DEVOS ALGEMENE HOUTWERKEN: what changed
What changed
DEVOS ALGEMENE HOUTWERKEN
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
€129,144
2024 · €169,294-€40,150
Equity
€842,441
2024 · €713,297+€129,144
Cash
€100,933
2024 · €205,891-€104,957
Balance sheet total
€1.4m
2024 · €1.1m+€320,036
Largest movements
Assets
- Tangible fixed assets +€246,469
up €246,469 (+68.5%), from €359,590 to €606,059
of which Plant, machinery and equipment: +€306,982
- Receivables within one year +€118,884
up €118,884 (+43.4%), from €273,954 to €392,838
of which Trade receivables: +€62,160
- Cash -€104,957
down €104,957 (-51.0%), from €205,891 to €100,933
mainly Investment in fixed assets (net) (-€351,166) and Receivables within one year (-€118,884)
- Stocks and contracts +€63,689
up €63,689 (+28.6%), from €222,703 to €286,393
Equity and liabilities
- Debts after one year +€222,454
up €222,454 (+327%), from €68,122 to €290,576
- Reserves +€129,144
up €129,144 (+19.1%), from €675,380 to €804,524
of which Distributable reserves: +€129,144
- Trade debts -€36,270
down €36,270 (-18.0%), from €201,619 to €165,349
Income statement
- Staff costs +€36,976
up €36,976 (+7.3%), from €506,368 to €543,344
- Taxes -€22,893
down €22,893 (-44.7%), from €51,221 to €28,327
- Financial income -€17,686
down €17,686 (-90.3%), from €19,580 to €1,894
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€169,294
Gross operating margin
-€928
Staff costs
-€36,976
Depreciation
-€1,395
Other operating charges
-€80
Financial income
-€17,686
Financial charges
-€5,979
Taxes
+€22,893
Result 2025
€129,144
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€15,268
Investment
-€351,166
Financing
+€230,940
Cash 2024
€205,891
From operations (derived)
+€15,268
Net result for the year
+€129,144
Depreciation
+€107,385
Receivables after one year
+€8,139
Stocks and contracts
-€63,689
Receivables within one year
-€118,884
Deferred charges and accrued income
-€6,779
Trade debts
-€36,270
Tax, wage and social debts
-€4,139
Other debts
+€360
Investment (derived)
-€351,166
Investment in fixed assets (net)
-€351,166
Financing
+€230,940
Debts after one year
+€222,454
Current portion of long-term debt
+€8,391
Short-term financial debts
+€95
Cash 2025
€100,933
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,124,495 | €1,444,531 | +€320,036 | +28.5% |
| Fixed assets | 21/28 | €378,023 | €621,804 | +€243,781 | +64.5% |
| Intangible fixed assets | 21 | €8,933 | €6,245 | -€2,688 | -30.1% |
| Tangible fixed assets | 22/27 | €359,590 | €606,059 | +€246,469 | +68.5% |
| Land and buildings | 22 | €189,624 | €173,479 | -€16,145 | -8.5% |
| Plant, machinery and equipment | 23 | €77,963 | €384,945 | +€306,982 | +394% |
| Furniture and vehicles | 24 | €92,003 | €47,634 | -€44,369 | -48.2% |
| Financial fixed assets | 28 | €9,500 | €9,500 | = | 0.0% |
| Current assets | 29/58 | €746,473 | €822,728 | +€76,255 | +10.2% |
| Amounts receivable after more than one year | 29 | €37,863 | €29,724 | -€8,139 | -21.5% |
| Other amounts receivable | 291 | €37,863 | €29,724 | -€8,139 | -21.5% |
| Stocks and contracts in progress | 3 | €222,703 | €286,393 | +€63,689 | +28.6% |
| Stocks | 30/36 | €222,703 | €286,393 | +€63,689 | +28.6% |
| Amounts receivable within one year | 40/41 | €273,954 | €392,838 | +€118,884 | +43.4% |
| Trade receivables | 40 | €221,901 | €284,061 | +€62,160 | +28.0% |
| Other amounts receivable | 41 | €52,053 | €108,777 | +€56,724 | +109% |
| Cash at bank and in hand | 54/58 | €205,891 | €100,933 | -€104,957 | -51.0% |
| Deferred charges and accrued income | 490/1 | €6,061 | €12,840 | +€6,779 | +112% |
| Total equity and liabilities | 10/49 | €1,124,495 | €1,444,531 | +€320,036 | +28.5% |
| Equity | 10/15 | €713,297 | €842,441 | +€129,144 | +18.1% |
| Contributions | 10/11 | €37,917 | €37,917 | = | 0.0% |
| Reserves | 13 | €675,380 | €804,524 | +€129,144 | +19.1% |
| Tax-exempt reserves | 132 | €8,923 | €8,923 | = | 0.0% |
| Distributable reserves | 133 | €666,456 | €795,600 | +€129,144 | +19.4% |
| Amounts payable | 17/49 | €411,199 | €602,090 | +€190,892 | +46.4% |
| Amounts payable after more than one year | 17 | €68,122 | €290,576 | +€222,454 | +327% |
| Financial debts | 170/4 | €68,122 | €290,576 | +€222,454 | +327% |
| Amounts payable within one year | 42/48 | €343,077 | €311,514 | -€31,563 | -9.2% |
| Current portion of amounts payable after more than one year | 42 | €90,128 | €98,519 | +€8,391 | +9.3% |
| Financial debts | 43 | €29,246 | €29,342 | +€95 | +0.3% |
| Credit institutions | 430/8 | €29,246 | €29,342 | +€95 | +0.3% |
| Trade debts | 44 | €201,619 | €165,349 | -€36,270 | -18.0% |
| Suppliers | 440/4 | €201,619 | €165,349 | -€36,270 | -18.0% |
| Taxes, remuneration and social security | 45 | €20,471 | €16,332 | -€4,139 | -20.2% |
| Taxes | 450/3 | €1,181 | - | -€1,181 | |
| Remuneration and social security | 454/9 | €19,290 | €16,332 | -€2,958 | -15.3% |
| Other amounts payable | 47/48 | €1,613 | €1,973 | +€360 | +22.3% |
| Non-recurring operating income | 76A | €13,575 | - | -€13,575 | |
| Remuneration, social security and pensions | 62 | €506,368 | €543,344 | +€36,976 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,991 | €107,385 | +€1,395 | +1.3% |
| Other operating charges | 640/8 | €8,499 | €8,579 | +€80 | +0.9% |
| Gross operating margin | 9900 | €829,793 | €828,865 | -€928 | -0.1% |
| Operating profit (loss) | 9901 | €208,936 | €169,557 | -€39,379 | -18.8% |
| Financial income | 75/76B | €19,580 | €1,894 | -€17,686 | -90.3% |
| Recurring financial income | 75 | €19,580 | €1,894 | -€17,686 | -90.3% |
| Financial charges | 65/66B | €8,001 | €13,980 | +€5,979 | +74.7% |
| Recurring financial charges | 65 | €8,001 | €13,980 | +€5,979 | +74.7% |
| Profit (loss) for the period before taxes | 9903 | €220,515 | €157,471 | -€63,043 | -28.6% |
| Income taxes | 67/77 | €51,221 | €28,327 | -€22,893 | -44.7% |
| Profit (loss) for the period | 9904 | €169,294 | €129,144 | -€40,150 | -23.7% |
| Profit (loss) for the period to be appropriated | 9905 | €169,294 | €129,144 | -€40,150 | -23.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.