Devgenix: 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.
Devgenix
Largest movements
- Receivables within one year +€95,170
up €95,170 (+114%), from €83,635 to €178,806
of which Other amounts receivable: +€49,826
- Cash -€47,879
down €47,879 (-53.8%), from €89,069 to €41,190
mainly Receivables within one year (-€95,170) and Investment in fixed assets (net) (-€9,673)
- Other debts +€70,895
up €70,895 (+79.5%), from €89,164 to €160,059
- Tax, wage and social debts -€8,461
down €8,461 (-7.7%), from €110,598 to €102,137
of which Taxes: -€28,140
- Debts after one year -€8,000
down €8,000 (-32.4%), from €24,667 to €16,667
- Provisions -€7,325
down €7,325 (-50.7%), from €14,441 to €7,117
- Staff costs +€80,295
up €80,295 (+15.8%), from €507,364 to €587,660
- Gross operating margin +€68,353
up €68,353 (+12.9%), from €530,830 to €599,183
- Provisions -€14,441
down €14,441 (-100%), from €14,441 to €0
- Other operating charges -€10,315
down €10,315 (-96.3%), from €10,715 to €400
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €256,135 | €307,030 | +€50,896 | +19.9% |
| Fixed assets | 21/28 | €80,089 | €81,307 | +€1,217 | +1.5% |
| Tangible fixed assets | 22/27 | €80,089 | €81,307 | +€1,217 | +1.5% |
| Land and buildings | 22 | €71,291 | €67,541 | -€3,750 | -5.3% |
| Furniture and vehicles | 24 | €8,643 | €13,766 | +€5,123 | +59.3% |
| Other tangible fixed assets | 26 | €156 | €0 | -€156 | -100% |
| Current assets | 29/58 | €176,045 | €225,724 | +€49,678 | +28.2% |
| Amounts receivable within one year | 40/41 | €83,635 | €178,806 | +€95,170 | +114% |
| Trade receivables | 40 | €83,635 | €128,979 | +€45,344 | +54.2% |
| Other amounts receivable | 41 | - | €49,826 | +€49,826 | |
| Cash at bank and in hand | 54/58 | €89,069 | €41,190 | -€47,879 | -53.8% |
| Deferred charges and accrued income | 490/1 | €3,341 | €5,728 | +€2,387 | +71.5% |
| Total equity and liabilities | 10/49 | €256,135 | €307,030 | +€50,896 | +19.9% |
| Equity | 10/15 | €5,518 | €5,474 | -€44 | -0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,082 | -€13,126 | -€44 | -0.3% |
| Provisions and deferred taxes | 16 | €14,441 | €7,117 | -€7,325 | -50.7% |
| Provisions for liabilities and charges | 160/5 | €14,441 | €7,117 | -€7,325 | -50.7% |
| Environmental obligations | 163 | - | €0 | = | |
| Other liabilities and charges | 164/5 | €14,441 | €7,117 | -€7,325 | -50.7% |
| Amounts payable | 17/49 | €236,176 | €294,440 | +€58,264 | +24.7% |
| Amounts payable after more than one year | 17 | €24,667 | €16,667 | -€8,000 | -32.4% |
| Financial debts | 170/4 | €24,667 | €16,667 | -€8,000 | -32.4% |
| Amounts payable within one year | 42/48 | €210,109 | €274,273 | +€64,164 | +30.5% |
| Current portion of amounts payable after more than one year | 42 | €8,000 | €8,000 | +€0 | 0.0% |
| Trade debts | 44 | €2,348 | €4,077 | +€1,730 | +73.7% |
| Suppliers | 440/4 | €2,348 | €4,077 | +€1,730 | +73.7% |
| Taxes, remuneration and social security | 45 | €110,598 | €102,137 | -€8,461 | -7.7% |
| Taxes | 450/3 | €32,697 | €4,558 | -€28,140 | -86.1% |
| Remuneration and social security | 454/9 | €77,900 | €97,579 | +€19,679 | +25.3% |
| Other amounts payable | 47/48 | €89,164 | €160,059 | +€70,895 | +79.5% |
| Accrued charges and deferred income | 492/3 | €1,400 | €3,500 | +€2,100 | +150% |
| Non-recurring operating income | 76A | - | €7,325 | +€7,325 | |
| Remuneration, social security and pensions | 62 | €507,364 | €587,660 | +€80,295 | +15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,237 | €8,456 | +€1,219 | +16.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €14,441 | €0 | -€14,441 | -100% |
| Other operating charges | 640/8 | €10,715 | €400 | -€10,315 | -96.3% |
| Gross operating margin | 9900 | €530,830 | €599,183 | +€68,353 | +12.9% |
| Operating profit (loss) | 9901 | -€8,927 | €2,668 | +€11,594 | |
| Financial income | 75/76B | €0 | €1 | +€1 | |
| Recurring financial income | 75 | €0 | €1 | +€1 | |
| Financial charges | 65/66B | €1,531 | €1,686 | +€155 | +10.1% |
| Recurring financial charges | 65 | €1,531 | €1,686 | +€155 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | -€10,457 | €983 | +€11,440 | |
| Income taxes | 67/77 | €226 | €1,027 | +€801 | +354% |
| Profit (loss) for the period | 9904 | -€10,683 | -€44 | +€10,640 | +99.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,683 | -€44 | +€10,640 | +99.6% |
Source: filed annual accounts (NBB), financial years ended 28 February 2025 and 28 February 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.