DEVISCH FOODSERVICE: 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.
DEVISCH FOODSERVICE
Largest movements
- Receivables within one year +€206,385
up €206,385 (+12.5%), from €1.7m to €1.9m
of which Other amounts receivable: +€421,458
- Cash -€78,401
down €78,401 (-34.6%), from €226,628 to €148,227
mainly Receivables within one year (-€206,385) and Investment in fixed assets (net) (-€72,659)
- Tangible fixed assets +€31,871
up €31,871 (+21.3%), from €149,385 to €181,256
of which Leasing and similar rights: +€40,148
- Stocks and contracts +€30,335
up €30,335 (+6.7%), from €450,764 to €481,099
- Reserves +€149,968
up €149,968 (+19.5%), from €770,959 to €920,928
of which Tax-exempt reserves: +€105,250
- Trade debts -€29,053
down €29,053 (-5.8%), from €501,240 to €472,187
- Staff costs +€100,234
up €100,234 (+31.9%), from €314,316 to €414,551
- Write-downs +€70,910
up €70,910 (+157%), from €45,296 to €116,206
- Taxes -€45,658
down €45,658 (-46.0%), from €99,327 to €53,669
- Gross operating margin -€33,152
down €33,152 (-3.7%), from €901,511 to €868,359
- Financial charges -€26,693
down €26,693 (-39.6%), from €67,431 to €40,738
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 | €2,499,611 | €2,704,193 | +€204,582 | +8.2% |
| Fixed assets | 21/28 | €156,120 | €187,991 | +€31,871 | +20.4% |
| Tangible fixed assets | 22/27 | €149,385 | €181,256 | +€31,871 | +21.3% |
| Land and buildings | 22 | €2,650 | €9,207 | +€6,557 | +247% |
| Plant, machinery and equipment | 23 | €33,042 | €34,618 | +€1,576 | +4.8% |
| Furniture and vehicles | 24 | €20,853 | €17,222 | -€3,632 | -17.4% |
| Leasing and similar rights | 25 | €20,418 | €60,566 | +€40,148 | +197% |
| Other tangible fixed assets | 26 | €72,422 | €59,644 | -€12,778 | -17.6% |
| Financial fixed assets | 28 | €6,735 | €6,735 | = | 0.0% |
| Current assets | 29/58 | €2,343,491 | €2,516,201 | +€172,711 | +7.4% |
| Stocks and contracts in progress | 3 | €450,764 | €481,099 | +€30,335 | +6.7% |
| Stocks | 30/36 | €450,764 | €481,099 | +€30,335 | +6.7% |
| Amounts receivable within one year | 40/41 | €1,654,104 | €1,860,489 | +€206,385 | +12.5% |
| Trade receivables | 40 | €1,570,705 | €1,355,632 | -€215,072 | -13.7% |
| Other amounts receivable | 41 | €83,399 | €504,857 | +€421,458 | +505% |
| Cash at bank and in hand | 54/58 | €226,628 | €148,227 | -€78,401 | -34.6% |
| Deferred charges and accrued income | 490/1 | €11,995 | €26,387 | +€14,391 | +120% |
| Total equity and liabilities | 10/49 | €2,499,611 | €2,704,193 | +€204,582 | +8.2% |
| Equity | 10/15 | €1,137,159 | €1,287,128 | +€149,968 | +13.2% |
| Contributions | 10/11 | €366,200 | €366,200 | = | 0.0% |
| Reserves | 13 | €770,959 | €920,928 | +€149,968 | +19.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | - | €105,250 | +€105,250 | |
| Distributable reserves | 133 | €770,959 | €815,678 | +€44,718 | +5.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,362,451 | €1,417,065 | +€54,614 | +4.0% |
| Amounts payable after more than one year | 17 | €320,959 | €332,796 | +€11,837 | +3.7% |
| Financial debts | 170/4 | €320,959 | €332,796 | +€11,837 | +3.7% |
| Amounts payable within one year | 42/48 | €1,041,492 | €1,061,712 | +€20,220 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €39,633 | €60,296 | +€20,663 | +52.1% |
| Financial debts | 43 | €369,064 | €366,044 | -€3,020 | -0.8% |
| Credit institutions | 430/8 | €300,000 | €300,000 | = | 0.0% |
| Other loans | 439 | €69,064 | €66,044 | -€3,020 | -4.4% |
| Trade debts | 44 | €501,240 | €472,187 | -€29,053 | -5.8% |
| Suppliers | 440/4 | €501,240 | €472,187 | -€29,053 | -5.8% |
| Taxes, remuneration and social security | 45 | €57,676 | €80,942 | +€23,266 | +40.3% |
| Taxes | 450/3 | €16,517 | €11,071 | -€5,447 | -33.0% |
| Remuneration and social security | 454/9 | €41,158 | €69,871 | +€28,712 | +69.8% |
| Other amounts payable | 47/48 | €73,880 | €82,244 | +€8,364 | +11.3% |
| Accrued charges and deferred income | 492/3 | - | €22,556 | +€22,556 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €314,316 | €414,551 | +€100,234 | +31.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,642 | €40,787 | +€5,145 | +14.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €45,296 | €116,206 | +€70,910 | +157% |
| Other operating charges | 640/8 | €19,070 | €25,169 | +€6,099 | +32.0% |
| Non-recurring operating charges | 66A | - | €43,587 | +€43,587 | |
| Gross operating margin | 9900 | €901,511 | €868,359 | -€33,152 | -3.7% |
| Operating profit (loss) | 9901 | €487,188 | €228,060 | -€259,128 | -53.2% |
| Financial income | 75/76B | €12,858 | €16,316 | +€3,458 | +26.9% |
| Recurring financial income | 75 | €12,858 | €16,316 | +€3,458 | +26.9% |
| Financial charges | 65/66B | €67,431 | €40,738 | -€26,693 | -39.6% |
| Recurring financial charges | 65 | €67,431 | €40,738 | -€26,693 | -39.6% |
| Profit (loss) for the period before taxes | 9903 | €432,615 | €203,638 | -€228,977 | -52.9% |
| Income taxes | 67/77 | €99,327 | €53,669 | -€45,658 | -46.0% |
| Profit (loss) for the period | 9904 | €333,287 | €149,968 | -€183,319 | -55.0% |
| Transfer to tax-exempt reserves | 689 | - | €105,250 | +€105,250 | |
| Profit (loss) for the period to be appropriated | 9905 | €333,287 | €44,718 | -€288,569 | -86.6% |
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 24 October 2026 via checked.be.