Devoteam G Cloud BeLux: 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.
What changed
Devoteam G Cloud BeLux
NACE 62.100, Computer programming
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.8m
2024 · €2.8m-€997,430
Equity
€3.9m
2024 · €2.1m+€1.8m
Cash
€1.9m
2024 · €3.2m-€1.3m
Balance sheet total
€16.5m
2024 · €18.5m-€2.0m
Largest movements
Assets
- Cash -€1.3m
down €1.3m (-39.4%), from €3.2m to €1.9m
mainly Accrued charges and deferred income (-€1.7m) and Other debts (-€1.2m)
- Deferred charges and accrued income -€429,110
down €429,110 (-20.7%), from €2.1m to €1.6m
- Receivables within one year -€281,731
down €281,731 (-2.1%), from €13.1m to €12.8m
of which Trade receivables: -€477,828
Equity and liabilities
- Profit (loss) carried forward +€1.8m
up €1.8m (+89.3%), from €2.0m to €3.8m
- Accrued charges and deferred income -€1.7m
down €1.7m (-56.6%), from €3.0m to €1.3m
- Other debts -€1.2m
down €1.2m (-55.0%), from €2.2m to €999,052
- Trade debts -€670,783
down €670,783 (-7.1%), from €9.5m to €8.8m
Income statement
- Goods and materials +€2.1m
up €2.1m (+162%), from €1.3m to €3.5m
- Services and other goods -€945,761
down €945,761 (-23.6%), from €4.0m to €3.1m
- Taxes -€352,551
down €352,551 (-34.5%), from €1.0m to €668,619
- Staff costs +€329,931
up €329,931 (+5.5%), from €6.0m to €6.3m
- Other operating income +€220,840
up €220,840 (+12.9%), from €1.7m to €1.9m
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.
Result 2024
€2.8m
Turnover
+€14,436
Other operating income
+€220,840
Goods and materials
-€2.1m
Services and other goods
+€945,761
Staff costs
-€329,931
Depreciation
+€16,509
Write-downs
-€5,546
Other operating charges
+€1,355
Other operating items
+€22,157
Financial income
+€106,815
Financial charges
-€193,070
Taxes
+€352,551
Result 2025
€1.8m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
-€1.3m
Investment
-€4,659
Financing
€0
Cash 2024
€3.2m
From operations (derived)
-€1.3m
Net result for the year
+€1.8m
Depreciation
+€16,336
Receivables within one year
+€281,731
Deferred charges and accrued income
+€429,110
Trade debts
-€670,783
Tax, wage and social debts
-€165,410
Other debts
-€1.2m
Accrued charges and deferred income
-€1.7m
Investment (derived)
-€4,659
Investment in fixed assets (net)
-€4,659
Cash 2025
€1.9m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,493,147 | €16,503,813 | -€2.0m | -10.8% |
| Fixed assets | 21/28 | €92,678 | €81,001 | -€11,677 | -12.6% |
| Tangible fixed assets | 22/27 | €38,233 | €29,341 | -€8,892 | -23.3% |
| Plant, machinery and equipment | 23 | €35,118 | €26,860 | -€8,258 | -23.5% |
| Furniture and vehicles | 24 | €3,115 | €2,481 | -€634 | -20.3% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €54,445 | €51,660 | -€2,785 | -5.1% |
| Other financial fixed assets | 284/8 | €54,445 | €51,660 | -€2,785 | -5.1% |
| Amounts receivable and cash guarantees | 285/8 | €54,445 | €51,660 | -€2,785 | -5.1% |
| Current assets | 29/58 | €18,400,470 | €16,422,812 | -€2.0m | -10.7% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €13,108,708 | €12,826,977 | -€281,731 | -2.1% |
| Trade receivables | 40 | €12,230,631 | €11,752,803 | -€477,828 | -3.9% |
| Other amounts receivable | 41 | €878,077 | €1,074,174 | +€196,098 | +22.3% |
| Cash at bank and in hand | 54/58 | €3,215,242 | €1,948,425 | -€1.3m | -39.4% |
