DEVLOPMENT & SEMINARS: 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.
DEVLOPMENT & SEMINARS
Largest movements
- Receivables within one year +€6,000
up €6,000, from €0 to €6,000
- Cash -€5,804
down €5,804 (-34.8%), from €16,665 to €10,861
mainly Receivables within one year (-€6,000) and Net result for the year (-€662)
- Debts after one year +€662
up €662 (+20.4%), from €3,244 to €3,905
- Profit (loss) carried forward -€662
down €662 (-8.0%), from €8,236 to €7,574
- Tax, wage and social debts +€196
up €196 (+25.8%), from €761 to €958
- Gross operating margin +€1,856
up €1,856 (+93.8%), from -€1,979 to -€124
- Taxes +€203
up €203, from -€203 to €0
- Financial charges -€24
down €24 (-14.7%), from €162 to €138
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 | €16,665 | €16,861 | +€196 | +1.2% |
| Current assets | 29/58 | €16,665 | €16,861 | +€196 | +1.2% |
| Amounts receivable within one year | 40/41 | €0 | €6,000 | +€6,000 | |
| Trade receivables | 40 | €0 | €6,000 | +€6,000 | |
| Cash at bank and in hand | 54/58 | €16,665 | €10,861 | -€5,804 | -34.8% |
| Total equity and liabilities | 10/49 | €16,665 | €16,861 | +€196 | +1.2% |
| Equity | 10/15 | €12,660 | €11,998 | -€662 | -5.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €1,424 | €1,424 | = | 0.0% |
| Distributable reserves | 133 | €1,424 | €1,424 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,236 | €7,574 | -€662 | -8.0% |
| Amounts payable | 17/49 | €4,005 | €4,863 | +€858 | +21.4% |
| Amounts payable after more than one year | 17 | €3,244 | €3,905 | +€662 | +20.4% |
| Other amounts payable | 178/9 | €3,244 | €3,905 | +€662 | +20.4% |
| Amounts payable within one year | 42/48 | €761 | €958 | +€196 | +25.8% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €761 | €958 | +€196 | +25.8% |
| Taxes | 450/3 | €761 | €958 | +€196 | +25.8% |
| Remuneration, social security and pensions | 62 | €3 | €0 | -€3 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€1,979 | -€124 | +€1,856 | +93.8% |
| Operating profit (loss) | 9901 | -€2,370 | -€523 | +€1,846 | +77.9% |
| Financial charges | 65/66B | €162 | €138 | -€24 | -14.7% |
| Recurring financial charges | 65 | €162 | €138 | -€24 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,531 | -€662 | +€1,870 | +73.9% |
| Income taxes | 67/77 | -€203 | €0 | +€203 | |
| Profit (loss) for the period | 9904 | -€2,329 | -€662 | +€1,667 | +71.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,329 | -€662 | +€1,667 | +71.6% |
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 8 October 2026 via checked.be.