DEVOOGHT INVEST: 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.
DEVOOGHT INVEST
Largest movements
- Cash +€40,944
up €40,944 (+12.0%), from €339,885 to €380,829
mainly Depreciation (+€26,363) and Net result for the year (+€26,113)
- Tangible fixed assets -€26,363
down €26,363 (-68.7%), from €38,375 to €12,012
of which Furniture and vehicles: -€25,033
- Receivables within one year +€5,695
up €5,695 (+5.8%), from €97,587 to €103,282
of which Other amounts receivable: +€5,695
- Reserves +€26,113
up €26,113 (+6.9%), from €378,773 to €404,886
- Current portion of long-term debt -€12,558
down €12,558 (-58.0%), from €21,639 to €9,081
- Debts after one year -€9,081
down €9,081 (-100%), from €9,081 to €0
- Tax, wage and social debts +€8,396
up €8,396 (+14.6%), from €57,608 to €66,004
of which Taxes: +€11,796
- Trade debts +€6,543
up €6,543 (+195%), from €3,353 to €9,896
- Gross operating margin -€277,000
down €277,000 (-80.4%), from €344,616 to €67,616
- Taxes -€84,673
down €84,673 (-87.7%), from €96,588 to €11,915
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 | €485,445 | €504,652 | +€19,207 | +4.0% |
| Fixed assets | 21/28 | €38,375 | €12,012 | -€26,363 | -68.7% |
| Tangible fixed assets | 22/27 | €38,375 | €12,012 | -€26,363 | -68.7% |
| Furniture and vehicles | 24 | €35,715 | €10,682 | -€25,033 | -70.1% |
| Other tangible fixed assets | 26 | €2,660 | €1,330 | -€1,330 | -50.0% |
| Current assets | 29/58 | €447,070 | €492,640 | +€45,570 | +10.2% |
| Amounts receivable within one year | 40/41 | €97,587 | €103,282 | +€5,695 | +5.8% |
| Trade receivables | 40 | €94,380 | €94,380 | = | 0.0% |
| Other amounts receivable | 41 | €3,207 | €8,902 | +€5,695 | +178% |
| Cash at bank and in hand | 54/58 | €339,885 | €380,829 | +€40,944 | +12.0% |
| Deferred charges and accrued income | 490/1 | €9,598 | €8,529 | -€1,069 | -11.1% |
| Total equity and liabilities | 10/49 | €485,445 | €504,652 | +€19,207 | +4.0% |
| Equity | 10/15 | €385,773 | €411,886 | +€26,113 | +6.8% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €378,773 | €404,886 | +€26,113 | +6.9% |
| Distributable reserves | 133 | €378,773 | €404,886 | +€26,113 | +6.9% |
| Amounts payable | 17/49 | €99,672 | €92,766 | -€6,906 | -6.9% |
| Amounts payable after more than one year | 17 | €9,081 | €0 | -€9,081 | -100% |
| Financial debts | 170/4 | €9,081 | €0 | -€9,081 | -100% |
| Amounts payable within one year | 42/48 | €89,503 | €92,264 | +€2,761 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €21,639 | €9,081 | -€12,558 | -58.0% |
| Trade debts | 44 | €3,353 | €9,896 | +€6,543 | +195% |
| Suppliers | 440/4 | €3,353 | €9,896 | +€6,543 | +195% |
| Taxes, remuneration and social security | 45 | €57,608 | €66,004 | +€8,396 | +14.6% |
| Taxes | 450/3 | €54,208 | €66,004 | +€11,796 | +21.8% |
| Remuneration and social security | 454/9 | €3,400 | €0 | -€3,400 | -100% |
| Other amounts payable | 47/48 | €6,903 | €7,283 | +€380 | +5.5% |
| Accrued charges and deferred income | 492/3 | €1,088 | €502 | -€586 | -53.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,919 | €26,363 | +€443 | +1.7% |
| Other operating charges | 640/8 | €1,835 | €1,766 | -€69 | -3.8% |
| Non-recurring operating charges | 66A | €882 | €0 | -€882 | -100% |
| Gross operating margin | 9900 | €344,616 | €67,616 | -€277,000 | -80.4% |
| Operating profit (loss) | 9901 | €315,980 | €39,487 | -€276,493 | -87.5% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,419 | €1,460 | +€40 | +2.8% |
| Recurring financial charges | 65 | €1,419 | €1,460 | +€40 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €314,560 | €38,028 | -€276,532 | -87.9% |
| Income taxes | 67/77 | €96,588 | €11,915 | -€84,673 | -87.7% |
| Profit (loss) for the period | 9904 | €217,972 | €26,113 | -€191,859 | -88.0% |
| Profit (loss) for the period to be appropriated | 9905 | €217,972 | €26,113 | -€191,859 | -88.0% |
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.