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Devooght Jonathan: 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.

What changed

Devooght Jonathan

BE 0631.760.109
NACE 49.320, Non-scheduled passenger transport by road
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€158,279
2023 · €70,216+€88,063
Equity
€523,359
2023 · €365,081+€158,279
Cash
€143,432
2023 · €57,108+€86,324
Balance sheet total
€1.7m
2023 · €1.3m+€431,568

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets +€387,708

    up €387,708 (+48.1%), from €805,225 to €1.2m

    of which Leasing and similar rights: +€396,318

  • Cash +€86,324

    up €86,324 (+151.2%), from €57,108 to €143,432

    mainly Debts after one year (+€282,180) and Depreciation (+€171,822)

  • Receivables within one year -€42,071

    down €42,071 (-10.6%), from €397,589 to €355,518

    of which Trade receivables: -€48,007

Equity and liabilities
  • Debts after one year +€282,180

    up €282,180 (+75.6%), from €373,048 to €655,228

    of which Financial debts: +€268,587

  • Reserves +€158,279

    up €158,279 (+53.8%), from €294,031 to €452,309

    of which Distributable reserves: +€116,179

  • Current portion of long-term debt +€59,455

    up €59,455 (+37.4%), from €158,860 to €218,316

  • Short-term financial debts -€50,000

    down €50,000 (-33.3%), from €150,000 to €100,000

  • Tax, wage and social debts -€21,430

    down €21,430 (-33.5%), from €63,936 to €42,505

    of which Taxes: -€31,233

Income statement
  • Gross operating margin +€270,510

    up €270,510 (+32.1%), from €841,912 to €1.1m

  • Staff costs +€134,489

    up €134,489 (+24.3%), from €553,971 to €688,460

  • Taxes +€26,525

    up €26,525 (+95.4%), from €27,795 to €54,320

  • Depreciation +€16,298

    up €16,298 (+10.5%), from €155,523 to €171,822

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €70,216
Gross operating margin +€270,510
Staff costs -€134,489
Depreciation -€16,298
Other operating charges -€2,270
Other operating items -€1,035
Financial income +€33
Financial charges -€1,861
Taxes -€26,525
Result 2024 €158,279

Cash bridge derived

cash 2023 to 2024

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.

From operations +€354,218
Investment -€559,530
Financing +€291,636
Cash 2023 €57,108
Net result for the year +€158,279
Depreciation +€171,822
Receivables within one year +€42,071
Smaller working-capital items -€478
Trade debts +€16,254
Tax, wage and social debts -€21,430
Other debts -€12,299
Investment in fixed assets (net) -€559,530
Debts after one year +€282,180
Current portion of long-term debt +€59,455
Short-term financial debts -€50,000
Cash 2024 €143,432
Every line side by side 54 lines
Line Code 2023 2024 Change %
Total assets 20/58 €1,283,763 €1,715,331 +€431,568 +33.6%
Fixed assets 21/28 €805,225 €1,192,933 +€387,708 +48.1%
Tangible fixed assets 22/27 €805,225 €1,192,933 +€387,708 +48.1%
Land and buildings 22 €407,465 €387,686 -€19,779 -4.9%
Plant, machinery and equipment 23 €9,927 €14,165 +€4,237 +42.7%
Furniture and vehicles 24 €98,216 €105,148 +€6,931 +7.1%
Leasing and similar rights 25 €289,617 €685,935 +€396,318 +136.8%
Current assets 29/58 €478,538 €522,399 +€43,860 +9.2%
Stocks and contracts in progress 3 €10,000 €10,000 = 0.0%
Stocks 30/36 €10,000 €10,000 = 0.0%
Amounts receivable within one year 40/41 €397,589 €355,518 -€42,071 -10.6%
Trade receivables 40 €395,667 €347,660 -€48,007 -12.1%
Other amounts receivable 41 €1,922 €7,859 +€5,937 +308.9%
Cash at bank and in hand 54/58 €57,108 €143,432 +€86,324 +151.2%
Deferred charges and accrued income 490/1 €13,841 €13,448 -€393 -2.8%
Total equity and liabilities 10/49 €1,283,763 €1,715,331 +€431,568 +33.6%
Equity 10/15 €365,081 €523,359 +€158,279 +43.4%
Contributions 10/11 €71,050 €71,050 = 0.0%
Reserves 13 €294,031 €452,309 +€158,279 +53.8%
Non-distributable reserves 130/1 €6,700 €6,700 = 0.0%
Reserves not available under the articles 1311 €6,700 €6,700 = 0.0%
Tax-exempt reserves 132 €23,750 €65,850 +€42,100 +177.3%
Distributable reserves 133 €263,580 €379,759 +€116,179 +44.1%
Amounts payable 17/49 €918,683 €1,191,972 +€273,289 +29.7%
Amounts payable after more than one year 17 €373,048 €655,228 +€282,180 +75.6%
Financial debts 170/4 €373,048 €641,635 +€268,587 +72.0%
Other amounts payable 178/9 - €13,593 +€13,593
Amounts payable within one year 42/48 €545,635 €536,744 -€8,891 -1.6%
Current portion of amounts payable after more than one year 42 €158,860 €218,316 +€59,455 +37.4%
Financial debts 43 €150,000 €100,000 -€50,000 -33.3%
Credit institutions 430/8 €150,000 €100,000 -€50,000 -33.3%
Trade debts 44 €150,422 €166,676 +€16,254 +10.8%
Suppliers 440/4 €150,422 €166,676 +€16,254 +10.8%
Advances received on contracts in progress 46 €871 €0 -€871 -100.0%
Taxes, remuneration and social security 45 €63,936 €42,505 -€21,430 -33.5%
Taxes 450/3 €40,521 €9,288 -€31,233 -77.1%
Remuneration and social security 454/9 €23,415 €33,217 +€9,803 +41.9%
Other amounts payable 47/48 €21,546 €9,247 -€12,299 -57.1%
Remuneration, social security and pensions 62 €553,971 €688,460 +€134,489 +24.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €155,523 €171,822 +€16,298 +10.5%
Other operating charges 640/8 €5,975 €8,245 +€2,270 +38.0%
Non-recurring operating charges 66A - €1,035 +€1,035
Gross operating margin 9900 €841,912 €1,112,422 +€270,510 +32.1%
Operating profit (loss) 9901 €126,443 €242,859 +€116,417 +92.1%
Financial income 75/76B €1 €34 +€33 +2424.4%
Recurring financial income 75 €1 €34 +€33 +2424.4%
Financial charges 65/66B €28,433 €30,295 +€1,861 +6.5%
Recurring financial charges 65 €27,053 €30,295 +€3,242 +12.0%
Non-recurring financial charges 66B €1,381 €0 -€1,381 -100.0%
Profit (loss) for the period before taxes 9903 €98,011 €212,599 +€114,588 +116.9%
Income taxes 67/77 €27,795 €54,320 +€26,525 +95.4%
Profit (loss) for the period 9904 €70,216 €158,279 +€88,063 +125.4%
Transfer to tax-exempt reserves 689 - €42,100 +€42,100
Profit (loss) for the period to be appropriated 9905 €70,216 €116,179 +€45,963 +65.5%

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 30 September 2026 via checked.be.