DEV INVEST: 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 INVEST
Largest movements
- Receivables within one year +€191,431
up €191,431 (+4.2%), from €4.5m to €4.7m
of which Other amounts receivable: +€191,431
- Reserves +€125,936
up €125,936 (+2.8%), from €4.6m to €4.7m
- Financial income +€81,493
up €81,493 (+47.1%), from €173,027 to €254,520
- Gross operating margin +€32,286
up €32,286 (+68.5%), from -€47,111 to -€14,825
- Taxes +€24,081
up €24,081 (+146%), from €16,482 to €40,563
- Financial charges +€6,006
up €6,006 (+9.7%), from €62,075 to €68,081
- Other operating charges +€1,564
up €1,564 (+44.0%), from €3,552 to €5,115
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 | €10,405,165 | €10,528,647 | +€123,482 | +1.2% |
| Fixed assets | 21/28 | €3,175,406 | €3,180,206 | +€4,800 | +0.2% |
| Financial fixed assets | 28 | €3,175,406 | €3,180,206 | +€4,800 | +0.2% |
| Current assets | 29/58 | €7,229,759 | €7,348,441 | +€118,682 | +1.6% |
| Amounts receivable within one year | 40/41 | €4,545,850 | €4,737,281 | +€191,431 | +4.2% |
| Trade receivables | 40 | €3,339 | €3,339 | = | 0.0% |
| Other amounts receivable | 41 | €4,542,511 | €4,733,942 | +€191,431 | +4.2% |
| Current investments | 50/53 | €2,413,589 | €2,376,681 | -€36,908 | -1.5% |
| Cash at bank and in hand | 54/58 | €270,320 | €234,479 | -€35,841 | -13.3% |
| Total equity and liabilities | 10/49 | €10,405,165 | €10,528,647 | +€123,482 | +1.2% |
| Equity | 10/15 | €9,774,391 | €9,900,327 | +€125,936 | +1.3% |
| Contributions | 10/11 | €5,202,210 | €5,202,210 | = | 0.0% |
| Reserves | 13 | €4,572,182 | €4,698,118 | +€125,936 | +2.8% |
| Distributable reserves | 133 | €4,572,182 | €4,698,118 | +€125,936 | +2.8% |
| Amounts payable | 17/49 | €630,773 | €628,320 | -€2,453 | -0.4% |
| Amounts payable within one year | 42/48 | €630,773 | €628,320 | -€2,453 | -0.4% |
| Trade debts | 44 | €1,591 | €620 | -€972 | -61.1% |
| Suppliers | 440/4 | €1,591 | €620 | -€972 | -61.1% |
| Taxes, remuneration and social security | 45 | €6,981 | €15,931 | +€8,951 | +128% |
| Taxes | 450/3 | €6,981 | €15,931 | +€8,951 | +128% |
| Other amounts payable | 47/48 | €622,202 | €611,769 | -€10,433 | -1.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Other operating charges | 640/8 | €3,552 | €5,115 | +€1,564 | +44.0% |
| Gross operating margin | 9900 | -€47,111 | -€14,825 | +€32,286 | +68.5% |
| Operating profit (loss) | 9901 | -€50,662 | -€19,940 | +€30,723 | +60.6% |
| Financial income | 75/76B | €173,027 | €254,520 | +€81,493 | +47.1% |
| Recurring financial income | 75 | €173,027 | €254,520 | +€81,493 | +47.1% |
| Financial charges | 65/66B | €62,075 | €68,081 | +€6,006 | +9.7% |
| Recurring financial charges | 65 | €62,075 | €68,081 | +€6,006 | +9.7% |
| Profit (loss) for the period before taxes | 9903 | €60,289 | €166,499 | +€106,210 | +176% |
| Income taxes | 67/77 | €16,482 | €40,563 | +€24,081 | +146% |
| Profit (loss) for the period | 9904 | €43,807 | €125,936 | +€82,129 | +187% |
| Profit (loss) for the period to be appropriated | 9905 | €43,807 | €125,936 | +€82,129 | +187% |
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 17 October 2026 via checked.be.