DEVAKO: 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.
DEVAKO
Largest movements
- Stocks and contracts +€93,639
up €93,639 (+99.3%), from €94,313 to €187,953
- Cash -€78,487
down €78,487 (-59.2%), from €132,684 to €54,197
mainly Stocks and contracts (-€93,639) and Trade debts (-€9,027)
- Receivables within one year -€23,703
down €23,703 (-83.0%), from €28,546 to €4,843
of which Trade receivables: -€24,847
- Tangible fixed assets -€7,667
down €7,667 (-26.2%), from €29,212 to €21,545
of which Furniture and vehicles: -€5,810
- Trade debts -€9,027
down €9,027 (-92.4%), from €9,764 to €738
- Tax, wage and social debts -€7,951
down €7,951 (-100.0%), from €7,951 to €0
of which Taxes: -€7,951
- Other operating charges -€926
down €926 (-44.3%), from €2,088 to €1,163
- Gross operating margin -€526
down €526 (-5.6%), from €9,451 to €8,925
- Financial income -€523
down €523 (-100.0%), from €523 to €0
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €285,730 | €268,782 | -€16,948 | -5.9% |
| Fixed assets | 21/28 | €29,212 | €21,545 | -€7,667 | -26.2% |
| Tangible fixed assets | 22/27 | €29,212 | €21,545 | -€7,667 | -26.2% |
| Land and buildings | 22 | €6,107 | €5,428 | -€679 | -11.1% |
| Plant, machinery and equipment | 23 | €3,760 | €2,581 | -€1,179 | -31.4% |
| Furniture and vehicles | 24 | €19,346 | €13,536 | -€5,810 | -30.0% |
| Current assets | 29/58 | €256,518 | €247,237 | -€9,281 | -3.6% |
| Stocks and contracts in progress | 3 | €94,313 | €187,953 | +€93,639 | +99.3% |
| Stocks | 30/36 | €94,313 | €187,953 | +€93,639 | +99.3% |
| Amounts receivable within one year | 40/41 | €28,546 | €4,843 | -€23,703 | -83.0% |
| Trade receivables | 40 | €28,512 | €3,665 | -€24,847 | -87.1% |
| Other amounts receivable | 41 | €33 | €1,178 | +€1,145 | +3441.1% |
| Cash at bank and in hand | 54/58 | €132,684 | €54,197 | -€78,487 | -59.2% |
| Deferred charges and accrued income | 490/1 | €975 | €244 | -€731 | -74.9% |
| Total equity and liabilities | 10/49 | €285,730 | €268,782 | -€16,948 | -5.9% |
| Equity | 10/15 | €268,015 | €267,942 | -€73 | 0.0% |
| Contributions | 10/11 | €175,000 | €175,000 | = | 0.0% |
| Reserves | 13 | €93,015 | €92,942 | -€73 | -0.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €47,739 | €47,739 | = | 0.0% |
| Distributable reserves | 133 | €45,276 | €45,202 | -€73 | -0.2% |
| Amounts payable | 17/49 | €17,715 | €840 | -€16,875 | -95.3% |
| Amounts payable within one year | 42/48 | €17,715 | €840 | -€16,875 | -95.3% |
| Trade debts | 44 | €9,764 | €738 | -€9,027 | -92.4% |
| Suppliers | 440/4 | €9,764 | €738 | -€9,027 | -92.4% |
| Taxes, remuneration and social security | 45 | €7,951 | €0 | -€7,951 | -100.0% |
| Taxes | 450/3 | €7,951 | €0 | -€7,951 | -100.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | - | €103 | +€103 | |
| Non-recurring operating income | 76A | €5,600 | €36,900 | +€31,300 | +559.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,667 | €7,667 | = | 0.0% |
| Other operating charges | 640/8 | €2,088 | €1,163 | -€926 | -44.3% |
| Gross operating margin | 9900 | €9,451 | €8,925 | -€526 | -5.6% |
| Operating profit (loss) | 9901 | -€304 | €95 | +€399 | |
| Financial income | 75/76B | €523 | €0 | -€523 | -100.0% |
| Recurring financial income | 75 | €523 | €0 | -€523 | -100.0% |
| Financial charges | 65/66B | €207 | €169 | -€38 | -18.4% |
| Recurring financial charges | 65 | €207 | €169 | -€38 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €12 | -€73 | -€85 | |
| Profit (loss) for the period | 9904 | €12 | -€73 | -€85 | |
| Profit (loss) for the period to be appropriated | 9905 | €12 | -€73 | -€85 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.