DEVLUP: 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.
DEVLUP
Largest movements
- Cash -€19,197
down €19,197 (-57.6%), from €33,302 to €14,106
mainly Receivables within one year (-€12,411) and Contributions, distributions and other (-€7,983)
- Receivables within one year +€12,411
up €12,411 (+70.5%), from €17,594 to €30,005
of which Trade receivables: +€11,721
- Tangible fixed assets -€2,284
down €2,284 (-28.8%), from €7,933 to €5,648
of which Furniture and vehicles: -€1,885
- Other debts -€4,586
down €4,586 (-11.6%), from €39,591 to €35,005
- Tax, wage and social debts -€2,704
down €2,704 (-16.1%), from €16,760 to €14,056
of which Taxes: -€3,135
- Trade debts -€1,553
down €1,553 (-98.5%), from €1,576 to €23
- Staff costs +€6,941
up €6,941 (+33.9%), from €20,501 to €27,441
- Depreciation -€5,127
down €5,127 (-56.0%), from €9,147 to €4,020
- Gross operating margin -€1,784
down €1,784 (-3.6%), from €49,129 to €47,345
- Other operating charges +€539
up €539 (+97.1%), from €556 to €1,095
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 | €59,927 | €51,084 | -€8,843 | -14.8% |
| Fixed assets | 21/28 | €7,933 | €5,648 | -€2,284 | -28.8% |
| Tangible fixed assets | 22/27 | €7,933 | €5,648 | -€2,284 | -28.8% |
| Plant, machinery and equipment | 23 | €1,145 | €746 | -€399 | -34.9% |
| Furniture and vehicles | 24 | €6,788 | €4,902 | -€1,885 | -27.8% |
| Current assets | 29/58 | €51,994 | €45,436 | -€6,559 | -12.6% |
| Amounts receivable within one year | 40/41 | €17,594 | €30,005 | +€12,411 | +70.5% |
| Trade receivables | 40 | €17,592 | €29,313 | +€11,721 | +66.6% |
| Other amounts receivable | 41 | €3 | €692 | +€689 | +26104.9% |
| Cash at bank and in hand | 54/58 | €33,302 | €14,106 | -€19,197 | -57.6% |
| Deferred charges and accrued income | 490/1 | €1,098 | €1,325 | +€228 | +20.7% |
| Total equity and liabilities | 10/49 | €59,927 | €51,084 | -€8,843 | -14.8% |
| Equity | 10/15 | €2,000 | €2,000 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Amounts payable | 17/49 | €57,927 | €49,084 | -€8,843 | -15.3% |
| Amounts payable within one year | 42/48 | €57,927 | €49,084 | -€8,843 | -15.3% |
| Trade debts | 44 | €1,576 | €23 | -€1,553 | -98.5% |
| Suppliers | 440/4 | €1,576 | €23 | -€1,553 | -98.5% |
| Taxes, remuneration and social security | 45 | €16,760 | €14,056 | -€2,704 | -16.1% |
| Taxes | 450/3 | €14,358 | €11,223 | -€3,135 | -21.8% |
| Remuneration and social security | 454/9 | €2,402 | €2,833 | +€431 | +17.9% |
| Other amounts payable | 47/48 | €39,591 | €35,005 | -€4,586 | -11.6% |
| Remuneration, social security and pensions | 62 | €20,501 | €27,441 | +€6,941 | +33.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,147 | €4,020 | -€5,127 | -56.0% |
| Other operating charges | 640/8 | €556 | €1,095 | +€539 | +97.1% |
| Gross operating margin | 9900 | €49,129 | €47,345 | -€1,784 | -3.6% |
| Operating profit (loss) | 9901 | €18,925 | €14,788 | -€4,137 | -21.9% |
| Financial income | 75/76B | €0 | €6 | +€6 | +7512.5% |
| Recurring financial income | 75 | €0 | €6 | +€6 | +7512.5% |
| Financial charges | 65/66B | €634 | €503 | -€131 | -20.6% |
| Recurring financial charges | 65 | €634 | €503 | -€131 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €18,292 | €14,291 | -€4,000 | -21.9% |
| Income taxes | 67/77 | €6,611 | €6,308 | -€303 | -4.6% |
| Profit (loss) for the period | 9904 | €11,681 | €7,983 | -€3,698 | -31.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,681 | €7,983 | -€3,698 | -31.7% |
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 5 October 2026 via checked.be.