Ready to Dev: 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.
Ready to Dev
Largest movements
- Cash +€13,004
up €13,004 (+119%), from €10,933 to €23,938
mainly Net result for the year (+€16,790) and Depreciation (+€7,172)
- Tangible fixed assets -€5,248
down €5,248 (-27.2%), from €19,269 to €14,022
- Receivables within one year +€2,572
up €2,572 (+27.1%), from €9,480 to €12,052
of which Trade receivables: +€2,193
- Deferred charges and accrued income -€716
down €716 (-11.3%), from €6,323 to €5,608
- Reserves +€10,990
up €10,990 (+40.0%), from €27,500 to €38,490
- Current portion of long-term debt -€3,143
down €3,143 (-74.2%), from €4,236 to €1,093
- Other debts +€2,695
up €2,695 (+37.9%), from €7,109 to €9,804
- Debts after one year -€1,093
no longer reported in 2025 (was €1,093)
- Gross operating margin +€20,602
up €20,602 (+188%), from €10,943 to €31,544
- Taxes +€5,621
up €5,621 (+494%), from €1,138 to €6,760
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 | €47,256 | €56,870 | +€9,613 | +20.3% |
| Fixed assets | 21/28 | €20,519 | €15,272 | -€5,248 | -25.6% |
| Intangible fixed assets | 21 | €1,200 | €1,200 | = | 0.0% |
| Tangible fixed assets | 22/27 | €19,269 | €14,022 | -€5,248 | -27.2% |
| Furniture and vehicles | 24 | €19,269 | €14,022 | -€5,248 | -27.2% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €26,737 | €41,598 | +€14,861 | +55.6% |
| Amounts receivable within one year | 40/41 | €9,480 | €12,052 | +€2,572 | +27.1% |
| Trade receivables | 40 | €8,607 | €10,800 | +€2,193 | +25.5% |
| Other amounts receivable | 41 | €874 | €1,252 | +€379 | +43.3% |
| Cash at bank and in hand | 54/58 | €10,933 | €23,938 | +€13,004 | +119% |
| Deferred charges and accrued income | 490/1 | €6,323 | €5,608 | -€716 | -11.3% |
| Total equity and liabilities | 10/49 | €47,256 | €56,870 | +€9,613 | +20.3% |
| Equity | 10/15 | €32,016 | €43,006 | +€10,990 | +34.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €27,500 | €38,490 | +€10,990 | +40.0% |
| Distributable reserves | 133 | €27,500 | €38,490 | +€10,990 | +40.0% |
| Profit (loss) carried forward | 14 | €1,516 | €1,516 | = | 0.0% |
| Amounts payable | 17/49 | €15,241 | €13,863 | -€1,377 | -9.0% |
| Amounts payable after more than one year | 17 | €1,093 | - | -€1,093 | |
| Financial debts | 170/4 | €1,093 | - | -€1,093 | |
| Amounts payable within one year | 42/48 | €14,148 | €13,863 | -€284 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | €4,236 | €1,093 | -€3,143 | -74.2% |
| Trade debts | 44 | €662 | €800 | +€138 | +20.8% |
| Suppliers | 440/4 | €662 | €800 | +€138 | +20.8% |
| Taxes, remuneration and social security | 45 | €2,141 | €2,166 | +€25 | +1.2% |
| Taxes | 450/3 | €2,141 | €2,166 | +€25 | +1.2% |
| Other amounts payable | 47/48 | €7,109 | €9,804 | +€2,695 | +37.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,971 | €7,172 | +€201 | +2.9% |
| Other operating charges | 640/8 | €144 | €309 | +€165 | +114% |
| Gross operating margin | 9900 | €10,943 | €31,544 | +€20,602 | +188% |
| Operating profit (loss) | 9901 | €3,828 | €24,064 | +€20,236 | +529% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €553 | €514 | -€40 | -7.1% |
| Recurring financial charges | 65 | €553 | €514 | -€40 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €3,277 | €23,550 | +€20,273 | +619% |
| Income taxes | 67/77 | €1,138 | €6,760 | +€5,621 | +494% |
| Profit (loss) for the period | 9904 | €2,139 | €16,790 | +€14,652 | +685% |
| Profit (loss) for the period to be appropriated | 9905 | €2,139 | €16,790 | +€14,652 | +685% |
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 17 October 2026 via checked.be.