Deves: 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.
Deves
Largest movements
- Cash +€17,650
up €17,650 (+23.6%), from €74,908 to €92,558
mainly Net result for the year (+€68,962) and Debts after one year (+€28,951)
- Stocks and contracts +€9,923
up €9,923 (+66.8%), from €14,846 to €24,768
of which Stocks: +€19,646
- Receivables within one year +€9,762
up €9,762 (+88.6%), from €11,023 to €20,785
of which Trade receivables: +€20,124
- Tangible fixed assets -€8,077
down €8,077 (-25.9%), from €31,197 to €23,120
of which Furniture and vehicles: -€11,648
- Debts after one year +€28,951
up €28,951 (+262%), from €11,049 to €40,000
of which Other amounts payable: +€40,000
- Reserves +€18,962
up €18,962 (+217%), from €8,758 to €27,720
- Other debts -€9,359
down €9,359 (-15.6%), from €60,000 to €50,641
- Tax, wage and social debts -€8,557
down €8,557 (-99.9%), from €8,566 to €9
- Current portion of long-term debt -€2,102
down €2,102 (-14.2%), from €14,838 to €12,735
- Gross operating margin +€49,441
up €49,441 (+78.1%), from €63,278 to €112,720
- Taxes +€11,716
up €11,716 (+90.3%), from €12,970 to €24,686
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 | €134,015 | €162,767 | +€28,752 | +21.5% |
| Fixed assets | 21/28 | €32,781 | €24,203 | -€8,577 | -26.2% |
| Intangible fixed assets | 21 | €1,583 | €1,083 | -€500 | -31.6% |
| Tangible fixed assets | 22/27 | €31,197 | €23,120 | -€8,077 | -25.9% |
| Plant, machinery and equipment | 23 | - | €3,962 | +€3,962 | |
| Furniture and vehicles | 24 | €29,933 | €18,284 | -€11,648 | -38.9% |
| Other tangible fixed assets | 26 | €1,265 | €874 | -€391 | -30.9% |
| Current assets | 29/58 | €101,234 | €138,563 | +€37,329 | +36.9% |
| Stocks and contracts in progress | 3 | €14,846 | €24,768 | +€9,923 | +66.8% |
| Stocks | 30/36 | €5,123 | €24,768 | +€19,646 | +384% |
| Contracts in progress | 37 | €9,723 | €0 | -€9,723 | -100% |
| Amounts receivable within one year | 40/41 | €11,023 | €20,785 | +€9,762 | +88.6% |
| Trade receivables | 40 | €312 | €20,436 | +€20,124 | +6,453% |
| Other amounts receivable | 41 | €10,711 | €349 | -€10,362 | -96.7% |
| Cash at bank and in hand | 54/58 | €74,908 | €92,558 | +€17,650 | +23.6% |
| Deferred charges and accrued income | 490/1 | €458 | €452 | -€6 | -1.4% |
| Total equity and liabilities | 10/49 | €134,015 | €162,767 | +€28,752 | +21.5% |
| Equity | 10/15 | €18,814 | €37,775 | +€18,962 | +101% |
| Contributions | 10/11 | €10,055 | €10,055 | = | 0.0% |
| Reserves | 13 | €8,758 | €27,720 | +€18,962 | +217% |
| Distributable reserves | 133 | €8,758 | €27,720 | +€18,962 | +217% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €115,202 | €124,991 | +€9,790 | +8.5% |
| Amounts payable after more than one year | 17 | €11,049 | €40,000 | +€28,951 | +262% |
| Financial debts | 170/4 | €11,049 | €0 | -€11,049 | -100% |
| Other amounts payable | 178/9 | - | €40,000 | +€40,000 | |
| Amounts payable within one year | 42/48 | €104,152 | €84,831 | -€19,321 | -18.6% |
| Current portion of amounts payable after more than one year | 42 | €14,838 | €12,735 | -€2,102 | -14.2% |
| Trade debts | 44 | €20,749 | €21,445 | +€696 | +3.4% |
| Suppliers | 440/4 | €20,749 | €21,445 | +€696 | +3.4% |
| Taxes, remuneration and social security | 45 | €8,566 | €9 | -€8,557 | -99.9% |
| Taxes | 450/3 | €8,566 | €9 | -€8,557 | -99.9% |
| Other amounts payable | 47/48 | €60,000 | €50,641 | -€9,359 | -15.6% |
| Accrued charges and deferred income | 492/3 | - | €160 | +€160 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,141 | €18,159 | +€1,018 | +5.9% |
| Other operating charges | 640/8 | €476 | €479 | +€3 | +0.7% |
| Gross operating margin | 9900 | €63,278 | €112,720 | +€49,441 | +78.1% |
| Operating profit (loss) | 9901 | €45,662 | €94,081 | +€48,419 | +106% |
| Financial income | 75/76B | €576 | €8 | -€568 | -98.6% |
| Recurring financial income | 75 | €576 | €8 | -€568 | -98.6% |
| Financial charges | 65/66B | €655 | €441 | -€214 | -32.7% |
| Recurring financial charges | 65 | €655 | €441 | -€214 | -32.7% |
| Profit (loss) for the period before taxes | 9903 | €45,582 | €93,648 | +€48,066 | +105% |
| Income taxes | 67/77 | €12,970 | €24,686 | +€11,716 | +90.3% |
| Profit (loss) for the period | 9904 | €32,612 | €68,962 | +€36,350 | +111% |
| Profit (loss) for the period to be appropriated | 9905 | €32,612 | €68,962 | +€36,350 | +111% |
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 19 October 2026 via checked.be.