DEVOS DECORATIE: 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 DECORATIE
Largest movements
- Cash +€49,845
up €49,845 (+366.1%), from €13,614 to €63,459
mainly Net result for the year (+€39,881) and Other debts (+€33,366)
- Receivables within one year -€20,100
down €20,100 (-68.5%), from €29,362 to €9,261
of which Trade receivables: -€16,094
- Stocks and contracts -€8,017
down €8,017 (-63.7%), from €12,576 to €4,559
- Deferred charges and accrued income -€2,216
down €2,216 (-87.7%), from €2,527 to €312
- Tangible fixed assets +€1,982
up €1,982 (+60.7%), from €3,263 to €5,244
of which Plant, machinery and equipment: +€2,504
- Other debts +€33,366
up €33,366 (+3027.0%), from €1,102 to €34,468
- Reserves -€7,183
down €7,183 (-15.3%), from €47,064 to €39,881
- Trade debts -€4,043
down €4,043 (-43.0%), from €9,398 to €5,355
- Tax, wage and social debts -€905
down €905 (-34.7%), from €2,605 to €1,700
of which Taxes: -€1,177
- Gross operating margin +€41,530
up €41,530 (+278.0%), from €14,936 to €56,466
- Taxes +€10,618
up €10,618 (+333.4%), from €3,185 to €13,803
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 | €62,169 | €83,404 | +€21,234 | +34.2% |
| Fixed assets | 21/28 | €4,091 | €5,812 | +€1,722 | +42.1% |
| Intangible fixed assets | 21 | €828 | €568 | -€260 | -31.4% |
| Tangible fixed assets | 22/27 | €3,263 | €5,244 | +€1,982 | +60.7% |
| Plant, machinery and equipment | 23 | €2,741 | €5,244 | +€2,504 | +91.4% |
| Furniture and vehicles | 24 | €522 | - | -€522 | |
| Current assets | 29/58 | €58,079 | €77,591 | +€19,513 | +33.6% |
| Stocks and contracts in progress | 3 | €12,576 | €4,559 | -€8,017 | -63.7% |
| Stocks | 30/36 | €12,576 | €4,559 | -€8,017 | -63.7% |
| Amounts receivable within one year | 40/41 | €29,362 | €9,261 | -€20,100 | -68.5% |
| Trade receivables | 40 | €24,049 | €7,955 | -€16,094 | -66.9% |
| Other amounts receivable | 41 | €5,313 | €1,307 | -€4,006 | -75.4% |
| Cash at bank and in hand | 54/58 | €13,614 | €63,459 | +€49,845 | +366.1% |
| Deferred charges and accrued income | 490/1 | €2,527 | €312 | -€2,216 | -87.7% |
| Total equity and liabilities | 10/49 | €62,169 | €83,404 | +€21,234 | +34.2% |
| Equity | 10/15 | €49,064 | €41,881 | -€7,183 | -14.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €47,064 | €39,881 | -€7,183 | -15.3% |
| Distributable reserves | 133 | €47,064 | €39,881 | -€7,183 | -15.3% |
| Amounts payable | 17/49 | €13,105 | €41,523 | +€28,417 | +216.8% |
| Amounts payable within one year | 42/48 | €13,105 | €41,523 | +€28,417 | +216.8% |
| Trade debts | 44 | €9,398 | €5,355 | -€4,043 | -43.0% |
| Suppliers | 440/4 | €9,398 | €5,355 | -€4,043 | -43.0% |
| Taxes, remuneration and social security | 45 | €2,605 | €1,700 | -€905 | -34.7% |
| Taxes | 450/3 | €1,477 | €300 | -€1,177 | -79.7% |
| Remuneration and social security | 454/9 | €1,128 | €1,400 | +€272 | +24.1% |
| Other amounts payable | 47/48 | €1,102 | €34,468 | +€33,366 | +3027.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,195 | €1,352 | +€157 | +13.1% |
| Other operating charges | 640/8 | €872 | €1,025 | +€153 | +17.5% |
| Non-recurring operating charges | 66A | - | €522 | +€522 | |
| Gross operating margin | 9900 | €14,936 | €56,466 | +€41,530 | +278.0% |
| Operating profit (loss) | 9901 | €12,870 | €53,568 | +€40,698 | +316.2% |
| Financial income | 75/76B | €83 | €283 | +€200 | +241.1% |
| Recurring financial income | 75 | €83 | €283 | +€200 | +241.1% |
| Financial charges | 65/66B | €211 | €167 | -€44 | -20.8% |
| Recurring financial charges | 65 | €211 | €167 | -€44 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €12,742 | €53,684 | +€40,942 | +321.3% |
| Income taxes | 67/77 | €3,185 | €13,803 | +€10,618 | +333.4% |
| Profit (loss) for the period | 9904 | €9,557 | €39,881 | +€30,324 | +317.3% |
| Profit (loss) for the period to be appropriated | 9905 | €9,557 | €39,881 | +€30,324 | +317.3% |
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.