DEVOSKO: 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.
DEVOSKO
Largest movements
- Receivables within one year +€61,423
up €61,423 (+15.1%), from €406,443 to €467,867
of which Other amounts receivable: +€78,252
- Cash -€13,513
down €13,513 (-55.2%), from €24,499 to €10,986
mainly Receivables within one year (-€61,423) and Investment in fixed assets (net) (-€7,137)
- Reserves +€36,435
up €36,435 (+9.2%), from €397,954 to €434,389
of which Distributable reserves: +€36,435
- Short-term financial debts +€12,027
new in 2025: €12,027
- Trade debts +€10,670
up €10,670 (+236.6%), from €4,511 to €15,181
- Tax, wage and social debts -€5,934
down €5,934 (-38.9%), from €15,238 to €9,304
- Debts after one year -€5,580
down €5,580 (-27.8%), from €20,072 to €14,491
- Gross operating margin -€61,339
down €61,339 (-46.4%), from €132,200 to €70,862
- Financial income +€22,082
up €22,082 (+386725.2%), from €6 to €22,088
- Financial charges -€7,611
down €7,611 (-18.8%), from €40,540 to €32,929
- Taxes -€6,659
down €6,659 (-30.7%), from €21,691 to €15,031
- Depreciation -€5,408
down €5,408 (-46.2%), from €11,716 to €6,309
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 | €451,847 | €501,417 | +€49,570 | +11.0% |
| Fixed assets | 21/28 | €19,365 | €20,193 | +€828 | +4.3% |
| Tangible fixed assets | 22/27 | €19,365 | €20,193 | +€828 | +4.3% |
| Plant, machinery and equipment | 23 | €922 | €385 | -€538 | -58.3% |
| Furniture and vehicles | 24 | €18,442 | €19,808 | +€1,366 | +7.4% |
| Current assets | 29/58 | €432,483 | €481,224 | +€48,742 | +11.3% |
| Amounts receivable within one year | 40/41 | €406,443 | €467,867 | +€61,423 | +15.1% |
| Trade receivables | 40 | €41,107 | €24,278 | -€16,829 | -40.9% |
| Other amounts receivable | 41 | €365,336 | €443,589 | +€78,252 | +21.4% |
| Cash at bank and in hand | 54/58 | €24,499 | €10,986 | -€13,513 | -55.2% |
| Deferred charges and accrued income | 490/1 | €1,541 | €2,372 | +€832 | +54.0% |
| Total equity and liabilities | 10/49 | €451,847 | €501,417 | +€49,570 | +11.0% |
| Equity | 10/15 | €404,154 | €440,589 | +€36,435 | +9.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €397,954 | €434,389 | +€36,435 | +9.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €396,094 | €432,529 | +€36,435 | +9.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €47,694 | €60,829 | +€13,135 | +27.5% |
| Amounts payable after more than one year | 17 | €20,072 | €14,491 | -€5,580 | -27.8% |
| Financial debts | 170/4 | €20,072 | €14,491 | -€5,580 | -27.8% |
| Amounts payable within one year | 42/48 | €27,237 | €45,913 | +€18,676 | +68.6% |
| Current portion of amounts payable after more than one year | 42 | €7,476 | €9,401 | +€1,925 | +25.7% |
| Financial debts | 43 | - | €12,027 | +€12,027 | |
| Credit institutions | 430/8 | - | €12,027 | +€12,027 | |
| Trade debts | 44 | €4,511 | €15,181 | +€10,670 | +236.6% |
| Suppliers | 440/4 | €4,511 | €15,181 | +€10,670 | +236.6% |
| Taxes, remuneration and social security | 45 | €15,238 | €9,304 | -€5,934 | -38.9% |
| Taxes | 450/3 | €15,238 | €9,304 | -€5,934 | -38.9% |
| Other amounts payable | 47/48 | €12 | €0 | -€12 | -100.0% |
| Accrued charges and deferred income | 492/3 | €385 | €425 | +€40 | +10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,716 | €6,309 | -€5,408 | -46.2% |
| Other operating charges | 640/8 | €1,192 | €2,065 | +€873 | +73.2% |
| Non-recurring operating charges | 66A | €2,451 | €180 | -€2,271 | -92.7% |
| Gross operating margin | 9900 | €132,200 | €70,862 | -€61,339 | -46.4% |
| Operating profit (loss) | 9901 | €116,841 | €62,308 | -€54,533 | -46.7% |
| Financial income | 75/76B | €6 | €22,088 | +€22,082 | +386725.2% |
| Recurring financial income | 75 | €6 | €22,088 | +€22,082 | +386725.2% |
| Financial charges | 65/66B | €40,540 | €32,929 | -€7,611 | -18.8% |
| Recurring financial charges | 65 | €40,540 | €32,929 | -€7,611 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €76,306 | €51,466 | -€24,840 | -32.6% |
| Income taxes | 67/77 | €21,691 | €15,031 | -€6,659 | -30.7% |
| Profit (loss) for the period | 9904 | €54,616 | €36,435 | -€18,181 | -33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €54,616 | €36,435 | -€18,181 | -33.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.