Devos Gerda: 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 Gerda
Largest movements
- Tangible fixed assets +€41,327
up €41,327 (+149.5%), from €27,651 to €68,977
of which Furniture and vehicles: +€42,682
- Receivables within one year +€2,944
up €2,944 (+32.9%), from €8,956 to €11,900
- Cash +€1,066
up €1,066 (+18.0%), from €5,924 to €6,990
mainly Other debts (+€28,036) and Depreciation (+€19,862)
- Other debts +€28,036
up €28,036 (+25.7%), from €108,892 to €136,929
- Profit (loss) carried forward +€16,487
up €16,487 (+14.8%), from -€111,364 to -€94,877
- Tax, wage and social debts +€2,866
up €2,866 (+370.6%), from €773 to €3,639
- Trade debts -€1,327
down €1,327 (-61.0%), from €2,176 to €849
- Gross operating margin +€22,031
up €22,031 (+79.0%), from €27,873 to €49,904
- Taxes +€5,566
up €5,566 (+96.4%), from €5,773 to €11,339
- Depreciation +€1,940
up €1,940 (+10.8%), from €17,922 to €19,862
- Financial charges +€1,345
up €1,345 (+278.0%), from €484 to €1,829
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €42,878 | €88,939 | +€46,062 | +107.4% |
| Fixed assets | 21/28 | €27,651 | €68,977 | +€41,327 | +149.5% |
| Tangible fixed assets | 22/27 | €27,651 | €68,977 | +€41,327 | +149.5% |
| Land and buildings | 22 | €2,555 | €1,199 | -€1,356 | -53.1% |
| Furniture and vehicles | 24 | €25,096 | €67,778 | +€42,682 | +170.1% |
| Current assets | 29/58 | €15,227 | €19,962 | +€4,735 | +31.1% |
| Amounts receivable within one year | 40/41 | €8,956 | €11,900 | +€2,944 | +32.9% |
| Trade receivables | 40 | €8,956 | €11,900 | +€2,944 | +32.9% |
| Cash at bank and in hand | 54/58 | €5,924 | €6,990 | +€1,066 | +18.0% |
| Deferred charges and accrued income | 490/1 | €347 | €1,072 | +€725 | +209.2% |
| Total equity and liabilities | 10/49 | €42,878 | €88,939 | +€46,062 | +107.4% |
| Equity | 10/15 | -€98,964 | -€82,477 | +€16,487 | +16.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€111,364 | -€94,877 | +€16,487 | +14.8% |
| Provisions and deferred taxes | 16 | €30,000 | €30,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €30,000 | €30,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €30,000 | €30,000 | = | 0.0% |
| Amounts payable | 17/49 | €111,841 | €141,416 | +€29,575 | +26.4% |
| Amounts payable within one year | 42/48 | €111,841 | €141,416 | +€29,575 | +26.4% |
| Trade debts | 44 | €2,176 | €849 | -€1,327 | -61.0% |
| Suppliers | 440/4 | €2,176 | €849 | -€1,327 | -61.0% |
| Taxes, remuneration and social security | 45 | €773 | €3,639 | +€2,866 | +370.6% |
| Taxes | 450/3 | €773 | €3,639 | +€2,866 | +370.6% |
| Other amounts payable | 47/48 | €108,892 | €136,929 | +€28,036 | +25.7% |
| Non-recurring operating income | 76A | - | €7,912 | +€7,912 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,922 | €19,862 | +€1,940 | +10.8% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €27,873 | €49,904 | +€22,031 | +79.0% |
| Operating profit (loss) | 9901 | €9,566 | €29,655 | +€20,089 | +210.0% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €484 | €1,829 | +€1,345 | +278.0% |
| Recurring financial charges | 65 | €484 | €1,829 | +€1,345 | +278.0% |
| Profit (loss) for the period before taxes | 9903 | €9,082 | €27,826 | +€18,744 | +206.4% |
| Income taxes | 67/77 | €5,773 | €11,339 | +€5,566 | +96.4% |
| Profit (loss) for the period | 9904 | €3,309 | €16,487 | +€13,178 | +398.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,309 | €16,487 | +€13,178 | +398.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.