DAVYVO: 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.
DAVYVO
Largest movements
- Receivables within one year -€12,853
down €12,853 (-32.0%), from €40,199 to €27,345
of which Other amounts receivable: -€14,385
- Tangible fixed assets -€6,387
down €6,387 (-22.2%), from €28,732 to €22,346
of which Furniture and vehicles: -€6,387
- Cash +€4,685
up €4,685 (+4074.3%), from €115 to €4,800
mainly Receivables within one year (+€12,853) and Depreciation (+€6,387)
- Other debts -€9,000
no longer reported in 2025 (was €9,000)
- Debts after one year -€5,269
down €5,269 (-28.0%), from €18,832 to €13,563
- Tax, wage and social debts -€2,891
down €2,891 (-43.7%), from €6,616 to €3,724
of which Remuneration and social security: -€3,017
- Profit (loss) carried forward +€2,088
up €2,088 (+76.3%), from €2,738 to €4,826
- Gross operating margin +€10,039
up €10,039 (+39.5%), from €25,407 to €35,446
- Staff costs +€3,647
up €3,647 (+18.9%), from €19,346 to €22,993
- Depreciation +€3,185
up €3,185 (+99.5%), from €3,202 to €6,387
- Financial charges +€996
up €996 (+60.1%), from €1,657 to €2,653
- Other operating charges +€389
up €389 (+1066.4%), from €36 to €425
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 | €69,166 | €54,634 | -€14,532 | -21.0% |
| Fixed assets | 21/28 | €28,732 | €22,346 | -€6,387 | -22.2% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €28,732 | €22,346 | -€6,387 | -22.2% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €28,732 | €22,346 | -€6,387 | -22.2% |
| Current assets | 29/58 | €40,433 | €32,288 | -€8,145 | -20.1% |
| Stocks and contracts in progress | 3 | €119 | €143 | +€23 | +19.4% |
| Stocks | 30/36 | €119 | €143 | +€23 | +19.4% |
| Amounts receivable within one year | 40/41 | €40,199 | €27,345 | -€12,853 | -32.0% |
| Trade receivables | 40 | €680 | €2,211 | +€1,532 | +225.4% |
| Other amounts receivable | 41 | €39,519 | €25,134 | -€14,385 | -36.4% |
| Cash at bank and in hand | 54/58 | €115 | €4,800 | +€4,685 | +4074.3% |
| Total equity and liabilities | 10/49 | €69,166 | €54,634 | -€14,532 | -21.0% |
| Equity | 10/15 | €23,198 | €25,286 | +€2,088 | +9.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,738 | €4,826 | +€2,088 | +76.3% |
| Amounts payable | 17/49 | €45,968 | €29,347 | -€16,620 | -36.2% |
| Amounts payable after more than one year | 17 | €18,832 | €13,563 | -€5,269 | -28.0% |
| Financial debts | 170/4 | €18,832 | €13,563 | -€5,269 | -28.0% |
| Amounts payable within one year | 42/48 | €27,136 | €15,784 | -€11,351 | -41.8% |
| Current portion of amounts payable after more than one year | 42 | €4,277 | €4,872 | +€595 | +13.9% |
| Financial debts | 43 | €4,224 | €4,081 | -€142 | -3.4% |
| Credit institutions | 430/8 | €4,224 | €4,081 | -€142 | -3.4% |
| Trade debts | 44 | €3,019 | €3,107 | +€87 | +2.9% |
| Suppliers | 440/4 | €3,019 | €3,107 | +€87 | +2.9% |
| Taxes, remuneration and social security | 45 | €6,616 | €3,724 | -€2,891 | -43.7% |
| Taxes | 450/3 | €2,045 | €2,170 | +€125 | +6.1% |
| Remuneration and social security | 454/9 | €4,571 | €1,554 | -€3,017 | -66.0% |
| Other amounts payable | 47/48 | €9,000 | - | -€9,000 | |
| Remuneration, social security and pensions | 62 | €19,346 | €22,993 | +€3,647 | +18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,202 | €6,387 | +€3,185 | +99.5% |
| Other operating charges | 640/8 | €36 | €425 | +€389 | +1066.4% |
| Gross operating margin | 9900 | €25,407 | €35,446 | +€10,039 | +39.5% |
| Operating profit (loss) | 9901 | €2,822 | €5,640 | +€2,818 | +99.9% |
| Financial charges | 65/66B | €1,657 | €2,653 | +€996 | +60.1% |
| Recurring financial charges | 65 | €1,657 | €2,653 | +€996 | +60.1% |
| Profit (loss) for the period before taxes | 9903 | €1,165 | €2,987 | +€1,822 | +156.4% |
| Income taxes | 67/77 | €675 | €899 | +€224 | +33.1% |
| Profit (loss) for the period | 9904 | €490 | €2,088 | +€1,598 | +326.3% |
| Profit (loss) for the period to be appropriated | 9905 | €490 | €2,088 | +€1,598 | +326.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.