DAVY BLOCKX: 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.
DAVY BLOCKX
Largest movements
- Cash -€106,675
down €106,675 (-38.0%), from €280,960 to €174,285
mainly Contributions, distributions and other (-€115,746) and Investment in fixed assets (net) (-€47,000)
- Tangible fixed assets +€35,449
up €35,449 (+200%), from €17,695 to €53,144
of which Furniture and vehicles: +€35,599
- Receivables within one year +€13,776
up €13,776 (+705%), from €1,953 to €15,729
of which Other amounts receivable: +€10,665
- Current investments -€11,174
down €11,174 (-5.1%), from €219,703 to €208,529
- Reserves -€75,007
down €75,007 (-15.3%), from €489,520 to €414,513
- Other debts +€8,770
up €8,770 (+49.2%), from €17,823 to €26,593
- Gross operating margin -€26,036
down €26,036 (-28.7%), from €90,605 to €64,569
- Taxes -€10,835
down €10,835 (-41.4%), from €26,179 to €15,344
- Financial income -€4,262
down €4,262 (-46.0%), from €9,274 to €5,012
- Depreciation +€3,372
up €3,372 (+41.2%), from €8,179 to €11,551
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 | €528,500 | €460,280 | -€68,220 | -12.9% |
| Fixed assets | 21/28 | €17,695 | €53,144 | +€35,449 | +200% |
| Tangible fixed assets | 22/27 | €17,695 | €53,144 | +€35,449 | +200% |
| Furniture and vehicles | 24 | €17,245 | €52,844 | +€35,599 | +206% |
| Other tangible fixed assets | 26 | €450 | €300 | -€150 | -33.3% |
| Current assets | 29/58 | €510,804 | €407,135 | -€103,669 | -20.3% |
| Stocks and contracts in progress | 3 | €5,306 | €4,713 | -€592 | -11.2% |
| Stocks | 30/36 | €5,306 | €4,713 | -€592 | -11.2% |
| Amounts receivable within one year | 40/41 | €1,953 | €15,729 | +€13,776 | +705% |
| Trade receivables | 40 | - | €3,111 | +€3,111 | |
| Other amounts receivable | 41 | €1,953 | €12,618 | +€10,665 | +546% |
| Current investments | 50/53 | €219,703 | €208,529 | -€11,174 | -5.1% |
| Cash at bank and in hand | 54/58 | €280,960 | €174,285 | -€106,675 | -38.0% |
| Deferred charges and accrued income | 490/1 | €2,882 | €3,879 | +€997 | +34.6% |
| Total equity and liabilities | 10/49 | €528,500 | €460,280 | -€68,220 | -12.9% |
| Equity | 10/15 | €501,920 | €426,913 | -€75,007 | -14.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €489,520 | €414,513 | -€75,007 | -15.3% |
| Distributable reserves | 133 | €489,520 | €414,513 | -€75,007 | -15.3% |
| Amounts payable | 17/49 | €26,580 | €33,367 | +€6,787 | +25.5% |
| Amounts payable within one year | 42/48 | €26,580 | €33,367 | +€6,787 | +25.5% |
| Trade debts | 44 | €3,112 | €4,874 | +€1,762 | +56.6% |
| Suppliers | 440/4 | €3,112 | €4,874 | +€1,762 | +56.6% |
| Taxes, remuneration and social security | 45 | €5,645 | €1,900 | -€3,745 | -66.3% |
| Taxes | 450/3 | €5,645 | - | -€5,645 | |
| Remuneration and social security | 454/9 | - | €1,900 | +€1,900 | |
| Other amounts payable | 47/48 | €17,823 | €26,593 | +€8,770 | +49.2% |
| Non-recurring operating income | 76A | - | €9,142 | +€9,142 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,179 | €11,551 | +€3,372 | +41.2% |
| Other operating charges | 640/8 | €2,298 | €1,773 | -€525 | -22.9% |
| Gross operating margin | 9900 | €90,605 | €64,569 | -€26,036 | -28.7% |
| Operating profit (loss) | 9901 | €80,128 | €51,246 | -€28,883 | -36.0% |
| Financial income | 75/76B | €9,274 | €5,012 | -€4,262 | -46.0% |
| Recurring financial income | 75 | €9,274 | €5,012 | -€4,262 | -46.0% |
| Financial charges | 65/66B | €158 | €175 | +€17 | +10.6% |
| Recurring financial charges | 65 | €158 | €175 | +€17 | +10.6% |
| Profit (loss) for the period before taxes | 9903 | €89,244 | €56,083 | -€33,161 | -37.2% |
| Income taxes | 67/77 | €26,179 | €15,344 | -€10,835 | -41.4% |
| Profit (loss) for the period | 9904 | €63,065 | €40,739 | -€22,326 | -35.4% |
| Profit (loss) for the period to be appropriated | 9905 | €63,065 | €40,739 | -€22,326 | -35.4% |
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 22 October 2026 via checked.be.