DAVID.K: 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.K
Largest movements
- Tangible fixed assets -€2,084
down €2,084 (-25.0%), from €8,344 to €6,260
of which Plant, machinery and equipment: -€1,755
- Deferred charges and accrued income +€1,001
up €1,001 (+1393.2%), from €72 to €1,073
- Stocks and contracts -€345
down €345 (-69.0%), from €500 to €155
- Cash -€185
down €185 (-9.4%), from €1,964 to €1,780
mainly Other debts (-€4,788) and Deferred charges and accrued income (-€1,001)
- Other debts -€4,788
down €4,788 (-53.2%), from €9,006 to €4,219
- Current portion of long-term debt +€2,226
new in 2025: €2,226
- Tax, wage and social debts +€1,984
up €1,984 (+320.3%), from €619 to €2,603
of which Taxes: +€1,734
- Trade debts -€539
down €539 (-73.4%), from €734 to €196
- Profit (loss) carried forward -€520
no longer reported in 2025 (was €520)
- Purchases and services +€27,572
new in 2025: €27,572
- Turnover +€25,839
new in 2025: €25,839
- Gross operating margin -€1,615
down €1,615 (-33.1%), from €4,881 to €3,266
- Depreciation -€801
down €801 (-27.8%), from €2,885 to €2,084
- Financial charges -€515
down €515 (-52.7%), from €977 to €462
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 | €10,880 | €9,268 | -€1,612 | -14.8% |
| Fixed assets | 21/28 | €8,344 | €6,260 | -€2,084 | -25.0% |
| Tangible fixed assets | 22/27 | €8,344 | €6,260 | -€2,084 | -25.0% |
| Plant, machinery and equipment | 23 | €8,016 | €6,260 | -€1,755 | -21.9% |
| Furniture and vehicles | 24 | €329 | - | -€329 | |
| Current assets | 29/58 | €2,536 | €3,008 | +€472 | +18.6% |
| Stocks and contracts in progress | 3 | €500 | €155 | -€345 | -69.0% |
| Stocks | 30/36 | €500 | €155 | -€345 | -69.0% |
| Cash at bank and in hand | 54/58 | €1,964 | €1,780 | -€185 | -9.4% |
| Deferred charges and accrued income | 490/1 | €72 | €1,073 | +€1,001 | +1393.2% |
| Total equity and liabilities | 10/49 | €10,880 | €9,268 | -€1,612 | -14.8% |
| Equity | 10/15 | €521 | €25 | -€496 | -95.2% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | - | €24 | +€24 | |
| Distributable reserves | 133 | - | €24 | +€24 | |
| Profit (loss) carried forward | 14 | €520 | - | -€520 | |
| Amounts payable | 17/49 | €10,360 | €9,243 | -€1,117 | -10.8% |
| Amounts payable within one year | 42/48 | €10,360 | €9,243 | -€1,117 | -10.8% |
| Current portion of amounts payable after more than one year | 42 | - | €2,226 | +€2,226 | |
| Trade debts | 44 | €734 | €196 | -€539 | -73.4% |
| Suppliers | 440/4 | €734 | €196 | -€539 | -73.4% |
| Taxes, remuneration and social security | 45 | €619 | €2,603 | +€1,984 | +320.3% |
| Taxes | 450/3 | €619 | €2,353 | +€1,734 | +280.0% |
| Remuneration and social security | 454/9 | - | €250 | +€250 | |
| Other amounts payable | 47/48 | €9,006 | €4,219 | -€4,788 | -53.2% |
| Turnover | 70 | - | €25,839 | +€25,839 | |
| Non-recurring operating income | 76A | - | €2,500 | +€2,500 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €27,572 | +€27,572 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,885 | €2,084 | -€801 | -27.8% |
| Other operating charges | 640/8 | €743 | €1,216 | +€474 | +63.8% |
| Gross operating margin | 9900 | €4,881 | €3,266 | -€1,615 | -33.1% |
| Operating profit (loss) | 9901 | €1,254 | -€34 | -€1,288 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €977 | €462 | -€515 | -52.7% |
| Recurring financial charges | 65 | €977 | €462 | -€515 | -52.7% |
| Profit (loss) for the period before taxes | 9903 | €277 | -€496 | -€773 | |
| Profit (loss) for the period | 9904 | €277 | -€496 | -€773 | |
| Profit (loss) for the period to be appropriated | 9905 | €277 | -€496 | -€773 |
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 6 October 2026 via checked.be.