Devlon Consulting: 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.
What changed
Devlon Consulting
NACE 46.180, Agents specialised in the wholesale of other particular products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2,824
2024 · -€69,389+€72,213
Equity
€2.1m
2024 · €2.0m+€11,574
Cash
€26,265
2024 · €22,352+€3,913
Balance sheet total
€4.9m
2024 · €5.1m-€184,698
Largest movements
Assets
- Tangible fixed assets -€231,478
down €231,478 (-4.6%), from €5.0m to €4.8m
of which Land and buildings: -€152,795
Equity and liabilities
- Debts after one year -€198,011
down €198,011 (-32.2%), from €615,477 to €417,466
- Profit (loss) carried forward +€72,092
up €72,092 (+21.9%), from €328,523 to €400,615
- Reserves -€60,518
down €60,518 (-5.0%), from €1.2m to €1.2m
of which Tax-exempt reserves: -€60,518
Income statement
- Gross operating margin +€118,830
up €118,830 (+50.1%), from €237,229 to €356,059
- Financial charges -€18,129
down €18,129 (-40.6%), from €44,708 to €26,579
- Financial income -€14,002
down €14,002 (-66.9%), from €20,918 to €6,916
- Depreciation +€12,494
up €12,494 (+4.3%), from €288,278 to €300,772
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.
Result 2024
-€69,389
Gross operating margin
+€118,830
Depreciation
-€12,494
Other operating charges
-€1,441
Financial income
-€14,002
Financial charges
+€18,129
Taxes
-€60
Deferred taxes and other
-€36,750
Result 2025
€2,824
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.
From operations
+€262,053
Investment
-€69,294
Financing
-€188,846
Cash 2024
€22,352
From operations (derived)
+€262,053
Net result for the year
+€2,824
Depreciation
+€300,772
Receivables within one year
-€47,556
Deferred charges and accrued income
+€4,689
Provisions
-€20,173
Trade debts
+€10,098
Tax, wage and social debts
+€1,499
Other debts
+€9,899
Investment (derived)
-€69,294
Investment in fixed assets (net)
-€69,294
Financing
-€188,846
Debts after one year
-€198,011
Current portion of long-term debt
+€415
Contributions, distributions and other
+€8,750
Cash 2025
€26,265
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,060,103 | €4,875,405 | -€184,698 | -3.7% |
| Fixed assets | 21/28 | €5,028,446 | €4,796,968 | -€231,478 | -4.6% |
| Tangible fixed assets | 22/27 | €5,028,446 | €4,796,968 | -€231,478 | -4.6% |
| Land and buildings | 22 | €4,720,292 | €4,567,498 | -€152,795 | -3.2% |
| Plant, machinery and equipment | 23 | €5,311 | €7,547 | +€2,236 | +42.1% |
| Furniture and vehicles | 24 | €302,843 | €221,923 | -€80,920 | -26.7% |
| Current assets | 29/58 | €31,657 | €78,437 | +€46,780 | +147.8% |
| Amounts receivable within one year | 40/41 | €3,127 | €50,683 | +€47,556 | +1520.9% |
| Trade receivables | 40 | - | €48,449 | +€48,449 | |
| Other amounts receivable | 41 | €3,127 | €2,234 | -€893 | -28.6% |
| Cash at bank and in hand | 54/58 | €22,352 | €26,265 | +€3,913 | +17.5% |
| Deferred charges and accrued income | 490/1 | €6,178 | €1,489 | -€4,689 | -75.9% |
| Total equity and liabilities | 10/49 | €5,060,103 | €4,875,405 | -€184,698 | -3.7% |
| Equity | 10/15 | €2,043,203 | €2,054,778 | +€11,574 | +0.6% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €1,214,680 | €1,154,162 | -€60,518 | -5.0% |
| Non-distributable reserves | 130/1 | €100,000 | €100,000 | = | 0.0% |
| Legal reserve | 130 | €100,000 | €100,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €339,680 | €279,162 | -€60,518 | -17.8% |
| Distributable reserves | 133 | €775,000 | €775,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €328,523 | €400,615 | +€72,092 | +21.9% |
| Provisions and deferred taxes | 16 | €174,909 | €154,736 | -€20,173 | -11.5% |
| Deferred taxes | 168 | €174,909 | €154,736 | -€20,173 | -11.5% |
| Amounts payable | 17/49 | €2,841,991 | €2,665,892 | -€176,099 | -6.2% |
| Amounts payable after more than one year | 17 | €615,477 | €417,466 | -€198,011 | -32.2% |
| Financial debts | 170/4 | €615,477 | €417,466 | -€198,011 | -32.2% |
| Amounts payable within one year | 42/48 | €2,226,514 | €2,248,426 | +€21,911 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | €205,223 | €205,638 | +€415 | +0.2% |
| Trade debts | 44 | €21,329 | €31,427 | +€10,098 | +47.3% |
| Suppliers | 440/4 | €21,329 | €31,427 | +€10,098 | +47.3% |
| Taxes, remuneration and social security | 45 | €1,513 | €3,012 | +€1,499 | +99.1% |
| Taxes | 450/3 | €1,513 | €3,012 | +€1,499 | +99.1% |
| Other amounts payable | 47/48 | €1,998,449 | €2,008,349 | +€9,899 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €288,278 | €300,772 | +€12,494 | +4.3% |
| Other operating charges | 640/8 | €12,520 | €13,961 | +€1,441 | +11.5% |
| Gross operating margin | 9900 | €237,229 | €356,059 | +€118,830 | +50.1% |
| Operating profit (loss) | 9901 | -€63,569 | €41,326 | +€104,895 | |
| Financial income | 75/76B | €20,918 | €6,916 | -€14,002 | -66.9% |
| Recurring financial income | 75 | €20,918 | €6,916 | -€14,002 | -66.9% |
| Financial charges | 65/66B | €44,708 | €26,579 | -€18,129 | -40.6% |
| Recurring financial charges | 65 | €44,708 | €26,579 | -€18,129 | -40.6% |
| Profit (loss) for the period before taxes | 9903 | -€87,359 | €21,664 | +€109,023 | |
| Transfer from deferred taxes | 780 | €48,173 | €11,423 | -€36,750 | -76.3% |
| Income taxes | 67/77 | €30,202 | €30,262 | +€60 | +0.2% |
| Profit (loss) for the period | 9904 | -€69,389 | €2,824 | +€72,213 | |
| Transfer from tax-exempt reserves | 789 | €144,518 | €69,268 | -€75,250 | -52.1% |
| Profit (loss) for the period to be appropriated | 9905 | €75,129 | €72,092 | -€3,037 | -4.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.