BANDFABRIEK 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.
What changed
BANDFABRIEK DEVOS
NACE 13.940, Manufacture of textiles
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€150,866
2024 · €120,232+€30,634
Equity
€2.8m
2024 · €2.8m+€5,866
Cash
€165,227
2024 · €214,309-€49,082
Balance sheet total
€3.8m
2024 · €3.8m+€78,712
Largest movements
Assets
- Current investments +€108,864
up €108,864 (+4.0%), from €2.7m to €2.8m
- Cash -€49,082
down €49,082 (-22.9%), from €214,309 to €165,227
mainly Contributions, distributions and other (-€145,000) and Current investments (-€108,864)
Equity and liabilities
- Other debts +€144,943
up €144,943 (+24.4%), from €593,464 to €738,407
- Trade debts -€56,254
down €56,254 (-80.7%), from €69,724 to €13,470
Income statement
- Financial income +€65,041
up €65,041 (+92.3%), from €70,499 to €135,540
of which Financial income: +€51,010
- Financial charges +€48,903
up €48,903, from -€8,729 to €40,175
of which Financial charges: +€48,903
- Staff costs -€35,627
down €35,627 (-7.8%), from €454,667 to €419,040
- Taxes +€24,309
up €24,309 (+111%), from €21,802 to €46,110
- Gross operating margin +€11,791
up €11,791 (+2.1%), from €568,806 to €580,597
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.
Result 2024
€120,232
Gross operating margin
+€11,791
Staff costs
+€35,627
Depreciation
-€4,986
Write-downs
-€1,935
Provisions
-€395
Other operating charges
-€1,296
Financial income
+€65,041
Financial charges
-€48,903
Taxes
-€24,309
Result 2025
€150,866
raises the resultlowers the result
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.
From operations
+€259,269
Investment
-€163,776
Financing
-€144,575
Cash 2024
€214,309
From operations (derived)
+€259,269
Net result for the year
+€150,866
Depreciation
+€38,989
Stocks and contracts
-€10,859
Receivables within one year
+€7,471
Deferred charges and accrued income
+€381
Provisions
-€5,522
Trade debts
-€56,254
Tax, wage and social debts
+€15,676
Other debts
+€144,943
Accrued charges and deferred income
-€26,423
Investment (derived)
-€163,776
Investment in fixed assets (net)
-€54,912
Current investments
-€108,864
Financing
-€144,575
Current portion of long-term debt
+€425
Contributions, distributions and other
-€145,000
Cash 2025
€165,227
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,751,008 | €3,829,720 | +€78,712 | +2.1% |
| Fixed assets | 21/28 | €376,203 | €392,126 | +€15,923 | +4.2% |
| Tangible fixed assets | 22/27 | €375,903 | €391,826 | +€15,923 | +4.2% |
| Land and buildings | 22 | €256,402 | €245,449 | -€10,953 | -4.3% |
| Plant, machinery and equipment | 23 | €113,460 | €144,684 | +€31,223 | +27.5% |
| Furniture and vehicles | 24 | €6,041 | €1,693 | -€4,348 | -72.0% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €3,374,805 | €3,437,594 | +€62,789 | +1.9% |
| Stocks and contracts in progress | 3 | €236,249 | €247,108 | +€10,859 | +4.6% |
| Stocks | 30/36 | €236,249 | €247,108 | +€10,859 | +4.6% |
| Amounts receivable within one year | 40/41 | €216,993 | €209,521 | -€7,471 | -3.4% |
| Trade receivables | 40 | €197,877 | €195,043 | -€2,834 | -1.4% |
| Other amounts receivable | 41 | €19,116 | €14,479 | -€4,637 | -24.3% |
| Current investments | 50/53 | €2,701,007 | €2,809,871 | +€108,864 | +4.0% |
