DEVEO: 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.
DEVEO
Largest movements
- Receivables within one year +€37,185
up €37,185 (+38.2%), from €97,390 to €134,575
- Cash +€10,420
up €10,420 (+177.3%), from €5,877 to €16,297
mainly Net result for the year (+€42,062) and Depreciation (+€10,375)
- Tangible fixed assets -€10,375
down €10,375 (-19.4%), from €53,515 to €43,140
of which Land and buildings: -€6,691
- Deferred charges and accrued income -€7,153
down €7,153 (-10.8%), from €66,151 to €58,999
- Reserves +€42,062
up €42,062 (+47.1%), from €89,320 to €131,382
of which Distributable reserves: +€42,062
- Debts after one year -€11,988
down €11,988 (-26.5%), from €45,233 to €33,245
- Current portion of long-term debt -€10,222
down €10,222 (-60.1%), from €17,021 to €6,799
- Tax, wage and social debts +€10,097
up €10,097 (+30.3%), from €33,334 to €43,431
- Depreciation -€12,507
down €12,507 (-54.7%), from €22,882 to €10,375
- Gross operating margin -€9,027
down €9,027 (-11.7%), from €77,117 to €68,089
- Other operating charges -€3,039
down €3,039 (-69.2%), from €4,393 to €1,354
- Taxes +€2,206
up €2,206 (+14.8%), from €14,910 to €17,116
- Financial income +€2,005
up €2,005 (+47.3%), from €4,239 to €6,244
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €222,933 | €253,011 | +€30,078 | +13.5% |
| Fixed assets | 21/28 | €53,515 | €43,140 | -€10,375 | -19.4% |
| Tangible fixed assets | 22/27 | €53,515 | €43,140 | -€10,375 | -19.4% |
| Land and buildings | 22 | €32,612 | €25,921 | -€6,691 | -20.5% |
| Plant, machinery and equipment | 23 | €20,633 | €17,219 | -€3,414 | -16.5% |
| Furniture and vehicles | 24 | €270 | - | -€270 | |
| Current assets | 29/58 | €169,418 | €209,871 | +€40,453 | +23.9% |
| Amounts receivable within one year | 40/41 | €97,390 | €134,575 | +€37,185 | +38.2% |
| Other amounts receivable | 41 | €97,390 | €134,575 | +€37,185 | +38.2% |
| Cash at bank and in hand | 54/58 | €5,877 | €16,297 | +€10,420 | +177.3% |
| Deferred charges and accrued income | 490/1 | €66,151 | €58,999 | -€7,153 | -10.8% |
| Total equity and liabilities | 10/49 | €222,933 | €253,011 | +€30,078 | +13.5% |
| Equity | 10/15 | €119,568 | €161,630 | +€42,062 | +35.2% |
| Contributions | 10/11 | €30,248 | €30,248 | = | 0.0% |
| Reserves | 13 | €89,320 | €131,382 | +€42,062 | +47.1% |
| Non-distributable reserves | 130/1 | €3,025 | €3,025 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,025 | €3,025 | = | 0.0% |
| Distributable reserves | 133 | €86,295 | €128,357 | +€42,062 | +48.7% |
| Amounts payable | 17/49 | €103,366 | €91,381 | -€11,984 | -11.6% |
| Amounts payable after more than one year | 17 | €45,233 | €33,245 | -€11,988 | -26.5% |
| Financial debts | 170/4 | €45,233 | €33,245 | -€11,988 | -26.5% |
| Amounts payable within one year | 42/48 | €58,133 | €58,137 | +€4 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €17,021 | €6,799 | -€10,222 | -60.1% |
| Trade debts | 44 | €7,477 | €7,907 | +€429 | +5.7% |
| Suppliers | 440/4 | €7,477 | €7,907 | +€429 | +5.7% |
| Taxes, remuneration and social security | 45 | €33,334 | €43,431 | +€10,097 | +30.3% |
| Taxes | 450/3 | €33,334 | €43,431 | +€10,097 | +30.3% |
| Other amounts payable | 47/48 | €300 | - | -€300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,882 | €10,375 | -€12,507 | -54.7% |
| Other operating charges | 640/8 | €4,393 | €1,354 | -€3,039 | -69.2% |
| Gross operating margin | 9900 | €77,117 | €68,089 | -€9,027 | -11.7% |
| Operating profit (loss) | 9901 | €49,842 | €56,360 | +€6,519 | +13.1% |
| Financial income | 75/76B | €4,239 | €6,244 | +€2,005 | +47.3% |
| Recurring financial income | 75 | €4,239 | €6,244 | +€2,005 | +47.3% |
| Financial charges | 65/66B | €3,599 | €3,426 | -€173 | -4.8% |
| Recurring financial charges | 65 | €3,599 | €3,426 | -€173 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €50,481 | €59,178 | +€8,697 | +17.2% |
| Income taxes | 67/77 | €14,910 | €17,116 | +€2,206 | +14.8% |
| Profit (loss) for the period | 9904 | €35,571 | €42,062 | +€6,491 | +18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €35,571 | €42,062 | +€6,491 | +18.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.