Devos Guillaume: what changed
Two financial 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 Guillaume
Largest movements
- Current investments -€70,403
no longer reported in 2025 (was €70,403)
- Cash +€45,488
up €45,488 (+182%), from €25,061 to €70,549
mainly Current investments (+€70,403) and Depreciation (+€2,372)
- Receivables within one year +€2,835
up €2,835 (+6.3%), from €44,723 to €47,558
- Tangible fixed assets -€2,510
down €2,510 (-17.3%), from €14,532 to €12,023
of which Furniture and vehicles: -€1,640
- Profit (loss) carried forward -€24,671
down €24,671 (-21.5%), from €114,852 to €90,182
- Gross operating margin -€36,656
down €36,656, from €12,008 to -€24,648
- Depreciation -€2,618
down €2,618 (-52.5%), from €4,991 to €2,372
- Financial income +€1,780
up €1,780 (+66.9%), from €2,661 to €4,442
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.
Derived cash bridge
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 | €154,719 | €130,129 | -€24,590 | -15.9% |
| Fixed assets | 21/28 | €14,532 | €12,023 | -€2,510 | -17.3% |
| Tangible fixed assets | 22/27 | €14,532 | €12,023 | -€2,510 | -17.3% |
| Furniture and vehicles | 24 | €9,733 | €8,093 | -€1,640 | -16.8% |
| Other tangible fixed assets | 26 | €4,799 | €3,929 | -€870 | -18.1% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €140,187 | €118,106 | -€22,080 | -15.8% |
| Amounts receivable within one year | 40/41 | €44,723 | €47,558 | +€2,835 | +6.3% |
| Other amounts receivable | 41 | €44,723 | €47,558 | +€2,835 | +6.3% |
| Current investments | 50/53 | €70,403 | - | -€70,403 | |
| Cash at bank and in hand | 54/58 | €25,061 | €70,549 | +€45,488 | +182% |
| Total equity and liabilities | 10/49 | €154,719 | €130,129 | -€24,590 | -15.9% |
| Equity | 10/15 | €153,595 | €128,924 | -€24,671 | -16.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | - | €12,400 | +€12,400 | |
| Other | 1109/19 | - | €12,400 | +€12,400 | |
| Reserves | 13 | €26,343 | €26,343 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €19 | €19 | = | 0.0% |
| Distributable reserves | 133 | €24,463 | €24,463 | = | 0.0% |
| Profit (loss) carried forward | 14 | €114,852 | €90,182 | -€24,671 | -21.5% |
| Amounts payable | 17/49 | €1,124 | €1,205 | +€81 | +7.2% |
| Amounts payable within one year | 42/48 | €767 | €1,205 | +€438 | +57.2% |
| Trade debts | 44 | €347 | €564 | +€217 | +62.5% |
| Suppliers | 440/4 | €347 | €564 | +€217 | +62.5% |
| Taxes, remuneration and social security | 45 | €419 | €439 | +€19 | +4.6% |
| Taxes | 450/3 | €419 | €439 | +€19 | +4.6% |
| Other amounts payable | 47/48 | - | €202 | +€202 | |
| Accrued charges and deferred income | 492/3 | €358 | - | -€358 | |
| Non-recurring operating income | 76A | - | €101 | +€101 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,991 | €2,372 | -€2,618 | -52.5% |
| Other operating charges | 640/8 | €843 | €703 | -€141 | -16.7% |
| Non-recurring operating charges | 66A | - | €539 | +€539 | |
| Gross operating margin | 9900 | €12,008 | -€24,648 | -€36,656 | |
| Operating profit (loss) | 9901 | €6,174 | -€28,262 | -€34,436 | |
| Financial income | 75/76B | €2,661 | €4,442 | +€1,780 | +66.9% |
| Recurring financial income | 75 | €2,661 | €4,442 | +€1,780 | +66.9% |
| Financial charges | 65/66B | €121 | €54 | -€67 | -55.4% |
| Recurring financial charges | 65 | €120 | €54 | -€66 | -55.0% |
| Non-recurring financial charges | 66B | €1 | - | -€1 | |
| Profit (loss) for the period before taxes | 9903 | €8,714 | -€23,874 | -€32,588 | |
| Income taxes | 67/77 | €676 | €797 | +€121 | +17.9% |
| Profit (loss) for the period | 9904 | €8,038 | -€24,671 | -€32,709 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,038 | -€24,671 | -€32,709 |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.