DEVIES FRANCOIS: 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.
DEVIES FRANCOIS
Largest movements
- Cash +€25,765
up €25,765 (+61.2%), from €42,070 to €67,835
mainly Receivables within one year (+€18,651) and Depreciation (+€17,741)
- Receivables within one year -€18,651
down €18,651 (-91.8%), from €20,316 to €1,665
of which Trade receivables: -€20,282
- Intangible fixed assets -€10,000
down €10,000 (-22.5%), from €44,411 to €34,411
- Tangible fixed assets -€7,283
down €7,283 (-35.4%), from €20,579 to €13,296
of which Furniture and vehicles: -€5,667
- Deferred charges and accrued income +€1,544
up €1,544 (+339%), from €455 to €1,999
- Other debts -€14,356
down €14,356 (-49.8%), from €28,829 to €14,473
- Reserves +€10,937
up €10,937 (+20.1%), from €54,335 to €65,273
- Trade debts -€8,270
down €8,270 (-45.3%), from €18,245 to €9,975
- Tax, wage and social debts +€2,606
up €2,606 (+11.0%), from €23,744 to €26,350
of which Remuneration and social security: +€2,226
- Gross operating margin -€45,716
down €45,716 (-30.9%), from €147,742 to €102,026
- Taxes -€16,275
down €16,275 (-78.5%), from €20,726 to €4,451
- Depreciation +€7,825
up €7,825 (+78.9%), from €9,916 to €17,741
- Other operating charges +€3,869
up €3,869 (+3,389%), from €114 to €3,983
- Staff costs +€3,169
up €3,169 (+5.2%), from €61,035 to €64,204
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 | €130,154 | €121,070 | -€9,084 | -7.0% |
| Formation expenses | 20 | €1,117 | €659 | -€458 | -41.0% |
| Fixed assets | 21/28 | €66,195 | €48,912 | -€17,283 | -26.1% |
| Intangible fixed assets | 21 | €44,411 | €34,411 | -€10,000 | -22.5% |
| Tangible fixed assets | 22/27 | €20,579 | €13,296 | -€7,283 | -35.4% |
| Plant, machinery and equipment | 23 | €6,746 | €5,130 | -€1,617 | -24.0% |
| Furniture and vehicles | 24 | €13,833 | €8,166 | -€5,667 | -41.0% |
| Financial fixed assets | 28 | €1,205 | €1,205 | = | 0.0% |
| Current assets | 29/58 | €62,841 | €71,499 | +€8,658 | +13.8% |
| Amounts receivable within one year | 40/41 | €20,316 | €1,665 | -€18,651 | -91.8% |
| Trade receivables | 40 | €20,282 | - | -€20,282 | |
| Other amounts receivable | 41 | €34 | €1,665 | +€1,631 | +4,769% |
| Cash at bank and in hand | 54/58 | €42,070 | €67,835 | +€25,765 | +61.2% |
| Deferred charges and accrued income | 490/1 | €455 | €1,999 | +€1,544 | +339% |
| Total equity and liabilities | 10/49 | €130,154 | €121,070 | -€9,084 | -7.0% |
| Equity | 10/15 | €59,335 | €70,273 | +€10,937 | +18.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €54,335 | €65,273 | +€10,937 | +20.1% |
| Distributable reserves | 133 | €54,335 | €65,273 | +€10,937 | +20.1% |
| Amounts payable | 17/49 | €70,818 | €50,797 | -€20,021 | -28.3% |
| Amounts payable within one year | 42/48 | €70,818 | €50,797 | -€20,021 | -28.3% |
| Trade debts | 44 | €18,245 | €9,975 | -€8,270 | -45.3% |
| Suppliers | 440/4 | €18,245 | €9,975 | -€8,270 | -45.3% |
| Taxes, remuneration and social security | 45 | €23,744 | €26,350 | +€2,606 | +11.0% |
| Taxes | 450/3 | €21,797 | €22,177 | +€380 | +1.7% |
| Remuneration and social security | 454/9 | €1,947 | €4,173 | +€2,226 | +114% |
| Other amounts payable | 47/48 | €28,829 | €14,473 | -€14,356 | -49.8% |
| Remuneration, social security and pensions | 62 | €61,035 | €64,204 | +€3,169 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,916 | €17,741 | +€7,825 | +78.9% |
| Other operating charges | 640/8 | €114 | €3,983 | +€3,869 | +3,389% |
| Gross operating margin | 9900 | €147,742 | €102,026 | -€45,716 | -30.9% |
| Operating profit (loss) | 9901 | €76,677 | €16,098 | -€60,579 | -79.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -92.9% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -92.9% |
| Financial charges | 65/66B | €1,616 | €710 | -€906 | -56.1% |
| Recurring financial charges | 65 | €1,616 | €710 | -€906 | -56.1% |
| Profit (loss) for the period before taxes | 9903 | €75,061 | €15,388 | -€59,673 | -79.5% |
| Income taxes | 67/77 | €20,726 | €4,451 | -€16,275 | -78.5% |
| Profit (loss) for the period | 9904 | €54,335 | €10,937 | -€43,398 | -79.9% |
| Profit (loss) for the period to be appropriated | 9905 | €54,335 | €10,937 | -€43,398 | -79.9% |
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 16 October 2026 via checked.be.