DEV: 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.
DEV
Largest movements
- Receivables within one year +€6,765
up €6,765 (+137%), from €4,920 to €11,685
of which Trade receivables: +€7,066
- Stocks and contracts +€2,016
up €2,016 (+16.5%), from €12,225 to €14,241
- Cash +€1,816
up €1,816 (+105%), from €1,735 to €3,550
mainly Advances received (+€5,779) and Net result for the year (+€2,148)
- Tangible fixed assets +€1,204
up €1,204 (+84.6%), from €1,424 to €2,628
of which Furniture and vehicles: +€1,590
- Advances received +€5,779
new in 2025: €5,779
- Profit (loss) carried forward +€2,148
up €2,148 (+2.6%), from -€82,215 to -€80,067
- Other debts +€2,018
up €2,018 (+2.2%), from €91,978 to €93,996
- Trade debts +€987
up €987 (+128%), from €769 to €1,756
- Tax, wage and social debts +€843
up €843 (+29.8%), from €2,834 to €3,677
of which Taxes: +€1,443
- Gross operating margin +€16,577
up €16,577, from -€12,772 to €3,805
- Other operating charges -€226
down €226 (-29.3%), from €771 to €545
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 | €21,426 | €33,201 | +€11,775 | +55.0% |
| Fixed assets | 21/28 | €1,424 | €2,628 | +€1,204 | +84.6% |
| Tangible fixed assets | 22/27 | €1,424 | €2,628 | +€1,204 | +84.6% |
| Plant, machinery and equipment | 23 | €597 | €211 | -€386 | -64.6% |
| Furniture and vehicles | 24 | €827 | €2,417 | +€1,590 | +192% |
| Current assets | 29/58 | €20,002 | €30,573 | +€10,571 | +52.9% |
| Stocks and contracts in progress | 3 | €12,225 | €14,241 | +€2,016 | +16.5% |
| Stocks | 30/36 | €12,225 | €14,241 | +€2,016 | +16.5% |
| Amounts receivable within one year | 40/41 | €4,920 | €11,685 | +€6,765 | +137% |
| Trade receivables | 40 | €4,570 | €11,635 | +€7,066 | +155% |
| Other amounts receivable | 41 | €350 | €50 | -€301 | -85.8% |
| Cash at bank and in hand | 54/58 | €1,735 | €3,550 | +€1,816 | +105% |
| Deferred charges and accrued income | 490/1 | €1,122 | €1,097 | -€25 | -2.2% |
| Total equity and liabilities | 10/49 | €21,426 | €33,201 | +€11,775 | +55.0% |
| Equity | 10/15 | -€74,155 | -€72,007 | +€2,148 | +2.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€82,215 | -€80,067 | +€2,148 | +2.6% |
| Amounts payable | 17/49 | €95,581 | €105,208 | +€9,627 | +10.1% |
| Amounts payable within one year | 42/48 | €95,581 | €105,208 | +€9,627 | +10.1% |
| Trade debts | 44 | €769 | €1,756 | +€987 | +128% |
| Suppliers | 440/4 | €769 | €1,756 | +€987 | +128% |
| Advances received on contracts in progress | 46 | - | €5,779 | +€5,779 | |
| Taxes, remuneration and social security | 45 | €2,834 | €3,677 | +€843 | +29.8% |
| Taxes | 450/3 | €134 | €1,577 | +€1,443 | +1,075% |
| Remuneration and social security | 454/9 | €2,700 | €2,100 | -€600 | -22.2% |
| Other amounts payable | 47/48 | €91,978 | €93,996 | +€2,018 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €925 | €943 | +€18 | +1.9% |
| Other operating charges | 640/8 | €771 | €545 | -€226 | -29.3% |
| Gross operating margin | 9900 | -€12,772 | €3,805 | +€16,577 | |
| Operating profit (loss) | 9901 | -€14,468 | €2,317 | +€16,785 | |
| Financial income | 75/76B | €119 | €94 | -€25 | -20.9% |
| Recurring financial income | 75 | €119 | €94 | -€25 | -20.9% |
| Financial charges | 65/66B | €182 | €121 | -€61 | -33.6% |
| Recurring financial charges | 65 | €182 | €121 | -€61 | -33.6% |
| Profit (loss) for the period before taxes | 9903 | -€14,532 | €2,290 | +€16,822 | |
| Income taxes | 67/77 | €134 | €141 | +€7 | +5.4% |
| Profit (loss) for the period | 9904 | -€14,667 | €2,148 | +€16,815 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,667 | €2,148 | +€16,815 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.