DEVADECOR: 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.
DEVADECOR
Largest movements
- Receivables within one year -€43,193
down €43,193 (-13.4%), from €321,142 to €277,949
of which Other amounts receivable: -€41,416
- Debts after one year -€57,078
down €57,078 (-15.5%), from €368,726 to €311,648
- Profit (loss) carried forward +€21,093
up €21,093 (+7.6%), from €278,364 to €299,457
- Trade debts -€19,558
down €19,558 (-26.5%), from €73,856 to €54,297
- Tax, wage and social debts +€16,537
up €16,537 (+157%), from €10,534 to €27,071
of which Taxes: +€14,180
- Current portion of long-term debt -€13,764
down €13,764 (-17.1%), from €80,484 to €66,720
- Gross operating margin +€40,303
up €40,303 (+30.2%), from €133,310 to €173,614
- Taxes +€10,598
up €10,598 (+781%), from €1,358 to €11,956
- Financial charges -€3,546
down €3,546 (-18.0%), from €19,647 to €16,101
- Staff costs +€3,290
up €3,290 (+3.8%), from €86,277 to €89,567
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.
Derived cash bridge
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 | €1,139,720 | €1,096,929 | -€42,791 | -3.8% |
| Fixed assets | 21/28 | €792,305 | €782,068 | -€10,237 | -1.3% |
| Tangible fixed assets | 22/27 | €791,372 | €781,135 | -€10,237 | -1.3% |
| Land and buildings | 22 | €786,942 | €767,400 | -€19,543 | -2.5% |
| Plant, machinery and equipment | 23 | €0 | €9,881 | +€9,881 | |
| Furniture and vehicles | 24 | €4,429 | €3,855 | -€575 | -13.0% |
| Financial fixed assets | 28 | €933 | €933 | = | 0.0% |
| Current assets | 29/58 | €347,415 | €314,860 | -€32,555 | -9.4% |
| Amounts receivable within one year | 40/41 | €321,142 | €277,949 | -€43,193 | -13.4% |
| Trade receivables | 40 | €201,836 | €200,059 | -€1,777 | -0.9% |
| Other amounts receivable | 41 | €119,306 | €77,890 | -€41,416 | -34.7% |
| Cash at bank and in hand | 54/58 | €24,833 | €35,138 | +€10,304 | +41.5% |
| Deferred charges and accrued income | 490/1 | €1,439 | €1,773 | +€334 | +23.2% |
| Total equity and liabilities | 10/49 | €1,139,720 | €1,096,929 | -€42,791 | -3.8% |
| Equity | 10/15 | €556,048 | €577,142 | +€21,093 | +3.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €259,084 | €259,084 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €257,224 | €257,224 | = | 0.0% |
| Profit (loss) carried forward | 14 | €278,364 | €299,457 | +€21,093 | +7.6% |
| Amounts payable | 17/49 | €583,671 | €519,787 | -€63,884 | -10.9% |
| Amounts payable after more than one year | 17 | €368,726 | €311,648 | -€57,078 | -15.5% |
| Financial debts | 170/4 | €368,726 | €311,648 | -€57,078 | -15.5% |
| Amounts payable within one year | 42/48 | €214,946 | €198,139 | -€16,807 | -7.8% |
| Current portion of amounts payable after more than one year | 42 | €80,484 | €66,720 | -€13,764 | -17.1% |
| Financial debts | 43 | €50,000 | €50,000 | = | 0.0% |
| Credit institutions | 430/8 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €73,856 | €54,297 | -€19,558 | -26.5% |
| Suppliers | 440/4 | €73,856 | €54,297 | -€19,558 | -26.5% |
| Taxes, remuneration and social security | 45 | €10,534 | €27,071 | +€16,537 | +157% |
| Taxes | 450/3 | €28 | €14,208 | +€14,180 | +50,105% |
| Remuneration and social security | 454/9 | €10,505 | €12,863 | +€2,357 | +22.4% |
| Other amounts payable | 47/48 | €72 | €50 | -€22 | -30.2% |
| Accrued charges and deferred income | 492/3 | - | €10,000 | +€10,000 | |
| Remuneration, social security and pensions | 62 | €86,277 | €89,567 | +€3,290 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,222 | €28,992 | +€770 | +2.7% |
| Other operating charges | 640/8 | €5,473 | €5,909 | +€436 | +8.0% |
| Gross operating margin | 9900 | €133,310 | €173,614 | +€40,303 | +30.2% |
| Operating profit (loss) | 9901 | €13,339 | €49,146 | +€35,808 | +268% |
| Financial income | 75/76B | €0 | €4 | +€3 | +1,675% |
| Recurring financial income | 75 | €0 | €4 | +€3 | +1,675% |
| Financial charges | 65/66B | €19,647 | €16,101 | -€3,546 | -18.0% |
| Recurring financial charges | 65 | €19,647 | €16,101 | -€3,546 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,308 | €33,049 | +€39,357 | |
| Income taxes | 67/77 | €1,358 | €11,956 | +€10,598 | +781% |
| Profit (loss) for the period | 9904 | -€7,665 | €21,093 | +€28,759 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,665 | €21,093 | +€28,759 |
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 20 October 2026 via checked.be.