Devchild: 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.
Devchild
Largest movements
- Tangible fixed assets +€31,834
up €31,834 (+62.6%), from €50,875 to €82,710
of which Furniture and vehicles: +€36,049
- Current investments -€31,091
down €31,091 (-100%), from €31,091 to €0
- Receivables within one year +€13,745
up €13,745 (+123%), from €11,208 to €24,953
of which Trade receivables: +€24,953
- Cash +€10,331
up €10,331 (+16.8%), from €61,648 to €71,979
mainly Current investments (+€31,091) and Net result for the year (+€23,130)
- Reserves +€17,986
up €17,986 (+17.7%), from €101,438 to €119,424
of which Distributable reserves: +€17,986
- Tax, wage and social debts +€8,024
up €8,024 (+694%), from €1,156 to €9,181
- Debts after one year -€5,717
down €5,717 (-13.4%), from €42,800 to €37,083
- Profit (loss) carried forward +€5,144
up €5,144, from -€5,144 to €0
- Gross operating margin +€42,288
up €42,288, from -€15,549 to €26,738
- Taxes +€8,423
up €8,423 (+4,789%), from €176 to €8,598
- Financial income -€5,993
down €5,993 (-27.0%), from €22,211 to €16,218
- Depreciation -€981
down €981 (-14.6%), from €6,732 to €5,750
- Other operating charges -€635
down €635 (-32.6%), from €1,950 to €1,315
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 | €154,822 | €180,676 | +€25,854 | +16.7% |
| Fixed assets | 21/28 | €50,875 | €82,710 | +€31,834 | +62.6% |
| Tangible fixed assets | 22/27 | €50,875 | €82,710 | +€31,834 | +62.6% |
| Land and buildings | 22 | €45,416 | €43,954 | -€1,463 | -3.2% |
| Plant, machinery and equipment | 23 | €4,049 | €2,708 | -€1,341 | -33.1% |
| Furniture and vehicles | 24 | - | €36,049 | +€36,049 | |
| Other tangible fixed assets | 26 | €1,410 | €0 | -€1,410 | -100% |
| Current assets | 29/58 | €103,947 | €97,966 | -€5,980 | -5.8% |
| Amounts receivable within one year | 40/41 | €11,208 | €24,953 | +€13,745 | +123% |
| Trade receivables | 40 | €0 | €24,953 | +€24,953 | |
| Other amounts receivable | 41 | €11,208 | €0 | -€11,208 | -100% |
| Current investments | 50/53 | €31,091 | €0 | -€31,091 | -100% |
| Cash at bank and in hand | 54/58 | €61,648 | €71,979 | +€10,331 | +16.8% |
| Deferred charges and accrued income | 490/1 | €0 | €1,035 | +€1,035 | |
| Total equity and liabilities | 10/49 | €154,822 | €180,676 | +€25,854 | +16.7% |
| Equity | 10/15 | €108,794 | €131,924 | +€23,130 | +21.3% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €101,438 | €119,424 | +€17,986 | +17.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €101,438 | €119,424 | +€17,986 | +17.7% |
| Profit (loss) carried forward | 14 | -€5,144 | €0 | +€5,144 | |
| Amounts payable | 17/49 | €46,028 | €48,752 | +€2,724 | +5.9% |
| Amounts payable after more than one year | 17 | €42,800 | €37,083 | -€5,717 | -13.4% |
| Other amounts payable | 178/9 | €42,800 | €37,083 | -€5,717 | -13.4% |
| Amounts payable within one year | 42/48 | €2,644 | €10,509 | +€7,866 | +298% |
| Trade debts | 44 | €1,488 | €1,329 | -€159 | -10.7% |
| Suppliers | 440/4 | €1,488 | €1,329 | -€159 | -10.7% |
| Taxes, remuneration and social security | 45 | €1,156 | €9,181 | +€8,024 | +694% |
| Taxes | 450/3 | €1,156 | €9,181 | +€8,024 | +694% |
| Accrued charges and deferred income | 492/3 | €584 | €1,160 | +€576 | +98.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,732 | €5,750 | -€981 | -14.6% |
| Other operating charges | 640/8 | €1,950 | €1,315 | -€635 | -32.6% |
| Non-recurring operating charges | 66A | - | €518 | +€518 | |
| Gross operating margin | 9900 | -€15,549 | €26,738 | +€42,288 | |
| Operating profit (loss) | 9901 | -€24,232 | €19,155 | +€43,387 | |
| Financial income | 75/76B | €22,211 | €16,218 | -€5,993 | -27.0% |
| Recurring financial income | 75 | €22,211 | €16,218 | -€5,993 | -27.0% |
| Financial charges | 65/66B | €3,561 | €3,646 | +€84 | +2.4% |
| Recurring financial charges | 65 | €3,561 | €3,646 | +€84 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | -€5,582 | €31,728 | +€37,310 | |
| Income taxes | 67/77 | €176 | €8,598 | +€8,423 | +4,789% |
| Profit (loss) for the period | 9904 | -€5,758 | €23,130 | +€28,887 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,758 | €23,130 | +€28,887 |
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 25 October 2026 via checked.be.