DEV: 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.
DEV
Largest movements
- Cash +€6,208
up €6,208 (+40.1%), from €15,465 to €21,673
mainly Trade debts (+€16,134) and Tax, wage and social debts (+€6,316)
- Receivables within one year +€3,645
up €3,645 (+10.9%), from €33,328 to €36,973
of which Trade receivables: +€25,845
- Tangible fixed assets +€1,772
up €1,772 (+28.4%), from €6,250 to €8,022
- Trade debts +€16,134
up €16,134 (+577.2%), from €2,795 to €18,929
- Profit (loss) carried forward -€10,981
down €10,981 (-32.9%), from €33,351 to €22,370
- Tax, wage and social debts +€6,316
up €6,316 (+70.3%), from €8,979 to €15,294
- Gross operating margin -€6,348
down €6,348, from €4,658 to -€1,690
- Other operating charges +€6,244
up €6,244 (+269.5%), from €2,317 to €8,560
- Depreciation -€5,000
no longer reported in 2024 (was €5,000)
- Taxes -€1,253
down €1,253, from €1,217 to -€36
- Financial charges +€706
up €706 (+1154.3%), from €61 to €767
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €55,731 | €67,177 | +€11,446 | +20.5% |
| Fixed assets | 21/28 | €6,308 | €8,081 | +€1,772 | +28.1% |
| Tangible fixed assets | 22/27 | €6,250 | €8,022 | +€1,772 | +28.4% |
| Furniture and vehicles | 24 | €6,250 | €8,022 | +€1,772 | +28.4% |
| Financial fixed assets | 28 | €58 | €58 | = | 0.0% |
| Current assets | 29/58 | €49,423 | €59,096 | +€9,673 | +19.6% |
| Amounts receivable within one year | 40/41 | €33,328 | €36,973 | +€3,645 | +10.9% |
| Trade receivables | 40 | - | €25,845 | +€25,845 | |
| Other amounts receivable | 41 | €33,328 | €11,128 | -€22,200 | -66.6% |
| Cash at bank and in hand | 54/58 | €15,465 | €21,673 | +€6,208 | +40.1% |
| Deferred charges and accrued income | 490/1 | €630 | €450 | -€180 | -28.5% |
| Total equity and liabilities | 10/49 | €55,731 | €67,177 | +€11,446 | +20.5% |
| Equity | 10/15 | €42,429 | €31,448 | -€10,981 | -25.9% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Capital | 10 | €6,197 | €6,197 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €2,880 | €2,880 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,880 | €2,880 | = | 0.0% |
| Legal reserve | 130 | €2,880 | €2,880 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,351 | €22,370 | -€10,981 | -32.9% |
| Amounts payable | 17/49 | €13,303 | €35,729 | +€22,426 | +168.6% |
| Amounts payable within one year | 42/48 | €13,283 | €35,729 | +€22,446 | +169.0% |
| Financial debts | 43 | €938 | €936 | -€2 | -0.2% |
| Credit institutions | 430/8 | €938 | €936 | -€2 | -0.2% |
| Trade debts | 44 | €2,795 | €18,929 | +€16,134 | +577.2% |
| Suppliers | 440/4 | €2,795 | €18,929 | +€16,134 | +577.2% |
| Taxes, remuneration and social security | 45 | €8,979 | €15,294 | +€6,316 | +70.3% |
| Taxes | 450/3 | €8,979 | €15,294 | +€6,316 | +70.3% |
| Other amounts payable | 47/48 | €572 | €570 | -€2 | -0.3% |
| Accrued charges and deferred income | 492/3 | €19 | - | -€19 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,000 | - | -€5,000 | |
| Other operating charges | 640/8 | €2,317 | €8,560 | +€6,244 | +269.5% |
| Gross operating margin | 9900 | €4,658 | -€1,690 | -€6,348 | |
| Operating profit (loss) | 9901 | -€2,659 | -€10,250 | -€7,591 | -285.5% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €61 | €767 | +€706 | +1154.3% |
| Recurring financial charges | 65 | €61 | €767 | +€706 | +1154.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,719 | -€11,017 | -€8,298 | -305.2% |
| Income taxes | 67/77 | €1,217 | -€36 | -€1,253 | |
| Profit (loss) for the period | 9904 | -€3,936 | -€10,981 | -€7,044 | -179.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,936 | -€10,981 | -€7,044 | -179.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.