DEVELTER: 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.
DEVELTER
Largest movements
- Current investments +€44,827
up €44,827 (+126.0%), from €35,589 to €80,416
- Receivables within one year -€8,525
down €8,525 (-26.1%), from €32,624 to €24,099
of which Trade receivables: -€4,300
- Profit (loss) carried forward +€37,733
up €37,733, from -€1,418 to €36,315
- Accrued charges and deferred income -€1,274
no longer reported in 2025 (was €1,274)
- Turnover +€45,681
up €45,681 (+103.1%), from €44,319 to €90,000
- Gross operating margin +€40,972
up €40,972, from -€2,424 to €38,548
- Purchases and services +€4,709
up €4,709 (+10.1%), from €46,743 to €51,452
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €68,213 | €104,515 | +€36,302 | +53.2% |
| Current assets | 29/58 | €68,213 | €104,515 | +€36,302 | +53.2% |
| Amounts receivable within one year | 40/41 | €32,624 | €24,099 | -€8,525 | -26.1% |
| Trade receivables | 40 | €4,300 | - | -€4,300 | |
| Other amounts receivable | 41 | €28,324 | €24,099 | -€4,225 | -14.9% |
| Current investments | 50/53 | €35,589 | €80,416 | +€44,827 | +126.0% |
| Total equity and liabilities | 10/49 | €68,213 | €104,515 | +€36,302 | +53.2% |
| Equity | 10/15 | €66,782 | €104,515 | +€37,733 | +56.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,418 | €36,315 | +€37,733 | |
| Amounts payable | 17/49 | €1,431 | - | -€1,431 | |
| Amounts payable within one year | 42/48 | €157 | - | -€157 | |
| Trade debts | 44 | €157 | - | -€157 | |
| Suppliers | 440/4 | €157 | - | -€157 | |
| Accrued charges and deferred income | 492/3 | €1,274 | - | -€1,274 | |
| Turnover | 70 | €44,319 | €90,000 | +€45,681 | +103.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €46,743 | €51,452 | +€4,709 | +10.1% |
| Other operating charges | 640/8 | €877 | €710 | -€167 | -19.0% |
| Gross operating margin | 9900 | -€2,424 | €38,548 | +€40,972 | |
| Operating profit (loss) | 9901 | -€3,301 | €37,838 | +€41,139 | |
| Financial charges | 65/66B | €105 | €105 | = | 0.0% |
| Recurring financial charges | 65 | €105 | €105 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,406 | €37,733 | +€41,139 | |
| Profit (loss) for the period | 9904 | -€3,406 | €37,733 | +€41,139 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,406 | €37,733 | +€41,139 |
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 3 October 2026 via checked.be.