Devon Kockx: 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.
Devon Kockx
Largest movements
- Tangible fixed assets -€24,986
down €24,986 (-100.0%), from €24,986 to €0
- Receivables within one year +€11,222
up €11,222 (+44.7%), from €25,104 to €36,326
of which Other amounts receivable: +€5,924
- Cash +€8,933
up €8,933 (+759.5%), from €1,176 to €10,109
mainly Investment in fixed assets (net) (+€24,986) and Net result for the year (+€17,649)
- Deferred charges and accrued income +€564
up €564 (+116.5%), from €484 to €1,048
- Profit (loss) carried forward +€17,649
up €17,649 (+186.3%), from €9,475 to €27,123
- Current portion of long-term debt -€11,435
down €11,435 (-100.0%), from €11,435 to €0
- Debts after one year -€9,713
down €9,713 (-100.0%), from €9,713 to €0
- Tax, wage and social debts +€4,090
up €4,090 (+61.1%), from €6,692 to €10,782
of which Taxes: +€4,226
- Accrued charges and deferred income -€2,393
down €2,393 (-100.0%), from €2,393 to €0
- Gross operating margin +€11,952
up €11,952 (+52.7%), from €22,700 to €34,652
- Depreciation -€8,000
down €8,000 (-100.0%), from €8,000 to €0
- Taxes +€2,013
up €2,013 (+66.4%), from €3,032 to €5,045
- Other operating charges +€602
up €602 (+89.1%), from €676 to €1,278
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 | €51,750 | €47,483 | -€4,267 | -8.2% |
| Fixed assets | 21/28 | €24,986 | €0 | -€24,986 | -100.0% |
| Tangible fixed assets | 22/27 | €24,986 | €0 | -€24,986 | -100.0% |
| Furniture and vehicles | 24 | €24,986 | €0 | -€24,986 | -100.0% |
| Current assets | 29/58 | €26,764 | €47,483 | +€20,719 | +77.4% |
| Amounts receivable within one year | 40/41 | €25,104 | €36,326 | +€11,222 | +44.7% |
| Trade receivables | 40 | €3,447 | €8,746 | +€5,298 | +153.7% |
| Other amounts receivable | 41 | €21,657 | €27,580 | +€5,924 | +27.4% |
| Cash at bank and in hand | 54/58 | €1,176 | €10,109 | +€8,933 | +759.5% |
| Deferred charges and accrued income | 490/1 | €484 | €1,048 | +€564 | +116.5% |
| Total equity and liabilities | 10/49 | €51,750 | €47,483 | -€4,267 | -8.2% |
| Equity | 10/15 | €12,975 | €30,623 | +€17,649 | +136.0% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,475 | €27,123 | +€17,649 | +186.3% |
| Amounts payable | 17/49 | €38,776 | €16,860 | -€21,916 | -56.5% |
| Amounts payable after more than one year | 17 | €9,713 | €0 | -€9,713 | -100.0% |
| Financial debts | 170/4 | €9,713 | €0 | -€9,713 | -100.0% |
| Amounts payable within one year | 42/48 | €26,670 | €16,860 | -€9,810 | -36.8% |
| Current portion of amounts payable after more than one year | 42 | €11,435 | €0 | -€11,435 | -100.0% |
| Trade debts | 44 | €6,904 | €6,078 | -€826 | -12.0% |
| Suppliers | 440/4 | €6,904 | €6,078 | -€826 | -12.0% |
| Taxes, remuneration and social security | 45 | €6,692 | €10,782 | +€4,090 | +61.1% |
| Taxes | 450/3 | €4,156 | €8,382 | +€4,226 | +101.7% |
| Remuneration and social security | 454/9 | €2,536 | €2,400 | -€136 | -5.4% |
| Other amounts payable | 47/48 | €1,640 | - | -€1,640 | |
| Accrued charges and deferred income | 492/3 | €2,393 | €0 | -€2,393 | -100.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,000 | €0 | -€8,000 | -100.0% |
| Other operating charges | 640/8 | €676 | €1,278 | +€602 | +89.1% |
| Non-recurring operating charges | 66A | €1,501 | €9,461 | +€7,961 | +530.4% |
| Gross operating margin | 9900 | €22,700 | €34,652 | +€11,952 | +52.7% |
| Operating profit (loss) | 9901 | €12,524 | €23,913 | +€11,389 | +90.9% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,531 | €1,219 | -€312 | -20.4% |
| Recurring financial charges | 65 | €1,531 | €1,219 | -€312 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | €10,992 | €22,694 | +€11,702 | +106.5% |
| Income taxes | 67/77 | €3,032 | €5,045 | +€2,013 | +66.4% |
| Profit (loss) for the period | 9904 | €7,960 | €17,649 | +€9,689 | +121.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,960 | €17,649 | +€9,689 | +121.7% |
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 8 October 2026 via checked.be.