DaVolt: 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.
DaVolt
Largest movements
- Cash +€64,581
up €64,581 (+100.3%), from €64,362 to €128,942
mainly Net result for the year (+€62,170) and Tax, wage and social debts (+€14,239)
- Receivables within one year +€12,344
up €12,344 (+95.4%), from €12,936 to €25,280
of which Other amounts receivable: +€10,142
- Tangible fixed assets -€2,165
down €2,165 (-70.0%), from €3,094 to €929
of which Furniture and vehicles: -€1,638
- Reserves +€61,337
up €61,337 (+103.4%), from €59,301 to €120,638
- Tax, wage and social debts +€14,239
up €14,239 (+68.6%), from €20,742 to €34,982
- Gross operating margin +€18,395
up €18,395 (+29.6%), from €62,231 to €80,626
- Taxes +€3,912
up €3,912 (+32.5%), from €12,028 to €15,941
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 | €80,844 | €156,303 | +€75,459 | +93.3% |
| Fixed assets | 21/28 | €3,094 | €929 | -€2,165 | -70.0% |
| Tangible fixed assets | 22/27 | €3,094 | €929 | -€2,165 | -70.0% |
| Plant, machinery and equipment | 23 | €1,050 | €524 | -€527 | -50.1% |
| Furniture and vehicles | 24 | €2,044 | €405 | -€1,638 | -80.2% |
| Current assets | 29/58 | €77,749 | €155,374 | +€77,624 | +99.8% |
| Amounts receivable within one year | 40/41 | €12,936 | €25,280 | +€12,344 | +95.4% |
| Trade receivables | 40 | €11,473 | €13,675 | +€2,202 | +19.2% |
| Other amounts receivable | 41 | €1,463 | €11,605 | +€10,142 | +693.3% |
| Cash at bank and in hand | 54/58 | €64,362 | €128,942 | +€64,581 | +100.3% |
| Deferred charges and accrued income | 490/1 | €452 | €1,151 | +€700 | +155.0% |
| Total equity and liabilities | 10/49 | €80,844 | €156,303 | +€75,459 | +93.3% |
| Equity | 10/15 | €59,401 | €120,738 | +€61,337 | +103.3% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €59,301 | €120,638 | +€61,337 | +103.4% |
| Distributable reserves | 133 | €59,301 | €120,638 | +€61,337 | +103.4% |
| Amounts payable | 17/49 | €21,442 | €35,565 | +€14,122 | +65.9% |
| Amounts payable within one year | 42/48 | €21,442 | €35,565 | +€14,122 | +65.9% |
| Trade debts | 44 | €117 | - | -€117 | |
| Suppliers | 440/4 | €117 | - | -€117 | |
| Taxes, remuneration and social security | 45 | €20,742 | €34,982 | +€14,239 | +68.6% |
| Taxes | 450/3 | €20,742 | €34,982 | +€14,239 | +68.6% |
| Other amounts payable | 47/48 | €583 | €583 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,172 | €2,165 | -€7 | -0.3% |
| Other operating charges | 640/8 | €1,219 | €665 | -€555 | -45.5% |
| Gross operating margin | 9900 | €62,231 | €80,626 | +€18,395 | +29.6% |
| Operating profit (loss) | 9901 | €58,840 | €77,797 | +€18,957 | +32.2% |
| Financial income | 75/76B | €0 | €354 | +€354 | +78584.4% |
| Recurring financial income | 75 | €0 | €354 | +€354 | +78584.4% |
| Financial charges | 65/66B | €526 | €40 | -€486 | -92.3% |
| Recurring financial charges | 65 | €526 | €40 | -€486 | -92.3% |
| Profit (loss) for the period before taxes | 9903 | €58,314 | €78,110 | +€19,796 | +33.9% |
| Income taxes | 67/77 | €12,028 | €15,941 | +€3,912 | +32.5% |
| Profit (loss) for the period | 9904 | €46,286 | €62,170 | +€15,884 | +34.3% |
| Profit (loss) for the period to be appropriated | 9905 | €46,286 | €62,170 | +€15,884 | +34.3% |
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 10 October 2026 via checked.be.