DEVE LOGISTICS: what changed
Two financial 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.
DEVE LOGISTICS
Largest movements
- Cash +€108,979
up €108,979 (+95.3%), from €114,359 to €223,338
mainly Trade debts (+€95,301) and Net result for the year (+€56,242)
- Receivables within one year +€47,849
up €47,849 (+13.2%), from €361,705 to €409,554
of which Trade receivables: +€47,840
- Trade debts +€95,301
up €95,301 (+144%), from €65,994 to €161,295
- Other debts +€44,332
up €44,332 (+443%), from €10,000 to €54,332
- Tax, wage and social debts -€35,635
down €35,635 (-47.5%), from €75,022 to €39,387
of which Taxes: -€36,650
- Profit (loss) carried forward +€29,402
up €29,402 (+9.9%), from €298,143 to €327,545
- Reserves +€16,840
up €16,840 (+12.3%), from €136,580 to €153,420
of which Tax-exempt reserves: +€16,840
- Gross operating margin +€33,577
up €33,577 (+5.4%), from €623,836 to €657,413
- Staff costs +€18,757
up €18,757 (+3.4%), from €557,090 to €575,847
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.
Derived cash bridge
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 | €604,339 | €754,578 | +€150,239 | +24.9% |
| Fixed assets | 21/28 | €30,402 | €25,002 | -€5,400 | -17.8% |
| Tangible fixed assets | 22/27 | €15,312 | €9,912 | -€5,400 | -35.3% |
| Furniture and vehicles | 24 | €15,312 | €9,912 | -€5,400 | -35.3% |
| Financial fixed assets | 28 | €15,090 | €15,090 | = | 0.0% |
| Current assets | 29/58 | €573,937 | €729,576 | +€155,639 | +27.1% |
| Stocks and contracts in progress | 3 | €7,345 | €4,800 | -€2,545 | -34.6% |
| Stocks | 30/36 | €7,345 | €4,800 | -€2,545 | -34.6% |
| Amounts receivable within one year | 40/41 | €361,705 | €409,554 | +€47,849 | +13.2% |
| Trade receivables | 40 | €361,594 | €409,434 | +€47,840 | +13.2% |
| Other amounts receivable | 41 | €111 | €120 | +€9 | +8.1% |
| Cash at bank and in hand | 54/58 | €114,359 | €223,338 | +€108,979 | +95.3% |
| Deferred charges and accrued income | 490/1 | €90,527 | €91,884 | +€1,356 | +1.5% |
| Total equity and liabilities | 10/49 | €604,339 | €754,578 | +€150,239 | +24.9% |
| Equity | 10/15 | €453,323 | €499,565 | +€46,242 | +10.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €136,580 | €153,420 | +€16,840 | +12.3% |
| Tax-exempt reserves | 132 | €134,720 | €151,560 | +€16,840 | +12.5% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €298,143 | €327,545 | +€29,402 | +9.9% |
| Amounts payable | 17/49 | €151,016 | €255,014 | +€103,997 | +68.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €151,016 | €255,014 | +€103,997 | +68.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €65,994 | €161,295 | +€95,301 | +144% |
| Suppliers | 440/4 | €65,994 | €161,295 | +€95,301 | +144% |
| Taxes, remuneration and social security | 45 | €75,022 | €39,387 | -€35,635 | -47.5% |
| Taxes | 450/3 | €40,999 | €4,350 | -€36,650 | -89.4% |
| Remuneration and social security | 454/9 | €34,023 | €35,037 | +€1,014 | +3.0% |
| Other amounts payable | 47/48 | €10,000 | €54,332 | +€44,332 | +443% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €557,090 | €575,847 | +€18,757 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,400 | €5,400 | = | 0.0% |
| Other operating charges | 640/8 | €1,937 | €2,869 | +€931 | +48.1% |
| Gross operating margin | 9900 | €623,836 | €657,413 | +€33,577 | +5.4% |
| Operating profit (loss) | 9901 | €59,408 | €73,296 | +€13,889 | +23.4% |
| Financial income | 75/76B | €1,949 | €1,978 | +€29 | +1.5% |
| Recurring financial income | 75 | €1,949 | €1,978 | +€29 | +1.5% |
| Financial charges | 65/66B | €1,316 | €983 | -€333 | -25.3% |
| Recurring financial charges | 65 | €1,316 | €983 | -€333 | -25.3% |
| Profit (loss) for the period before taxes | 9903 | €60,041 | €74,291 | +€14,250 | +23.7% |
| Income taxes | 67/77 | €13,887 | €18,050 | +€4,163 | +30.0% |
| Profit (loss) for the period | 9904 | €46,154 | €56,242 | +€10,087 | +21.9% |
| Transfer to tax-exempt reserves | 689 | €21,050 | €16,840 | -€4,210 | -20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,104 | €39,402 | +€14,297 | +57.0% |
Source: filed annual accounts (NBB), financial years ended 29 December 2024 and 29 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.