Devagro Transport: what changed
What changed
Devagro Transport
NACE 38.330, Waste collection, recovery and disposal activities
filed annual accounts (NBB)
Net result for the year
€4,121
2024 · €5,814-€1,692
Equity
€78,862
2024 · €74,741+€4,121
Cash
€22,879
2024 · €416,694-€393,815
Balance sheet total
€2.3m
2024 · €1.2m+€1.1m
Largest movements
Assets
- Receivables within one year +€1.6m
up €1.6m (+1,152%), from €139,836 to €1.8m
- Cash -€393,815
down €393,815 (-94.5%), from €416,694 to €22,879
mainly Receivables within one year (-€1.6m) and Tax, wage and social debts (-€67,951)
- Tangible fixed assets -€167,878
down €167,878 (-25.2%), from €667,022 to €499,144
Equity and liabilities
- Trade debts +€1.1m
up €1.1m (+675%), from €166,537 to €1.3m
- Tax, wage and social debts -€67,951
down €67,951 (-60.3%), from €112,733 to €44,782
of which Taxes: -€71,199
Income statement
- Gross operating margin +€117,702
up €117,702 (+26.4%), from €446,613 to €564,315
- Depreciation +€77,230
up €77,230 (+85.2%), from €90,648 to €167,878
- Staff costs +€50,911
up €50,911 (+15.3%), from €333,043 to €383,954
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€5,814
Gross operating margin
+€117,702
Staff costs
-€50,911
Depreciation
-€77,230
Other operating charges
+€3,420
Financial income
-€10
Financial charges
+€4,544
Taxes
+€792
Result 2025
€4,121
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€393,815
Investment
€0
Financing
€0
Cash 2024
€416,694
From operations (derived)
-€393,815
Net result for the year
+€4,121
Depreciation
+€167,878
Receivables within one year
-€1.6m
Deferred charges and accrued income
-€11,657
Trade debts
+€1.1m
Tax, wage and social debts
-€67,951
Cash 2025
€22,879
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,228,012 | €2,288,393 | +€1.1m | +86.3% |
| Fixed assets | 21/28 | €667,967 | €500,089 | -€167,878 | -25.1% |
| Tangible fixed assets | 22/27 | €667,022 | €499,144 | -€167,878 | -25.2% |
| Furniture and vehicles | 24 | €667,022 | €499,144 | -€167,878 | -25.2% |
| Financial fixed assets | 28 | €945 | €945 | = | 0.0% |
| Current assets | 29/58 | €560,045 | €1,788,304 | +€1.2m | +219% |
| Amounts receivable within one year | 40/41 | €139,836 | €1,750,253 | +€1.6m | +1,152% |
| Trade receivables | 40 | €139,836 | €1,750,253 | +€1.6m | +1,152% |
| Cash at bank and in hand | 54/58 | €416,694 | €22,879 | -€393,815 | -94.5% |
| Deferred charges and accrued income | 490/1 | €3,515 | €15,172 | +€11,657 | +332% |
| Total equity and liabilities | 10/49 | €1,228,012 | €2,288,393 | +€1.1m | +86.3% |
| Equity | 10/15 | €74,741 | €78,862 | +€4,121 | +5.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,281 | €58,402 | +€4,121 | +7.6% |
| Amounts payable | 17/49 | €1,153,270 | €2,209,531 | +€1.1m | +91.6% |
| Amounts payable within one year | 42/48 | €1,153,270 | €2,209,531 | +€1.1m | +91.6% |
| Trade debts | 44 | €166,537 | €1,290,749 | +€1.1m | +675% |
| Suppliers | 440/4 | €166,537 | €1,290,749 | +€1.1m | +675% |
| Taxes, remuneration and social security | 45 | €112,733 | €44,782 | -€67,951 | -60.3% |
| Taxes | 450/3 | €83,787 | €12,587 | -€71,199 | -85.0% |
| Remuneration and social security | 454/9 | €28,946 | €32,195 | +€3,248 | +11.2% |
| Other amounts payable | 47/48 | €874,000 | €874,000 | = | 0.0% |
| Non-recurring operating income | 76A | €12,114 | €0 | -€12,114 | -100% |
| Remuneration, social security and pensions | 62 | €333,043 | €383,954 | +€50,911 | +15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,648 | €167,878 | +€77,230 | +85.2% |
| Other operating charges | 640/8 | €7,061 | €3,641 | -€3,420 | -48.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €446,613 | €564,315 | +€117,702 | +26.4% |
| Operating profit (loss) | 9901 | €15,861 | €8,843 | -€7,019 | -44.3% |
| Financial income | 75/76B | €10 | €0 | -€10 | -100% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -100% |
| Financial charges | 65/66B | €5,231 | €687 | -€4,544 | -86.9% |
| Recurring financial charges | 65 | €5,231 | €687 | -€4,544 | -86.9% |
| Profit (loss) for the period before taxes | 9903 | €10,639 | €8,155 | -€2,484 | -23.3% |
| Income taxes | 67/77 | €4,826 | €4,034 | -€792 | -16.4% |
| Profit (loss) for the period | 9904 | €5,814 | €4,121 | -€1,692 | -29.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,814 | €4,121 | -€1,692 | -29.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.