DéVé-Maud: 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.
DéVé-Maud
Largest movements
- Receivables after one year -€20,000
no longer reported in 2025 (was €20,000)
- Receivables within one year -€8,288
no longer reported in 2025 (was €8,288)
- Tangible fixed assets -€2,845
down €2,845 (-2.7%), from €105,512 to €102,666
- Deferred charges and accrued income -€2,000
no longer reported in 2025 (was €2,000)
- Other debts -€24,694
down €24,694 (-21.3%), from €116,167 to €91,473
- Profit (loss) carried forward -€8,110
down €8,110 (-13.7%), from -€59,280 to -€67,390
- Gross operating margin -€1,129
down €1,129 (-99.6%), from -€1,134 to -€2,263
- Financial income -€547
no longer reported in 2025 (was €547)
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 | €136,183 | €103,234 | -€32,949 | -24.2% |
| Fixed assets | 21/28 | €105,512 | €102,666 | -€2,845 | -2.7% |
| Tangible fixed assets | 22/27 | €105,512 | €102,666 | -€2,845 | -2.7% |
| Land and buildings | 22 | €105,512 | €102,666 | -€2,845 | -2.7% |
| Current assets | 29/58 | €30,671 | €567 | -€30,104 | -98.2% |
| Amounts receivable after more than one year | 29 | €20,000 | - | -€20,000 | |
| Trade receivables | 290 | €20,000 | - | -€20,000 | |
| Amounts receivable within one year | 40/41 | €8,288 | - | -€8,288 | |
| Other amounts receivable | 41 | €8,288 | - | -€8,288 | |
| Cash at bank and in hand | 54/58 | €383 | €567 | +€184 | +47.9% |
| Deferred charges and accrued income | 490/1 | €2,000 | - | -€2,000 | |
| Total equity and liabilities | 10/49 | €136,183 | €103,234 | -€32,949 | -24.2% |
| Equity | 10/15 | €19,870 | €11,761 | -€8,110 | -40.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €60,558 | €60,558 | = | 0.0% |
| Distributable reserves | 133 | €60,558 | €60,558 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,280 | -€67,390 | -€8,110 | -13.7% |
| Amounts payable | 17/49 | €116,312 | €91,473 | -€24,839 | -21.4% |
| Amounts payable within one year | 42/48 | €116,312 | €91,473 | -€24,839 | -21.4% |
| Trade debts | 44 | €145 | - | -€145 | |
| Suppliers | 440/4 | €145 | - | -€145 | |
| Other amounts payable | 47/48 | €116,167 | €91,473 | -€24,694 | -21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,845 | €2,845 | = | 0.0% |
| Other operating charges | 640/8 | €2,500 | €2,480 | -€20 | -0.8% |
| Gross operating margin | 9900 | -€1,134 | -€2,263 | -€1,129 | -99.6% |
| Operating profit (loss) | 9901 | -€6,479 | -€7,588 | -€1,109 | -17.1% |
| Financial income | 75/76B | €547 | - | -€547 | |
| Recurring financial income | 75 | €547 | - | -€547 | |
| Financial charges | 65/66B | €526 | €522 | -€4 | -0.8% |
| Recurring financial charges | 65 | €526 | €522 | -€4 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,458 | -€8,110 | -€1,652 | -25.6% |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | -€6,458 | -€8,110 | -€1,651 | -25.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,458 | -€8,110 | -€1,651 | -25.6% |
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 21 October 2026 via checked.be.