DEV252: 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.
DEV252
Largest movements
- Cash +€45,677
up €45,677 (+112.7%), from €40,525 to €86,202
mainly Net result for the year (+€40,092) and Trade debts (+€8,406)
- Tangible fixed assets +€5,298
up €5,298 (+100.8%), from €5,258 to €10,556
- Receivables within one year -€4,021
down €4,021 (-10.6%), from €38,072 to €34,050
of which Trade receivables: -€5,614
- Reserves +€40,000
up €40,000 (+86.2%), from €46,400 to €86,400
- Trade debts +€8,406
up €8,406 (+230.4%), from €3,649 to €12,055
- Advances received -€7,000
no longer reported in 2025 (was €7,000)
- Tax, wage and social debts +€4,311
up €4,311 (+50.9%), from €8,464 to €12,774
- Gross operating margin +€18,558
up €18,558 (+39.7%), from €46,803 to €65,361
- Depreciation +€4,001
up €4,001 (+170.0%), from €2,354 to €6,355
- Taxes +€3,288
up €3,288 (+22.7%), from €14,500 to €17,788
- Financial charges -€749
down €749 (-49.1%), from €1,524 to €775
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.
Cash bridge derived
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 | €86,000 | €131,809 | +€45,809 | +53.3% |
| Fixed assets | 21/28 | €5,945 | €11,243 | +€5,298 | +89.1% |
| Tangible fixed assets | 22/27 | €5,258 | €10,556 | +€5,298 | +100.8% |
| Furniture and vehicles | 24 | €5,258 | €10,556 | +€5,298 | +100.8% |
| Financial fixed assets | 28 | €687 | €687 | = | 0.0% |
| Current assets | 29/58 | €80,055 | €120,565 | +€40,511 | +50.6% |
| Amounts receivable within one year | 40/41 | €38,072 | €34,050 | -€4,021 | -10.6% |
| Trade receivables | 40 | €20,570 | €14,956 | -€5,614 | -27.3% |
| Other amounts receivable | 41 | €17,502 | €19,095 | +€1,593 | +9.1% |
| Cash at bank and in hand | 54/58 | €40,525 | €86,202 | +€45,677 | +112.7% |
| Deferred charges and accrued income | 490/1 | €1,458 | €313 | -€1,145 | -78.5% |
| Total equity and liabilities | 10/49 | €86,000 | €131,809 | +€45,809 | +53.3% |
| Equity | 10/15 | €66,887 | €106,979 | +€40,092 | +59.9% |
| Contributions | 10/11 | €20,405 | €20,405 | = | 0.0% |
| Reserves | 13 | €46,400 | €86,400 | +€40,000 | +86.2% |
| Distributable reserves | 133 | €46,400 | €86,400 | +€40,000 | +86.2% |
| Profit (loss) carried forward | 14 | €82 | €174 | +€92 | +112.3% |
| Amounts payable | 17/49 | €19,113 | €24,830 | +€5,717 | +29.9% |
| Amounts payable within one year | 42/48 | €19,113 | €24,830 | +€5,717 | +29.9% |
| Trade debts | 44 | €3,649 | €12,055 | +€8,406 | +230.4% |
| Suppliers | 440/4 | €3,649 | €12,055 | +€8,406 | +230.4% |
| Advances received on contracts in progress | 46 | €7,000 | - | -€7,000 | |
| Taxes, remuneration and social security | 45 | €8,464 | €12,774 | +€4,311 | +50.9% |
| Taxes | 450/3 | €8,464 | €12,774 | +€4,311 | +50.9% |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,354 | €6,355 | +€4,001 | +170.0% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €46,803 | €65,361 | +€18,558 | +39.7% |
| Operating profit (loss) | 9901 | €44,449 | €58,606 | +€14,157 | +31.8% |
| Financial income | 75/76B | €511 | €50 | -€461 | -90.3% |
| Recurring financial income | 75 | €511 | €50 | -€461 | -90.3% |
| Financial charges | 65/66B | €1,524 | €775 | -€749 | -49.1% |
| Recurring financial charges | 65 | €1,524 | €775 | -€749 | -49.1% |
| Profit (loss) for the period before taxes | 9903 | €43,436 | €57,880 | +€14,445 | +33.3% |
| Income taxes | 67/77 | €14,500 | €17,788 | +€3,288 | +22.7% |
| Profit (loss) for the period | 9904 | €28,936 | €40,092 | +€11,156 | +38.6% |
| Profit (loss) for the period to be appropriated | 9905 | €28,936 | €40,092 | +€11,156 | +38.6% |
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 8 October 2026 via checked.be.