DEVICO INTERNATIONAL: 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.
DEVICO INTERNATIONAL
Largest movements
- Current investments -€199,820
down €199,820 (-38.6%), from €518,155 to €318,335
- Cash +€75,866
up €75,866 (+7.0%), from €1.1m to €1.2m
mainly Current investments (+€199,820) and Other debts (+€62,447)
- Contributions -€62,447
down €62,447 (-50.4%), from €123,947 to €61,500
- Other debts +€62,447
new in 2025: €62,447
- Profit (loss) carried forward -€62,185
down €62,185 (-15.3%), from -€406,815 to -€469,000
- Tax, wage and social debts -€29,455
down €29,455 (-44.1%), from €66,857 to €37,402
of which Taxes: -€26,942
- Trade debts -€28,871
down €28,871 (-15.6%), from €185,191 to €156,320
- Gross operating margin -€20,267
down €20,267 (-15.9%), from €127,373 to €107,106
- Staff costs -€15,524
down €15,524 (-8.4%), from €183,950 to €168,426
- Other operating charges +€5,695
up €5,695 (+40.0%), from €14,241 to €19,936
- Financial income +€2,946
up €2,946 (+14.9%), from €19,789 to €22,735
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 | €2,028,514 | €1,919,587 | -€108,927 | -5.4% |
| Fixed assets | 21/28 | €2,492 | €3,498 | +€1,006 | +40.4% |
| Tangible fixed assets | 22/27 | €125 | €1,131 | +€1,006 | +804.8% |
| Plant, machinery and equipment | 23 | - | €1,069 | +€1,069 | |
| Furniture and vehicles | 24 | €125 | €62 | -€63 | -50.4% |
| Financial fixed assets | 28 | €2,367 | €2,367 | = | 0.0% |
| Current assets | 29/58 | €2,026,022 | €1,916,089 | -€109,933 | -5.4% |
| Stocks and contracts in progress | 3 | €68,664 | €64,333 | -€4,331 | -6.3% |
| Stocks | 30/36 | €68,664 | €64,333 | -€4,331 | -6.3% |
| Amounts receivable within one year | 40/41 | €341,801 | €361,518 | +€19,717 | +5.8% |
| Trade receivables | 40 | €336,196 | €354,675 | +€18,479 | +5.5% |
| Other amounts receivable | 41 | €5,605 | €6,843 | +€1,238 | +22.1% |
| Current investments | 50/53 | €518,155 | €318,335 | -€199,820 | -38.6% |
| Cash at bank and in hand | 54/58 | €1,087,271 | €1,163,137 | +€75,866 | +7.0% |
| Deferred charges and accrued income | 490/1 | €10,131 | €8,766 | -€1,365 | -13.5% |
| Total equity and liabilities | 10/49 | €2,028,514 | €1,919,587 | -€108,927 | -5.4% |
| Equity | 10/15 | €1,773,527 | €1,648,895 | -€124,632 | -7.0% |
| Contributions | 10/11 | €123,947 | €61,500 | -€62,447 | -50.4% |
| Capital | 10 | €123,947 | €61,500 | -€62,447 | -50.4% |
| Issued capital | 100 | €123,947 | €61,500 | -€62,447 | -50.4% |
| Reserves | 13 | €2,056,395 | €2,056,395 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,395 | €12,395 | = | 0.0% |
| Distributable reserves | 133 | €2,044,000 | €2,044,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€406,815 | -€469,000 | -€62,185 | -15.3% |
| Amounts payable | 17/49 | €254,987 | €270,692 | +€15,705 | +6.2% |
| Amounts payable within one year | 42/48 | €252,048 | €256,169 | +€4,121 | +1.6% |
| Trade debts | 44 | €185,191 | €156,320 | -€28,871 | -15.6% |
| Suppliers | 440/4 | €185,191 | €156,320 | -€28,871 | -15.6% |
| Taxes, remuneration and social security | 45 | €66,857 | €37,402 | -€29,455 | -44.1% |
| Taxes | 450/3 | €35,116 | €8,174 | -€26,942 | -76.7% |
| Remuneration and social security | 454/9 | €31,741 | €29,228 | -€2,513 | -7.9% |
| Other amounts payable | 47/48 | - | €62,447 | +€62,447 | |
| Accrued charges and deferred income | 492/3 | €2,939 | €14,523 | +€11,584 | +394.1% |
| Remuneration, social security and pensions | 62 | €183,950 | €168,426 | -€15,524 | -8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63 | €534 | +€471 | +747.6% |
| Other operating charges | 640/8 | €14,241 | €19,936 | +€5,695 | +40.0% |
| Gross operating margin | 9900 | €127,373 | €107,106 | -€20,267 | -15.9% |
| Operating profit (loss) | 9901 | -€70,881 | -€81,790 | -€10,909 | -15.4% |
| Financial income | 75/76B | €19,789 | €22,735 | +€2,946 | +14.9% |
| Recurring financial income | 75 | €19,789 | €22,735 | +€2,946 | +14.9% |
| Financial charges | 65/66B | €3,052 | €2,839 | -€213 | -7.0% |
| Recurring financial charges | 65 | €3,052 | €2,839 | -€213 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | -€54,144 | -€61,894 | -€7,750 | -14.3% |
| Income taxes | 67/77 | €275 | €292 | +€17 | +6.2% |
| Profit (loss) for the period | 9904 | -€54,419 | -€62,186 | -€7,767 | -14.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€54,419 | -€62,186 | -€7,767 | -14.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.