DEVOS AGRI: 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
DEVOS AGRI
NACE 28.300, Manufacture of machinery and equipment not elsewhere classified
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€221,542
2024 · €192,486-€414,028
Equity
€2.7m
2024 · €3.1m-€413,062
Cash
€314,304
2024 · €361,204-€46,901
Balance sheet total
€4.8m
2024 · €5.0m-€167,930
Largest movements
Assets
- Stocks and contracts +€312,343
up €312,343 (+15.0%), from €2.1m to €2.4m
- Receivables within one year -€241,937
down €241,937 (-20.9%), from €1.2m to €914,714
of which Trade receivables: -€377,001
- Current investments -€225,000
down €225,000 (-20.0%), from €1.1m to €900,000
Equity and liabilities
- Profit (loss) carried forward -€411,864
down €411,864 (-13.2%), from €3.1m to €2.7m
- Other debts +€375,009
up €375,009 (+30.2%), from €1.2m to €1.6m
- Trade debts -€115,731
down €115,731 (-48.2%), from €239,995 to €124,264
Income statement
- Gross operating margin -€441,764
down €441,764 (-18.4%), from €2.4m to €2.0m
- Taxes -€74,186
down €74,186 (-99.2%), from €74,812 to €626
- Staff costs +€46,478
up €46,478 (+2.3%), from €2.0m to €2.1m
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
€192,486
Gross operating margin
-€441,764
Staff costs
-€46,478
Depreciation
+€6,645
Write-downs
-€3,433
Other operating charges
-€5,630
Financial income
+€937
Financial charges
+€1,509
Taxes
+€74,186
Result 2025
-€221,542
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
+€38,843
Investment
+€96,781
Financing
-€182,525
Cash 2024
€361,204
From operations (derived)
+€38,843
Net result for the year
-€221,542
Depreciation
+€89,943
Stocks and contracts
-€312,343
Receivables within one year
+€241,937
Deferred charges and accrued income
+€4,711
Trade debts
-€115,731
Tax, wage and social debts
-€595
Other debts
+€375,009
Accrued charges and deferred income
-€22,546
Investment (derived)
+€96,781
Investment in fixed assets (net)
-€128,219
Current investments
+€225,000
Financing
-€182,525
Debts after one year
+€5,062
Current portion of long-term debt
+€3,932
Contributions, distributions and other
-€191,519
Cash 2025
€314,304
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,990,916 | €4,822,986 | -€167,930 | -3.4% |
| Fixed assets | 21/28 | €259,877 | €298,153 | +€38,275 | +14.7% |
| Intangible fixed assets | 21 | €12,381 | €9,539 | -€2,842 | -23.0% |
| Tangible fixed assets | 22/27 | €247,496 | €288,614 | +€41,118 | +16.6% |
| Plant, machinery and equipment | 23 | €161,692 | €136,999 | -€24,693 | -15.3% |
| Furniture and vehicles | 24 | €77,025 | €123,251 | +€46,226 | +60.0% |
| Leasing and similar rights | 25 | €8,779 | €16,832 | +€8,053 | +91.7% |
| Assets under construction and advance payments | 27 | - | €11,532 | +€11,532 | |
| Current assets | 29/58 | €4,731,038 | €4,524,833 | -€206,205 | -4.4% |
| Stocks and contracts in progress | 3 | €2,079,788 | €2,392,131 | +€312,343 | +15.0% |
| Stocks | 30/36 | €2,079,788 | €2,392,131 | +€312,343 | +15.0% |
| Amounts receivable within one year | 40/41 | €1,156,650 | €914,714 | -€241,937 | -20.9% |
| Trade receivables | 40 | €1,043,044 | €666,042 | -€377,001 | -36.1% |
| Other amounts receivable | 41 | €113,607 | €248,671 | +€135,064 | +118.9% |
| Current investments | 50/53 | €1,125,000 | €900,000 | -€225,000 | -20.0% |
| Cash at bank and in hand | 54/58 | €361,204 | €314,304 | -€46,901 | -13.0% |
| Deferred charges and accrued income | 490/1 | €8,395 | €3,684 | -€4,711 | -56.1% |
| Total equity and liabilities | 10/49 | €4,990,916 | €4,822,986 | -€167,930 | -3.4% |
| Equity | 10/15 | €3,148,437 | €2,735,376 | -€413,062 | -13.1% |
| Contributions | 10/11 | €20,000 | €18,912 | -€1,088 | -5.4% |
| Reserves | 13 | €2,000 | €1,891 | -€109 | -5.4% |
| Distributable reserves | 133 | €2,000 | €1,891 | -€109 | -5.4% |
| Profit (loss) carried forward | 14 | €3,126,437 | €2,714,573 | -€411,864 | -13.2% |
| Amounts payable | 17/49 | €1,842,478 | €2,087,610 | +€245,132 | +13.3% |
| Amounts payable after more than one year | 17 | €6,333 | €11,395 | +€5,062 | +79.9% |
| Financial debts | 170/4 | €6,333 | €11,395 | +€5,062 | +79.9% |
| Amounts payable within one year | 42/48 | €1,806,005 | €2,068,620 | +€262,616 | +14.5% |
| Current portion of amounts payable after more than one year | 42 | €2,467 | €6,399 | +€3,932 | +159.4% |
| Trade debts | 44 | €239,995 | €124,264 | -€115,731 | -48.2% |
| Suppliers | 440/4 | €239,995 | €124,264 | -€115,731 | -48.2% |
| Taxes, remuneration and social security | 45 | €321,997 | €321,402 | -€595 | -0.2% |
| Taxes | 450/3 | €35,874 | €61,303 | +€25,429 | +70.9% |
| Remuneration and social security | 454/9 | €286,122 | €260,098 | -€26,024 | -9.1% |
| Other amounts payable | 47/48 | €1,241,546 | €1,616,555 | +€375,009 | +30.2% |
| Accrued charges and deferred income | 492/3 | €30,141 | €7,595 | -€22,546 | -74.8% |
| Non-recurring operating income | 76A | - | €22,934 | +€22,934 | |
| Remuneration, social security and pensions | 62 | €2,018,569 | €2,065,047 | +€46,478 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €96,589 | €89,943 | -€6,645 | -6.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,940 | €10,372 | +€3,433 | +49.5% |
| Other operating charges | 640/8 | €40,442 | €46,073 | +€5,630 | +13.9% |
| Gross operating margin | 9900 | €2,397,618 | €1,955,854 | -€441,764 | -18.4% |
| Operating profit (loss) | 9901 | €235,079 | -€255,581 | -€490,659 | |
| Financial income | 75/76B | €64,984 | €65,920 | +€937 | +1.4% |
| Recurring financial income | 75 | €64,984 | €65,920 | +€937 | +1.4% |
| Financial charges | 65/66B | €32,764 | €31,256 | -€1,509 | -4.6% |
| Recurring financial charges | 65 | €32,764 | €31,256 | -€1,509 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | €267,298 | -€220,916 | -€488,214 | |
| Income taxes | 67/77 | €74,812 | €626 | -€74,186 | -99.2% |
| Profit (loss) for the period | 9904 | €192,486 | -€221,542 | -€414,028 | |
| Profit (loss) for the period to be appropriated | 9905 | €192,486 | -€221,542 | -€414,028 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.