DEVATRADE: 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.
DEVATRADE
Largest movements
- Tangible fixed assets +€102,348
up €102,348 (+514.1%), from €19,908 to €122,256
of which Furniture and vehicles: +€102,654
- Cash -€96,795
down €96,795 (-71.7%), from €134,932 to €38,138
mainly Debts after one year (-€302,075) and Investment in fixed assets (net) (-€109,486)
- Receivables within one year +€23,126
up €23,126 (+82.8%), from €27,922 to €51,048
of which Other amounts receivable: +€23,126
- Profit (loss) carried forward +€348,082
up €348,082 (+5.9%), from -€5.9m to -€5.5m
- Debts after one year -€302,075
down €302,075 (-4.5%), from €6.7m to €6.4m
- Trade debts -€10,175
down €10,175 (-99.5%), from €10,230 to €55
- Financial income -€212,140
down €212,140 (-48.6%), from €436,395 to €224,255
- Gross operating margin -€46,929
down €46,929 (-12.3%), from €380,952 to €334,023
- Financial charges -€22,356
down €22,356 (-10.1%), from €220,897 to €198,541
of which Financial charges: -€22,356
- Depreciation -€8,545
down €8,545 (-54.5%), from €15,683 to €7,138
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 | €944,683 | €973,362 | +€28,680 | +3.0% |
| Fixed assets | 21/28 | €781,828 | €884,176 | +€102,348 | +13.1% |
| Tangible fixed assets | 22/27 | €19,908 | €122,256 | +€102,348 | +514.1% |
| Plant, machinery and equipment | 23 | €305 | €0 | -€305 | -100.0% |
| Furniture and vehicles | 24 | €19,603 | €122,256 | +€102,654 | +523.7% |
| Financial fixed assets | 28 | €761,920 | €761,920 | = | 0.0% |
| Current assets | 29/58 | €162,854 | €89,186 | -€73,669 | -45.2% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €27,922 | €51,048 | +€23,126 | +82.8% |
| Trade receivables | 40 | €21,497 | €21,497 | = | 0.0% |
| Other amounts receivable | 41 | €6,426 | €29,552 | +€23,126 | +359.9% |
| Cash at bank and in hand | 54/58 | €134,932 | €38,138 | -€96,795 | -71.7% |
| Total equity and liabilities | 10/49 | €944,683 | €973,362 | +€28,680 | +3.0% |
| Equity | 10/15 | -€5,817,936 | -€5,469,854 | +€348,082 | +6.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,886,136 | -€5,538,054 | +€348,082 | +5.9% |
| Amounts payable | 17/49 | €6,762,618 | €6,443,216 | -€319,402 | -4.7% |
| Amounts payable after more than one year | 17 | €6,744,740 | €6,442,665 | -€302,075 | -4.5% |
| Financial debts | 170/4 | €6,744,740 | €6,442,665 | -€302,075 | -4.5% |
| Amounts payable within one year | 42/48 | €17,878 | €551 | -€17,327 | -96.9% |
| Trade debts | 44 | €10,230 | €55 | -€10,175 | -99.5% |
| Suppliers | 440/4 | €10,230 | €55 | -€10,175 | -99.5% |
| Taxes, remuneration and social security | 45 | €0 | €452 | +€452 | |
| Taxes | 450/3 | €0 | €452 | +€452 | |
| Other amounts payable | 47/48 | €7,648 | €44 | -€7,604 | -99.4% |
| Non-recurring operating income | 76A | - | €36,615 | +€36,615 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,683 | €7,138 | -€8,545 | -54.5% |
| Other operating charges | 640/8 | €4,832 | €4,065 | -€766 | -15.9% |
| Gross operating margin | 9900 | €380,952 | €334,023 | -€46,929 | -12.3% |
| Operating profit (loss) | 9901 | €360,437 | €322,820 | -€37,618 | -10.4% |
| Financial income | 75/76B | €436,395 | €224,255 | -€212,140 | -48.6% |
| Recurring financial income | 75 | €436,395 | €224,255 | -€212,140 | -48.6% |
| Financial charges | 65/66B | €220,897 | €198,541 | -€22,356 | -10.1% |
| Recurring financial charges | 65 | €220,897 | €198,541 | -€22,356 | -10.1% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €575,935 | €348,533 | -€227,402 | -39.5% |
| Income taxes | 67/77 | €1,295 | €452 | -€843 | -65.1% |
| Profit (loss) for the period | 9904 | €574,640 | €348,082 | -€226,559 | -39.4% |
| Profit (loss) for the period to be appropriated | 9905 | €574,640 | €348,082 | -€226,559 | -39.4% |
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 30 September 2026 via checked.be.