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DEVAQUIS: 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.

What changed

DEVAQUIS

BE 0473.066.921
NACE 46.423, Wholesale of clothing, excluding workwear and underwear
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€36,476
2023 · €29,627+€6,849
Equity
€178,595
2023 · €142,119+€36,476
Cash
€38,129
2023 · €30,370+€7,759
Balance sheet total
€198,520
2023 · €155,903+€42,618

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€37,347

    up €37,347 (+44.3%), from €84,377 to €121,724

    of which Other amounts receivable: +€19,197

  • Cash +€7,759

    up €7,759 (+25.5%), from €30,370 to €38,129

    mainly Net result for the year (+€36,476) and Tax, wage and social debts (+€3,880)

  • Tangible fixed assets -€2,441

    down €2,441 (-5.9%), from €41,107 to €38,667

Equity and liabilities
  • Reserves +€36,584

    up €36,584 (+29.5%), from €123,877 to €160,461

  • Tax, wage and social debts +€3,880

    up €3,880 (+32.9%), from €11,777 to €15,657

  • Trade debts +€3,710

    up €3,710 (+663.6%), from €559 to €4,269

Income statement
  • Gross operating margin +€6,705

    up €6,705 (+13.2%), from €50,796 to €57,501

  • Other operating charges -€4,914

    down €4,914 (-80.5%), from €6,104 to €1,190

  • Taxes +€3,708

    up €3,708 (+29.8%), from €12,464 to €16,172

  • Depreciation +€659

    up €659 (+37.0%), from €1,782 to €2,441

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €29,627
Gross operating margin +€6,705
Depreciation -€659
Other operating charges +€4,914
Financial income +€3
Financial charges -€406
Taxes -€3,708
Result 2024 €36,476

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€7,759
Investment €0
Financing €0
Cash 2023 €30,370
Net result for the year +€36,476
Depreciation +€2,441
Receivables within one year -€37,347
Deferred charges and accrued income +€48
Trade debts +€3,710
Tax, wage and social debts +€3,880
Other debts -€600
Accrued charges and deferred income -€848
Cash 2024 €38,129
Every line side by side 39 lines
Line Code 2023 2024 Change %
Total assets 20/58 €155,903 €198,520 +€42,618 +27.3%
Fixed assets 21/28 €41,107 €38,667 -€2,441 -5.9%
Tangible fixed assets 22/27 €41,107 €38,667 -€2,441 -5.9%
Land and buildings 22 €39,420 €38,440 -€980 -2.5%
Plant, machinery and equipment 23 €1,443 €227 -€1,217 -84.3%
Furniture and vehicles 24 €244 - -€244
Current assets 29/58 €114,795 €159,853 +€45,058 +39.3%
Amounts receivable within one year 40/41 €84,377 €121,724 +€37,347 +44.3%
Trade receivables 40 €29,040 €47,190 +€18,150 +62.5%
Other amounts receivable 41 €55,337 €74,534 +€19,197 +34.7%
Cash at bank and in hand 54/58 €30,370 €38,129 +€7,759 +25.5%
Deferred charges and accrued income 490/1 €48 - -€48
Total equity and liabilities 10/49 €155,903 €198,520 +€42,618 +27.3%
Equity 10/15 €142,119 €178,595 +€36,476 +25.7%
Contributions 10/11 €18,134 €18,134 = 0.0%
Reserves 13 €123,877 €160,461 +€36,584 +29.5%
Distributable reserves 133 €123,877 €160,461 +€36,584 +29.5%
Profit (loss) carried forward 14 €108 - -€108
Amounts payable 17/49 €13,784 €19,926 +€6,142 +44.6%
Amounts payable within one year 42/48 €12,936 €19,926 +€6,990 +54.0%
Trade debts 44 €559 €4,269 +€3,710 +663.6%
Suppliers 440/4 €559 €4,269 +€3,710 +663.6%
Taxes, remuneration and social security 45 €11,777 €15,657 +€3,880 +32.9%
Taxes 450/3 €11,777 €15,657 +€3,880 +32.9%
Other amounts payable 47/48 €600 - -€600
Accrued charges and deferred income 492/3 €848 - -€848
Non-recurring operating income 76A €2,057 €629 -€1,429 -69.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,782 €2,441 +€659 +37.0%
Other operating charges 640/8 €6,104 €1,190 -€4,914 -80.5%
Gross operating margin 9900 €50,796 €57,501 +€6,705 +13.2%
Operating profit (loss) 9901 €42,910 €53,871 +€10,960 +25.5%
Financial income 75/76B €0 €3 +€3 +30000.0%
Recurring financial income 75 €0 €3 +€3 +30000.0%
Financial charges 65/66B €819 €1,225 +€406 +49.6%
Recurring financial charges 65 €819 €1,225 +€406 +49.6%
Profit (loss) for the period before taxes 9903 €42,091 €52,648 +€10,557 +25.1%
Income taxes 67/77 €12,464 €16,172 +€3,708 +29.8%
Profit (loss) for the period 9904 €29,627 €36,476 +€6,849 +23.1%
Profit (loss) for the period to be appropriated 9905 €29,627 €36,476 +€6,849 +23.1%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.