Davina's: 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.
Davina's
Largest movements
- Tangible fixed assets +€113,628
new in 2024: €113,628
- Cash -€20,998
down €20,998 (-49.7%), from €42,215 to €21,217
mainly Investment in fixed assets (net) (-€124,510) and Receivables within one year (-€16,112)
- Receivables within one year +€16,112
up €16,112 (+748%), from €2,154 to €18,266
of which Trade receivables: +€18,150
- Debts after one year +€103,114
new in 2024: €103,114
- Trade debts -€8,690
down €8,690 (-89.7%), from €9,692 to €1,003
- Tax, wage and social debts +€8,593
up €8,593 (+11,705%), from €73 to €8,666
of which Taxes: +€4,446
- Current portion of long-term debt +€6,886
new in 2024: €6,886
- Profit (loss) carried forward -€4,737
down €4,737 (-11.3%), from -€42,046 to -€46,782
- Gross operating margin -€28,967
down €28,967 (-59.6%), from €48,576 to €19,609
- Staff costs -€27,576
down €27,576 (-69.1%), from €39,913 to €12,337
- Depreciation +€10,883
new in 2024: €10,883
- Other operating charges -€5,083
down €5,083 (-98.9%), from €5,142 to €58
- Financial charges -€3,595
down €3,595 (-76.8%), from €4,679 to €1,083
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 | €44,369 | €153,110 | +€108,741 | +245% |
| Fixed assets | 21/28 | - | €113,628 | +€113,628 | |
| Tangible fixed assets | 22/27 | - | €113,628 | +€113,628 | |
| Land and buildings | 22 | - | €113,628 | +€113,628 | |
| Current assets | 29/58 | €44,369 | €39,482 | -€4,886 | -11.0% |
| Amounts receivable within one year | 40/41 | €2,154 | €18,266 | +€16,112 | +748% |
| Trade receivables | 40 | - | €18,150 | +€18,150 | |
| Other amounts receivable | 41 | €2,154 | €116 | -€2,038 | -94.6% |
| Cash at bank and in hand | 54/58 | €42,215 | €21,217 | -€20,998 | -49.7% |
| Total equity and liabilities | 10/49 | €44,369 | €153,110 | +€108,741 | +245% |
| Equity | 10/15 | -€32,046 | -€36,782 | -€4,737 | -14.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,046 | -€46,782 | -€4,737 | -11.3% |
| Amounts payable | 17/49 | €76,414 | €189,892 | +€113,478 | +149% |
| Amounts payable after more than one year | 17 | - | €103,114 | +€103,114 | |
| Financial debts | 170/4 | - | €103,114 | +€103,114 | |
| Amounts payable within one year | 42/48 | €76,414 | €86,779 | +€10,364 | +13.6% |
| Current portion of amounts payable after more than one year | 42 | - | €6,886 | +€6,886 | |
| Trade debts | 44 | €9,692 | €1,003 | -€8,690 | -89.7% |
| Suppliers | 440/4 | €9,692 | €1,003 | -€8,690 | -89.7% |
| Taxes, remuneration and social security | 45 | €73 | €8,666 | +€8,593 | +11,705% |
| Taxes | 450/3 | - | €4,446 | +€4,446 | |
| Remuneration and social security | 454/9 | €73 | €4,220 | +€4,147 | +5,648% |
| Other amounts payable | 47/48 | €66,649 | €70,224 | +€3,575 | +5.4% |
| Non-recurring operating income | 76A | €48,901 | - | -€48,901 | |
| Remuneration, social security and pensions | 62 | €39,913 | €12,337 | -€27,576 | -69.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €10,883 | +€10,883 | |
| Other operating charges | 640/8 | €5,142 | €58 | -€5,083 | -98.9% |
| Gross operating margin | 9900 | €48,576 | €19,609 | -€28,967 | -59.6% |
| Operating profit (loss) | 9901 | €3,521 | -€3,669 | -€7,190 | |
| Financial income | 75/76B | €491 | €15 | -€476 | -97.0% |
| Recurring financial income | 75 | €491 | €15 | -€476 | -97.0% |
| Financial charges | 65/66B | €4,679 | €1,083 | -€3,595 | -76.8% |
| Recurring financial charges | 65 | €4,679 | €1,083 | -€3,595 | -76.8% |
| Profit (loss) for the period before taxes | 9903 | -€666 | -€4,737 | -€4,071 | -611% |
| Profit (loss) for the period | 9904 | -€666 | -€4,737 | -€4,071 | -611% |
| Profit (loss) for the period to be appropriated | 9905 | -€666 | -€4,737 | -€4,071 | -611% |
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.