DAVIDT: 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.
DAVIDT
Largest movements
- Receivables within one year -€4,979
down €4,979 (-91.9%), from €5,417 to €438
of which Trade receivables: -€5,417
- Cash +€3,546
up €3,546 (+31.4%), from €11,280 to €14,826
mainly Receivables within one year (+€4,979) and Net result for the year (+€1,822)
- Deferred charges and accrued income +€217
new in 2025: €217
- Trade debts -€3,240
down €3,240 (-96.3%), from €3,364 to €124
- Reserves +€1,822
up €1,822 (+29.5%), from €6,184 to €8,006
- Other debts +€427
up €427 (+555.8%), from €77 to €504
- Gross operating margin +€6,791
up €6,791, from -€3,754 to €3,037
- Taxes +€562
new in 2025: €562
- Other operating charges +€52
up €52 (+13.5%), from €387 to €440
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 | €17,832 | €16,675 | -€1,157 | -6.5% |
| Fixed assets | 21/28 | €60 | €60 | = | 0.0% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €17,772 | €16,615 | -€1,157 | -6.5% |
| Stocks and contracts in progress | 3 | €1,076 | €1,133 | +€58 | +5.4% |
| Stocks | 30/36 | €1,076 | €1,133 | +€58 | +5.4% |
| Amounts receivable within one year | 40/41 | €5,417 | €438 | -€4,979 | -91.9% |
| Trade receivables | 40 | €5,417 | - | -€5,417 | |
| Other amounts receivable | 41 | - | €438 | +€438 | |
| Cash at bank and in hand | 54/58 | €11,280 | €14,826 | +€3,546 | +31.4% |
| Deferred charges and accrued income | 490/1 | - | €217 | +€217 | |
| Total equity and liabilities | 10/49 | €17,832 | €16,675 | -€1,157 | -6.5% |
| Equity | 10/15 | €12,384 | €14,206 | +€1,822 | +14.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €6,184 | €8,006 | +€1,822 | +29.5% |
| Distributable reserves | 133 | €6,184 | €8,006 | +€1,822 | +29.5% |
| Amounts payable | 17/49 | €5,448 | €2,469 | -€2,979 | -54.7% |
| Amounts payable within one year | 42/48 | €5,448 | €2,469 | -€2,979 | -54.7% |
| Trade debts | 44 | €3,364 | €124 | -€3,240 | -96.3% |
| Suppliers | 440/4 | €3,364 | €124 | -€3,240 | -96.3% |
| Taxes, remuneration and social security | 45 | €2,007 | €1,841 | -€166 | -8.3% |
| Taxes | 450/3 | €2,007 | €1,841 | -€166 | -8.3% |
| Other amounts payable | 47/48 | €77 | €504 | +€427 | +555.8% |
| Other operating charges | 640/8 | €387 | €440 | +€52 | +13.5% |
| Gross operating margin | 9900 | -€3,754 | €3,037 | +€6,791 | |
| Operating profit (loss) | 9901 | -€4,141 | €2,597 | +€6,739 | |
| Financial charges | 65/66B | €214 | €214 | -€0 | -0.2% |
| Recurring financial charges | 65 | €214 | €214 | -€0 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,355 | €2,384 | +€6,739 | |
| Income taxes | 67/77 | - | €562 | +€562 | |
| Profit (loss) for the period | 9904 | -€4,355 | €1,822 | +€6,177 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,355 | €1,822 | +€6,177 |
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 8 October 2026 via checked.be.