D3velters: 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.
D3velters
Largest movements
- Tangible fixed assets -€7,312
down €7,312 (-33.4%), from €21,866 to €14,554
of which Furniture and vehicles: -€6,213
- Receivables within one year -€5,121
down €5,121 (-91.7%), from €5,586 to €465
of which Trade receivables: -€5,133
- Cash -€2,382
down €2,382 (-77.9%), from €3,058 to €676
mainly Trade debts (-€10,077) and Net result for the year (-€7,358)
- Trade debts -€10,077
down €10,077 (-94.3%), from €10,684 to €607
- Profit (loss) carried forward -€7,358
down €7,358, from €1,823 to -€5,535
- Other debts +€2,448
up €2,448 (+14.2%), from €17,198 to €19,646
- Gross operating margin -€5,197
down €5,197 (-78.7%), from €6,605 to €1,408
- Depreciation +€4,953
up €4,953 (+150%), from €3,309 to €8,262
- Taxes -€589
no longer reported in 2025 (was €589)
- Financial charges -€433
down €433 (-81.7%), from €530 to €97
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 | €30,510 | €15,695 | -€14,815 | -48.6% |
| Fixed assets | 21/28 | €21,866 | €14,554 | -€7,312 | -33.4% |
| Tangible fixed assets | 22/27 | €21,866 | €14,554 | -€7,312 | -33.4% |
| Plant, machinery and equipment | 23 | €6,021 | €4,922 | -€1,099 | -18.3% |
| Furniture and vehicles | 24 | €15,845 | €9,632 | -€6,213 | -39.2% |
| Current assets | 29/58 | €8,644 | €1,141 | -€7,503 | -86.8% |
| Amounts receivable within one year | 40/41 | €5,586 | €465 | -€5,121 | -91.7% |
| Trade receivables | 40 | €5,556 | €423 | -€5,133 | -92.4% |
| Other amounts receivable | 41 | €30 | €42 | +€12 | +40.0% |
| Cash at bank and in hand | 54/58 | €3,058 | €676 | -€2,382 | -77.9% |
| Total equity and liabilities | 10/49 | €30,510 | €15,695 | -€14,815 | -48.6% |
| Equity | 10/15 | €1,923 | -€5,435 | -€7,358 | |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,823 | -€5,535 | -€7,358 | |
| Amounts payable | 17/49 | €28,587 | €21,130 | -€7,457 | -26.1% |
| Amounts payable within one year | 42/48 | €28,587 | €21,130 | -€7,457 | -26.1% |
| Trade debts | 44 | €10,684 | €607 | -€10,077 | -94.3% |
| Suppliers | 440/4 | €10,684 | €607 | -€10,077 | -94.3% |
| Taxes, remuneration and social security | 45 | €705 | €877 | +€172 | +24.4% |
| Taxes | 450/3 | €705 | €877 | +€172 | +24.4% |
| Other amounts payable | 47/48 | €17,198 | €19,646 | +€2,448 | +14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,309 | €8,262 | +€4,953 | +150% |
| Other operating charges | 640/8 | €426 | €413 | -€13 | -3.1% |
| Gross operating margin | 9900 | €6,605 | €1,408 | -€5,197 | -78.7% |
| Operating profit (loss) | 9901 | €2,870 | -€7,267 | -€10,137 | |
| Financial income | 75/76B | €72 | €6 | -€66 | -91.7% |
| Recurring financial income | 75 | €72 | €6 | -€66 | -91.7% |
| Financial charges | 65/66B | €530 | €97 | -€433 | -81.7% |
| Recurring financial charges | 65 | €530 | €97 | -€433 | -81.7% |
| Profit (loss) for the period before taxes | 9903 | €2,412 | -€7,358 | -€9,770 | |
| Income taxes | 67/77 | €589 | - | -€589 | |
| Profit (loss) for the period | 9904 | €1,823 | -€7,358 | -€9,181 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,823 | -€7,358 | -€9,181 |
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 13 October 2026 via checked.be.