DiVelop: 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.
DiVelop
Largest movements
- Cash -€45,931
down €45,931 (-64.0%), from €71,758 to €25,827
mainly Other debts (-€86,046) and Net result for the year (-€11,903)
- Tangible fixed assets +€2,519
up €2,519 (+33.1%), from €7,601 to €10,120
of which Plant, machinery and equipment: +€3,578
- Receivables within one year +€1,407
up €1,407 (+3.9%), from €36,208 to €37,615
of which Other amounts receivable: +€2,964
- Other debts -€86,046
down €86,046 (-97.0%), from €88,672 to €2,626
- Provisions +€43,563
new in 2025: €43,563
- Tax, wage and social debts +€13,141
up €13,141 (+188.3%), from €6,977 to €20,118
- Profit (loss) carried forward -€11,903
new in 2025: -€11,903
- Provisions +€43,563
new in 2025: €43,563
- Gross operating margin -€20,558
down €20,558 (-29.3%), from €70,089 to €49,531
- Taxes -€2,539
down €2,539 (-21.8%), from €11,672 to €9,133
- Depreciation +€1,494
up €1,494 (+42.3%), from €3,533 to €5,027
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 | €115,568 | €73,563 | -€42,005 | -36.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €7,601 | €10,120 | +€2,519 | +33.1% |
| Tangible fixed assets | 22/27 | €7,601 | €10,120 | +€2,519 | +33.1% |
| Plant, machinery and equipment | 23 | €4,323 | €7,901 | +€3,578 | +82.8% |
| Furniture and vehicles | 24 | €3,279 | €2,220 | -€1,059 | -32.3% |
| Current assets | 29/58 | €107,966 | €63,442 | -€44,524 | -41.2% |
| Amounts receivable within one year | 40/41 | €36,208 | €37,615 | +€1,407 | +3.9% |
| Trade receivables | 40 | €34,913 | €33,356 | -€1,557 | -4.5% |
| Other amounts receivable | 41 | €1,295 | €4,259 | +€2,964 | +228.9% |
| Cash at bank and in hand | 54/58 | €71,758 | €25,827 | -€45,931 | -64.0% |
| Total equity and liabilities | 10/49 | €115,568 | €73,563 | -€42,005 | -36.3% |
| Equity | 10/15 | €18,600 | €6,697 | -€11,903 | -64.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€11,903 | -€11,903 | |
| Provisions and deferred taxes | 16 | - | €43,563 | +€43,563 | |
| Provisions for liabilities and charges | 160/5 | - | €43,563 | +€43,563 | |
| Other liabilities and charges | 164/5 | - | €43,563 | +€43,563 | |
| Amounts payable | 17/49 | €96,968 | €23,302 | -€73,666 | -76.0% |
| Amounts payable within one year | 42/48 | €96,968 | €23,302 | -€73,666 | -76.0% |
| Trade debts | 44 | €1,319 | €558 | -€760 | -57.7% |
| Suppliers | 440/4 | €1,319 | €558 | -€760 | -57.7% |
| Taxes, remuneration and social security | 45 | €6,977 | €20,118 | +€13,141 | +188.3% |
| Taxes | 450/3 | €6,977 | €20,118 | +€13,141 | +188.3% |
| Other amounts payable | 47/48 | €88,672 | €2,626 | -€86,046 | -97.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,533 | €5,027 | +€1,494 | +42.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €43,563 | +€43,563 | |
| Other operating charges | 640/8 | €397 | €117 | -€280 | -70.5% |
| Gross operating margin | 9900 | €70,089 | €49,531 | -€20,558 | -29.3% |
| Operating profit (loss) | 9901 | €66,159 | €823 | -€65,335 | -98.8% |
| Financial income | 75/76B | €5 | €18 | +€13 | +289.5% |
| Recurring financial income | 75 | €5 | €18 | +€13 | +289.5% |
| Financial charges | 65/66B | €4,109 | €3,611 | -€498 | -12.1% |
| Recurring financial charges | 65 | €4,109 | €3,611 | -€498 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | €62,055 | -€2,770 | -€64,824 | |
| Income taxes | 67/77 | €11,672 | €9,133 | -€2,539 | -21.8% |
| Profit (loss) for the period | 9904 | €50,383 | -€11,903 | -€62,285 | |
| Profit (loss) for the period to be appropriated | 9905 | €50,383 | -€11,903 | -€62,285 |
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.