DEVAN SERVICES: 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 SERVICES
Largest movements
- Cash +€21,782
up €21,782 (+10.5%), from €207,053 to €228,835
mainly Depreciation (+€15,328) and Net result for the year (+€10,040)
- Tangible fixed assets -€15,328
down €15,328 (-100.0%), from €15,328 to €0
- Trade debts -€18,451
down €18,451 (-98.0%), from €18,831 to €380
- Gross operating margin -€84,388
down €84,388 (-60.7%), from €138,986 to €54,598
- Taxes -€21,178
down €21,178 (-60.3%), from €35,120 to €13,942
- Other operating charges -€3,049
down €3,049 (-73.0%), from €4,175 to €1,126
- Financial charges -€2,169
down €2,169 (-13.1%), from €16,503 to €14,334
- Depreciation -€1,469
down €1,469 (-8.7%), from €16,796 to €15,328
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 | €1,458,900 | €1,460,322 | +€1,422 | +0.1% |
| Fixed assets | 21/28 | €1,218,148 | €1,202,820 | -€15,328 | -1.3% |
| Tangible fixed assets | 22/27 | €15,328 | €0 | -€15,328 | -100.0% |
| Furniture and vehicles | 24 | €15,328 | €0 | -€15,328 | -100.0% |
| Financial fixed assets | 28 | €1,202,820 | €1,202,820 | = | 0.0% |
| Current assets | 29/58 | €240,752 | €257,502 | +€16,749 | +7.0% |
| Amounts receivable within one year | 40/41 | €30,506 | €27,301 | -€3,204 | -10.5% |
| Trade receivables | 40 | €21,175 | €19,134 | -€2,041 | -9.6% |
| Other amounts receivable | 41 | €9,331 | €8,167 | -€1,164 | -12.5% |
| Cash at bank and in hand | 54/58 | €207,053 | €228,835 | +€21,782 | +10.5% |
| Deferred charges and accrued income | 490/1 | €3,194 | €1,366 | -€1,829 | -57.2% |
| Total equity and liabilities | 10/49 | €1,458,900 | €1,460,322 | +€1,422 | +0.1% |
| Equity | 10/15 | €1,239,784 | €1,249,824 | +€10,040 | +0.8% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Capital | 10 | €70,000 | €70,000 | = | 0.0% |
| Issued capital | 100 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €1,169,784 | €1,179,824 | +€10,040 | +0.9% |
| Non-distributable reserves | 130/1 | €15,493 | €15,493 | = | 0.0% |
| Legal reserve | 130 | €15,493 | €15,493 | = | 0.0% |
| Distributable reserves | 133 | €1,154,291 | €1,164,331 | +€10,040 | +0.9% |
| Amounts payable | 17/49 | €219,116 | €210,498 | -€8,618 | -3.9% |
| Amounts payable within one year | 42/48 | €219,116 | €210,498 | -€8,618 | -3.9% |
| Trade debts | 44 | €18,831 | €380 | -€18,451 | -98.0% |
| Suppliers | 440/4 | €18,831 | €380 | -€18,451 | -98.0% |
| Taxes, remuneration and social security | 45 | €6,850 | €9,288 | +€2,438 | +35.6% |
| Taxes | 450/3 | €6,850 | €9,288 | +€2,438 | +35.6% |
| Other amounts payable | 47/48 | €193,435 | €200,831 | +€7,395 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,796 | €15,328 | -€1,469 | -8.7% |
| Other operating charges | 640/8 | €4,175 | €1,126 | -€3,049 | -73.0% |
| Gross operating margin | 9900 | €138,986 | €54,598 | -€84,388 | -60.7% |
| Operating profit (loss) | 9901 | €118,015 | €38,144 | -€79,871 | -67.7% |
| Financial income | 75/76B | €621 | €171 | -€450 | -72.5% |
| Recurring financial income | 75 | €621 | €171 | -€450 | -72.5% |
| Financial charges | 65/66B | €16,503 | €14,334 | -€2,169 | -13.1% |
| Recurring financial charges | 65 | €16,503 | €14,334 | -€2,169 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €102,133 | €23,982 | -€78,152 | -76.5% |
| Income taxes | 67/77 | €35,120 | €13,942 | -€21,178 | -60.3% |
| Profit (loss) for the period | 9904 | €67,014 | €10,040 | -€56,974 | -85.0% |
| Profit (loss) for the period to be appropriated | 9905 | €67,014 | €10,040 | -€56,974 | -85.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.