DEVINNIETY: 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.
DEVINNIETY
Largest movements
- Receivables within one year -€86,860
down €86,860 (-79.1%), from €109,767 to €22,907
of which Trade receivables: -€66,141
- Cash +€5,248
up €5,248 (+65.9%), from €7,965 to €13,213
mainly Receivables within one year (+€86,860) and Other debts (+€7,933)
- Tangible fixed assets -€3,234
down €3,234 (-27.3%), from €11,868 to €8,633
- Profit (loss) carried forward -€35,258
new in 2025: -€35,258
- Reserves -€31,703
no longer reported in 2025 (was €31,703)
- Tax, wage and social debts -€20,748
down €20,748 (-84.5%), from €24,547 to €3,799
of which Taxes: -€20,049
- Other debts +€7,933
up €7,933 (+16.2%), from €49,078 to €57,011
- Trade debts -€5,204
down €5,204 (-74.6%), from €6,974 to €1,771
- Gross operating margin -€139,082
down €139,082, from €79,036 to -€60,046
- Taxes -€15,282
down €15,282 (-98.4%), from €15,533 to €251
- Financial charges +€1,651
up €1,651 (+206%), from €800 to €2,451
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.
Derived cash bridge
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 | €130,902 | €46,113 | -€84,789 | -64.8% |
| Fixed assets | 21/28 | €11,868 | €8,633 | -€3,234 | -27.3% |
| Tangible fixed assets | 22/27 | €11,868 | €8,633 | -€3,234 | -27.3% |
| Land and buildings | 22 | €11,868 | €8,633 | -€3,234 | -27.3% |
| Current assets | 29/58 | €119,035 | €37,480 | -€81,554 | -68.5% |
| Amounts receivable within one year | 40/41 | €109,767 | €22,907 | -€86,860 | -79.1% |
| Trade receivables | 40 | €85,300 | €19,158 | -€66,141 | -77.5% |
| Other amounts receivable | 41 | €24,467 | €3,749 | -€20,719 | -84.7% |
| Cash at bank and in hand | 54/58 | €7,965 | €13,213 | +€5,248 | +65.9% |
| Deferred charges and accrued income | 490/1 | €1,303 | €1,360 | +€57 | +4.4% |
| Total equity and liabilities | 10/49 | €130,902 | €46,113 | -€84,789 | -64.8% |
| Equity | 10/15 | €50,303 | -€16,658 | -€66,961 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,703 | - | -€31,703 | |
| Distributable reserves | 133 | €31,703 | - | -€31,703 | |
| Profit (loss) carried forward | 14 | - | -€35,258 | -€35,258 | |
| Amounts payable | 17/49 | €80,599 | €62,771 | -€17,828 | -22.1% |
| Amounts payable within one year | 42/48 | €80,599 | €62,581 | -€18,019 | -22.4% |
| Trade debts | 44 | €6,974 | €1,771 | -€5,204 | -74.6% |
| Suppliers | 440/4 | €6,974 | €1,771 | -€5,204 | -74.6% |
| Taxes, remuneration and social security | 45 | €24,547 | €3,799 | -€20,748 | -84.5% |
| Taxes | 450/3 | €21,675 | €1,626 | -€20,049 | -92.5% |
| Remuneration and social security | 454/9 | €2,872 | €2,173 | -€699 | -24.3% |
| Other amounts payable | 47/48 | €49,078 | €57,011 | +€7,933 | +16.2% |
| Accrued charges and deferred income | 492/3 | - | €191 | +€191 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,179 | €3,234 | +€55 | +1.7% |
| Other operating charges | 640/8 | €1,746 | €978 | -€768 | -44.0% |
| Gross operating margin | 9900 | €79,036 | -€60,046 | -€139,082 | |
| Operating profit (loss) | 9901 | €74,110 | -€64,259 | -€138,369 | |
| Financial charges | 65/66B | €800 | €2,451 | +€1,651 | +206% |
| Recurring financial charges | 65 | €800 | €2,451 | +€1,651 | +206% |
| Profit (loss) for the period before taxes | 9903 | €73,310 | -€66,710 | -€140,020 | |
| Income taxes | 67/77 | €15,533 | €251 | -€15,282 | -98.4% |
| Profit (loss) for the period | 9904 | €57,777 | -€66,961 | -€124,738 | |
| Profit (loss) for the period to be appropriated | 9905 | €57,777 | -€66,961 | -€124,738 |
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 20 October 2026 via checked.be.