DEVOS MEDICAL: 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 MEDICAL
Largest movements
- Receivables within one year -€35,380
down €35,380 (-13.4%), from €264,379 to €228,999
of which Other amounts receivable: -€37,788
- Current investments -€30,000
no longer reported in 2025 (was €30,000)
- Tangible fixed assets +€11,218
up €11,218 (+1.5%), from €733,329 to €744,547
of which Land and buildings: +€37,954
- Debts after one year -€61,823
down €61,823 (-9.0%), from €687,482 to €625,659
- Trade debts +€39,509
up €39,509 (+1621.8%), from €2,436 to €41,945
- Tax, wage and social debts -€22,807
down €22,807 (-32.0%), from €71,269 to €48,462
- Short-term financial debts -€20,349
down €20,349 (-76.1%), from €26,727 to €6,378
- Taxes -€38,250
down €38,250 (-45.6%), from €83,816 to €45,566
- Gross operating margin -€35,771
down €35,771 (-10.8%), from €331,635 to €295,864
- Financial charges -€12,266
down €12,266 (-25.7%), from €47,802 to €35,536
- Depreciation +€5,397
up €5,397 (+9.3%), from €57,997 to €63,394
- Financial income -€4,762
down €4,762 (-33.5%), from €14,232 to €9,470
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 | €1,094,822 | €1,029,172 | -€65,650 | -6.0% |
| Fixed assets | 21/28 | €735,429 | €746,647 | +€11,218 | +1.5% |
| Tangible fixed assets | 22/27 | €733,329 | €744,547 | +€11,218 | +1.5% |
| Land and buildings | 22 | €631,977 | €669,931 | +€37,954 | +6.0% |
| Plant, machinery and equipment | 23 | €1,371 | €671 | -€700 | -51.0% |
| Furniture and vehicles | 24 | €99,406 | €73,369 | -€26,036 | -26.2% |
| Other tangible fixed assets | 26 | €575 | €575 | = | 0.0% |
| Financial fixed assets | 28 | €2,100 | €2,100 | = | 0.0% |
| Current assets | 29/58 | €359,393 | €282,525 | -€76,868 | -21.4% |
| Amounts receivable within one year | 40/41 | €264,379 | €228,999 | -€35,380 | -13.4% |
| Trade receivables | 40 | €2,228 | €4,637 | +€2,408 | +108.1% |
| Other amounts receivable | 41 | €262,151 | €224,362 | -€37,788 | -14.4% |
| Current investments | 50/53 | €30,000 | - | -€30,000 | |
| Cash at bank and in hand | 54/58 | €60,323 | €50,846 | -€9,477 | -15.7% |
| Deferred charges and accrued income | 490/1 | €4,691 | €2,680 | -€2,011 | -42.9% |
| Total equity and liabilities | 10/49 | €1,094,822 | €1,029,172 | -€65,650 | -6.0% |
| Equity | 10/15 | €207,472 | €207,472 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €188,872 | €188,872 | = | 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 | €79,990 | €79,990 | = | 0.0% |
| Distributable reserves | 133 | €107,022 | €107,022 | = | 0.0% |
| Amounts payable | 17/49 | €887,350 | €821,700 | -€65,650 | -7.4% |
| Amounts payable after more than one year | 17 | €687,482 | €625,659 | -€61,823 | -9.0% |
| Financial debts | 170/4 | €687,482 | €625,659 | -€61,823 | -9.0% |
| Amounts payable within one year | 42/48 | €199,868 | €187,642 | -€12,226 | -6.1% |
| Current portion of amounts payable after more than one year | 42 | €99,435 | €90,856 | -€8,579 | -8.6% |
| Financial debts | 43 | €26,727 | €6,378 | -€20,349 | -76.1% |
| Credit institutions | 430/8 | €26,727 | €6,378 | -€20,349 | -76.1% |
| Trade debts | 44 | €2,436 | €41,945 | +€39,509 | +1621.8% |
| Suppliers | 440/4 | €2,436 | €41,945 | +€39,509 | +1621.8% |
| Taxes, remuneration and social security | 45 | €71,269 | €48,462 | -€22,807 | -32.0% |
| Taxes | 450/3 | €71,269 | €48,462 | -€22,807 | -32.0% |
| Accrued charges and deferred income | 492/3 | - | €8,399 | +€8,399 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,997 | €63,394 | +€5,397 | +9.3% |
| Other operating charges | 640/8 | €6,708 | €6,312 | -€396 | -5.9% |
| Gross operating margin | 9900 | €331,635 | €295,864 | -€35,771 | -10.8% |
| Operating profit (loss) | 9901 | €266,929 | €226,158 | -€40,771 | -15.3% |
| Financial income | 75/76B | €14,232 | €9,470 | -€4,762 | -33.5% |
| Recurring financial income | 75 | €14,232 | €9,470 | -€4,762 | -33.5% |
| Financial charges | 65/66B | €47,802 | €35,536 | -€12,266 | -25.7% |
| Recurring financial charges | 65 | €47,802 | €35,536 | -€12,266 | -25.7% |
| Profit (loss) for the period before taxes | 9903 | €233,359 | €200,092 | -€33,267 | -14.3% |
| Income taxes | 67/77 | €83,816 | €45,566 | -€38,250 | -45.6% |
| Profit (loss) for the period | 9904 | €149,543 | €154,526 | +€4,982 | +3.3% |
| Transfer from tax-exempt reserves | 789 | €46,280 | - | -€46,280 | |
| Profit (loss) for the period to be appropriated | 9905 | €195,823 | €154,526 | -€41,298 | -21.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.