Daveda: 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.
Daveda
Largest movements
- Cash +€17,107
up €17,107 (+10.5%), from €162,854 to €179,961
mainly Stocks and contracts (+€12,124) and Net result for the year (+€8,707)
- Stocks and contracts -€12,124
down €12,124 (-6.7%), from €180,754 to €168,631
- Receivables within one year +€4,309
up €4,309 (+106.4%), from €4,048 to €8,358
- Reserves +€8,707
up €8,707 (+3.0%), from €294,747 to €303,454
- Advances received +€3,590
new in 2025: €3,590
- Gross operating margin +€52,911
up €52,911 (+127.1%), from €41,618 to €94,529
- Write-downs +€31,070
new in 2025: €31,070
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 | €347,997 | €358,446 | +€10,449 | +3.0% |
| Fixed assets | 21/28 | - | €1,150 | +€1,150 | |
| Tangible fixed assets | 22/27 | - | €1,150 | +€1,150 | |
| Furniture and vehicles | 24 | - | €1,150 | +€1,150 | |
| Current assets | 29/58 | €347,997 | €357,297 | +€9,300 | +2.7% |
| Stocks and contracts in progress | 3 | €180,754 | €168,631 | -€12,124 | -6.7% |
| Stocks | 30/36 | €180,754 | €168,631 | -€12,124 | -6.7% |
| Amounts receivable within one year | 40/41 | €4,048 | €8,358 | +€4,309 | +106.4% |
| Trade receivables | 40 | €4,048 | €8,358 | +€4,309 | +106.4% |
| Cash at bank and in hand | 54/58 | €162,854 | €179,961 | +€17,107 | +10.5% |
| Deferred charges and accrued income | 490/1 | €340 | €347 | +€7 | +2.0% |
| Total equity and liabilities | 10/49 | €347,997 | €358,446 | +€10,449 | +3.0% |
| Equity | 10/15 | €313,347 | €322,054 | +€8,707 | +2.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €294,747 | €303,454 | +€8,707 | +3.0% |
| Distributable reserves | 133 | €294,747 | €303,454 | +€8,707 | +3.0% |
| Amounts payable | 17/49 | €34,651 | €36,392 | +€1,742 | +5.0% |
| Amounts payable within one year | 42/48 | €34,651 | €36,388 | +€1,738 | +5.0% |
| Trade debts | 44 | €26,510 | €27,186 | +€675 | +2.5% |
| Suppliers | 440/4 | €26,510 | €27,186 | +€675 | +2.5% |
| Advances received on contracts in progress | 46 | - | €3,590 | +€3,590 | |
| Taxes, remuneration and social security | 45 | €8,098 | €5,572 | -€2,526 | -31.2% |
| Taxes | 450/3 | - | €184 | +€184 | |
| Remuneration and social security | 454/9 | €8,098 | €5,388 | -€2,710 | -33.5% |
| Other amounts payable | 47/48 | €42 | €40 | -€2 | -5.1% |
| Accrued charges and deferred income | 492/3 | - | €4 | +€4 | |
| Remuneration, social security and pensions | 62 | €54,051 | €54,016 | -€35 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €390 | +€390 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €31,070 | +€31,070 | |
| Other operating charges | 640/8 | €126 | - | -€126 | |
| Gross operating margin | 9900 | €41,618 | €94,529 | +€52,911 | +127.1% |
| Operating profit (loss) | 9901 | -€12,559 | €9,053 | +€21,612 | |
| Financial income | 75/76B | €4 | €144 | +€140 | +3619.6% |
| Recurring financial income | 75 | €4 | €144 | +€140 | +3619.6% |
| Financial charges | 65/66B | €351 | €490 | +€139 | +39.8% |
| Recurring financial charges | 65 | €351 | €490 | +€139 | +39.8% |
| Profit (loss) for the period before taxes | 9903 | -€12,906 | €8,707 | +€21,613 | |
| Profit (loss) for the period | 9904 | -€12,906 | €8,707 | +€21,613 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,906 | €8,707 | +€21,613 |
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 8 October 2026 via checked.be.