DAVID COM: 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.
DAVID COM
Largest movements
- Receivables within one year +€19,619
up €19,619 (+318.3%), from €6,163 to €25,782
of which Trade receivables: +€19,596
- Stocks and contracts +€3,632
up €3,632 (+637.2%), from €570 to €4,202
- Cash -€968
down €968 (-79.5%), from €1,218 to €250
mainly Receivables within one year (-€19,619) and Net result for the year (-€10,847)
- Tangible fixed assets -€335
down €335 (-12.7%), from €2,644 to €2,309
of which Land and buildings: -€2,644
- Advances received +€15,740
new in 2025: €15,740
- Profit (loss) carried forward -€10,846
down €10,846 (-19.3%), from -€56,175 to -€67,021
- Tax, wage and social debts +€9,845
new in 2025: €9,845
of which Remuneration and social security: +€9,000
- Other debts +€4,152
up €4,152 (+10.3%), from €40,167 to €44,319
- Trade debts +€3,343
up €3,343 (+58.7%), from €5,698 to €9,041
- Gross operating margin +€6,399
up €6,399 (+39.4%), from -€16,250 to -€9,851
- Other operating charges -€2,846
down €2,846 (-86.1%), from €3,306 to €460
- Financial charges -€303
down €303 (-60.1%), from €504 to €201
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 | €10,595 | €32,829 | +€22,234 | +209.9% |
| Fixed assets | 21/28 | €2,644 | €2,309 | -€335 | -12.7% |
| Tangible fixed assets | 22/27 | €2,644 | €2,309 | -€335 | -12.7% |
| Land and buildings | 22 | €2,644 | - | -€2,644 | |
| Plant, machinery and equipment | 23 | - | €2,309 | +€2,309 | |
| Current assets | 29/58 | €7,951 | €30,521 | +€22,570 | +283.9% |
| Stocks and contracts in progress | 3 | €570 | €4,202 | +€3,632 | +637.2% |
| Stocks | 30/36 | €570 | €4,202 | +€3,632 | +637.2% |
| Amounts receivable within one year | 40/41 | €6,163 | €25,782 | +€19,619 | +318.3% |
| Trade receivables | 40 | €5,216 | €24,812 | +€19,596 | +375.7% |
| Other amounts receivable | 41 | €947 | €970 | +€23 | +2.5% |
| Cash at bank and in hand | 54/58 | €1,218 | €250 | -€968 | -79.5% |
| Deferred charges and accrued income | 490/1 | - | €286 | +€286 | |
| Total equity and liabilities | 10/49 | €10,595 | €32,829 | +€22,234 | +209.9% |
| Equity | 10/15 | -€51,175 | -€62,021 | -€10,846 | -21.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,175 | -€67,021 | -€10,846 | -19.3% |
| Amounts payable | 17/49 | €61,770 | €94,851 | +€33,081 | +53.6% |
| Amounts payable after more than one year | 17 | €15,905 | €15,905 | -€0 | 0.0% |
| Financial debts | 170/4 | €15,905 | €15,905 | -€0 | 0.0% |
| Amounts payable within one year | 42/48 | €45,865 | €78,946 | +€33,081 | +72.1% |
| Trade debts | 44 | €5,698 | €9,041 | +€3,343 | +58.7% |
| Suppliers | 440/4 | €5,698 | €9,041 | +€3,343 | +58.7% |
| Advances received on contracts in progress | 46 | - | €15,740 | +€15,740 | |
| Taxes, remuneration and social security | 45 | - | €9,845 | +€9,845 | |
| Taxes | 450/3 | - | €845 | +€845 | |
| Remuneration and social security | 454/9 | - | €9,000 | +€9,000 | |
| Other amounts payable | 47/48 | €40,167 | €44,319 | +€4,152 | +10.3% |
| Non-recurring operating income | 76A | €1,710 | - | -€1,710 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €335 | €335 | = | 0.0% |
| Other operating charges | 640/8 | €3,306 | €460 | -€2,846 | -86.1% |
| Gross operating margin | 9900 | -€16,250 | -€9,851 | +€6,399 | +39.4% |
| Operating profit (loss) | 9901 | -€19,891 | -€10,646 | +€9,245 | +46.5% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €504 | €201 | -€303 | -60.1% |
| Recurring financial charges | 65 | €504 | €201 | -€303 | -60.1% |
| Profit (loss) for the period before taxes | 9903 | -€20,385 | -€10,847 | +€9,538 | +46.8% |
| Profit (loss) for the period | 9904 | -€20,385 | -€10,847 | +€9,538 | +46.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,385 | -€10,847 | +€9,538 | +46.8% |
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 1 October 2026 via checked.be.