DEVOS METAL RECYCLING: 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 METAL RECYCLING
Largest movements
- Stocks and contracts -€122,076
down €122,076 (-70.9%), from €172,076 to €50,000
- Tangible fixed assets -€62,590
down €62,590 (-34.1%), from €183,493 to €120,903
of which Furniture and vehicles: -€52,493
- Cash +€30,567
up €30,567 (+276%), from €11,060 to €41,627
mainly Stocks and contracts (+€122,076) and Depreciation (+€62,004)
- Receivables within one year -€15,999
down €15,999 (-94.7%), from €16,894 to €895
of which Trade receivables: -€9,127
- Deferred charges and accrued income +€4,139
up €4,139 (+34.0%), from €12,165 to €16,304
- Profit (loss) carried forward -€132,117
down €132,117 (-439%), from -€30,091 to -€162,208
- Other debts +€38,877
up €38,877 (+48.2%), from €80,701 to €119,578
- Debts after one year -€28,828
down €28,828 (-65.6%), from €43,920 to €15,091
- Trade debts -€27,005
down €27,005 (-91.9%), from €29,386 to €2,380
- Tax, wage and social debts -€16,458
down €16,458 (-86.9%), from €18,935 to €2,477
of which Remuneration and social security: -€13,754
- Staff costs -€88,224
down €88,224 (-64.5%), from €136,856 to €48,632
- Gross operating margin -€8,660
down €8,660 (-464%), from -€1,866 to -€10,526
- Depreciation +€6,728
up €6,728 (+12.2%), from €55,276 to €62,004
- Other operating charges -€441
down €441 (-9.9%), from €4,455 to €4,015
- Financial charges +€209
up €209 (+4.6%), from €4,593 to €4,803
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.
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 | €395,689 | €229,730 | -€165,959 | -41.9% |
| Fixed assets | 21/28 | €183,493 | €120,903 | -€62,590 | -34.1% |
| Tangible fixed assets | 22/27 | €183,493 | €120,903 | -€62,590 | -34.1% |
| Land and buildings | 22 | €8,381 | €7,419 | -€963 | -11.5% |
| Plant, machinery and equipment | 23 | €15,477 | €6,343 | -€9,134 | -59.0% |
| Furniture and vehicles | 24 | €159,635 | €107,142 | -€52,493 | -32.9% |
| Current assets | 29/58 | €212,196 | €108,826 | -€103,369 | -48.7% |
| Stocks and contracts in progress | 3 | €172,076 | €50,000 | -€122,076 | -70.9% |
| Stocks | 30/36 | €172,076 | €50,000 | -€122,076 | -70.9% |
| Amounts receivable within one year | 40/41 | €16,894 | €895 | -€15,999 | -94.7% |
| Trade receivables | 40 | €9,127 | €0 | -€9,127 | -100% |
| Other amounts receivable | 41 | €7,767 | €895 | -€6,872 | -88.5% |
| Cash at bank and in hand | 54/58 | €11,060 | €41,627 | +€30,567 | +276% |
| Deferred charges and accrued income | 490/1 | €12,165 | €16,304 | +€4,139 | +34.0% |
| Total equity and liabilities | 10/49 | €395,689 | €229,730 | -€165,959 | -41.9% |
| Equity | 10/15 | €193,493 | €61,376 | -€132,117 | -68.3% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €23,583 | €23,583 | = | 0.0% |
| Distributable reserves | 133 | €23,583 | €23,583 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,091 | -€162,208 | -€132,117 | -439% |
| Amounts payable | 17/49 | €202,196 | €168,354 | -€33,842 | -16.7% |
| Amounts payable after more than one year | 17 | €43,920 | €15,091 | -€28,828 | -65.6% |
| Financial debts | 170/4 | €43,920 | €15,091 | -€28,828 | -65.6% |
| Amounts payable within one year | 42/48 | €157,146 | €153,263 | -€3,883 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €28,125 | €28,828 | +€704 | +2.5% |
| Trade debts | 44 | €29,386 | €2,380 | -€27,005 | -91.9% |
| Suppliers | 440/4 | €29,386 | €2,380 | -€27,005 | -91.9% |
| Taxes, remuneration and social security | 45 | €18,935 | €2,477 | -€16,458 | -86.9% |
| Taxes | 450/3 | €5,181 | €2,477 | -€2,705 | -52.2% |
| Remuneration and social security | 454/9 | €13,754 | €0 | -€13,754 | -100% |
| Other amounts payable | 47/48 | €80,701 | €119,578 | +€38,877 | +48.2% |
| Accrued charges and deferred income | 492/3 | €1,130 | €0 | -€1,130 | -100% |
| Non-recurring operating income | 76A | €0 | €51,210 | +€51,210 | |
| Remuneration, social security and pensions | 62 | €136,856 | €48,632 | -€88,224 | -64.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,276 | €62,004 | +€6,728 | +12.2% |
| Other operating charges | 640/8 | €4,455 | €4,015 | -€441 | -9.9% |
| Non-recurring operating charges | 66A | €0 | €1,759 | +€1,759 | |
| Gross operating margin | 9900 | -€1,866 | -€10,526 | -€8,660 | -464% |
| Operating profit (loss) | 9901 | -€198,454 | -€126,936 | +€71,518 | +36.0% |
| Financial income | 75/76B | €150 | €108 | -€42 | -28.0% |
| Recurring financial income | 75 | €150 | €108 | -€42 | -28.0% |
| Financial charges | 65/66B | €4,593 | €4,803 | +€209 | +4.6% |
| Recurring financial charges | 65 | €4,593 | €4,803 | +€209 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | -€202,897 | -€131,631 | +€71,266 | +35.1% |
| Income taxes | 67/77 | €498 | €486 | -€12 | -2.3% |
| Profit (loss) for the period | 9904 | -€203,395 | -€132,117 | +€71,278 | +35.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€203,395 | -€132,117 | +€71,278 | +35.0% |
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 29 October 2026 via checked.be.