DeVe Management: 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.
DeVe Management
Largest movements
- Receivables within one year -€19,191
down €19,191 (-50.6%), from €37,890 to €18,699
of which Trade receivables: -€19,856
- Cash +€18,252
up €18,252 (+31.4%), from €58,136 to €76,387
mainly Net result for the year (+€39,125) and Receivables within one year (+€19,191)
- Tangible fixed assets -€5,841
down €5,841 (-48.1%), from €12,147 to €6,306
of which Furniture and vehicles: -€6,094
- Tax, wage and social debts -€7,022
down €7,022 (-64.2%), from €10,933 to €3,912
- Gross operating margin -€42,995
down €42,995 (-40.4%), from €106,374 to €63,379
- Depreciation -€5,250
down €5,250 (-40.5%), from €12,959 to €7,709
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 | €109,420 | €102,704 | -€6,717 | -6.1% |
| Fixed assets | 21/28 | €12,147 | €6,306 | -€5,841 | -48.1% |
| Tangible fixed assets | 22/27 | €12,147 | €6,306 | -€5,841 | -48.1% |
| Plant, machinery and equipment | 23 | €2,325 | €2,578 | +€253 | +10.9% |
| Furniture and vehicles | 24 | €9,822 | €3,729 | -€6,094 | -62.0% |
| Current assets | 29/58 | €97,273 | €96,397 | -€876 | -0.9% |
| Amounts receivable within one year | 40/41 | €37,890 | €18,699 | -€19,191 | -50.6% |
| Trade receivables | 40 | €36,591 | €16,734 | -€19,856 | -54.3% |
| Other amounts receivable | 41 | €1,300 | €1,965 | +€665 | +51.2% |
| Cash at bank and in hand | 54/58 | €58,136 | €76,387 | +€18,252 | +31.4% |
| Deferred charges and accrued income | 490/1 | €1,247 | €1,311 | +€64 | +5.1% |
| Total equity and liabilities | 10/49 | €109,420 | €102,704 | -€6,717 | -6.1% |
| Equity | 10/15 | €97,212 | €97,289 | +€77 | +0.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €91,012 | €91,089 | +€77 | +0.1% |
| Distributable reserves | 133 | €91,012 | €91,089 | +€77 | +0.1% |
| Amounts payable | 17/49 | €12,208 | €5,415 | -€6,794 | -55.6% |
| Amounts payable within one year | 42/48 | €11,848 | €5,415 | -€6,434 | -54.3% |
| Trade debts | 44 | €915 | €1,503 | +€588 | +64.2% |
| Suppliers | 440/4 | €915 | €1,503 | +€588 | +64.2% |
| Taxes, remuneration and social security | 45 | €10,933 | €3,912 | -€7,022 | -64.2% |
| Taxes | 450/3 | €10,933 | €3,912 | -€7,022 | -64.2% |
| Accrued charges and deferred income | 492/3 | €360 | - | -€360 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,959 | €7,709 | -€5,250 | -40.5% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €106,374 | €63,379 | -€42,995 | -40.4% |
| Operating profit (loss) | 9901 | €93,028 | €55,270 | -€37,758 | -40.6% |
| Financial income | 75/76B | €126 | €362 | +€235 | +185.9% |
| Recurring financial income | 75 | €126 | €362 | +€235 | +185.9% |
| Financial charges | 65/66B | €122 | €199 | +€77 | +63.6% |
| Recurring financial charges | 65 | €122 | €199 | +€77 | +63.6% |
| Profit (loss) for the period before taxes | 9903 | €93,033 | €55,433 | -€37,600 | -40.4% |
| Income taxes | 67/77 | €16,569 | €16,308 | -€261 | -1.6% |
| Profit (loss) for the period | 9904 | €76,463 | €39,125 | -€37,339 | -48.8% |
| Profit (loss) for the period to be appropriated | 9905 | €76,463 | €39,125 | -€37,339 | -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 5 October 2026 via checked.be.