DEVACOM: 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.
DEVACOM
Largest movements
- Tangible fixed assets -€17,562
down €17,562 (-3.4%), from €520,909 to €503,348
- Cash -€8,179
down €8,179 (-91.5%), from €8,935 to €756
mainly Debts after one year (-€15,000) and Other debts (-€11,821)
- Profit (loss) carried forward +€17,972
up €17,972 (+34.4%), from -€52,287 to -€34,315
- Debts after one year -€15,000
down €15,000 (-4.8%), from €315,000 to €300,000
- Other debts -€11,821
down €11,821 (-74.6%), from €15,850 to €4,029
- Current portion of long-term debt -€8,487
no longer reported in 2025 (was €8,487)
- Gross operating margin +€3,530
up €3,530 (+13.0%), from €27,087 to €30,617
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 | €529,844 | €504,103 | -€25,741 | -4.9% |
| Fixed assets | 21/28 | €520,909 | €503,348 | -€17,562 | -3.4% |
| Tangible fixed assets | 22/27 | €520,909 | €503,348 | -€17,562 | -3.4% |
| Land and buildings | 22 | €520,909 | €503,348 | -€17,562 | -3.4% |
| Current assets | 29/58 | €8,935 | €756 | -€8,179 | -91.5% |
| Cash at bank and in hand | 54/58 | €8,935 | €756 | -€8,179 | -91.5% |
| Total equity and liabilities | 10/49 | €529,844 | €504,103 | -€25,741 | -4.9% |
| Equity | 10/15 | €129,597 | €142,384 | +€12,787 | +9.9% |
| Contributions | 10/11 | €41,883 | €41,883 | = | 0.0% |
| Capital | 10 | €41,883 | €41,883 | = | 0.0% |
| Issued capital | 100 | €41,883 | €41,883 | = | 0.0% |
| Reserves | 13 | €140,001 | €134,816 | -€5,185 | -3.7% |
| Tax-exempt reserves | 132 | €140,001 | €134,816 | -€5,185 | -3.7% |
| Profit (loss) carried forward | 14 | -€52,287 | -€34,315 | +€17,972 | +34.4% |
| Provisions and deferred taxes | 16 | €58,808 | €56,630 | -€2,178 | -3.7% |
| Deferred taxes | 168 | €58,808 | €56,630 | -€2,178 | -3.7% |
| Amounts payable | 17/49 | €341,439 | €305,089 | -€36,349 | -10.6% |
| Amounts payable after more than one year | 17 | €315,000 | €300,000 | -€15,000 | -4.8% |
| Other amounts payable | 178/9 | €315,000 | €300,000 | -€15,000 | -4.8% |
| Amounts payable within one year | 42/48 | €24,337 | €4,029 | -€20,308 | -83.4% |
| Current portion of amounts payable after more than one year | 42 | €8,487 | - | -€8,487 | |
| Other amounts payable | 47/48 | €15,850 | €4,029 | -€11,821 | -74.6% |
| Accrued charges and deferred income | 492/3 | €2,101 | €1,060 | -€1,041 | -49.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,562 | €17,562 | = | 0.0% |
| Other operating charges | 640/8 | €2,163 | €2,229 | +€67 | +3.1% |
| Gross operating margin | 9900 | €27,087 | €30,617 | +€3,530 | +13.0% |
| Operating profit (loss) | 9901 | €7,363 | €10,826 | +€3,464 | +47.0% |
| Financial charges | 65/66B | €401 | €218 | -€183 | -45.7% |
| Recurring financial charges | 65 | €401 | €218 | -€183 | -45.7% |
| Profit (loss) for the period before taxes | 9903 | €6,962 | €10,609 | +€3,647 | +52.4% |
| Transfer from deferred taxes | 780 | €2,178 | €2,178 | = | 0.0% |
| Profit (loss) for the period | 9904 | €9,140 | €12,787 | +€3,647 | +39.9% |
| Transfer from tax-exempt reserves | 789 | €5,185 | €5,185 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,325 | €17,972 | +€3,647 | +25.5% |
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 12 October 2026 via checked.be.