DEVANA: 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.
DEVANA
Largest movements
- Tangible fixed assets +€27,929
up €27,929 (+15.5%), from €180,179 to €208,108
of which Furniture and vehicles: +€34,775
- Stocks and contracts +€13,792
up €13,792 (+8.0%), from €171,607 to €185,399
- Other debts +€34,344
up €34,344 (+14.6%), from €234,940 to €269,284
- Current portion of long-term debt +€6,671
up €6,671 (+34.3%), from €19,467 to €26,138
- Tax, wage and social debts -€5,402
down €5,402 (-72.8%), from €7,421 to €2,019
of which Taxes: -€3,002
- Debts after one year +€5,129
up €5,129 (+12.6%), from €40,556 to €45,685
- Depreciation +€5,070
up €5,070 (+56.6%), from €8,962 to €14,033
- Staff costs +€1,547
up €1,547 (+95.7%), from €1,616 to €3,163
- Taxes -€1,395
down €1,395 (-56.5%), from €2,470 to €1,075
- Financial income +€1,023
up €1,023 (+41.8%), from €2,449 to €3,472
- Other operating charges -€660
down €660 (-32.2%), from €2,049 to €1,388
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.
Derived cash bridge
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 | €357,441 | €400,812 | +€43,371 | +12.1% |
| Fixed assets | 21/28 | €180,179 | €208,108 | +€27,929 | +15.5% |
| Tangible fixed assets | 22/27 | €180,179 | €208,108 | +€27,929 | +15.5% |
| Land and buildings | 22 | €179,974 | €171,077 | -€8,897 | -4.9% |
| Plant, machinery and equipment | 23 | €204 | €2,256 | +€2,051 | +1,003% |
| Furniture and vehicles | 24 | - | €34,775 | +€34,775 | |
| Current assets | 29/58 | €177,262 | €192,704 | +€15,442 | +8.7% |
| Stocks and contracts in progress | 3 | €171,607 | €185,399 | +€13,792 | +8.0% |
| Stocks | 30/36 | €171,607 | €185,399 | +€13,792 | +8.0% |
| Amounts receivable within one year | 40/41 | €1,030 | €3,136 | +€2,106 | +205% |
| Trade receivables | 40 | - | €212 | +€212 | |
| Other amounts receivable | 41 | €1,030 | €2,925 | +€1,895 | +184% |
| Cash at bank and in hand | 54/58 | €3,953 | €3,652 | -€301 | -7.6% |
| Deferred charges and accrued income | 490/1 | €672 | €516 | -€156 | -23.2% |
| Total equity and liabilities | 10/49 | €357,441 | €400,812 | +€43,371 | +12.1% |
| Equity | 10/15 | €48,960 | €52,736 | +€3,775 | +7.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,960 | €27,736 | +€3,775 | +15.8% |
| Amounts payable | 17/49 | €308,480 | €348,076 | +€39,596 | +12.8% |
| Amounts payable after more than one year | 17 | €40,556 | €45,685 | +€5,129 | +12.6% |
| Financial debts | 170/4 | €40,556 | €45,685 | +€5,129 | +12.6% |
| Amounts payable within one year | 42/48 | €267,925 | €302,391 | +€34,467 | +12.9% |
| Current portion of amounts payable after more than one year | 42 | €19,467 | €26,138 | +€6,671 | +34.3% |
| Trade debts | 44 | €6,097 | €4,950 | -€1,147 | -18.8% |
| Suppliers | 440/4 | €6,097 | €4,950 | -€1,147 | -18.8% |
| Taxes, remuneration and social security | 45 | €7,421 | €2,019 | -€5,402 | -72.8% |
| Taxes | 450/3 | €5,021 | €2,019 | -€3,002 | -59.8% |
| Remuneration and social security | 454/9 | €2,400 | - | -€2,400 | |
| Other amounts payable | 47/48 | €234,940 | €269,284 | +€34,344 | +14.6% |
| Non-recurring operating income | 76A | - | €5,785 | +€5,785 | |
| Remuneration, social security and pensions | 62 | €1,616 | €3,163 | +€1,547 | +95.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,962 | €14,033 | +€5,070 | +56.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,660 | €3,262 | +€602 | +22.6% |
| Other operating charges | 640/8 | €2,049 | €1,388 | -€660 | -32.2% |
| Gross operating margin | 9900 | €27,007 | €26,597 | -€410 | -1.5% |
| Operating profit (loss) | 9901 | €11,720 | €4,751 | -€6,969 | -59.5% |
| Financial income | 75/76B | €2,449 | €3,472 | +€1,023 | +41.8% |
| Recurring financial income | 75 | €2,449 | €3,472 | +€1,023 | +41.8% |
| Financial charges | 65/66B | €3,356 | €3,373 | +€17 | +0.5% |
| Recurring financial charges | 65 | €3,356 | €3,373 | +€17 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €10,813 | €4,851 | -€5,962 | -55.1% |
| Income taxes | 67/77 | €2,470 | €1,075 | -€1,395 | -56.5% |
| Profit (loss) for the period | 9904 | €8,343 | €3,775 | -€4,567 | -54.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,343 | €3,775 | -€4,567 | -54.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.