DEVINORM: 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.
DEVINORM
Largest movements
- Receivables within one year +€6,447
up €6,447 (+50.9%), from €12,665 to €19,112
of which Other amounts receivable: +€7,205
- Cash +€3,554
up €3,554 (+206.7%), from €1,719 to €5,273
mainly Net result for the year (+€5,386) and Trade debts (+€3,177)
- Current investments -€3,000
down €3,000 (-10.2%), from €29,457 to €26,457
- Deferred charges and accrued income -€1,974
down €1,974 (-100.0%), from €1,974 to €0
- Profit (loss) carried forward +€5,386
up €5,386 (+27.6%), from €19,497 to €24,884
- Advances received -€4,000
down €4,000 (-100.0%), from €4,000 to €0
- Trade debts +€3,177
up €3,177 (+178.2%), from €1,783 to €4,960
- Gross operating margin +€12,948
up €12,948, from -€6,591 to €6,357
- Write-downs -€7,050
new in 2024: -€7,050
- Other operating charges +€6,758
up €6,758 (+517.3%), from €1,306 to €8,064
- Taxes -€405
down €405 (-100.0%), from €405 to €0
- Financial income +€395
up €395 (+229.8%), from €172 to €567
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 | €46,588 | €51,138 | +€4,549 | +9.8% |
| Fixed assets | 21/28 | €773 | €295 | -€478 | -61.8% |
| Tangible fixed assets | 22/27 | €773 | €295 | -€478 | -61.8% |
| Furniture and vehicles | 24 | €773 | €295 | -€478 | -61.8% |
| Current assets | 29/58 | €45,815 | €50,842 | +€5,027 | +11.0% |
| Amounts receivable within one year | 40/41 | €12,665 | €19,112 | +€6,447 | +50.9% |
| Trade receivables | 40 | €1,550 | €793 | -€758 | -48.9% |
| Other amounts receivable | 41 | €11,114 | €18,319 | +€7,205 | +64.8% |
| Current investments | 50/53 | €29,457 | €26,457 | -€3,000 | -10.2% |
| Cash at bank and in hand | 54/58 | €1,719 | €5,273 | +€3,554 | +206.7% |
| Deferred charges and accrued income | 490/1 | €1,974 | €0 | -€1,974 | -100.0% |
| Total equity and liabilities | 10/49 | €46,588 | €51,138 | +€4,549 | +9.8% |
| Equity | 10/15 | €39,957 | €45,344 | +€5,386 | +13.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,497 | €24,884 | +€5,386 | +27.6% |
| Amounts payable | 17/49 | €6,631 | €5,794 | -€837 | -12.6% |
| Amounts payable within one year | 42/48 | €6,631 | €5,794 | -€837 | -12.6% |
| Trade debts | 44 | €1,783 | €4,960 | +€3,177 | +178.2% |
| Suppliers | 440/4 | €1,783 | €4,960 | +€3,177 | +178.2% |
| Advances received on contracts in progress | 46 | €4,000 | €0 | -€4,000 | -100.0% |
| Taxes, remuneration and social security | 45 | €848 | €834 | -€14 | -1.7% |
| Taxes | 450/3 | €848 | €834 | -€14 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €478 | €478 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€7,050 | -€7,050 | |
| Other operating charges | 640/8 | €1,306 | €8,064 | +€6,758 | +517.3% |
| Gross operating margin | 9900 | -€6,591 | €6,357 | +€12,948 | |
| Operating profit (loss) | 9901 | -€8,376 | €4,864 | +€13,240 | |
| Financial income | 75/76B | €172 | €567 | +€395 | +229.8% |
| Recurring financial income | 75 | €172 | €567 | +€395 | +229.8% |
| Financial charges | 65/66B | €45 | €45 | +€0 | +0.1% |
| Recurring financial charges | 65 | €45 | €45 | +€0 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | -€8,249 | €5,386 | +€13,635 | |
| Income taxes | 67/77 | €405 | €0 | -€405 | -100.0% |
| Profit (loss) for the period | 9904 | -€8,654 | €5,386 | +€14,040 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,654 | €5,386 | +€14,040 |
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 29 September 2026 via checked.be.