DEVSIDE: 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.
DEVSIDE
Largest movements
- Cash +€313,188
up €313,188 (+23780.4%), from €1,317 to €314,505
mainly Current investments (+€268,688) and Net result for the year (+€248,173)
- Current investments -€268,688
no longer reported in 2025 (was €268,688)
- Tangible fixed assets +€86,007
up €86,007 (+46.7%), from €183,985 to €269,992
of which Furniture and vehicles: +€67,608
- Receivables within one year +€74,297
up €74,297 (+131.6%), from €56,453 to €130,750
of which Other amounts receivable: +€55,298
- Reserves +€248,173
up €248,173 (+13342.6%), from €1,860 to €250,033
of which Distributable reserves: +€248,173
- Trade debts -€76,575
down €76,575 (-74.0%), from €103,411 to €26,836
- Tax, wage and social debts +€33,138
up €33,138 (+39.9%), from €83,132 to €116,270
- Current portion of long-term debt -€26,938
down €26,938 (-46.8%), from €57,511 to €30,573
- Debts after one year +€21,603
up €21,603 (+33.5%), from €64,442 to €86,045
- Gross operating margin +€244,965
up €244,965 (+133.4%), from €183,656 to €428,621
- Taxes +€89,775
up €89,775 (+292.6%), from €30,686 to €120,461
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 | €1,017,011 | €1,215,694 | +€198,683 | +19.5% |
| Fixed assets | 21/28 | €460,668 | €546,675 | +€86,007 | +18.7% |
| Tangible fixed assets | 22/27 | €183,985 | €269,992 | +€86,007 | +46.7% |
| Land and buildings | 22 | €64,102 | €50,884 | -€13,218 | -20.6% |
| Plant, machinery and equipment | 23 | €1,583 | €219 | -€1,364 | -86.2% |
| Furniture and vehicles | 24 | €48,842 | €116,450 | +€67,608 | +138.4% |
| Other tangible fixed assets | 26 | €69,458 | €102,439 | +€32,981 | +47.5% |
| Financial fixed assets | 28 | €276,683 | €276,683 | = | 0.0% |
| Current assets | 29/58 | €556,343 | €669,019 | +€112,676 | +20.3% |
| Amounts receivable after more than one year | 29 | €225,879 | €215,431 | -€10,448 | -4.6% |
| Other amounts receivable | 291 | €225,879 | €215,431 | -€10,448 | -4.6% |
| Amounts receivable within one year | 40/41 | €56,453 | €130,750 | +€74,297 | +131.6% |
| Trade receivables | 40 | €22,848 | €41,847 | +€18,999 | +83.2% |
| Other amounts receivable | 41 | €33,605 | €88,903 | +€55,298 | +164.6% |
| Current investments | 50/53 | €268,688 | - | -€268,688 | |
| Cash at bank and in hand | 54/58 | €1,317 | €314,505 | +€313,188 | +23780.4% |
| Deferred charges and accrued income | 490/1 | €4,006 | €8,333 | +€4,327 | +108.0% |
| Total equity and liabilities | 10/49 | €1,017,011 | €1,215,694 | +€198,683 | +19.5% |
| Equity | 10/15 | €707,796 | €955,969 | +€248,173 | +35.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €250,033 | +€248,173 | +13342.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €248,173 | +€248,173 | |
| Profit (loss) carried forward | 14 | €693,536 | €693,536 | = | 0.0% |
| Amounts payable | 17/49 | €309,215 | €259,725 | -€49,490 | -16.0% |
| Amounts payable after more than one year | 17 | €64,442 | €86,045 | +€21,603 | +33.5% |
| Financial debts | 170/4 | €64,442 | €86,045 | +€21,603 | +33.5% |
| Amounts payable within one year | 42/48 | €244,773 | €173,679 | -€71,094 | -29.0% |
| Current portion of amounts payable after more than one year | 42 | €57,511 | €30,573 | -€26,938 | -46.8% |
| Trade debts | 44 | €103,411 | €26,836 | -€76,575 | -74.0% |
| Suppliers | 440/4 | €103,411 | €26,836 | -€76,575 | -74.0% |
| Taxes, remuneration and social security | 45 | €83,132 | €116,270 | +€33,138 | +39.9% |
| Taxes | 450/3 | €83,132 | €116,270 | +€33,138 | +39.9% |
| Other amounts payable | 47/48 | €719 | - | -€719 | |
| Accrued charges and deferred income | 492/3 | - | €1 | +€1 | |
| Non-recurring operating income | 76A | €3,201 | €48,760 | +€45,559 | +1423.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,325 | €53,709 | -€2,616 | -4.6% |
| Other operating charges | 640/8 | €6,603 | €9,070 | +€2,467 | +37.4% |
| Gross operating margin | 9900 | €183,656 | €428,621 | +€244,965 | +133.4% |
| Operating profit (loss) | 9901 | €120,728 | €365,842 | +€245,114 | +203.0% |
| Financial income | 75/76B | €8,103 | €11,007 | +€2,904 | +35.8% |
| Recurring financial income | 75 | €8,103 | €11,007 | +€2,904 | +35.8% |
| Financial charges | 65/66B | €6,927 | €8,215 | +€1,288 | +18.6% |
| Recurring financial charges | 65 | €6,927 | €8,215 | +€1,288 | +18.6% |
| Profit (loss) for the period before taxes | 9903 | €121,904 | €368,634 | +€246,730 | +202.4% |
| Income taxes | 67/77 | €30,686 | €120,461 | +€89,775 | +292.6% |
| Profit (loss) for the period | 9904 | €91,218 | €248,173 | +€156,955 | +172.1% |
| Profit (loss) for the period to be appropriated | 9905 | €91,218 | €248,173 | +€156,955 | +172.1% |
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 4 October 2026 via checked.be.