DEVRIESE SANDER: 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.
DEVRIESE SANDER
Largest movements
- Tangible fixed assets -€53,452
down €53,452 (-89.7%), from €59,579 to €6,126
of which Leasing and similar rights: -€33,400
- Cash +€19,942
up €19,942 (+19.7%), from €101,384 to €121,326
mainly Depreciation (+€53,452) and Net result for the year (+€39,227)
- Other debts +€30,888
up €30,888 (+238%), from €12,954 to €43,842
- Current portion of long-term debt -€30,217
down €30,217 (-62.3%), from €48,539 to €18,322
- Debts after one year -€18,322
down €18,322 (-62.8%), from €29,158 to €10,836
- Reserves -€5,482
down €5,482 (-12.3%), from €44,709 to €39,227
- Trade debts -€4,871
down €4,871 (-58.2%), from €8,364 to €3,494
- Gross operating margin +€6,606
up €6,606 (+6.6%), from €100,708 to €107,313
- Depreciation -€5,264
down €5,264 (-9.0%), from €58,717 to €53,452
- Taxes +€2,374
up €2,374 (+31.0%), from €7,653 to €10,027
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 | €203,884 | €172,095 | -€31,789 | -15.6% |
| Fixed assets | 21/28 | €59,714 | €6,261 | -€53,452 | -89.5% |
| Tangible fixed assets | 22/27 | €59,579 | €6,126 | -€53,452 | -89.7% |
| Furniture and vehicles | 24 | €22,701 | €2,649 | -€20,052 | -88.3% |
| Leasing and similar rights | 25 | €36,877 | €3,477 | -€33,400 | -90.6% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €144,171 | €165,834 | +€21,663 | +15.0% |
| Amounts receivable within one year | 40/41 | €41,334 | €43,067 | +€1,733 | +4.2% |
| Trade receivables | 40 | €38,987 | €42,975 | +€3,988 | +10.2% |
| Other amounts receivable | 41 | €2,347 | €91 | -€2,256 | -96.1% |
| Cash at bank and in hand | 54/58 | €101,384 | €121,326 | +€19,942 | +19.7% |
| Deferred charges and accrued income | 490/1 | €1,453 | €1,442 | -€11 | -0.8% |
| Total equity and liabilities | 10/49 | €203,884 | €172,095 | -€31,789 | -15.6% |
| Equity | 10/15 | €94,709 | €89,227 | -€5,482 | -5.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €44,709 | €39,227 | -€5,482 | -12.3% |
| Distributable reserves | 133 | €44,709 | €39,227 | -€5,482 | -12.3% |
| Amounts payable | 17/49 | €109,175 | €82,868 | -€26,308 | -24.1% |
| Amounts payable after more than one year | 17 | €29,158 | €10,836 | -€18,322 | -62.8% |
| Financial debts | 170/4 | €29,158 | €10,836 | -€18,322 | -62.8% |
| Amounts payable within one year | 42/48 | €79,281 | €71,154 | -€8,127 | -10.3% |
| Current portion of amounts payable after more than one year | 42 | €48,539 | €18,322 | -€30,217 | -62.3% |
| Trade debts | 44 | €8,364 | €3,494 | -€4,871 | -58.2% |
| Suppliers | 440/4 | €8,364 | €3,494 | -€4,871 | -58.2% |
| Taxes, remuneration and social security | 45 | €9,423 | €5,496 | -€3,927 | -41.7% |
| Taxes | 450/3 | €9,423 | €5,496 | -€3,927 | -41.7% |
| Other amounts payable | 47/48 | €12,954 | €43,842 | +€30,888 | +238% |
| Accrued charges and deferred income | 492/3 | €736 | €877 | +€141 | +19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,717 | €53,452 | -€5,264 | -9.0% |
| Other operating charges | 640/8 | €1,039 | €1,734 | +€695 | +66.9% |
| Gross operating margin | 9900 | €100,708 | €107,313 | +€6,606 | +6.6% |
| Operating profit (loss) | 9901 | €40,952 | €52,127 | +€11,174 | +27.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,818 | €2,873 | -€945 | -24.8% |
| Recurring financial charges | 65 | €3,818 | €2,873 | -€945 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | €37,134 | €49,254 | +€12,119 | +32.6% |
| Income taxes | 67/77 | €7,653 | €10,027 | +€2,374 | +31.0% |
| Profit (loss) for the period | 9904 | €29,481 | €39,227 | +€9,746 | +33.1% |
| Profit (loss) for the period to be appropriated | 9905 | €29,481 | €39,227 | +€9,746 | +33.1% |
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 13 October 2026 via checked.be.