DEVELOPMENT & NETWORK SOLUTION: 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.
DEVELOPMENT & NETWORK SOLUTION
Largest movements
- Cash -€7,955
down €7,955 (-92.1%), from €8,633 to €679
mainly Tax, wage and social debts (-€4,365) and Receivables within one year (-€3,385)
- Receivables within one year +€3,385
up €3,385 (+57.3%), from €5,912 to €9,297
of which Trade receivables: +€3,341
- Tangible fixed assets -€1,521
down €1,521 (-48.8%), from €3,119 to €1,598
of which Other tangible fixed assets: -€799
- Deferred charges and accrued income -€1,222
down €1,222 (-61.1%), from €2,001 to €779
- Tax, wage and social debts -€4,365
down €4,365 (-71.3%), from €6,119 to €1,754
- Trade debts -€2,242
down €2,242 (-66.6%), from €3,367 to €1,125
- Profit (loss) carried forward -€1,065
down €1,065 (-9.4%), from -€11,277 to -€12,342
- Other debts +€359
up €359 (+32.6%), from €1,104 to €1,463
- Purchases and services -€18,358
down €18,358 (-18.7%), from €98,279 to €79,921
- Turnover -€16,347
down €16,347 (-16.2%), from €100,809 to €84,462
- Gross operating margin +€2,010
up €2,010 (+79.4%), from €2,531 to €4,541
- Depreciation -€1,740
down €1,740 (-53.3%), from €3,261 to €1,521
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.
Cash bridge derived
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 | €19,718 | €12,405 | -€7,313 | -37.1% |
| Fixed assets | 21/28 | €3,172 | €1,650 | -€1,521 | -48.0% |
| Tangible fixed assets | 22/27 | €3,119 | €1,598 | -€1,521 | -48.8% |
| Plant, machinery and equipment | 23 | €723 | - | -€723 | |
| Other tangible fixed assets | 26 | €2,396 | €1,598 | -€799 | -33.3% |
| Financial fixed assets | 28 | €53 | €53 | = | 0.0% |
| Current assets | 29/58 | €16,547 | €10,755 | -€5,791 | -35.0% |
| Amounts receivable within one year | 40/41 | €5,912 | €9,297 | +€3,385 | +57.3% |
| Trade receivables | 40 | €4,806 | €8,147 | +€3,341 | +69.5% |
| Other amounts receivable | 41 | €1,106 | €1,150 | +€44 | +4.0% |
| Cash at bank and in hand | 54/58 | €8,633 | €679 | -€7,955 | -92.1% |
| Deferred charges and accrued income | 490/1 | €2,001 | €779 | -€1,222 | -61.1% |
| Total equity and liabilities | 10/49 | €19,718 | €12,405 | -€7,313 | -37.1% |
| Equity | 10/15 | €9,128 | €8,063 | -€1,065 | -11.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,277 | -€12,342 | -€1,065 | -9.4% |
| Amounts payable | 17/49 | €10,590 | €4,342 | -€6,248 | -59.0% |
| Amounts payable within one year | 42/48 | €10,590 | €4,342 | -€6,248 | -59.0% |
| Trade debts | 44 | €3,367 | €1,125 | -€2,242 | -66.6% |
| Suppliers | 440/4 | €3,367 | €1,125 | -€2,242 | -66.6% |
| Taxes, remuneration and social security | 45 | €6,119 | €1,754 | -€4,365 | -71.3% |
| Taxes | 450/3 | €6,119 | €1,754 | -€4,365 | -71.3% |
| Other amounts payable | 47/48 | €1,104 | €1,463 | +€359 | +32.6% |
| Turnover | 70 | €100,809 | €84,462 | -€16,347 | -16.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €98,279 | €79,921 | -€18,358 | -18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,261 | €1,521 | -€1,740 | -53.3% |
| Other operating charges | 640/8 | €1,867 | €1,776 | -€91 | -4.9% |
| Gross operating margin | 9900 | €2,531 | €4,541 | +€2,010 | +79.4% |
| Operating profit (loss) | 9901 | -€2,597 | €1,244 | +€3,841 | |
| Financial charges | 65/66B | €1,434 | €1,555 | +€122 | +8.5% |
| Recurring financial charges | 65 | €1,434 | €1,555 | +€122 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,031 | -€312 | +€3,719 | +92.3% |
| Income taxes | 67/77 | €419 | €754 | +€335 | +80.1% |
| Profit (loss) for the period | 9904 | -€4,449 | -€1,065 | +€3,384 | +76.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,449 | -€1,065 | +€3,384 | +76.1% |
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 4 October 2026 via checked.be.