DAVINI DAVE: 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.
DAVINI DAVE
Largest movements
- Cash -€13,996
down €13,996 (-88.7%), from €15,772 to €1,776
mainly Debts after one year (-€16,948) and Net result for the year (-€13,957)
- Receivables within one year -€9,208
down €9,208 (-70.4%), from €13,089 to €3,880
of which Other amounts receivable: -€5,754
- Tangible fixed assets -€7,017
down €7,017 (-1.8%), from €392,865 to €385,848
of which Furniture and vehicles: -€6,753
- Debts after one year -€16,948
down €16,948 (-4.6%), from €366,356 to €349,408
- Profit (loss) carried forward -€13,957
down €13,957 (-28.2%), from -€49,473 to -€63,430
- Depreciation -€57,817
down €57,817 (-84.3%), from €68,604 to €10,787
- Gross operating margin -€18,573
down €18,573 (-57.7%), from €32,202 to €13,629
- Financial charges +€2,565
up €2,565 (+25.8%), from €9,958 to €12,523
- Other operating charges +€1,554
up €1,554 (+55.5%), from €2,802 to €4,356
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 | €423,593 | €392,594 | -€30,999 | -7.3% |
| Fixed assets | 21/28 | €392,865 | €385,848 | -€7,017 | -1.8% |
| Tangible fixed assets | 22/27 | €392,865 | €385,848 | -€7,017 | -1.8% |
| Land and buildings | 22 | €370,000 | €371,636 | +€1,636 | +0.4% |
| Plant, machinery and equipment | 23 | €14,330 | €12,431 | -€1,900 | -13.3% |
| Furniture and vehicles | 24 | €8,535 | €1,782 | -€6,753 | -79.1% |
| Current assets | 29/58 | €30,728 | €6,746 | -€23,983 | -78.0% |
| Amounts receivable within one year | 40/41 | €13,089 | €3,880 | -€9,208 | -70.4% |
| Trade receivables | 40 | €7,089 | €3,634 | -€3,454 | -48.7% |
| Other amounts receivable | 41 | €6,000 | €246 | -€5,754 | -95.9% |
| Cash at bank and in hand | 54/58 | €15,772 | €1,776 | -€13,996 | -88.7% |
| Deferred charges and accrued income | 490/1 | €1,868 | €1,090 | -€778 | -41.7% |
| Total equity and liabilities | 10/49 | €423,593 | €392,594 | -€30,999 | -7.3% |
| Equity | 10/15 | €4,783 | -€9,173 | -€13,957 | |
| Contributions | 10/11 | €18,590 | €18,590 | = | 0.0% |
| Reserves | 13 | €35,666 | €35,666 | = | 0.0% |
| Non-distributable reserves | 130/1 | €549 | €549 | = | 0.0% |
| Reserves not available under the articles | 1311 | €549 | €549 | = | 0.0% |
| Tax-exempt reserves | 132 | €577 | €577 | = | 0.0% |
| Distributable reserves | 133 | €34,540 | €34,540 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,473 | -€63,430 | -€13,957 | -28.2% |
| Amounts payable | 17/49 | €418,810 | €401,767 | -€17,043 | -4.1% |
| Amounts payable after more than one year | 17 | €366,356 | €349,408 | -€16,948 | -4.6% |
| Financial debts | 170/4 | €366,356 | €349,408 | -€16,948 | -4.6% |
| Amounts payable within one year | 42/48 | €52,453 | €52,359 | -€95 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €16,312 | €16,948 | +€636 | +3.9% |
| Trade debts | 44 | €9,005 | €7,895 | -€1,110 | -12.3% |
| Suppliers | 440/4 | €9,005 | €7,895 | -€1,110 | -12.3% |
| Advances received on contracts in progress | 46 | €4,000 | €4,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €8,188 | €6,083 | -€2,104 | -25.7% |
| Taxes | 450/3 | €8,188 | €4,583 | -€3,604 | -44.0% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €14,948 | €17,432 | +€2,484 | +16.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €7,662 | €0 | -€7,662 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,604 | €10,787 | -€57,817 | -84.3% |
| Other operating charges | 640/8 | €2,802 | €4,356 | +€1,554 | +55.5% |
| Non-recurring operating charges | 66A | €332 | €0 | -€332 | -100.0% |
| Gross operating margin | 9900 | €32,202 | €13,629 | -€18,573 | -57.7% |
| Operating profit (loss) | 9901 | -€39,536 | -€1,515 | +€38,021 | +96.2% |
| Financial income | 75/76B | €22 | €81 | +€60 | +276.0% |
| Recurring financial income | 75 | €22 | €81 | +€60 | +276.0% |
| Financial charges | 65/66B | €9,958 | €12,523 | +€2,565 | +25.8% |
| Recurring financial charges | 65 | €9,958 | €12,523 | +€2,565 | +25.8% |
| Profit (loss) for the period before taxes | 9903 | -€49,473 | -€13,957 | +€35,516 | +71.8% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€49,473 | -€13,957 | +€35,516 | +71.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€49,473 | -€13,957 | +€35,516 | +71.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.