DAVID BAT RENOV: 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.
DAVID BAT RENOV
Largest movements
- Receivables within one year -€7,753
down €7,753 (-24.7%), from €31,412 to €23,659
of which Trade receivables: -€4,341
- Trade debts -€19,990
down €19,990 (-95.4%), from €20,960 to €969
- Profit (loss) carried forward +€6,217
up €6,217 (+94.9%), from €6,553 to €12,770
- Other debts +€5,181
new in 2025: €5,181
- Tax, wage and social debts +€896
up €896 (+32.6%), from €2,750 to €3,645
- Gross operating margin +€3,071
up €3,071 (+57.5%), from €5,343 to €8,414
- Taxes +€526
up €526 (+36.9%), from €1,426 to €1,952
- Financial charges +€245
new in 2025: €245
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 | €31,412 | €23,715 | -€7,698 | -24.5% |
| Current assets | 29/58 | €31,412 | €23,715 | -€7,698 | -24.5% |
| Amounts receivable within one year | 40/41 | €31,412 | €23,659 | -€7,753 | -24.7% |
| Trade receivables | 40 | €28,000 | €23,659 | -€4,341 | -15.5% |
| Other amounts receivable | 41 | €3,412 | - | -€3,412 | |
| Cash at bank and in hand | 54/58 | - | €56 | +€56 | |
| Total equity and liabilities | 10/49 | €31,412 | €23,715 | -€7,698 | -24.5% |
| Equity | 10/15 | €7,703 | €13,920 | +€6,217 | +80.7% |
| Contributions | 10/11 | €1,150 | €1,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,553 | €12,770 | +€6,217 | +94.9% |
| Amounts payable | 17/49 | €23,709 | €9,795 | -€13,914 | -58.7% |
| Amounts payable within one year | 42/48 | €23,709 | €9,795 | -€13,914 | -58.7% |
| Trade debts | 44 | €20,960 | €969 | -€19,990 | -95.4% |
| Suppliers | 440/4 | €20,960 | €969 | -€19,990 | -95.4% |
| Taxes, remuneration and social security | 45 | €2,750 | €3,645 | +€896 | +32.6% |
| Taxes | 450/3 | €2,750 | €3,645 | +€896 | +32.6% |
| Other amounts payable | 47/48 | - | €5,181 | +€5,181 | |
| Gross operating margin | 9900 | €5,343 | €8,414 | +€3,071 | +57.5% |
| Operating profit (loss) | 9901 | €5,343 | €8,414 | +€3,071 | +57.5% |
| Financial charges | 65/66B | - | €245 | +€245 | |
| Recurring financial charges | 65 | - | €245 | +€245 | |
| Profit (loss) for the period before taxes | 9903 | €5,343 | €8,169 | +€2,826 | +52.9% |
| Income taxes | 67/77 | €1,426 | €1,952 | +€526 | +36.9% |
| Profit (loss) for the period | 9904 | €3,917 | €6,217 | +€2,299 | +58.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,917 | €6,217 | +€2,299 | +58.7% |
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 22 October 2026 via checked.be.