DEVOGELAERE K. - TANDARTS: 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.
DEVOGELAERE K. - TANDARTS
Largest movements
- Tangible fixed assets +€326,737
up €326,737 (+143%), from €228,512 to €555,250
of which Land and buildings: +€333,822
- Debts after one year +€298,690
up €298,690, from €0 to €298,690
- Current portion of long-term debt +€28,926
up €28,926, from €0 to €28,926
- Reserves -€17,461
down €17,461 (-3.9%), from €443,885 to €426,424
- Other debts +€12,311
up €12,311 (+5.0%), from €243,862 to €256,173
- Trade debts +€12,246
up €12,246 (+286%), from €4,277 to €16,524
- Gross operating margin +€19,167
up €19,167 (+6.0%), from €320,228 to €339,395
- Depreciation +€11,695
up €11,695 (+25.7%), from €45,433 to €57,127
- Staff costs +€10,633
new in 2025: €10,633
- Other operating charges +€4,114
up €4,114 (+153%), from €2,697 to €6,812
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 | €704,424 | €1,043,522 | +€339,098 | +48.1% |
| Fixed assets | 21/28 | €228,512 | €555,250 | +€326,737 | +143% |
| Tangible fixed assets | 22/27 | €228,512 | €555,250 | +€326,737 | +143% |
| Land and buildings | 22 | €198,281 | €532,102 | +€333,822 | +168% |
| Plant, machinery and equipment | 23 | €22,615 | €18,328 | -€4,288 | -19.0% |
| Furniture and vehicles | 24 | €6,952 | €4,761 | -€2,191 | -31.5% |
| Other tangible fixed assets | 26 | €664 | €58 | -€606 | -91.2% |
| Current assets | 29/58 | €475,912 | €488,272 | +€12,361 | +2.6% |
| Amounts receivable within one year | 40/41 | €11,081 | €15,888 | +€4,806 | +43.4% |
| Trade receivables | 40 | €5,987 | €0 | -€5,987 | -100% |
| Other amounts receivable | 41 | €5,095 | €15,888 | +€10,793 | +212% |
| Current investments | 50/53 | €75,627 | €76,461 | +€833 | +1.1% |
| Cash at bank and in hand | 54/58 | €389,161 | €395,561 | +€6,400 | +1.6% |
| Deferred charges and accrued income | 490/1 | €42 | €363 | +€321 | +759% |
| Total equity and liabilities | 10/49 | €704,424 | €1,043,522 | +€339,098 | +48.1% |
| Equity | 10/15 | €456,285 | €438,824 | -€17,461 | -3.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €443,885 | €426,424 | -€17,461 | -3.9% |
| Distributable reserves | 133 | €443,885 | €426,424 | -€17,461 | -3.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €248,139 | €604,698 | +€356,559 | +144% |
| Amounts payable after more than one year | 17 | €0 | €298,690 | +€298,690 | |
| Financial debts | 170/4 | €0 | €298,690 | +€298,690 | |
| Amounts payable within one year | 42/48 | €248,139 | €305,608 | +€57,469 | +23.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | €28,926 | +€28,926 | |
| Trade debts | 44 | €4,277 | €16,524 | +€12,246 | +286% |
| Suppliers | 440/4 | €4,277 | €16,524 | +€12,246 | +286% |
| Taxes, remuneration and social security | 45 | - | €3,985 | +€3,985 | |
| Taxes | 450/3 | - | €3,985 | +€3,985 | |
| Other amounts payable | 47/48 | €243,862 | €256,173 | +€12,311 | +5.0% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Remuneration, social security and pensions | 62 | - | €10,633 | +€10,633 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,433 | €57,127 | +€11,695 | +25.7% |
| Other operating charges | 640/8 | €2,697 | €6,812 | +€4,114 | +153% |
| Gross operating margin | 9900 | €320,228 | €339,395 | +€19,167 | +6.0% |
| Operating profit (loss) | 9901 | €272,098 | €264,824 | -€7,274 | -2.7% |
| Financial income | 75/76B | €2,005 | €1,315 | -€690 | -34.4% |
| Recurring financial income | 75 | €2,005 | €1,315 | -€690 | -34.4% |
| Financial charges | 65/66B | €2,802 | €2,587 | -€214 | -7.7% |
| Recurring financial charges | 65 | €2,802 | €2,587 | -€214 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €271,301 | €263,551 | -€7,750 | -2.9% |
| Income taxes | 67/77 | €74,088 | €72,012 | -€2,076 | -2.8% |
| Profit (loss) for the period | 9904 | €197,213 | €191,539 | -€5,674 | -2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €197,213 | €191,539 | -€5,674 | -2.9% |
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 1 November 2026 via checked.be.