DEV@WORK: 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@WORK
Largest movements
- Cash -€130,676
down €130,676 (-59.9%), from €218,245 to €87,569
mainly Net result for the year (-€196,821) and Short-term financial debts (-€2,415)
- Receivables within one year -€26,822
down €26,822 (-30.7%), from €87,447 to €60,625
of which Other amounts receivable: -€35,495
- Deferred charges and accrued income -€22,963
down €22,963 (-65.7%), from €34,939 to €11,976
- Financial fixed assets -€4,833
down €4,833 (-41.3%), from €11,704 to €6,871
- Profit (loss) carried forward -€196,821
down €196,821 (-184%), from -€106,737 to -€303,557
- Tax, wage and social debts +€12,478
up €12,478 (+403%), from €3,100 to €15,578
of which Remuneration and social security: +€12,478
- Staff costs +€44,748
up €44,748 (+96.3%), from €46,465 to €91,214
- Gross operating margin -€31,513
down €31,513 (-52.9%), from -€59,521 to -€91,034
- Other operating charges +€9,551
up €9,551 (+962%), from €993 to €10,544
- Financial income -€2,432
down €2,432 (-67.9%), from €3,584 to €1,152
- Depreciation +€1,807
up €1,807 (+55.4%), from €3,262 to €5,070
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 | €366,253 | €177,479 | -€188,774 | -51.5% |
| Fixed assets | 21/28 | €25,622 | €17,309 | -€8,313 | -32.4% |
| Intangible fixed assets | 21 | €2,605 | €2,744 | +€139 | +5.3% |
| Tangible fixed assets | 22/27 | €11,313 | €7,694 | -€3,619 | -32.0% |
| Furniture and vehicles | 24 | €2,406 | €588 | -€1,818 | -75.5% |
| Other tangible fixed assets | 26 | €8,907 | €7,105 | -€1,801 | -20.2% |
| Financial fixed assets | 28 | €11,704 | €6,871 | -€4,833 | -41.3% |
| Current assets | 29/58 | €340,631 | €160,170 | -€180,461 | -53.0% |
| Amounts receivable within one year | 40/41 | €87,447 | €60,625 | -€26,822 | -30.7% |
| Trade receivables | 40 | €44,680 | €53,352 | +€8,672 | +19.4% |
| Other amounts receivable | 41 | €42,767 | €7,273 | -€35,495 | -83.0% |
| Cash at bank and in hand | 54/58 | €218,245 | €87,569 | -€130,676 | -59.9% |
| Deferred charges and accrued income | 490/1 | €34,939 | €11,976 | -€22,963 | -65.7% |
| Total equity and liabilities | 10/49 | €366,253 | €177,479 | -€188,774 | -51.5% |
| Equity | 10/15 | €333,464 | €136,644 | -€196,821 | -59.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €434,001 | €434,001 | = | 0.0% |
| Distributable reserves | 133 | €434,001 | €434,001 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€106,737 | -€303,557 | -€196,821 | -184% |
| Amounts payable | 17/49 | €32,789 | €40,835 | +€8,046 | +24.5% |
| Amounts payable within one year | 42/48 | €32,789 | €40,835 | +€8,046 | +24.5% |
| Financial debts | 43 | €2,887 | €472 | -€2,415 | -83.7% |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €2,887 | €472 | -€2,415 | -83.7% |
| Trade debts | 44 | €24,836 | €22,683 | -€2,153 | -8.7% |
| Suppliers | 440/4 | €24,836 | €22,683 | -€2,153 | -8.7% |
| Taxes, remuneration and social security | 45 | €3,100 | €15,578 | +€12,478 | +403% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €3,100 | €15,578 | +€12,478 | +403% |
| Other amounts payable | 47/48 | €1,966 | €2,103 | +€137 | +6.9% |
| Non-recurring operating income | 76A | - | €202 | +€202 | |
| Remuneration, social security and pensions | 62 | €46,465 | €91,214 | +€44,748 | +96.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,262 | €5,070 | +€1,807 | +55.4% |
| Other operating charges | 640/8 | €993 | €10,544 | +€9,551 | +962% |
| Gross operating margin | 9900 | -€59,521 | -€91,034 | -€31,513 | -52.9% |
| Operating profit (loss) | 9901 | -€110,242 | -€197,862 | -€87,619 | -79.5% |
| Financial income | 75/76B | €3,584 | €1,152 | -€2,432 | -67.9% |
| Recurring financial income | 75 | €3,584 | €1,152 | -€2,432 | -67.9% |
| Financial charges | 65/66B | €79 | €111 | +€32 | +41.1% |
| Recurring financial charges | 65 | €79 | €111 | +€32 | +41.1% |
| Profit (loss) for the period before taxes | 9903 | -€106,737 | -€196,821 | -€90,084 | -84.4% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€106,737 | -€196,821 | -€90,084 | -84.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€106,737 | -€196,821 | -€90,084 | -84.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.