DaVinci Consult: 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.
DaVinci Consult
Largest movements
- Cash -€245,883
down €245,883 (-42.6%), from €577,783 to €331,900
mainly Contributions, distributions and other (-€377,782) and Investment in fixed assets (net) (-€212,435)
- Receivables within one year -€187,650
down €187,650 (-74.5%), from €251,987 to €64,337
of which Other amounts receivable: -€207,000
- Stocks and contracts +€165,198
new in 2026: €165,198
- Receivables after one year +€109,425
up €109,425 (+71.8%), from €152,440 to €261,865
- Tangible fixed assets +€87,633
up €87,633 (+17.6%), from €498,245 to €585,878
of which Furniture and vehicles: +€47,019
- Debts after one year -€78,429
down €78,429 (-19.8%), from €395,293 to €316,864
- Accrued charges and deferred income +€65,044
new in 2026: €65,044
- Tax, wage and social debts +€35,215
up €35,215 (+123%), from €28,728 to €63,943
- Trade debts -€21,735
down €21,735 (-69.7%), from €31,166 to €9,431
- Financial income +€156,480
up €156,480 (+45.6%), from €343,383 to €499,863
- Gross operating margin -€58,524
down €58,524 (-57.1%), from €102,499 to €43,974
- Depreciation +€24,786
up €24,786 (+35.1%), from €70,621 to €95,407
- Taxes +€7,330
up €7,330 (+23.0%), from €31,923 to €39,253
- Financial charges -€6,764
down €6,764 (-25.7%), from €26,330 to €19,567
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,878,031 | €1,893,570 | +€15,538 | +0.8% |
| Fixed assets | 21/28 | €748,451 | €865,479 | +€117,027 | +15.6% |
| Intangible fixed assets | 21 | - | €83,856 | +€83,856 | |
| Tangible fixed assets | 22/27 | €498,245 | €585,878 | +€87,633 | +17.6% |
| Land and buildings | 22 | €151,957 | €193,404 | +€41,447 | +27.3% |
| Plant, machinery and equipment | 23 | €1,684 | €851 | -€833 | -49.5% |
| Furniture and vehicles | 24 | €335,594 | €382,612 | +€47,019 | +14.0% |
| Other tangible fixed assets | 26 | €9,010 | €9,010 | = | 0.0% |
| Financial fixed assets | 28 | €250,206 | €195,745 | -€54,461 | -21.8% |
| Current assets | 29/58 | €1,129,580 | €1,028,091 | -€101,489 | -9.0% |
| Amounts receivable after more than one year | 29 | €152,440 | €261,865 | +€109,425 | +71.8% |
| Other amounts receivable | 291 | €152,440 | €261,865 | +€109,425 | +71.8% |
| Stocks and contracts in progress | 3 | - | €165,198 | +€165,198 | |
| Stocks | 30/36 | - | €165,198 | +€165,198 | |
| Amounts receivable within one year | 40/41 | €251,987 | €64,337 | -€187,650 | -74.5% |
| Trade receivables | 40 | €12,360 | €31,709 | +€19,349 | +157% |
| Other amounts receivable | 41 | €239,628 | €32,628 | -€207,000 | -86.4% |
| Current investments | 50/53 | €136,080 | €195,364 | +€59,284 | +43.6% |
| Cash at bank and in hand | 54/58 | €577,783 | €331,900 | -€245,883 | -42.6% |
| Deferred charges and accrued income | 490/1 | €11,290 | €9,428 | -€1,862 | -16.5% |
| Total equity and liabilities | 10/49 | €1,878,031 | €1,893,570 | +€15,538 | +0.8% |
| Equity | 10/15 | €1,083,938 | €1,093,858 | +€9,921 | +0.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,065,338 | €1,075,258 | +€9,921 | +0.9% |
| Distributable reserves | 133 | €1,065,338 | €1,075,258 | +€9,921 | +0.9% |
| Amounts payable | 17/49 | €794,094 | €799,711 | +€5,618 | +0.7% |
| Amounts payable after more than one year | 17 | €395,293 | €316,864 | -€78,429 | -19.8% |
| Financial debts | 170/4 | €395,293 | €316,864 | -€78,429 | -19.8% |
| Amounts payable within one year | 42/48 | €398,800 | €417,803 | +€19,003 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | €81,725 | €78,429 | -€3,295 | -4.0% |
| Trade debts | 44 | €31,166 | €9,431 | -€21,735 | -69.7% |
| Suppliers | 440/4 | €31,166 | €9,431 | -€21,735 | -69.7% |
| Taxes, remuneration and social security | 45 | €28,728 | €63,943 | +€35,215 | +123% |
| Taxes | 450/3 | €28,728 | €63,943 | +€35,215 | +123% |
| Other amounts payable | 47/48 | €257,181 | €266,000 | +€8,819 | +3.4% |
| Accrued charges and deferred income | 492/3 | - | €65,044 | +€65,044 | |
| Non-recurring operating income | 76A | €119,351 | - | -€119,351 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,621 | €95,407 | +€24,786 | +35.1% |
| Other operating charges | 640/8 | €1,779 | €1,907 | +€128 | +7.2% |
| Gross operating margin | 9900 | €102,499 | €43,974 | -€58,524 | -57.1% |
| Operating profit (loss) | 9901 | €30,098 | -€53,340 | -€83,439 | |
| Financial income | 75/76B | €343,383 | €499,863 | +€156,480 | +45.6% |
| Recurring financial income | 75 | €343,383 | €499,863 | +€156,480 | +45.6% |
| Financial charges | 65/66B | €26,330 | €19,567 | -€6,764 | -25.7% |
| Recurring financial charges | 65 | €26,330 | €19,567 | -€6,764 | -25.7% |
| Profit (loss) for the period before taxes | 9903 | €347,150 | €426,956 | +€79,805 | +23.0% |
| Income taxes | 67/77 | €31,923 | €39,253 | +€7,330 | +23.0% |
| Profit (loss) for the period | 9904 | €315,227 | €387,703 | +€72,475 | +23.0% |
| Profit (loss) for the period to be appropriated | 9905 | €315,227 | €387,703 | +€72,475 | +23.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.