DEVOS MOTORS: 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 MOTORS
Largest movements
- Current investments -€55,000
down €55,000 (-100.0%), from €55,000 to €0
- Tangible fixed assets -€40,705
down €40,705 (-5.3%), from €765,778 to €725,073
- Receivables within one year -€19,513
down €19,513 (-68.0%), from €28,677 to €9,164
of which Other amounts receivable: -€19,513
- Cash -€10,241
down €10,241 (-96.2%), from €10,645 to €404
mainly Contributions, distributions and other (-€111,460) and Net result for the year (-€16,957)
- Reserves -€101,460
down €101,460 (-88.2%), from €115,094 to €13,634
of which Distributable reserves: -€101,460
- Profit (loss) carried forward -€16,957
down €16,957 (-15.9%), from -€106,350 to -€123,307
- Revaluation surpluses -€10,000
down €10,000 (-5.3%), from €190,000 to €180,000
- Gross operating margin -€4,209
down €4,209 (-12.0%), from €34,961 to €30,752
- Financial income -€2,120
down €2,120 (-77.5%), from €2,734 to €614
- Other operating charges +€807
up €807 (+12.0%), from €6,735 to €7,542
- Depreciation -€620
down €620 (-1.5%), from €41,326 to €40,705
- Financial charges -€384
down €384 (-83.7%), from €459 to €75
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 | €863,685 | €734,641 | -€129,044 | -14.9% |
| Fixed assets | 21/28 | €765,778 | €725,073 | -€40,705 | -5.3% |
| Tangible fixed assets | 22/27 | €765,778 | €725,073 | -€40,705 | -5.3% |
| Land and buildings | 22 | €765,778 | €725,073 | -€40,705 | -5.3% |
| Current assets | 29/58 | €97,907 | €9,568 | -€88,339 | -90.2% |
| Amounts receivable within one year | 40/41 | €28,677 | €9,164 | -€19,513 | -68.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €28,677 | €9,164 | -€19,513 | -68.0% |
| Current investments | 50/53 | €55,000 | €0 | -€55,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €10,645 | €404 | -€10,241 | -96.2% |
| Deferred charges and accrued income | 490/1 | €3,585 | €0 | -€3,585 | -100.0% |
| Total equity and liabilities | 10/49 | €863,685 | €734,641 | -€129,044 | -14.9% |
| Equity | 10/15 | €860,244 | €731,827 | -€128,416 | -14.9% |
| Contributions | 10/11 | €661,500 | €661,500 | = | 0.0% |
| Capital | 10 | €661,500 | €661,500 | = | 0.0% |
| Issued capital | 100 | €661,500 | €661,500 | = | 0.0% |
| Revaluation surpluses | 12 | €190,000 | €180,000 | -€10,000 | -5.3% |
| Reserves | 13 | €115,094 | €13,634 | -€101,460 | -88.2% |
| Non-distributable reserves | 130/1 | €13,634 | €13,634 | = | 0.0% |
| Legal reserve | 130 | €13,634 | €13,634 | = | 0.0% |
| Distributable reserves | 133 | €101,460 | €0 | -€101,460 | -100.0% |
| Profit (loss) carried forward | 14 | -€106,350 | -€123,307 | -€16,957 | -15.9% |
| Amounts payable | 17/49 | €3,441 | €2,813 | -€628 | -18.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €3,375 | €2,813 | -€561 | -16.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €3,375 | €2,813 | -€561 | -16.6% |
| Suppliers | 440/4 | €3,375 | €2,813 | -€561 | -16.6% |
| Accrued charges and deferred income | 492/3 | €66 | €0 | -€66 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,326 | €40,705 | -€620 | -1.5% |
| Other operating charges | 640/8 | €6,735 | €7,542 | +€807 | +12.0% |
| Gross operating margin | 9900 | €34,961 | €30,752 | -€4,209 | -12.0% |
| Operating profit (loss) | 9901 | -€13,100 | -€17,496 | -€4,396 | -33.6% |
| Financial income | 75/76B | €2,734 | €614 | -€2,120 | -77.5% |
| Recurring financial income | 75 | €2,734 | €614 | -€2,120 | -77.5% |
| Financial charges | 65/66B | €459 | €75 | -€384 | -83.7% |
| Recurring financial charges | 65 | €459 | €75 | -€384 | -83.7% |
| Profit (loss) for the period before taxes | 9903 | -€10,826 | -€16,957 | -€6,131 | -56.6% |
| Profit (loss) for the period | 9904 | -€10,826 | -€16,957 | -€6,131 | -56.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,826 | -€16,957 | -€6,131 | -56.6% |
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 9 October 2026 via checked.be.