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Devconaert: 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

Devconaert

BE 0661.616.214
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€49,007
2024 · €52,443-€3,436
Equity
€112,178
2024 · €63,171+€49,007
Cash
€25,955
2024 · €30,467-€4,511
Balance sheet total
€154,600
2024 · €90,710+€63,890

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€34,505

    up €34,505 (+95.2%), from €36,241 to €70,746

    of which Other tangible fixed assets: +€25,450

  • Receivables within one year +€32,359

    up €32,359 (+147.9%), from €21,874 to €54,233

    of which Other amounts receivable: +€38,265

  • Cash -€4,511

    down €4,511 (-14.8%), from €30,467 to €25,955

    mainly Investment in fixed assets (net) (-€51,117) and Receivables within one year (-€32,359)

Equity and liabilities
  • Reserves +€49,007

    up €49,007 (+110.0%), from €44,571 to €93,578

    of which Distributable reserves: +€49,007

  • Tax, wage and social debts +€11,800

    up €11,800 (+151.4%), from €7,792 to €19,592

    of which Taxes: +€10,550

  • Debts after one year +€9,929

    new in 2025: €9,929

  • Current portion of long-term debt -€4,902

    down €4,902 (-40.8%), from €12,000 to €7,098

Income statement
  • Depreciation +€11,693

    up €11,693 (+237.7%), from €4,919 to €16,612

  • Gross operating margin +€8,555

    up €8,555 (+10.9%), from €78,671 to €87,226

  • Other operating charges +€1,673

    up €1,673 (+247.6%), from €676 to €2,348

  • Financial income +€1,066

    up €1,066, from €0 to €1,066

From the 2024 result to the 2025 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 2024 €52,443
Gross operating margin +€8,555
Depreciation -€11,693
Other operating charges -€1,673
Financial income +€1,066
Financial charges -€300
Taxes +€609
Result 2025 €49,007

Cash bridge derived

cash 2024 to 2025

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.

From operations +€41,597
Investment -€51,117
Financing +€5,008
Cash 2024 €30,467
Net result for the year +€49,007
Depreciation +€16,612
Receivables within one year -€32,359
Deferred charges and accrued income -€1,538
Trade debts -€903
Tax, wage and social debts +€11,800
Other debts -€772
Accrued charges and deferred income -€250
Investment in fixed assets (net) -€51,117
Debts after one year +€9,929
Current portion of long-term debt -€4,902
Short-term financial debts -€19
Cash 2025 €25,955
Every line side by side 47 lines
Line Code 2024 2025 Change %
Total assets 20/58 €90,710 €154,600 +€63,890 +70.4%
Fixed assets 21/28 €36,241 €70,746 +€34,505 +95.2%
Tangible fixed assets 22/27 €36,241 €70,746 +€34,505 +95.2%
Land and buildings 22 €2,864 €2,449 -€415 -14.5%
Plant, machinery and equipment 23 €2,957 €3,523 +€566 +19.1%
Furniture and vehicles 24 €30,421 €39,324 +€8,903 +29.3%
Other tangible fixed assets 26 - €25,450 +€25,450
Current assets 29/58 €54,469 €83,855 +€29,385 +53.9%
Amounts receivable within one year 40/41 €21,874 €54,233 +€32,359 +147.9%
Trade receivables 40 €21,874 €15,968 -€5,906 -27.0%
Other amounts receivable 41 €0 €38,265 +€38,265
Cash at bank and in hand 54/58 €30,467 €25,955 -€4,511 -14.8%
Deferred charges and accrued income 490/1 €2,128 €3,666 +€1,538 +72.3%
Total equity and liabilities 10/49 €90,710 €154,600 +€63,890 +70.4%
Equity 10/15 €63,171 €112,178 +€49,007 +77.6%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €44,571 €93,578 +€49,007 +110.0%
Non-distributable reserves 130/1 €226 €226 = 0.0%
Reserves not available under the articles 1311 €226 €226 = 0.0%
Distributable reserves 133 €44,345 €93,352 +€49,007 +110.5%
Profit (loss) carried forward 14 €0 - =
Amounts payable 17/49 €27,539 €42,423 +€14,883 +54.0%
Amounts payable after more than one year 17 - €9,929 +€9,929
Financial debts 170/4 - €9,929 +€9,929
Amounts payable within one year 42/48 €26,679 €31,883 +€5,204 +19.5%
Current portion of amounts payable after more than one year 42 €12,000 €7,098 -€4,902 -40.8%
Financial debts 43 €39 €20 -€19 -48.8%
Credit institutions 430/8 €39 €20 -€19 -48.8%
Trade debts 44 €6,076 €5,173 -€903 -14.9%
Suppliers 440/4 €6,076 €5,173 -€903 -14.9%
Taxes, remuneration and social security 45 €7,792 €19,592 +€11,800 +151.4%
Taxes 450/3 €7,792 €18,342 +€10,550 +135.4%
Remuneration and social security 454/9 - €1,250 +€1,250
Other amounts payable 47/48 €772 €0 -€772 -100.0%
Accrued charges and deferred income 492/3 €860 €610 -€250 -29.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,919 €16,612 +€11,693 +237.7%
Other operating charges 640/8 €676 €2,348 +€1,673 +247.6%
Gross operating margin 9900 €78,671 €87,226 +€8,555 +10.9%
Operating profit (loss) 9901 €73,076 €68,266 -€4,811 -6.6%
Financial income 75/76B €0 €1,066 +€1,066
Recurring financial income 75 €0 €1,066 +€1,066
Financial charges 65/66B €1,152 €1,452 +€300 +26.0%
Recurring financial charges 65 €1,152 €1,452 +€300 +26.0%
Profit (loss) for the period before taxes 9903 €71,925 €67,880 -€4,045 -5.6%
Income taxes 67/77 €19,482 €18,873 -€609 -3.1%
Profit (loss) for the period 9904 €52,443 €49,007 -€3,436 -6.6%
Profit (loss) for the period to be appropriated 9905 €52,443 €49,007 -€3,436 -6.6%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.