AS DEV STACK: 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.
AS DEV STACK
Largest movements
- Cash +€18,358
up €18,358 (+19.4%), from €94,535 to €112,893
- Tangible fixed assets -€1,492
down €1,492 (-35.0%), from €4,266 to €2,773
of which Furniture and vehicles: -€806
- Provisions +€59,088
new in 2025: €59,088
- Other debts -€28,655
down €28,655 (-16.5%), from €173,523 to €144,868
- Profit (loss) carried forward -€14,394
down €14,394 (-16.8%), from -€85,712 to -€100,106
- Financial charges -€74,405
down €74,405 (-99.4%), from €74,830 to €425
- Provisions +€59,088
new in 2025: €59,088
- Gross operating margin +€8,876
up €8,876 (+93.8%), from €9,459 to €18,335
- Taxes +€330
new in 2025: €330
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €99,940 | €116,807 | +€16,867 | +16.9% |
| Fixed assets | 21/28 | €4,491 | €2,998 | -€1,492 | -33.2% |
| Tangible fixed assets | 22/27 | €4,266 | €2,773 | -€1,492 | -35.0% |
| Plant, machinery and equipment | 23 | €3,305 | €2,618 | -€687 | -20.8% |
| Furniture and vehicles | 24 | €960 | €155 | -€806 | -83.9% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €95,450 | €113,809 | +€18,360 | +19.2% |
| Amounts receivable within one year | 40/41 | €505 | - | -€505 | |
| Other amounts receivable | 41 | €505 | - | -€505 | |
| Cash at bank and in hand | 54/58 | €94,535 | €112,893 | +€18,358 | +19.4% |
| Deferred charges and accrued income | 490/1 | €410 | €916 | +€506 | +124% |
| Total equity and liabilities | 10/49 | €99,940 | €116,807 | +€16,867 | +16.9% |
| Equity | 10/15 | -€79,512 | -€93,906 | -€14,394 | -18.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Profit (loss) carried forward | 14 | -€85,712 | -€100,106 | -€14,394 | -16.8% |
| Provisions and deferred taxes | 16 | - | €59,088 | +€59,088 | |
| Provisions for liabilities and charges | 160/5 | - | €59,088 | +€59,088 | |
| Other liabilities and charges | 164/5 | - | €59,088 | +€59,088 | |
| Amounts payable | 17/49 | €179,452 | €151,625 | -€27,827 | -15.5% |
| Amounts payable within one year | 42/48 | €179,452 | €151,625 | -€27,827 | -15.5% |
| Trade debts | 44 | - | €765 | +€765 | |
| Suppliers | 440/4 | - | €765 | +€765 | |
| Taxes, remuneration and social security | 45 | €5,930 | €5,993 | +€63 | +1.1% |
| Taxes | 450/3 | €5,930 | €5,993 | +€63 | +1.1% |
| Other amounts payable | 47/48 | €173,523 | €144,868 | -€28,655 | -16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,455 | €1,461 | +€7 | +0.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €59,088 | +€59,088 | |
| Other operating charges | 640/8 | €371 | €387 | +€16 | +4.4% |
| Gross operating margin | 9900 | €9,459 | €18,335 | +€8,876 | +93.8% |
| Operating profit (loss) | 9901 | €7,633 | -€42,602 | -€50,235 | |
| Financial income | 75/76B | €70 | €88 | +€17 | +24.6% |
| Recurring financial income | 75 | €70 | €88 | +€17 | +24.6% |
| Financial charges | 65/66B | €74,830 | €425 | -€74,405 | -99.4% |
| Recurring financial charges | 65 | €74,830 | €425 | -€74,405 | -99.4% |
| Profit (loss) for the period before taxes | 9903 | -€67,127 | -€42,940 | +€24,187 | +36.0% |
| Income taxes | 67/77 | - | €330 | +€330 | |
| Profit (loss) for the period | 9904 | -€67,127 | -€43,270 | +€23,857 | +35.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€67,127 | -€43,270 | +€23,857 | +35.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.