DAVI: 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.
DAVI
Largest movements
- Deferred charges and accrued income +€14,000
new in 2025: €14,000
- Receivables within one year -€9,474
down €9,474 (-72.3%), from €13,111 to €3,637
of which Trade receivables: -€9,680
- Cash +€5,700
up €5,700 (+2174.4%), from €262 to €5,962
mainly Net result for the year (+€40,451) and Receivables within one year (+€9,474)
- Profit (loss) carried forward +€40,451
up €40,451 (+21.8%), from -€185,740 to -€145,290
- Debts after one year -€32,405
down €32,405 (-26.0%), from €124,590 to €92,185
- Trade debts +€5,469
up €5,469 (+706.2%), from €774 to €6,243
- Tax, wage and social debts -€2,448
no longer reported in 2025 (was €2,448)
- Other debts -€841
no longer reported in 2025 (was €841)
- Gross operating margin -€15,999
down €15,999 (-27.9%), from €57,409 to €41,410
- Other operating charges -€2,122
down €2,122 (-82.9%), from €2,561 to €439
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 | €13,374 | €23,599 | +€10,225 | +76.5% |
| Current assets | 29/58 | €13,374 | €23,599 | +€10,225 | +76.5% |
| Amounts receivable within one year | 40/41 | €13,111 | €3,637 | -€9,474 | -72.3% |
| Trade receivables | 40 | €9,680 | - | -€9,680 | |
| Other amounts receivable | 41 | €3,431 | €3,637 | +€206 | +6.0% |
| Cash at bank and in hand | 54/58 | €262 | €5,962 | +€5,700 | +2174.4% |
| Deferred charges and accrued income | 490/1 | - | €14,000 | +€14,000 | |
| Total equity and liabilities | 10/49 | €13,374 | €23,599 | +€10,225 | +76.5% |
| Equity | 10/15 | -€115,280 | -€74,830 | +€40,451 | +35.1% |
| Contributions | 10/11 | €68,600 | €68,600 | = | 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 | -€185,740 | -€145,290 | +€40,451 | +21.8% |
| Amounts payable | 17/49 | €128,654 | €98,428 | -€30,225 | -23.5% |
| Amounts payable after more than one year | 17 | €124,590 | €92,185 | -€32,405 | -26.0% |
| Other amounts payable | 178/9 | €124,590 | €92,185 | -€32,405 | -26.0% |
| Amounts payable within one year | 42/48 | €4,064 | €6,243 | +€2,179 | +53.6% |
| Trade debts | 44 | €774 | €6,243 | +€5,469 | +706.2% |
| Suppliers | 440/4 | €774 | €6,243 | +€5,469 | +706.2% |
| Taxes, remuneration and social security | 45 | €2,448 | - | -€2,448 | |
| Taxes | 450/3 | €2,448 | - | -€2,448 | |
| Other amounts payable | 47/48 | €841 | - | -€841 | |
| Other operating charges | 640/8 | €2,561 | €439 | -€2,122 | -82.9% |
| Gross operating margin | 9900 | €57,409 | €41,410 | -€15,999 | -27.9% |
| Operating profit (loss) | 9901 | €54,848 | €40,971 | -€13,877 | -25.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | - | €520 | +€520 | |
| Recurring financial charges | 65 | - | €520 | +€520 | |
| Profit (loss) for the period before taxes | 9903 | €54,848 | €40,451 | -€14,397 | -26.2% |
| Profit (loss) for the period | 9904 | €54,848 | €40,451 | -€14,397 | -26.2% |
| Profit (loss) for the period to be appropriated | 9905 | €54,848 | €40,451 | -€14,397 | -26.2% |
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 9 October 2026 via checked.be.