ContextDev: 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.
ContextDev
Largest movements
- Receivables within one year +€22,518
up €22,518 (+93.1%), from €24,175 to €46,693
of which Trade receivables: +€26,504
- Cash -€10,177
down €10,177 (-24.4%), from €41,647 to €31,470
mainly Contributions, distributions and other (-€68,512) and Receivables within one year (-€22,518)
- Tangible fixed assets -€2,800
down €2,800 (-50.4%), from €5,551 to €2,752
- Deferred charges and accrued income -€2,394
no longer reported in 2025 (was €2,394)
- Other debts +€68,512
new in 2025: €68,512
- Reserves -€59,991
down €59,991 (-87.6%), from €68,512 to €8,521
- Trade debts -€897
down €897 (-39.2%), from €2,285 to €1,388
- Gross operating margin -€20,750
down €20,750 (-55.5%), from €37,364 to €16,614
- Taxes -€4,060
down €4,060 (-52.8%), from €7,684 to €3,625
- Financial charges -€436
down €436 (-27.3%), from €1,597 to €1,162
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 | €73,798 | €81,422 | +€7,624 | +10.3% |
| Fixed assets | 21/28 | €5,581 | €3,259 | -€2,323 | -41.6% |
| Tangible fixed assets | 22/27 | €5,551 | €2,752 | -€2,800 | -50.4% |
| Furniture and vehicles | 24 | €5,551 | €2,752 | -€2,800 | -50.4% |
| Financial fixed assets | 28 | €30 | €507 | +€477 | +1590.0% |
| Current assets | 29/58 | €68,216 | €78,163 | +€9,947 | +14.6% |
| Amounts receivable within one year | 40/41 | €24,175 | €46,693 | +€22,518 | +93.1% |
| Trade receivables | 40 | €11,118 | €37,623 | +€26,504 | +238.4% |
| Other amounts receivable | 41 | €13,057 | €9,071 | -€3,986 | -30.5% |
| Cash at bank and in hand | 54/58 | €41,647 | €31,470 | -€10,177 | -24.4% |
| Deferred charges and accrued income | 490/1 | €2,394 | - | -€2,394 | |
| Total equity and liabilities | 10/49 | €73,798 | €81,422 | +€7,624 | +10.3% |
| Equity | 10/15 | €71,512 | €11,521 | -€59,991 | -83.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €68,512 | €8,521 | -€59,991 | -87.6% |
| Distributable reserves | 133 | €68,512 | €8,521 | -€59,991 | -87.6% |
| Amounts payable | 17/49 | €2,285 | €69,901 | +€67,616 | +2959.1% |
| Amounts payable within one year | 42/48 | €2,285 | €69,901 | +€67,616 | +2959.1% |
| Trade debts | 44 | €2,285 | €1,388 | -€897 | -39.2% |
| Suppliers | 440/4 | €2,285 | €1,388 | -€897 | -39.2% |
| Other amounts payable | 47/48 | - | €68,512 | +€68,512 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,690 | €2,800 | +€110 | +4.1% |
| Other operating charges | 640/8 | €293 | €521 | +€228 | +78.0% |
| Gross operating margin | 9900 | €37,364 | €16,614 | -€20,750 | -55.5% |
| Operating profit (loss) | 9901 | €34,382 | €13,293 | -€21,088 | -61.3% |
| Financial income | 75/76B | - | €14 | +€14 | |
| Recurring financial income | 75 | - | €14 | +€14 | |
| Financial charges | 65/66B | €1,597 | €1,162 | -€436 | -27.3% |
| Recurring financial charges | 65 | €1,597 | €1,162 | -€436 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | €32,785 | €12,146 | -€20,639 | -63.0% |
| Income taxes | 67/77 | €7,684 | €3,625 | -€4,060 | -52.8% |
| Profit (loss) for the period | 9904 | €25,101 | €8,521 | -€16,579 | -66.1% |
| Profit (loss) for the period to be appropriated | 9905 | €25,101 | €8,521 | -€16,579 | -66.1% |
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 7 October 2026 via checked.be.