DEVOS TRADING COMPANY: 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 TRADING COMPANY
Largest movements
- Cash +€266,519
up €266,519 (+45.7%), from €583,412 to €849,931
mainly Net result for the year (+€206,933) and Depreciation (+€58,714)
- Tangible fixed assets -€25,489
down €25,489 (-23.5%), from €108,353 to €82,864
- Reserves +€206,933
up €206,933 (+32.7%), from €632,656 to €839,590
of which Distributable reserves: +€206,933
- Debts after one year +€35,000
up €35,000 (+23.3%), from €150,000 to €185,000
- Other debts -€22,143
down €22,143 (-98.7%), from €22,435 to €292
- Tax, wage and social debts +€19,781
up €19,781 (+208%), from €9,496 to €29,276
- Gross operating margin +€104,280
up €104,280 (+38.9%), from €268,052 to €372,332
- Taxes +€37,505
up €37,505 (+68.3%), from €54,883 to €92,387
- Depreciation +€8,937
up €8,937 (+18.0%), from €49,777 to €58,714
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 | €860,770 | €1,095,253 | +€234,484 | +27.2% |
| Fixed assets | 21/28 | €108,353 | €82,864 | -€25,489 | -23.5% |
| Tangible fixed assets | 22/27 | €108,353 | €82,864 | -€25,489 | -23.5% |
| Furniture and vehicles | 24 | €108,353 | €82,864 | -€25,489 | -23.5% |
| Current assets | 29/58 | €752,416 | €1,012,389 | +€259,973 | +34.6% |
| Amounts receivable within one year | 40/41 | €169,004 | €162,458 | -€6,546 | -3.9% |
| Trade receivables | 40 | €130,650 | €139,146 | +€8,496 | +6.5% |
| Other amounts receivable | 41 | €38,354 | €23,312 | -€15,042 | -39.2% |
| Cash at bank and in hand | 54/58 | €583,412 | €849,931 | +€266,519 | +45.7% |
| Total equity and liabilities | 10/49 | €860,770 | €1,095,253 | +€234,484 | +27.2% |
| Equity | 10/15 | €657,446 | €864,379 | +€206,933 | +31.5% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €632,656 | €839,590 | +€206,933 | +32.7% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Distributable reserves | 133 | €630,177 | €837,111 | +€206,933 | +32.8% |
| Amounts payable | 17/49 | €203,324 | €230,874 | +€27,550 | +13.5% |
| Amounts payable after more than one year | 17 | €150,000 | €185,000 | +€35,000 | +23.3% |
| Financial debts | 170/4 | €150,000 | €185,000 | +€35,000 | +23.3% |
| Amounts payable within one year | 42/48 | €32,996 | €32,667 | -€329 | -1.0% |
| Trade debts | 44 | €1,065 | €3,098 | +€2,033 | +191% |
| Suppliers | 440/4 | €1,065 | €3,098 | +€2,033 | +191% |
| Taxes, remuneration and social security | 45 | €9,496 | €29,276 | +€19,781 | +208% |
| Taxes | 450/3 | €9,496 | €29,276 | +€19,781 | +208% |
| Other amounts payable | 47/48 | €22,435 | €292 | -€22,143 | -98.7% |
| Accrued charges and deferred income | 492/3 | €20,328 | €13,207 | -€7,121 | -35.0% |
| Non-recurring operating income | 76A | - | €812 | +€812 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,777 | €58,714 | +€8,937 | +18.0% |
| Other operating charges | 640/8 | €1,524 | €948 | -€576 | -37.8% |
| Gross operating margin | 9900 | €268,052 | €372,332 | +€104,280 | +38.9% |
| Operating profit (loss) | 9901 | €216,751 | €312,670 | +€95,919 | +44.3% |
| Financial income | 75/76B | €181 | €0 | -€181 | -100% |
| Recurring financial income | 75 | €181 | €0 | -€181 | -100% |
| Financial charges | 65/66B | €11,392 | €13,349 | +€1,957 | +17.2% |
| Recurring financial charges | 65 | €11,392 | €13,349 | +€1,957 | +17.2% |
| Profit (loss) for the period before taxes | 9903 | €205,540 | €299,321 | +€93,780 | +45.6% |
| Income taxes | 67/77 | €54,883 | €92,387 | +€37,505 | +68.3% |
| Profit (loss) for the period | 9904 | €150,658 | €206,933 | +€56,276 | +37.4% |
| Profit (loss) for the period to be appropriated | 9905 | €150,658 | €206,933 | +€56,276 | +37.4% |
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 22 October 2026 via checked.be.