DaVu CONSULTING: 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.
DaVu CONSULTING
Largest movements
- Cash +€113,470
up €113,470 (+227.0%), from €49,995 to €163,465
mainly Net result for the year (+€111,783) and Depreciation (+€20,068)
- Tangible fixed assets -€18,856
down €18,856 (-20.5%), from €91,908 to €73,052
of which Furniture and vehicles: -€19,940
- Receivables within one year +€3,067
up €3,067 (+11.1%), from €27,702 to €30,769
of which Other amounts receivable: +€2,746
- Reserves +€111,783
up €111,783 (+87.8%), from €127,353 to €239,137
- Other debts -€17,484
no longer reported in 2025 (was €17,484)
- Tax, wage and social debts +€4,449
up €4,449 (+19.5%), from €22,809 to €27,258
of which Taxes: +€4,866
- Gross operating margin +€27,031
up €27,031 (+19.5%), from €138,574 to €165,605
- Depreciation +€9,687
up €9,687 (+93.3%), from €10,381 to €20,068
- Taxes +€4,377
up €4,377 (+15.6%), from €28,024 to €32,401
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 | €170,567 | €268,281 | +€97,714 | +57.3% |
| Fixed assets | 21/28 | €91,908 | €73,052 | -€18,856 | -20.5% |
| Tangible fixed assets | 22/27 | €91,908 | €73,052 | -€18,856 | -20.5% |
| Plant, machinery and equipment | 23 | - | €1,083 | +€1,083 | |
| Furniture and vehicles | 24 | €91,908 | €71,969 | -€19,940 | -21.7% |
| Current assets | 29/58 | €78,659 | €195,229 | +€116,570 | +148.2% |
| Amounts receivable within one year | 40/41 | €27,702 | €30,769 | +€3,067 | +11.1% |
| Trade receivables | 40 | €27,702 | €28,022 | +€321 | +1.2% |
| Other amounts receivable | 41 | - | €2,746 | +€2,746 | |
| Cash at bank and in hand | 54/58 | €49,995 | €163,465 | +€113,470 | +227.0% |
| Deferred charges and accrued income | 490/1 | €962 | €995 | +€33 | +3.5% |
| Total equity and liabilities | 10/49 | €170,567 | €268,281 | +€97,714 | +57.3% |
| Equity | 10/15 | €128,353 | €240,137 | +€111,783 | +87.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €127,353 | €239,137 | +€111,783 | +87.8% |
| Distributable reserves | 133 | €127,353 | €239,137 | +€111,783 | +87.8% |
| Amounts payable | 17/49 | €42,213 | €28,144 | -€14,069 | -33.3% |
| Amounts payable within one year | 42/48 | €42,213 | €28,144 | -€14,069 | -33.3% |
| Trade debts | 44 | €1,920 | €886 | -€1,034 | -53.9% |
| Suppliers | 440/4 | €1,920 | €886 | -€1,034 | -53.9% |
| Taxes, remuneration and social security | 45 | €22,809 | €27,258 | +€4,449 | +19.5% |
| Taxes | 450/3 | €22,393 | €27,258 | +€4,866 | +21.7% |
| Remuneration and social security | 454/9 | €416 | - | -€416 | |
| Other amounts payable | 47/48 | €17,484 | - | -€17,484 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,381 | €20,068 | +€9,687 | +93.3% |
| Other operating charges | 640/8 | €989 | €536 | -€454 | -45.9% |
| Gross operating margin | 9900 | €138,574 | €165,605 | +€27,031 | +19.5% |
| Operating profit (loss) | 9901 | €127,203 | €145,001 | +€17,798 | +14.0% |
| Financial income | 75/76B | - | €60 | +€60 | |
| Recurring financial income | 75 | - | €60 | +€60 | |
| Financial charges | 65/66B | €1,155 | €877 | -€278 | -24.1% |
| Recurring financial charges | 65 | €1,155 | €877 | -€278 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | €126,049 | €144,184 | +€18,136 | +14.4% |
| Income taxes | 67/77 | €28,024 | €32,401 | +€4,377 | +15.6% |
| Profit (loss) for the period | 9904 | €98,025 | €111,783 | +€13,759 | +14.0% |
| Profit (loss) for the period to be appropriated | 9905 | €98,025 | €111,783 | +€13,759 | +14.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.