DEVGEM: 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.
DEVGEM
Largest movements
- Cash +€44,824
up €44,824 (+347.8%), from €12,886 to €57,710
mainly Net result for the year (+€28,577) and Receivables within one year (+€17,014)
- Receivables within one year -€17,014
down €17,014 (-10.9%), from €155,501 to €138,487
of which Trade receivables: -€15,659
- Tangible fixed assets -€2,405
down €2,405 (-44.8%), from €5,371 to €2,966
of which Furniture and vehicles: -€2,405
- Tax, wage and social debts +€13,672
up €13,672 (+455.3%), from €3,003 to €16,675
- Reserves +€8,409
up €8,409 (+5.7%), from €148,730 to €157,139
of which Distributable reserves: +€10,269
- Trade debts +€3,363
up €3,363 (+72.4%), from €4,646 to €8,009
- Gross operating margin +€31,362
up €31,362 (+330.7%), from €9,483 to €40,845
- Taxes +€8,964
up €8,964 (+255.2%), from €3,512 to €12,476
- Depreciation -€1,935
down €1,935 (-44.6%), from €4,340 to €2,405
- Other operating charges +€430
up €430 (+51.9%), from €828 to €1,258
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 | €174,979 | €200,423 | +€25,444 | +14.5% |
| Fixed assets | 21/28 | €5,621 | €3,216 | -€2,405 | -42.8% |
| Tangible fixed assets | 22/27 | €5,371 | €2,966 | -€2,405 | -44.8% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €4,521 | €2,116 | -€2,405 | -53.2% |
| Leasing and similar rights | 25 | - | €0 | = | |
| Other tangible fixed assets | 26 | €850 | €850 | = | 0.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €169,358 | €197,207 | +€27,849 | +16.4% |
| Amounts receivable within one year | 40/41 | €155,501 | €138,487 | -€17,014 | -10.9% |
| Trade receivables | 40 | €48,785 | €33,126 | -€15,659 | -32.1% |
| Other amounts receivable | 41 | €106,716 | €105,361 | -€1,355 | -1.3% |
| Cash at bank and in hand | 54/58 | €12,886 | €57,710 | +€44,824 | +347.8% |
| Deferred charges and accrued income | 490/1 | €970 | €1,010 | +€40 | +4.1% |
| Total equity and liabilities | 10/49 | €174,979 | €200,423 | +€25,444 | +14.5% |
| Equity | 10/15 | €167,330 | €175,739 | +€8,409 | +5.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €148,730 | €157,139 | +€8,409 | +5.7% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €146,870 | €157,139 | +€10,269 | +7.0% |
| Amounts payable | 17/49 | €7,649 | €24,684 | +€17,035 | +222.7% |
| Amounts payable within one year | 42/48 | €7,649 | €24,684 | +€17,035 | +222.7% |
| Trade debts | 44 | €4,646 | €8,009 | +€3,363 | +72.4% |
| Suppliers | 440/4 | €4,646 | €8,009 | +€3,363 | +72.4% |
| Taxes, remuneration and social security | 45 | €3,003 | €16,675 | +€13,672 | +455.3% |
| Taxes | 450/3 | €3,003 | €16,675 | +€13,672 | +455.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,340 | €2,405 | -€1,935 | -44.6% |
| Other operating charges | 640/8 | €828 | €1,258 | +€430 | +51.9% |
| Gross operating margin | 9900 | €9,483 | €40,845 | +€31,362 | +330.7% |
| Operating profit (loss) | 9901 | €4,314 | €37,182 | +€32,868 | +761.9% |
| Financial income | 75/76B | €4,793 | €4,384 | -€408 | -8.5% |
| Recurring financial income | 75 | €4,793 | €4,384 | -€408 | -8.5% |
| Financial charges | 65/66B | €541 | €513 | -€28 | -5.2% |
| Recurring financial charges | 65 | €541 | €513 | -€28 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €8,565 | €41,053 | +€32,488 | +379.3% |
| Income taxes | 67/77 | €3,512 | €12,476 | +€8,964 | +255.2% |
| Profit (loss) for the period | 9904 | €5,053 | €28,577 | +€23,524 | +465.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,053 | €28,577 | +€23,524 | +465.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.