DEVA: 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.
DEVA
Largest movements
- Cash -€124,001
down €124,001 (-57.8%), from €214,393 to €90,392
mainly Net result for the year (-€248,446) and Tax, wage and social debts (-€19,323)
- Deferred charges and accrued income -€10,036
down €10,036 (-63.2%), from €15,877 to €5,841
- Profit (loss) carried forward -€248,446
down €248,446 (-341.0%), from -€72,851 to -€321,297
- Trade debts +€132,607
up €132,607 (+470.5%), from €28,186 to €160,794
- Tax, wage and social debts -€19,323
down €19,323 (-95.4%), from €20,245 to €922
- Other operating charges +€160,180
up €160,180 (+277.3%), from €57,769 to €217,949
- Gross operating margin -€41,140
down €41,140, from €22,241 to -€18,899
- Taxes -€35,044
down €35,044 (-99.4%), from €35,273 to €228
- Financial charges +€9,648
up €9,648 (+1450.5%), from €665 to €10,313
- Depreciation -€674
down €674 (-38.9%), from €1,731 to €1,057
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 | €949,795 | €819,623 | -€130,173 | -13.7% |
| Fixed assets | 21/28 | €521,438 | €520,381 | -€1,057 | -0.2% |
| Tangible fixed assets | 22/27 | €521,438 | €520,381 | -€1,057 | -0.2% |
| Land and buildings | 22 | €518,626 | €518,626 | = | 0.0% |
| Furniture and vehicles | 24 | €2,812 | €1,755 | -€1,057 | -37.6% |
| Current assets | 29/58 | €428,357 | €299,241 | -€129,116 | -30.1% |
| Amounts receivable within one year | 40/41 | €198,087 | €203,008 | +€4,921 | +2.5% |
| Trade receivables | 40 | €194,110 | €197,103 | +€2,994 | +1.5% |
| Other amounts receivable | 41 | €3,977 | €5,905 | +€1,928 | +48.5% |
| Cash at bank and in hand | 54/58 | €214,393 | €90,392 | -€124,001 | -57.8% |
| Deferred charges and accrued income | 490/1 | €15,877 | €5,841 | -€10,036 | -63.2% |
| Total equity and liabilities | 10/49 | €949,795 | €819,623 | -€130,173 | -13.7% |
| Equity | 10/15 | €474,309 | €225,863 | -€248,446 | -52.4% |
| Contributions | 10/11 | €154,933 | €154,933 | = | 0.0% |
| Capital | 10 | €154,933 | €154,933 | = | 0.0% |
| Issued capital | 100 | €154,933 | €154,933 | = | 0.0% |
| Revaluation surpluses | 12 | €376,733 | €376,733 | = | 0.0% |
| Reserves | 13 | €15,493 | €15,493 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,493 | €15,493 | = | 0.0% |
| Legal reserve | 130 | €15,493 | €15,493 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,851 | -€321,297 | -€248,446 | -341.0% |
| Provisions and deferred taxes | 16 | €100,000 | €100,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €100,000 | €100,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable | 17/49 | €375,487 | €493,760 | +€118,273 | +31.5% |
| Amounts payable within one year | 42/48 | €375,487 | €493,760 | +€118,273 | +31.5% |
| Trade debts | 44 | €28,186 | €160,794 | +€132,607 | +470.5% |
| Suppliers | 440/4 | €28,186 | €160,794 | +€132,607 | +470.5% |
| Taxes, remuneration and social security | 45 | €20,245 | €922 | -€19,323 | -95.4% |
| Taxes | 450/3 | €20,245 | €922 | -€19,323 | -95.4% |
| Other amounts payable | 47/48 | €327,055 | €332,045 | +€4,989 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,731 | €1,057 | -€674 | -38.9% |
| Other operating charges | 640/8 | €57,769 | €217,949 | +€160,180 | +277.3% |
| Gross operating margin | 9900 | €22,241 | -€18,899 | -€41,140 | |
| Operating profit (loss) | 9901 | -€37,259 | -€237,905 | -€200,645 | -538.5% |
| Financial income | 75/76B | €346 | €0 | -€346 | -100.0% |
| Recurring financial income | 75 | €346 | €0 | -€346 | -100.0% |
| Financial charges | 65/66B | €665 | €10,313 | +€9,648 | +1450.5% |
| Recurring financial charges | 65 | €665 | €10,313 | +€9,648 | +1450.5% |
| Profit (loss) for the period before taxes | 9903 | -€37,578 | -€248,218 | -€210,640 | -560.5% |
| Income taxes | 67/77 | €35,273 | €228 | -€35,044 | -99.4% |
| Profit (loss) for the period | 9904 | -€72,851 | -€248,446 | -€175,595 | -241.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€72,851 | -€248,446 | -€175,595 | -241.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.