DAVO GARAGE: 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 GARAGE
Largest movements
- Receivables within one year +€54,892
up €54,892 (+131%), from €42,024 to €96,916
of which Other amounts receivable: +€46,062
- Tangible fixed assets -€12,280
down €12,280 (-18.6%), from €65,960 to €53,680
- Cash -€7,128
down €7,128 (-78.7%), from €9,055 to €1,927
mainly Receivables within one year (-€54,892) and Other debts (-€42,640)
- Debts after one year +€78,361
up €78,361 (+93.8%), from €83,538 to €161,898
- Other debts -€42,640
down €42,640 (-100%), from €42,640 to €0
- Tax, wage and social debts -€28,066
down €28,066 (-41.2%), from €68,162 to €40,096
of which Taxes: -€32,688
- Trade debts +€15,812
up €15,812 (+9.6%), from €165,566 to €181,377
- Profit (loss) carried forward +€14,239
up €14,239 (+161%), from €8,839 to €23,078
- Gross operating margin -€57,650
down €57,650 (-43.2%), from €133,555 to €75,906
- Staff costs -€36,838
down €36,838 (-53.0%), from €69,470 to €32,632
- Financial charges -€5,834
down €5,834 (-48.6%), from €12,000 to €6,166
- Taxes -€3,850
down €3,850 (-46.3%), from €8,322 to €4,471
- Other operating charges -€1,777
down €1,777 (-29.3%), from €6,065 to €4,288
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.
Derived cash bridge
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 | €410,036 | €448,549 | +€38,513 | +9.4% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €83,689 | €71,409 | -€12,280 | -14.7% |
| Tangible fixed assets | 22/27 | €65,960 | €53,680 | -€12,280 | -18.6% |
| Plant, machinery and equipment | 23 | €33,628 | €30,111 | -€3,517 | -10.5% |
| Furniture and vehicles | 24 | €10,847 | €5,684 | -€5,162 | -47.6% |
| Other tangible fixed assets | 26 | €21,485 | €17,885 | -€3,600 | -16.8% |
| Financial fixed assets | 28 | €17,729 | €17,729 | = | 0.0% |
| Current assets | 29/58 | €326,347 | €377,140 | +€50,793 | +15.6% |
| Stocks and contracts in progress | 3 | €274,432 | €278,298 | +€3,865 | +1.4% |
| Stocks | 30/36 | €274,432 | €278,298 | +€3,865 | +1.4% |
| Amounts receivable within one year | 40/41 | €42,024 | €96,916 | +€54,892 | +131% |
| Trade receivables | 40 | €370 | €9,200 | +€8,830 | +2,389% |
| Other amounts receivable | 41 | €41,654 | €87,716 | +€46,062 | +111% |
| Cash at bank and in hand | 54/58 | €9,055 | €1,927 | -€7,128 | -78.7% |
| Deferred charges and accrued income | 490/1 | €836 | - | -€836 | |
| Total equity and liabilities | 10/49 | €410,036 | €448,549 | +€38,513 | +9.4% |
| Equity | 10/15 | €29,299 | €43,538 | +€14,239 | +48.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,839 | €23,078 | +€14,239 | +161% |
| Amounts payable | 17/49 | €380,737 | €405,011 | +€24,275 | +6.4% |
| Amounts payable after more than one year | 17 | €83,538 | €161,898 | +€78,361 | +93.8% |
| Financial debts | 170/4 | €83,538 | €161,898 | +€78,361 | +93.8% |
| Amounts payable within one year | 42/48 | €297,199 | €243,113 | -€54,086 | -18.2% |
| Current portion of amounts payable after more than one year | 42 | €20,831 | €21,639 | +€808 | +3.9% |
| Trade debts | 44 | €165,566 | €181,377 | +€15,812 | +9.6% |
| Suppliers | 440/4 | €165,566 | €181,377 | +€15,812 | +9.6% |
| Taxes, remuneration and social security | 45 | €68,162 | €40,096 | -€28,066 | -41.2% |
| Taxes | 450/3 | €65,683 | €32,995 | -€32,688 | -49.8% |
| Remuneration and social security | 454/9 | €2,479 | €7,101 | +€4,622 | +186% |
| Other amounts payable | 47/48 | €42,640 | €0 | -€42,640 | -100% |
| Non-recurring operating income | 76A | €7,999 | €207 | -€7,792 | -97.4% |
| Remuneration, social security and pensions | 62 | €69,470 | €32,632 | -€36,838 | -53.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,635 | €14,110 | +€474 | +3.5% |
| Other operating charges | 640/8 | €6,065 | €4,288 | -€1,777 | -29.3% |
| Gross operating margin | 9900 | €133,555 | €75,906 | -€57,650 | -43.2% |
| Operating profit (loss) | 9901 | €44,385 | €24,876 | -€19,509 | -44.0% |
| Financial income | 75/76B | €795 | - | -€795 | |
| Recurring financial income | 75 | €795 | - | -€795 | |
| Financial charges | 65/66B | €12,000 | €6,166 | -€5,834 | -48.6% |
| Recurring financial charges | 65 | €12,000 | €6,166 | -€5,834 | -48.6% |
| Profit (loss) for the period before taxes | 9903 | €33,180 | €18,710 | -€14,470 | -43.6% |
| Income taxes | 67/77 | €8,322 | €4,471 | -€3,850 | -46.3% |
| Profit (loss) for the period | 9904 | €24,859 | €14,239 | -€10,620 | -42.7% |
| Profit (loss) for the period to be appropriated | 9905 | €24,859 | €14,239 | -€10,620 | -42.7% |
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 27 October 2026 via checked.be.