DEVAPO: 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.
DEVAPO
Largest movements
- Tangible fixed assets -€39,404
down €39,404 (-19.3%), from €204,491 to €165,087
- Receivables within one year +€13,694
up €13,694 (+816.8%), from €1,676 to €15,370
of which Trade receivables: +€12,432
- Deferred charges and accrued income -€10,254
down €10,254 (-91.0%), from €11,262 to €1,008
- Debts after one year -€27,969
down €27,969 (-53.1%), from €52,681 to €24,712
- Profit (loss) carried forward -€24,509
down €24,509 (-6.8%), from -€362,812 to -€387,321
- Other debts +€14,514
up €14,514 (+6.0%), from €242,802 to €257,316
- Current portion of long-term debt +€4,437
up €4,437 (+18.9%), from €23,532 to €27,969
- Gross operating margin -€27,826
down €27,826 (-54.5%), from €51,024 to €23,198
- Purchases and services +€17,918
up €17,918 (+72.0%), from €24,898 to €42,816
- Turnover -€11,758
down €11,758 (-15.5%), from €75,922 to €64,164
- Depreciation -€5,450
down €5,450 (-11.1%), from €48,960 to €43,510
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 | €217,553 | €181,979 | -€35,574 | -16.4% |
| Fixed assets | 21/28 | €204,491 | €165,087 | -€39,404 | -19.3% |
| Tangible fixed assets | 22/27 | €204,491 | €165,087 | -€39,404 | -19.3% |
| Plant, machinery and equipment | 23 | €36,465 | €29,489 | -€6,976 | -19.1% |
| Furniture and vehicles | 24 | €61,001 | €47,057 | -€13,944 | -22.9% |
| Leasing and similar rights | 25 | €107,025 | €88,541 | -€18,484 | -17.3% |
| Current assets | 29/58 | €13,062 | €16,892 | +€3,830 | +29.3% |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Contracts in progress | 37 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €1,676 | €15,370 | +€13,694 | +816.8% |
| Trade receivables | 40 | €257 | €12,689 | +€12,432 | +4846.6% |
| Other amounts receivable | 41 | €1,420 | €2,681 | +€1,261 | +88.8% |
| Cash at bank and in hand | 54/58 | €124 | €514 | +€390 | +313.4% |
| Deferred charges and accrued income | 490/1 | €11,262 | €1,008 | -€10,254 | -91.0% |
| Total equity and liabilities | 10/49 | €217,553 | €181,979 | -€35,574 | -16.4% |
| Equity | 10/15 | -€105,133 | -€129,642 | -€24,509 | -23.3% |
| Contributions | 10/11 | €257,679 | €257,679 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€362,812 | -€387,321 | -€24,509 | -6.8% |
| Amounts payable | 17/49 | €322,686 | €311,621 | -€11,065 | -3.4% |
| Amounts payable after more than one year | 17 | €52,681 | €24,712 | -€27,969 | -53.1% |
| Financial debts | 170/4 | €52,681 | €24,712 | -€27,969 | -53.1% |
| Amounts payable within one year | 42/48 | €270,004 | €286,909 | +€16,905 | +6.3% |
| Current portion of amounts payable after more than one year | 42 | €23,532 | €27,969 | +€4,437 | +18.9% |
| Trade debts | 44 | €3,670 | €1,624 | -€2,046 | -55.8% |
| Suppliers | 440/4 | €3,670 | €1,624 | -€2,046 | -55.8% |
| Other amounts payable | 47/48 | €242,802 | €257,316 | +€14,514 | +6.0% |
| Turnover | 70 | €75,922 | €64,164 | -€11,758 | -15.5% |
| Non-recurring operating income | 76A | €69,587 | €1,850 | -€67,737 | -97.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €24,898 | €42,816 | +€17,918 | +72.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,960 | €43,510 | -€5,450 | -11.1% |
| Other operating charges | 640/8 | €812 | €1,031 | +€219 | +27.0% |
| Gross operating margin | 9900 | €51,024 | €23,198 | -€27,826 | -54.5% |
| Operating profit (loss) | 9901 | €1,253 | -€21,343 | -€22,596 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,148 | €3,166 | +€18 | +0.6% |
| Recurring financial charges | 65 | €3,148 | €3,166 | +€18 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,895 | -€24,509 | -€22,614 | -1193.1% |
| Profit (loss) for the period | 9904 | -€1,895 | -€24,509 | -€22,614 | -1193.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,895 | -€24,509 | -€22,614 | -1193.1% |
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 7 October 2026 via checked.be.