DeviSec: 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.
DeviSec
Largest movements
- Cash +€59,445
up €59,445 (+88.9%), from €66,878 to €126,323
mainly Net result for the year (+€63,038) and Accrued charges and deferred income (+€1,980)
- Profit (loss) carried forward +€63,038
up €63,038 (+97.3%), from €64,784 to €127,822
- Other debts -€3,859
down €3,859 (-100.0%), from €3,859 to €0
- Accrued charges and deferred income +€1,980
new in 2025: €1,980
- Tax, wage and social debts -€1,617
down €1,617 (-14.4%), from €11,255 to €9,638
- Gross operating margin -€4,475
down €4,475 (-5.3%), from €85,037 to €80,563
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 | €83,479 | €142,489 | +€59,011 | +70.7% |
| Fixed assets | 21/28 | €2,275 | €2,323 | +€48 | +2.1% |
| Tangible fixed assets | 22/27 | €2,275 | €2,323 | +€48 | +2.1% |
| Plant, machinery and equipment | 23 | €2,275 | €1,308 | -€967 | -42.5% |
| Furniture and vehicles | 24 | - | €1,015 | +€1,015 | |
| Current assets | 29/58 | €81,204 | €140,166 | +€58,963 | +72.6% |
| Amounts receivable within one year | 40/41 | €14,072 | €13,771 | -€302 | -2.1% |
| Trade receivables | 40 | €13,552 | €12,705 | -€847 | -6.3% |
| Other amounts receivable | 41 | €520 | €1,066 | +€545 | +104.8% |
| Cash at bank and in hand | 54/58 | €66,878 | €126,323 | +€59,445 | +88.9% |
| Deferred charges and accrued income | 490/1 | €253 | €73 | -€181 | -71.3% |
| Total equity and liabilities | 10/49 | €83,479 | €142,489 | +€59,011 | +70.7% |
| Equity | 10/15 | €67,284 | €130,322 | +€63,038 | +93.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,784 | €127,822 | +€63,038 | +97.3% |
| Amounts payable | 17/49 | €16,194 | €12,167 | -€4,027 | -24.9% |
| Amounts payable within one year | 42/48 | €16,194 | €10,187 | -€6,007 | -37.1% |
| Trade debts | 44 | €1,081 | €550 | -€531 | -49.1% |
| Suppliers | 440/4 | €1,081 | €550 | -€531 | -49.1% |
| Taxes, remuneration and social security | 45 | €11,255 | €9,638 | -€1,617 | -14.4% |
| Taxes | 450/3 | €11,255 | €9,638 | -€1,617 | -14.4% |
| Other amounts payable | 47/48 | €3,859 | €0 | -€3,859 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €1,980 | +€1,980 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €625 | €1,375 | +€750 | +119.9% |
| Other operating charges | 640/8 | €400 | €144 | -€256 | -64.0% |
| Gross operating margin | 9900 | €85,037 | €80,563 | -€4,475 | -5.3% |
| Operating profit (loss) | 9901 | €84,012 | €79,044 | -€4,968 | -5.9% |
| Financial charges | 65/66B | €69 | €72 | +€3 | +4.7% |
| Recurring financial charges | 65 | €69 | €72 | +€3 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €83,944 | €78,972 | -€4,972 | -5.9% |
| Income taxes | 67/77 | €16,570 | €15,934 | -€635 | -3.8% |
| Profit (loss) for the period | 9904 | €67,374 | €63,038 | -€4,336 | -6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €67,374 | €63,038 | -€4,336 | -6.4% |
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 11 October 2026 via checked.be.