Devagro Saneringen: 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.
What changed
Devagro Saneringen
NACE 38.330, Waste collection, recovery and disposal activities
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€654,686
2024 · €31,835+€622,851
Equity
€4.7m
2024 · €4.0m+€654,686
Cash
€3.9m
2024 · €2.0m+€1.9m
Balance sheet total
€38.1m
2024 · €26.9m+€11.3m
Largest movements
Assets
- Financial fixed assets +€12.0m
up €12.0m (+12442.2%), from €96,335 to €12.1m
of which Affiliated companies: +€12.0m
- Receivables within one year -€6.6m
down €6.6m (-51.8%), from €12.8m to €6.2m
of which Trade receivables: -€4.0m
- Receivables after one year +€4.5m
up €4.5m (+44.6%), from €10.1m to €14.6m
- Cash +€1.9m
up €1.9m (+94.5%), from €2.0m to €3.9m
mainly Debts after one year (+€10.7m) and Receivables within one year (+€6.6m)
- Tangible fixed assets -€448,526
down €448,526 (-48.4%), from €925,853 to €477,327
of which Plant, machinery and equipment: -€342,567
Equity and liabilities
- Debts after one year +€10.7m
new in 2025: €10.7m
- Trade debts +€1.1m
up €1.1m (+12.5%), from €8.8m to €9.9m
- Other debts -€872,000
down €872,000 (-100.0%), from €872,000 to €0
- Profit (loss) carried forward +€654,686
up €654,686 (+25.1%), from €2.6m to €3.3m
Income statement
- Turnover +€4.8m
up €4.8m (+21.5%), from €22.4m to €27.3m
- Goods and materials +€4.2m
up €4.2m (+22.9%), from €18.2m to €22.4m
- Services and other goods +€1.2m
up €1.2m (+63.7%), from €1.9m to €3.1m
- Provisions -€1.0m
down €1.0m, from €678,738 to -€324,649
- Financial income +€596,182
up €596,182 (+144.6%), from €412,287 to €1.0m
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.
Result 2024
€31,835
Turnover
+€4.8m
Other operating income
+€31,769
Goods and materials
-€4.2m
Services and other goods
-€1.2m
Staff costs
-€134,278
Depreciation
+€194,732
Write-downs
-€78,147
Provisions
+€1.0m
Other operating charges
-€38,770
Other operating items
+€58,309
Financial income
+€596,182
Financial charges
-€377,440
Taxes
-€52,417
Result 2025
€654,686
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.
From operations
+€3.2m
Investment
-€11.9m
Financing
+€10.7m
Cash 2024
€2.0m
From operations (derived)
+€3.2m
Net result for the year
+€654,686
Depreciation
+€398,032
Receivables after one year
-€4.5m
Receivables within one year
+€6.6m
Smaller working-capital items
+€13,803
Provisions
-€324,649
Trade debts
+€1.1m
Tax, wage and social debts
+€46,350
Other debts
-€872,000
Investment (derived)
-€11.9m
Investment in fixed assets (net)
-€11.9m
Financing
+€10.7m
Debts after one year
+€10.7m
Cash 2025
€3.9m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,877,972 | €38,148,822 | +€11.3m | +41.9% |
| Fixed assets | 21/28 | €1,022,188 | €12,559,822 | +€11.5m | +1128.7% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €925,853 | €477,327 | -€448,526 | -48.4% |
| Land and buildings | 22 | €51,072 | €0 | -€51,072 | -100.0% |
| Plant, machinery and equipment | 23 | €734,935 | €392,369 | -€342,567 | -46.6% |
| Furniture and vehicles | 24 | €127,725 | €84,958 | -€42,767 | -33.5% |
| Other tangible fixed assets | 26 | €12,120 | €0 | -€12,120 | -100.0% |
| Financial fixed assets | 28 | €96,335 | €12,082,495 | +€12.0m | +12442.2% |
| Affiliated companies | 280/1 | - | €11,986,295 | +€12.0m | |
| Participating interests | 280 | - | €11,986,295 | +€12.0m | |
| Other financial fixed assets | 284/8 | €96,335 | €96,200 | -€135 | -0.1% |
| Shares | 284 | €12,500 | €12,500 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €83,835 | €83,700 | -€135 | -0.2% |
| Current assets | 29/58 | €25,855,785 | €25,589,000 | -€266,784 | -1.0% |
| Amounts receivable after more than one year | 29 | €10,125,999 | €14,640,708 | +€4.5m | +44.6% |
| Other amounts receivable | 291 | €10,125,999 | €14,640,708 | +€4.5m | +44.6% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €12,840,671 | €6,191,454 | -€6.6m | -51.8% |
| Trade receivables | 40 | €9,521,620 | €5,527,262 | -€4.0m | -42.0% |
| Other amounts receivable | 41 | €3,319,051 | €664,192 | -€2.7m | -80.0% |
| Current investments | 50/53 | €884,115 | €884,115 | = | 0.0% |
| Own shares | 50 | €884,115 | €884,115 | = | 0.0% |
| Other investments | 51/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €1,988,571 | €3,867,103 | +€1.9m | +94.5% |
| Deferred charges and accrued income | 490/1 | €16,429 | €5,621 | -€10,809 | -65.8% |
