DEVOLDERE-WILLE: what changed
What changed
DEVOLDERE-WILLE
NACE 49.410, Freight transport by road
filed annual accounts (NBB)
Net result for the year
€90,540
2024 · €98,533-€7,993
Equity
€567,359
2024 · €517,886+€49,474
Cash
€254,065
2024 · €366,700-€112,635
Balance sheet total
€866,590
2024 · €1.0m-€163,205
Largest movements
Assets
- Receivables within one year -€116,462
down €116,462 (-32.5%), from €358,036 to €241,574
of which Trade receivables: -€124,132
- Cash -€112,635
down €112,635 (-30.7%), from €366,700 to €254,065
mainly Trade debts (-€129,191) and Investment in fixed assets (net) (-€50,953)
- Stocks and contracts +€45,540
up €45,540 (+88.5%), from €51,480 to €97,020
- Tangible fixed assets +€14,986
up €14,986 (+6.5%), from €231,564 to €246,551
of which Furniture and vehicles: +€36,101
Equity and liabilities
- Trade debts -€129,191
down €129,191 (-59.6%), from €216,876 to €87,685
- Reserves +€49,474
up €49,474 (+9.9%), from €499,336 to €548,809
of which Distributable reserves: +€49,474
- Other debts -€46,491
down €46,491 (-54.4%), from €85,523 to €39,032
- Debts after one year -€22,740
down €22,740 (-16.8%), from €135,711 to €112,971
- Tax, wage and social debts -€14,469
down €14,469 (-31.4%), from €46,072 to €31,603
of which Taxes: -€16,111
Income statement
- Gross operating margin -€54,662
down €54,662 (-16.8%), from €325,388 to €270,726
- Taxes -€18,522
down €18,522 (-33.6%), from €55,160 to €36,638
- Staff costs +€11,684
up €11,684 (+17.7%), from €65,840 to €77,524
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€98,533
Gross operating margin
-€54,662
Staff costs
-€11,684
Depreciation
-€3,029
Other operating charges
+€2,847
Other operating items
+€39,608
Financial income
-€28
Financial charges
+€435
Taxes
+€18,522
Result 2025
€90,540
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1,912
Investment
-€50,953
Financing
-€63,594
Cash 2024
€366,700
From operations (derived)
+€1,912
Net result for the year
+€90,540
Depreciation
+€35,967
Stocks and contracts
-€45,540
Receivables within one year
+€116,462
Deferred charges and accrued income
-€5,365
Trade debts
-€129,191
Tax, wage and social debts
-€14,469
Other debts
-€46,491
Investment (derived)
-€50,953
Investment in fixed assets (net)
-€50,953
Financing
-€63,594
Debts after one year
-€22,740
Current portion of long-term debt
+€212
Contributions, distributions and other
-€41,066
Cash 2025
€254,065
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,029,795 | €866,590 | -€163,205 | -15.8% |
| Fixed assets | 21/28 | €232,849 | €247,836 | +€14,986 | +6.4% |
| Tangible fixed assets | 22/27 | €231,564 | €246,551 | +€14,986 | +6.5% |
| Land and buildings | 22 | €203,298 | €184,414 | -€18,884 | -9.3% |
| Plant, machinery and equipment | 23 | €12,499 | €10,268 | -€2,231 | -17.8% |
| Furniture and vehicles | 24 | €15,768 | €51,869 | +€36,101 | +229% |
| Financial fixed assets | 28 | €1,285 | €1,285 | = | 0.0% |
| Current assets | 29/58 | €796,946 | €618,754 | -€178,192 | -22.4% |
| Stocks and contracts in progress | 3 | €51,480 | €97,020 | +€45,540 | +88.5% |
| Stocks | 30/36 | €51,480 | €97,020 | +€45,540 | +88.5% |
| Amounts receivable within one year | 40/41 | €358,036 | €241,574 | -€116,462 | -32.5% |
| Trade receivables | 40 | €344,754 | €220,621 | -€124,132 | -36.0% |
| Other amounts receivable | 41 | €13,282 | €20,953 | +€7,670 | +57.7% |
| Cash at bank and in hand | 54/58 | €366,700 | €254,065 | -€112,635 | -30.7% |
| Deferred charges and accrued income | 490/1 | €20,731 | €26,096 | +€5,365 | +25.9% |
| Total equity and liabilities | 10/49 | €1,029,795 | €866,590 | -€163,205 | -15.8% |
| Equity | 10/15 | €517,886 | €567,359 | +€49,474 | +9.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €499,336 | €548,809 | +€49,474 | +9.9% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €497,481 | €546,954 | +€49,474 | +9.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €511,910 | €299,231 | -€212,679 | -41.5% |
| Amounts payable after more than one year | 17 | €135,711 | €112,971 | -€22,740 | -16.8% |
| Financial debts | 170/4 | €135,711 | €112,971 | -€22,740 | -16.8% |
| Amounts payable within one year | 42/48 | €376,198 | €186,260 | -€189,939 | -50.5% |
| Current portion of amounts payable after more than one year | 42 | €22,528 | €22,740 | +€212 | +0.9% |
| Trade debts | 44 | €216,876 | €87,685 | -€129,191 | -59.6% |
| Suppliers | 440/4 | €216,876 | €87,685 | -€129,191 | -59.6% |
| Advances received on contracts in progress | 46 | €5,200 | €5,200 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €46,072 | €31,603 | -€14,469 | -31.4% |
| Taxes | 450/3 | €36,959 | €20,849 | -€16,111 | -43.6% |
| Remuneration and social security | 454/9 | €9,113 | €10,754 | +€1,642 | +18.0% |
| Other amounts payable | 47/48 | €85,523 | €39,032 | -€46,491 | -54.4% |
| Non-recurring operating income | 76A | €9,884 | €0 | -€9,884 | -100% |
| Remuneration, social security and pensions | 62 | €65,840 | €77,524 | +€11,684 | +17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,937 | €35,967 | +€3,029 | +9.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €28,721 | €25,873 | -€2,847 | -9.9% |
| Non-recurring operating charges | 66A | €39,608 | €0 | -€39,608 | -100% |
| Gross operating margin | 9900 | €325,388 | €270,726 | -€54,662 | -16.8% |
| Operating profit (loss) | 9901 | €158,282 | €131,361 | -€26,921 | -17.0% |
| Financial income | 75/76B | €29 | €0 | -€28 | -99.0% |
| Recurring financial income | 75 | €29 | €0 | -€28 | -99.0% |
| Financial charges | 65/66B | €4,618 | €4,183 | -€435 | -9.4% |
| Recurring financial charges | 65 | €4,618 | €4,183 | -€435 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €153,693 | €127,178 | -€26,515 | -17.3% |
| Income taxes | 67/77 | €55,160 | €36,638 | -€18,522 | -33.6% |
| Profit (loss) for the period | 9904 | €98,533 | €90,540 | -€7,993 | -8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €98,533 | €90,540 | -€7,993 | -8.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.