DEVISÉ C&K: 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.
DEVISÉ C&K
Largest movements
- Receivables within one year -€366,721
down €366,721 (-52.4%), from €699,852 to €333,131
of which Trade receivables: -€400,260
- Stocks and contracts +€152,425
up €152,425 (+11.0%), from €1.4m to €1.5m
- Tangible fixed assets -€48,459
down €48,459 (-31.8%), from €152,310 to €103,851
- Short-term financial debts -€150,000
down €150,000 (-27.3%), from €550,000 to €400,000
- Reserves -€145,090
down €145,090 (-82.5%), from €175,799 to €30,709
- Trade debts -€100,389
down €100,389 (-10.6%), from €945,617 to €845,228
- Other debts +€88,898
up €88,898 (+145.9%), from €60,918 to €149,816
- Tax, wage and social debts +€81,561
up €81,561 (+77.9%), from €104,645 to €186,206
of which Taxes: +€81,638
- Gross operating margin -€121,041
down €121,041 (-22.0%), from €549,027 to €427,986
- Staff costs +€32,643
up €32,643 (+7.7%), from €423,167 to €455,810
- Other operating charges -€24,087
down €24,087 (-66.4%), from €36,256 to €12,169
- Financial charges +€19,520
up €19,520 (+32.8%), from €59,465 to €78,985
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 | €2,276,024 | €1,996,350 | -€279,674 | -12.3% |
| Fixed assets | 21/28 | €152,310 | €103,851 | -€48,459 | -31.8% |
| Tangible fixed assets | 22/27 | €152,310 | €103,851 | -€48,459 | -31.8% |
| Plant, machinery and equipment | 23 | €60,545 | €43,921 | -€16,624 | -27.5% |
| Furniture and vehicles | 24 | €70,839 | €51,284 | -€19,555 | -27.6% |
| Leasing and similar rights | 25 | €20,926 | €8,646 | -€12,280 | -58.7% |
| Current assets | 29/58 | €2,123,714 | €1,892,499 | -€231,215 | -10.9% |
| Stocks and contracts in progress | 3 | €1,383,916 | €1,536,341 | +€152,425 | +11.0% |
| Stocks | 30/36 | €1,383,916 | €1,536,341 | +€152,425 | +11.0% |
| Amounts receivable within one year | 40/41 | €699,852 | €333,131 | -€366,721 | -52.4% |
| Trade receivables | 40 | €642,438 | €242,178 | -€400,260 | -62.3% |
| Other amounts receivable | 41 | €57,414 | €90,953 | +€33,539 | +58.4% |
| Cash at bank and in hand | 54/58 | €28,320 | €15,698 | -€12,622 | -44.6% |
| Deferred charges and accrued income | 490/1 | €11,626 | €7,329 | -€4,297 | -37.0% |
| Total equity and liabilities | 10/49 | €2,276,024 | €1,996,350 | -€279,674 | -12.3% |
| Equity | 10/15 | €325,799 | €180,709 | -€145,090 | -44.5% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €175,799 | €30,709 | -€145,090 | -82.5% |
| Distributable reserves | 133 | €175,799 | €30,709 | -€145,090 | -82.5% |
| Amounts payable | 17/49 | €1,950,225 | €1,815,641 | -€134,584 | -6.9% |
| Amounts payable after more than one year | 17 | €100,741 | €36,770 | -€63,971 | -63.5% |
| Financial debts | 170/4 | €100,741 | €36,770 | -€63,971 | -63.5% |
| Amounts payable within one year | 42/48 | €1,840,684 | €1,778,871 | -€61,813 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €179,504 | €197,621 | +€18,117 | +10.1% |
| Financial debts | 43 | €550,000 | €400,000 | -€150,000 | -27.3% |
| Credit institutions | 430/8 | €550,000 | €400,000 | -€150,000 | -27.3% |
| Trade debts | 44 | €945,617 | €845,228 | -€100,389 | -10.6% |
| Suppliers | 440/4 | €945,617 | €845,228 | -€100,389 | -10.6% |
| Taxes, remuneration and social security | 45 | €104,645 | €186,206 | +€81,561 | +77.9% |
| Taxes | 450/3 | €70,904 | €152,542 | +€81,638 | +115.1% |
| Remuneration and social security | 454/9 | €33,741 | €33,664 | -€77 | -0.2% |
| Other amounts payable | 47/48 | €60,918 | €149,816 | +€88,898 | +145.9% |
| Accrued charges and deferred income | 492/3 | €8,800 | - | -€8,800 | |
| Remuneration, social security and pensions | 62 | €423,167 | €455,810 | +€32,643 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,184 | €49,882 | +€698 | +1.4% |
| Other operating charges | 640/8 | €36,256 | €12,169 | -€24,087 | -66.4% |
| Gross operating margin | 9900 | €549,027 | €427,986 | -€121,041 | -22.0% |
| Operating profit (loss) | 9901 | €40,420 | -€89,875 | -€130,295 | |
| Financial income | 75/76B | €27,755 | €23,659 | -€4,096 | -14.8% |
| Recurring financial income | 75 | €27,755 | €23,659 | -€4,096 | -14.8% |
| Financial charges | 65/66B | €59,465 | €78,985 | +€19,520 | +32.8% |
| Recurring financial charges | 65 | €59,465 | €78,985 | +€19,520 | +32.8% |
| Profit (loss) for the period before taxes | 9903 | €8,710 | -€145,201 | -€153,911 | |
| Income taxes | 67/77 | €801 | -€111 | -€912 | |
| Profit (loss) for the period | 9904 | €7,909 | -€145,090 | -€152,999 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,909 | -€145,090 | -€152,999 |
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 6 October 2026 via checked.be.