Group Develi: 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.
Group Develi
Largest movements
- Receivables within one year +€45,876
up €45,876 (+242%), from €18,981 to €64,857
of which Trade receivables: +€42,325
- Cash +€32,059
up €32,059 (+14,571%), from €220 to €32,279
mainly Net result for the year (+€63,734) and Tax, wage and social debts (+€16,915)
- Tangible fixed assets +€5,809
new in 2025: €5,809
- Deferred charges and accrued income -€1,570
no longer reported in 2025 (was €1,570)
- Profit (loss) carried forward +€63,734
new in 2025: €63,734
- Tax, wage and social debts +€16,915
up €16,915 (+340%), from €4,982 to €21,897
of which Taxes: +€16,415
- Trade debts +€1,108
up €1,108 (+170%), from €653 to €1,761
- Gross operating margin +€67,006
up €67,006 (+418%), from €16,048 to €83,054
- Taxes +€13,113
up €13,113 (+410%), from €3,196 to €16,309
- Depreciation +€878
up €878 (+674%), from €130 to €1,008
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,891 | €103,648 | +€81,757 | +373% |
| Formation expenses | 20 | €1,120 | €703 | -€417 | -37.2% |
| Fixed assets | 21/28 | - | €5,809 | +€5,809 | |
| Tangible fixed assets | 22/27 | - | €5,809 | +€5,809 | |
| Plant, machinery and equipment | 23 | - | €5,809 | +€5,809 | |
| Current assets | 29/58 | €20,771 | €97,135 | +€76,364 | +368% |
| Amounts receivable within one year | 40/41 | €18,981 | €64,857 | +€45,876 | +242% |
| Trade receivables | 40 | €17,676 | €60,000 | +€42,325 | +239% |
| Other amounts receivable | 41 | €1,306 | €4,857 | +€3,551 | +272% |
| Cash at bank and in hand | 54/58 | €220 | €32,279 | +€32,059 | +14,571% |
| Deferred charges and accrued income | 490/1 | €1,570 | - | -€1,570 | |
| Total equity and liabilities | 10/49 | €21,891 | €103,648 | +€81,757 | +373% |
| Equity | 10/15 | €16,257 | €79,990 | +€63,734 | +392% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €12,257 | €12,257 | = | 0.0% |
| Distributable reserves | 133 | €12,257 | €12,257 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €63,734 | +€63,734 | |
| Amounts payable | 17/49 | €5,635 | €23,658 | +€18,023 | +320% |
| Amounts payable within one year | 42/48 | €5,635 | €23,658 | +€18,023 | +320% |
| Trade debts | 44 | €653 | €1,761 | +€1,108 | +170% |
| Suppliers | 440/4 | €653 | €1,761 | +€1,108 | +170% |
| Taxes, remuneration and social security | 45 | €4,982 | €21,897 | +€16,915 | +340% |
| Taxes | 450/3 | €3,482 | €19,897 | +€16,415 | +471% |
| Remuneration and social security | 454/9 | €1,500 | €2,000 | +€500 | +33.3% |
| Remuneration, social security and pensions | 62 | €44 | €641 | +€597 | +1,359% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €130 | €1,008 | +€878 | +674% |
| Other operating charges | 640/8 | €162 | €566 | +€405 | +251% |
| Gross operating margin | 9900 | €16,048 | €83,054 | +€67,006 | +418% |
| Operating profit (loss) | 9901 | €15,712 | €80,838 | +€65,126 | +414% |
| Financial income | 75/76B | - | €65 | +€65 | |
| Recurring financial income | 75 | - | €65 | +€65 | |
| Financial charges | 65/66B | €260 | €860 | +€600 | +231% |
| Recurring financial charges | 65 | €260 | €860 | +€600 | +231% |
| Profit (loss) for the period before taxes | 9903 | €15,453 | €80,043 | +€64,591 | +418% |
| Income taxes | 67/77 | €3,196 | €16,309 | +€13,113 | +410% |
| Profit (loss) for the period | 9904 | €12,257 | €63,734 | +€51,477 | +420% |
| Profit (loss) for the period to be appropriated | 9905 | €12,257 | €63,734 | +€51,477 | +420% |
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 24 October 2026 via checked.be.