Devacon: 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.
Devacon
Largest movements
- Tangible fixed assets -€21,443
down €21,443 (-8.4%), from €254,089 to €232,646
of which Furniture and vehicles: -€14,975
- Receivables within one year -€16,961
down €16,961 (-35.5%), from €47,802 to €30,841
of which Trade receivables: -€40,789
- Deferred charges and accrued income +€14,120
up €14,120 (+771%), from €1,831 to €15,951
- Profit (loss) carried forward +€36,317
up €36,317 (+80.8%), from -€44,921 to -€8,604
- Other debts -€27,778
down €27,778 (-100%), from €27,778 to €0
- Debts after one year -€21,459
down €21,459 (-9.9%), from €217,259 to €195,800
- Trade debts -€10,532
down €10,532 (-43.8%), from €24,029 to €13,497
- Gross operating margin +€42,860
up €42,860 (+188%), from €22,826 to €65,687
- Depreciation -€20,710
down €20,710 (-47.0%), from €44,089 to €23,378
- Other operating charges -€797
down €797 (-40.4%), from €1,974 to €1,176
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €305,795 | €280,701 | -€25,093 | -8.2% |
| Fixed assets | 21/28 | €254,089 | €232,646 | -€21,443 | -8.4% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €254,089 | €232,646 | -€21,443 | -8.4% |
| Land and buildings | 22 | €182,791 | €176,966 | -€5,825 | -3.2% |
| Plant, machinery and equipment | 23 | €6,096 | €5,452 | -€643 | -10.6% |
| Furniture and vehicles | 24 | €65,202 | €50,227 | -€14,975 | -23.0% |
| Current assets | 29/58 | €51,706 | €48,055 | -€3,651 | -7.1% |
| Amounts receivable within one year | 40/41 | €47,802 | €30,841 | -€16,961 | -35.5% |
| Trade receivables | 40 | €47,664 | €6,875 | -€40,789 | -85.6% |
| Other amounts receivable | 41 | €138 | €23,966 | +€23,828 | +17,330% |
| Cash at bank and in hand | 54/58 | €2,073 | €1,263 | -€810 | -39.1% |
| Deferred charges and accrued income | 490/1 | €1,831 | €15,951 | +€14,120 | +771% |
| Total equity and liabilities | 10/49 | €305,795 | €280,701 | -€25,093 | -8.2% |
| Equity | 10/15 | €9,140 | €45,457 | +€36,317 | +397% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €35,461 | €35,461 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,384 | €0 | -€1,384 | -100% |
| Reserves not available under the articles | 1311 | €1,384 | €0 | -€1,384 | -100% |
| Distributable reserves | 133 | €34,077 | €35,461 | +€1,384 | +4.1% |
| Profit (loss) carried forward | 14 | -€44,921 | -€8,604 | +€36,317 | +80.8% |
| Amounts payable | 17/49 | €296,655 | €235,244 | -€61,410 | -20.7% |
| Amounts payable after more than one year | 17 | €217,259 | €195,800 | -€21,459 | -9.9% |
| Financial debts | 170/4 | €217,259 | €195,800 | -€21,459 | -9.9% |
| Amounts payable within one year | 42/48 | €78,896 | €38,465 | -€40,430 | -51.2% |
| Current portion of amounts payable after more than one year | 42 | €20,872 | €20,456 | -€415 | -2.0% |
| Trade debts | 44 | €24,029 | €13,497 | -€10,532 | -43.8% |
| Suppliers | 440/4 | €24,029 | €13,497 | -€10,532 | -43.8% |
| Taxes, remuneration and social security | 45 | €6,216 | €4,512 | -€1,704 | -27.4% |
| Taxes | 450/3 | €6,216 | €4,512 | -€1,704 | -27.4% |
| Other amounts payable | 47/48 | €27,778 | €0 | -€27,778 | -100% |
| Accrued charges and deferred income | 492/3 | €500 | €980 | +€480 | +95.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,089 | €23,378 | -€20,710 | -47.0% |
| Other operating charges | 640/8 | €1,974 | €1,176 | -€797 | -40.4% |
| Gross operating margin | 9900 | €22,826 | €65,687 | +€42,860 | +188% |
| Operating profit (loss) | 9901 | -€23,236 | €41,132 | +€64,368 | |
| Financial income | 75/76B | €39 | €617 | +€577 | +1,475% |
| Recurring financial income | 75 | €39 | €617 | +€577 | +1,475% |
| Financial charges | 65/66B | €5,469 | €5,190 | -€279 | -5.1% |
| Recurring financial charges | 65 | €5,469 | €5,190 | -€279 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | -€28,666 | €36,559 | +€65,225 | |
| Income taxes | 67/77 | €131 | €242 | +€111 | +84.4% |
| Profit (loss) for the period | 9904 | -€28,797 | €36,317 | +€65,114 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,797 | €36,317 | +€65,114 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.