DAVICO INTERNATIONAL: 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.
DAVICO INTERNATIONAL
Largest movements
- Cash -€5,682
down €5,682 (-67.2%), from €8,458 to €2,776
mainly Other debts (-€25,241) and Trade debts (-€4,371)
- Receivables within one year +€1,804
up €1,804 (+33.8%), from €5,339 to €7,143
- Tangible fixed assets -€866
down €866 (-20.2%), from €4,288 to €3,422
- Contributions +€28,034
up €28,034 (+83.8%), from €33,466 to €61,500
- Other debts -€25,241
down €25,241 (-34.9%), from €72,312 to €47,071
- Trade debts -€4,371
down €4,371 (-46.5%), from €9,397 to €5,026
- Profit (loss) carried forward -€2,768
down €2,768 (-6.0%), from -€45,927 to -€48,695
- Gross operating margin -€2,295
down €2,295, from €1,414 to -€881
- Depreciation -€1,092
down €1,092 (-35.9%), from €3,044 to €1,952
- Financial charges -€136
down €136 (-87.2%), from €156 to €20
- Financial income +€70
up €70 (+438%), from €16 to €86
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 | €69,359 | €65,013 | -€4,346 | -6.3% |
| Fixed assets | 21/28 | €4,288 | €3,422 | -€866 | -20.2% |
| Tangible fixed assets | 22/27 | €4,288 | €3,422 | -€866 | -20.2% |
| Plant, machinery and equipment | 23 | €4,288 | €3,422 | -€866 | -20.2% |
| Current assets | 29/58 | €65,071 | €61,591 | -€3,480 | -5.3% |
| Stocks and contracts in progress | 3 | €50,332 | €50,534 | +€202 | +0.4% |
| Stocks | 30/36 | €50,332 | €50,534 | +€202 | +0.4% |
| Amounts receivable within one year | 40/41 | €5,339 | €7,143 | +€1,804 | +33.8% |
| Trade receivables | 40 | €5,339 | €7,143 | +€1,804 | +33.8% |
| Cash at bank and in hand | 54/58 | €8,458 | €2,776 | -€5,682 | -67.2% |
| Deferred charges and accrued income | 490/1 | €942 | €1,138 | +€196 | +20.8% |
| Total equity and liabilities | 10/49 | €69,359 | €65,013 | -€4,346 | -6.3% |
| Equity | 10/15 | -€12,350 | €12,916 | +€25,266 | |
| Contributions | 10/11 | €33,466 | €61,500 | +€28,034 | +83.8% |
| Capital | 10 | €33,466 | €61,500 | +€28,034 | +83.8% |
| Issued capital | 100 | €33,466 | €61,500 | +€28,034 | +83.8% |
| Reserves | 13 | €111 | €111 | = | 0.0% |
| Non-distributable reserves | 130/1 | €111 | €111 | = | 0.0% |
| Legal reserve | 130 | €111 | €111 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,927 | -€48,695 | -€2,768 | -6.0% |
| Amounts payable | 17/49 | €81,709 | €52,097 | -€29,612 | -36.2% |
| Amounts payable within one year | 42/48 | €81,709 | €52,097 | -€29,612 | -36.2% |
| Trade debts | 44 | €9,397 | €5,026 | -€4,371 | -46.5% |
| Suppliers | 440/4 | €9,397 | €5,026 | -€4,371 | -46.5% |
| Other amounts payable | 47/48 | €72,312 | €47,071 | -€25,241 | -34.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,044 | €1,952 | -€1,092 | -35.9% |
| Gross operating margin | 9900 | €1,414 | -€881 | -€2,295 | |
| Operating profit (loss) | 9901 | -€1,630 | -€2,833 | -€1,203 | -73.8% |
| Financial income | 75/76B | €16 | €86 | +€70 | +438% |
| Recurring financial income | 75 | €16 | €86 | +€70 | +438% |
| Financial charges | 65/66B | €156 | €20 | -€136 | -87.2% |
| Recurring financial charges | 65 | €156 | €20 | -€136 | -87.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,770 | -€2,767 | -€997 | -56.3% |
| Profit (loss) for the period | 9904 | -€1,770 | -€2,767 | -€997 | -56.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,770 | -€2,767 | -€997 | -56.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.