Key DevOps: 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.
Key DevOps
Largest movements
- Cash -€199,324
down €199,324 (-80.6%), from €247,164 to €47,840
mainly Contributions, distributions and other (-€280,000) and Trade debts (-€20,807)
- Receivables within one year -€18,759
down €18,759 (-44.4%), from €42,259 to €23,501
of which Trade receivables: -€29,386
- Profit (loss) carried forward -€224,174
down €224,174 (-94.6%), from €236,920 to €12,746
- Other debts +€38,374
up €38,374 (+321.0%), from €11,953 to €50,327
- Trade debts -€20,807
down €20,807 (-94.2%), from €22,091 to €1,284
- Tax, wage and social debts -€11,871
down €11,871 (-49.3%), from €24,070 to €12,198
of which Taxes: -€11,871
- Gross operating margin -€85,715
down €85,715 (-52.7%), from €162,761 to €77,046
- Taxes -€20,756
down €20,756 (-55.9%), from €37,128 to €16,372
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 | €298,411 | €77,555 | -€220,856 | -74.0% |
| Fixed assets | 21/28 | €7,023 | €5,622 | -€1,400 | -19.9% |
| Tangible fixed assets | 22/27 | €7,023 | €5,622 | -€1,400 | -19.9% |
| Furniture and vehicles | 24 | €5,778 | €4,699 | -€1,079 | -18.7% |
| Other tangible fixed assets | 26 | €1,245 | €923 | -€321 | -25.8% |
| Current assets | 29/58 | €291,388 | €71,932 | -€219,456 | -75.3% |
| Amounts receivable within one year | 40/41 | €42,259 | €23,501 | -€18,759 | -44.4% |
| Trade receivables | 40 | €42,164 | €12,778 | -€29,386 | -69.7% |
| Other amounts receivable | 41 | €95 | €10,723 | +€10,628 | +11147.3% |
| Cash at bank and in hand | 54/58 | €247,164 | €47,840 | -€199,324 | -80.6% |
| Deferred charges and accrued income | 490/1 | €1,965 | €592 | -€1,373 | -69.9% |
| Total equity and liabilities | 10/49 | €298,411 | €77,555 | -€220,856 | -74.0% |
| Equity | 10/15 | €237,920 | €13,746 | -€224,174 | -94.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €236,920 | €12,746 | -€224,174 | -94.6% |
| Amounts payable | 17/49 | €60,491 | €63,809 | +€3,318 | +5.5% |
| Amounts payable within one year | 42/48 | €58,114 | €63,809 | +€5,696 | +9.8% |
| Trade debts | 44 | €22,091 | €1,284 | -€20,807 | -94.2% |
| Suppliers | 440/4 | €22,091 | €1,284 | -€20,807 | -94.2% |
| Taxes, remuneration and social security | 45 | €24,070 | €12,198 | -€11,871 | -49.3% |
| Taxes | 450/3 | €20,070 | €8,198 | -€11,871 | -59.2% |
| Remuneration and social security | 454/9 | €4,000 | €4,000 | = | 0.0% |
| Other amounts payable | 47/48 | €11,953 | €50,327 | +€38,374 | +321.0% |
| Accrued charges and deferred income | 492/3 | €2,378 | - | -€2,378 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,415 | €3,385 | -€30 | -0.9% |
| Other operating charges | 640/8 | €809 | - | -€809 | |
| Gross operating margin | 9900 | €162,761 | €77,046 | -€85,715 | -52.7% |
| Operating profit (loss) | 9901 | €158,536 | €73,661 | -€84,875 | -53.5% |
| Financial income | 75/76B | €211 | €11 | -€200 | -94.8% |
| Recurring financial income | 75 | €211 | €11 | -€200 | -94.8% |
| Financial charges | 65/66B | €2,259 | €1,474 | -€785 | -34.8% |
| Recurring financial charges | 65 | €2,259 | €1,474 | -€785 | -34.8% |
| Profit (loss) for the period before taxes | 9903 | €156,488 | €72,198 | -€84,291 | -53.9% |
| Income taxes | 67/77 | €37,128 | €16,372 | -€20,756 | -55.9% |
| Profit (loss) for the period | 9904 | €119,361 | €55,826 | -€63,535 | -53.2% |
| Profit (loss) for the period to be appropriated | 9905 | €119,361 | €55,826 | -€63,535 | -53.2% |
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 30 September 2026 via checked.be.