DEVOMAS: 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.
DEVOMAS
Largest movements
- Cash +€238,506
up €238,506 (+487.3%), from €48,945 to €287,450
mainly Net result for the year (+€153,861) and Tax, wage and social debts (+€103,652)
- Tangible fixed assets -€23,779
down €23,779 (-20.6%), from €115,323 to €91,544
of which Other tangible fixed assets: -€22,817
- Profit (loss) carried forward +€153,861
up €153,861 (+57.5%), from €267,446 to €421,307
- Tax, wage and social debts +€103,652
up €103,652 (+484.8%), from €21,380 to €125,032
- Other debts -€77,466
down €77,466 (-74.4%), from €104,164 to €26,698
- Trade debts +€30,349
up €30,349 (+15.3%), from €198,718 to €229,067
- Gross operating margin +€355,994
up €355,994 (+115.2%), from €308,925 to €664,919
- Other operating charges +€190,721
up €190,721 (+159.7%), from €119,427 to €310,148
- Taxes +€132,627
up €132,627 (+403.2%), from €32,894 to €165,521
- Depreciation -€6,671
down €6,671 (-16.5%), from €40,456 to €33,785
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €605,970 | €816,366 | +€210,396 | +34.7% |
| Fixed assets | 21/28 | €265,062 | €241,284 | -€23,779 | -9.0% |
| Tangible fixed assets | 22/27 | €115,323 | €91,544 | -€23,779 | -20.6% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €1,004 | €43 | -€961 | -95.7% |
| Other tangible fixed assets | 26 | €114,318 | €91,501 | -€22,817 | -20.0% |
| Financial fixed assets | 28 | €149,740 | €149,740 | = | 0.0% |
| Current assets | 29/58 | €340,908 | €575,082 | +€234,175 | +68.7% |
| Amounts receivable within one year | 40/41 | €291,963 | €287,282 | -€4,680 | -1.6% |
| Trade receivables | 40 | €140,976 | €10,920 | -€130,056 | -92.3% |
| Other amounts receivable | 41 | €150,987 | €276,362 | +€125,375 | +83.0% |
| Cash at bank and in hand | 54/58 | €48,945 | €287,450 | +€238,506 | +487.3% |
| Deferred charges and accrued income | 490/1 | - | €349 | +€349 | |
| Total equity and liabilities | 10/49 | €605,970 | €816,366 | +€210,396 | +34.7% |
| Equity | 10/15 | €281,709 | €435,570 | +€153,861 | +54.6% |
| Contributions | 10/11 | €12,403 | €12,403 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €267,446 | €421,307 | +€153,861 | +57.5% |
| Amounts payable | 17/49 | €324,262 | €380,796 | +€56,535 | +17.4% |
| Amounts payable within one year | 42/48 | €324,262 | €380,796 | +€56,535 | +17.4% |
| Financial debts | 43 | - | €0 | = | |
| Credit institutions | 430/8 | - | €0 | = | |
| Trade debts | 44 | €198,718 | €229,067 | +€30,349 | +15.3% |
| Suppliers | 440/4 | €198,718 | €229,067 | +€30,349 | +15.3% |
| Taxes, remuneration and social security | 45 | €21,380 | €125,032 | +€103,652 | +484.8% |
| Taxes | 450/3 | €21,380 | €125,032 | +€103,652 | +484.8% |
| Other amounts payable | 47/48 | €104,164 | €26,698 | -€77,466 | -74.4% |
| Remuneration, social security and pensions | 62 | €919 | - | -€919 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,456 | €33,785 | -€6,671 | -16.5% |
| Other operating charges | 640/8 | €119,427 | €310,148 | +€190,721 | +159.7% |
| Non-recurring operating charges | 66A | €23,500 | - | -€23,500 | |
| Gross operating margin | 9900 | €308,925 | €664,919 | +€355,994 | +115.2% |
| Operating profit (loss) | 9901 | €124,623 | €320,985 | +€196,363 | +157.6% |
| Financial income | 75/76B | €25 | - | -€25 | |
| Recurring financial income | 75 | €25 | - | -€25 | |
| Financial charges | 65/66B | €1,363 | €1,603 | +€240 | +17.6% |
| Recurring financial charges | 65 | €1,363 | €1,603 | +€240 | +17.6% |
| Profit (loss) for the period before taxes | 9903 | €123,285 | €319,382 | +€196,097 | +159.1% |
| Income taxes | 67/77 | €32,894 | €165,521 | +€132,627 | +403.2% |
| Profit (loss) for the period | 9904 | €90,391 | €153,861 | +€63,470 | +70.2% |
| Profit (loss) for the period to be appropriated | 9905 | €90,391 | €153,861 | +€63,470 | +70.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.