DEVA ENGINEERING: 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 ENGINEERING
Largest movements
- Receivables within one year +€33,910
up €33,910 (+99.4%), from €34,099 to €68,009
of which Trade receivables: +€44,289
- Cash +€28,753
up €28,753 (+49.1%), from €58,548 to €87,301
mainly Net result for the year (+€82,875) and Depreciation (+€8,716)
- Tangible fixed assets -€8,716
down €8,716 (-25.7%), from €33,849 to €25,133
- Reserves +€42,185
up €42,185 (+66.6%), from €63,357 to €105,542
- Profit (loss) carried forward +€32,875
new in 2025: €32,875
- Other debts -€24,137
down €24,137 (-75.5%), from €31,952 to €7,815
- Tax, wage and social debts +€2,790
up €2,790 (+20.0%), from €13,925 to €16,716
- Gross operating margin +€73,479
up €73,479 (+151.7%), from €48,429 to €121,908
- Taxes +€17,862
up €17,862 (+153.5%), from €11,640 to €29,503
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 | €129,235 | €183,435 | +€54,201 | +41.9% |
| Fixed assets | 21/28 | €34,000 | €25,284 | -€8,716 | -25.6% |
| Tangible fixed assets | 22/27 | €33,849 | €25,133 | -€8,716 | -25.7% |
| Furniture and vehicles | 24 | €33,849 | €25,133 | -€8,716 | -25.7% |
| Financial fixed assets | 28 | €151 | €151 | = | 0.0% |
| Current assets | 29/58 | €95,235 | €158,152 | +€62,917 | +66.1% |
| Stocks and contracts in progress | 3 | €1,550 | €1,550 | = | 0.0% |
| Stocks | 30/36 | €1,550 | €1,550 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €34,099 | €68,009 | +€33,910 | +99.4% |
| Trade receivables | 40 | €20,299 | €64,588 | +€44,289 | +218.2% |
| Other amounts receivable | 41 | €13,800 | €3,420 | -€10,380 | -75.2% |
| Cash at bank and in hand | 54/58 | €58,548 | €87,301 | +€28,753 | +49.1% |
| Deferred charges and accrued income | 490/1 | €1,038 | €1,292 | +€254 | +24.5% |
| Total equity and liabilities | 10/49 | €129,235 | €183,435 | +€54,201 | +41.9% |
| Equity | 10/15 | €83,357 | €158,418 | +€75,060 | +90.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €63,357 | €105,542 | +€42,185 | +66.6% |
| Distributable reserves | 133 | €63,357 | €105,542 | +€42,185 | +66.6% |
| Profit (loss) carried forward | 14 | - | €32,875 | +€32,875 | |
| Amounts payable | 17/49 | €45,878 | €25,018 | -€20,860 | -45.5% |
| Amounts payable within one year | 42/48 | €45,878 | €25,018 | -€20,860 | -45.5% |
| Trade debts | 44 | - | €487 | +€487 | |
| Suppliers | 440/4 | - | €487 | +€487 | |
| Taxes, remuneration and social security | 45 | €13,925 | €16,716 | +€2,790 | +20.0% |
| Taxes | 450/3 | €13,925 | €16,716 | +€2,790 | +20.0% |
| Other amounts payable | 47/48 | €31,952 | €7,815 | -€24,137 | -75.5% |
| Non-recurring operating income | 76A | €2,354 | - | -€2,354 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,112 | €8,716 | +€604 | +7.4% |
| Other operating charges | 640/8 | €1,486 | €1,368 | -€118 | -8.0% |
| Gross operating margin | 9900 | €48,429 | €121,908 | +€73,479 | +151.7% |
| Operating profit (loss) | 9901 | €38,831 | €111,824 | +€72,993 | +188.0% |
| Financial income | 75/76B | €423 | €654 | +€231 | +54.5% |
| Recurring financial income | 75 | €423 | €654 | +€231 | +54.5% |
| Financial charges | 65/66B | €136 | €99 | -€36 | -26.8% |
| Recurring financial charges | 65 | €136 | €99 | -€36 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | €39,118 | €112,378 | +€73,260 | +187.3% |
| Income taxes | 67/77 | €11,640 | €29,503 | +€17,862 | +153.5% |
| Profit (loss) for the period | 9904 | €27,477 | €82,875 | +€55,398 | +201.6% |
| Profit (loss) for the period to be appropriated | 9905 | €27,477 | €82,875 | +€55,398 | +201.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.