Devenirs: 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
Devenirs
NACE 85.592, Vocational training
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€26,298
2024 · €434-€26,732
Equity
€117,655
2024 · €145,307-€27,652
Cash
€62,454
2024 · €65,463-€3,009
Balance sheet total
€796,809
2024 · €1.1m-€263,611
Largest movements
Assets
- Receivables within one year -€261,337
down €261,337 (-31.5%), from €830,238 to €568,901
of which Other amounts receivable: -€189,505
- Deferred charges and accrued income +€10,929
up €10,929 (+2089.7%), from €523 to €11,452
Equity and liabilities
- Accrued charges and deferred income -€236,673
down €236,673 (-63.3%), from €373,671 to €136,998
- Reserves -€25,863
down €25,863 (-24.5%), from €105,727 to €79,864
- Debts within one year +€15,793
up €15,793 (+3.3%), from €478,033 to €493,826
of which Advances received: +€96,642
- Debts after one year -€15,079
down €15,079 (-23.8%), from €63,409 to €48,330
Income statement
- Purchases and services -€504,991
down €504,991 (-56.3%), from €896,610 to €391,619
- Turnover +€30,089
up €30,089 (+15.7%), from €192,089 to €222,178
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.
Result 2024
€434
Gross operating margin
-€6,152
Staff costs
-€4,978
Depreciation
+€6,373
Other operating charges
+€2,132
Other operating items
-€18,007
Financial income
-€5,863
Financial charges
-€274
Taxes
+€37
Result 2025
-€26,298
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.
From operations
+€37,702
Investment
-€24,278
Financing
-€16,433
Cash 2024
€65,463
From operations (derived)
+€37,702
Net result for the year
-€26,298
Depreciation
+€34,417
Stocks and contracts
+€55
Receivables within one year
+€261,337
Deferred charges and accrued income
-€10,929
Debts within one year
+€15,793
Accrued charges and deferred income
-€236,673
Investment (derived)
-€24,278
Investment in fixed assets (net)
-€24,278
Financing
-€16,433
Debts after one year
-€15,079
Contributions, distributions and other
-€1,354
Cash 2025
€62,454
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,060,420 | €796,809 | -€263,611 | -24.9% |
| Fixed assets | 21/28 | €154,242 | €144,103 | -€10,139 | -6.6% |
| Intangible fixed assets | 21 | €15,268 | €10,702 | -€4,566 | -29.9% |
| Tangible fixed assets | 22/27 | €138,974 | €133,401 | -€5,573 | -4.0% |
| Land and buildings | 22 | €97,076 | €85,800 | -€11,276 | -11.6% |
| Plant, machinery and equipment | 23 | €32,370 | €38,323 | +€5,953 | +18.4% |
| Furniture and vehicles | 24 | €9,528 | €9,278 | -€250 | -2.6% |
| Current assets | 29/58 | €906,178 | €652,706 | -€253,472 | -28.0% |
| Stocks and contracts in progress | 3 | €9,954 | €9,899 | -€55 | -0.6% |
| Stocks | 30/36 | €9,954 | €9,899 | -€55 | -0.6% |
| Amounts receivable within one year | 40/41 | €830,238 | €568,901 | -€261,337 | -31.5% |
| Trade receivables | 40 | €503,154 | €431,322 | -€71,832 | -14.3% |
| Other amounts receivable | 41 | €327,084 | €137,579 | -€189,505 | -57.9% |
| Cash at bank and in hand | 54/58 | €65,463 | €62,454 | -€3,009 | -4.6% |
| Deferred charges and accrued income | 490/1 | €523 | €11,452 | +€10,929 | +2089.7% |
| Total equity and liabilities | 10/49 | €1,060,420 | €796,809 | -€263,611 | -24.9% |
| Equity | 10/15 | €145,307 | €117,655 | -€27,652 | -19.0% |
| Reserves | 13 | €105,727 | €79,864 | -€25,863 | -24.5% |
| Profit (loss) carried forward | 14 | €434 | €0 | -€434 | -100.0% |
| Investment grants | 15 | €39,146 | €37,791 | -€1,355 | -3.5% |
| Amounts payable | 17/49 | €915,113 | €679,154 | -€235,959 | -25.8% |
| Amounts payable after more than one year | 17 | €63,409 | €48,330 | -€15,079 | -23.8% |
| Financial debts | 170/4 | €63,409 | €48,330 | -€15,079 | -23.8% |
| Amounts payable within one year | 42/48 | €478,033 | €493,826 | +€15,793 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €14,591 | €15,079 | +€488 | +3.3% |
| Financial debts | 43 | €104,474 | €140,000 | +€35,526 | +34.0% |
| Credit institutions | 430/8 | €104,474 | €140,000 | +€35,526 | +34.0% |
| Trade debts | 44 | €98,248 | €76,334 | -€21,914 | -22.3% |
| Suppliers | 440/4 | €98,248 | €76,334 | -€21,914 | -22.3% |
| Advances received on contracts in progress | 46 | - | €96,642 | +€96,642 | |
| Taxes, remuneration and social security | 45 | €213,262 | €165,771 | -€47,491 | -22.3% |
| Taxes | 450/3 | €18,792 | €20,166 | +€1,374 | +7.3% |
| Remuneration and social security | 454/9 | €194,470 | €145,605 | -€48,865 | -25.1% |
| Accrued charges and deferred income | 492/3 | €373,671 | €136,998 | -€236,673 | -63.3% |
| Turnover | 70 | €192,089 | €222,178 | +€30,089 | +15.7% |
| Non-recurring operating income | 76A | €7,995 | €2,276 | -€5,719 | -71.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €896,610 | €391,619 | -€504,991 | -56.3% |
| Remuneration, social security and pensions | 62 | €1,055,851 | €1,060,829 | +€4,978 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,790 | €34,417 | -€6,373 | -15.6% |
| Other operating charges | 640/8 | €7,462 | €5,330 | -€2,132 | -28.6% |
| Non-recurring operating charges | 66A | €1,160 | €19,167 | +€18,007 | +1552.3% |
| Gross operating margin | 9900 | €1,103,021 | €1,096,869 | -€6,152 | -0.6% |
| Operating profit (loss) | 9901 | -€2,242 | -€22,874 | -€20,632 | -920.2% |
| Financial income | 75/76B | €11,973 | €6,110 | -€5,863 | -49.0% |
| Recurring financial income | 75 | €11,973 | €6,110 | -€5,863 | -49.0% |
| Financial charges | 65/66B | €8,779 | €9,053 | +€274 | +3.1% |
| Recurring financial charges | 65 | €8,779 | €9,053 | +€274 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €952 | -€25,817 | -€26,769 | |
| Income taxes | 67/77 | €518 | €481 | -€37 | -7.1% |
| Profit (loss) for the period | 9904 | €434 | -€26,298 | -€26,732 | |
| Profit (loss) for the period to be appropriated | 9905 | €434 | -€26,298 | -€26,732 |
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.