DEVELOPMENT PRODUCTION TRADE: 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 PRODUCTION TRADE
Largest movements
- Receivables within one year +€44,702
up €44,702 (+1,300%), from €3,440 to €48,142
of which Other amounts receivable: +€42,805
- Cash -€34,128
down €34,128 (-88.9%), from €38,396 to €4,268
mainly Receivables within one year (-€44,702) and Debts after one year (-€15,515)
- Tangible fixed assets -€26,089
down €26,089 (-12.3%), from €211,681 to €185,592
of which Land and buildings: -€25,245
- Debts after one year -€15,515
down €15,515 (-21.7%), from €71,613 to €56,098
- Gross operating margin -€38,201
down €38,201 (-63.5%), from €60,169 to €21,969
- Financial income -€10,000
no longer reported in 2025 (was €10,000)
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 | €266,302 | €250,787 | -€15,515 | -5.8% |
| Fixed assets | 21/28 | €211,681 | €185,592 | -€26,089 | -12.3% |
| Tangible fixed assets | 22/27 | €211,681 | €185,592 | -€26,089 | -12.3% |
| Land and buildings | 22 | €208,391 | €183,146 | -€25,245 | -12.1% |
| Plant, machinery and equipment | 23 | €3,291 | €2,446 | -€844 | -25.7% |
| Current assets | 29/58 | €54,620 | €65,195 | +€10,574 | +19.4% |
| Stocks and contracts in progress | 3 | €12,785 | €12,785 | = | 0.0% |
| Stocks | 30/36 | €12,785 | €12,785 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,440 | €48,142 | +€44,702 | +1,300% |
| Trade receivables | 40 | €3,440 | €5,337 | +€1,897 | +55.2% |
| Other amounts receivable | 41 | - | €42,805 | +€42,805 | |
| Cash at bank and in hand | 54/58 | €38,396 | €4,268 | -€34,128 | -88.9% |
| Total equity and liabilities | 10/49 | €266,302 | €250,787 | -€15,515 | -5.8% |
| Equity | 10/15 | €179,468 | €178,433 | -€1,035 | -0.6% |
| Contributions | 10/11 | €293,600 | €293,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€114,132 | -€115,167 | -€1,035 | -0.9% |
| Amounts payable | 17/49 | €86,834 | €72,354 | -€14,480 | -16.7% |
| Amounts payable after more than one year | 17 | €71,613 | €56,098 | -€15,515 | -21.7% |
| Financial debts | 170/4 | €71,613 | €56,098 | -€15,515 | -21.7% |
| Amounts payable within one year | 42/48 | €15,221 | €16,256 | +€1,035 | +6.8% |
| Current portion of amounts payable after more than one year | 42 | €15,221 | €15,515 | +€295 | +1.9% |
| Trade debts | 44 | - | €740 | +€740 | |
| Suppliers | 440/4 | - | €740 | +€740 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,573 | €15,573 | = | 0.0% |
| Other operating charges | 640/8 | €5,341 | €5,111 | -€230 | -4.3% |
| Gross operating margin | 9900 | €60,169 | €21,969 | -€38,201 | -63.5% |
| Operating profit (loss) | 9901 | €39,255 | €1,285 | -€37,970 | -96.7% |
| Financial income | 75/76B | €10,000 | - | -€10,000 | |
| Recurring financial income | 75 | €10,000 | - | -€10,000 | |
| Financial charges | 65/66B | €2,406 | €2,320 | -€86 | -3.6% |
| Recurring financial charges | 65 | €2,406 | €2,320 | -€86 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | €46,849 | -€1,035 | -€47,884 | |
| Profit (loss) for the period | 9904 | €46,849 | -€1,035 | -€47,884 | |
| Profit (loss) for the period to be appropriated | 9905 | €46,849 | -€1,035 | -€47,884 |
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 13 October 2026 via checked.be.