DEV SOLUTION: 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 SOLUTION
Largest movements
- Tangible fixed assets -€9,845
down €9,845 (-20.8%), from €47,425 to €37,580
of which Furniture and vehicles: -€9,334
- Cash +€6,660
up €6,660 (+53.8%), from €12,388 to €19,048
mainly Depreciation (+€9,845) and Net result for the year (+€5,811)
- Receivables within one year +€2,221
up €2,221 (+17.4%), from €12,772 to €14,993
of which Trade receivables: +€4,391
- Deferred charges and accrued income +€840
up €840 (+76.7%), from €1,094 to €1,934
- Debts after one year -€7,301
down €7,301 (-49.5%), from €14,750 to €7,449
- Profit (loss) carried forward +€5,811
up €5,811 (+92.7%), from €6,269 to €12,080
- Trade debts -€3,537
down €3,537 (-15.4%), from €22,938 to €19,401
of which Bills of exchange payable: -€8,783
- Tax, wage and social debts +€2,694
up €2,694 (+266%), from €1,013 to €3,707
- Other debts +€2,207
new in 2025: €2,207
- Turnover +€94,621
up €94,621 (+61.8%), from €153,139 to €247,759
- Purchases and services +€76,927
up €76,927 (+51.6%), from €149,121 to €226,048
- Gross operating margin +€17,694
up €17,694 (+440%), from €4,018 to €21,712
- Depreciation +€8,556
up €8,556 (+663%), from €1,290 to €9,845
- Financial charges +€7,753
up €7,753 (+2,123%), from €365 to €8,119
of which Non-recurring financial charges: +€7,063
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 | €73,679 | €73,555 | -€125 | -0.2% |
| Fixed assets | 21/28 | €47,425 | €37,580 | -€9,845 | -20.8% |
| Tangible fixed assets | 22/27 | €47,425 | €37,580 | -€9,845 | -20.8% |
| Plant, machinery and equipment | 23 | €1,535 | €1,023 | -€512 | -33.3% |
| Furniture and vehicles | 24 | €45,890 | €36,557 | -€9,334 | -20.3% |
| Current assets | 29/58 | €26,254 | €35,975 | +€9,720 | +37.0% |
| Amounts receivable within one year | 40/41 | €12,772 | €14,993 | +€2,221 | +17.4% |
| Trade receivables | 40 | €10,227 | €14,619 | +€4,391 | +42.9% |
| Other amounts receivable | 41 | €2,545 | €374 | -€2,171 | -85.3% |
| Cash at bank and in hand | 54/58 | €12,388 | €19,048 | +€6,660 | +53.8% |
| Deferred charges and accrued income | 490/1 | €1,094 | €1,934 | +€840 | +76.7% |
| Total equity and liabilities | 10/49 | €73,679 | €73,555 | -€125 | -0.2% |
| Equity | 10/15 | €26,729 | €32,540 | +€5,811 | +21.7% |
| Contributions | 10/11 | €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 | €6,269 | €12,080 | +€5,811 | +92.7% |
| Amounts payable | 17/49 | €46,951 | €41,015 | -€5,936 | -12.6% |
| Amounts payable after more than one year | 17 | €14,750 | €7,449 | -€7,301 | -49.5% |
| Financial debts | 170/4 | €14,750 | €7,449 | -€7,301 | -49.5% |
| Amounts payable within one year | 42/48 | €32,200 | €33,565 | +€1,365 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €8,250 | €8,250 | = | 0.0% |
| Trade debts | 44 | €22,938 | €19,401 | -€3,537 | -15.4% |
| Suppliers | 440/4 | €8,045 | €13,291 | +€5,246 | +65.2% |
| Bills of exchange payable | 441 | €14,892 | €6,110 | -€8,783 | -59.0% |
| Taxes, remuneration and social security | 45 | €1,013 | €3,707 | +€2,694 | +266% |
| Taxes | 450/3 | €1,013 | €3,707 | +€2,694 | +266% |
| Other amounts payable | 47/48 | - | €2,207 | +€2,207 | |
| Turnover | 70 | €153,139 | €247,759 | +€94,621 | +61.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €149,121 | €226,048 | +€76,927 | +51.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,290 | €9,845 | +€8,556 | +663% |
| Other operating charges | 640/8 | €400 | €1,097 | +€697 | +174% |
| Gross operating margin | 9900 | €4,018 | €21,712 | +€17,694 | +440% |
| Operating profit (loss) | 9901 | €2,329 | €10,769 | +€8,441 | +362% |
| Financial income | 75/76B | - | €6,867 | +€6,867 | |
| Recurring financial income | 75 | - | €6,867 | +€6,867 | |
| Non-recurring financial income | 76B | - | €6,867 | +€6,867 | |
| Financial charges | 65/66B | €365 | €8,119 | +€7,753 | +2,123% |
| Recurring financial charges | 65 | €365 | €1,056 | +€690 | +189% |
| Non-recurring financial charges | 66B | - | €7,063 | +€7,063 | |
| Profit (loss) for the period before taxes | 9903 | €1,964 | €9,518 | +€7,555 | +385% |
| Income taxes | 67/77 | €826 | €3,707 | +€2,881 | +349% |
| Profit (loss) for the period | 9904 | €1,137 | €5,811 | +€4,674 | +411% |
| Profit (loss) for the period to be appropriated | 9905 | €1,137 | €5,811 | +€4,674 | +411% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.