Development and Parts Services: 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.
Development and Parts Services
Largest movements
- Receivables after one year -€35,051
no longer reported in 2025 (was €35,051)
- Cash +€24,400
up €24,400 (+10.6%), from €230,623 to €255,022
mainly Receivables after one year (+€35,051) and Depreciation (+€8,126)
- Tangible fixed assets -€8,126
down €8,126 (-22.8%), from €35,709 to €27,583
- Receivables within one year +€6,157
up €6,157 (+56.1%), from €10,966 to €17,123
of which Trade receivables: +€6,164
- Profit (loss) carried forward -€13,775
down €13,775 (-4.7%), from €295,359 to €281,584
- Gross operating margin -€3,297
down €3,297, from €642 to -€2,655
- Depreciation +€3,206
up €3,206 (+65.2%), from €4,920 to €8,126
- Other operating charges -€2,424
down €2,424 (-70.6%), from €3,432 to €1,008
- Financial charges +€1,325
up €1,325 (+315%), from €421 to €1,746
- Financial income -€210
down €210 (-16.4%), from €1,285 to €1,075
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 | €313,078 | €300,572 | -€12,506 | -4.0% |
| Fixed assets | 21/28 | €35,709 | €27,583 | -€8,126 | -22.8% |
| Tangible fixed assets | 22/27 | €35,709 | €27,583 | -€8,126 | -22.8% |
| Furniture and vehicles | 24 | €35,709 | €27,583 | -€8,126 | -22.8% |
| Current assets | 29/58 | €277,369 | €272,988 | -€4,381 | -1.6% |
| Amounts receivable after more than one year | 29 | €35,051 | - | -€35,051 | |
| Other amounts receivable | 291 | €35,051 | - | -€35,051 | |
| Amounts receivable within one year | 40/41 | €10,966 | €17,123 | +€6,157 | +56.1% |
| Trade receivables | 40 | €10,837 | €17,001 | +€6,164 | +56.9% |
| Other amounts receivable | 41 | €129 | €123 | -€6 | -4.8% |
| Cash at bank and in hand | 54/58 | €230,623 | €255,022 | +€24,400 | +10.6% |
| Deferred charges and accrued income | 490/1 | €729 | €842 | +€113 | +15.5% |
| Total equity and liabilities | 10/49 | €313,078 | €300,572 | -€12,506 | -4.0% |
| Equity | 10/15 | €309,649 | €295,874 | -€13,775 | -4.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,890 | €1,890 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,890 | €1,890 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,890 | €1,890 | = | 0.0% |
| Profit (loss) carried forward | 14 | €295,359 | €281,584 | -€13,775 | -4.7% |
| Amounts payable | 17/49 | €3,429 | €4,698 | +€1,269 | +37.0% |
| Amounts payable within one year | 42/48 | €3,429 | €4,698 | +€1,269 | +37.0% |
| Trade debts | 44 | €709 | €298 | -€412 | -58.0% |
| Suppliers | 440/4 | €709 | €298 | -€412 | -58.0% |
| Taxes, remuneration and social security | 45 | €720 | €3,517 | +€2,797 | +388% |
| Taxes | 450/3 | €720 | €1,077 | +€357 | +49.5% |
| Remuneration and social security | 454/9 | - | €2,440 | +€2,440 | |
| Other amounts payable | 47/48 | €1,999 | €883 | -€1,116 | -55.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,920 | €8,126 | +€3,206 | +65.2% |
| Other operating charges | 640/8 | €3,432 | €1,008 | -€2,424 | -70.6% |
| Gross operating margin | 9900 | €642 | -€2,655 | -€3,297 | |
| Operating profit (loss) | 9901 | -€7,711 | -€11,789 | -€4,079 | -52.9% |
| Financial income | 75/76B | €1,285 | €1,075 | -€210 | -16.4% |
| Recurring financial income | 75 | €1,285 | €1,075 | -€210 | -16.4% |
| Financial charges | 65/66B | €421 | €1,746 | +€1,325 | +315% |
| Recurring financial charges | 65 | €421 | €1,746 | +€1,325 | +315% |
| Profit (loss) for the period before taxes | 9903 | -€6,846 | -€12,460 | -€5,614 | -82.0% |
| Income taxes | 67/77 | €382 | €482 | +€100 | +26.2% |
| Profit (loss) for the period | 9904 | -€7,228 | -€12,942 | -€5,714 | -79.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,228 | -€12,942 | -€5,714 | -79.0% |
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 30 October 2026 via checked.be.