DEVANTO: 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.
DEVANTO
Largest movements
- Tangible fixed assets -€47,347
down €47,347 (-10.2%), from €465,223 to €417,875
of which Furniture and vehicles: -€30,599
- Receivables within one year +€16,178
up €16,178 (+49.8%), from €32,473 to €48,651
of which Trade receivables: +€17,500
- Cash -€11,000
down €11,000 (-100.0%), from €11,000 to €0
mainly Debts after one year (-€40,747) and Net result for the year (-€16,972)
- Debts after one year -€40,747
down €40,747 (-12.2%), from €332,796 to €292,049
- Profit (loss) carried forward -€16,972
down €16,972 (-509.0%), from -€3,334 to -€20,306
- Other debts +€8,644
up €8,644 (+10.7%), from €81,104 to €89,749
- Short-term financial debts +€6,564
up €6,564 (+37.8%), from €17,375 to €23,939
- Trade debts +€5,494
up €5,494 (+21.2%), from €25,945 to €31,439
- Taxes +€15,647
up €15,647 (+2015.8%), from €776 to €16,423
- Gross operating margin +€12,540
up €12,540 (+25.1%), from €50,019 to €62,559
- Financial income -€11,936
down €11,936 (-82.7%), from €14,433 to €2,497
- Depreciation -€6,568
down €6,568 (-12.1%), from €54,088 to €47,520
- Other operating charges +€1,451
up €1,451 (+70.2%), from €2,068 to €3,519
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 | €514,317 | €472,372 | -€41,945 | -8.2% |
| Fixed assets | 21/28 | €465,223 | €417,875 | -€47,347 | -10.2% |
| Tangible fixed assets | 22/27 | €465,223 | €417,875 | -€47,347 | -10.2% |
| Land and buildings | 22 | €383,797 | €367,048 | -€16,749 | -4.4% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €81,426 | €50,827 | -€30,599 | -37.6% |
| Current assets | 29/58 | €49,094 | €54,497 | +€5,403 | +11.0% |
| Amounts receivable within one year | 40/41 | €32,473 | €48,651 | +€16,178 | +49.8% |
| Trade receivables | 40 | €15,791 | €33,291 | +€17,500 | +110.8% |
| Other amounts receivable | 41 | €16,681 | €15,359 | -€1,322 | -7.9% |
| Current investments | 50/53 | €1,218 | €27 | -€1,191 | -97.8% |
| Cash at bank and in hand | 54/58 | €11,000 | €0 | -€11,000 | -100.0% |
| Deferred charges and accrued income | 490/1 | €4,404 | €5,820 | +€1,416 | +32.2% |
| Total equity and liabilities | 10/49 | €514,317 | €472,372 | -€41,945 | -8.2% |
| Equity | 10/15 | €4,726 | -€12,246 | -€16,972 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€3,334 | -€20,306 | -€16,972 | -509.0% |
| Amounts payable | 17/49 | €509,591 | €484,618 | -€24,973 | -4.9% |
| Amounts payable after more than one year | 17 | €332,796 | €292,049 | -€40,747 | -12.2% |
| Financial debts | 170/4 | €332,796 | €292,049 | -€40,747 | -12.2% |
| Amounts payable within one year | 42/48 | €174,475 | €191,281 | +€16,806 | +9.6% |
| Current portion of amounts payable after more than one year | 42 | €45,980 | €40,713 | -€5,268 | -11.5% |
| Financial debts | 43 | €17,375 | €23,939 | +€6,564 | +37.8% |
| Credit institutions | 430/8 | €17,375 | €23,939 | +€6,564 | +37.8% |
| Trade debts | 44 | €25,945 | €31,439 | +€5,494 | +21.2% |
| Suppliers | 440/4 | €25,945 | €31,439 | +€5,494 | +21.2% |
| Taxes, remuneration and social security | 45 | €4,070 | €5,441 | +€1,371 | +33.7% |
| Taxes | 450/3 | €4,070 | €5,441 | +€1,371 | +33.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €81,104 | €89,749 | +€8,644 | +10.7% |
| Accrued charges and deferred income | 492/3 | €2,320 | €1,289 | -€1,031 | -44.4% |
| Non-recurring operating income | 76A | €242 | €8,769 | +€8,527 | +3523.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,088 | €47,520 | -€6,568 | -12.1% |
| Other operating charges | 640/8 | €2,068 | €3,519 | +€1,451 | +70.2% |
| Gross operating margin | 9900 | €50,019 | €62,559 | +€12,540 | +25.1% |
| Operating profit (loss) | 9901 | -€6,137 | €11,520 | +€17,657 | |
| Financial income | 75/76B | €14,433 | €2,497 | -€11,936 | -82.7% |
| Recurring financial income | 75 | €14,433 | €2,497 | -€11,936 | -82.7% |
| Financial charges | 65/66B | €15,694 | €14,566 | -€1,128 | -7.2% |
| Recurring financial charges | 65 | €15,694 | €14,566 | -€1,128 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,398 | -€549 | +€6,850 | +92.6% |
| Income taxes | 67/77 | €776 | €16,423 | +€15,647 | +2015.8% |
| Profit (loss) for the period | 9904 | -€8,174 | -€16,972 | -€8,798 | -107.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,174 | -€16,972 | -€8,798 | -107.6% |
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 3 October 2026 via checked.be.