DEVOS - DE BUCK: 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.
DEVOS - DE BUCK
Largest movements
- Receivables within one year -€151,074
down €151,074 (-84.0%), from €179,817 to €28,743
of which Other amounts receivable: -€151,074
- Cash +€43,819
up €43,819 (+79.8%), from €54,890 to €98,709
mainly Receivables within one year (+€151,074) and Net result for the year (+€75,760)
- Tangible fixed assets -€22,044
down €22,044 (-5.1%), from €429,514 to €407,469
- Contributions -€724,476
down €724,476 (-71.7%), from €1.0m to €286,124
- Profit (loss) carried forward +€598,236
up €598,236, from -€559,356 to €38,880
- Tax, wage and social debts -€51,158
down €51,158 (-27.9%), from €183,408 to €132,250
- Other debts +€50,000
new in 2025: €50,000
- Gross operating margin -€34,321
down €34,321 (-20.3%), from €169,241 to €134,920
- Provisions +€20,076
up €20,076, from -€20,076 to €0
- Taxes -€19,396
down €19,396 (-44.9%), from €43,238 to €23,842
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 | €676,220 | €547,922 | -€128,299 | -19.0% |
| Fixed assets | 21/28 | €429,514 | €407,469 | -€22,044 | -5.1% |
| Tangible fixed assets | 22/27 | €429,514 | €407,469 | -€22,044 | -5.1% |
| Land and buildings | 22 | €429,514 | €407,469 | -€22,044 | -5.1% |
| Current assets | 29/58 | €246,707 | €140,452 | -€106,255 | -43.1% |
| Amounts receivable within one year | 40/41 | €179,817 | €28,743 | -€151,074 | -84.0% |
| Trade receivables | 40 | €28,612 | €28,612 | = | 0.0% |
| Other amounts receivable | 41 | €151,205 | €132 | -€151,074 | -99.9% |
| Cash at bank and in hand | 54/58 | €54,890 | €98,709 | +€43,819 | +79.8% |
| Deferred charges and accrued income | 490/1 | €12,000 | €13,000 | +€1,000 | +8.3% |
| Total equity and liabilities | 10/49 | €676,220 | €547,922 | -€128,299 | -19.0% |
| Equity | 10/15 | €451,312 | €325,072 | -€126,240 | -28.0% |
| Contributions | 10/11 | €1,010,600 | €286,124 | -€724,476 | -71.7% |
| Capital | 10 | €1,010,600 | €286,124 | -€724,476 | -71.7% |
| Issued capital | 100 | €1,010,600 | €286,124 | -€724,476 | -71.7% |
| Reserves | 13 | €68 | €68 | = | 0.0% |
| Non-distributable reserves | 130/1 | €68 | €68 | = | 0.0% |
| Legal reserve | 130 | €68 | €68 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€559,356 | €38,880 | +€598,236 | |
| Provisions and deferred taxes | 16 | €27,500 | €27,500 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €27,500 | €27,500 | = | 0.0% |
| Environmental obligations | 163 | €27,500 | €27,500 | = | 0.0% |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Amounts payable | 17/49 | €197,408 | €195,350 | -€2,058 | -1.0% |
| Amounts payable within one year | 42/48 | €185,408 | €182,350 | -€3,058 | -1.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €2,000 | €100 | -€1,901 | -95.0% |
| Suppliers | 440/4 | €2,000 | €100 | -€1,901 | -95.0% |
| Taxes, remuneration and social security | 45 | €183,408 | €132,250 | -€51,158 | -27.9% |
| Taxes | 450/3 | €183,408 | €132,250 | -€51,158 | -27.9% |
| Other amounts payable | 47/48 | - | €50,000 | +€50,000 | |
| Accrued charges and deferred income | 492/3 | €12,000 | €13,000 | +€1,000 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,044 | €22,044 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €132 | €0 | -€132 | -100.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€20,076 | €0 | +€20,076 | |
| Other operating charges | 640/8 | €12,584 | €13,985 | +€1,401 | +11.1% |
| Gross operating margin | 9900 | €169,241 | €134,920 | -€34,321 | -20.3% |
| Operating profit (loss) | 9901 | €154,557 | €98,890 | -€55,666 | -36.0% |
| Financial income | 75/76B | - | €926 | +€926 | |
| Recurring financial income | 75 | - | €926 | +€926 | |
| Financial charges | 65/66B | €983 | €215 | -€768 | -78.2% |
| Recurring financial charges | 65 | €983 | €215 | -€768 | -78.2% |
| Profit (loss) for the period before taxes | 9903 | €153,574 | €99,602 | -€53,972 | -35.1% |
| Income taxes | 67/77 | €43,238 | €23,842 | -€19,396 | -44.9% |
| Profit (loss) for the period | 9904 | €110,336 | €75,760 | -€34,576 | -31.3% |
| Profit (loss) for the period to be appropriated | 9905 | €110,336 | €75,760 | -€34,576 | -31.3% |
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.