Devotech: 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.
Devotech
Largest movements
- Tangible fixed assets -€15,187
no longer reported in 2024 (was €15,187)
of which Furniture and vehicles: -€15,187
- Cash +€9,805
up €9,805 (+13.3%), from €73,530 to €83,335
mainly Tax, wage and social debts (+€51,159) and Depreciation (+€16,575)
- Receivables within one year +€3,726
up €3,726 (+8.9%), from €41,770 to €45,496
of which Other amounts receivable: +€3,726
- Profit (loss) carried forward -€56,208
down €56,208 (-46.9%), from €119,965 to €63,757
- Tax, wage and social debts +€51,159
up €51,159 (+487%), from €10,506 to €61,665
of which Taxes: +€48,910
- Trade debts +€2,005
up €2,005 (+31.0%), from €6,468 to €8,473
- Purchases and services +€452,418
new in 2024: €452,418
- Gross operating margin -€61,496
down €61,496, from €47,930 to -€13,566
- Financial charges +€5,843
up €5,843 (+28.9%), from €20,211 to €26,054
- Depreciation -€1,871
down €1,871 (-10.1%), from €18,446 to €16,575
- Financial income +€545
up €545 (+7,965%), from €7 to €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.
Derived cash bridge
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 | €157,464 | €154,420 | -€3,044 | -1.9% |
| Fixed assets | 21/28 | €22,212 | €5,636 | -€16,575 | -74.6% |
| Intangible fixed assets | 21 | €2,777 | €1,388 | -€1,388 | -50.0% |
| Tangible fixed assets | 22/27 | €15,187 | - | -€15,187 | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €15,187 | - | -€15,187 | |
| Financial fixed assets | 28 | €4,248 | €4,248 | = | 0.0% |
| Current assets | 29/58 | €135,252 | €148,783 | +€13,531 | +10.0% |
| Amounts receivable after more than one year | 29 | €19,458 | €19,458 | = | 0.0% |
| Other amounts receivable | 291 | €19,458 | €19,458 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €41,770 | €45,496 | +€3,726 | +8.9% |
| Trade receivables | 40 | €41,762 | €41,762 | = | 0.0% |
| Other amounts receivable | 41 | €8 | €3,734 | +€3,726 | +45,052% |
| Cash at bank and in hand | 54/58 | €73,530 | €83,335 | +€9,805 | +13.3% |
| Deferred charges and accrued income | 490/1 | €494 | €494 | = | 0.0% |
| Total equity and liabilities | 10/49 | €157,464 | €154,420 | -€3,044 | -1.9% |
| Equity | 10/15 | €140,425 | €84,217 | -€56,208 | -40.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €119,965 | €63,757 | -€56,208 | -46.9% |
| Amounts payable | 17/49 | €17,039 | €70,203 | +€53,164 | +312% |
| Amounts payable within one year | 42/48 | €17,039 | €70,203 | +€53,164 | +312% |
| Financial debts | 43 | €64 | €64 | = | 0.0% |
| Credit institutions | 430/8 | €64 | €64 | = | 0.0% |
| Trade debts | 44 | €6,468 | €8,473 | +€2,005 | +31.0% |
| Suppliers | 440/4 | €6,468 | €8,473 | +€2,005 | +31.0% |
| Taxes, remuneration and social security | 45 | €10,506 | €61,665 | +€51,159 | +487% |
| Taxes | 450/3 | €10,506 | €59,417 | +€48,910 | +466% |
| Remuneration and social security | 454/9 | - | €2,249 | +€2,249 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €452,418 | +€452,418 | |
| Remuneration, social security and pensions | 62 | - | €129 | +€129 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,446 | €16,575 | -€1,871 | -10.1% |
| Other operating charges | 640/8 | €307 | €435 | +€129 | +42.0% |
| Gross operating margin | 9900 | €47,930 | -€13,566 | -€61,496 | |
| Operating profit (loss) | 9901 | €29,178 | -€30,705 | -€59,883 | |
| Financial income | 75/76B | €7 | €552 | +€545 | +7,965% |
| Recurring financial income | 75 | €7 | €552 | +€545 | +7,965% |
| Financial charges | 65/66B | €20,211 | €26,054 | +€5,843 | +28.9% |
| Recurring financial charges | 65 | €20,211 | €26,054 | +€5,843 | +28.9% |
| Profit (loss) for the period before taxes | 9903 | €8,973 | -€56,208 | -€65,181 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €8,973 | -€56,208 | -€65,181 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,973 | -€56,208 | -€65,181 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.