ADVOCAAT BERT DEVOS: 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.
ADVOCAAT BERT DEVOS
Largest movements
- Receivables after one year -€195,000
no longer reported in 2025 (was €195,000)
- Cash +€77,403
up €77,403 (+43.3%), from €178,799 to €256,202
mainly Receivables after one year (+€195,000) and Net result for the year (+€87,527)
- Tangible fixed assets -€26,266
down €26,266 (-26.9%), from €97,576 to €71,310
of which Furniture and vehicles: -€25,594
- Reserves -€141,569
down €141,569 (-31.1%), from €454,860 to €313,291
- Tax, wage and social debts +€10,158
up €10,158 (+11993.8%), from €85 to €10,242
- Current portion of long-term debt -€7,824
no longer reported in 2025 (was €7,824)
- Gross operating margin +€21,452
up €21,452 (+19.9%), from €107,612 to €129,064
- Depreciation +€6,810
up €6,810 (+57.7%), from €11,810 to €18,620
- Financial income -€3,900
down €3,900 (-100.0%), from €3,900 to €0
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 | €485,972 | €342,949 | -€143,023 | -29.4% |
| Fixed assets | 21/28 | €97,576 | €71,310 | -€26,266 | -26.9% |
| Tangible fixed assets | 22/27 | €97,576 | €71,310 | -€26,266 | -26.9% |
| Plant, machinery and equipment | 23 | €1,880 | €1,208 | -€672 | -35.7% |
| Furniture and vehicles | 24 | €95,696 | €70,102 | -€25,594 | -26.7% |
| Current assets | 29/58 | €388,396 | €271,639 | -€116,757 | -30.1% |
| Amounts receivable after more than one year | 29 | €195,000 | - | -€195,000 | |
| Other amounts receivable | 291 | €195,000 | - | -€195,000 | |
| Amounts receivable within one year | 40/41 | €10,138 | €9,367 | -€772 | -7.6% |
| Trade receivables | 40 | €66 | €290 | +€224 | +337.3% |
| Other amounts receivable | 41 | €10,072 | €9,076 | -€996 | -9.9% |
| Cash at bank and in hand | 54/58 | €178,799 | €256,202 | +€77,403 | +43.3% |
| Deferred charges and accrued income | 490/1 | €4,459 | €6,071 | +€1,612 | +36.2% |
| Total equity and liabilities | 10/49 | €485,972 | €342,949 | -€143,023 | -29.4% |
| Equity | 10/15 | €474,365 | €331,891 | -€142,473 | -30.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €454,860 | €313,291 | -€141,569 | -31.1% |
| Distributable reserves | 133 | €454,860 | €313,291 | -€141,569 | -31.1% |
| Profit (loss) carried forward | 14 | €905 | - | -€905 | |
| Amounts payable | 17/49 | €11,607 | €11,057 | -€550 | -4.7% |
| Amounts payable within one year | 42/48 | €11,607 | €11,057 | -€550 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €7,824 | - | -€7,824 | |
| Trade debts | 44 | €632 | €17 | -€615 | -97.3% |
| Suppliers | 440/4 | €632 | €17 | -€615 | -97.3% |
| Taxes, remuneration and social security | 45 | €85 | €10,242 | +€10,158 | +11993.8% |
| Taxes | 450/3 | €85 | €10,242 | +€10,158 | +11993.8% |
| Other amounts payable | 47/48 | €3,067 | €798 | -€2,269 | -74.0% |
| Non-recurring operating income | 76A | - | €11,983 | +€11,983 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,810 | €18,620 | +€6,810 | +57.7% |
| Other operating charges | 640/8 | €1,136 | €567 | -€568 | -50.0% |
| Gross operating margin | 9900 | €107,612 | €129,064 | +€21,452 | +19.9% |
| Operating profit (loss) | 9901 | €94,666 | €109,877 | +€15,210 | +16.1% |
| Financial income | 75/76B | €3,900 | €0 | -€3,900 | -100.0% |
| Recurring financial income | 75 | €3,900 | €0 | -€3,900 | -100.0% |
| Financial charges | 65/66B | €1,032 | €861 | -€171 | -16.6% |
| Recurring financial charges | 65 | €1,032 | €861 | -€171 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €97,535 | €109,016 | +€11,481 | +11.8% |
| Income taxes | 67/77 | €22,067 | €21,489 | -€578 | -2.6% |
| Profit (loss) for the period | 9904 | €75,468 | €87,527 | +€12,059 | +16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €75,468 | €87,527 | +€12,059 | +16.0% |
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 10 October 2026 via checked.be.