DAVELI: 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.
DAVELI
Largest movements
- Receivables within one year -€1,682
down €1,682 (-96.1%), from €1,750 to €69
of which Other amounts receivable: -€1,682
- Cash +€530
up €530 (+70.5%), from €752 to €1,283
mainly Receivables within one year (+€1,682) and Depreciation (+€210)
- Formation expenses -€210
down €210 (-39.6%), from €530 to €320
- Profit (loss) carried forward -€1,290
down €1,290 (-13.9%), from -€9,273 to -€10,563
- Trade debts -€71
down €71 (-23.1%), from €306 to €235
- Gross operating margin +€415
up €415 (+31.7%), from -€1,310 to -€895
- Other operating charges -€247
down €247 (-63.7%), from €387 to €141
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 | €3,033 | €1,672 | -€1,361 | -44.9% |
| Formation expenses | 20 | €530 | €320 | -€210 | -39.6% |
| Current assets | 29/58 | €2,503 | €1,351 | -€1,151 | -46.0% |
| Amounts receivable within one year | 40/41 | €1,750 | €69 | -€1,682 | -96.1% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,750 | €69 | -€1,682 | -96.1% |
| Cash at bank and in hand | 54/58 | €752 | €1,283 | +€530 | +70.5% |
| Total equity and liabilities | 10/49 | €3,033 | €1,672 | -€1,361 | -44.9% |
| Equity | 10/15 | €727 | -€563 | -€1,290 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,273 | -€10,563 | -€1,290 | -13.9% |
| Amounts payable | 17/49 | €2,306 | €2,235 | -€71 | -3.1% |
| Amounts payable within one year | 42/48 | €2,306 | €2,235 | -€71 | -3.1% |
| Trade debts | 44 | €306 | €235 | -€71 | -23.1% |
| Suppliers | 440/4 | €306 | €235 | -€71 | -23.1% |
| Other amounts payable | 47/48 | €2,000 | €2,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €210 | €210 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €141 | -€247 | -63.7% |
| Gross operating margin | 9900 | -€1,310 | -€895 | +€415 | +31.7% |
| Operating profit (loss) | 9901 | -€1,907 | -€1,245 | +€662 | +34.7% |
| Financial charges | 65/66B | €39 | €45 | +€6 | +15.2% |
| Recurring financial charges | 65 | €39 | €45 | +€6 | +15.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,947 | -€1,290 | +€656 | +33.7% |
| Profit (loss) for the period | 9904 | -€1,947 | -€1,290 | +€656 | +33.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,947 | -€1,290 | +€656 | +33.7% |
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.