DEVELTECH: 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.
DEVELTECH
Largest movements
- Cash +€13,461
up €13,461 (+528%), from €2,552 to €16,013
mainly Trade debts (+€8,720) and Depreciation (+€2,102)
- Tangible fixed assets -€1,681
down €1,681 (-35.1%), from €4,791 to €3,110
of which Plant, machinery and equipment: -€896
- Receivables within one year -€1,633
down €1,633 (-2.3%), from €72,006 to €70,373
of which Trade receivables: -€12,984
- Trade debts +€8,720
up €8,720 (+31.4%), from €27,808 to €36,528
- Gross operating margin -€2,876
down €2,876 (-41.0%), from €7,013 to €4,137
- Depreciation -€307
down €307 (-12.8%), from €2,409 to €2,102
- Financial charges -€132
down €132 (-12.9%), from €1,024 to €892
- Financial income +€98
new in 2025: €98
- Other operating charges -€89
down €89 (-19.5%), from €457 to €368
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 | €84,029 | €93,166 | +€9,136 | +10.9% |
| Fixed assets | 21/28 | €6,152 | €4,050 | -€2,102 | -34.2% |
| Intangible fixed assets | 21 | €1,261 | €840 | -€420 | -33.3% |
| Tangible fixed assets | 22/27 | €4,791 | €3,110 | -€1,681 | -35.1% |
| Plant, machinery and equipment | 23 | €3,256 | €2,360 | -€896 | -27.5% |
| Furniture and vehicles | 24 | €1,535 | €750 | -€785 | -51.1% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €77,878 | €89,115 | +€11,238 | +14.4% |
| Stocks and contracts in progress | 3 | €598 | - | -€598 | |
| Stocks | 30/36 | €598 | - | -€598 | |
| Amounts receivable within one year | 40/41 | €72,006 | €70,373 | -€1,633 | -2.3% |
| Trade receivables | 40 | €60,707 | €47,722 | -€12,984 | -21.4% |
| Other amounts receivable | 41 | €11,299 | €22,651 | +€11,352 | +100% |
| Cash at bank and in hand | 54/58 | €2,552 | €16,013 | +€13,461 | +528% |
| Deferred charges and accrued income | 490/1 | €2,721 | €2,729 | +€8 | +0.3% |
| Total equity and liabilities | 10/49 | €84,029 | €93,166 | +€9,136 | +10.9% |
| Equity | 10/15 | €53,138 | €54,012 | +€874 | +1.6% |
| Contributions | 10/11 | €6,523 | €6,523 | = | 0.0% |
| Reserves | 13 | €44,790 | €44,790 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €42,890 | €42,890 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,826 | €2,700 | +€874 | +47.9% |
| Amounts payable | 17/49 | €30,891 | €39,153 | +€8,263 | +26.7% |
| Amounts payable within one year | 42/48 | €30,891 | €39,153 | +€8,263 | +26.7% |
| Trade debts | 44 | €27,808 | €36,528 | +€8,720 | +31.4% |
| Suppliers | 440/4 | €27,808 | €36,528 | +€8,720 | +31.4% |
| Taxes, remuneration and social security | 45 | €3,083 | €2,625 | -€458 | -14.9% |
| Taxes | 450/3 | €3,083 | €2,625 | -€458 | -14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,409 | €2,102 | -€307 | -12.8% |
| Other operating charges | 640/8 | €457 | €368 | -€89 | -19.5% |
| Gross operating margin | 9900 | €7,013 | €4,137 | -€2,876 | -41.0% |
| Operating profit (loss) | 9901 | €4,148 | €1,668 | -€2,480 | -59.8% |
| Financial income | 75/76B | - | €98 | +€98 | |
| Recurring financial income | 75 | - | €98 | +€98 | |
| Financial charges | 65/66B | €1,024 | €892 | -€132 | -12.9% |
| Recurring financial charges | 65 | €1,024 | €892 | -€132 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €3,124 | €874 | -€2,250 | -72.0% |
| Profit (loss) for the period | 9904 | €3,124 | €874 | -€2,250 | -72.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,124 | €874 | -€2,250 | -72.0% |
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 15 October 2026 via checked.be.