DEVPOLES: 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.
DEVPOLES
Largest movements
- Receivables within one year +€137,617
up €137,617 (+120.4%), from €114,339 to €251,955
of which Trade receivables: +€139,132
- Cash -€72,770
down €72,770 (-52.0%), from €140,037 to €67,267
mainly Receivables within one year (-€137,617)
- Trade debts +€64,010
up €64,010 (+201.8%), from €31,721 to €95,731
- Purchases and services +€167,518
up €167,518 (+105.3%), from €159,089 to €326,608
- Turnover +€153,619
up €153,619 (+87.4%), from €175,804 to €329,423
- Gross operating margin -€13,899
down €13,899 (-83.2%), from €16,715 to €2,816
- Taxes -€4,310
no longer reported in 2024 (was €4,310)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €254,376 | €319,223 | +€64,847 | +25.5% |
| Current assets | 29/58 | €254,376 | €319,223 | +€64,847 | +25.5% |
| Amounts receivable within one year | 40/41 | €114,339 | €251,955 | +€137,617 | +120.4% |
| Trade receivables | 40 | €70,596 | €209,728 | +€139,132 | +197.1% |
| Other amounts receivable | 41 | €43,742 | €42,227 | -€1,515 | -3.5% |
| Cash at bank and in hand | 54/58 | €140,037 | €67,267 | -€72,770 | -52.0% |
| Total equity and liabilities | 10/49 | €254,376 | €319,223 | +€64,847 | +25.5% |
| Equity | 10/15 | €54,789 | €55,010 | +€221 | +0.4% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Outside capital | 11 | €40,000 | €40,000 | = | 0.0% |
| Other | 1109/19 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €1,479 | €1,501 | +€22 | +1.5% |
| Non-distributable reserves | 130/1 | €1,479 | €1,501 | +€22 | +1.5% |
| Legal reserve | 130 | €1,479 | €1,501 | +€22 | +1.5% |
| Profit (loss) carried forward | 14 | €13,310 | €13,509 | +€199 | +1.5% |
| Amounts payable | 17/49 | €199,587 | €264,213 | +€64,626 | +32.4% |
| Amounts payable within one year | 42/48 | €199,587 | €264,213 | +€64,626 | +32.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €31,721 | €95,731 | +€64,010 | +201.8% |
| Suppliers | 440/4 | €31,721 | €95,731 | +€64,010 | +201.8% |
| Advances received on contracts in progress | 46 | €163,998 | €163,998 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €3,868 | €4,484 | +€616 | +15.9% |
| Taxes | 450/3 | €3,868 | €4,484 | +€616 | +15.9% |
| Turnover | 70 | €175,804 | €329,423 | +€153,619 | +87.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €159,089 | €326,608 | +€167,518 | +105.3% |
| Gross operating margin | 9900 | €16,715 | €2,816 | -€13,899 | -83.2% |
| Operating profit (loss) | 9901 | €16,715 | €2,816 | -€13,899 | -83.2% |
| Financial charges | 65/66B | €216 | €2,595 | +€2,379 | +1100.5% |
| Recurring financial charges | 65 | €216 | €2,595 | +€2,379 | +1100.5% |
| Profit (loss) for the period before taxes | 9903 | €16,499 | €221 | -€16,278 | -98.7% |
| Income taxes | 67/77 | €4,310 | - | -€4,310 | |
| Profit (loss) for the period | 9904 | €12,189 | €221 | -€11,968 | -98.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,189 | €221 | -€11,968 | -98.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.