DEVILISH: what changed
What changed
DEVILISH
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
-€158,766
2024 · -€37,224-€121,542
Equity
€1.6m
2024 · €1.7m-€158,766
Cash
€831
2024 · €896-€65
Balance sheet total
€2.9m
2024 · €2.5m+€335,718
Largest movements
Assets
- Receivables within one year +€341,829
up €341,829 (+63.0%), from €542,946 to €884,774
of which Other amounts receivable: +€341,625
- Financial fixed assets -€305,250
down €305,250 (-15.4%), from €2.0m to €1.7m
- Current investments +€300,000
new in 2025: €300,000
Equity and liabilities
- Debts after one year +€597,703
up €597,703 (+86.8%), from €688,684 to €1.3m
- Profit (loss) carried forward -€158,766
down €158,766 (-16.0%), from €994,292 to €835,526
- Short-term financial debts -€103,523
down €103,523 (-100%), from €103,523 to €0
Income statement
- Financial charges +€67,779
up €67,779 (+174%), from €38,981 to €106,760
- Gross operating margin -€3,479
down €3,479, from €2,842 to -€636
- Other operating charges +€673
up €673 (+62.0%), from €1,086 to €1,758
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€37,224
Gross operating margin
-€3,479
Other operating charges
-€673
Other operating items
-€49,611
Financial charges
-€67,779
Result 2025
-€158,766
lowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€499,495
Investment
+€5,250
Financing
+€494,180
Cash 2024
€896
From operations (derived)
-€499,495
Net result for the year
-€158,766
Receivables within one year
-€341,829
Smaller working-capital items
+€1,099
Investment (derived)
+€5,250
Investment in fixed assets (net)
+€305,250
Current investments
-€300,000
Financing
+€494,180
Debts after one year
+€597,703
Short-term financial debts
-€103,523
Cash 2025
€831
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,532,053 | €2,867,772 | +€335,718 | +13.3% |
| Fixed assets | 21/28 | €1,987,417 | €1,682,167 | -€305,250 | -15.4% |
| Financial fixed assets | 28 | €1,987,417 | €1,682,167 | -€305,250 | -15.4% |
| Current assets | 29/58 | €544,637 | €1,185,605 | +€640,968 | +118% |
| Amounts receivable within one year | 40/41 | €542,946 | €884,774 | +€341,829 | +63.0% |
| Trade receivables | 40 | €1,210 | €1,414 | +€204 | +16.8% |
| Other amounts receivable | 41 | €541,736 | €883,360 | +€341,625 | +63.1% |
| Current investments | 50/53 | - | €300,000 | +€300,000 | |
| Cash at bank and in hand | 54/58 | €896 | €831 | -€65 | -7.3% |
| Deferred charges and accrued income | 490/1 | €795 | €0 | -€795 | -100% |
| Total equity and liabilities | 10/49 | €2,532,053 | €2,867,772 | +€335,718 | +13.3% |
| Equity | 10/15 | €1,739,037 | €1,580,271 | -€158,766 | -9.1% |
| Contributions | 10/11 | €700,000 | €700,000 | = | 0.0% |
| Capital | 10 | €700,000 | €700,000 | = | 0.0% |
| Issued capital | 100 | €700,000 | €700,000 | = | 0.0% |
| Reserves | 13 | €44,745 | €44,745 | = | 0.0% |
| Non-distributable reserves | 130/1 | €44,745 | €44,745 | = | 0.0% |
| Legal reserve | 130 | €44,745 | €44,745 | = | 0.0% |
| Profit (loss) carried forward | 14 | €994,292 | €835,526 | -€158,766 | -16.0% |
| Amounts payable | 17/49 | €793,016 | €1,287,500 | +€494,484 | +62.4% |
| Amounts payable after more than one year | 17 | €688,684 | €1,286,386 | +€597,703 | +86.8% |
| Financial debts | 170/4 | €688,684 | €1,286,386 | +€597,703 | +86.8% |
| Amounts payable within one year | 42/48 | €103,677 | €1,114 | -€102,563 | -98.9% |
| Financial debts | 43 | €103,523 | €0 | -€103,523 | -100% |
| Credit institutions | 430/8 | €103,523 | €0 | -€103,523 | -100% |
| Trade debts | 44 | €154 | €1,114 | +€960 | +623% |
| Suppliers | 440/4 | €154 | €1,114 | +€960 | +623% |
| Taxes, remuneration and social security | 45 | - | €0 | = | |
| Taxes | 450/3 | - | €0 | = | |
| Accrued charges and deferred income | 492/3 | €656 | €0 | -€656 | -100% |
| Other operating charges | 640/8 | €1,086 | €1,758 | +€673 | +62.0% |
| Non-recurring operating charges | 66A | - | €49,611 | +€49,611 | |
| Gross operating margin | 9900 | €2,842 | -€636 | -€3,479 | |
| Operating profit (loss) | 9901 | €1,757 | -€52,006 | -€53,763 | |
| Financial charges | 65/66B | €38,981 | €106,760 | +€67,779 | +174% |
| Recurring financial charges | 65 | €38,981 | €106,760 | +€67,779 | +174% |
| Profit (loss) for the period before taxes | 9903 | -€37,224 | -€158,766 | -€121,542 | -327% |
| Profit (loss) for the period | 9904 | -€37,224 | -€158,766 | -€121,542 | -327% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,224 | -€158,766 | -€121,542 | -327% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.