DEVACO: 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.
DEVACO
Largest movements
- Cash +€2,026
up €2,026 (+5.3%), from €38,209 to €40,236
mainly Net result for the year (+€13,038) and Trade debts (+€1,903)
- Trade debts +€1,903
up €1,903 (+557.3%), from €341 to €2,244
- Other operating charges +€281
up €281 (+3.1%), from €8,997 to €9,278
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 | €144,106 | €145,664 | +€1,558 | +1.1% |
| Fixed assets | 21/28 | €104,774 | €104,774 | = | 0.0% |
| Tangible fixed assets | 22/27 | €104,774 | €104,774 | = | 0.0% |
| Land and buildings | 22 | €104,774 | €104,774 | = | 0.0% |
| Current assets | 29/58 | €39,332 | €40,890 | +€1,558 | +4.0% |
| Amounts receivable within one year | 40/41 | €539 | €654 | +€115 | +21.3% |
| Other amounts receivable | 41 | €539 | €654 | +€115 | +21.3% |
| Cash at bank and in hand | 54/58 | €38,209 | €40,236 | +€2,026 | +5.3% |
| Deferred charges and accrued income | 490/1 | €583 | €0 | -€583 | -100.0% |
| Total equity and liabilities | 10/49 | €144,106 | €145,664 | +€1,558 | +1.1% |
| Equity | 10/15 | €130,382 | €130,382 | = | 0.0% |
| Contributions | 10/11 | €118,607 | €118,607 | = | 0.0% |
| Capital | 10 | €117,749 | €117,749 | = | 0.0% |
| Issued capital | 100 | €117,749 | €117,749 | = | 0.0% |
| Contributions outside capital | 11 | €857 | €857 | = | 0.0% |
| Share premium | 1100/10 | €857 | €857 | = | 0.0% |
| Reserves | 13 | €11,775 | €11,775 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,775 | €11,775 | = | 0.0% |
| Legal reserve | 130 | €11,775 | €11,775 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €13,724 | €15,282 | +€1,558 | +11.4% |
| Amounts payable within one year | 42/48 | €13,724 | €15,282 | +€1,558 | +11.4% |
| Trade debts | 44 | €341 | €2,244 | +€1,903 | +557.3% |
| Suppliers | 440/4 | €341 | €2,244 | +€1,903 | +557.3% |
| Taxes, remuneration and social security | 45 | €802 | €781 | -€21 | -2.6% |
| Taxes | 450/3 | €802 | €781 | -€21 | -2.6% |
| Other amounts payable | 47/48 | €12,580 | €12,256 | -€324 | -2.6% |
| Non-recurring operating income | 76A | €4,860 | €3,440 | -€1,420 | -29.2% |
| Other operating charges | 640/8 | €8,997 | €9,278 | +€281 | +3.1% |
| Gross operating margin | 9900 | €27,107 | €26,987 | -€120 | -0.4% |
| Operating profit (loss) | 9901 | €18,110 | €17,709 | -€401 | -2.2% |
| Financial charges | 65/66B | €266 | €325 | +€59 | +22.2% |
| Recurring financial charges | 65 | €266 | €325 | +€59 | +22.2% |
| Profit (loss) for the period before taxes | 9903 | €17,843 | €17,384 | -€460 | -2.6% |
| Income taxes | 67/77 | €4,461 | €4,346 | -€115 | -2.6% |
| Profit (loss) for the period | 9904 | €13,383 | €13,038 | -€345 | -2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,383 | €13,038 | -€345 | -2.6% |
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 10 October 2026 via checked.be.