DEVOS: 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.
DEVOS
Largest movements
- Receivables within one year +€80,036
up €80,036 (+1228.3%), from €6,516 to €86,552
of which Trade receivables: +€80,146
- Tangible fixed assets +€29,114
up €29,114 (+15.3%), from €190,573 to €219,687
of which Leasing and similar rights: +€108,947
- Deferred charges and accrued income +€8,531
up €8,531 (+870.0%), from €981 to €9,511
- Profit (loss) carried forward +€169,332
up €169,332 (+11.0%), from -€1.5m to -€1.4m
- Other debts -€139,025
down €139,025 (-62.0%), from €224,092 to €85,066
- Debts after one year +€33,186
up €33,186 (+4.4%), from €750,000 to €783,186
- Tax, wage and social debts +€28,829
up €28,829 (+154.4%), from €18,676 to €47,505
of which Taxes: +€29,799
- Trade debts +€16,473
up €16,473 (+1123.9%), from €1,466 to €17,939
- Gross operating margin +€185,089
up €185,089 (+241.4%), from €76,687 to €261,776
- Staff costs -€17,611
down €17,611, from €17,234 to -€376
- Depreciation -€14,039
down €14,039 (-35.8%), from €39,248 to €25,209
- Financial income -€5,716
down €5,716 (-95.8%), from €5,968 to €252
- Other operating charges +€5,691
up €5,691 (+32.9%), from €17,316 to €23,008
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 | €203,933 | €321,667 | +€117,733 | +57.7% |
| Fixed assets | 21/28 | €191,343 | €219,687 | +€28,345 | +14.8% |
| Tangible fixed assets | 22/27 | €190,573 | €219,687 | +€29,114 | +15.3% |
| Land and buildings | 22 | €127,099 | €106,195 | -€20,904 | -16.4% |
| Plant, machinery and equipment | 23 | €152 | €0 | -€152 | -100.0% |
| Furniture and vehicles | 24 | €63,322 | €4,545 | -€58,777 | -92.8% |
| Leasing and similar rights | 25 | - | €108,947 | +€108,947 | |
| Financial fixed assets | 28 | €769 | €0 | -€769 | -100.0% |
| Current assets | 29/58 | €12,591 | €101,979 | +€89,388 | +710.0% |
| Amounts receivable within one year | 40/41 | €6,516 | €86,552 | +€80,036 | +1228.3% |
| Trade receivables | 40 | €6,336 | €86,481 | +€80,146 | +1265.0% |
| Other amounts receivable | 41 | €180 | €71 | -€109 | -60.6% |
| Cash at bank and in hand | 54/58 | €5,094 | €5,916 | +€821 | +16.1% |
| Deferred charges and accrued income | 490/1 | €981 | €9,511 | +€8,531 | +870.0% |
| Total equity and liabilities | 10/49 | €203,933 | €321,667 | +€117,733 | +57.7% |
| Equity | 10/15 | -€793,758 | -€624,425 | +€169,333 | +21.3% |
| Contributions | 10/11 | €733,592 | €733,593 | +€1 | 0.0% |
| Reserves | 13 | €8,927 | €8,927 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €0 | -€1,859 | -100.0% |
| Reserves not available under the articles | 1311 | €1,859 | €0 | -€1,859 | -100.0% |
| Tax-exempt reserves | 132 | €67 | €67 | = | 0.0% |
| Distributable reserves | 133 | €7,000 | €8,859 | +€1,859 | +26.6% |
| Profit (loss) carried forward | 14 | -€1,536,276 | -€1,366,944 | +€169,332 | +11.0% |
| Investment grants | 15 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €1 | €0 | -€1 | -100.0% |
| Deferred taxes | 168 | €1 | €0 | -€1 | -100.0% |
| Amounts payable | 17/49 | €997,690 | €946,091 | -€51,599 | -5.2% |
| Amounts payable after more than one year | 17 | €750,000 | €783,186 | +€33,186 | +4.4% |
| Financial debts | 170/4 | €750,000 | €783,186 | +€33,186 | +4.4% |
| Amounts payable within one year | 42/48 | €245,280 | €162,517 | -€82,764 | -33.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | €11,312 | +€11,312 | |
| Trade debts | 44 | €1,466 | €17,939 | +€16,473 | +1123.9% |
| Suppliers | 440/4 | €1,466 | €17,939 | +€16,473 | +1123.9% |
| Advances received on contracts in progress | 46 | €1,047 | €694 | -€353 | -33.7% |
| Taxes, remuneration and social security | 45 | €18,676 | €47,505 | +€28,829 | +154.4% |
| Taxes | 450/3 | €17,096 | €46,895 | +€29,799 | +174.3% |
| Remuneration and social security | 454/9 | €1,580 | €610 | -€970 | -61.4% |
| Other amounts payable | 47/48 | €224,092 | €85,066 | -€139,025 | -62.0% |
| Accrued charges and deferred income | 492/3 | €2,410 | €388 | -€2,022 | -83.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €17,234 | -€376 | -€17,611 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,248 | €25,209 | -€14,039 | -35.8% |
| Other operating charges | 640/8 | €17,316 | €23,008 | +€5,691 | +32.9% |
| Non-recurring operating charges | 66A | €167,812 | €8,720 | -€159,092 | -94.8% |
| Gross operating margin | 9900 | €76,687 | €261,776 | +€185,089 | +241.4% |
| Operating profit (loss) | 9901 | -€164,923 | €205,216 | +€370,139 | |
| Financial income | 75/76B | €5,968 | €252 | -€5,716 | -95.8% |
| Recurring financial income | 75 | €5,968 | €252 | -€5,716 | -95.8% |
| Financial charges | 65/66B | €36,175 | €35,813 | -€362 | -1.0% |
| Recurring financial charges | 65 | €36,175 | €35,813 | -€362 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | -€195,131 | €169,655 | +€364,785 | |
| Transfer from deferred taxes | 780 | €2,509 | €1 | -€2,509 | -100.0% |
| Income taxes | 67/77 | €194 | €323 | +€129 | +66.2% |
| Profit (loss) for the period | 9904 | -€192,816 | €169,332 | +€362,148 | |
| Profit (loss) for the period to be appropriated | 9905 | -€192,816 | €169,332 | +€362,148 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.