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DEVD - ENV: 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.

What changed

DEVD - ENV

BE 0533.974.508
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€4,962
2024 · -€6,765+€1,803
Equity
-€55,557
2024 · -€50,595-€4,962
Cash
€18
2024 · €275-€257
Balance sheet total
€18
2024 · €2,687-€2,669

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€1,333

    no longer reported in 2025 (was €1,333)

  • Receivables within one year -€1,079

    no longer reported in 2025 (was €1,079)

  • Cash -€257

    down €257 (-93.5%), from €275 to €18

    mainly Net result for the year (-€4,962)

Equity and liabilities
  • Profit (loss) carried forward -€4,962

    down €4,962 (-8.7%), from -€56,795 to -€61,757

  • Other debts +€1,578

    up €1,578 (+3.0%), from €52,927 to €54,506

  • Tax, wage and social debts +€714

    up €714 (+201.0%), from €355 to €1,069

Income statement
  • Depreciation -€3,163

    down €3,163 (-70.4%), from €4,495 to €1,333

  • Gross operating margin -€1,038

    down €1,038 (-45.9%), from -€2,262 to -€3,300

  • Taxes +€181

    up €181, from -€49 to €132

  • Financial charges +€93

    up €93 (+166.9%), from €56 to €148

  • Other operating charges +€48

    new in 2025: €48

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€6,765
Gross operating margin -€1,038
Depreciation +€3,163
Other operating charges -€48
Financial charges -€93
Taxes -€181
Result 2025 -€4,962

Cash bridge derived

cash 2024 to 2025

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.

From operations -€257
Investment €0
Financing €0
Cash 2024 €275
Net result for the year -€4,962
Depreciation +€1,333
Receivables within one year +€1,079
Tax, wage and social debts +€714
Other debts +€1,578
Cash 2025 €18
Every line side by side 27 lines
Line Code 2024 2025 Change %
Total assets 20/58 €2,687 €18 -€2,669 -99.3%
Fixed assets 21/28 €1,333 - -€1,333
Tangible fixed assets 22/27 €1,333 - -€1,333
Furniture and vehicles 24 €1,333 - -€1,333
Current assets 29/58 €1,355 €18 -€1,337 -98.7%
Amounts receivable within one year 40/41 €1,079 - -€1,079
Other amounts receivable 41 €1,079 - -€1,079
Cash at bank and in hand 54/58 €275 €18 -€257 -93.5%
Total equity and liabilities 10/49 €2,687 €18 -€2,669 -99.3%
Equity 10/15 -€50,595 -€55,557 -€4,962 -9.8%
Contributions 10/11 €6,200 €6,200 = 0.0%
Profit (loss) carried forward 14 -€56,795 -€61,757 -€4,962 -8.7%
Amounts payable 17/49 €53,283 €55,575 +€2,292 +4.3%
Amounts payable within one year 42/48 €53,283 €55,575 +€2,292 +4.3%
Taxes, remuneration and social security 45 €355 €1,069 +€714 +201.0%
Taxes 450/3 €355 €1,069 +€714 +201.0%
Other amounts payable 47/48 €52,927 €54,506 +€1,578 +3.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,495 €1,333 -€3,163 -70.4%
Other operating charges 640/8 - €48 +€48
Gross operating margin 9900 -€2,262 -€3,300 -€1,038 -45.9%
Operating profit (loss) 9901 -€6,758 -€4,681 +€2,077 +30.7%
Financial charges 65/66B €56 €148 +€93 +166.9%
Recurring financial charges 65 €56 €148 +€93 +166.9%
Profit (loss) for the period before taxes 9903 -€6,814 -€4,830 +€1,984 +29.1%
Income taxes 67/77 -€49 €132 +€181
Profit (loss) for the period 9904 -€6,765 -€4,962 +€1,803 +26.7%
Profit (loss) for the period to be appropriated 9905 -€6,765 -€4,962 +€1,803 +26.7%

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 29 September 2026 via checked.be.