DEVOLDERE TRANSPORT: 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.
DEVOLDERE TRANSPORT
Largest movements
- Cash +€55,178
up €55,178 (+3,125%), from €1,766 to €56,944
mainly Investment in fixed assets (net) (+€47,266) and Stocks and contracts (+€28,125)
- Tangible fixed assets -€51,191
down €51,191 (-75.1%), from €68,170 to €16,979
of which Land and buildings: -€42,000
- Stocks and contracts -€28,125
down €28,125 (-36.4%), from €77,315 to €49,190
- Receivables within one year -€11,823
down €11,823 (-6.3%), from €186,465 to €174,642
of which Trade receivables: -€6,539
- Deferred charges and accrued income -€6,098
down €6,098 (-81.1%), from €7,519 to €1,422
- Profit (loss) carried forward -€31,398
down €31,398 (-33.4%), from -€94,040 to -€125,438
- Other debts -€8,864
down €8,864 (-7.8%), from €113,586 to €104,722
- Debts after one year -€7,865
down €7,865 (-9.5%), from €82,501 to €74,636
- Tax, wage and social debts +€4,055
up €4,055 (+1,047%), from €387 to €4,442
of which Taxes: +€4,055
- Staff costs -€38,430
down €38,430 (-71.6%), from €53,651 to €15,221
- Gross operating margin -€29,202
down €29,202 (-51.8%), from €56,372 to €27,171
- Write-downs +€26,126
new in 2025: €26,126
- Depreciation -€25,462
down €25,462 (-86.6%), from €29,387 to €3,925
- Financial charges -€5,731
down €5,731 (-72.5%), from €7,902 to €2,171
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 | €347,474 | €305,415 | -€42,059 | -12.1% |
| Fixed assets | 21/28 | €74,409 | €23,217 | -€51,191 | -68.8% |
| Tangible fixed assets | 22/27 | €68,170 | €16,979 | -€51,191 | -75.1% |
| Land and buildings | 22 | €42,000 | €0 | -€42,000 | -100% |
| Plant, machinery and equipment | 23 | €11,448 | €1,033 | -€10,414 | -91.0% |
| Furniture and vehicles | 24 | €14,722 | €15,945 | +€1,224 | +8.3% |
| Financial fixed assets | 28 | €6,239 | €6,239 | = | 0.0% |
| Current assets | 29/58 | €273,065 | €282,197 | +€9,132 | +3.3% |
| Stocks and contracts in progress | 3 | €77,315 | €49,190 | -€28,125 | -36.4% |
| Stocks | 30/36 | €77,315 | €49,190 | -€28,125 | -36.4% |
| Amounts receivable within one year | 40/41 | €186,465 | €174,642 | -€11,823 | -6.3% |
| Trade receivables | 40 | €171,399 | €164,860 | -€6,539 | -3.8% |
| Other amounts receivable | 41 | €15,066 | €9,781 | -€5,284 | -35.1% |
| Cash at bank and in hand | 54/58 | €1,766 | €56,944 | +€55,178 | +3,125% |
| Deferred charges and accrued income | 490/1 | €7,519 | €1,422 | -€6,098 | -81.1% |
| Total equity and liabilities | 10/49 | €347,474 | €305,415 | -€42,059 | -12.1% |
| Equity | 10/15 | €108,032 | €76,635 | -€31,398 | -29.1% |
| Contributions | 10/11 | €76,971 | €76,971 | = | 0.0% |
| Reserves | 13 | €125,102 | €125,102 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €74,333 | €74,333 | = | 0.0% |
| Distributable reserves | 133 | €50,769 | €50,769 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€94,040 | -€125,438 | -€31,398 | -33.4% |
| Amounts payable | 17/49 | €239,442 | €228,780 | -€10,661 | -4.5% |
| Amounts payable after more than one year | 17 | €82,501 | €74,636 | -€7,865 | -9.5% |
| Financial debts | 170/4 | €82,501 | €74,636 | -€7,865 | -9.5% |
| Amounts payable within one year | 42/48 | €156,941 | €154,145 | -€2,796 | -1.8% |
| Trade debts | 44 | €42,957 | €44,970 | +€2,013 | +4.7% |
| Suppliers | 440/4 | €42,957 | €44,970 | +€2,013 | +4.7% |
| Advances received on contracts in progress | 46 | €10 | €10 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €387 | €4,442 | +€4,055 | +1,047% |
| Taxes | 450/3 | €387 | €4,442 | +€4,055 | +1,047% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €113,586 | €104,722 | -€8,864 | -7.8% |
| Remuneration, social security and pensions | 62 | €53,651 | €15,221 | -€38,430 | -71.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,387 | €3,925 | -€25,462 | -86.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €26,126 | +€26,126 | |
| Other operating charges | 640/8 | €9,516 | €10,856 | +€1,340 | +14.1% |
| Gross operating margin | 9900 | €56,372 | €27,171 | -€29,202 | -51.8% |
| Operating profit (loss) | 9901 | -€36,181 | -€28,957 | +€7,225 | +20.0% |
| Financial income | 75/76B | €2 | €0 | -€2 | -94.3% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -94.3% |
| Financial charges | 65/66B | €7,902 | €2,171 | -€5,731 | -72.5% |
| Recurring financial charges | 65 | €7,902 | €2,171 | -€5,731 | -72.5% |
| Profit (loss) for the period before taxes | 9903 | -€44,082 | -€31,128 | +€12,954 | +29.4% |
| Income taxes | 67/77 | €387 | €270 | -€117 | -30.3% |
| Profit (loss) for the period | 9904 | -€44,470 | -€31,398 | +€13,072 | +29.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,470 | -€31,398 | +€13,072 | +29.4% |
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 19 October 2026 via checked.be.