Digavo-Van de Wal: 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.
Digavo-Van de Wal
Largest movements
- Tangible fixed assets -€7,135
down €7,135 (-16.2%), from €44,010 to €36,875
- Cash +€936
up €936 (+1,573%), from €60 to €996
mainly Other debts (+€13,233) and Depreciation (+€7,135)
- Profit (loss) carried forward -€16,414
down €16,414 (-20.8%), from -€78,838 to -€95,252
- Other debts +€13,233
up €13,233 (+42.1%), from €31,403 to €44,636
- Debts after one year -€4,807
down €4,807 (-10.7%), from €44,944 to €40,138
- Tax, wage and social debts +€2,015
up €2,015 (+2,228%), from €90 to €2,105
- Gross operating margin -€5,059
down €5,059, from €1,205 to -€3,854
- Other operating charges +€1,756
up €1,756 (+157%), from €1,117 to €2,873
- Depreciation +€1,082
up €1,082 (+17.9%), from €6,053 to €7,135
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 | €45,533 | €39,340 | -€6,193 | -13.6% |
| Fixed assets | 21/28 | €44,010 | €36,875 | -€7,135 | -16.2% |
| Tangible fixed assets | 22/27 | €44,010 | €36,875 | -€7,135 | -16.2% |
| Leasing and similar rights | 25 | €44,010 | €36,875 | -€7,135 | -16.2% |
| Current assets | 29/58 | €1,523 | €2,465 | +€942 | +61.8% |
| Amounts receivable within one year | 40/41 | €678 | €676 | -€1 | -0.2% |
| Trade receivables | 40 | €678 | €676 | -€1 | -0.2% |
| Cash at bank and in hand | 54/58 | €60 | €996 | +€936 | +1,573% |
| Deferred charges and accrued income | 490/1 | €786 | €793 | +€7 | +0.9% |
| Total equity and liabilities | 10/49 | €45,533 | €39,340 | -€6,193 | -13.6% |
| Equity | 10/15 | -€37,155 | -€53,569 | -€16,414 | -44.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €23,083 | €23,083 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €21,223 | €21,223 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€78,838 | -€95,252 | -€16,414 | -20.8% |
| Amounts payable | 17/49 | €82,688 | €92,910 | +€10,221 | +12.4% |
| Amounts payable after more than one year | 17 | €44,944 | €40,138 | -€4,807 | -10.7% |
| Financial debts | 170/4 | €44,944 | €40,138 | -€4,807 | -10.7% |
| Amounts payable within one year | 42/48 | €37,744 | €52,772 | +€15,028 | +39.8% |
| Current portion of amounts payable after more than one year | 42 | €4,588 | €4,807 | +€219 | +4.8% |
| Trade debts | 44 | €1,662 | €1,223 | -€439 | -26.4% |
| Suppliers | 440/4 | €1,662 | €1,223 | -€439 | -26.4% |
| Taxes, remuneration and social security | 45 | €90 | €2,105 | +€2,015 | +2,228% |
| Taxes | 450/3 | €90 | €2,105 | +€2,015 | +2,228% |
| Other amounts payable | 47/48 | €31,403 | €44,636 | +€13,233 | +42.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,053 | €7,135 | +€1,082 | +17.9% |
| Other operating charges | 640/8 | €1,117 | €2,873 | +€1,756 | +157% |
| Gross operating margin | 9900 | €1,205 | -€3,854 | -€5,059 | |
| Operating profit (loss) | 9901 | -€5,965 | -€13,862 | -€7,897 | -132% |
| Financial charges | 65/66B | €2,465 | €2,492 | +€27 | +1.1% |
| Recurring financial charges | 65 | €2,465 | €2,492 | +€27 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | -€8,430 | -€16,354 | -€7,924 | -94.0% |
| Income taxes | 67/77 | €59 | €60 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€8,489 | -€16,414 | -€7,925 | -93.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,489 | -€16,414 | -€7,925 | -93.4% |
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 26 October 2026 via checked.be.