DEVELOPPEMENT CREATION & ADMINISTRATION: what changed
DEVELOPPEMENT CREATION & ADMINISTRATION
Largest movements
- Cash -€27,100
down €27,100 (-47.6%), from €56,970 to €29,870
mainly Other debts (-€25,921) and Trade debts (-€3,229)
- Tangible fixed assets -€2,346
down €2,346 (-45.8%), from €5,119 to €2,774
- Receivables within one year +€1,231
up €1,231 (+5.6%), from €22,132 to €23,363
of which Other amounts receivable: +€2,368
- Deferred charges and accrued income +€1,212
up €1,212 (+116%), from €1,049 to €2,261
- Other debts -€25,921
down €25,921 (-26.0%), from €99,835 to €73,914
- Profit (loss) carried forward +€5,113
up €5,113 (+8.7%), from -€58,683 to -€53,570
- Trade debts -€3,229
down €3,229 (-90.1%), from €3,584 to €355
- Current portion of long-term debt -€2,816
down €2,816 (-100%), from €2,816 to €0
- Gross operating margin +€16,817
up €16,817 (+35.5%), from €47,415 to €64,233
- Staff costs -€8,292
down €8,292 (-100%), from €8,292 to €0
- Depreciation -€1,983
down €1,983 (-31.9%), from €6,213 to €4,230
- Financial charges -€1,891
down €1,891 (-3.5%), from €54,026 to €52,135
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €85,420 | €58,417 | -€27,002 | -31.6% |
| Fixed assets | 21/28 | €5,269 | €2,924 | -€2,346 | -44.5% |
| Tangible fixed assets | 22/27 | €5,119 | €2,774 | -€2,346 | -45.8% |
| Furniture and vehicles | 24 | €5,119 | €2,774 | -€2,346 | -45.8% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €80,150 | €55,493 | -€24,657 | -30.8% |
| Amounts receivable within one year | 40/41 | €22,132 | €23,363 | +€1,231 | +5.6% |
| Trade receivables | 40 | €15,173 | €14,036 | -€1,137 | -7.5% |
| Other amounts receivable | 41 | €6,959 | €9,326 | +€2,368 | +34.0% |
| Cash at bank and in hand | 54/58 | €56,970 | €29,870 | -€27,100 | -47.6% |
| Deferred charges and accrued income | 490/1 | €1,049 | €2,261 | +€1,212 | +116% |
| Total equity and liabilities | 10/49 | €85,420 | €58,417 | -€27,002 | -31.6% |
| Equity | 10/15 | -€25,756 | -€20,643 | +€5,113 | +19.9% |
| Contributions | 10/11 | €22,400 | €22,400 | = | 0.0% |
| Reserves | 13 | €10,527 | €10,527 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,240 | €2,240 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,240 | €2,240 | = | 0.0% |
| Distributable reserves | 133 | €8,287 | €8,287 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,683 | -€53,570 | +€5,113 | +8.7% |
| Amounts payable | 17/49 | €111,176 | €79,061 | -€32,115 | -28.9% |
| Amounts payable within one year | 42/48 | €111,176 | €79,061 | -€32,115 | -28.9% |
| Current portion of amounts payable after more than one year | 42 | €2,816 | €0 | -€2,816 | -100% |
| Trade debts | 44 | €3,584 | €355 | -€3,229 | -90.1% |
| Suppliers | 440/4 | €3,584 | €355 | -€3,229 | -90.1% |
| Taxes, remuneration and social security | 45 | €4,941 | €4,793 | -€149 | -3.0% |
| Taxes | 450/3 | €4,941 | €4,793 | -€149 | -3.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €99,835 | €73,914 | -€25,921 | -26.0% |
| Remuneration, social security and pensions | 62 | €8,292 | €0 | -€8,292 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,213 | €4,230 | -€1,983 | -31.9% |
| Other operating charges | 640/8 | €3,094 | €2,523 | -€570 | -18.4% |
| Gross operating margin | 9900 | €47,415 | €64,233 | +€16,817 | +35.5% |
| Operating profit (loss) | 9901 | €29,817 | €57,480 | +€27,662 | +92.8% |
| Financial income | 75/76B | €136 | €113 | -€23 | -16.8% |
| Recurring financial income | 75 | €136 | €113 | -€23 | -16.8% |
| Financial charges | 65/66B | €54,026 | €52,135 | -€1,891 | -3.5% |
| Recurring financial charges | 65 | €54,026 | €52,135 | -€1,891 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | -€24,072 | €5,458 | +€29,531 | |
| Income taxes | 67/77 | €369 | €346 | -€24 | -6.4% |
| Profit (loss) for the period | 9904 | -€24,442 | €5,113 | +€29,554 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,442 | €5,113 | +€29,554 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.