DAVO & CO: 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.
DAVO & CO
Largest movements
- Receivables within one year +€20,285
up €20,285 (+7.1%), from €285,360 to €305,645
of which Trade receivables: +€24,940
- Tangible fixed assets -€14,038
down €14,038 (-55.3%), from €25,404 to €11,366
of which Furniture and vehicles: -€13,633
- Profit (loss) carried forward +€108,377
up €108,377 (+117%), from €92,606 to €200,983
- Trade debts -€79,339
down €79,339 (-78.6%), from €100,911 to €21,572
of which Suppliers: -€95,349
- Short-term financial debts -€22,782
no longer reported in 2024 (was €22,782)
- Turnover +€805,025
new in 2024: €805,025
- Purchases and services +€620,345
new in 2024: €620,345
- Gross operating margin +€30,291
up €30,291 (+19.6%), from €154,389 to €184,680
- Staff costs +€17,086
new in 2024: €17,086
- Other operating charges -€11,863
down €11,863 (-48.3%), from €24,541 to €12,678
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 | €317,085 | €320,771 | +€3,687 | +1.2% |
| Fixed assets | 21/28 | €26,704 | €12,666 | -€14,038 | -52.6% |
| Tangible fixed assets | 22/27 | €25,404 | €11,366 | -€14,038 | -55.3% |
| Plant, machinery and equipment | 23 | €1,418 | €1,013 | -€405 | -28.5% |
| Furniture and vehicles | 24 | €23,986 | €10,353 | -€13,633 | -56.8% |
| Financial fixed assets | 28 | €1,300 | €1,300 | = | 0.0% |
| Current assets | 29/58 | €290,381 | €308,105 | +€17,724 | +6.1% |
| Amounts receivable within one year | 40/41 | €285,360 | €305,645 | +€20,285 | +7.1% |
| Trade receivables | 40 | €35,239 | €60,179 | +€24,940 | +70.8% |
| Other amounts receivable | 41 | €250,121 | €245,467 | -€4,654 | -1.9% |
| Cash at bank and in hand | 54/58 | €4,676 | €2,105 | -€2,571 | -55.0% |
| Deferred charges and accrued income | 490/1 | €344 | €354 | +€10 | +2.9% |
| Total equity and liabilities | 10/49 | €317,085 | €320,771 | +€3,687 | +1.2% |
| Equity | 10/15 | €97,606 | €205,983 | +€108,377 | +111% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,606 | €200,983 | +€108,377 | +117% |
| Amounts payable | 17/49 | €219,478 | €114,788 | -€104,690 | -47.7% |
| Amounts payable within one year | 42/48 | €219,478 | €114,788 | -€104,690 | -47.7% |
| Financial debts | 43 | €22,782 | - | -€22,782 | |
| Credit institutions | 430/8 | €22,782 | - | -€22,782 | |
| Trade debts | 44 | €100,911 | €21,572 | -€79,339 | -78.6% |
| Suppliers | 440/4 | €100,911 | €5,562 | -€95,349 | -94.5% |
| Bills of exchange payable | 441 | - | €16,010 | +€16,010 | |
| Taxes, remuneration and social security | 45 | €95,786 | €93,217 | -€2,569 | -2.7% |
| Taxes | 450/3 | €95,786 | €93,217 | -€2,569 | -2.7% |
| Turnover | 70 | - | €805,025 | +€805,025 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €620,345 | +€620,345 | |
| Remuneration, social security and pensions | 62 | - | €17,086 | +€17,086 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,264 | €11,480 | -€6,784 | -37.1% |
| Other operating charges | 640/8 | €24,541 | €12,678 | -€11,863 | -48.3% |
| Gross operating margin | 9900 | €154,389 | €184,680 | +€30,291 | +19.6% |
| Operating profit (loss) | 9901 | €111,584 | €143,436 | +€31,852 | +28.5% |
| Financial income | 75/76B | €12 | €12 | +€0 | +0.3% |
| Recurring financial income | 75 | €12 | €12 | +€0 | +0.3% |
| Financial charges | 65/66B | €6,709 | €4,400 | -€2,309 | -34.4% |
| Recurring financial charges | 65 | €6,709 | €4,400 | -€2,309 | -34.4% |
| Profit (loss) for the period before taxes | 9903 | €104,887 | €139,048 | +€34,161 | +32.6% |
| Income taxes | 67/77 | €23,826 | €30,671 | +€6,846 | +28.7% |
| Profit (loss) for the period | 9904 | €81,061 | €108,377 | +€27,316 | +33.7% |
| Profit (loss) for the period to be appropriated | 9905 | €81,061 | €108,377 | +€27,316 | +33.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.