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DEVROYE & ASSOCIES: 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.

What changed

DEVROYE & ASSOCIES

BE 0473.545.882
NACE 69.201, Certified accountants and tax accountants
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€8,323
2023 · €4,094-€12,417
Equity
€16,493
2023 · €24,816-€8,323
Cash
€8,078
2023 · €27,316-€19,238
Balance sheet total
€33,339
2023 · €44,111-€10,773

Largest movements

2023 to 2024
Assets
  • Cash -€19,238

    down €19,238 (-70.4%), from €27,316 to €8,078

    mainly Receivables within one year (-€9,738) and Net result for the year (-€8,323)

  • Receivables within one year +€9,738

    up €9,738 (+67.5%), from €14,420 to €24,158

    of which Other amounts receivable: +€11,291

  • Deferred charges and accrued income -€1,273

    down €1,273 (-53.6%), from €2,375 to €1,102

Equity and liabilities
  • Profit (loss) carried forward -€8,323

    down €8,323, from €2,816 to -€5,507

  • Other debts -€6,000

    down €6,000 (-31.7%), from €18,914 to €12,914

  • Trade debts +€3,673

    up €3,673 (+1420.8%), from €258 to €3,931

Income statement
  • Gross operating margin -€6,730

    down €6,730, from €2,381 to -€4,348

  • Write-downs +€3,971

    new in 2024: €3,971

  • Financial income -€1,818

    down €1,818 (-76.3%), from €2,384 to €566

  • Financial charges -€112

    down €112 (-45.3%), from €247 to €135

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €4,094
Gross operating margin -€6,730
Write-downs -€3,971
Other operating charges -€9
Financial income -€1,818
Financial charges +€112
Result 2024 -€8,323

Cash bridge derived

cash 2023 to 2024

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.

From operations -€19,238
Investment €0
Financing €0
Cash 2023 €27,316
Net result for the year -€8,323
Receivables within one year -€9,738
Deferred charges and accrued income +€1,273
Trade debts +€3,673
Tax, wage and social debts -€94
Other debts -€6,000
Accrued charges and deferred income -€28
Cash 2024 €8,078
Every line side by side 33 lines
Line Code 2023 2024 Change %
Total assets 20/58 €44,111 €33,339 -€10,773 -24.4%
Current assets 29/58 €44,111 €33,339 -€10,773 -24.4%
Amounts receivable within one year 40/41 €14,420 €24,158 +€9,738 +67.5%
Trade receivables 40 €13,786 €12,233 -€1,553 -11.3%
Other amounts receivable 41 €634 €11,925 +€11,291 +1781.0%
Cash at bank and in hand 54/58 €27,316 €8,078 -€19,238 -70.4%
Deferred charges and accrued income 490/1 €2,375 €1,102 -€1,273 -53.6%
Total equity and liabilities 10/49 €44,111 €33,339 -€10,773 -24.4%
Equity 10/15 €24,816 €16,493 -€8,323 -33.5%
Contributions 10/11 €20,000 €20,000 = 0.0%
Reserves 13 €2,000 €2,000 = 0.0%
Non-distributable reserves 130/1 €2,000 €2,000 = 0.0%
Reserves not available under the articles 1311 €2,000 €2,000 = 0.0%
Profit (loss) carried forward 14 €2,816 -€5,507 -€8,323
Amounts payable 17/49 €19,296 €16,845 -€2,450 -12.7%
Amounts payable within one year 42/48 €19,267 €16,845 -€2,422 -12.6%
Trade debts 44 €258 €3,931 +€3,673 +1420.8%
Suppliers 440/4 €258 €3,931 +€3,673 +1420.8%
Taxes, remuneration and social security 45 €94 - -€94
Taxes 450/3 €94 - -€94
Other amounts payable 47/48 €18,914 €12,914 -€6,000 -31.7%
Accrued charges and deferred income 492/3 €28 - -€28
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) 631/4 - €3,971 +€3,971
Other operating charges 640/8 €424 €433 +€9 +2.1%
Gross operating margin 9900 €2,381 -€4,348 -€6,730
Operating profit (loss) 9901 €1,957 -€8,753 -€10,710
Financial income 75/76B €2,384 €566 -€1,818 -76.3%
Recurring financial income 75 €2,384 €566 -€1,818 -76.3%
Financial charges 65/66B €247 €135 -€112 -45.3%
Recurring financial charges 65 €247 €135 -€112 -45.3%
Profit (loss) for the period before taxes 9903 €4,094 -€8,323 -€12,417
Profit (loss) for the period 9904 €4,094 -€8,323 -€12,417
Profit (loss) for the period to be appropriated 9905 €4,094 -€8,323 -€12,417

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.