DEVECO PACKAGING: 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.
DEVECO PACKAGING
Largest movements
- Cash -€52,781
down €52,781 (-11.8%), from €447,914 to €395,132
mainly Investment in fixed assets (net) (-€44,698) and Net result for the year (-€5,429)
- Tangible fixed assets +€43,768
up €43,768, from €0 to €43,768
- Reserves -€5,429
down €5,429 (-1.2%), from €453,753 to €448,324
of which Distributable reserves: -€5,429
- Other operating charges +€4,982
up €4,982 (+518%), from €961 to €5,943
- Gross operating margin +€555
up €555, from -€259 to €296
- Financial income +€554
up €554 (+67.3%), from €823 to €1,377
- Depreciation +€171
up €171 (+22.4%), from €760 to €931
- Financial charges +€45
up €45 (+27.4%), from €166 to €211
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 | €462,253 | €455,352 | -€6,901 | -1.5% |
| Fixed assets | 21/28 | €127 | €43,895 | +€43,768 | +34,463% |
| Tangible fixed assets | 22/27 | €0 | €43,768 | +€43,768 | |
| Furniture and vehicles | 24 | €0 | €43,768 | +€43,768 | |
| Financial fixed assets | 28 | €127 | €127 | = | 0.0% |
| Current assets | 29/58 | €462,126 | €411,457 | -€50,669 | -11.0% |
| Amounts receivable within one year | 40/41 | €14,213 | €15,206 | +€994 | +7.0% |
| Trade receivables | 40 | €11,162 | €7,004 | -€4,158 | -37.2% |
| Other amounts receivable | 41 | €3,051 | €8,202 | +€5,151 | +169% |
| Cash at bank and in hand | 54/58 | €447,914 | €395,132 | -€52,781 | -11.8% |
| Deferred charges and accrued income | 490/1 | €0 | €1,119 | +€1,119 | |
| Total equity and liabilities | 10/49 | €462,253 | €455,352 | -€6,901 | -1.5% |
| Equity | 10/15 | €459,953 | €454,524 | -€5,429 | -1.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €453,753 | €448,324 | -€5,429 | -1.2% |
| Tax-exempt reserves | 132 | €214,900 | €214,900 | = | 0.0% |
| Distributable reserves | 133 | €238,853 | €233,424 | -€5,429 | -2.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €2,300 | €828 | -€1,472 | -64.0% |
| Amounts payable within one year | 42/48 | €2,300 | €828 | -€1,472 | -64.0% |
| Trade debts | 44 | €1,837 | €828 | -€1,009 | -54.9% |
| Suppliers | 440/4 | €1,837 | €828 | -€1,009 | -54.9% |
| Taxes, remuneration and social security | 45 | €463 | €0 | -€463 | -100% |
| Taxes | 450/3 | €463 | €0 | -€463 | -100% |
| Non-recurring operating income | 76A | €6,393 | €0 | -€6,393 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €760 | €931 | +€171 | +22.4% |
| Other operating charges | 640/8 | €961 | €5,943 | +€4,982 | +518% |
| Gross operating margin | 9900 | -€259 | €296 | +€555 | |
| Operating profit (loss) | 9901 | -€1,980 | -€6,578 | -€4,598 | -232% |
| Financial income | 75/76B | €823 | €1,377 | +€554 | +67.3% |
| Recurring financial income | 75 | €823 | €1,377 | +€554 | +67.3% |
| Financial charges | 65/66B | €166 | €211 | +€45 | +27.4% |
| Recurring financial charges | 65 | €166 | €211 | +€45 | +27.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,322 | -€5,412 | -€4,089 | -309% |
| Income taxes | 67/77 | - | €17 | +€17 | |
| Profit (loss) for the period | 9904 | -€1,322 | -€5,429 | -€4,107 | -311% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,322 | -€5,429 | -€4,107 | -311% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.