DEVOS OFFICE SOLUTIONS: what changed
What changed
DEVOS OFFICE SOLUTIONS
NACE 47.400, Retail sale of information and communication equipment
filed annual accounts (NBB)
Net result for the year
€509
2024 · €81,903-€81,394
Equity
€320,662
2024 · €320,153+€509
Cash
€41,725
2024 · €226,929-€185,204
Balance sheet total
€1.2m
2024 · €1.1m+€70,894
Largest movements
Assets
- Cash -€185,204
down €185,204 (-81.6%), from €226,929 to €41,725
mainly Investment in fixed assets (net) (-€185,193) and Receivables within one year (-€123,818)
- Receivables within one year +€123,818
up €123,818 (+51.2%), from €242,044 to €365,862
of which Trade receivables: +€84,030
- Tangible fixed assets +€110,906
up €110,906 (+46.8%), from €236,959 to €347,865
of which Furniture and vehicles: +€123,141
- Stocks and contracts +€20,819
up €20,819 (+5.6%), from €368,747 to €389,566
Equity and liabilities
- Tax, wage and social debts -€72,553
down €72,553 (-52.7%), from €137,645 to €65,092
of which Taxes: -€70,991
- Other debts +€55,245
up €55,245 (+458%), from €12,073 to €67,318
- Short-term financial debts +€54,340
up €54,340 (+32.1%), from €169,257 to €223,597
- Debts after one year +€31,230
up €31,230 (+18.1%), from €173,011 to €204,241
of which Financial debts: +€55,172
Income statement
- Gross operating margin -€189,194
down €189,194 (-25.9%), from €730,164 to €540,970
- Other operating charges -€75,160
down €75,160 (-30.7%), from €244,983 to €169,824
- Depreciation +€30,223
up €30,223 (+68.6%), from €44,064 to €74,287
- Staff costs -€29,098
down €29,098 (-10.2%), from €284,537 to €255,439
- Taxes -€17,583
down €17,583 (-54.3%), from €32,366 to €14,783
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€81,903
Gross operating margin
-€189,194
Staff costs
+€29,098
Depreciation
-€30,223
Write-downs
+€1,835
Other operating charges
+€75,160
Other operating items
+€3,137
Financial income
-€421
Financial charges
+€11,632
Taxes
+€17,583
Result 2025
€509
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€87,634
Investment
-€185,193
Financing
+€87,624
Cash 2024
€226,929
From operations (derived)
-€87,634
Net result for the year
+€509
Depreciation
+€74,287
Stocks and contracts
-€20,819
Receivables within one year
-€123,818
Deferred charges and accrued income
-€554
Trade debts
+€2,240
Tax, wage and social debts
-€72,553
Other debts
+€55,245
Accrued charges and deferred income
-€2,171
Investment (derived)
-€185,193
Investment in fixed assets (net)
-€185,193
Financing
+€87,624
Debts after one year
+€31,230
Current portion of long-term debt
+€2,054
Short-term financial debts
+€54,340
Cash 2025
€41,725
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,098,020 | €1,168,913 | +€70,894 | +6.5% |
| Fixed assets | 21/28 | €246,274 | €357,180 | +€110,906 | +45.0% |
| Tangible fixed assets | 22/27 | €236,959 | €347,865 | +€110,906 | +46.8% |
| Plant, machinery and equipment | 23 | €12,210 | €9,972 | -€2,238 | -18.3% |
| Furniture and vehicles | 24 | €96,061 | €219,202 | +€123,141 | +128% |
| Other tangible fixed assets | 26 | €128,687 | €118,691 | -€9,997 | -7.8% |
| Financial fixed assets | 28 | €9,315 | €9,315 | = | 0.0% |
| Current assets | 29/58 | €851,746 | €811,734 | -€40,013 | -4.7% |
| Stocks and contracts in progress | 3 | €368,747 | €389,566 | +€20,819 | +5.6% |
| Stocks | 30/36 | €368,747 | €389,566 | +€20,819 | +5.6% |
| Amounts receivable within one year | 40/41 | €242,044 | €365,862 | +€123,818 | +51.2% |
| Trade receivables | 40 | €149,900 | €233,929 | +€84,030 | +56.1% |
| Other amounts receivable | 41 | €92,144 | €131,933 | +€39,789 | +43.2% |
| Cash at bank and in hand | 54/58 | €226,929 | €41,725 | -€185,204 | -81.6% |
| Deferred charges and accrued income | 490/1 | €14,026 | €14,580 | +€554 | +3.9% |
| Total equity and liabilities | 10/49 | €1,098,020 | €1,168,913 | +€70,894 | +6.5% |
| Equity | 10/15 | €320,153 | €320,662 | +€509 | +0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €301,553 | €302,062 | +€509 | +0.2% |
| Distributable reserves | 133 | €301,553 | €302,062 | +€509 | +0.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €777,867 | €848,252 | +€70,385 | +9.0% |
| Amounts payable after more than one year | 17 | €173,011 | €204,241 | +€31,230 | +18.1% |
| Financial debts | 170/4 | €109,069 | €164,241 | +€55,172 | +50.6% |
| Other amounts payable | 178/9 | €63,941 | €40,000 | -€23,941 | -37.4% |
| Amounts payable within one year | 42/48 | €597,685 | €639,010 | +€41,325 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €59,053 | €61,106 | +€2,054 | +3.5% |
| Financial debts | 43 | €169,257 | €223,597 | +€54,340 | +32.1% |
| Credit institutions | 430/8 | €169,257 | €223,597 | +€54,340 | +32.1% |
| Trade debts | 44 | €219,658 | €221,897 | +€2,240 | +1.0% |
| Suppliers | 440/4 | €219,658 | €221,897 | +€2,240 | +1.0% |
| Taxes, remuneration and social security | 45 | €137,645 | €65,092 | -€72,553 | -52.7% |
| Taxes | 450/3 | €105,744 | €34,753 | -€70,991 | -67.1% |
| Remuneration and social security | 454/9 | €31,900 | €30,339 | -€1,561 | -4.9% |
| Other amounts payable | 47/48 | €12,073 | €67,318 | +€55,245 | +458% |
| Accrued charges and deferred income | 492/3 | €7,171 | €5,000 | -€2,171 | -30.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €284,537 | €255,439 | -€29,098 | -10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,064 | €74,287 | +€30,223 | +68.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,664 | -€170 | -€1,835 | |
| Other operating charges | 640/8 | €244,983 | €169,824 | -€75,160 | -30.7% |
| Non-recurring operating charges | 66A | €3,137 | €0 | -€3,137 | -100% |
| Gross operating margin | 9900 | €730,164 | €540,970 | -€189,194 | -25.9% |
| Operating profit (loss) | 9901 | €151,779 | €41,591 | -€110,188 | -72.6% |
| Financial income | 75/76B | €1,446 | €1,025 | -€421 | -29.1% |
| Recurring financial income | 75 | €1,446 | €1,025 | -€421 | -29.1% |
| Financial charges | 65/66B | €38,956 | €27,324 | -€11,632 | -29.9% |
| Recurring financial charges | 65 | €38,956 | €27,324 | -€11,632 | -29.9% |
| Profit (loss) for the period before taxes | 9903 | €114,269 | €15,292 | -€98,977 | -86.6% |
| Income taxes | 67/77 | €32,366 | €14,783 | -€17,583 | -54.3% |
| Profit (loss) for the period | 9904 | €81,903 | €509 | -€81,394 | -99.4% |
| Profit (loss) for the period to be appropriated | 9905 | €81,903 | €509 | -€81,394 | -99.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.