DEVINCI: 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.
DEVINCI
Largest movements
- Receivables within one year +€383,796
up €383,796 (+214.2%), from €179,152 to €562,948
of which Trade receivables: +€261,697
- Tangible fixed assets +€28,999
up €28,999 (+246.6%), from €11,758 to €40,757
of which Furniture and vehicles: +€34,824
- Reserves +€234,900
up €234,900 (+213.7%), from €109,900 to €344,800
- Trade debts +€116,595
up €116,595 (+69.1%), from €168,647 to €285,242
- Tax, wage and social debts +€63,199
up €63,199 (+203.9%), from €30,988 to €94,187
of which Taxes: +€57,454
- Gross operating margin +€175,692
up €175,692 (+77.6%), from €226,329 to €402,021
- Taxes +€56,843
up €56,843 (+94.9%), from €59,910 to €116,753
- Staff costs +€21,640
new in 2025: €21,640
- Depreciation +€17,508
up €17,508 (+369.1%), from €4,743 to €22,251
- Financial charges -€7,342
down €7,342 (-75.6%), from €9,709 to €2,367
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 | €334,553 | €744,844 | +€410,291 | +122.6% |
| Fixed assets | 21/28 | €11,758 | €40,757 | +€28,999 | +246.6% |
| Tangible fixed assets | 22/27 | €11,758 | €40,757 | +€28,999 | +246.6% |
| Plant, machinery and equipment | 23 | €11,758 | €5,933 | -€5,825 | -49.5% |
| Furniture and vehicles | 24 | - | €34,824 | +€34,824 | |
| Current assets | 29/58 | €322,795 | €704,087 | +€381,292 | +118.1% |
| Amounts receivable within one year | 40/41 | €179,152 | €562,948 | +€383,796 | +214.2% |
| Trade receivables | 40 | €178,571 | €440,268 | +€261,697 | +146.6% |
| Other amounts receivable | 41 | €581 | €122,680 | +€122,098 | +21005.1% |
| Cash at bank and in hand | 54/58 | €142,866 | €137,937 | -€4,929 | -3.4% |
| Deferred charges and accrued income | 490/1 | €777 | €3,202 | +€2,426 | +312.3% |
| Total equity and liabilities | 10/49 | €334,553 | €744,844 | +€410,291 | +122.6% |
| Equity | 10/15 | €130,464 | €365,415 | +€234,950 | +180.1% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €109,900 | €344,800 | +€234,900 | +213.7% |
| Distributable reserves | 133 | €109,900 | €344,800 | +€234,900 | +213.7% |
| Profit (loss) carried forward | 14 | €104 | €155 | +€50 | +48.4% |
| Amounts payable | 17/49 | €204,089 | €379,429 | +€175,341 | +85.9% |
| Amounts payable within one year | 42/48 | €204,089 | €379,429 | +€175,341 | +85.9% |
| Trade debts | 44 | €168,647 | €285,242 | +€116,595 | +69.1% |
| Suppliers | 440/4 | €168,647 | €285,242 | +€116,595 | +69.1% |
| Taxes, remuneration and social security | 45 | €30,988 | €94,187 | +€63,199 | +203.9% |
| Taxes | 450/3 | €24,988 | €82,442 | +€57,454 | +229.9% |
| Remuneration and social security | 454/9 | €6,000 | €11,746 | +€5,746 | +95.8% |
| Other amounts payable | 47/48 | €4,454 | - | -€4,454 | |
| Non-recurring operating income | 76A | - | €4,846 | +€4,846 | |
| Remuneration, social security and pensions | 62 | - | €21,640 | +€21,640 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,743 | €22,251 | +€17,508 | +369.1% |
| Other operating charges | 640/8 | €64 | €4,115 | +€4,051 | +6349.9% |
| Non-recurring operating charges | 66A | €348 | - | -€348 | |
| Gross operating margin | 9900 | €226,329 | €402,021 | +€175,692 | +77.6% |
| Operating profit (loss) | 9901 | €221,175 | €354,015 | +€132,840 | +60.1% |
| Financial income | 75/76B | €0 | €56 | +€56 | +186233.3% |
| Recurring financial income | 75 | €0 | €56 | +€56 | +186233.3% |
| Financial charges | 65/66B | €9,709 | €2,367 | -€7,342 | -75.6% |
| Recurring financial charges | 65 | €9,709 | €2,367 | -€7,342 | -75.6% |
| Profit (loss) for the period before taxes | 9903 | €211,466 | €351,704 | +€140,238 | +66.3% |
| Income taxes | 67/77 | €59,910 | €116,753 | +€56,843 | +94.9% |
| Profit (loss) for the period | 9904 | €151,556 | €234,950 | +€83,394 | +55.0% |
| Profit (loss) for the period to be appropriated | 9905 | €151,556 | €234,950 | +€83,394 | +55.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.