DEVAS CONSULT: 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.
DEVAS CONSULT
Largest movements
- Tangible fixed assets +€66,943
up €66,943 (+5341.7%), from €1,253 to €68,196
of which Furniture and vehicles: +€67,435
- Cash -€36,694
down €36,694 (-49.8%), from €73,742 to €37,048
mainly Investment in fixed assets (net) (-€79,451) and Other debts (-€51,912)
- Deferred charges and accrued income -€13,018
down €13,018 (-52.5%), from €24,801 to €11,784
- Receivables within one year -€7,343
down €7,343 (-40.1%), from €18,326 to €10,983
of which Trade receivables: -€10,851
- Other debts -€51,912
down €51,912 (-96.3%), from €53,916 to €2,004
- Debts after one year +€47,927
new in 2025: €47,927
- Current portion of long-term debt +€13,854
new in 2025: €13,854
- Reserves -€12,506
down €12,506 (-27.4%), from €45,683 to €33,178
- Trade debts +€10,618
up €10,618 (+85.3%), from €12,452 to €23,071
- Gross operating margin -€18,819
down €18,819 (-27.5%), from €68,474 to €49,655
- Taxes -€14,689
down €14,689 (-69.3%), from €21,189 to €6,500
- Depreciation +€12,161
up €12,161 (+3504.6%), from €347 to €12,508
- Financial income -€8,131
down €8,131 (-100.0%), from €8,131 to €0
- Financial charges +€1,383
up €1,383 (+362.9%), from €381 to €1,764
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 | €118,123 | €128,011 | +€9,889 | +8.4% |
| Fixed assets | 21/28 | €1,253 | €68,196 | +€66,943 | +5341.7% |
| Tangible fixed assets | 22/27 | €1,253 | €68,196 | +€66,943 | +5341.7% |
| Plant, machinery and equipment | 23 | €1,253 | €761 | -€492 | -39.3% |
| Furniture and vehicles | 24 | - | €67,435 | +€67,435 | |
| Current assets | 29/58 | €116,870 | €59,815 | -€57,055 | -48.8% |
| Amounts receivable within one year | 40/41 | €18,326 | €10,983 | -€7,343 | -40.1% |
| Trade receivables | 40 | €18,150 | €7,299 | -€10,851 | -59.8% |
| Other amounts receivable | 41 | €176 | €3,684 | +€3,509 | +1997.8% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €73,742 | €37,048 | -€36,694 | -49.8% |
| Deferred charges and accrued income | 490/1 | €24,801 | €11,784 | -€13,018 | -52.5% |
| Total equity and liabilities | 10/49 | €118,123 | €128,011 | +€9,889 | +8.4% |
| Equity | 10/15 | €45,683 | €33,178 | -€12,506 | -27.4% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €45,683 | €33,178 | -€12,506 | -27.4% |
| Distributable reserves | 133 | €45,683 | €33,178 | -€12,506 | -27.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €72,439 | €94,834 | +€22,395 | +30.9% |
| Amounts payable after more than one year | 17 | - | €47,927 | +€47,927 | |
| Financial debts | 170/4 | - | €47,927 | +€47,927 | |
| Amounts payable within one year | 42/48 | €72,439 | €46,907 | -€25,533 | -35.2% |
| Current portion of amounts payable after more than one year | 42 | - | €13,854 | +€13,854 | |
| Trade debts | 44 | €12,452 | €23,071 | +€10,618 | +85.3% |
| Suppliers | 440/4 | €12,452 | €23,071 | +€10,618 | +85.3% |
| Taxes, remuneration and social security | 45 | €6,071 | €7,978 | +€1,907 | +31.4% |
| Taxes | 450/3 | €6,071 | €7,978 | +€1,907 | +31.4% |
| Other amounts payable | 47/48 | €53,916 | €2,004 | -€51,912 | -96.3% |
| Non-recurring operating income | 76A | - | €16,500 | +€16,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €347 | €12,508 | +€12,161 | +3504.6% |
| Other operating charges | 640/8 | €1,025 | €1,390 | +€366 | +35.7% |
| Gross operating margin | 9900 | €68,474 | €49,655 | -€18,819 | -27.5% |
| Operating profit (loss) | 9901 | €67,103 | €35,757 | -€31,345 | -46.7% |
| Financial income | 75/76B | €8,131 | €0 | -€8,131 | -100.0% |
| Recurring financial income | 75 | €8,131 | €0 | -€8,131 | -100.0% |
| Financial charges | 65/66B | €381 | €1,764 | +€1,383 | +362.9% |
| Recurring financial charges | 65 | €381 | €1,764 | +€1,383 | +362.9% |
| Profit (loss) for the period before taxes | 9903 | €74,853 | €33,994 | -€40,859 | -54.6% |
| Income taxes | 67/77 | €21,189 | €6,500 | -€14,689 | -69.3% |
| Profit (loss) for the period | 9904 | €53,664 | €27,494 | -€26,170 | -48.8% |
| Profit (loss) for the period to be appropriated | 9905 | €53,664 | €27,494 | -€26,170 | -48.8% |
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 1 October 2026 via checked.be.