DEV-CAR: 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.
DEV-CAR
Largest movements
- Tangible fixed assets +€100,645
up €100,645 (+188.3%), from €53,456 to €154,100
of which Furniture and vehicles: +€100,081
- Cash +€59,929
up €59,929 (+72.4%), from €82,777 to €142,707
mainly Debts after one year (+€63,682) and Receivables within one year (+€46,790)
- Receivables within one year -€46,790
down €46,790 (-80.3%), from €58,305 to €11,515
of which Other amounts receivable: -€40,961
- Deferred charges and accrued income +€4,212
new in 2025: €4,212
- Debts after one year +€63,682
up €63,682 (+247692.1%), from €26 to €63,707
- Profit (loss) carried forward +€44,979
up €44,979 (+34.4%), from €130,819 to €175,798
- Tax, wage and social debts -€35,278
down €35,278 (-62.3%), from €56,606 to €21,329
of which Remuneration and social security: -€31,420
- Current portion of long-term debt +€17,630
up €17,630 (+557.1%), from €3,165 to €20,795
- Other debts +€12,166
new in 2025: €12,166
- Purchases and services -€75,563
down €75,563 (-20.0%), from €378,479 to €302,917
- Gross operating margin +€44,305
up €44,305 (+30.9%), from €143,249 to €187,555
- Turnover -€31,258
down €31,258 (-6.0%), from €521,730 to €490,471
- Depreciation +€30,528
up €30,528 (+211.5%), from €14,434 to €44,961
- Other operating charges +€29,917
up €29,917 (+343.3%), from €8,714 to €38,631
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €228,941 | €343,884 | +€114,943 | +50.2% |
| Fixed assets | 21/28 | €58,456 | €159,100 | +€100,645 | +172.2% |
| Tangible fixed assets | 22/27 | €53,456 | €154,100 | +€100,645 | +188.3% |
| Plant, machinery and equipment | 23 | €5,702 | €4,318 | -€1,384 | -24.3% |
| Furniture and vehicles | 24 | €23,171 | €123,252 | +€100,081 | +431.9% |
| Other tangible fixed assets | 26 | €24,583 | €26,531 | +€1,948 | +7.9% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €170,486 | €184,784 | +€14,298 | +8.4% |
| Stocks and contracts in progress | 3 | €29,404 | €26,351 | -€3,053 | -10.4% |
| Stocks | 30/36 | €29,404 | €26,351 | -€3,053 | -10.4% |
| Amounts receivable within one year | 40/41 | €58,305 | €11,515 | -€46,790 | -80.3% |
| Trade receivables | 40 | €16,450 | €10,621 | -€5,829 | -35.4% |
| Other amounts receivable | 41 | €41,855 | €894 | -€40,961 | -97.9% |
| Cash at bank and in hand | 54/58 | €82,777 | €142,707 | +€59,929 | +72.4% |
| Deferred charges and accrued income | 490/1 | - | €4,212 | +€4,212 | |
| Total equity and liabilities | 10/49 | €228,941 | €343,884 | +€114,943 | +50.2% |
| Equity | 10/15 | €151,279 | €196,258 | +€44,979 | +29.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 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 | €130,819 | €175,798 | +€44,979 | +34.4% |
| Amounts payable | 17/49 | €77,662 | €147,626 | +€69,964 | +90.1% |
| Amounts payable after more than one year | 17 | €26 | €63,707 | +€63,682 | +247692.1% |
| Financial debts | 170/4 | €26 | €63,707 | +€63,682 | +247692.1% |
| Amounts payable within one year | 42/48 | €77,636 | €83,919 | +€6,282 | +8.1% |
| Current portion of amounts payable after more than one year | 42 | €3,165 | €20,795 | +€17,630 | +557.1% |
| Trade debts | 44 | €17,865 | €29,630 | +€11,765 | +65.9% |
| Suppliers | 440/4 | €17,865 | €29,630 | +€11,765 | +65.9% |
| Taxes, remuneration and social security | 45 | €56,606 | €21,329 | -€35,278 | -62.3% |
| Taxes | 450/3 | €16,914 | €13,056 | -€3,858 | -22.8% |
| Remuneration and social security | 454/9 | €39,693 | €8,273 | -€31,420 | -79.2% |
| Other amounts payable | 47/48 | - | €12,166 | +€12,166 | |
| Turnover | 70 | €521,730 | €490,471 | -€31,258 | -6.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €378,479 | €302,917 | -€75,563 | -20.0% |
| Remuneration, social security and pensions | 62 | €35,468 | €43,099 | +€7,631 | +21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,434 | €44,961 | +€30,528 | +211.5% |
| Other operating charges | 640/8 | €8,714 | €38,631 | +€29,917 | +343.3% |
| Non-recurring operating charges | 66A | €53 | €108 | +€55 | +104.6% |
| Gross operating margin | 9900 | €143,249 | €187,555 | +€44,305 | +30.9% |
| Operating profit (loss) | 9901 | €84,580 | €60,754 | -€23,826 | -28.2% |
| Financial income | 75/76B | €4,110 | €1,872 | -€2,238 | -54.5% |
| Recurring financial income | 75 | €1 | €268 | +€267 | +30685.1% |
| Non-recurring financial income | 76B | €4,109 | €1,604 | -€2,505 | -61.0% |
| Financial charges | 65/66B | €2,161 | €3,477 | +€1,317 | +60.9% |
| Recurring financial charges | 65 | €2,161 | €3,477 | +€1,317 | +60.9% |
| Profit (loss) for the period before taxes | 9903 | €86,530 | €59,149 | -€27,380 | -31.6% |
| Income taxes | 67/77 | - | €14,170 | +€14,170 | |
| Profit (loss) for the period | 9904 | €86,530 | €44,979 | -€41,551 | -48.0% |
| Profit (loss) for the period to be appropriated | 9905 | €86,530 | €44,979 | -€41,551 | -48.0% |
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 28 September 2026 via checked.be.