DEVOKODE: 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.
DEVOKODE
Largest movements
- Receivables within one year +€227,335
up €227,335 (+667.2%), from €34,075 to €261,410
of which Other amounts receivable: +€248,192
- Cash -€124,675
down €124,675 (-54.5%), from €228,884 to €104,208
mainly Receivables within one year (-€227,335) and Contributions, distributions and other (-€30,000)
- Profit (loss) carried forward +€101,037
up €101,037 (+46.4%), from €217,850 to €318,887
- Other debts +€25,576
up €25,576 (+578.1%), from €4,424 to €30,000
- Tax, wage and social debts -€24,163
down €24,163 (-60.3%), from €40,085 to €15,922
- Gross operating margin +€65,335
up €65,335 (+63.4%), from €103,061 to €168,395
- Taxes +€12,901
up €12,901 (+62.3%), from €20,721 to €33,622
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 | €266,207 | €368,437 | +€102,229 | +38.4% |
| Fixed assets | 21/28 | €3,248 | €2,819 | -€430 | -13.2% |
| Tangible fixed assets | 22/27 | €3,248 | €2,819 | -€430 | -13.2% |
| Furniture and vehicles | 24 | €3,248 | €2,819 | -€430 | -13.2% |
| Current assets | 29/58 | €262,959 | €365,618 | +€102,659 | +39.0% |
| Amounts receivable within one year | 40/41 | €34,075 | €261,410 | +€227,335 | +667.2% |
| Trade receivables | 40 | €34,075 | €13,217 | -€20,858 | -61.2% |
| Other amounts receivable | 41 | - | €248,192 | +€248,192 | |
| Cash at bank and in hand | 54/58 | €228,884 | €104,208 | -€124,675 | -54.5% |
| Total equity and liabilities | 10/49 | €266,207 | €368,437 | +€102,229 | +38.4% |
| Equity | 10/15 | €219,600 | €320,637 | +€101,037 | +46.0% |
| Contributions | 10/11 | €1,750 | €1,750 | = | 0.0% |
| Outside capital | 11 | €1,750 | - | -€1,750 | |
| Other | 1109/19 | €1,750 | - | -€1,750 | |
| Profit (loss) carried forward | 14 | €217,850 | €318,887 | +€101,037 | +46.4% |
| Amounts payable | 17/49 | €46,607 | €47,800 | +€1,193 | +2.6% |
| Amounts payable within one year | 42/48 | €46,607 | €47,800 | +€1,193 | +2.6% |
| Trade debts | 44 | €2,098 | €1,878 | -€220 | -10.5% |
| Suppliers | 440/4 | €2,098 | €1,878 | -€220 | -10.5% |
| Taxes, remuneration and social security | 45 | €40,085 | €15,922 | -€24,163 | -60.3% |
| Taxes | 450/3 | €40,085 | €15,922 | -€24,163 | -60.3% |
| Other amounts payable | 47/48 | €4,424 | €30,000 | +€25,576 | +578.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,199 | €1,503 | +€304 | +25.4% |
| Other operating charges | 640/8 | €1,714 | €1,045 | -€669 | -39.0% |
| Gross operating margin | 9900 | €103,061 | €168,395 | +€65,335 | +63.4% |
| Operating profit (loss) | 9901 | €100,148 | €165,847 | +€65,699 | +65.6% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €195 | €1,192 | +€997 | +510.6% |
| Recurring financial charges | 65 | €195 | €1,192 | +€997 | +510.6% |
| Profit (loss) for the period before taxes | 9903 | €99,952 | €164,659 | +€64,707 | +64.7% |
| Income taxes | 67/77 | €20,721 | €33,622 | +€12,901 | +62.3% |
| Profit (loss) for the period | 9904 | €79,231 | €131,037 | +€51,806 | +65.4% |
| Profit (loss) for the period to be appropriated | 9905 | €79,231 | €131,037 | +€51,806 | +65.4% |
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.