DEVAKO MACHINERY: 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 MACHINERY
Largest movements
- Stocks and contracts -€415,958
down €415,958 (-19.0%), from €2.2m to €1.8m
- Cash +€200,138
up €200,138 (+1167.1%), from €17,149 to €217,286
mainly Depreciation (+€1.5m) and Stocks and contracts (+€415,958)
- Receivables within one year -€93,677
down €93,677 (-24.4%), from €383,301 to €289,624
of which Trade receivables: -€48,267
- Tangible fixed assets -€91,885
down €91,885 (-3.8%), from €2.4m to €2.4m
of which Other tangible fixed assets: -€187,568
- Other debts -€501,433
down €501,433 (-56.8%), from €882,837 to €381,405
- Debts after one year -€204,513
down €204,513 (-20.8%), from €984,080 to €779,567
of which Financial debts: -€204,513
- Current portion of long-term debt +€119,433
up €119,433 (+15.6%), from €765,921 to €885,355
- Reserves +€100,853
up €100,853 (+4.5%), from €2.3m to €2.4m
- Trade debts +€73,473
up €73,473 (+52.6%), from €139,605 to €213,077
- Depreciation +€48,037
up €48,037 (+3.4%), from €1.4m to €1.5m
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 | €5,450,046 | €5,065,070 | -€384,976 | -7.1% |
| Fixed assets | 21/28 | €2,825,679 | €2,743,358 | -€82,322 | -2.9% |
| Intangible fixed assets | 21 | €22,916 | €35,729 | +€12,813 | +55.9% |
| Tangible fixed assets | 22/27 | €2,448,638 | €2,356,753 | -€91,885 | -3.8% |
| Land and buildings | 22 | €0 | €6,060 | +€6,060 | |
| Plant, machinery and equipment | 23 | €660 | €0 | -€660 | -100.0% |
| Furniture and vehicles | 24 | €141,053 | €136,228 | -€4,825 | -3.4% |
| Leasing and similar rights | 25 | €1,585,458 | €1,680,565 | +€95,107 | +6.0% |
| Other tangible fixed assets | 26 | €721,468 | €533,900 | -€187,568 | -26.0% |
| Financial fixed assets | 28 | €354,125 | €350,875 | -€3,250 | -0.9% |
| Current assets | 29/58 | €2,624,366 | €2,321,712 | -€302,654 | -11.5% |
| Stocks and contracts in progress | 3 | €2,192,308 | €1,776,350 | -€415,958 | -19.0% |
| Stocks | 30/36 | €2,192,308 | €1,776,350 | -€415,958 | -19.0% |
| Amounts receivable within one year | 40/41 | €383,301 | €289,624 | -€93,677 | -24.4% |
| Trade receivables | 40 | €337,892 | €289,624 | -€48,267 | -14.3% |
| Other amounts receivable | 41 | €45,409 | €0 | -€45,409 | -100.0% |
| Cash at bank and in hand | 54/58 | €17,149 | €217,286 | +€200,138 | +1167.1% |
| Deferred charges and accrued income | 490/1 | €31,608 | €38,451 | +€6,842 | +21.6% |
| Total equity and liabilities | 10/49 | €5,450,046 | €5,065,070 | -€384,976 | -7.1% |
| Equity | 10/15 | €2,460,891 | €2,561,744 | +€100,853 | +4.1% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €2,260,891 | €2,361,744 | +€100,853 | +4.5% |
| Distributable reserves | 133 | €2,260,891 | €2,361,744 | +€100,853 | +4.5% |
| Amounts payable | 17/49 | €2,989,154 | €2,503,326 | -€485,829 | -16.3% |
| Amounts payable after more than one year | 17 | €984,080 | €779,567 | -€204,513 | -20.8% |
| Financial debts | 170/4 | €984,080 | €779,567 | -€204,513 | -20.8% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,982,464 | €1,702,045 | -€280,419 | -14.1% |
| Current portion of amounts payable after more than one year | 42 | €765,921 | €885,355 | +€119,433 | +15.6% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €139,605 | €213,077 | +€73,473 | +52.6% |
| Suppliers | 440/4 | €139,605 | €213,077 | +€73,473 | +52.6% |
| Taxes, remuneration and social security | 45 | €194,101 | €222,208 | +€28,108 | +14.5% |
| Taxes | 450/3 | €107,246 | €145,028 | +€37,782 | +35.2% |
| Remuneration and social security | 454/9 | €86,855 | €77,180 | -€9,675 | -11.1% |
| Other amounts payable | 47/48 | €882,837 | €381,405 | -€501,433 | -56.8% |
| Accrued charges and deferred income | 492/3 | €22,611 | €21,714 | -€896 | -4.0% |
| Non-recurring operating income | 76A | €422,268 | €957,386 | +€535,118 | +126.7% |
| Remuneration, social security and pensions | 62 | €842,459 | €840,168 | -€2,291 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,404,949 | €1,452,986 | +€48,037 | +3.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €12,000 | +€12,000 | |
| Other operating charges | 640/8 | €52,535 | €48,394 | -€4,140 | -7.9% |
| Non-recurring operating charges | 66A | €3,165 | €5,498 | +€2,333 | +73.7% |
| Gross operating margin | 9900 | €2,575,701 | €2,589,083 | +€13,382 | +0.5% |
| Operating profit (loss) | 9901 | €272,593 | €230,036 | -€42,557 | -15.6% |
| Financial income | 75/76B | €7,708 | €14,745 | +€7,038 | +91.3% |
| Recurring financial income | 75 | €7,708 | €14,745 | +€7,038 | +91.3% |
| Financial charges | 65/66B | €134,864 | €133,760 | -€1,104 | -0.8% |
| Recurring financial charges | 65 | €134,864 | €133,760 | -€1,104 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | €145,436 | €111,021 | -€34,415 | -23.7% |
| Income taxes | 67/77 | €23,650 | €10,169 | -€13,481 | -57.0% |
| Profit (loss) for the period | 9904 | €121,787 | €100,853 | -€20,934 | -17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €121,787 | €100,853 | -€20,934 | -17.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.