DEVOOGHT LOGISTICS: 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 LOGISTICS
NACE 49.410, Freight transport by road
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€71,891
2024 · €485,851-€413,960
Equity
€2.2m
2024 · €2.2m+€41,239
Cash
€135,758
2024 · €209,232-€73,474
Balance sheet total
€3.5m
2024 · €4.0m-€495,937
Largest movements
Assets
- Tangible fixed assets -€435,222
down €435,222 (-31.9%), from €1.4m to €927,245
of which Leasing and similar rights: -€332,336
- Cash -€73,474
down €73,474 (-35.1%), from €209,232 to €135,758
mainly Debts after one year (-€353,740) and Trade debts (-€125,997)
- Receivables within one year +€61,190
up €61,190 (+3.8%), from €1.6m to €1.7m
of which Other amounts receivable: +€168,138
Equity and liabilities
- Debts after one year -€353,740
down €353,740 (-41.8%), from €847,133 to €493,393
- Trade debts -€125,997
down €125,997 (-31.4%), from €400,895 to €274,898
- Reserves +€71,891
up €71,891 (+3.7%), from €2.0m to €2.0m
of which Distributable reserves: +€71,891
Income statement
- Turnover -€799,810
down €799,810 (-18.9%), from €4.2m to €3.4m
- Staff costs -€231,709
down €231,709 (-12.6%), from €1.8m to €1.6m
- Taxes -€104,268
down €104,268 (-87.4%), from €119,295 to €15,026
- Services and other goods +€86,571
up €86,571 (+9.8%), from €881,974 to €968,545
- Goods and materials -€84,545
down €84,545 (-6.4%), from €1.3m to €1.2m
of which Purchases: -€106,663
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.
Result 2024
€485,851
Turnover
-€799,810
Other operating income
+€35,788
Goods and materials
+€84,545
Services and other goods
-€86,571
Staff costs
+€231,709
Depreciation
-€9,182
Other operating charges
+€2,520
Other operating items
-€12,359
Financial income
+€31,873
Financial charges
+€3,258
Taxes
+€104,268
Result 2025
€71,891
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.
From operations
+€332,289
Investment
+€208
Financing
-€405,971
Cash 2024
€209,232
From operations (derived)
+€332,289
Net result for the year
+€71,891
Depreciation
+€435,014
Stocks and contracts
+€11,969
Receivables within one year
-€61,190
Deferred charges and accrued income
+€36,462
Trade debts
-€125,997
Tax, wage and social debts
-€35,860
Investment (derived)
+€208
Investment in fixed assets (net)
+€208
Financing
-€405,971
Debts after one year
-€353,740
Current portion of long-term debt
-€21,579
Contributions, distributions and other
-€30,652
Cash 2025
€135,758
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,014,073 | €3,518,136 | -€495,937 | -12.4% |
| Fixed assets | 21/28 | €2,068,397 | €1,633,175 | -€435,222 | -21.0% |
| Tangible fixed assets | 22/27 | €1,362,467 | €927,245 | -€435,222 | -31.9% |
| Plant, machinery and equipment | 23 | €25,001 | €19,407 | -€5,593 | -22.4% |
| Furniture and vehicles | 24 | €209,349 | €112,057 | -€97,292 | -46.5% |
| Leasing and similar rights | 25 | €1,128,117 | €795,780 | -€332,336 | -29.5% |
| Financial fixed assets | 28 | €705,930 | €705,930 | = | 0.0% |
| Affiliated companies | 280/1 | €700,000 | €700,000 | = | 0.0% |
| Amounts receivable | 281 | €700,000 | €700,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €5,930 | €5,930 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €5,930 | €5,930 | = | 0.0% |
| Current assets | 29/58 | €1,945,676 | €1,884,961 | -€60,715 | -3.1% |
| Stocks and contracts in progress | 3 | €46,068 | €34,099 | -€11,969 | -26.0% |
| Stocks | 30/36 | €46,068 | €34,099 | -€11,969 | -26.0% |
| Raw materials and consumables | 30/31 | €46,068 | €34,099 | -€11,969 | -26.0% |
| Amounts receivable within one year | 40/41 | €1,617,138 | €1,678,328 | +€61,190 | +3.8% |
| Trade receivables | 40 | €1,356,182 | €1,249,234 | -€106,949 | -7.9% |
| Other amounts receivable | 41 | €260,956 | €429,095 | +€168,138 | +64.4% |
| Cash at bank and in hand | 54/58 | €209,232 | €135,758 | -€73,474 | -35.1% |
