DEVANBO: 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.
DEVANBO
Largest movements
- Receivables within one year +€15,181
up €15,181 (+48.2%), from €31,494 to €46,675
of which Trade receivables: +€29,666
- Tangible fixed assets -€12,527
down €12,527 (-23.2%), from €53,991 to €41,464
of which Leasing and similar rights: -€9,500
- Stocks and contracts +€1,887
up €1,887 (+88.3%), from €2,138 to €4,025
- Profit (loss) carried forward -€27,162
down €27,162 (-197%), from -€13,806 to -€40,967
- Trade debts +€26,817
up €26,817 (+171%), from €15,717 to €42,534
- Debts after one year -€10,861
down €10,861 (-26.6%), from €40,804 to €29,944
- Tax, wage and social debts +€10,198
up €10,198 (+178%), from €5,718 to €15,916
- Short-term financial debts +€4,635
up €4,635 (+82.0%), from €5,651 to €10,286
- Gross operating margin -€18,634
down €18,634 (-98.1%), from €19,001 to €367
- Depreciation +€5,703
up €5,703 (+72.4%), from €7,877 to €13,580
- Taxes +€3,110
up €3,110 (+172%), from €1,808 to €4,917
- Financial charges +€3,092
up €3,092 (+86.7%), from €3,567 to €6,660
- Other operating charges +€570
up €570 (+31.1%), from €1,831 to €2,401
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €87,994 | €92,164 | +€4,170 | +4.7% |
| Fixed assets | 21/28 | €53,991 | €41,464 | -€12,527 | -23.2% |
| Intangible fixed assets | 21 | €0 | €0 | -€0 | -50.0% |
| Tangible fixed assets | 22/27 | €53,991 | €41,464 | -€12,527 | -23.2% |
| Plant, machinery and equipment | 23 | €8,668 | €7,873 | -€795 | -9.2% |
| Furniture and vehicles | 24 | €3,430 | €1,198 | -€2,232 | -65.1% |
| Leasing and similar rights | 25 | €41,893 | €32,393 | -€9,500 | -22.7% |
| Current assets | 29/58 | €34,003 | €50,700 | +€16,697 | +49.1% |
| Stocks and contracts in progress | 3 | €2,138 | €4,025 | +€1,887 | +88.3% |
| Stocks | 30/36 | €2,138 | €4,025 | +€1,887 | +88.3% |
| Amounts receivable within one year | 40/41 | €31,494 | €46,675 | +€15,181 | +48.2% |
| Trade receivables | 40 | €16,429 | €46,095 | +€29,666 | +181% |
| Other amounts receivable | 41 | €15,065 | €580 | -€14,485 | -96.2% |
| Deferred charges and accrued income | 490/1 | €371 | €0 | -€371 | -100% |
| Total equity and liabilities | 10/49 | €87,994 | €92,164 | +€4,170 | +4.7% |
| Equity | 10/15 | €4,794 | -€22,367 | -€27,162 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,806 | -€40,967 | -€27,162 | -197% |
| Amounts payable | 17/49 | €83,200 | €114,531 | +€31,332 | +37.7% |
| Amounts payable after more than one year | 17 | €40,804 | €29,944 | -€10,861 | -26.6% |
| Financial debts | 170/4 | €40,804 | €29,944 | -€10,861 | -26.6% |
| Amounts payable within one year | 42/48 | €37,191 | €83,261 | +€46,070 | +124% |
| Current portion of amounts payable after more than one year | 42 | €10,105 | €10,861 | +€756 | +7.5% |
| Financial debts | 43 | €5,651 | €10,286 | +€4,635 | +82.0% |
| Credit institutions | 430/8 | €5,651 | €10,286 | +€4,635 | +82.0% |
| Trade debts | 44 | €15,717 | €42,534 | +€26,817 | +171% |
| Suppliers | 440/4 | €15,717 | €42,534 | +€26,817 | +171% |
| Taxes, remuneration and social security | 45 | €5,718 | €15,916 | +€10,198 | +178% |
| Taxes | 450/3 | €5,718 | €15,916 | +€10,198 | +178% |
| Other amounts payable | 47/48 | - | €3,664 | +€3,664 | |
| Accrued charges and deferred income | 492/3 | €5,204 | €1,327 | -€3,877 | -74.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,877 | €13,580 | +€5,703 | +72.4% |
| Other operating charges | 640/8 | €1,831 | €2,401 | +€570 | +31.1% |
| Gross operating margin | 9900 | €19,001 | €367 | -€18,634 | -98.1% |
| Operating profit (loss) | 9901 | €9,293 | -€15,614 | -€24,907 | |
| Financial income | 75/76B | €122 | €30 | -€92 | -75.8% |
| Recurring financial income | 75 | €122 | €30 | -€92 | -75.8% |
| Financial charges | 65/66B | €3,567 | €6,660 | +€3,092 | +86.7% |
| Recurring financial charges | 65 | €3,567 | €6,660 | +€3,092 | +86.7% |
| Profit (loss) for the period before taxes | 9903 | €5,848 | -€22,244 | -€28,092 | |
| Income taxes | 67/77 | €1,808 | €4,917 | +€3,110 | +172% |
| Profit (loss) for the period | 9904 | €4,040 | -€27,162 | -€31,202 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,040 | -€27,162 | -€31,202 |
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 14 October 2026 via checked.be.