Devo en Co.: 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.
Devo en Co.
Largest movements
- Receivables after one year -€41,000
down €41,000 (-73.2%), from €56,000 to €15,000
- Cash +€4,219
up €4,219 (+36.7%), from €11,490 to €15,709
mainly Receivables after one year (+€41,000) and Net result for the year (+€8,937)
- Tangible fixed assets -€3,739
down €3,739 (-54.4%), from €6,873 to €3,134
of which Furniture and vehicles: -€3,881
- Receivables within one year +€1,246
up €1,246 (+7.8%), from €16,021 to €17,267
of which Trade receivables: +€1,245
- Reserves -€41,339
down €41,339 (-60.6%), from €68,263 to €26,924
- Tax, wage and social debts +€4,256
up €4,256 (+123.8%), from €3,438 to €7,694
- Trade debts -€2,759
down €2,759 (-35.4%), from €7,784 to €5,025
- Gross operating margin +€5,652
up €5,652 (+47.9%), from €11,792 to €17,444
- Financial income -€1,939
down €1,939 (-34.1%), from €5,689 to €3,750
- Taxes +€1,210
up €1,210 (+37.1%), from €3,264 to €4,474
- Depreciation -€795
down €795 (-16.5%), from €4,822 to €4,027
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 | €103,144 | €62,948 | -€40,196 | -39.0% |
| Formation expenses | 20 | €1,061 | €796 | -€265 | -25.0% |
| Fixed assets | 21/28 | €16,639 | €12,900 | -€3,739 | -22.5% |
| Tangible fixed assets | 22/27 | €6,873 | €3,134 | -€3,739 | -54.4% |
| Plant, machinery and equipment | 23 | €208 | €350 | +€142 | +68.3% |
| Furniture and vehicles | 24 | €6,665 | €2,784 | -€3,881 | -58.2% |
| Financial fixed assets | 28 | €9,766 | €9,766 | = | 0.0% |
| Current assets | 29/58 | €85,444 | €49,252 | -€36,192 | -42.4% |
| Amounts receivable after more than one year | 29 | €56,000 | €15,000 | -€41,000 | -73.2% |
| Other amounts receivable | 291 | €56,000 | €15,000 | -€41,000 | -73.2% |
| Amounts receivable within one year | 40/41 | €16,021 | €17,267 | +€1,246 | +7.8% |
| Trade receivables | 40 | €7,479 | €8,724 | +€1,245 | +16.6% |
| Other amounts receivable | 41 | €8,542 | €8,543 | +€1 | 0.0% |
| Cash at bank and in hand | 54/58 | €11,490 | €15,709 | +€4,219 | +36.7% |
| Deferred charges and accrued income | 490/1 | €1,933 | €1,276 | -€657 | -34.0% |
| Total equity and liabilities | 10/49 | €103,144 | €62,948 | -€40,196 | -39.0% |
| Equity | 10/15 | €89,875 | €48,536 | -€41,339 | -46.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €68,263 | €26,924 | -€41,339 | -60.6% |
| Distributable reserves | 133 | €68,263 | €26,924 | -€41,339 | -60.6% |
| Profit (loss) carried forward | 14 | €3,020 | €3,020 | = | 0.0% |
| Amounts payable | 17/49 | €13,269 | €14,412 | +€1,143 | +8.6% |
| Amounts payable within one year | 42/48 | €13,269 | €14,412 | +€1,143 | +8.6% |
| Current portion of amounts payable after more than one year | 42 | €2,047 | €1,693 | -€354 | -17.3% |
| Trade debts | 44 | €7,784 | €5,025 | -€2,759 | -35.4% |
| Suppliers | 440/4 | €7,784 | €5,025 | -€2,759 | -35.4% |
| Taxes, remuneration and social security | 45 | €3,438 | €7,694 | +€4,256 | +123.8% |
| Taxes | 450/3 | €3,438 | €7,694 | +€4,256 | +123.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,822 | €4,027 | -€795 | -16.5% |
| Other operating charges | 640/8 | €1,375 | €1,213 | -€162 | -11.8% |
| Gross operating margin | 9900 | €11,792 | €17,444 | +€5,652 | +47.9% |
| Operating profit (loss) | 9901 | €5,595 | €12,204 | +€6,609 | +118.1% |
| Financial income | 75/76B | €5,689 | €3,750 | -€1,939 | -34.1% |
| Recurring financial income | 75 | €5,689 | €3,750 | -€1,939 | -34.1% |
| Financial charges | 65/66B | €2,628 | €2,543 | -€85 | -3.2% |
| Recurring financial charges | 65 | €2,628 | €2,543 | -€85 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €8,656 | €13,411 | +€4,755 | +54.9% |
| Income taxes | 67/77 | €3,264 | €4,474 | +€1,210 | +37.1% |
| Profit (loss) for the period | 9904 | €5,392 | €8,937 | +€3,545 | +65.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,392 | €8,937 | +€3,545 | +65.7% |
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 1 October 2026 via checked.be.