| Deferred charges and accrued income | 490/1 | €73,238 | €36,776 | -€36,462 | -49.8% |
| Total equity and liabilities | 10/49 | €4,014,073 | €3,518,136 | -€495,937 | -12.4% |
| Equity | 10/15 | €2,158,275 | €2,199,514 | +€41,239 | +1.9% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €1,954,466 | €2,026,357 | +€71,891 | +3.7% |
| Tax-exempt reserves | 132 | €56,936 | €56,936 | = | 0.0% |
| Distributable reserves | 133 | €1,897,530 | €1,969,421 | +€71,891 | +3.8% |
| Investment grants | 15 | €143,809 | €113,157 | -€30,652 | -21.3% |
| Amounts payable | 17/49 | €1,855,798 | €1,318,622 | -€537,176 | -28.9% |
| Amounts payable after more than one year | 17 | €847,133 | €493,393 | -€353,740 | -41.8% |
| Financial debts | 170/4 | €847,133 | €493,393 | -€353,740 | -41.8% |
| Leasing and similar obligations | 172 | €819,822 | €493,393 | -€326,429 | -39.8% |
| Credit institutions | 173 | €27,311 | €0 | -€27,311 | -100.0% |
| Amounts payable within one year | 42/48 | €1,008,665 | €825,229 | -€183,436 | -18.2% |
| Current portion of amounts payable after more than one year | 42 | €375,319 | €353,740 | -€21,579 | -5.7% |
| Trade debts | 44 | €400,895 | €274,898 | -€125,997 | -31.4% |
| Suppliers | 440/4 | €400,895 | €274,898 | -€125,997 | -31.4% |
| Taxes, remuneration and social security | 45 | €232,451 | €196,591 | -€35,860 | -15.4% |
| Taxes | 450/3 | €16,755 | €12,748 | -€4,007 | -23.9% |
| Remuneration and social security | 454/9 | €215,695 | €183,842 | -€31,853 | -14.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Operating income | 70/76A | €5,122,021 | €4,345,614 | -€776,407 | -15.2% |
| Turnover | 70 | €4,237,623 | €3,437,814 | -€799,810 | -18.9% |
| Other operating income | 74 | €846,867 | €882,655 | +€35,788 | +4.2% |
| Non-recurring operating income | 76A | €37,530 | €25,145 | -€12,385 | -33.0% |
| Operating charges | 60/66A | €4,489,978 | €4,266,930 | -€223,047 | -5.0% |
| Goods for resale, raw materials and consumables | 60 | €1,313,761 | €1,229,216 | -€84,545 | -6.4% |
| Purchases | 600/8 | €1,323,911 | €1,217,247 | -€106,663 | -8.1% |
| Change in stocks: decrease (increase) | 609 | -€10,149 | €11,969 | +€22,118 | |
| Services and other goods | 61 | €881,974 | €968,545 | +€86,571 | +9.8% |
| Remuneration, social security and pensions | 62 | €1,835,848 | €1,604,139 | -€231,709 | -12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €425,831 | €435,014 | +€9,182 | +2.2% |
| Other operating charges | 640/8 | €32,314 | €29,794 | -€2,520 | -7.8% |
| Non-recurring operating charges | 66A | €250 | €223 | -€27 | -10.6% |
| Operating profit (loss) | 9901 | €632,043 | €78,684 | -€553,359 | -87.6% |
| Financial income | 75/76B | €26,779 | €58,652 | +€31,873 | +119.0% |
| Recurring financial income | 75 | €26,779 | €58,652 | +€31,873 | +119.0% |
| Income from financial fixed assets | 750 | €12,625 | €28,000 | +€15,375 | +121.8% |
| Income from current assets | 751 | €4,625 | €0 | -€4,625 | -100.0% |
| Other financial income | 752/9 | €9,530 | €30,652 | +€21,122 | +221.6% |
| Financial charges | 65/66B | €53,677 | €50,419 | -€3,258 | -6.1% |
| Recurring financial charges | 65 | €53,177 | €50,419 | -€2,758 | -5.2% |
| Debt charges | 650 | €48,751 | €45,971 | -€2,780 | -5.7% |
| Other financial charges | 652/9 | €4,426 | €4,448 | +€22 | +0.5% |
| Non-recurring financial charges | 66B | €500 | €0 | -€500 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €605,146 | €86,917 | -€518,228 | -85.6% |
| Income taxes | 67/77 | €119,295 | €15,026 | -€104,268 | -87.4% |
| Taxes | 670/3 | €119,295 | €15,026 | -€104,268 | -87.4% |
| Profit (loss) for the period | 9904 | €485,851 | €71,891 | -€413,960 | -85.2% |
| Profit (loss) for the period to be appropriated | 9905 | €485,851 | €71,891 | -€413,960 | -85.2% |
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 7 October 2026 via checked.be.