DevelOP Group: 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.
DevelOP Group
Largest movements
- Receivables within one year +€10,194
up €10,194 (+33.7%), from €30,241 to €40,435
of which Other amounts receivable: +€8,135
- Cash +€8,221
up €8,221 (+140%), from €5,880 to €14,101
mainly Trade debts (+€6,406) and Advances received (+€6,056)
- Trade debts +€6,406
up €6,406 (+31.4%), from €20,383 to €26,789
- Advances received +€6,056
new in 2026: €6,056
- Tax, wage and social debts +€5,315
up €5,315 (+1,893%), from €281 to €5,596
- Profit (loss) carried forward +€1,374
up €1,374, from -€921 to €453
- Gross operating margin -€9,449
down €9,449 (-85.6%), from €11,041 to €1,591
- Other operating charges +€753
new in 2026: €753
- Financial income +€536
up €536 (+79.2%), from €678 to €1,214
- Financial charges +€254
up €254 (+141%), from €180 to €434
- Depreciation +€244
new in 2026: €244
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,121 | €55,272 | +€19,151 | +53.0% |
| Fixed assets | 21/28 | - | €494 | +€494 | |
| Tangible fixed assets | 22/27 | - | €494 | +€494 | |
| Furniture and vehicles | 24 | - | €494 | +€494 | |
| Current assets | 29/58 | €36,121 | €54,778 | +€18,657 | +51.7% |
| Amounts receivable within one year | 40/41 | €30,241 | €40,435 | +€10,194 | +33.7% |
| Trade receivables | 40 | €13,958 | €16,017 | +€2,059 | +14.8% |
| Other amounts receivable | 41 | €16,284 | €24,418 | +€8,135 | +50.0% |
| Cash at bank and in hand | 54/58 | €5,880 | €14,101 | +€8,221 | +140% |
| Deferred charges and accrued income | 490/1 | - | €242 | +€242 | |
| Total equity and liabilities | 10/49 | €36,121 | €55,272 | +€19,151 | +53.0% |
| Equity | 10/15 | €13,140 | €14,514 | +€1,374 | +10.5% |
| Contributions | 10/11 | €12,201 | €12,201 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€921 | €453 | +€1,374 | |
| Amounts payable | 17/49 | €22,981 | €40,758 | +€17,777 | +77.4% |
| Amounts payable within one year | 42/48 | €22,981 | €40,758 | +€17,777 | +77.4% |
| Trade debts | 44 | €20,383 | €26,789 | +€6,406 | +31.4% |
| Suppliers | 440/4 | €20,383 | €26,789 | +€6,406 | +31.4% |
| Advances received on contracts in progress | 46 | - | €6,056 | +€6,056 | |
| Taxes, remuneration and social security | 45 | €281 | €5,596 | +€5,315 | +1,893% |
| Taxes | 450/3 | €281 | €5,596 | +€5,315 | +1,893% |
| Other amounts payable | 47/48 | €2,318 | €2,318 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €244 | +€244 | |
| Other operating charges | 640/8 | - | €753 | +€753 | |
| Gross operating margin | 9900 | €11,041 | €1,591 | -€9,449 | -85.6% |
| Operating profit (loss) | 9901 | €11,041 | €594 | -€10,446 | -94.6% |
| Financial income | 75/76B | €678 | €1,214 | +€536 | +79.2% |
| Recurring financial income | 75 | €678 | €1,214 | +€536 | +79.2% |
| Financial charges | 65/66B | €180 | €434 | +€254 | +141% |
| Recurring financial charges | 65 | €180 | €434 | +€254 | +141% |
| Profit (loss) for the period before taxes | 9903 | €11,538 | €1,374 | -€10,164 | -88.1% |
| Profit (loss) for the period | 9904 | €11,538 | €1,374 | -€10,164 | -88.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,538 | €1,374 | -€10,164 | -88.1% |
Source: filed annual accounts (NBB), financial years ended 1 January 2025 and 1 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.