Devoda: 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.
Devoda
Largest movements
- Tangible fixed assets -€3,312
down €3,312 (-38.5%), from €8,599 to €5,287
of which Furniture and vehicles: -€2,190
- Receivables within one year -€2,392
down €2,392 (-93.1%), from €2,571 to €179
of which Trade receivables: -€2,571
- Cash +€1,109
up €1,109 (+44.6%), from €2,489 to €3,599
mainly Depreciation (+€3,312) and Receivables within one year (+€2,392)
- Current portion of long-term debt -€1,635
no longer reported in 2025 (was €1,635)
- Profit (loss) carried forward -€996
down €996 (-36.2%), from -€2,753 to -€3,750
- Debts after one year -€827
no longer reported in 2025 (was €827)
- Tax, wage and social debts -€735
down €735 (-55.4%), from €1,326 to €591
- Accrued charges and deferred income -€452
no longer reported in 2025 (was €452)
- Gross operating margin -€12,960
down €12,960 (-76.8%), from €16,885 to €3,925
- Staff costs -€8,317
down €8,317 (-97.1%), from €8,567 to €250
- Taxes -€345
down €345 (-47.7%), from €722 to €377
- Financial charges -€199
down €199 (-45.6%), from €436 to €238
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.
Derived cash bridge
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 | €13,659 | €9,064 | -€4,595 | -33.6% |
| Fixed assets | 21/28 | €8,599 | €5,287 | -€3,312 | -38.5% |
| Tangible fixed assets | 22/27 | €8,599 | €5,287 | -€3,312 | -38.5% |
| Plant, machinery and equipment | 23 | €1,122 | - | -€1,122 | |
| Furniture and vehicles | 24 | €7,476 | €5,287 | -€2,190 | -29.3% |
| Current assets | 29/58 | €5,060 | €3,777 | -€1,283 | -25.4% |
| Amounts receivable within one year | 40/41 | €2,571 | €179 | -€2,392 | -93.1% |
| Trade receivables | 40 | €2,571 | - | -€2,571 | |
| Other amounts receivable | 41 | - | €179 | +€179 | |
| Cash at bank and in hand | 54/58 | €2,489 | €3,599 | +€1,109 | +44.6% |
| Total equity and liabilities | 10/49 | €13,659 | €9,064 | -€4,595 | -33.6% |
| Equity | 10/15 | €6,705 | €5,708 | -€996 | -14.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €3,258 | €3,258 | = | 0.0% |
| Distributable reserves | 133 | €3,258 | €3,258 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,753 | -€3,750 | -€996 | -36.2% |
| Amounts payable | 17/49 | €6,955 | €3,356 | -€3,599 | -51.7% |
| Amounts payable after more than one year | 17 | €827 | - | -€827 | |
| Financial debts | 170/4 | €827 | - | -€827 | |
| Amounts payable within one year | 42/48 | €5,675 | €3,356 | -€2,319 | -40.9% |
| Current portion of amounts payable after more than one year | 42 | €1,635 | - | -€1,635 | |
| Trade debts | 44 | €28 | €29 | +€1 | +3.9% |
| Suppliers | 440/4 | €28 | €29 | +€1 | +3.9% |
| Taxes, remuneration and social security | 45 | €1,326 | €591 | -€735 | -55.4% |
| Taxes | 450/3 | €1,326 | €591 | -€735 | -55.4% |
| Other amounts payable | 47/48 | €2,686 | €2,736 | +€50 | +1.9% |
| Accrued charges and deferred income | 492/3 | €452 | - | -€452 | |
| Non-recurring operating income | 76A | €1,355 | - | -€1,355 | |
| Remuneration, social security and pensions | 62 | €8,567 | €250 | -€8,317 | -97.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,356 | €3,312 | -€45 | -1.3% |
| Other operating charges | 640/8 | €683 | €744 | +€61 | +9.0% |
| Gross operating margin | 9900 | €16,885 | €3,925 | -€12,960 | -76.8% |
| Operating profit (loss) | 9901 | €4,278 | -€381 | -€4,660 | |
| Financial charges | 65/66B | €436 | €238 | -€199 | -45.6% |
| Recurring financial charges | 65 | €436 | €238 | -€199 | -45.6% |
| Profit (loss) for the period before taxes | 9903 | €3,842 | -€619 | -€4,461 | |
| Income taxes | 67/77 | €722 | €377 | -€345 | -47.7% |
| Profit (loss) for the period | 9904 | €3,119 | -€996 | -€4,116 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,119 | -€996 | -€4,116 |
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 14 October 2026 via checked.be.