Daviel: 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.
Daviel
Largest movements
- Tangible fixed assets -€333,135
down €333,135 (-36.1%), from €923,736 to €590,601
of which Land and buildings: -€331,121
- Cash +€13,992
up €13,992 (+162%), from €8,660 to €22,652
mainly Net result for the year (+€534,116) and Investment in fixed assets (net) (+€327,192)
- Profit (loss) carried forward +€534,116
up €534,116 (+69.2%), from -€771,911 to -€237,795
- Other debts -€449,969
down €449,969 (-100%), from €449,969 to €0
- Contributions -€400,000
down €400,000 (-32.2%), from €1.2m to €843,073
- Gross operating margin +€526,771
up €526,771 (+3,238%), from €16,267 to €543,038
- Depreciation -€28,287
down €28,287 (-82.6%), from €34,231 to €5,944
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €932,667 | €619,119 | -€313,549 | -33.6% |
| Fixed assets | 21/28 | €923,736 | €590,601 | -€333,135 | -36.1% |
| Tangible fixed assets | 22/27 | €923,736 | €590,601 | -€333,135 | -36.1% |
| Land and buildings | 22 | €907,955 | €576,835 | -€331,121 | -36.5% |
| Plant, machinery and equipment | 23 | €15,781 | €13,766 | -€2,015 | -12.8% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €8,931 | €28,518 | +€19,587 | +219% |
| Amounts receivable within one year | 40/41 | - | €5,866 | +€5,866 | |
| Other amounts receivable | 41 | - | €5,866 | +€5,866 | |
| Cash at bank and in hand | 54/58 | €8,660 | €22,652 | +€13,992 | +162% |
| Deferred charges and accrued income | 490/1 | €271 | €0 | -€271 | -100% |
| Total equity and liabilities | 10/49 | €932,667 | €619,119 | -€313,549 | -33.6% |
| Equity | 10/15 | €471,808 | €605,924 | +€134,116 | +28.4% |
| Contributions | 10/11 | €1,243,073 | €843,073 | -€400,000 | -32.2% |
| Capital | 10 | €1,243,073 | €843,073 | -€400,000 | -32.2% |
| Issued capital | 100 | €1,243,073 | €843,073 | -€400,000 | -32.2% |
| Reserves | 13 | €645 | €645 | = | 0.0% |
| Non-distributable reserves | 130/1 | €645 | €645 | = | 0.0% |
| Legal reserve | 130 | €645 | €645 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€771,911 | -€237,795 | +€534,116 | +69.2% |
| Amounts payable | 17/49 | €460,859 | €13,195 | -€447,665 | -97.1% |
| Amounts payable after more than one year | 17 | €10,000 | €10,000 | = | 0.0% |
| Financial debts | 170/4 | €10,000 | €10,000 | = | 0.0% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €450,859 | €3,195 | -€447,665 | -99.3% |
| Trade debts | 44 | €890 | €3,195 | +€2,304 | +259% |
| Suppliers | 440/4 | €890 | €3,195 | +€2,304 | +259% |
| Other amounts payable | 47/48 | €449,969 | €0 | -€449,969 | -100% |
| Non-recurring operating income | 76A | - | €622,808 | +€622,808 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,231 | €5,944 | -€28,287 | -82.6% |
| Other operating charges | 640/8 | €4,310 | €2,639 | -€1,671 | -38.8% |
| Gross operating margin | 9900 | €16,267 | €543,038 | +€526,771 | +3,238% |
| Operating profit (loss) | 9901 | -€22,274 | €534,455 | +€556,729 | |
| Financial income | 75/76B | €0 | €1 | +€0 | +100% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +100% |
| Financial charges | 65/66B | €370 | €340 | -€31 | -8.3% |
| Recurring financial charges | 65 | €370 | €340 | -€31 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | -€22,644 | €534,116 | +€556,760 | |
| Profit (loss) for the period | 9904 | -€22,644 | €534,116 | +€556,760 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,644 | €534,116 | +€556,760 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.