DAVIELEC: 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.
DAVIELEC
Largest movements
- Stocks and contracts +€15,500
new in 2024: €15,500
- Receivables within one year +€4,747
up €4,747 (+6.2%), from €76,315 to €81,063
of which Trade receivables: +€19,485
- Tangible fixed assets +€4,176
up €4,176 (+232%), from €1,798 to €5,974
of which Leasing and similar rights: +€4,000
- Profit (loss) carried forward +€37,566
up €37,566 (+178%), from €21,089 to €58,655
- Trade debts -€25,400
down €25,400 (-83.8%), from €30,321 to €4,921
- Tax, wage and social debts +€15,559
up €15,559 (+355%), from €4,379 to €19,938
- Accrued charges and deferred income -€7,011
down €7,011 (-90.8%), from €7,722 to €711
- Other debts +€3,709
up €3,709, from €0 to €3,709
- Gross operating margin +€40,212
up €40,212 (+284%), from €14,153 to €54,366
- Taxes +€11,044
up €11,044 (+351%), from €3,146 to €14,190
- Other operating charges +€720
up €720 (+102%), from €709 to €1,429
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 | €78,114 | €102,537 | +€24,423 | +31.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,798 | €5,974 | +€4,176 | +232% |
| Tangible fixed assets | 22/27 | €1,798 | €5,974 | +€4,176 | +232% |
| Plant, machinery and equipment | 23 | - | €879 | +€879 | |
| Furniture and vehicles | 24 | €1,798 | €1,095 | -€704 | -39.1% |
| Leasing and similar rights | 25 | - | €4,000 | +€4,000 | |
| Current assets | 29/58 | €76,315 | €96,563 | +€20,247 | +26.5% |
| Stocks and contracts in progress | 3 | - | €15,500 | +€15,500 | |
| Contracts in progress | 37 | - | €15,500 | +€15,500 | |
| Amounts receivable within one year | 40/41 | €76,315 | €81,063 | +€4,747 | +6.2% |
| Trade receivables | 40 | €51,689 | €71,174 | +€19,485 | +37.7% |
| Other amounts receivable | 41 | €24,626 | €9,889 | -€14,737 | -59.8% |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €78,114 | €102,537 | +€24,423 | +31.3% |
| Equity | 10/15 | €27,289 | €64,855 | +€37,566 | +138% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,089 | €58,655 | +€37,566 | +178% |
| Amounts payable | 17/49 | €50,824 | €37,681 | -€13,143 | -25.9% |
| Amounts payable within one year | 42/48 | €43,102 | €36,970 | -€6,132 | -14.2% |
| Financial debts | 43 | €44 | €44 | = | 0.0% |
| Credit institutions | 430/8 | €44 | €44 | = | 0.0% |
| Trade debts | 44 | €30,321 | €4,921 | -€25,400 | -83.8% |
| Suppliers | 440/4 | €30,321 | €4,921 | -€25,400 | -83.8% |
| Advances received on contracts in progress | 46 | €8,358 | €8,358 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €4,379 | €19,938 | +€15,559 | +355% |
| Taxes | 450/3 | €4,379 | €19,938 | +€15,559 | +355% |
| Other amounts payable | 47/48 | €0 | €3,709 | +€3,709 | |
| Accrued charges and deferred income | 492/3 | €7,722 | €711 | -€7,011 | -90.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,367 | €844 | -€522 | -38.2% |
| Other operating charges | 640/8 | €709 | €1,429 | +€720 | +102% |
| Gross operating margin | 9900 | €14,153 | €54,366 | +€40,212 | +284% |
| Operating profit (loss) | 9901 | €12,078 | €52,093 | +€40,015 | +331% |
| Financial charges | 65/66B | €335 | €89 | -€246 | -73.4% |
| Recurring financial charges | 65 | €335 | €89 | -€246 | -73.4% |
| Profit (loss) for the period before taxes | 9903 | €11,743 | €52,004 | +€40,261 | +343% |
| Income taxes | 67/77 | €3,146 | €14,190 | +€11,044 | +351% |
| Profit (loss) for the period | 9904 | €8,597 | €37,814 | +€29,217 | +340% |
| Profit (loss) for the period to be appropriated | 9905 | €8,597 | €37,814 | +€29,217 | +340% |
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 21 October 2026 via checked.be.