DAVIDTS LIGHTING: 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.
DAVIDTS LIGHTING
Largest movements
- Stocks and contracts -€66,801
down €66,801 (-7.8%), from €854,025 to €787,223
- Tangible fixed assets -€46,721
down €46,721 (-19.3%), from €241,819 to €195,099
of which Furniture and vehicles: -€33,593
- Cash -€17,499
down €17,499 (-21.7%), from €80,683 to €63,184
mainly Trade debts (-€196,365) and Debts after one year (-€124,819)
- Trade debts -€196,365
down €196,365 (-66.7%), from €294,613 to €98,248
- Reserves +€170,000
up €170,000 (+103.0%), from €165,000 to €335,000
of which Distributable reserves: +€180,000
- Debts after one year -€124,819
down €124,819 (-21.9%), from €570,626 to €445,807
- Short-term financial debts +€80,000
new in 2025: €80,000
- Other debts -€34,435
down €34,435 (-14.1%), from €245,086 to €210,652
- Taxes -€128,872
down €128,872 (-2315.0%), from -€5,567 to -€134,439
- Staff costs -€85,193
down €85,193 (-6.9%), from €1.2m to €1.1m
- Gross operating margin -€58,804
down €58,804 (-4.6%), from €1.3m to €1.2m
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 | €1,651,620 | €1,509,499 | -€142,121 | -8.6% |
| Fixed assets | 21/28 | €242,069 | €195,349 | -€46,721 | -19.3% |
| Tangible fixed assets | 22/27 | €241,819 | €195,099 | -€46,721 | -19.3% |
| Plant, machinery and equipment | 23 | €4,928 | €4,179 | -€749 | -15.2% |
| Furniture and vehicles | 24 | €131,452 | €97,859 | -€33,593 | -25.6% |
| Other tangible fixed assets | 26 | €105,440 | €93,061 | -€12,379 | -11.7% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €1,409,550 | €1,314,150 | -€95,401 | -6.8% |
| Stocks and contracts in progress | 3 | €854,025 | €787,223 | -€66,801 | -7.8% |
| Stocks | 30/36 | €854,025 | €787,223 | -€66,801 | -7.8% |
| Amounts receivable within one year | 40/41 | €466,185 | €454,975 | -€11,210 | -2.4% |
| Trade receivables | 40 | €194,037 | €179,802 | -€14,235 | -7.3% |
| Other amounts receivable | 41 | €272,148 | €275,173 | +€3,025 | +1.1% |
| Cash at bank and in hand | 54/58 | €80,683 | €63,184 | -€17,499 | -21.7% |
| Deferred charges and accrued income | 490/1 | €8,657 | €8,767 | +€110 | +1.3% |
| Total equity and liabilities | 10/49 | €1,651,620 | €1,509,499 | -€142,121 | -8.6% |
| Equity | 10/15 | €279,080 | €435,982 | +€156,902 | +56.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €165,000 | €335,000 | +€170,000 | +103.0% |
| Non-distributable reserves | 130/1 | €10,000 | - | -€10,000 | |
| Reserves not available under the articles | 1311 | €10,000 | - | -€10,000 | |
| Distributable reserves | 133 | €155,000 | €335,000 | +€180,000 | +116.1% |
| Profit (loss) carried forward | 14 | €14,080 | €982 | -€13,098 | -93.0% |
| Amounts payable | 17/49 | €1,372,540 | €1,073,517 | -€299,023 | -21.8% |
| Amounts payable after more than one year | 17 | €570,626 | €445,807 | -€124,819 | -21.9% |
| Financial debts | 170/4 | €570,626 | €445,807 | -€124,819 | -21.9% |
| Amounts payable within one year | 42/48 | €801,913 | €627,709 | -€174,204 | -21.7% |
| Current portion of amounts payable after more than one year | 42 | €160,544 | €136,206 | -€24,338 | -15.2% |
| Financial debts | 43 | - | €80,000 | +€80,000 | |
| Credit institutions | 430/8 | - | €80,000 | +€80,000 | |
| Trade debts | 44 | €294,613 | €98,248 | -€196,365 | -66.7% |
| Suppliers | 440/4 | €294,613 | €98,248 | -€196,365 | -66.7% |
| Taxes, remuneration and social security | 45 | €101,670 | €102,604 | +€933 | +0.9% |
| Taxes | 450/3 | €9,057 | €20,908 | +€11,851 | +130.8% |
| Remuneration and social security | 454/9 | €92,613 | €81,696 | -€10,917 | -11.8% |
| Other amounts payable | 47/48 | €245,086 | €210,652 | -€34,435 | -14.1% |
| Remuneration, social security and pensions | 62 | €1,225,986 | €1,140,794 | -€85,193 | -6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,201 | €46,721 | +€12,520 | +36.6% |
| Other operating charges | 640/8 | €8,091 | €2,517 | -€5,574 | -68.9% |
| Gross operating margin | 9900 | €1,278,963 | €1,220,159 | -€58,804 | -4.6% |
| Operating profit (loss) | 9901 | €10,685 | €30,128 | +€19,442 | +182.0% |
| Financial income | 75/76B | €13,751 | €11,164 | -€2,586 | -18.8% |
| Recurring financial income | 75 | €13,751 | €11,164 | -€2,586 | -18.8% |
| Financial charges | 65/66B | €16,026 | €18,829 | +€2,804 | +17.5% |
| Recurring financial charges | 65 | €16,026 | €18,829 | +€2,804 | +17.5% |
| Profit (loss) for the period before taxes | 9903 | €8,411 | €22,463 | +€14,052 | +167.1% |
| Income taxes | 67/77 | -€5,567 | -€134,439 | -€128,872 | -2315.0% |
| Profit (loss) for the period | 9904 | €13,977 | €156,902 | +€142,924 | +1022.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,977 | €156,902 | +€142,924 | +1022.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.