DEVIL’S EXPRESS: 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.
DEVIL’S EXPRESS
Largest movements
- Cash +€24,311
up €24,311 (+586.0%), from €4,149 to €28,460
mainly Trade debts (+€9,923) and Tax, wage and social debts (+€7,936)
- Receivables within one year -€7,069
down €7,069 (-68.4%), from €10,332 to €3,263
of which Other amounts receivable: -€3,867
- Tangible fixed assets -€5,375
down €5,375 (-26.7%), from €20,156 to €14,781
- Trade debts +€9,923
new in 2025: €9,923
- Tax, wage and social debts +€7,936
up €7,936 (+236.5%), from €3,355 to €11,291
of which Remuneration and social security: +€9,154
- Other debts -€5,645
down €5,645 (-20.7%), from €27,266 to €21,621
- Profit (loss) carried forward -€519
down €519 (-9.0%), from -€5,769 to -€6,288
- Turnover -€38,929
no longer reported in 2025 (was €38,929)
- Purchases and services -€34,884
no longer reported in 2025 (was €34,884)
- Gross operating margin +€9,486
up €9,486 (+147.5%), from €6,431 to €15,917
- Depreciation +€4,031
up €4,031 (+300.0%), from €1,344 to €5,375
- Staff costs +€3,116
up €3,116 (+59.6%), from €5,226 to €8,341
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 | €34,851 | €46,546 | +€11,695 | +33.6% |
| Fixed assets | 21/28 | €20,156 | €14,781 | -€5,375 | -26.7% |
| Tangible fixed assets | 22/27 | €20,156 | €14,781 | -€5,375 | -26.7% |
| Furniture and vehicles | 24 | €20,156 | €14,781 | -€5,375 | -26.7% |
| Current assets | 29/58 | €14,695 | €31,765 | +€17,070 | +116.2% |
| Amounts receivable within one year | 40/41 | €10,332 | €3,263 | -€7,069 | -68.4% |
| Trade receivables | 40 | €6,465 | €3,263 | -€3,202 | -49.5% |
| Other amounts receivable | 41 | €3,867 | €0 | -€3,867 | -100.0% |
| Cash at bank and in hand | 54/58 | €4,149 | €28,460 | +€24,311 | +586.0% |
| Deferred charges and accrued income | 490/1 | €214 | €42 | -€173 | -80.6% |
| Total equity and liabilities | 10/49 | €34,851 | €46,546 | +€11,695 | +33.6% |
| Equity | 10/15 | €4,231 | €3,712 | -€519 | -12.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,769 | -€6,288 | -€519 | -9.0% |
| Amounts payable | 17/49 | €30,620 | €42,834 | +€12,214 | +39.9% |
| Amounts payable within one year | 42/48 | €30,620 | €42,834 | +€12,214 | +39.9% |
| Trade debts | 44 | - | €9,923 | +€9,923 | |
| Suppliers | 440/4 | - | €9,923 | +€9,923 | |
| Taxes, remuneration and social security | 45 | €3,355 | €11,291 | +€7,936 | +236.5% |
| Taxes | 450/3 | €3,355 | €2,136 | -€1,219 | -36.3% |
| Remuneration and social security | 454/9 | - | €9,154 | +€9,154 | |
| Other amounts payable | 47/48 | €27,266 | €21,621 | -€5,645 | -20.7% |
| Turnover | 70 | €38,929 | - | -€38,929 | |
| Non-recurring operating income | 76A | €2,386 | - | -€2,386 | |
| Goods, raw materials, services and sundry goods | 60/61 | €34,884 | - | -€34,884 | |
| Remuneration, social security and pensions | 62 | €5,226 | €8,341 | +€3,116 | +59.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,344 | €5,375 | +€4,031 | +300.0% |
| Other operating charges | 640/8 | €1,032 | €2,331 | +€1,298 | +125.8% |
| Gross operating margin | 9900 | €6,431 | €15,917 | +€9,486 | +147.5% |
| Operating profit (loss) | 9901 | -€1,171 | -€130 | +€1,041 | +88.9% |
| Financial income | 75/76B | €31 | - | -€31 | |
| Recurring financial income | 75 | €31 | - | -€31 | |
| Non-recurring financial income | 76B | €31 | - | -€31 | |
| Financial charges | 65/66B | €1,518 | €174 | -€1,344 | -88.5% |
| Recurring financial charges | 65 | €199 | €174 | -€25 | -12.5% |
| Non-recurring financial charges | 66B | €1,319 | - | -€1,319 | |
| Profit (loss) for the period before taxes | 9903 | -€2,658 | -€304 | +€2,354 | +88.6% |
| Income taxes | 67/77 | €51 | €215 | +€164 | +321.0% |
| Profit (loss) for the period | 9904 | -€2,709 | -€519 | +€2,190 | +80.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,709 | -€519 | +€2,190 | +80.8% |
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 10 October 2026 via checked.be.