DEVAN: 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.
DEVAN
Largest movements
- Receivables within one year +€16,576
up €16,576 (+28.5%), from €58,227 to €74,804
of which Other amounts receivable: +€16,576
- Reserves +€16,981
up €16,981 (+18.0%), from €94,275 to €111,257
- Other debts -€3,712
down €3,712 (-82.4%), from €4,504 to €792
- Short-term financial debts +€1,684
up €1,684 (+49.0%), from €3,439 to €5,123
- Gross operating margin +€2,481
up €2,481 (+8.7%), from €28,640 to €31,121
- Financial income -€2,415
no longer reported in 2025 (was €2,415)
- Depreciation -€1,108
down €1,108 (-44.8%), from €2,473 to €1,365
- Taxes +€655
up €655 (+12.2%), from €5,345 to €6,000
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 | €130,234 | €145,049 | +€14,814 | +11.4% |
| Fixed assets | 21/28 | €66,635 | €65,270 | -€1,365 | -2.0% |
| Tangible fixed assets | 22/27 | €66,635 | €65,270 | -€1,365 | -2.0% |
| Land and buildings | 22 | €66,635 | €65,270 | -€1,365 | -2.0% |
| Current assets | 29/58 | €63,600 | €79,779 | +€16,179 | +25.4% |
| Amounts receivable within one year | 40/41 | €58,227 | €74,804 | +€16,576 | +28.5% |
| Trade receivables | 40 | €787 | €787 | = | 0.0% |
| Other amounts receivable | 41 | €57,440 | €74,017 | +€16,576 | +28.9% |
| Cash at bank and in hand | 54/58 | €4,392 | €3,945 | -€447 | -10.2% |
| Deferred charges and accrued income | 490/1 | €981 | €1,030 | +€49 | +5.0% |
| Total equity and liabilities | 10/49 | €130,234 | €145,049 | +€14,814 | +11.4% |
| Equity | 10/15 | €116,041 | €133,023 | +€16,981 | +14.6% |
| Contributions | 10/11 | €21,766 | €21,766 | = | 0.0% |
| Reserves | 13 | €94,275 | €111,257 | +€16,981 | +18.0% |
| Distributable reserves | 133 | €94,275 | €111,257 | +€16,981 | +18.0% |
| Amounts payable | 17/49 | €14,193 | €12,026 | -€2,167 | -15.3% |
| Amounts payable within one year | 42/48 | €10,844 | €8,816 | -€2,028 | -18.7% |
| Financial debts | 43 | €3,439 | €5,123 | +€1,684 | +49.0% |
| Credit institutions | 430/8 | €3,439 | €5,123 | +€1,684 | +49.0% |
| Trade debts | 44 | €787 | €787 | = | 0.0% |
| Suppliers | 440/4 | €787 | €787 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,113 | €2,113 | = | 0.0% |
| Taxes | 450/3 | €2,113 | €2,113 | = | 0.0% |
| Other amounts payable | 47/48 | €4,504 | €792 | -€3,712 | -82.4% |
| Accrued charges and deferred income | 492/3 | €3,349 | €3,210 | -€139 | -4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,473 | €1,365 | -€1,108 | -44.8% |
| Other operating charges | 640/8 | €6,180 | €6,410 | +€230 | +3.7% |
| Gross operating margin | 9900 | €28,640 | €31,121 | +€2,481 | +8.7% |
| Operating profit (loss) | 9901 | €19,987 | €23,347 | +€3,360 | +16.8% |
| Financial income | 75/76B | €2,415 | - | -€2,415 | |
| Recurring financial income | 75 | €2,415 | - | -€2,415 | |
| Financial charges | 65/66B | €588 | €365 | -€223 | -37.9% |
| Recurring financial charges | 65 | €588 | €365 | -€223 | -37.9% |
| Profit (loss) for the period before taxes | 9903 | €21,814 | €22,981 | +€1,168 | +5.4% |
| Income taxes | 67/77 | €5,345 | €6,000 | +€655 | +12.2% |
| Profit (loss) for the period | 9904 | €16,468 | €16,981 | +€513 | +3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,468 | €16,981 | +€513 | +3.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.