DEVION: 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.
DEVION
Largest movements
- Stocks and contracts +€588,771
up €588,771 (+103.3%), from €570,184 to €1.2m
of which Contracts in progress: +€588,771
- Receivables within one year +€158,518
up €158,518 (+19.9%), from €795,787 to €954,305
of which Trade receivables: +€171,059
- Deferred charges and accrued income +€41,662
up €41,662 (+85.3%), from €48,846 to €90,508
- Cash +€35,621
up €35,621 (+68.0%), from €52,357 to €87,978
mainly Trade debts (+€446,039) and Short-term financial debts (+€342,423)
- Tangible fixed assets -€32,207
down €32,207 (-17.9%), from €179,838 to €147,630
- Trade debts +€446,039
up €446,039 (+139.3%), from €320,119 to €766,158
- Short-term financial debts +€342,423
up €342,423 (+185.8%), from €184,276 to €526,699
- Accrued charges and deferred income -€220,542
down €220,542 (-60.3%), from €365,982 to €145,440
- Profit (loss) carried forward +€102,713
up €102,713 (+27.4%), from €374,522 to €477,235
- Tax, wage and social debts +€98,918
up €98,918 (+50.4%), from €196,086 to €295,004
of which Taxes: +€59,822
- Gross operating margin +€246,454
up €246,454 (+22.9%), from €1.1m to €1.3m
- Staff costs +€238,298
up €238,298 (+30.7%), from €776,554 to €1.0m
- Financial charges +€32,863
up €32,863 (+183.3%), from €17,927 to €50,790
- Write-downs -€20,000
new in 2024: -€20,000
- Provisions +€18,494
up €18,494, from -€18,494 to €0
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 | €1,654,998 | €2,454,848 | +€799,850 | +48.3% |
| Fixed assets | 21/28 | €187,824 | €163,101 | -€24,722 | -13.2% |
| Intangible fixed assets | 21 | €3,927 | €11,412 | +€7,485 | +190.6% |
| Tangible fixed assets | 22/27 | €179,838 | €147,630 | -€32,207 | -17.9% |
| Plant, machinery and equipment | 23 | €51,042 | €40,577 | -€10,465 | -20.5% |
| Furniture and vehicles | 24 | €106,629 | €93,774 | -€12,855 | -12.1% |
| Leasing and similar rights | 25 | €5,020 | €0 | -€5,020 | -100.0% |
| Other tangible fixed assets | 26 | €17,146 | €13,279 | -€3,867 | -22.6% |
| Financial fixed assets | 28 | €4,059 | €4,059 | = | 0.0% |
| Current assets | 29/58 | €1,467,174 | €2,291,746 | +€824,573 | +56.2% |
| Stocks and contracts in progress | 3 | €570,184 | €1,158,955 | +€588,771 | +103.3% |
| Stocks | 30/36 | €50,000 | €50,000 | = | 0.0% |
| Contracts in progress | 37 | €520,184 | €1,108,955 | +€588,771 | +113.2% |
| Amounts receivable within one year | 40/41 | €795,787 | €954,305 | +€158,518 | +19.9% |
| Trade receivables | 40 | €778,447 | €949,505 | +€171,059 | +22.0% |
| Other amounts receivable | 41 | €17,340 | €4,800 | -€12,540 | -72.3% |
| Cash at bank and in hand | 54/58 | €52,357 | €87,978 | +€35,621 | +68.0% |
| Deferred charges and accrued income | 490/1 | €48,846 | €90,508 | +€41,662 | +85.3% |
| Total equity and liabilities | 10/49 | €1,654,998 | €2,454,848 | +€799,850 | +48.3% |
| Equity | 10/15 | €399,649 | €502,362 | +€102,713 | +25.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,527 | €6,527 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €4,667 | €4,667 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €374,522 | €477,235 | +€102,713 | +27.4% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Environmental obligations | 163 | €0 | - | = | |
| Amounts payable | 17/49 | €1,255,349 | €1,952,486 | +€697,137 | +55.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €889,367 | €1,807,046 | +€917,679 | +103.2% |
| Current portion of amounts payable after more than one year | 42 | €9,039 | €0 | -€9,039 | -100.0% |
| Financial debts | 43 | €184,276 | €526,699 | +€342,423 | +185.8% |
| Credit institutions | 430/8 | €184,276 | €526,699 | +€342,423 | +185.8% |
| Trade debts | 44 | €320,119 | €766,158 | +€446,039 | +139.3% |
| Suppliers | 440/4 | €320,119 | €766,158 | +€446,039 | +139.3% |
| Taxes, remuneration and social security | 45 | €196,086 | €295,004 | +€98,918 | +50.4% |
| Taxes | 450/3 | €44,999 | €104,821 | +€59,822 | +132.9% |
| Remuneration and social security | 454/9 | €151,087 | €190,182 | +€39,096 | +25.9% |
| Other amounts payable | 47/48 | €179,846 | €219,185 | +€39,339 | +21.9% |
| Accrued charges and deferred income | 492/3 | €365,982 | €145,440 | -€220,542 | -60.3% |
| Non-recurring operating income | 76A | - | €3,848 | +€3,848 | |
| Remuneration, social security and pensions | 62 | €776,554 | €1,014,852 | +€238,298 | +30.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,137 | €62,545 | +€407 | +0.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€20,000 | -€20,000 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€18,494 | €0 | +€18,494 | |
| Other operating charges | 640/8 | €22,663 | €17,963 | -€4,699 | -20.7% |
| Gross operating margin | 9900 | €1,078,117 | €1,324,570 | +€246,454 | +22.9% |
| Operating profit (loss) | 9901 | €235,258 | €249,210 | +€13,953 | +5.9% |
| Financial income | 75/76B | €1,005 | €16,205 | +€15,200 | +1512.7% |
| Recurring financial income | 75 | €1,005 | €16,205 | +€15,200 | +1512.7% |
| Financial charges | 65/66B | €17,927 | €50,790 | +€32,863 | +183.3% |
| Recurring financial charges | 65 | €17,927 | €50,790 | +€32,863 | +183.3% |
| Profit (loss) for the period before taxes | 9903 | €218,336 | €214,625 | -€3,710 | -1.7% |
| Income taxes | 67/77 | €61,352 | €72,722 | +€11,370 | +18.5% |
| Profit (loss) for the period | 9904 | €156,983 | €141,903 | -€15,081 | -9.6% |
| Profit (loss) for the period to be appropriated | 9905 | €156,983 | €141,903 | -€15,081 | -9.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.