DEVOS SCHILDERWERKEN: 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 SCHILDERWERKEN
Largest movements
- Cash +€18,528
up €18,528 (+35.5%), from €52,126 to €70,654
mainly Net result for the year (+€26,273) and Receivables within one year (+€15,489)
- Receivables within one year -€15,489
down €15,489 (-89.3%), from €17,336 to €1,848
of which Trade receivables: -€14,774
- Tangible fixed assets -€4,265
down €4,265 (-85.0%), from €5,020 to €755
of which Furniture and vehicles: -€3,955
- Other debts +€7,402
up €7,402 (+44.0%), from €16,808 to €24,210
- Current portion of long-term debt -€4,084
no longer reported in 2025 (was €4,084)
- Trade debts -€2,002
down €2,002 (-56.0%), from €3,574 to €1,572
- Reserves -€1,393
down €1,393 (-5.3%), from €26,089 to €24,696
- Tax, wage and social debts -€1,390
down €1,390 (-25.2%), from €5,522 to €4,132
of which Taxes: -€1,707
- Gross operating margin +€6,937
up €6,937 (+6.8%), from €101,983 to €108,919
- Staff costs +€5,545
up €5,545 (+8.7%), from €63,547 to €69,092
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 | €76,114 | €74,097 | -€2,017 | -2.6% |
| Fixed assets | 21/28 | €5,020 | €755 | -€4,265 | -85.0% |
| Tangible fixed assets | 22/27 | €5,020 | €755 | -€4,265 | -85.0% |
| Plant, machinery and equipment | 23 | €1,064 | €755 | -€310 | -29.1% |
| Furniture and vehicles | 24 | €3,955 | - | -€3,955 | |
| Current assets | 29/58 | €71,094 | €73,342 | +€2,248 | +3.2% |
| Stocks and contracts in progress | 3 | €680 | - | -€680 | |
| Stocks | 30/36 | €680 | - | -€680 | |
| Amounts receivable within one year | 40/41 | €17,336 | €1,848 | -€15,489 | -89.3% |
| Trade receivables | 40 | €14,774 | - | -€14,774 | |
| Other amounts receivable | 41 | €2,563 | €1,848 | -€715 | -27.9% |
| Cash at bank and in hand | 54/58 | €52,126 | €70,654 | +€18,528 | +35.5% |
| Deferred charges and accrued income | 490/1 | €952 | €840 | -€112 | -11.7% |
| Total equity and liabilities | 10/49 | €76,114 | €74,097 | -€2,017 | -2.6% |
| Equity | 10/15 | €44,689 | €43,296 | -€1,393 | -3.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,089 | €24,696 | -€1,393 | -5.3% |
| Distributable reserves | 133 | €26,089 | €24,696 | -€1,393 | -5.3% |
| Amounts payable | 17/49 | €31,425 | €30,801 | -€624 | -2.0% |
| Amounts payable within one year | 42/48 | €29,987 | €29,914 | -€74 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €4,084 | - | -€4,084 | |
| Trade debts | 44 | €3,574 | €1,572 | -€2,002 | -56.0% |
| Suppliers | 440/4 | €3,574 | €1,572 | -€2,002 | -56.0% |
| Taxes, remuneration and social security | 45 | €5,522 | €4,132 | -€1,390 | -25.2% |
| Taxes | 450/3 | €3,807 | €2,100 | -€1,707 | -44.8% |
| Remuneration and social security | 454/9 | €1,715 | €2,032 | +€317 | +18.5% |
| Other amounts payable | 47/48 | €16,808 | €24,210 | +€7,402 | +44.0% |
| Accrued charges and deferred income | 492/3 | €1,438 | €887 | -€550 | -38.3% |
| Remuneration, social security and pensions | 62 | €63,547 | €69,092 | +€5,545 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,321 | €4,265 | -€56 | -1.3% |
| Other operating charges | 640/8 | €1,129 | €1,177 | +€49 | +4.3% |
| Gross operating margin | 9900 | €101,983 | €108,919 | +€6,937 | +6.8% |
| Operating profit (loss) | 9901 | €32,986 | €34,385 | +€1,399 | +4.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,661 | €1,058 | -€603 | -36.3% |
| Recurring financial charges | 65 | €1,661 | €1,058 | -€603 | -36.3% |
| Profit (loss) for the period before taxes | 9903 | €31,325 | €33,327 | +€2,002 | +6.4% |
| Income taxes | 67/77 | €6,699 | €7,053 | +€354 | +5.3% |
| Profit (loss) for the period | 9904 | €24,625 | €26,273 | +€1,648 | +6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €24,625 | €26,273 | +€1,648 | +6.7% |
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 16 October 2026 via checked.be.