Devoghel: 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.
Devoghel
Largest movements
- Receivables within one year +€1,780
new in 2025: €1,780
- Tangible fixed assets -€1,397
down €1,397 (-43.0%), from €3,247 to €1,851
- Financial fixed assets -€1,000
down €1,000 (-100.0%), from €1,000 to €0
- Cash -€840
down €840 (-34.6%), from €2,430 to €1,590
mainly Net result for the year (-€6,113) and Receivables within one year (-€1,780)
- Deferred charges and accrued income +€70
new in 2025: €70
- Profit (loss) carried forward -€6,113
down €6,113 (-31.2%), from -€19,611 to -€25,724
- Other debts +€3,696
up €3,696 (+34.2%), from €10,810 to €14,506
- Trade debts +€1,026
up €1,026, from €0 to €1,026
- Gross operating margin -€7,616
down €7,616, from €3,717 to -€3,900
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 | €6,678 | €5,291 | -€1,387 | -20.8% |
| Fixed assets | 21/28 | €4,247 | €1,851 | -€2,397 | -56.4% |
| Tangible fixed assets | 22/27 | €3,247 | €1,851 | -€1,397 | -43.0% |
| Land and buildings | 22 | €2,328 | €1,746 | -€582 | -25.0% |
| Plant, machinery and equipment | 23 | €452 | €80 | -€372 | -82.2% |
| Furniture and vehicles | 24 | €467 | €24 | -€443 | -94.8% |
| Financial fixed assets | 28 | €1,000 | €0 | -€1,000 | -100.0% |
| Current assets | 29/58 | €2,430 | €3,440 | +€1,010 | +41.6% |
| Amounts receivable within one year | 40/41 | - | €1,780 | +€1,780 | |
| Trade receivables | 40 | - | €1,780 | +€1,780 | |
| Cash at bank and in hand | 54/58 | €2,430 | €1,590 | -€840 | -34.6% |
| Deferred charges and accrued income | 490/1 | - | €70 | +€70 | |
| Total equity and liabilities | 10/49 | €6,678 | €5,291 | -€1,387 | -20.8% |
| Equity | 10/15 | -€7,211 | -€13,324 | -€6,113 | -84.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,611 | -€25,724 | -€6,113 | -31.2% |
| Amounts payable | 17/49 | €13,889 | €18,615 | +€4,726 | +34.0% |
| Amounts payable within one year | 42/48 | €10,810 | €15,532 | +€4,722 | +43.7% |
| Trade debts | 44 | €0 | €1,026 | +€1,026 | |
| Suppliers | 440/4 | €0 | €1,026 | +€1,026 | |
| Other amounts payable | 47/48 | €10,810 | €14,506 | +€3,696 | +34.2% |
| Accrued charges and deferred income | 492/3 | €3,079 | €3,083 | +€3 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,397 | €1,397 | +€0 | 0.0% |
| Other operating charges | 640/8 | €675 | €696 | +€21 | +3.2% |
| Gross operating margin | 9900 | €3,717 | -€3,900 | -€7,616 | |
| Operating profit (loss) | 9901 | €1,645 | -€5,993 | -€7,638 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €125 | €120 | -€5 | -3.8% |
| Recurring financial charges | 65 | €125 | €120 | -€5 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | €1,521 | -€6,113 | -€7,634 | |
| Profit (loss) for the period | 9904 | €1,521 | -€6,113 | -€7,634 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,521 | -€6,113 | -€7,634 |
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.