Devadesc: 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.
Devadesc
Largest movements
- Receivables after one year -€100,000
down €100,000 (-100%), from €100,000 to €0
- Current investments +€75,000
up €75,000 (+300%), from €25,000 to €100,000
- Cash -€34,703
down €34,703 (-63.5%), from €54,624 to €19,921
mainly Contributions, distributions and other (-€235,495) and Current investments (-€75,000)
- Receivables within one year -€34,364
down €34,364 (-55.2%), from €62,223 to €27,859
of which Other amounts receivable: -€33,886
- Reserves -€110,000
down €110,000 (-57.9%), from €190,000 to €80,000
- Other debts +€45,030
up €45,030, from €0 to €45,030
- Profit (loss) carried forward -€31,923
down €31,923 (-100%), from €31,923 to €0
- Tax, wage and social debts +€6,839
up €6,839 (+46.6%), from €14,663 to €21,502
- Accrued charges and deferred income -€3,870
down €3,870 (-88.6%), from €4,367 to €497
- Gross operating margin +€19,538
up €19,538 (+19.6%), from €99,845 to €119,384
- Taxes +€3,755
up €3,755 (+17.3%), from €21,704 to €25,459
- Financial income -€2,954
down €2,954 (-70.8%), from €4,170 to €1,216
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 | €243,343 | €149,929 | -€93,415 | -38.4% |
| Fixed assets | 21/28 | €984 | €1,327 | +€342 | +34.8% |
| Tangible fixed assets | 22/27 | €984 | €1,327 | +€342 | +34.8% |
| Furniture and vehicles | 24 | €984 | €1,327 | +€342 | +34.8% |
| Current assets | 29/58 | €242,359 | €148,602 | -€93,757 | -38.7% |
| Amounts receivable after more than one year | 29 | €100,000 | €0 | -€100,000 | -100% |
| Other amounts receivable | 291 | €100,000 | €0 | -€100,000 | -100% |
| Amounts receivable within one year | 40/41 | €62,223 | €27,859 | -€34,364 | -55.2% |
| Trade receivables | 40 | €28,337 | €27,859 | -€478 | -1.7% |
| Other amounts receivable | 41 | €33,886 | €0 | -€33,886 | -100% |
| Current investments | 50/53 | €25,000 | €100,000 | +€75,000 | +300% |
| Cash at bank and in hand | 54/58 | €54,624 | €19,921 | -€34,703 | -63.5% |
| Deferred charges and accrued income | 490/1 | €512 | €822 | +€310 | +60.6% |
| Total equity and liabilities | 10/49 | €243,343 | €149,929 | -€93,415 | -38.4% |
| Equity | 10/15 | €223,923 | €82,000 | -€141,923 | -63.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €190,000 | €80,000 | -€110,000 | -57.9% |
| Distributable reserves | 133 | €190,000 | €80,000 | -€110,000 | -57.9% |
| Profit (loss) carried forward | 14 | €31,923 | €0 | -€31,923 | -100% |
| Amounts payable | 17/49 | €19,420 | €67,929 | +€48,509 | +250% |
| Amounts payable within one year | 42/48 | €15,054 | €67,432 | +€52,378 | +348% |
| Trade debts | 44 | €390 | €900 | +€510 | +131% |
| Suppliers | 440/4 | €390 | €900 | +€510 | +131% |
| Taxes, remuneration and social security | 45 | €14,663 | €21,502 | +€6,839 | +46.6% |
| Taxes | 450/3 | €14,663 | €21,502 | +€6,839 | +46.6% |
| Other amounts payable | 47/48 | €0 | €45,030 | +€45,030 | |
| Accrued charges and deferred income | 492/3 | €4,367 | €497 | -€3,870 | -88.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €533 | €875 | +€342 | +64.1% |
| Other operating charges | 640/8 | €638 | €510 | -€128 | -20.1% |
| Gross operating margin | 9900 | €99,845 | €119,384 | +€19,538 | +19.6% |
| Operating profit (loss) | 9901 | €98,675 | €118,000 | +€19,325 | +19.6% |
| Financial income | 75/76B | €4,170 | €1,216 | -€2,954 | -70.8% |
| Recurring financial income | 75 | €4,170 | €1,216 | -€2,954 | -70.8% |
| Financial charges | 65/66B | €37 | €185 | +€147 | +396% |
| Recurring financial charges | 65 | €37 | €185 | +€147 | +396% |
| Profit (loss) for the period before taxes | 9903 | €102,808 | €119,031 | +€16,223 | +15.8% |
| Income taxes | 67/77 | €21,704 | €25,459 | +€3,755 | +17.3% |
| Profit (loss) for the period | 9904 | €81,104 | €93,572 | +€12,468 | +15.4% |
| Profit (loss) for the period to be appropriated | 9905 | €81,104 | €93,572 | +€12,468 | +15.4% |
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 26 October 2026 via checked.be.