DEVOS SERVICES: 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 SERVICES
Largest movements
- Tangible fixed assets -€57,552
down €57,552 (-23.7%), from €242,604 to €185,052
- Cash +€15,145
up €15,145 (+17.6%), from €85,869 to €101,014
mainly Depreciation (+€57,552) and Tax, wage and social debts (+€24,144)
- Other debts -€74,075
down €74,075 (-52.5%), from €141,042 to €66,968
- Tax, wage and social debts +€24,144
up €24,144 (+31.7%), from €76,267 to €100,411
of which Taxes: +€16,363
- Debts after one year -€21,000
down €21,000 (-10.9%), from €192,000 to €171,000
- Reserves +€18,147
up €18,147 (+81.6%), from €22,229 to €40,375
of which Distributable reserves: +€18,147
- Trade debts +€12,167
up €12,167 (+37.5%), from €32,446 to €44,613
- Staff costs +€26,014
up €26,014 (+8.9%), from €293,749 to €319,763
- Gross operating margin +€8,998
up €8,998 (+2.2%), from €403,819 to €412,816
- Depreciation -€4,694
down €4,694 (-7.5%), from €62,246 to €57,552
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €523,576 | €482,959 | -€40,617 | -7.8% |
| Fixed assets | 21/28 | €242,604 | €185,052 | -€57,552 | -23.7% |
| Tangible fixed assets | 22/27 | €242,604 | €185,052 | -€57,552 | -23.7% |
| Furniture and vehicles | 24 | €242,604 | €185,052 | -€57,552 | -23.7% |
| Current assets | 29/58 | €280,973 | €297,907 | +€16,935 | +6.0% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €186,051 | €189,280 | +€3,229 | +1.7% |
| Trade receivables | 40 | €186,051 | €189,280 | +€3,229 | +1.7% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €85,869 | €101,014 | +€15,145 | +17.6% |
| Deferred charges and accrued income | 490/1 | €9,052 | €7,613 | -€1,439 | -15.9% |
| Total equity and liabilities | 10/49 | €523,576 | €482,959 | -€40,617 | -7.8% |
| Equity | 10/15 | €60,821 | €78,967 | +€18,147 | +29.8% |
| Contributions | 10/11 | €38,592 | €38,592 | = | 0.0% |
| Reserves | 13 | €22,229 | €40,375 | +€18,147 | +81.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €22,229 | €40,375 | +€18,147 | +81.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €462,756 | €403,992 | -€58,764 | -12.7% |
| Amounts payable after more than one year | 17 | €192,000 | €171,000 | -€21,000 | -10.9% |
| Financial debts | 170/4 | €192,000 | €171,000 | -€21,000 | -10.9% |
| Amounts payable within one year | 42/48 | €270,756 | €232,992 | -€37,764 | -13.9% |
| Current portion of amounts payable after more than one year | 42 | €21,000 | €21,000 | = | 0.0% |
| Trade debts | 44 | €32,446 | €44,613 | +€12,167 | +37.5% |
| Suppliers | 440/4 | €32,446 | €44,613 | +€12,167 | +37.5% |
| Taxes, remuneration and social security | 45 | €76,267 | €100,411 | +€24,144 | +31.7% |
| Taxes | 450/3 | €42,420 | €58,783 | +€16,363 | +38.6% |
| Remuneration and social security | 454/9 | €33,847 | €41,628 | +€7,780 | +23.0% |
| Other amounts payable | 47/48 | €141,042 | €66,968 | -€74,075 | -52.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €293,749 | €319,763 | +€26,014 | +8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,246 | €57,552 | -€4,694 | -7.5% |
| Other operating charges | 640/8 | €2,733 | €2,089 | -€644 | -23.6% |
| Gross operating margin | 9900 | €403,819 | €412,816 | +€8,998 | +2.2% |
| Operating profit (loss) | 9901 | €45,091 | €33,412 | -€11,678 | -25.9% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €2,302 | €6,382 | +€4,081 | +177.3% |
| Recurring financial charges | 65 | €2,302 | €6,382 | +€4,081 | +177.3% |
| Profit (loss) for the period before taxes | 9903 | €42,789 | €27,030 | -€15,759 | -36.8% |
| Income taxes | 67/77 | €12,548 | €8,884 | -€3,664 | -29.2% |
| Profit (loss) for the period | 9904 | €30,242 | €18,147 | -€12,095 | -40.0% |
| Profit (loss) for the period to be appropriated | 9905 | €30,242 | €18,147 | -€12,095 | -40.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.