Deva 23: 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.
Deva 23
Largest movements
- Stocks and contracts -€25,149
down €25,149 (-50.3%), from €50,025 to €24,876
- Tangible fixed assets +€4,285
up €4,285 (+242.0%), from €1,771 to €6,056
of which Plant, machinery and equipment: +€4,685
- Cash -€3,746
down €3,746 (-50.6%), from €7,401 to €3,655
mainly Net result for the year (-€52,841) and Investment in fixed assets (net) (-€5,000)
- Receivables within one year -€2,799
down €2,799 (-97.3%), from €2,875 to €77
- Profit (loss) carried forward -€52,841
down €52,841 (-1016.5%), from -€5,198 to -€58,040
- Other debts +€11,318
up €11,318 (+26.1%), from €43,414 to €54,733
- Trade debts +€9,703
up €9,703 (+55.1%), from €17,617 to €27,320
- Tax, wage and social debts +€4,653
up €4,653 (+143.6%), from €3,240 to €7,893
of which Remuneration and social security: +€3,927
- Gross operating margin -€34,684
down €34,684, from €269 to -€34,415
- Staff costs +€9,942
up €9,942 (+272.5%), from €3,648 to €13,591
- Other operating charges +€2,622
up €2,622 (+176.8%), from €1,483 to €4,105
- Depreciation +€486
up €486 (+212.2%), from €229 to €715
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 | €62,072 | €34,906 | -€27,167 | -43.8% |
| Fixed assets | 21/28 | €1,771 | €6,056 | +€4,285 | +242.0% |
| Tangible fixed assets | 22/27 | €1,771 | €6,056 | +€4,285 | +242.0% |
| Plant, machinery and equipment | 23 | - | €4,685 | +€4,685 | |
| Furniture and vehicles | 24 | €1,771 | €1,371 | -€400 | -22.6% |
| Current assets | 29/58 | €60,302 | €28,850 | -€31,452 | -52.2% |
| Stocks and contracts in progress | 3 | €50,025 | €24,876 | -€25,149 | -50.3% |
| Stocks | 30/36 | €50,025 | €24,876 | -€25,149 | -50.3% |
| Amounts receivable within one year | 40/41 | €2,875 | €77 | -€2,799 | -97.3% |
| Other amounts receivable | 41 | €2,875 | €77 | -€2,799 | -97.3% |
| Cash at bank and in hand | 54/58 | €7,401 | €3,655 | -€3,746 | -50.6% |
| Deferred charges and accrued income | 490/1 | - | €242 | +€242 | |
| Total equity and liabilities | 10/49 | €62,072 | €34,906 | -€27,167 | -43.8% |
| Equity | 10/15 | -€2,198 | -€55,040 | -€52,841 | -2403.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,198 | -€58,040 | -€52,841 | -1016.5% |
| Amounts payable | 17/49 | €64,271 | €89,945 | +€25,675 | +39.9% |
| Amounts payable within one year | 42/48 | €64,271 | €89,945 | +€25,675 | +39.9% |
| Trade debts | 44 | €17,617 | €27,320 | +€9,703 | +55.1% |
| Suppliers | 440/4 | €17,617 | €27,320 | +€9,703 | +55.1% |
| Taxes, remuneration and social security | 45 | €3,240 | €7,893 | +€4,653 | +143.6% |
| Taxes | 450/3 | €2,190 | €2,917 | +€727 | +33.2% |
| Remuneration and social security | 454/9 | €1,049 | €4,976 | +€3,927 | +374.2% |
| Other amounts payable | 47/48 | €43,414 | €54,733 | +€11,318 | +26.1% |
| Remuneration, social security and pensions | 62 | €3,648 | €13,591 | +€9,942 | +272.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €229 | €715 | +€486 | +212.2% |
| Other operating charges | 640/8 | €1,483 | €4,105 | +€2,622 | +176.8% |
| Gross operating margin | 9900 | €269 | -€34,415 | -€34,684 | |
| Operating profit (loss) | 9901 | -€5,091 | -€52,825 | -€47,734 | -937.5% |
| Financial charges | 65/66B | €107 | €16 | -€91 | -85.2% |
| Recurring financial charges | 65 | €107 | €16 | -€91 | -85.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,198 | -€52,841 | -€47,643 | -916.5% |
| Profit (loss) for the period | 9904 | -€5,198 | -€52,841 | -€47,643 | -916.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,198 | -€52,841 | -€47,643 | -916.5% |
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 9 October 2026 via checked.be.