DEVOS INVEST: 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 INVEST
Largest movements
- Tangible fixed assets -€56,567
down €56,567 (-4.8%), from €1.2m to €1.1m
- Debts after one year -€54,051
down €54,051 (-6.5%), from €830,250 to €776,199
- Profit (loss) carried forward -€13,382
down €13,382 (-18.2%), from -€73,488 to -€86,870
- Gross operating margin +€1,972
up €1,972 (+2.5%), from €79,569 to €81,542
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 | €1,217,303 | €1,164,592 | -€52,711 | -4.3% |
| Fixed assets | 21/28 | €1,186,593 | €1,130,026 | -€56,567 | -4.8% |
| Tangible fixed assets | 22/27 | €1,186,593 | €1,130,026 | -€56,567 | -4.8% |
| Land and buildings | 22 | €1,186,593 | €1,130,026 | -€56,567 | -4.8% |
| Current assets | 29/58 | €30,710 | €34,566 | +€3,856 | +12.6% |
| Amounts receivable within one year | 40/41 | €44 | €618 | +€574 | +1320.6% |
| Trade receivables | 40 | €44 | €0 | -€44 | -100.0% |
| Other amounts receivable | 41 | €0 | €618 | +€618 | |
| Cash at bank and in hand | 54/58 | €2,576 | €509 | -€2,067 | -80.2% |
| Deferred charges and accrued income | 490/1 | €28,091 | €33,439 | +€5,348 | +19.0% |
| Total equity and liabilities | 10/49 | €1,217,303 | €1,164,592 | -€52,711 | -4.3% |
| Equity | 10/15 | -€53,488 | -€66,870 | -€13,382 | -25.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,488 | -€86,870 | -€13,382 | -18.2% |
| Amounts payable | 17/49 | €1,270,790 | €1,231,462 | -€39,329 | -3.1% |
| Amounts payable after more than one year | 17 | €830,250 | €776,199 | -€54,051 | -6.5% |
| Financial debts | 170/4 | €830,250 | €776,199 | -€54,051 | -6.5% |
| Amounts payable within one year | 42/48 | €440,540 | €455,262 | +€14,722 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €52,388 | €54,051 | +€1,663 | +3.2% |
| Trade debts | 44 | €0 | €4,581 | +€4,581 | |
| Suppliers | 440/4 | €0 | €4,581 | +€4,581 | |
| Taxes, remuneration and social security | 45 | - | €28 | +€28 | |
| Taxes | 450/3 | - | €28 | +€28 | |
| Other amounts payable | 47/48 | €388,153 | €396,603 | +€8,451 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,567 | €56,567 | = | 0.0% |
| Other operating charges | 640/8 | €6,981 | €7,147 | +€165 | +2.4% |
| Gross operating margin | 9900 | €79,569 | €81,542 | +€1,972 | +2.5% |
| Operating profit (loss) | 9901 | €16,021 | €17,828 | +€1,807 | +11.3% |
| Financial charges | 65/66B | €31,352 | €31,210 | -€141 | -0.5% |
| Recurring financial charges | 65 | €31,352 | €31,210 | -€141 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | -€15,331 | -€13,382 | +€1,948 | +12.7% |
| Profit (loss) for the period | 9904 | -€15,331 | -€13,382 | +€1,948 | +12.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,331 | -€13,382 | +€1,948 | +12.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.