DEVWARE: 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.
DEVWARE
Largest movements
- Tangible fixed assets +€204,427
up €204,427 (+109.1%), from €187,461 to €391,889
of which Other tangible fixed assets: +€213,092
- Receivables within one year +€127,001
up €127,001 (+337.0%), from €37,685 to €164,686
of which Other amounts receivable: +€126,129
- Debts after one year +€197,408
up €197,408 (+188.9%), from €104,501 to €301,909
- Current portion of long-term debt +€127,714
up €127,714 (+2429.6%), from €5,257 to €132,970
- Other debts +€10,807
up €10,807 (+44.8%), from €24,122 to €34,929
- Depreciation +€34,889
up €34,889 (+303.2%), from €11,505 to €46,394
- Gross operating margin +€9,080
up €9,080 (+10.4%), from €86,982 to €96,062
- Taxes -€7,071
down €7,071 (-33.7%), from €20,970 to €13,899
- Financial income +€1,488
up €1,488 (+219.4%), from €678 to €2,166
- Financial charges +€1,299
up €1,299 (+34.4%), from €3,779 to €5,077
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 | €254,139 | €584,135 | +€329,996 | +129.8% |
| Fixed assets | 21/28 | €187,461 | €391,889 | +€204,427 | +109.1% |
| Tangible fixed assets | 22/27 | €187,461 | €391,889 | +€204,427 | +109.1% |
| Furniture and vehicles | 24 | €22,500 | €13,834 | -€8,665 | -38.5% |
| Other tangible fixed assets | 26 | €164,962 | €378,054 | +€213,092 | +129.2% |
| Current assets | 29/58 | €66,678 | €192,247 | +€125,569 | +188.3% |
| Amounts receivable within one year | 40/41 | €37,685 | €164,686 | +€127,001 | +337.0% |
| Trade receivables | 40 | €28,750 | €29,621 | +€871 | +3.0% |
| Other amounts receivable | 41 | €8,936 | €135,065 | +€126,129 | +1411.5% |
| Cash at bank and in hand | 54/58 | €27,263 | €25,165 | -€2,098 | -7.7% |
| Deferred charges and accrued income | 490/1 | €1,729 | €2,396 | +€667 | +38.6% |
| Total equity and liabilities | 10/49 | €254,139 | €584,135 | +€329,996 | +129.8% |
| Equity | 10/15 | €107,137 | €103,374 | -€3,763 | -3.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €98,836 | €95,074 | -€3,763 | -3.8% |
| Distributable reserves | 133 | €98,836 | €95,074 | -€3,763 | -3.8% |
| Profit (loss) carried forward | 14 | €2,100 | €2,100 | = | 0.0% |
| Amounts payable | 17/49 | €147,003 | €480,762 | +€333,759 | +227.0% |
| Amounts payable after more than one year | 17 | €104,501 | €301,909 | +€197,408 | +188.9% |
| Financial debts | 170/4 | €104,501 | €301,909 | +€197,408 | +188.9% |
| Amounts payable within one year | 42/48 | €42,502 | €178,853 | +€136,351 | +320.8% |
| Current portion of amounts payable after more than one year | 42 | €5,257 | €132,970 | +€127,714 | +2429.6% |
| Trade debts | 44 | €2,077 | €2,706 | +€630 | +30.3% |
| Suppliers | 440/4 | €2,077 | €2,706 | +€630 | +30.3% |
| Taxes, remuneration and social security | 45 | €11,047 | €8,247 | -€2,800 | -25.3% |
| Taxes | 450/3 | €11,047 | €8,247 | -€2,800 | -25.3% |
| Other amounts payable | 47/48 | €24,122 | €34,929 | +€10,807 | +44.8% |
| Non-recurring operating income | 76A | - | €3,262 | +€3,262 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,505 | €46,394 | +€34,889 | +303.2% |
| Other operating charges | 640/8 | €1,697 | €1,691 | -€7 | -0.4% |
| Gross operating margin | 9900 | €86,982 | €96,062 | +€9,080 | +10.4% |
| Operating profit (loss) | 9901 | €73,779 | €47,977 | -€25,802 | -35.0% |
| Financial income | 75/76B | €678 | €2,166 | +€1,488 | +219.4% |
| Recurring financial income | 75 | €678 | €2,166 | +€1,488 | +219.4% |
| Financial charges | 65/66B | €3,779 | €5,077 | +€1,299 | +34.4% |
| Recurring financial charges | 65 | €3,779 | €5,077 | +€1,299 | +34.4% |
| Profit (loss) for the period before taxes | 9903 | €70,679 | €45,065 | -€25,613 | -36.2% |
| Income taxes | 67/77 | €20,970 | €13,899 | -€7,071 | -33.7% |
| Profit (loss) for the period | 9904 | €49,709 | €31,167 | -€18,542 | -37.3% |
| Profit (loss) for the period to be appropriated | 9905 | €49,709 | €31,167 | -€18,542 | -37.3% |
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 2 October 2026 via checked.be.