DEVBRIDGES: 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.
DEVBRIDGES
Largest movements
- Cash -€57,828
down €57,828 (-41.9%), from €137,890 to €80,062
mainly Net result for the year (-€33,611) and Other debts (-€18,177)
- Tangible fixed assets -€8,303
down €8,303 (-4.8%), from €173,816 to €165,513
of which Land and buildings: -€6,252
- Receivables within one year +€4,603
up €4,603, from €0 to €4,603
of which Trade receivables: +€4,469
- Reserves -€33,611
down €33,611 (-13.2%), from €255,094 to €221,484
- Other debts -€18,177
down €18,177 (-94.9%), from €19,144 to €967
- Debts after one year -€4,828
down €4,828 (-4.5%), from €107,549 to €102,721
- Gross operating margin -€50,774
down €50,774, from €32,369 to -€18,406
- Taxes -€9,787
down €9,787, from €8,287 to -€1,500
- Staff costs +€2,644
new in 2025: €2,644
- Other operating charges +€1,518
up €1,518 (+266%), from €570 to €2,088
- Financial income +€615
up €615 (+503%), from €122 to €737
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 | €413,192 | €351,686 | -€61,506 | -14.9% |
| Fixed assets | 21/28 | €192,516 | €184,213 | -€8,303 | -4.3% |
| Tangible fixed assets | 22/27 | €173,816 | €165,513 | -€8,303 | -4.8% |
| Land and buildings | 22 | €169,900 | €163,648 | -€6,252 | -3.7% |
| Furniture and vehicles | 24 | €3,916 | €1,865 | -€2,051 | -52.4% |
| Financial fixed assets | 28 | €18,700 | €18,700 | = | 0.0% |
| Current assets | 29/58 | €220,676 | €167,473 | -€53,203 | -24.1% |
| Amounts receivable within one year | 40/41 | €0 | €4,603 | +€4,603 | |
| Trade receivables | 40 | €0 | €4,469 | +€4,469 | |
| Other amounts receivable | 41 | €0 | €134 | +€134 | |
| Current investments | 50/53 | €78,824 | €78,824 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €137,890 | €80,062 | -€57,828 | -41.9% |
| Deferred charges and accrued income | 490/1 | €3,963 | €3,985 | +€22 | +0.6% |
| Total equity and liabilities | 10/49 | €413,192 | €351,686 | -€61,506 | -14.9% |
| Equity | 10/15 | €261,294 | €227,684 | -€33,611 | -12.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €255,094 | €221,484 | -€33,611 | -13.2% |
| Distributable reserves | 133 | €255,094 | €221,484 | -€33,611 | -13.2% |
| Amounts payable | 17/49 | €151,898 | €124,003 | -€27,895 | -18.4% |
| Amounts payable after more than one year | 17 | €107,549 | €102,721 | -€4,828 | -4.5% |
| Financial debts | 170/4 | €107,549 | €102,721 | -€4,828 | -4.5% |
| Amounts payable within one year | 42/48 | €44,349 | €21,282 | -€23,067 | -52.0% |
| Current portion of amounts payable after more than one year | 42 | €5,046 | €5,223 | +€177 | +3.5% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €10,761 | €6,842 | -€3,919 | -36.4% |
| Suppliers | 440/4 | €10,761 | €6,842 | -€3,919 | -36.4% |
| Taxes, remuneration and social security | 45 | €9,398 | €8,250 | -€1,148 | -12.2% |
| Taxes | 450/3 | €9,398 | €8,250 | -€1,148 | -12.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €19,144 | €967 | -€18,177 | -94.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | - | €2,644 | +€2,644 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,678 | €8,303 | -€375 | -4.3% |
| Other operating charges | 640/8 | €570 | €2,088 | +€1,518 | +266% |
| Gross operating margin | 9900 | €32,369 | -€18,406 | -€50,774 | |
| Operating profit (loss) | 9901 | €23,121 | -€31,441 | -€54,561 | |
| Financial income | 75/76B | €122 | €737 | +€615 | +503% |
| Recurring financial income | 75 | €122 | €737 | +€615 | +503% |
| Financial charges | 65/66B | €4,020 | €4,407 | +€387 | +9.6% |
| Recurring financial charges | 65 | €4,020 | €4,407 | +€387 | +9.6% |
| Profit (loss) for the period before taxes | 9903 | €19,223 | -€35,111 | -€54,334 | |
| Income taxes | 67/77 | €8,287 | -€1,500 | -€9,787 | |
| Profit (loss) for the period | 9904 | €10,936 | -€33,611 | -€44,547 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,936 | -€33,611 | -€44,547 |
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 30 October 2026 via checked.be.