DAVLEX: 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.
DAVLEX
Largest movements
- Tangible fixed assets +€24,034
up €24,034 (+548.2%), from €4,384 to €28,418
of which Plant, machinery and equipment: +€24,095
- Cash +€14,956
up €14,956 (+90.3%), from €16,558 to €31,514
mainly Net result for the year (+€18,422) and Tax, wage and social debts (+€9,801)
- Reserves +€18,422
new in 2025: €18,422
- Tax, wage and social debts +€9,801
up €9,801 (+642.0%), from €1,527 to €11,328
of which Taxes: +€8,858
- Trade debts +€6,476
up €6,476 (+54.8%), from €11,820 to €18,296
- Other debts +€4,121
up €4,121 (+109.5%), from €3,763 to €7,884
- Gross operating margin +€32,412
up €32,412 (+790.7%), from €4,099 to €36,511
- Taxes +€5,792
up €5,792 (+1265.9%), from €458 to €6,250
- Staff costs +€3,966
new in 2025: €3,966
- Depreciation +€2,880
up €2,880 (+237.3%), from €1,213 to €4,093
- Financial charges +€1,641
up €1,641 (+503.3%), from €326 to €1,967
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 | €22,059 | €60,880 | +€38,821 | +176.0% |
| Fixed assets | 21/28 | €4,440 | €28,474 | +€24,034 | +541.3% |
| Tangible fixed assets | 22/27 | €4,384 | €28,418 | +€24,034 | +548.2% |
| Plant, machinery and equipment | 23 | €1,918 | €26,013 | +€24,095 | +1256.1% |
| Furniture and vehicles | 24 | €2,466 | €2,405 | -€61 | -2.5% |
| Financial fixed assets | 28 | €56 | €56 | +€0 | +0.8% |
| Current assets | 29/58 | €17,620 | €32,406 | +€14,786 | +83.9% |
| Amounts receivable within one year | 40/41 | €169 | - | -€169 | |
| Trade receivables | 40 | €169 | - | -€169 | |
| Cash at bank and in hand | 54/58 | €16,558 | €31,514 | +€14,956 | +90.3% |
| Deferred charges and accrued income | 490/1 | €892 | €892 | -€0 | 0.0% |
| Total equity and liabilities | 10/49 | €22,059 | €60,880 | +€38,821 | +176.0% |
| Equity | 10/15 | €4,950 | €23,372 | +€18,422 | +372.1% |
| Contributions | 10/11 | €3,120 | €3,120 | = | 0.0% |
| Reserves | 13 | - | €18,422 | +€18,422 | |
| Distributable reserves | 133 | - | €18,422 | +€18,422 | |
| Profit (loss) carried forward | 14 | €1,830 | €1,830 | -€0 | 0.0% |
| Amounts payable | 17/49 | €17,109 | €37,508 | +€20,399 | +119.2% |
| Amounts payable within one year | 42/48 | €17,109 | €37,508 | +€20,399 | +119.2% |
| Trade debts | 44 | €11,820 | €18,296 | +€6,476 | +54.8% |
| Suppliers | 440/4 | €11,820 | €18,296 | +€6,476 | +54.8% |
| Taxes, remuneration and social security | 45 | €1,527 | €11,328 | +€9,801 | +642.0% |
| Taxes | 450/3 | €1,527 | €10,385 | +€8,858 | +580.3% |
| Remuneration and social security | 454/9 | - | €943 | +€943 | |
| Other amounts payable | 47/48 | €3,763 | €7,884 | +€4,121 | +109.5% |
| Remuneration, social security and pensions | 62 | - | €3,966 | +€3,966 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,213 | €4,093 | +€2,880 | +237.3% |
| Other operating charges | 640/8 | €272 | €1,863 | +€1,591 | +585.1% |
| Non-recurring operating charges | 66A | - | -€50 | -€50 | |
| Gross operating margin | 9900 | €4,099 | €36,511 | +€32,412 | +790.7% |
| Operating profit (loss) | 9901 | €2,614 | €26,639 | +€24,025 | +919.2% |
| Financial charges | 65/66B | €326 | €1,967 | +€1,641 | +503.3% |
| Recurring financial charges | 65 | €326 | €1,967 | +€1,641 | +503.3% |
| Profit (loss) for the period before taxes | 9903 | €2,288 | €24,672 | +€22,384 | +978.4% |
| Income taxes | 67/77 | €458 | €6,250 | +€5,792 | +1265.9% |
| Profit (loss) for the period | 9904 | €1,830 | €18,422 | +€16,592 | +906.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,830 | €18,422 | +€16,592 | +906.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.