DEV AUTOMOBILES: 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.
DEV AUTOMOBILES
Largest movements
- Receivables within one year -€86,806
down €86,806 (-46.0%), from €188,558 to €101,751
of which Trade receivables: -€84,645
- Stocks and contracts -€25,640
down €25,640 (-11.8%), from €218,083 to €192,443
- Cash -€14,478
down €14,478 (-8.4%), from €173,330 to €158,852
mainly Debts after one year (-€100,000) and Trade debts (-€38,219)
- Tangible fixed assets -€10,344
down €10,344 (-29.1%), from €35,564 to €25,220
of which Furniture and vehicles: -€11,350
- Debts after one year -€100,000
no longer reported in 2025 (was €100,000)
- Trade debts -€38,219
down €38,219 (-16.5%), from €230,988 to €192,769
of which Bills of exchange payable: -€151,990
- Reserves +€14,813
up €14,813 (+59.2%), from €25,015 to €39,828
of which Distributable reserves: +€14,813
- Tax, wage and social debts -€11,875
down €11,875 (-79.2%), from €15,000 to €3,125
of which Taxes: -€8,875
- Taxes -€8,738
down €8,738 (-45.1%), from €19,373 to €10,635
- Depreciation -€8,247
down €8,247 (-42.1%), from €19,597 to €11,350
- Financial charges +€2,897
up €2,897 (+29.7%), from €9,757 to €12,654
- Gross operating margin -€1,921
down €1,921 (-3.2%), from €60,554 to €58,632
- Other operating charges +€1,107
up €1,107 (+13.7%), from €8,086 to €9,193
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 | €616,463 | €479,195 | -€137,268 | -22.3% |
| Fixed assets | 21/28 | €35,564 | €25,220 | -€10,344 | -29.1% |
| Tangible fixed assets | 22/27 | €35,564 | €25,220 | -€10,344 | -29.1% |
| Furniture and vehicles | 24 | €35,564 | €24,215 | -€11,350 | -31.9% |
| Other tangible fixed assets | 26 | €0 | €1,005 | +€1,005 | +10,052,700% |
| Current assets | 29/58 | €580,899 | €453,975 | -€126,924 | -21.8% |
| Stocks and contracts in progress | 3 | €218,083 | €192,443 | -€25,640 | -11.8% |
| Stocks | 30/36 | €218,083 | €192,443 | -€25,640 | -11.8% |
| Amounts receivable within one year | 40/41 | €188,558 | €101,751 | -€86,806 | -46.0% |
| Trade receivables | 40 | €180,314 | €95,669 | -€84,645 | -46.9% |
| Other amounts receivable | 41 | €8,244 | €6,083 | -€2,161 | -26.2% |
| Cash at bank and in hand | 54/58 | €173,330 | €158,852 | -€14,478 | -8.4% |
| Deferred charges and accrued income | 490/1 | €929 | €929 | = | 0.0% |
| Total equity and liabilities | 10/49 | €616,463 | €479,195 | -€137,268 | -22.3% |
| Equity | 10/15 | €265,536 | €280,348 | +€14,813 | +5.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €25,015 | €39,828 | +€14,813 | +59.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €23,155 | €37,968 | +€14,813 | +64.0% |
| Profit (loss) carried forward | 14 | €221,920 | €221,920 | = | 0.0% |
| Amounts payable | 17/49 | €350,928 | €198,846 | -€152,081 | -43.3% |
| Amounts payable after more than one year | 17 | €100,000 | - | -€100,000 | |
| Financial debts | 170/4 | €100,000 | - | -€100,000 | |
| Amounts payable within one year | 42/48 | €250,928 | €198,846 | -€52,081 | -20.8% |
| Current portion of amounts payable after more than one year | 42 | €4,420 | €2,952 | -€1,469 | -33.2% |
| Trade debts | 44 | €230,988 | €192,769 | -€38,219 | -16.5% |
| Suppliers | 440/4 | €78,998 | €192,769 | +€113,771 | +144% |
| Bills of exchange payable | 441 | €151,990 | - | -€151,990 | |
| Taxes, remuneration and social security | 45 | €15,000 | €3,125 | -€11,875 | -79.2% |
| Taxes | 450/3 | €9,500 | €625 | -€8,875 | -93.4% |
| Remuneration and social security | 454/9 | €5,500 | €2,500 | -€3,000 | -54.5% |
| Other amounts payable | 47/48 | €519 | - | -€519 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,597 | €11,350 | -€8,247 | -42.1% |
| Other operating charges | 640/8 | €8,086 | €9,193 | +€1,107 | +13.7% |
| Gross operating margin | 9900 | €60,554 | €58,632 | -€1,921 | -3.2% |
| Operating profit (loss) | 9901 | €32,871 | €38,090 | +€5,219 | +15.9% |
| Financial income | 75/76B | €4 | €11 | +€8 | +228% |
| Recurring financial income | 75 | €4 | €11 | +€8 | +228% |
| Financial charges | 65/66B | €9,757 | €12,654 | +€2,897 | +29.7% |
| Recurring financial charges | 65 | €9,757 | €12,654 | +€2,897 | +29.7% |
| Profit (loss) for the period before taxes | 9903 | €23,117 | €25,447 | +€2,330 | +10.1% |
| Income taxes | 67/77 | €19,373 | €10,635 | -€8,738 | -45.1% |
| Profit (loss) for the period | 9904 | €3,745 | €14,813 | +€11,068 | +296% |
| Profit (loss) for the period to be appropriated | 9905 | €3,745 | €14,813 | +€11,068 | +296% |
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 20 October 2026 via checked.be.