| Deferred charges and accrued income | 490/1 | €2,076,520 | €1,647,410 | -€429,110 | -20.7% |
| Total equity and liabilities | 10/49 | €18,493,147 | €16,503,813 | -€2.0m | -10.8% |
| Equity | 10/15 | €2,123,308 | €3,899,074 | +€1.8m | +83.6% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €126,617 | €126,617 | = | 0.0% |
| Distributable reserves | 133 | €126,617 | €126,617 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,988,690 | €3,764,456 | +€1.8m | +89.3% |
| Amounts payable | 17/49 | €16,369,840 | €12,604,740 | -€3.8m | -23.0% |
| Amounts payable within one year | 42/48 | €13,348,457 | €11,292,759 | -€2.1m | -15.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €9,453,418 | €8,782,635 | -€670,783 | -7.1% |
| Suppliers | 440/4 | €9,453,418 | €8,782,635 | -€670,783 | -7.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €1,676,482 | €1,511,072 | -€165,410 | -9.9% |
| Taxes | 450/3 | €884,296 | €504,596 | -€379,700 | -42.9% |
| Remuneration and social security | 454/9 | €792,187 | €1,006,476 | +€214,289 | +27.1% |
| Other amounts payable | 47/48 | €2,218,557 | €999,052 | -€1.2m | -55.0% |
| Accrued charges and deferred income | 492/3 | €3,021,383 | €1,311,981 | -€1.7m | -56.6% |
| Operating income | 70/76A | €15,245,120 | €15,480,396 | +€235,276 | +1.5% |
| Turnover | 70 | €13,533,328 | €13,547,764 | +€14,436 | +0.1% |
| Other operating income | 74 | €1,711,792 | €1,932,632 | +€220,840 | +12.9% |
| Operating charges | 60/66A | €11,358,121 | €12,857,124 | +€1.5m | +13.2% |
| Goods for resale, raw materials and consumables | 60 | €1,328,837 | €3,478,145 | +€2.1m | +162% |
| Purchases | 600/8 | €1,328,837 | €3,478,145 | +€2.1m | +162% |
| Services and other goods | 61 | €4,001,040 | €3,055,279 | -€945,761 | -23.6% |
| Remuneration, social security and pensions | 62 | €5,965,476 | €6,295,407 | +€329,931 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,844 | €16,336 | -€16,509 | -50.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,171 | €7,717 | +€5,546 | +255% |
| Other operating charges | 640/8 | €5,595 | €4,240 | -€1,355 | -24.2% |
| Non-recurring operating charges | 66A | €22,157 | €0 | -€22,157 | -100% |
| Operating profit (loss) | 9901 | €3,886,999 | €2,623,272 | -€1.3m | -32.5% |
| Financial income | 75/76B | €128,075 | €234,890 | +€106,815 | +83.4% |
| Recurring financial income | 75 | €128,075 | €234,890 | +€106,815 | +83.4% |
| Other financial income | 752/9 | €128,075 | €234,890 | +€106,815 | +83.4% |
| Financial charges | 65/66B | €220,707 | €413,777 | +€193,070 | +87.5% |
| Recurring financial charges | 65 | €220,707 | €413,777 | +€193,070 | +87.5% |
| Debt charges | 650 | €48,978 | €45,818 | -€3,160 | -6.5% |
| Other financial charges | 652/9 | €171,729 | €367,959 | +€196,230 | +114% |
| Profit (loss) for the period before taxes | 9903 | €3,794,367 | €2,444,385 | -€1.3m | -35.6% |
| Income taxes | 67/77 | €1,021,171 | €668,619 | -€352,551 | -34.5% |
| Taxes | 670/3 | €1,021,171 | €668,619 | -€352,551 | -34.5% |
| Profit (loss) for the period | 9904 | €2,773,196 | €1,775,766 | -€997,430 | -36.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,773,196 | €1,775,766 | -€997,430 | -36.0% |
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 13 October 2026 via checked.be.