DEVROYE ELECTRO DESIGN: 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.
DEVROYE ELECTRO DESIGN
Largest movements
- Tangible fixed assets +€240,289
up €240,289 (+827.4%), from €29,043 to €269,332
- Receivables within one year -€16,515
down €16,515 (-22.2%), from €74,264 to €57,749
of which Trade receivables: -€16,353
- Stocks and contracts +€5,685
up €5,685 (+46.8%), from €12,158 to €17,843
- Debts after one year +€172,892
up €172,892 (+3641.0%), from €4,748 to €177,640
- Reserves +€21,059
up €21,059 (+41.5%), from €50,730 to €71,788
of which Distributable reserves: +€21,059
- Other debts +€18,862
new in 2025: €18,862
- Tax, wage and social debts +€9,888
up €9,888 (+38.0%), from €26,036 to €35,923
of which Taxes: +€10,562
- Current portion of long-term debt +€4,382
up €4,382 (+88.0%), from €4,978 to €9,360
- Gross operating margin +€27,110
up €27,110 (+164.8%), from €16,454 to €43,564
- Write-downs +€9,968
up €9,968, from -€5,271 to €4,697
- Taxes +€7,532
up €7,532 (+442.3%), from €1,703 to €9,235
- Other operating charges -€5,888
down €5,888 (-49.5%), from €11,902 to €6,014
- Depreciation -€4,202
down €4,202 (-90.5%), from €4,646 to €443
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 | €151,585 | €377,731 | +€226,147 | +149.2% |
| Fixed assets | 21/28 | €29,043 | €269,332 | +€240,289 | +827.4% |
| Tangible fixed assets | 22/27 | €29,043 | €269,332 | +€240,289 | +827.4% |
| Land and buildings | 22 | €29,043 | €269,332 | +€240,289 | +827.4% |
| Current assets | 29/58 | €122,542 | €108,400 | -€14,142 | -11.5% |
| Amounts receivable after more than one year | 29 | €23,000 | €23,000 | = | 0.0% |
| Other amounts receivable | 291 | €23,000 | €23,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €12,158 | €17,843 | +€5,685 | +46.8% |
| Stocks | 30/36 | €12,158 | €17,843 | +€5,685 | +46.8% |
| Amounts receivable within one year | 40/41 | €74,264 | €57,749 | -€16,515 | -22.2% |
| Trade receivables | 40 | €74,090 | €57,737 | -€16,353 | -22.1% |
| Other amounts receivable | 41 | €174 | €12 | -€162 | -92.9% |
| Cash at bank and in hand | 54/58 | €11,568 | €8,047 | -€3,520 | -30.4% |
| Deferred charges and accrued income | 490/1 | €1,552 | €1,761 | +€209 | +13.4% |
| Total equity and liabilities | 10/49 | €151,585 | €377,731 | +€226,147 | +149.2% |
| Equity | 10/15 | €57,260 | €78,319 | +€21,059 | +36.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €50,730 | €71,788 | +€21,059 | +41.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €48,870 | €69,928 | +€21,059 | +43.1% |
| Profit (loss) carried forward | 14 | €331 | €331 | = | 0.0% |
| Amounts payable | 17/49 | €94,324 | €299,412 | +€205,088 | +217.4% |
| Amounts payable after more than one year | 17 | €4,748 | €177,640 | +€172,892 | +3641.0% |
| Financial debts | 170/4 | €4,748 | €177,640 | +€172,892 | +3641.0% |
| Amounts payable within one year | 42/48 | €89,576 | €121,772 | +€32,196 | +35.9% |
| Current portion of amounts payable after more than one year | 42 | €4,978 | €9,360 | +€4,382 | +88.0% |
| Trade debts | 44 | €58,563 | €57,627 | -€935 | -1.6% |
| Suppliers | 440/4 | €58,563 | €57,627 | -€935 | -1.6% |
| Taxes, remuneration and social security | 45 | €26,036 | €35,923 | +€9,888 | +38.0% |
| Taxes | 450/3 | €25,362 | €35,923 | +€10,562 | +41.6% |
| Remuneration and social security | 454/9 | €674 | - | -€674 | |
| Other amounts payable | 47/48 | - | €18,862 | +€18,862 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,646 | €443 | -€4,202 | -90.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€5,271 | €4,697 | +€9,968 | |
| Other operating charges | 640/8 | €11,902 | €6,014 | -€5,888 | -49.5% |
| Gross operating margin | 9900 | €16,454 | €43,564 | +€27,110 | +164.8% |
| Operating profit (loss) | 9901 | €5,177 | €32,409 | +€27,232 | +526.0% |
| Financial income | 75/76B | €583 | €691 | +€108 | +18.5% |
| Recurring financial income | 75 | €583 | €691 | +€108 | +18.5% |
| Financial charges | 65/66B | €2,190 | €2,806 | +€616 | +28.1% |
| Recurring financial charges | 65 | €2,190 | €2,806 | +€616 | +28.1% |
| Profit (loss) for the period before taxes | 9903 | €3,569 | €30,294 | +€26,724 | +748.7% |
| Income taxes | 67/77 | €1,703 | €9,235 | +€7,532 | +442.3% |
| Profit (loss) for the period | 9904 | €1,867 | €21,059 | +€19,192 | +1028.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,867 | €21,059 | +€19,192 | +1028.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.