DEVIKO: 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.
DEVIKO
Largest movements
- Tangible fixed assets -€16,513
down €16,513 (-31.5%), from €52,422 to €35,909
of which Furniture and vehicles: -€15,963
- Cash -€4,240
down €4,240 (-24.1%), from €17,571 to €13,331
mainly Contributions, distributions and other (-€50,000) and Current portion of long-term debt (-€7,737)
- Current portion of long-term debt -€7,737
down €7,737 (-52.5%), from €14,724 to €6,987
- Debts after one year -€6,987
down €6,987 (-21.5%), from €32,477 to €25,490
- Tax, wage and social debts -€4,665
down €4,665 (-18.9%), from €24,703 to €20,038
- Profit (loss) carried forward -€4,263
down €4,263 (-8.5%), from €49,881 to €45,618
- Trade debts +€1,873
up €1,873 (+904.8%), from €207 to €2,080
- Gross operating margin +€3,354
up €3,354 (+4.7%), from €71,848 to €75,202
- Taxes +€840
up €840 (+5.6%), from €15,084 to €15,924
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 | €142,452 | €120,673 | -€21,779 | -15.3% |
| Formation expenses | 20 | €858 | €618 | -€240 | -28.0% |
| Fixed assets | 21/28 | €52,422 | €35,909 | -€16,513 | -31.5% |
| Tangible fixed assets | 22/27 | €52,422 | €35,909 | -€16,513 | -31.5% |
| Plant, machinery and equipment | 23 | €1,258 | €708 | -€550 | -43.7% |
| Furniture and vehicles | 24 | €51,164 | €35,201 | -€15,963 | -31.2% |
| Current assets | 29/58 | €89,172 | €84,146 | -€5,026 | -5.6% |
| Amounts receivable within one year | 40/41 | €71,518 | €70,680 | -€838 | -1.2% |
| Trade receivables | 40 | €9,543 | €9,498 | -€45 | -0.5% |
| Other amounts receivable | 41 | €61,975 | €61,182 | -€793 | -1.3% |
| Cash at bank and in hand | 54/58 | €17,571 | €13,331 | -€4,240 | -24.1% |
| Deferred charges and accrued income | 490/1 | €83 | €135 | +€52 | +62.7% |
| Total equity and liabilities | 10/49 | €142,452 | €120,673 | -€21,779 | -15.3% |
| Equity | 10/15 | €70,341 | €66,078 | -€4,263 | -6.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,881 | €45,618 | -€4,263 | -8.5% |
| Amounts payable | 17/49 | €72,111 | €54,595 | -€17,516 | -24.3% |
| Amounts payable after more than one year | 17 | €32,477 | €25,490 | -€6,987 | -21.5% |
| Financial debts | 170/4 | €32,477 | €25,490 | -€6,987 | -21.5% |
| Amounts payable within one year | 42/48 | €39,634 | €29,105 | -€10,529 | -26.6% |
| Current portion of amounts payable after more than one year | 42 | €14,724 | €6,987 | -€7,737 | -52.5% |
| Trade debts | 44 | €207 | €2,080 | +€1,873 | +904.8% |
| Suppliers | 440/4 | €207 | €2,080 | +€1,873 | +904.8% |
| Taxes, remuneration and social security | 45 | €24,703 | €20,038 | -€4,665 | -18.9% |
| Taxes | 450/3 | €24,703 | €20,038 | -€4,665 | -18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,126 | €16,850 | -€276 | -1.6% |
| Other operating charges | 640/8 | €1,213 | €1,093 | -€120 | -9.9% |
| Gross operating margin | 9900 | €71,848 | €75,202 | +€3,354 | +4.7% |
| Operating profit (loss) | 9901 | €53,509 | €57,259 | +€3,750 | +7.0% |
| Financial income | 75/76B | €6,162 | €6,032 | -€130 | -2.1% |
| Recurring financial income | 75 | €6,162 | €6,032 | -€130 | -2.1% |
| Financial charges | 65/66B | €2,154 | €1,630 | -€524 | -24.3% |
| Recurring financial charges | 65 | €2,154 | €1,630 | -€524 | -24.3% |
| Profit (loss) for the period before taxes | 9903 | €57,517 | €61,661 | +€4,144 | +7.2% |
| Income taxes | 67/77 | €15,084 | €15,924 | +€840 | +5.6% |
| Profit (loss) for the period | 9904 | €42,433 | €45,737 | +€3,304 | +7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €42,433 | €45,737 | +€3,304 | +7.8% |
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 11 October 2026 via checked.be.