DevKin: 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.
DevKin
Largest movements
- Tangible fixed assets -€21,185
down €21,185 (-44.0%), from €48,125 to €26,940
of which Plant, machinery and equipment: -€14,533
- Cash -€7,782
down €7,782 (-14.8%), from €52,598 to €44,816
mainly Other debts (-€33,235) and Debts after one year (-€10,196)
- Receivables within one year +€1,958
up €1,958 (+6.7%), from €29,208 to €31,167
of which Trade receivables: +€1,912
- Other debts -€33,235
down €33,235 (-19.7%), from €168,568 to €135,334
- Profit (loss) carried forward +€13,872
up €13,872 (+11.7%), from -€118,114 to -€104,242
- Debts after one year -€10,196
down €10,196 (-17.0%), from €60,107 to €49,911
- Trade debts +€5,852
up €5,852 (+3158.6%), from €185 to €6,037
- Tax, wage and social debts -€1,731
down €1,731 (-16.8%), from €10,302 to €8,571
- Gross operating margin -€45,105
down €45,105 (-55.4%), from €81,352 to €36,247
- Depreciation +€4,096
up €4,096 (+24.0%), from €17,088 to €21,185
- Write-downs -€2,310
down €2,310 (-100.0%), from €2,310 to €0
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 | €150,648 | €124,413 | -€26,234 | -17.4% |
| Fixed assets | 21/28 | €48,125 | €26,940 | -€21,185 | -44.0% |
| Tangible fixed assets | 22/27 | €48,125 | €26,940 | -€21,185 | -44.0% |
| Land and buildings | 22 | €3,062 | €2,533 | -€528 | -17.3% |
| Plant, machinery and equipment | 23 | €16,473 | €1,940 | -€14,533 | -88.2% |
| Furniture and vehicles | 24 | €28,590 | €22,467 | -€6,123 | -21.4% |
| Current assets | 29/58 | €102,523 | €97,473 | -€5,050 | -4.9% |
| Stocks and contracts in progress | 3 | €20,574 | €20,574 | = | 0.0% |
| Stocks | 30/36 | €20,574 | €20,574 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €29,208 | €31,167 | +€1,958 | +6.7% |
| Trade receivables | 40 | €29,208 | €31,121 | +€1,912 | +6.5% |
| Other amounts receivable | 41 | - | €46 | +€46 | |
| Cash at bank and in hand | 54/58 | €52,598 | €44,816 | -€7,782 | -14.8% |
| Deferred charges and accrued income | 490/1 | €143 | €917 | +€774 | +541.8% |
| Total equity and liabilities | 10/49 | €150,648 | €124,413 | -€26,234 | -17.4% |
| Equity | 10/15 | -€99,514 | -€85,642 | +€13,872 | +13.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€118,114 | -€104,242 | +€13,872 | +11.7% |
| Amounts payable | 17/49 | €250,161 | €210,055 | -€40,106 | -16.0% |
| Amounts payable after more than one year | 17 | €60,107 | €49,911 | -€10,196 | -17.0% |
| Financial debts | 170/4 | €60,107 | €49,911 | -€10,196 | -17.0% |
| Amounts payable within one year | 42/48 | €189,106 | €160,138 | -€28,968 | -15.3% |
| Current portion of amounts payable after more than one year | 42 | €10,050 | €10,196 | +€145 | +1.4% |
| Trade debts | 44 | €185 | €6,037 | +€5,852 | +3158.6% |
| Suppliers | 440/4 | €185 | €6,037 | +€5,852 | +3158.6% |
| Taxes, remuneration and social security | 45 | €10,302 | €8,571 | -€1,731 | -16.8% |
| Taxes | 450/3 | €10,302 | €8,571 | -€1,731 | -16.8% |
| Other amounts payable | 47/48 | €168,568 | €135,334 | -€33,235 | -19.7% |
| Accrued charges and deferred income | 492/3 | €948 | €6 | -€942 | -99.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,088 | €21,185 | +€4,096 | +24.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,310 | €0 | -€2,310 | -100.0% |
| Other operating charges | 640/8 | €1,272 | €573 | -€698 | -54.9% |
| Non-recurring operating charges | 66A | €3,124 | €0 | -€3,124 | -100.0% |
| Gross operating margin | 9900 | €81,352 | €36,247 | -€45,105 | -55.4% |
| Operating profit (loss) | 9901 | €57,558 | €14,488 | -€43,069 | -74.8% |
| Financial income | 75/76B | €379 | €337 | -€42 | -11.1% |
| Recurring financial income | 75 | €379 | €337 | -€42 | -11.1% |
| Financial charges | 65/66B | €1,157 | €954 | -€203 | -17.6% |
| Recurring financial charges | 65 | €1,157 | €954 | -€203 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €56,779 | €13,872 | -€42,908 | -75.6% |
| Profit (loss) for the period | 9904 | €56,779 | €13,872 | -€42,908 | -75.6% |
| Profit (loss) for the period to be appropriated | 9905 | €56,779 | €13,872 | -€42,908 | -75.6% |
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 9 October 2026 via checked.be.