DAVI-NET: 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.
DAVI-NET
Largest movements
- Receivables within one year +€95,467
up €95,467 (+159%), from €59,884 to €155,351
of which Other amounts receivable: +€82,359
- Cash -€61,007
down €61,007 (-36.6%), from €166,766 to €105,759
mainly Receivables within one year (-€95,467) and Investment in fixed assets (net) (-€27,799)
- Tangible fixed assets +€25,586
up €25,586 (+437%), from €5,852 to €31,438
of which Other tangible fixed assets: +€25,523
- Reserves +€35,000
up €35,000 (+87.5%), from €40,000 to €75,000
- Profit (loss) carried forward +€30,758
up €30,758 (+50.0%), from €61,551 to €92,309
- Tax, wage and social debts +€30,415
up €30,415 (+56.8%), from €53,527 to €83,942
of which Remuneration and social security: +€25,419
- Trade debts -€24,949
down €24,949 (-52.0%), from €47,970 to €23,021
- Accrued charges and deferred income -€4,500
no longer reported in 2024 (was €4,500)
- Turnover +€288,127
new in 2024: €288,127
- Purchases and services +€124,221
new in 2024: €124,221
- Gross operating margin +€71,486
up €71,486 (+74.5%), from €96,015 to €167,501
- Staff costs +€44,235
up €44,235 (+285%), from €15,522 to €59,757
- Taxes +€14,240
up €14,240 (+88.3%), from €16,121 to €30,361
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €233,232 | €293,613 | +€60,381 | +25.9% |
| Fixed assets | 21/28 | €5,852 | €31,438 | +€25,586 | +437% |
| Tangible fixed assets | 22/27 | €5,852 | €31,438 | +€25,586 | +437% |
| Furniture and vehicles | 24 | €2,852 | €2,915 | +€63 | +2.2% |
| Other tangible fixed assets | 26 | €3,000 | €28,523 | +€25,523 | +851% |
| Current assets | 29/58 | €227,380 | €262,176 | +€34,796 | +15.3% |
| Amounts receivable within one year | 40/41 | €59,884 | €155,351 | +€95,467 | +159% |
| Trade receivables | 40 | €59,884 | €72,992 | +€13,108 | +21.9% |
| Other amounts receivable | 41 | - | €82,359 | +€82,359 | |
| Cash at bank and in hand | 54/58 | €166,766 | €105,759 | -€61,007 | -36.6% |
| Deferred charges and accrued income | 490/1 | €730 | €1,066 | +€336 | +46.0% |
| Total equity and liabilities | 10/49 | €233,232 | €293,613 | +€60,381 | +25.9% |
| Equity | 10/15 | €115,811 | €181,569 | +€65,758 | +56.8% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €40,000 | €75,000 | +€35,000 | +87.5% |
| Distributable reserves | 133 | €40,000 | €75,000 | +€35,000 | +87.5% |
| Profit (loss) carried forward | 14 | €61,551 | €92,309 | +€30,758 | +50.0% |
| Amounts payable | 17/49 | €117,421 | €112,044 | -€5,377 | -4.6% |
| Amounts payable after more than one year | 17 | €5,081 | €937 | -€4,144 | -81.5% |
| Financial debts | 170/4 | €5,081 | €937 | -€4,144 | -81.5% |
| Amounts payable within one year | 42/48 | €107,840 | €111,107 | +€3,267 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €3,817 | €4,144 | +€327 | +8.6% |
| Trade debts | 44 | €47,970 | €23,021 | -€24,949 | -52.0% |
| Suppliers | 440/4 | €47,970 | €23,021 | -€24,949 | -52.0% |
| Taxes, remuneration and social security | 45 | €53,527 | €83,942 | +€30,415 | +56.8% |
| Taxes | 450/3 | €47,605 | €52,601 | +€4,996 | +10.5% |
| Remuneration and social security | 454/9 | €5,922 | €31,341 | +€25,419 | +429% |
| Other amounts payable | 47/48 | €2,526 | - | -€2,526 | |
| Accrued charges and deferred income | 492/3 | €4,500 | - | -€4,500 | |
| Turnover | 70 | - | €288,127 | +€288,127 | |
| Non-recurring operating income | 76A | - | €1,454 | +€1,454 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €124,221 | +€124,221 | |
| Remuneration, social security and pensions | 62 | €15,522 | €59,757 | +€44,235 | +285% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €963 | €2,213 | +€1,250 | +130% |
| Other operating charges | 640/8 | €1,916 | €3,086 | +€1,170 | +61.1% |
| Non-recurring operating charges | 66A | €11,318 | €6,937 | -€4,381 | -38.7% |
| Gross operating margin | 9900 | €96,015 | €167,501 | +€71,486 | +74.5% |
| Operating profit (loss) | 9901 | €66,296 | €95,508 | +€29,212 | +44.1% |
| Financial income | 75/76B | €50 | €2,578 | +€2,528 | +5,057% |
| Recurring financial income | 75 | €50 | €2,578 | +€2,528 | +5,057% |
| Financial charges | 65/66B | €1,514 | €1,967 | +€453 | +29.9% |
| Recurring financial charges | 65 | €1,514 | €1,967 | +€453 | +29.9% |
| Profit (loss) for the period before taxes | 9903 | €64,832 | €96,120 | +€31,288 | +48.3% |
| Income taxes | 67/77 | €16,121 | €30,361 | +€14,240 | +88.3% |
| Profit (loss) for the period | 9904 | €48,711 | €65,758 | +€17,047 | +35.0% |
| Profit (loss) for the period to be appropriated | 9905 | €48,711 | €65,758 | +€17,047 | +35.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.