DEV DESIGN: 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 DESIGN
Largest movements
- Stocks and contracts +€510,660
up €510,660 (+209.7%), from €243,501 to €754,161
- Receivables within one year -€194,400
down €194,400 (-95.7%), from €203,136 to €8,737
of which Trade receivables: -€192,010
- Cash +€38,825
up €38,825 (+52.5%), from €73,923 to €112,748
mainly Trade debts (+€517,479) and Receivables within one year (+€194,400)
- Tangible fixed assets +€19,757
up €19,757 (+59.5%), from €33,201 to €52,958
of which Furniture and vehicles: +€16,966
- Trade debts +€517,479
up €517,479 (+652.5%), from €79,307 to €596,786
of which Suppliers: +€369,885
- Debts after one year -€137,941
no longer reported in 2024 (was €137,941)
- Other debts +€136,000
up €136,000 (+233.0%), from €58,369 to €194,369
- Profit (loss) carried forward -€92,988
down €92,988 (-49.7%), from €187,167 to €94,179
- Tax, wage and social debts -€41,763
down €41,763 (-37.6%), from €111,162 to €69,398
of which Taxes: -€38,214
- Staff costs +€27,901
up €27,901 (+42.0%), from €66,467 to €94,369
- Gross operating margin -€18,282
down €18,282 (-41.0%), from €44,587 to €26,305
- Other operating charges -€10,434
down €10,434 (-76.6%), from €13,621 to €3,187
- Financial charges -€1,175
down €1,175 (-21.4%), from €5,503 to €4,328
- Taxes -€604
no longer reported in 2024 (was €604)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €606,934 | €979,280 | +€372,346 | +61.3% |
| Fixed assets | 21/28 | €83,878 | €103,635 | +€19,757 | +23.6% |
| Tangible fixed assets | 22/27 | €33,201 | €52,958 | +€19,757 | +59.5% |
| Plant, machinery and equipment | 23 | - | €2,791 | +€2,791 | |
| Furniture and vehicles | 24 | €33,201 | €50,168 | +€16,966 | +51.1% |
| Financial fixed assets | 28 | €50,676 | €50,676 | = | 0.0% |
| Current assets | 29/58 | €523,056 | €875,646 | +€352,590 | +67.4% |
| Stocks and contracts in progress | 3 | €243,501 | €754,161 | +€510,660 | +209.7% |
| Stocks | 30/36 | €243,501 | €754,161 | +€510,660 | +209.7% |
| Amounts receivable within one year | 40/41 | €203,136 | €8,737 | -€194,400 | -95.7% |
| Trade receivables | 40 | €192,010 | €0 | -€192,010 | -100.0% |
| Other amounts receivable | 41 | €11,126 | €8,737 | -€2,390 | -21.5% |
| Cash at bank and in hand | 54/58 | €73,923 | €112,748 | +€38,825 | +52.5% |
| Deferred charges and accrued income | 490/1 | €2,496 | - | -€2,496 | |
| Total equity and liabilities | 10/49 | €606,934 | €979,280 | +€372,346 | +61.3% |
| Equity | 10/15 | €199,223 | €106,235 | -€92,988 | -46.7% |
| Contributions | 10/11 | €10,197 | €12,057 | +€1,859 | +18.2% |
| Reserves | 13 | €1,859 | - | -€1,859 | |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Profit (loss) carried forward | 14 | €187,167 | €94,179 | -€92,988 | -49.7% |
| Amounts payable | 17/49 | €407,710 | €873,045 | +€465,335 | +114.1% |
| Amounts payable after more than one year | 17 | €137,941 | - | -€137,941 | |
| Financial debts | 170/4 | €137,941 | - | -€137,941 | |
| Amounts payable within one year | 42/48 | €269,647 | €873,045 | +€603,398 | +223.8% |
| Current portion of amounts payable after more than one year | 42 | €12,662 | €8,441 | -€4,221 | -33.3% |
| Financial debts | 43 | €4,097 | - | -€4,097 | |
| Credit institutions | 430/8 | €4,097 | - | -€4,097 | |
| Trade debts | 44 | €79,307 | €596,786 | +€517,479 | +652.5% |
| Suppliers | 440/4 | €79,307 | €449,192 | +€369,885 | +466.4% |
| Bills of exchange payable | 441 | - | €147,594 | +€147,594 | |
| Advances received on contracts in progress | 46 | €4,050 | €4,050 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €111,162 | €69,398 | -€41,763 | -37.6% |
| Taxes | 450/3 | €95,032 | €56,818 | -€38,214 | -40.2% |
| Remuneration and social security | 454/9 | €16,130 | €12,580 | -€3,550 | -22.0% |
| Other amounts payable | 47/48 | €58,369 | €194,369 | +€136,000 | +233.0% |
| Accrued charges and deferred income | 492/3 | €122 | - | -€122 | |
| Remuneration, social security and pensions | 62 | €66,467 | €94,369 | +€27,901 | +42.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,430 | €13,903 | +€474 | +3.5% |
| Other operating charges | 640/8 | €13,621 | €3,187 | -€10,434 | -76.6% |
| Operating charges capitalised as restructuring costs | 649 | - | €0 | = | |
| Non-recurring operating charges | 66A | €4,618 | €3,213 | -€1,405 | -30.4% |
| Gross operating margin | 9900 | €44,587 | €26,305 | -€18,282 | -41.0% |
| Operating profit (loss) | 9901 | -€53,549 | -€88,367 | -€34,818 | -65.0% |
| Financial income | 75/76B | €120 | €6 | -€113 | -94.7% |
| Recurring financial income | 75 | €120 | €6 | -€113 | -94.7% |
| Financial charges | 65/66B | €5,503 | €4,328 | -€1,175 | -21.4% |
| Recurring financial charges | 65 | €5,503 | €4,328 | -€1,175 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | -€58,932 | -€92,688 | -€33,756 | -57.3% |
| Income taxes | 67/77 | €604 | - | -€604 | |
| Profit (loss) for the period | 9904 | -€59,536 | -€92,688 | -€33,152 | -55.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€59,536 | -€92,688 | -€33,152 | -55.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.