DEVOSOFT: 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.
DEVOSOFT
Largest movements
- Current investments +€74,766
up €74,766 (+150%), from €50,000 to €124,766
- Receivables after one year -€69,600
down €69,600 (-29.1%), from €239,000 to €169,400
- Cash -€54,099
down €54,099 (-29.7%), from €182,096 to €127,997
mainly Current investments (-€74,766) and Contributions, distributions and other (-€68,198)
- Receivables within one year +€7,304
up €7,304 (+26.9%), from €27,147 to €34,451
of which Trade receivables: +€7,261
- Debts after one year -€16,895
down €16,895 (-79.3%), from €21,314 to €4,419
- Reserves -€16,304
down €16,304 (-3.7%), from €443,331 to €427,027
of which Distributable reserves: -€10,964
- Current portion of long-term debt -€7,033
down €7,033 (-29.4%), from €23,949 to €16,916
- Financial income -€3,153
down €3,153 (-30.3%), from €10,399 to €7,246
- Gross operating margin -€2,122
down €2,122 (-2.7%), from €79,344 to €77,222
- Depreciation +€1,189
up €1,189 (+30.4%), from €3,909 to €5,098
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 | €521,754 | €477,333 | -€44,420 | -8.5% |
| Fixed assets | 21/28 | €14,272 | €14,712 | +€440 | +3.1% |
| Tangible fixed assets | 22/27 | €14,235 | €14,675 | +€440 | +3.1% |
| Land and buildings | 22 | €3,227 | €3,050 | -€177 | -5.5% |
| Plant, machinery and equipment | 23 | €237 | €2,003 | +€1,766 | +745% |
| Furniture and vehicles | 24 | €7,394 | €5,310 | -€2,084 | -28.2% |
| Other tangible fixed assets | 26 | €3,377 | €4,312 | +€935 | +27.7% |
| Financial fixed assets | 28 | €37 | €37 | = | 0.0% |
| Current assets | 29/58 | €507,482 | €462,622 | -€44,860 | -8.8% |
| Amounts receivable after more than one year | 29 | €239,000 | €169,400 | -€69,600 | -29.1% |
| Other amounts receivable | 291 | €239,000 | €169,400 | -€69,600 | -29.1% |
| Amounts receivable within one year | 40/41 | €27,147 | €34,451 | +€7,304 | +26.9% |
| Trade receivables | 40 | €27,147 | €34,408 | +€7,261 | +26.7% |
| Other amounts receivable | 41 | - | €44 | +€44 | |
| Current investments | 50/53 | €50,000 | €124,766 | +€74,766 | +150% |
| Cash at bank and in hand | 54/58 | €182,096 | €127,997 | -€54,099 | -29.7% |
| Deferred charges and accrued income | 490/1 | €9,239 | €6,007 | -€3,232 | -35.0% |
| Total equity and liabilities | 10/49 | €521,754 | €477,333 | -€44,420 | -8.5% |
| Equity | 10/15 | €449,531 | €433,227 | -€16,304 | -3.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €443,331 | €427,027 | -€16,304 | -3.7% |
| Tax-exempt reserves | 132 | €5,340 | - | -€5,340 | |
| Distributable reserves | 133 | €437,991 | €427,027 | -€10,964 | -2.5% |
| Amounts payable | 17/49 | €72,223 | €44,107 | -€28,117 | -38.9% |
| Amounts payable after more than one year | 17 | €21,314 | €4,419 | -€16,895 | -79.3% |
| Financial debts | 170/4 | €21,314 | €4,419 | -€16,895 | -79.3% |
| Amounts payable within one year | 42/48 | €50,889 | €39,688 | -€11,201 | -22.0% |
| Current portion of amounts payable after more than one year | 42 | €23,949 | €16,916 | -€7,033 | -29.4% |
| Financial debts | 43 | €2,739 | €336 | -€2,403 | -87.7% |
| Credit institutions | 430/8 | €2,739 | €336 | -€2,403 | -87.7% |
| Trade debts | 44 | €5,025 | €3,876 | -€1,149 | -22.9% |
| Suppliers | 440/4 | €5,025 | €3,876 | -€1,149 | -22.9% |
| Taxes, remuneration and social security | 45 | €12,028 | €14,424 | +€2,396 | +19.9% |
| Taxes | 450/3 | €12,028 | €14,424 | +€2,396 | +19.9% |
| Other amounts payable | 47/48 | €7,148 | €4,136 | -€3,012 | -42.1% |
| Accrued charges and deferred income | 492/3 | €20 | €0 | -€20 | -99.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,909 | €5,098 | +€1,189 | +30.4% |
| Other operating charges | 640/8 | €690 | €600 | -€89 | -12.9% |
| Gross operating margin | 9900 | €79,344 | €77,222 | -€2,122 | -2.7% |
| Operating profit (loss) | 9901 | €74,745 | €71,524 | -€3,221 | -4.3% |
| Financial income | 75/76B | €10,399 | €7,246 | -€3,153 | -30.3% |
| Recurring financial income | 75 | €10,399 | €7,246 | -€3,153 | -30.3% |
| Financial charges | 65/66B | €5,126 | €4,374 | -€752 | -14.7% |
| Recurring financial charges | 65 | €5,126 | €4,374 | -€752 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | €80,018 | €74,396 | -€5,622 | -7.0% |
| Income taxes | 67/77 | €22,488 | €22,501 | +€13 | +0.1% |
| Profit (loss) for the period | 9904 | €57,530 | €51,894 | -€5,635 | -9.8% |
| Transfer from tax-exempt reserves | 789 | - | €5,340 | +€5,340 | |
| Profit (loss) for the period to be appropriated | 9905 | €57,530 | €57,234 | -€296 | -0.5% |
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 26 October 2026 via checked.be.