DAVE CONCEPT: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
DAVE CONCEPT
Largest movements
- Tangible fixed assets -€462
down €462 (-80.4%), from €574 to €113
of which Plant, machinery and equipment: -€328
- Receivables within one year +€175
up €175 (+11.5%), from €1,524 to €1,699
of which Trade receivables: +€753
- Profit (loss) carried forward -€1,584
down €1,584 (-4.3%), from -€36,683 to -€38,267
- Trade debts +€1,298
up €1,298 (+55.6%), from €2,335 to €3,633
- Depreciation -€376
down €376 (-44.9%), from €838 to €462
- Gross operating margin +€135
up €135 (+13.9%), from -€970 to -€835
- Other operating charges +€44
up €44 (+18.0%), from €244 to €288
- Financial charges -€23
no longer reported in 2025 (was €23)
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,541 | €4,254 | -€286 | -6.3% |
| Fixed assets | 21/28 | €574 | €113 | -€462 | -80.4% |
| Tangible fixed assets | 22/27 | €574 | €113 | -€462 | -80.4% |
| Plant, machinery and equipment | 23 | €441 | €113 | -€328 | -74.4% |
| Furniture and vehicles | 24 | €134 | - | -€134 | |
| Current assets | 29/58 | €3,966 | €4,142 | +€175 | +4.4% |
| Amounts receivable within one year | 40/41 | €1,524 | €1,699 | +€175 | +11.5% |
| Trade receivables | 40 | €810 | €1,562 | +€753 | +93.0% |
| Other amounts receivable | 41 | €714 | €137 | -€577 | -80.9% |
| Cash at bank and in hand | 54/58 | €2,443 | €2,443 | = | 0.0% |
| Total equity and liabilities | 10/49 | €4,541 | €4,254 | -€286 | -6.3% |
| Equity | 10/15 | -€16,232 | -€17,816 | -€1,584 | -9.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,683 | -€38,267 | -€1,584 | -4.3% |
| Amounts payable | 17/49 | €20,772 | €22,071 | +€1,298 | +6.2% |
| Amounts payable within one year | 42/48 | €20,772 | €22,071 | +€1,298 | +6.2% |
| Trade debts | 44 | €2,335 | €3,633 | +€1,298 | +55.6% |
| Suppliers | 440/4 | €2,335 | €3,633 | +€1,298 | +55.6% |
| Advances received on contracts in progress | 46 | €7,495 | €7,495 | = | 0.0% |
| Other amounts payable | 47/48 | €10,943 | €10,943 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €838 | €462 | -€376 | -44.9% |
| Other operating charges | 640/8 | €244 | €288 | +€44 | +18.0% |
| Gross operating margin | 9900 | -€970 | -€835 | +€135 | +13.9% |
| Operating profit (loss) | 9901 | -€2,052 | -€1,584 | +€468 | +22.8% |
| Financial charges | 65/66B | €23 | - | -€23 | |
| Recurring financial charges | 65 | €23 | - | -€23 | |
| Profit (loss) for the period before taxes | 9903 | -€2,075 | -€1,584 | +€491 | +23.6% |
| Profit (loss) for the period | 9904 | -€2,075 | -€1,584 | +€491 | +23.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,075 | -€1,584 | +€491 | +23.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.