DEVAVAN: 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.
DEVAVAN
Largest movements
- Cash -€10,098
down €10,098 (-63.9%), from €15,802 to €5,704
mainly Net result for the year (-€9,442) and Investment in fixed assets (net) (-€4,197)
- Receivables within one year +€3,975
up €3,975 (+8.9%), from €44,461 to €48,435
of which Other amounts receivable: +€3,703
- Stocks and contracts +€3,860
up €3,860 (+66.5%), from €5,804 to €9,664
- Tangible fixed assets +€1,673
up €1,673 (+21.8%), from €7,661 to €9,335
of which Furniture and vehicles: +€2,622
- Profit (loss) carried forward -€9,442
down €9,442 (-21.6%), from -€43,770 to -€53,211
- Accrued charges and deferred income +€6,357
up €6,357 (+166.4%), from €3,821 to €10,178
- Other debts +€3,772
up €3,772 (+30.5%), from €12,357 to €16,130
- Trade debts +€3,221
up €3,221 (+6.2%), from €51,697 to €54,919
- Debts after one year -€3,056
down €3,056 (-16.6%), from €18,415 to €15,359
- Gross operating margin +€21,593
up €21,593 (+79.9%), from -€27,030 to -€5,437
- Financial income -€7,136
down €7,136 (-75.9%), from €9,403 to €2,268
- Financial charges +€318
up €318 (+11.4%), from €2,776 to €3,093
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 | €80,871 | €80,288 | -€583 | -0.7% |
| Fixed assets | 21/28 | €14,611 | €16,285 | +€1,673 | +11.5% |
| Tangible fixed assets | 22/27 | €7,661 | €9,335 | +€1,673 | +21.8% |
| Plant, machinery and equipment | 23 | €2,344 | €1,666 | -€677 | -28.9% |
| Furniture and vehicles | 24 | €3,017 | €5,639 | +€2,622 | +86.9% |
| Other tangible fixed assets | 26 | €2,301 | €2,029 | -€271 | -11.8% |
| Financial fixed assets | 28 | €6,950 | €6,950 | = | 0.0% |
| Current assets | 29/58 | €66,259 | €64,003 | -€2,256 | -3.4% |
| Stocks and contracts in progress | 3 | €5,804 | €9,664 | +€3,860 | +66.5% |
| Stocks | 30/36 | €5,804 | €9,664 | +€3,860 | +66.5% |
| Amounts receivable within one year | 40/41 | €44,461 | €48,435 | +€3,975 | +8.9% |
| Trade receivables | 40 | €37,318 | €37,590 | +€271 | +0.7% |
| Other amounts receivable | 41 | €7,143 | €10,846 | +€3,703 | +51.8% |
| Cash at bank and in hand | 54/58 | €15,802 | €5,704 | -€10,098 | -63.9% |
| Deferred charges and accrued income | 490/1 | €193 | €200 | +€8 | +4.0% |
| Total equity and liabilities | 10/49 | €80,871 | €80,288 | -€583 | -0.7% |
| Equity | 10/15 | -€18,270 | -€27,712 | -€9,442 | -51.7% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €4,499 | €4,499 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,399 | €2,399 | = | 0.0% |
| Distributable reserves | 133 | €2,100 | €2,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,770 | -€53,211 | -€9,442 | -21.6% |
| Amounts payable | 17/49 | €99,141 | €108,000 | +€8,859 | +8.9% |
| Amounts payable after more than one year | 17 | €18,415 | €15,359 | -€3,056 | -16.6% |
| Financial debts | 170/4 | €18,415 | €15,359 | -€3,056 | -16.6% |
| Amounts payable within one year | 42/48 | €76,906 | €82,463 | +€5,558 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €2,991 | €3,113 | +€122 | +4.1% |
| Trade debts | 44 | €51,697 | €54,919 | +€3,221 | +6.2% |
| Suppliers | 440/4 | €51,697 | €54,919 | +€3,221 | +6.2% |
| Advances received on contracts in progress | 46 | - | €595 | +€595 | |
| Taxes, remuneration and social security | 45 | €9,860 | €7,707 | -€2,152 | -21.8% |
| Taxes | 450/3 | €6,660 | €4,507 | -€2,152 | -32.3% |
| Remuneration and social security | 454/9 | €3,200 | €3,200 | = | 0.0% |
| Other amounts payable | 47/48 | €12,357 | €16,130 | +€3,772 | +30.5% |
| Accrued charges and deferred income | 492/3 | €3,821 | €10,178 | +€6,357 | +166.4% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,671 | €2,523 | -€148 | -5.6% |
| Other operating charges | 640/8 | €737 | €656 | -€82 | -11.1% |
| Gross operating margin | 9900 | -€27,030 | -€5,437 | +€21,593 | +79.9% |
| Operating profit (loss) | 9901 | -€30,439 | -€8,616 | +€21,823 | +71.7% |
| Financial income | 75/76B | €9,403 | €2,268 | -€7,136 | -75.9% |
| Recurring financial income | 75 | €9,403 | €2,268 | -€7,136 | -75.9% |
| Financial charges | 65/66B | €2,776 | €3,093 | +€318 | +11.4% |
| Recurring financial charges | 65 | €2,776 | €3,093 | +€318 | +11.4% |
| Profit (loss) for the period before taxes | 9903 | -€23,811 | -€9,442 | +€14,370 | +60.3% |
| Profit (loss) for the period | 9904 | -€23,811 | -€9,442 | +€14,370 | +60.3% |
| Transfer to tax-exempt reserves | 689 | €356 | €0 | -€356 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,168 | -€9,442 | +€14,726 | +60.9% |
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.