| Cash at bank and in hand | 54/58 | €214,309 | €165,227 | -€49,082 | -22.9% |
| Deferred charges and accrued income | 490/1 | €6,247 | €5,866 | -€381 | -6.1% |
| Total equity and liabilities | 10/49 | €3,751,008 | €3,829,720 | +€78,712 | +2.1% |
| Equity | 10/15 | €2,766,810 | €2,772,677 | +€5,866 | +0.2% |
| Contributions | 10/11 | €99,157 | €99,157 | = | 0.0% |
| Capital | 10 | €99,157 | €99,157 | = | 0.0% |
| Issued capital | 100 | €99,157 | €99,157 | = | 0.0% |
| Reserves | 13 | €2,667,653 | €2,673,519 | +€5,866 | +0.2% |
| Non-distributable reserves | 130/1 | €11,651 | €11,651 | = | 0.0% |
| Legal reserve | 130 | €9,916 | €9,916 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,735 | €1,735 | = | 0.0% |
| Tax-exempt reserves | 132 | €75,590 | €80,915 | +€5,324 | +7.0% |
| Distributable reserves | 133 | €2,580,412 | €2,580,954 | +€542 | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €223,898 | €218,376 | -€5,522 | -2.5% |
| Provisions for liabilities and charges | 160/5 | €223,898 | €218,376 | -€5,522 | -2.5% |
| Environmental obligations | 163 | €223,898 | €218,376 | -€5,522 | -2.5% |
| Amounts payable | 17/49 | €760,299 | €838,668 | +€78,368 | +10.3% |
| Amounts payable within one year | 42/48 | €724,091 | €828,881 | +€104,791 | +14.5% |
| Current portion of amounts payable after more than one year | 42 | €11,013 | €11,439 | +€425 | +3.9% |
| Trade debts | 44 | €69,724 | €13,470 | -€56,254 | -80.7% |
| Suppliers | 440/4 | €69,724 | €13,470 | -€56,254 | -80.7% |
| Taxes, remuneration and social security | 45 | €49,889 | €65,565 | +€15,676 | +31.4% |
| Taxes | 450/3 | €9,178 | €20,035 | +€10,857 | +118% |
| Remuneration and social security | 454/9 | €40,712 | €45,530 | +€4,819 | +11.8% |
| Other amounts payable | 47/48 | €593,464 | €738,407 | +€144,943 | +24.4% |
| Accrued charges and deferred income | 492/3 | €36,209 | €9,786 | -€26,423 | -73.0% |
| Remuneration, social security and pensions | 62 | €454,667 | €419,040 | -€35,627 | -7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,002 | €38,989 | +€4,986 | +14.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €102 | €2,037 | +€1,935 | +1,898% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €5,522 | €5,916 | +€395 | +7.1% |
| Other operating charges | 640/8 | €11,707 | €13,003 | +€1,296 | +11.1% |
| Gross operating margin | 9900 | €568,806 | €580,597 | +€11,791 | +2.1% |
| Operating profit (loss) | 9901 | €62,806 | €101,611 | +€38,805 | +61.8% |
| Financial income | 75/76B | €70,499 | €135,540 | +€65,041 | +92.3% |
| Recurring financial income | 75 | €70,499 | €121,509 | +€51,010 | +72.4% |
| Non-recurring financial income | 76B | €0 | €14,031 | +€14,031 | |
| Financial charges | 65/66B | -€8,729 | €40,175 | +€48,903 | |
| Recurring financial charges | 65 | -€8,729 | €40,175 | +€48,903 | |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €142,034 | €196,977 | +€54,943 | +38.7% |
| Income taxes | 67/77 | €21,802 | €46,110 | +€24,309 | +111% |
| Profit (loss) for the period | 9904 | €120,232 | €150,866 | +€30,634 | +25.5% |
| Transfer to tax-exempt reserves | 689 | €5,324 | €5,324 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €114,908 | €145,542 | +€30,634 | +26.7% |
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 23 October 2026 via checked.be.