DEVAMEAT: what changed
Two fiscal 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.
DEVAMEAT
Largest movements
- Current investments -€258,365
down €258,365 (-20.4%), from €1.3m to €1.0m
- Cash +€92,835
up €92,835 (+74.9%), from €123,924 to €216,759
mainly Current investments (+€258,365) and Net result for the year (+€143,598)
- Receivables after one year +€57,608
up €57,608 (+5.2%), from €1.1m to €1.2m
- Receivables within one year +€37,599
up €37,599 (+10.6%), from €355,648 to €393,247
of which Other amounts receivable: +€35,914
- Other debts -€191,805
down €191,805 (-40.2%), from €477,647 to €285,842
- Reserves +€95,502
up €95,502 (+15.8%), from €606,298 to €701,801
of which Distributable reserves: +€95,502
- Trade debts +€46,566
new in 2025: €46,566
- Other operating charges +€85,184
up €85,184 (+181.9%), from €46,832 to €132,016
- Gross operating margin +€39,381
up €39,381 (+13.7%), from €287,844 to €327,225
- Taxes -€16,803
down €16,803 (-18.7%), from €89,707 to €72,904
- Financial income -€7,558
down €7,558 (-25.4%), from €29,791 to €22,233
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 | €2,965,012 | €2,898,688 | -€66,323 | -2.2% |
| Fixed assets | 21/28 | €109,737 | €113,737 | +€4,000 | +3.6% |
| Tangible fixed assets | 22/27 | €107,935 | €111,935 | +€4,000 | +3.7% |
| Land and buildings | 22 | €107,935 | €107,935 | = | 0.0% |
| Plant, machinery and equipment | 23 | - | €4,000 | +€4,000 | |
| Financial fixed assets | 28 | €1,802 | €1,802 | = | 0.0% |
| Current assets | 29/58 | €2,855,275 | €2,784,952 | -€70,323 | -2.5% |
| Amounts receivable after more than one year | 29 | €1,106,573 | €1,164,181 | +€57,608 | +5.2% |
| Other amounts receivable | 291 | €1,106,573 | €1,164,181 | +€57,608 | +5.2% |
| Amounts receivable within one year | 40/41 | €355,648 | €393,247 | +€37,599 | +10.6% |
| Trade receivables | 40 | €91,491 | €93,176 | +€1,685 | +1.8% |
| Other amounts receivable | 41 | €264,157 | €300,071 | +€35,914 | +13.6% |
| Current investments | 50/53 | €1,269,131 | €1,010,765 | -€258,365 | -20.4% |
| Cash at bank and in hand | 54/58 | €123,924 | €216,759 | +€92,835 | +74.9% |
| Total equity and liabilities | 10/49 | €2,965,012 | €2,898,688 | -€66,323 | -2.2% |
| Equity | 10/15 | €2,431,611 | €2,527,114 | +€95,502 | +3.9% |
| Contributions | 10/11 | €1,285,000 | €1,285,000 | = | 0.0% |
| Capital | 10 | €1,285,000 | €1,285,000 | = | 0.0% |
| Issued capital | 100 | €1,285,000 | €1,285,000 | = | 0.0% |
| Reserves | 13 | €606,298 | €701,801 | +€95,502 | +15.8% |
| Non-distributable reserves | 130/1 | €160,260 | €160,260 | = | 0.0% |
| Legal reserve | 130 | €128,500 | €128,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €31,760 | €31,760 | = | 0.0% |
| Distributable reserves | 133 | €446,038 | €541,541 | +€95,502 | +21.4% |
| Profit (loss) carried forward | 14 | €540,313 | €540,313 | = | 0.0% |
| Amounts payable | 17/49 | €533,400 | €371,575 | -€161,825 | -30.3% |
| Amounts payable within one year | 42/48 | €533,400 | €371,575 | -€161,825 | -30.3% |
| Trade debts | 44 | - | €46,566 | +€46,566 | |
| Suppliers | 440/4 | - | €46,566 | +€46,566 | |
| Taxes, remuneration and social security | 45 | €55,753 | €39,166 | -€16,586 | -29.8% |
| Taxes | 450/3 | €55,753 | €39,166 | -€16,586 | -29.8% |
| Other amounts payable | 47/48 | €477,647 | €285,842 | -€191,805 | -40.2% |
| Other operating charges | 640/8 | €46,832 | €132,016 | +€85,184 | +181.9% |
| Gross operating margin | 9900 | €287,844 | €327,225 | +€39,381 | +13.7% |
| Operating profit (loss) | 9901 | €241,012 | €195,209 | -€45,803 | -19.0% |
| Financial income | 75/76B | €29,791 | €22,233 | -€7,558 | -25.4% |
| Recurring financial income | 75 | €29,791 | €22,233 | -€7,558 | -25.4% |
| Financial charges | 65/66B | €278 | €940 | +€661 | +237.7% |
| Recurring financial charges | 65 | €278 | €940 | +€661 | +237.7% |
| Profit (loss) for the period before taxes | 9903 | €270,524 | €216,502 | -€54,022 | -20.0% |
| Income taxes | 67/77 | €89,707 | €72,904 | -€16,803 | -18.7% |
| Profit (loss) for the period | 9904 | €180,818 | €143,598 | -€37,219 | -20.6% |
| Profit (loss) for the period to be appropriated | 9905 | €180,818 | €143,598 | -€37,219 | -20.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.