DAVENCO: what changed
Two financial 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.
DAVENCO
Largest movements
- Receivables within one year +€6,944
up €6,944 (+32.2%), from €21,546 to €28,490
of which Trade receivables: +€7,303
- Trade debts +€4,407
up €4,407 (+7,344%), from €60 to €4,467
- Tax, wage and social debts +€2,091
new in 2025: €2,091
of which Remuneration and social security: +€1,800
- Other debts +€1,365
new in 2025: €1,365
- Profit (loss) carried forward -€927
down €927 (-4.6%), from €20,255 to €19,329
- Gross operating margin +€2,882
up €2,882, from -€2,558 to €324
- Financial income -€601
no longer reported in 2025 (was €601)
- Financial charges -€504
down €504 (-55.2%), from €913 to €409
of which Non-recurring financial charges: -€764
- Staff costs +€427
new in 2025: €427
- Other operating charges +€379
new in 2025: €379
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.
Derived cash bridge
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 | €34,597 | €41,511 | +€6,914 | +20.0% |
| Current assets | 29/58 | €34,597 | €41,511 | +€6,914 | +20.0% |
| Amounts receivable within one year | 40/41 | €21,546 | €28,490 | +€6,944 | +32.2% |
| Trade receivables | 40 | - | €7,303 | +€7,303 | |
| Other amounts receivable | 41 | €21,546 | €21,187 | -€358 | -1.7% |
| Current investments | 50/53 | €13,000 | €13,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €52 | €21 | -€30 | -58.8% |
| Total equity and liabilities | 10/49 | €34,597 | €41,511 | +€6,914 | +20.0% |
| Equity | 10/15 | €34,515 | €33,589 | -€927 | -2.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,255 | €19,329 | -€927 | -4.6% |
| Amounts payable | 17/49 | €82 | €7,923 | +€7,841 | +9,571% |
| Amounts payable within one year | 42/48 | €82 | €7,923 | +€7,841 | +9,571% |
| Financial debts | 43 | €22 | - | -€22 | |
| Credit institutions | 430/8 | €22 | - | -€22 | |
| Trade debts | 44 | €60 | €4,467 | +€4,407 | +7,344% |
| Suppliers | 440/4 | €60 | €4,467 | +€4,407 | +7,344% |
| Taxes, remuneration and social security | 45 | - | €2,091 | +€2,091 | |
| Taxes | 450/3 | - | €291 | +€291 | |
| Remuneration and social security | 454/9 | - | €1,800 | +€1,800 | |
| Other amounts payable | 47/48 | - | €1,365 | +€1,365 | |
| Remuneration, social security and pensions | 62 | - | €427 | +€427 | |
| Other operating charges | 640/8 | - | €379 | +€379 | |
| Gross operating margin | 9900 | -€2,558 | €324 | +€2,882 | |
| Operating profit (loss) | 9901 | -€2,558 | -€482 | +€2,076 | +81.2% |
| Financial income | 75/76B | €601 | - | -€601 | |
| Recurring financial income | 75 | €601 | - | -€601 | |
| Financial charges | 65/66B | €913 | €409 | -€504 | -55.2% |
| Recurring financial charges | 65 | €149 | €409 | +€260 | +175% |
| Non-recurring financial charges | 66B | €764 | - | -€764 | |
| Profit (loss) for the period before taxes | 9903 | -€2,869 | -€891 | +€1,979 | +69.0% |
| Income taxes | 67/77 | - | €36 | +€36 | |
| Profit (loss) for the period | 9904 | -€2,869 | -€927 | +€1,943 | +67.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,869 | -€927 | +€1,943 | +67.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.