| Total equity and liabilities | 10/49 | €26,877,972 | €38,148,822 | +€11.3m | +41.9% |
| Equity | 10/15 | €4,004,270 | €4,658,956 | +€654,686 | +16.3% |
| Contributions | 10/11 | €212,908 | €212,908 | = | 0.0% |
| Capital | 10 | €212,908 | €212,908 | = | 0.0% |
| Issued capital | 100 | €212,908 | €212,908 | = | 0.0% |
| Reserves | 13 | €1,178,630 | €1,178,630 | = | 0.0% |
| Non-distributable reserves | 130/1 | €905,406 | €905,406 | = | 0.0% |
| Legal reserve | 130 | €21,291 | €21,291 | = | 0.0% |
| Own shares acquired | 1312 | €884,115 | €884,115 | = | 0.0% |
| Distributable reserves | 133 | €273,225 | €273,225 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,612,732 | €3,267,417 | +€654,686 | +25.1% |
| Provisions and deferred taxes | 16 | €13,067,635 | €12,742,987 | -€324,649 | -2.5% |
| Provisions for liabilities and charges | 160/5 | €13,067,635 | €12,742,987 | -€324,649 | -2.5% |
| Other liabilities and charges | 164/5 | €13,067,635 | €12,742,987 | -€324,649 | -2.5% |
| Amounts payable | 17/49 | €9,806,068 | €20,746,880 | +€10.9m | +111.6% |
| Amounts payable after more than one year | 17 | - | €10,661,817 | +€10.7m | |
| Financial debts | 170/4 | - | €10,661,817 | +€10.7m | |
| Other loans | 174 | - | €10,661,817 | +€10.7m | |
| Amounts payable within one year | 42/48 | €9,806,068 | €10,082,068 | +€276,000 | +2.8% |
| Trade debts | 44 | €8,838,610 | €9,940,261 | +€1.1m | +12.5% |
| Suppliers | 440/4 | €8,838,610 | €9,940,261 | +€1.1m | +12.5% |
| Taxes, remuneration and social security | 45 | €95,457 | €141,807 | +€46,350 | +48.6% |
| Taxes | 450/3 | €9,322 | €38,446 | +€29,123 | +312.4% |
| Remuneration and social security | 454/9 | €86,135 | €103,361 | +€17,226 | +20.0% |
| Other amounts payable | 47/48 | €872,000 | €0 | -€872,000 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €2,995 | +€2,995 | |
| Operating income | 70/76A | €22,575,431 | €27,444,870 | +€4.9m | +21.6% |
| Turnover | 70 | €22,444,471 | €27,259,253 | +€4.8m | +21.5% |
| Other operating income | 74 | €107,460 | €139,229 | +€31,769 | +29.6% |
| Non-recurring operating income | 76A | €23,500 | €46,388 | +€22,888 | +97.4% |
| Operating charges | 60/66A | €22,975,427 | €27,388,341 | +€4.4m | +19.2% |
| Goods for resale, raw materials and consumables | 60 | €18,231,273 | €22,406,067 | +€4.2m | +22.9% |
| Purchases | 600/8 | €18,231,273 | €22,406,067 | +€4.2m | +22.9% |
| Services and other goods | 61 | €1,917,346 | €3,137,809 | +€1.2m | +63.7% |
| Remuneration, social security and pensions | 62 | €1,409,697 | €1,543,974 | +€134,278 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €592,763 | €398,032 | -€194,732 | -32.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €59,261 | €137,408 | +€78,147 | +131.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €678,738 | -€324,649 | -€1.0m | |
| Other operating charges | 640/8 | €43,981 | €82,751 | +€38,770 | +88.2% |
| Non-recurring operating charges | 66A | €42,369 | €6,948 | -€35,421 | -83.6% |
| Operating profit (loss) | 9901 | -€399,996 | €56,529 | +€456,525 | |
| Financial income | 75/76B | €412,287 | €1,008,469 | +€596,182 | +144.6% |
| Recurring financial income | 75 | €412,287 | €1,008,469 | +€596,182 | +144.6% |
| Income from financial fixed assets | 750 | €1,515 | €6,967 | +€5,452 | +359.9% |
| Income from current assets | 751 | €306,568 | €428,850 | +€122,282 | +39.9% |
| Other financial income | 752/9 | €104,204 | €572,653 | +€468,448 | +449.5% |
| Financial charges | 65/66B | -€15,044 | €362,396 | +€377,440 | |
| Recurring financial charges | 65 | -€15,044 | €362,396 | +€377,440 | |
| Debt charges | 650 | €0 | €360,121 | +€360,121 | |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | -€21,822 | €0 | +€21,822 | |
| Other financial charges | 652/9 | €6,778 | €2,275 | -€4,503 | -66.4% |
| Profit (loss) for the period before taxes | 9903 | €27,335 | €702,603 | +€675,268 | +2470.4% |
| Income taxes | 67/77 | -€4,500 | €47,917 | +€52,417 | |
| Taxes | 670/3 | €12,514 | €47,917 | +€35,403 | +282.9% |
| Tax adjustments and reversals of tax provisions | 77 | €17,014 | €0 | -€17,014 | -100.0% |
| Profit (loss) for the period | 9904 | €31,835 | €654,686 | +€622,851 | +1956.5% |
| Profit (loss) for the period to be appropriated | 9905 | €31,835 | €654,686 | +€622,851 | +1956.5% |
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.