DEVELOPERS-GROUP SA: 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.
What changed
DEVELOPERS-GROUP SA
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€215,109
2024 · €185,190-€400,299
Equity
€965,117
2024 · €1.2m-€215,109
Cash
€20,638
2024 · €20,180+€458
Balance sheet total
€1.8m
2024 · €2.0m-€207,867
Largest movements
Assets
- Receivables within one year +€534,383
up €534,383 (+458%), from €116,700 to €651,083
of which Other amounts receivable: +€633,588
- Current investments -€471,572
down €471,572 (-54.3%), from €867,701 to €396,129
- Stocks and contracts -€263,433
down €263,433 (-26.1%), from €1.0m to €745,000
Equity and liabilities
- Profit (loss) carried forward -€215,109
down €215,109 (-43.3%), from €496,853 to €281,745
Income statement
- Gross operating margin -€482,485
down €482,485, from €387,630 to -€94,855
- Financial charges -€133,487
down €133,487 (-86.1%), from €155,096 to €21,609
of which Non-recurring financial charges: -€103,534
- Other operating charges +€55,782
up €55,782 (+1,574%), from €3,545 to €59,326
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.
Result 2024
€185,190
Gross operating margin
-€482,485
Staff costs
+€2,477
Depreciation
+€426
Other operating charges
-€55,782
Financial income
+€547
Financial charges
+€133,487
Taxes
+€1,030
Result 2025
-€215,109
raises the resultlowers the result
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.
From operations
-€471,114
Investment
+€471,572
Financing
€0
Cash 2024
€20,180
From operations (derived)
-€471,114
Net result for the year
-€215,109
Depreciation
+€4,156
Stocks and contracts
+€263,433
Receivables within one year
-€534,383
Deferred charges and accrued income
+€3,547
Trade debts
-€6,029
Tax, wage and social debts
-€1,806
Advances received
+€15,000
Other debts
+€76
Investment (derived)
+€471,572
Current investments
+€471,572
Cash 2025
€20,638
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,024,839 | €1,816,971 | -€207,867 | -10.3% |
| Fixed assets | 21/28 | €5,662 | €1,507 | -€4,156 | -73.4% |
| Tangible fixed assets | 22/27 | €5,412 | €1,257 | -€4,156 | -76.8% |
| Plant, machinery and equipment | 23 | €548 | €548 | = | 0.0% |
| Furniture and vehicles | 24 | €4,865 | €709 | -€4,156 | -85.4% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €2,019,176 | €1,815,465 | -€203,712 | -10.1% |
| Stocks and contracts in progress | 3 | €1,008,433 | €745,000 | -€263,433 | -26.1% |
| Stocks | 30/36 | €1,008,433 | €745,000 | -€263,433 | -26.1% |
| Amounts receivable within one year | 40/41 | €116,700 | €651,083 | +€534,383 | +458% |
| Trade receivables | 40 | €113,288 | €14,083 | -€99,205 | -87.6% |
| Other amounts receivable | 41 | €3,412 | €637,000 | +€633,588 | +18,569% |
| Current investments | 50/53 | €867,701 | €396,129 | -€471,572 | -54.3% |
| Cash at bank and in hand | 54/58 | €20,180 | €20,638 | +€458 | +2.3% |
| Deferred charges and accrued income | 490/1 | €6,162 | €2,615 | -€3,547 | -57.6% |
| Total equity and liabilities | 10/49 | €2,024,839 | €1,816,971 | -€207,867 | -10.3% |
| Equity | 10/15 | €1,180,226 | €965,117 | -€215,109 | -18.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €583,372 | €583,372 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €573,372 | €573,372 | = | 0.0% |
| Profit (loss) carried forward | 14 | €496,853 | €281,745 | -€215,109 | -43.3% |
| Provisions and deferred taxes | 16 | €328,327 | €328,327 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €328,327 | €328,327 | = | 0.0% |
| Major repairs and maintenance | 162 | €230,000 | €230,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €98,327 | €98,327 | = | 0.0% |
| Amounts payable | 17/49 | €516,286 | €523,528 | +€7,241 | +1.4% |
| Amounts payable within one year | 42/48 | €516,286 | €523,528 | +€7,241 | +1.4% |
| Financial debts | 43 | €500,000 | €500,000 | = | 0.0% |
| Credit institutions | 430/8 | €500,000 | €500,000 | = | 0.0% |
| Trade debts | 44 | €10,202 | €4,173 | -€6,029 | -59.1% |
| Suppliers | 440/4 | €10,202 | €4,173 | -€6,029 | -59.1% |
| Advances received on contracts in progress | 46 | - | €15,000 | +€15,000 | |
| Taxes, remuneration and social security | 45 | €6,084 | €4,278 | -€1,806 | -29.7% |
| Taxes | 450/3 | €708 | €756 | +€48 | +6.8% |
| Remuneration and social security | 454/9 | €5,377 | €3,523 | -€1,854 | -34.5% |
| Other amounts payable | 47/48 | - | €76 | +€76 | |
| Non-recurring operating income | 76A | €103,534 | - | -€103,534 | |
| Remuneration, social security and pensions | 62 | €39,993 | €37,516 | -€2,477 | -6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,582 | €4,156 | -€426 | -9.3% |
| Other operating charges | 640/8 | €3,545 | €59,326 | +€55,782 | +1,574% |
| Gross operating margin | 9900 | €387,630 | -€94,855 | -€482,485 | |
| Operating profit (loss) | 9901 | €339,510 | -€195,853 | -€535,363 | |
| Financial income | 75/76B | €1,806 | €2,353 | +€547 | +30.3% |
| Recurring financial income | 75 | €1,806 | €2,353 | +€547 | +30.3% |
| Financial charges | 65/66B | €155,096 | €21,609 | -€133,487 | -86.1% |
| Recurring financial charges | 65 | €51,562 | €21,609 | -€29,953 | -58.1% |
| Non-recurring financial charges | 66B | €103,534 | - | -€103,534 | |
| Profit (loss) for the period before taxes | 9903 | €186,220 | -€215,109 | -€401,329 | |
| Income taxes | 67/77 | €1,030 | - | -€1,030 | |
| Profit (loss) for the period | 9904 | €185,190 | -€215,109 | -€400,299 | |
| Profit (loss) for the period to be appropriated | 9905 | €185,190 | -€215,109 | -€400,299 |
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 16 October 2026 via checked.be.