DeVisKar: 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.
DeVisKar
Largest movements
- Financial fixed assets -€200,000
no longer reported in 2025 (was €200,000)
- Cash +€44,455
up €44,455 (+424.2%), from €10,480 to €54,934
mainly Net result for the year (+€176,979) and Investment in fixed assets (net) (+€175,789)
- Receivables after one year +€38,318
new in 2025: €38,318
- Tangible fixed assets +€13,873
up €13,873 (+270.8%), from €5,124 to €18,997
of which Furniture and vehicles: +€7,702
- Receivables within one year +€11,827
up €11,827 (+44.5%), from €26,582 to €38,409
of which Other amounts receivable: +€28,178
- Reserves -€56,360
down €56,360 (-48.7%), from €115,642 to €59,282
- Current portion of long-term debt -€25,608
down €25,608 (-47.6%), from €53,755 to €28,147
- Debts after one year -€20,951
down €20,951 (-45.4%), from €46,189 to €25,237
- Other debts +€17,113
up €17,113 (+276.7%), from €6,184 to €23,297
- Tax, wage and social debts -€4,045
down €4,045 (-27.4%), from €14,779 to €10,734
- Financial income +€184,207
up €184,207 (+2392301.7%), from €8 to €184,215
of which Non-recurring financial income: +€183,177
- Taxes +€38,289
up €38,289 (+243.8%), from €15,707 to €53,997
- Depreciation +€7,700
up €7,700 (+292.0%), from €2,637 to €10,337
- Financial charges -€1,573
down €1,573 (-48.9%), from €3,215 to €1,642
- Gross operating margin -€1,288
down €1,288 (-2.1%), from €62,628 to €61,340
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 | €244,179 | €152,530 | -€91,649 | -37.5% |
| Fixed assets | 21/28 | €205,124 | €18,997 | -€186,127 | -90.7% |
| Tangible fixed assets | 22/27 | €5,124 | €18,997 | +€13,873 | +270.8% |
| Plant, machinery and equipment | 23 | €1,204 | €1,077 | -€127 | -10.6% |
| Furniture and vehicles | 24 | €3,920 | €11,622 | +€7,702 | +196.5% |
| Other tangible fixed assets | 26 | - | €6,299 | +€6,299 | |
| Financial fixed assets | 28 | €200,000 | - | -€200,000 | |
| Current assets | 29/58 | €39,055 | €133,532 | +€94,477 | +241.9% |
| Amounts receivable after more than one year | 29 | - | €38,318 | +€38,318 | |
| Other amounts receivable | 291 | - | €38,318 | +€38,318 | |
| Amounts receivable within one year | 40/41 | €26,582 | €38,409 | +€11,827 | +44.5% |
| Trade receivables | 40 | €26,570 | €10,220 | -€16,350 | -61.5% |
| Other amounts receivable | 41 | €12 | €28,190 | +€28,178 | +238794.3% |
| Cash at bank and in hand | 54/58 | €10,480 | €54,934 | +€44,455 | +424.2% |
| Deferred charges and accrued income | 490/1 | €1,994 | €1,871 | -€123 | -6.2% |
| Total equity and liabilities | 10/49 | €244,179 | €152,530 | -€91,649 | -37.5% |
| Equity | 10/15 | €118,642 | €62,282 | -€56,360 | -47.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €115,642 | €59,282 | -€56,360 | -48.7% |
| Distributable reserves | 133 | €115,642 | €59,282 | -€56,360 | -48.7% |
| Amounts payable | 17/49 | €125,537 | €90,247 | -€35,290 | -28.1% |
| Amounts payable after more than one year | 17 | €46,189 | €25,237 | -€20,951 | -45.4% |
| Financial debts | 170/4 | €46,189 | €25,237 | -€20,951 | -45.4% |
| Amounts payable within one year | 42/48 | €76,264 | €63,135 | -€13,129 | -17.2% |
| Current portion of amounts payable after more than one year | 42 | €53,755 | €28,147 | -€25,608 | -47.6% |
| Financial debts | 43 | - | €403 | +€403 | |
| Credit institutions | 430/8 | - | €403 | +€403 | |
| Trade debts | 44 | €1,547 | €555 | -€992 | -64.1% |
| Suppliers | 440/4 | €1,547 | €555 | -€992 | -64.1% |
| Taxes, remuneration and social security | 45 | €14,779 | €10,734 | -€4,045 | -27.4% |
| Taxes | 450/3 | €14,779 | €10,734 | -€4,045 | -27.4% |
| Other amounts payable | 47/48 | €6,184 | €23,297 | +€17,113 | +276.7% |
| Accrued charges and deferred income | 492/3 | €3,084 | €1,876 | -€1,209 | -39.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,637 | €10,337 | +€7,700 | +292.0% |
| Other operating charges | 640/8 | €663 | €621 | -€42 | -6.3% |
| Non-recurring operating charges | 66A | €1,767 | €1,978 | +€211 | +12.0% |
| Gross operating margin | 9900 | €62,628 | €61,340 | -€1,288 | -2.1% |
| Operating profit (loss) | 9901 | €57,562 | €48,403 | -€9,159 | -15.9% |
| Financial income | 75/76B | €8 | €184,215 | +€184,207 | +2392301.7% |
| Recurring financial income | 75 | €8 | €1,038 | +€1,030 | +13379.6% |
| Non-recurring financial income | 76B | - | €183,177 | +€183,177 | |
| Financial charges | 65/66B | €3,215 | €1,642 | -€1,573 | -48.9% |
| Recurring financial charges | 65 | €3,215 | €1,642 | -€1,573 | -48.9% |
| Profit (loss) for the period before taxes | 9903 | €54,354 | €230,976 | +€176,622 | +324.9% |
| Income taxes | 67/77 | €15,707 | €53,997 | +€38,289 | +243.8% |
| Profit (loss) for the period | 9904 | €38,647 | €176,979 | +€138,332 | +357.9% |
| Profit (loss) for the period to be appropriated | 9905 | €38,647 | €176,979 | +€138,332 | +357.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.