DAVITECH: what changed
Two fiscal 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.
DAVITECH
Largest movements
- Cash +€36,031
up €36,031 (+97.9%), from €36,815 to €72,846
mainly Receivables within one year (+€20,022) and Stocks and contracts (+€10,000)
- Receivables within one year -€20,022
down €20,022 (-65.4%), from €30,627 to €10,605
of which Other amounts receivable: -€16,610
- Stocks and contracts -€10,000
down €10,000 (-26.8%), from €37,341 to €27,341
- Tangible fixed assets -€6,389
down €6,389 (-44.6%), from €14,332 to €7,943
of which Furniture and vehicles: -€5,261
- Trade debts +€4,499
up €4,499 (+293.3%), from €1,534 to €6,033
- Current portion of long-term debt -€3,156
down €3,156 (-74.2%), from €4,253 to €1,097
- Accrued charges and deferred income -€1,251
down €1,251 (-61.5%), from €2,034 to €782
- Gross operating margin +€9,326
up €9,326, from -€1,336 to €7,990
- Financial charges -€1,122
down €1,122 (-68.3%), from €1,644 to €522
- Depreciation +€586
up €586 (+10.1%), from €5,802 to €6,389
- Other operating charges +€83
up €83 (+9.5%), from €874 to €957
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 | €122,325 | €121,351 | -€974 | -0.8% |
| Fixed assets | 21/28 | €14,332 | €7,943 | -€6,389 | -44.6% |
| Tangible fixed assets | 22/27 | €14,332 | €7,943 | -€6,389 | -44.6% |
| Plant, machinery and equipment | 23 | €2,713 | €1,585 | -€1,128 | -41.6% |
| Furniture and vehicles | 24 | €11,618 | €6,358 | -€5,261 | -45.3% |
| Current assets | 29/58 | €107,993 | €113,407 | +€5,414 | +5.0% |
| Stocks and contracts in progress | 3 | €37,341 | €27,341 | -€10,000 | -26.8% |
| Stocks | 30/36 | €37,341 | €27,341 | -€10,000 | -26.8% |
| Amounts receivable within one year | 40/41 | €30,627 | €10,605 | -€20,022 | -65.4% |
| Trade receivables | 40 | €11,300 | €7,888 | -€3,412 | -30.2% |
| Other amounts receivable | 41 | €19,327 | €2,717 | -€16,610 | -85.9% |
| Cash at bank and in hand | 54/58 | €36,815 | €72,846 | +€36,031 | +97.9% |
| Deferred charges and accrued income | 490/1 | €3,210 | €2,615 | -€595 | -18.5% |
| Total equity and liabilities | 10/49 | €122,325 | €121,351 | -€974 | -0.8% |
| Equity | 10/15 | €113,214 | €113,428 | +€214 | +0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €94,614 | €94,828 | +€214 | +0.2% |
| Distributable reserves | 133 | €94,614 | €94,828 | +€214 | +0.2% |
| Amounts payable | 17/49 | €9,111 | €7,922 | -€1,189 | -13.0% |
| Amounts payable after more than one year | 17 | €1,103 | - | -€1,103 | |
| Financial debts | 170/4 | €1,103 | - | -€1,103 | |
| Amounts payable within one year | 42/48 | €5,974 | €7,140 | +€1,166 | +19.5% |
| Current portion of amounts payable after more than one year | 42 | €4,253 | €1,097 | -€3,156 | -74.2% |
| Trade debts | 44 | €1,534 | €6,033 | +€4,499 | +293.3% |
| Suppliers | 440/4 | €1,534 | €6,033 | +€4,499 | +293.3% |
| Taxes, remuneration and social security | 45 | - | €10 | +€10 | |
| Taxes | 450/3 | - | €10 | +€10 | |
| Other amounts payable | 47/48 | €187 | - | -€187 | |
| Accrued charges and deferred income | 492/3 | €2,034 | €782 | -€1,251 | -61.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,802 | €6,389 | +€586 | +10.1% |
| Other operating charges | 640/8 | €874 | €957 | +€83 | +9.5% |
| Gross operating margin | 9900 | -€1,336 | €7,990 | +€9,326 | |
| Operating profit (loss) | 9901 | -€8,012 | €644 | +€8,657 | |
| Financial income | 75/76B | €331 | €302 | -€29 | -8.7% |
| Recurring financial income | 75 | €331 | €302 | -€29 | -8.7% |
| Financial charges | 65/66B | €1,644 | €522 | -€1,122 | -68.3% |
| Recurring financial charges | 65 | €1,644 | €522 | -€1,122 | -68.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,326 | €424 | +€9,750 | |
| Income taxes | 67/77 | €160 | €210 | +€50 | +31.3% |
| Profit (loss) for the period | 9904 | -€9,486 | €214 | +€9,700 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,486 | €214 | +€9,700 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.