DEVILO: what changed
Two fiscal 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.
DEVILO
Largest movements
- Receivables within one year +€26,707
up €26,707 (+69.7%), from €38,335 to €65,042
of which Other amounts receivable: +€22,194
- Tangible fixed assets -€23,564
down €23,564 (-30.9%), from €76,137 to €52,573
of which Furniture and vehicles: -€17,289
- Cash -€2,683
down €2,683 (-18.0%), from €14,931 to €12,248
mainly Receivables within one year (-€26,707) and Tax, wage and social debts (-€17,719)
- Stocks and contracts +€2,502
up €2,502 (+96.0%), from €2,606 to €5,108
- Trade debts +€23,901
up €23,901 (+641.8%), from €3,724 to €27,625
- Tax, wage and social debts -€17,719
down €17,719 (-59.9%), from €29,581 to €11,862
- Debts after one year -€10,236
down €10,236 (-33.4%), from €30,615 to €20,379
- Reserves +€5,163
up €5,163 (+8.6%), from €59,851 to €65,014
of which Distributable reserves: +€5,163
- Gross operating margin -€12,608
down €12,608 (-23.9%), from €52,747 to €40,139
- Taxes -€6,501
down €6,501 (-74.0%), from €8,791 to €2,290
- Staff costs +€5,866
up €5,866 (+199.7%), from €2,938 to €8,804
- Depreciation +€1,708
up €1,708 (+7.5%), from €22,892 to €24,600
- Financial income +€1,267
up €1,267 (+85.7%), from €1,479 to €2,746
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €134,745 | €136,117 | +€1,372 | +1.0% |
| Formation expenses | 20 | €668 | €446 | -€222 | -33.2% |
| Fixed assets | 21/28 | €76,937 | €53,273 | -€23,664 | -30.8% |
| Intangible fixed assets | 21 | €800 | €700 | -€100 | -12.5% |
| Tangible fixed assets | 22/27 | €76,137 | €52,573 | -€23,564 | -30.9% |
| Plant, machinery and equipment | 23 | €22,490 | €16,215 | -€6,275 | -27.9% |
| Furniture and vehicles | 24 | €53,647 | €36,358 | -€17,289 | -32.2% |
| Current assets | 29/58 | €57,140 | €82,398 | +€25,258 | +44.2% |
| Stocks and contracts in progress | 3 | €2,606 | €5,108 | +€2,502 | +96.0% |
| Stocks | 30/36 | €2,606 | €5,108 | +€2,502 | +96.0% |
| Amounts receivable within one year | 40/41 | €38,335 | €65,042 | +€26,707 | +69.7% |
| Trade receivables | 40 | €2,210 | €6,723 | +€4,513 | +204.2% |
| Other amounts receivable | 41 | €36,125 | €58,319 | +€22,194 | +61.4% |
| Cash at bank and in hand | 54/58 | €14,931 | €12,248 | -€2,683 | -18.0% |
| Deferred charges and accrued income | 490/1 | €1,268 | - | -€1,268 | |
| Total equity and liabilities | 10/49 | €134,745 | €136,117 | +€1,372 | +1.0% |
| Equity | 10/15 | €60,851 | €66,014 | +€5,163 | +8.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €59,851 | €65,014 | +€5,163 | +8.6% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Distributable reserves | 133 | €59,751 | €64,914 | +€5,163 | +8.6% |
| Amounts payable | 17/49 | €73,894 | €70,103 | -€3,791 | -5.1% |
| Amounts payable after more than one year | 17 | €30,615 | €20,379 | -€10,236 | -33.4% |
| Financial debts | 170/4 | €30,615 | €20,379 | -€10,236 | -33.4% |
| Amounts payable within one year | 42/48 | €43,279 | €49,724 | +€6,445 | +14.9% |
| Current portion of amounts payable after more than one year | 42 | €9,974 | €10,237 | +€263 | +2.6% |
| Trade debts | 44 | €3,724 | €27,625 | +€23,901 | +641.8% |
| Suppliers | 440/4 | €3,724 | €27,625 | +€23,901 | +641.8% |
| Taxes, remuneration and social security | 45 | €29,581 | €11,862 | -€17,719 | -59.9% |
| Taxes | 450/3 | €29,581 | €11,862 | -€17,719 | -59.9% |
| Remuneration, social security and pensions | 62 | €2,938 | €8,804 | +€5,866 | +199.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,892 | €24,600 | +€1,708 | +7.5% |
| Other operating charges | 640/8 | €649 | €749 | +€100 | +15.4% |
| Gross operating margin | 9900 | €52,747 | €40,139 | -€12,608 | -23.9% |
| Operating profit (loss) | 9901 | €26,268 | €5,986 | -€20,282 | -77.2% |
| Financial income | 75/76B | €1,479 | €2,746 | +€1,267 | +85.7% |
| Recurring financial income | 75 | €1,479 | €2,746 | +€1,267 | +85.7% |
| Financial charges | 65/66B | €1,261 | €1,279 | +€18 | +1.4% |
| Recurring financial charges | 65 | €1,261 | €1,279 | +€18 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | €26,486 | €7,453 | -€19,033 | -71.9% |
| Income taxes | 67/77 | €8,791 | €2,290 | -€6,501 | -74.0% |
| Profit (loss) for the period | 9904 | €17,695 | €5,163 | -€12,532 | -70.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,695 | €5,163 | -€12,532 | -70.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.