DEVOTIS BELGIQUE: 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.
DEVOTIS BELGIQUE
Largest movements
- Cash -€9,027
down €9,027 (-21.0%), from €43,066 to €34,038
mainly Trade debts (-€19,382) and Tax, wage and social debts (-€1,481)
- Receivables within one year -€5,581
down €5,581 (-34.0%), from €16,407 to €10,826
of which Trade receivables: -€5,825
- Tangible fixed assets -€788
no longer reported in 2025 (was €788)
- Trade debts -€19,382
down €19,382 (-30.9%), from €62,737 to €43,355
- Other debts +€3,583
up €3,583 (+23.8%), from €15,068 to €18,651
- Profit (loss) carried forward +€1,884
up €1,884 (+3.1%), from -€60,673 to -€58,789
- Tax, wage and social debts -€1,481
down €1,481 (-8.7%), from €17,006 to €15,524
of which Taxes: -€1,568
- Gross operating margin +€8,841
up €8,841 (+17.8%), from €49,639 to €58,481
- Staff costs +€3,977
up €3,977 (+7.9%), from €50,623 to €54,600
- Other operating charges -€1,727
down €1,727 (-78.9%), from €2,190 to €463
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 | €64,138 | €48,741 | -€15,397 | -24.0% |
| Fixed assets | 21/28 | €4,665 | €3,877 | -€788 | -16.9% |
| Tangible fixed assets | 22/27 | €788 | - | -€788 | |
| Furniture and vehicles | 24 | €788 | - | -€788 | |
| Financial fixed assets | 28 | €3,877 | €3,877 | = | 0.0% |
| Current assets | 29/58 | €59,473 | €44,864 | -€14,609 | -24.6% |
| Amounts receivable within one year | 40/41 | €16,407 | €10,826 | -€5,581 | -34.0% |
| Trade receivables | 40 | €13,871 | €8,046 | -€5,825 | -42.0% |
| Other amounts receivable | 41 | €2,537 | €2,780 | +€243 | +9.6% |
| Cash at bank and in hand | 54/58 | €43,066 | €34,038 | -€9,027 | -21.0% |
| Total equity and liabilities | 10/49 | €64,138 | €48,741 | -€15,397 | -24.0% |
| Equity | 10/15 | -€30,673 | -€28,789 | +€1,884 | +6.1% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,673 | -€58,789 | +€1,884 | +3.1% |
| Amounts payable | 17/49 | €94,811 | €77,531 | -€17,280 | -18.2% |
| Amounts payable within one year | 42/48 | €94,811 | €77,531 | -€17,280 | -18.2% |
| Trade debts | 44 | €62,737 | €43,355 | -€19,382 | -30.9% |
| Suppliers | 440/4 | €62,737 | €43,355 | -€19,382 | -30.9% |
| Taxes, remuneration and social security | 45 | €17,006 | €15,524 | -€1,481 | -8.7% |
| Taxes | 450/3 | €11,326 | €9,758 | -€1,568 | -13.8% |
| Remuneration and social security | 454/9 | €5,679 | €5,766 | +€87 | +1.5% |
| Other amounts payable | 47/48 | €15,068 | €18,651 | +€3,583 | +23.8% |
| Remuneration, social security and pensions | 62 | €50,623 | €54,600 | +€3,977 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €827 | €788 | -€39 | -4.8% |
| Other operating charges | 640/8 | €2,190 | €463 | -€1,727 | -78.9% |
| Gross operating margin | 9900 | €49,639 | €58,481 | +€8,841 | +17.8% |
| Operating profit (loss) | 9901 | -€4,001 | €2,630 | +€6,631 | |
| Financial income | 75/76B | €37 | €151 | +€113 | +302.9% |
| Recurring financial income | 75 | €37 | €151 | +€113 | +302.9% |
| Financial charges | 65/66B | €1,033 | €897 | -€135 | -13.1% |
| Recurring financial charges | 65 | €1,033 | €897 | -€135 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,996 | €1,884 | +€6,880 | |
| Profit (loss) for the period | 9904 | -€4,996 | €1,884 | +€6,880 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,996 | €1,884 | +€6,880 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.