DEVRIENDT STEVEN: 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.
DEVRIENDT STEVEN
Largest movements
- Cash +€40,761
up €40,761 (+93.2%), from €43,728 to €84,488
mainly Debts after one year (+€18,939) and Depreciation (+€18,768)
- Tangible fixed assets +€14,404
up €14,404 (+10.5%), from €137,292 to €151,696
of which Furniture and vehicles: +€21,816
- Receivables within one year +€8,818
up €8,818 (+8.2%), from €107,347 to €116,165
of which Trade receivables: +€6,920
- Deferred charges and accrued income +€5,290
up €5,290 (+125%), from €4,221 to €9,511
- Debts after one year +€18,939
up €18,939 (+34.5%), from €54,846 to €73,785
- Trade debts +€18,025
up €18,025 (+147%), from €12,273 to €30,298
- Reserves +€15,115
up €15,115 (+7.6%), from €197,748 to €212,862
- Current portion of long-term debt +€7,865
up €7,865 (+29.1%), from €26,981 to €34,846
- Short-term financial debts +€4,375
up €4,375, from €0 to €4,375
- Staff costs +€36,120
up €36,120 (+338%), from €10,676 to €46,796
- Gross operating margin +€23,166
up €23,166 (+31.4%), from €73,781 to €96,948
- Depreciation -€2,915
down €2,915 (-13.4%), from €21,683 to €18,768
- Taxes -€2,280
down €2,280 (-23.4%), from €9,722 to €7,442
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 | €325,710 | €393,739 | +€68,029 | +20.9% |
| Fixed assets | 21/28 | €137,292 | €151,696 | +€14,404 | +10.5% |
| Tangible fixed assets | 22/27 | €137,292 | €151,696 | +€14,404 | +10.5% |
| Land and buildings | 22 | €108,709 | €102,436 | -€6,273 | -5.8% |
| Plant, machinery and equipment | 23 | €10,031 | €8,892 | -€1,139 | -11.4% |
| Furniture and vehicles | 24 | €18,553 | €40,368 | +€21,816 | +118% |
| Current assets | 29/58 | €188,417 | €242,042 | +€53,625 | +28.5% |
| Stocks and contracts in progress | 3 | €21,122 | €19,878 | -€1,244 | -5.9% |
| Stocks | 30/36 | €21,122 | €19,878 | -€1,244 | -5.9% |
| Amounts receivable within one year | 40/41 | €107,347 | €116,165 | +€8,818 | +8.2% |
| Trade receivables | 40 | €100,033 | €106,954 | +€6,920 | +6.9% |
| Other amounts receivable | 41 | €7,313 | €9,211 | +€1,898 | +26.0% |
| Current investments | 50/53 | €12,000 | €12,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €43,728 | €84,488 | +€40,761 | +93.2% |
| Deferred charges and accrued income | 490/1 | €4,221 | €9,511 | +€5,290 | +125% |
| Total equity and liabilities | 10/49 | €325,710 | €393,739 | +€68,029 | +20.9% |
| Equity | 10/15 | €207,684 | €222,799 | +€15,115 | +7.3% |
| Contributions | 10/11 | €9,937 | €9,937 | = | 0.0% |
| Reserves | 13 | €197,748 | €212,862 | +€15,115 | +7.6% |
| Distributable reserves | 133 | €197,748 | €212,862 | +€15,115 | +7.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €118,026 | €170,940 | +€52,914 | +44.8% |
| Amounts payable after more than one year | 17 | €54,846 | €73,785 | +€18,939 | +34.5% |
| Financial debts | 170/4 | €54,846 | €73,785 | +€18,939 | +34.5% |
| Amounts payable within one year | 42/48 | €63,179 | €97,155 | +€33,975 | +53.8% |
| Current portion of amounts payable after more than one year | 42 | €26,981 | €34,846 | +€7,865 | +29.1% |
| Financial debts | 43 | €0 | €4,375 | +€4,375 | |
| Credit institutions | 430/8 | €0 | €4,375 | +€4,375 | |
| Trade debts | 44 | €12,273 | €30,298 | +€18,025 | +147% |
| Suppliers | 440/4 | €12,273 | €30,298 | +€18,025 | +147% |
| Taxes, remuneration and social security | 45 | €11,567 | €14,581 | +€3,014 | +26.1% |
| Taxes | 450/3 | €8,370 | €6,066 | -€2,305 | -27.5% |
| Remuneration and social security | 454/9 | €3,197 | €8,515 | +€5,318 | +166% |
| Other amounts payable | 47/48 | €12,358 | €13,054 | +€697 | +5.6% |
| Remuneration, social security and pensions | 62 | €10,676 | €46,796 | +€36,120 | +338% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,683 | €18,768 | -€2,915 | -13.4% |
| Other operating charges | 640/8 | €4,727 | €4,088 | -€638 | -13.5% |
| Non-recurring operating charges | 66A | - | €14 | +€14 | |
| Gross operating margin | 9900 | €73,781 | €96,948 | +€23,166 | +31.4% |
| Operating profit (loss) | 9901 | €36,695 | €27,281 | -€9,414 | -25.7% |
| Financial income | 75/76B | €238 | €547 | +€309 | +130% |
| Recurring financial income | 75 | €238 | €547 | +€309 | +130% |
| Financial charges | 65/66B | €5,673 | €5,271 | -€402 | -7.1% |
| Recurring financial charges | 65 | €5,673 | €5,271 | -€402 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €31,260 | €22,557 | -€8,703 | -27.8% |
| Income taxes | 67/77 | €9,722 | €7,442 | -€2,280 | -23.4% |
| Profit (loss) for the period | 9904 | €21,538 | €15,115 | -€6,423 | -29.8% |
| Profit (loss) for the period to be appropriated | 9905 | €21,538 | €15,115 | -€6,423 | -29.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.