L. Da Vinci: 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.
L. Da Vinci
Largest movements
- Cash -€3,125
down €3,125 (-19.8%), from €15,781 to €12,656
mainly Net result for the year (-€3,452)
- Profit (loss) carried forward -€3,452
down €3,452 (-20.1%), from -€17,219 to -€20,671
- Other operating charges -€11,875
down €11,875 (-99.0%), from €11,995 to €120
- Gross operating margin +€5,056
up €5,056, from -€4,787 to €269
- Financial charges +€3,164
up €3,164 (+724%), from €437 to €3,601
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 | €109,781 | €106,656 | -€3,125 | -2.8% |
| Current assets | 29/58 | €109,781 | €106,656 | -€3,125 | -2.8% |
| Stocks and contracts in progress | 3 | €93,000 | €93,000 | = | 0.0% |
| Stocks | 30/36 | €93,000 | €93,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €15,781 | €12,656 | -€3,125 | -19.8% |
| Deferred charges and accrued income | 490/1 | €1,000 | €1,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €109,781 | €106,656 | -€3,125 | -2.8% |
| Equity | 10/15 | -€15,219 | -€18,671 | -€3,452 | -22.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,219 | -€20,671 | -€3,452 | -20.1% |
| Amounts payable | 17/49 | €125,000 | €125,327 | +€327 | +0.3% |
| Amounts payable after more than one year | 17 | €125,000 | €125,000 | = | 0.0% |
| Financial debts | 170/4 | €125,000 | €125,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | - | €327 | +€327 | |
| Trade debts | 44 | - | €327 | +€327 | |
| Suppliers | 440/4 | - | €327 | +€327 | |
| Other operating charges | 640/8 | €11,995 | €120 | -€11,875 | -99.0% |
| Gross operating margin | 9900 | -€4,787 | €269 | +€5,056 | |
| Operating profit (loss) | 9901 | -€16,781 | €149 | +€16,930 | |
| Financial charges | 65/66B | €437 | €3,601 | +€3,164 | +724% |
| Recurring financial charges | 65 | €437 | €3,601 | +€3,164 | +724% |
| Profit (loss) for the period before taxes | 9903 | -€17,219 | -€3,452 | +€13,766 | +79.9% |
| Profit (loss) for the period | 9904 | -€17,219 | -€3,452 | +€13,766 | +79.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,219 | -€3,452 | +€13,766 | +79.9% |
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 28 October 2026 via checked.be.