DAVERMO: 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.
DAVERMO
Largest movements
- Cash +€26,726
up €26,726 (+20.3%), from €131,508 to €158,234
mainly Depreciation (+€21,065) and Receivables within one year (+€20,576)
- Receivables within one year -€20,576
down €20,576 (-8.0%), from €257,872 to €237,295
of which Trade receivables: -€28,299
- Tangible fixed assets -€13,980
down €13,980 (-9.2%), from €151,822 to €137,842
of which Furniture and vehicles: -€16,819
- Intangible fixed assets +€6,449
up €6,449 (+3718.8%), from €173 to €6,622
- Other debts -€22,923
down €22,923 (-16.9%), from €135,307 to €112,385
- Trade debts +€17,731
up €17,731 (+33.7%), from €52,538 to €70,269
- Tax, wage and social debts +€7,673
up €7,673 (+107.5%), from €7,140 to €14,814
of which Taxes: +€5,501
- Debts after one year -€6,794
down €6,794 (-100.0%), from €6,794 to €0
- Staff costs +€42,560
up €42,560 (+164.5%), from €25,874 to €68,433
- Depreciation -€40,234
down €40,234 (-65.6%), from €61,299 to €21,065
- Gross operating margin -€34,524
down €34,524 (-21.1%), from €163,472 to €128,948
- Financial income +€15,105
up €15,105 (+424.3%), from €3,560 to €18,665
- Other operating charges +€9,329
up €9,329 (+31.1%), from €29,956 to €39,285
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 | €608,291 | €606,189 | -€2,102 | -0.3% |
| Fixed assets | 21/28 | €151,996 | €144,465 | -€7,531 | -5.0% |
| Intangible fixed assets | 21 | €173 | €6,622 | +€6,449 | +3718.8% |
| Tangible fixed assets | 22/27 | €151,822 | €137,842 | -€13,980 | -9.2% |
| Land and buildings | 22 | €87,566 | €86,057 | -€1,509 | -1.7% |
| Plant, machinery and equipment | 23 | €26,810 | €31,159 | +€4,349 | +16.2% |
| Furniture and vehicles | 24 | €37,446 | €20,626 | -€16,819 | -44.9% |
| Current assets | 29/58 | €456,296 | €461,724 | +€5,429 | +1.2% |
| Stocks and contracts in progress | 3 | €62,933 | €61,588 | -€1,345 | -2.1% |
| Stocks | 30/36 | €62,933 | €61,588 | -€1,345 | -2.1% |
| Amounts receivable within one year | 40/41 | €257,872 | €237,295 | -€20,576 | -8.0% |
| Trade receivables | 40 | €205,883 | €177,585 | -€28,299 | -13.7% |
| Other amounts receivable | 41 | €51,989 | €59,711 | +€7,722 | +14.9% |
| Cash at bank and in hand | 54/58 | €131,508 | €158,234 | +€26,726 | +20.3% |
| Deferred charges and accrued income | 490/1 | €3,982 | €4,607 | +€624 | +15.7% |
| Total equity and liabilities | 10/49 | €608,291 | €606,189 | -€2,102 | -0.3% |
| Equity | 10/15 | €396,425 | €401,928 | +€5,503 | +1.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €377,875 | €383,378 | +€5,503 | +1.5% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €19,282 | €19,282 | = | 0.0% |
| Distributable reserves | 133 | €356,738 | €362,241 | +€5,503 | +1.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €211,867 | €204,261 | -€7,606 | -3.6% |
| Amounts payable after more than one year | 17 | €6,794 | €0 | -€6,794 | -100.0% |
| Financial debts | 170/4 | €6,794 | €0 | -€6,794 | -100.0% |
| Amounts payable within one year | 42/48 | €205,073 | €204,261 | -€812 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €10,087 | €6,794 | -€3,294 | -32.7% |
| Trade debts | 44 | €52,538 | €70,269 | +€17,731 | +33.7% |
| Suppliers | 440/4 | €52,538 | €70,269 | +€17,731 | +33.7% |
| Taxes, remuneration and social security | 45 | €7,140 | €14,814 | +€7,673 | +107.5% |
| Taxes | 450/3 | €4,505 | €10,006 | +€5,501 | +122.1% |
| Remuneration and social security | 454/9 | €2,635 | €4,807 | +€2,172 | +82.4% |
| Other amounts payable | 47/48 | €135,307 | €112,385 | -€22,923 | -16.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €25,874 | €68,433 | +€42,560 | +164.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,299 | €21,065 | -€40,234 | -65.6% |
| Other operating charges | 640/8 | €29,956 | €39,285 | +€9,329 | +31.1% |
| Gross operating margin | 9900 | €163,472 | €128,948 | -€34,524 | -21.1% |
| Operating profit (loss) | 9901 | €46,343 | €165 | -€46,178 | -99.6% |
| Financial income | 75/76B | €3,560 | €18,665 | +€15,105 | +424.3% |
| Recurring financial income | 75 | €3,560 | €18,665 | +€15,105 | +424.3% |
| Financial charges | 65/66B | €8,590 | €9,871 | +€1,281 | +14.9% |
| Recurring financial charges | 65 | €8,590 | €9,871 | +€1,281 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | €41,313 | €8,959 | -€32,354 | -78.3% |
| Transfer from deferred taxes | 780 | €3,294 | €0 | -€3,294 | -100.0% |
| Income taxes | 67/77 | €8,575 | €3,455 | -€5,120 | -59.7% |
| Profit (loss) for the period | 9904 | €36,032 | €5,503 | -€30,528 | -84.7% |
| Transfer from tax-exempt reserves | 789 | €4,941 | €0 | -€4,941 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €40,972 | €5,503 | -€35,469 | -86.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.