DAVOY: 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.
DAVOY
Largest movements
- Cash -€37,584
down €37,584 (-85.5%), from €43,983 to €6,398
mainly Net result for the year (-€39,782) and Tax, wage and social debts (-€9,714)
- Receivables within one year -€15,442
down €15,442 (-64.4%), from €23,991 to €8,549
of which Trade receivables: -€14,904
- Deferred charges and accrued income +€815
up €815 (+75.4%), from €1,080 to €1,895
- Profit (loss) carried forward -€39,782
down €39,782 (-85.6%), from €46,487 to €6,705
- Tax, wage and social debts -€9,714
down €9,714 (-65.3%), from €14,869 to €5,155
- Trade debts -€2,545
down €2,545 (-57.9%), from €4,393 to €1,848
- Gross operating margin -€20,726
down €20,726 (-164%), from -€12,660 to -€33,387
- Financial charges +€4,312
up €4,312 (+357%), from €1,207 to €5,519
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 | €69,053 | €16,842 | -€52,211 | -75.6% |
| Current assets | 29/58 | €69,053 | €16,842 | -€52,211 | -75.6% |
| Amounts receivable within one year | 40/41 | €23,991 | €8,549 | -€15,442 | -64.4% |
| Trade receivables | 40 | €17,767 | €2,863 | -€14,904 | -83.9% |
| Other amounts receivable | 41 | €6,224 | €5,686 | -€538 | -8.6% |
| Cash at bank and in hand | 54/58 | €43,983 | €6,398 | -€37,584 | -85.5% |
| Deferred charges and accrued income | 490/1 | €1,080 | €1,895 | +€815 | +75.4% |
| Total equity and liabilities | 10/49 | €69,053 | €16,842 | -€52,211 | -75.6% |
| Equity | 10/15 | €49,487 | €9,705 | -€39,782 | -80.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,487 | €6,705 | -€39,782 | -85.6% |
| Amounts payable | 17/49 | €19,566 | €7,137 | -€12,429 | -63.5% |
| Amounts payable within one year | 42/48 | €19,566 | €7,137 | -€12,429 | -63.5% |
| Trade debts | 44 | €4,393 | €1,848 | -€2,545 | -57.9% |
| Suppliers | 440/4 | €4,393 | €1,848 | -€2,545 | -57.9% |
| Taxes, remuneration and social security | 45 | €14,869 | €5,155 | -€9,714 | -65.3% |
| Taxes | 450/3 | €14,869 | €5,155 | -€9,714 | -65.3% |
| Other amounts payable | 47/48 | €305 | €134 | -€171 | -56.1% |
| Other operating charges | 640/8 | €787 | €714 | -€73 | -9.3% |
| Gross operating margin | 9900 | -€12,660 | -€33,387 | -€20,726 | -164% |
| Operating profit (loss) | 9901 | -€13,447 | -€34,100 | -€20,653 | -154% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,207 | €5,519 | +€4,312 | +357% |
| Recurring financial charges | 65 | €1,207 | €5,519 | +€4,312 | +357% |
| Profit (loss) for the period before taxes | 9903 | -€14,654 | -€39,619 | -€24,965 | -170% |
| Income taxes | 67/77 | - | €163 | +€163 | |
| Profit (loss) for the period | 9904 | -€14,654 | -€39,782 | -€25,128 | -171% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,654 | -€39,782 | -€25,128 | -171% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.