Devroye Instruments: 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 Instruments
Largest movements
- Cash -€504,964
down €504,964 (-38.9%), from €1.3m to €793,932
mainly Contributions, distributions and other (-€882,353) and Tax, wage and social debts (-€150,419)
- Stocks and contracts +€116,472
up €116,472 (+40.2%), from €289,459 to €405,931
- Tangible fixed assets -€82,549
down €82,549 (-37.3%), from €221,425 to €138,876
of which Furniture and vehicles: -€94,957
- Intangible fixed assets -€40,600
down €40,600 (-21.6%), from €187,719 to €147,119
- Receivables within one year +€28,086
up €28,086 (+16.7%), from €168,450 to €196,536
of which Trade receivables: +€80,529
- Profit (loss) carried forward -€370,401
down €370,401 (-26.0%), from €1.4m to €1.1m
- Tax, wage and social debts -€150,419
down €150,419 (-33.4%), from €450,115 to €299,696
of which Taxes: -€159,892
- Other debts +€145,378
up €145,378 (+248.5%), from €58,511 to €203,889
- Trade debts -€113,241
down €113,241 (-48.5%), from €233,702 to €120,461
- Staff costs +€115,826
up €115,826 (+18.0%), from €642,498 to €758,325
- Gross operating margin +€89,139
up €89,139 (+5.6%), from €1.6m to €1.7m
- Financial charges +€53,091
up €53,091 (+186.4%), from €28,476 to €81,567
- Depreciation +€32,000
up €32,000 (+29.7%), from €107,579 to €139,579
- Taxes -€24,453
down €24,453 (-11.7%), from €208,637 to €184,184
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 | €2,189,508 | €1,701,816 | -€487,693 | -22.3% |
| Fixed assets | 21/28 | €409,144 | €285,994 | -€123,149 | -30.1% |
| Intangible fixed assets | 21 | €187,719 | €147,119 | -€40,600 | -21.6% |
| Tangible fixed assets | 22/27 | €221,425 | €138,876 | -€82,549 | -37.3% |
| Plant, machinery and equipment | 23 | €5,671 | €4,011 | -€1,660 | -29.3% |
| Furniture and vehicles | 24 | €215,754 | €120,798 | -€94,957 | -44.0% |
| Other tangible fixed assets | 26 | - | €14,067 | +€14,067 | |
| Current assets | 29/58 | €1,780,365 | €1,415,822 | -€364,543 | -20.5% |
| Stocks and contracts in progress | 3 | €289,459 | €405,931 | +€116,472 | +40.2% |
| Stocks | 30/36 | €289,459 | €405,931 | +€116,472 | +40.2% |
| Amounts receivable within one year | 40/41 | €168,450 | €196,536 | +€28,086 | +16.7% |
| Trade receivables | 40 | €78,938 | €159,467 | +€80,529 | +102.0% |
| Other amounts receivable | 41 | €89,512 | €37,069 | -€52,443 | -58.6% |
| Cash at bank and in hand | 54/58 | €1,298,896 | €793,932 | -€504,964 | -38.9% |
| Deferred charges and accrued income | 490/1 | €23,560 | €19,423 | -€4,137 | -17.6% |
| Total equity and liabilities | 10/49 | €2,189,508 | €1,701,816 | -€487,693 | -22.3% |
| Equity | 10/15 | €1,447,180 | €1,076,779 | -€370,401 | -25.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,427,180 | €1,056,779 | -€370,401 | -26.0% |
| Amounts payable | 17/49 | €742,328 | €625,037 | -€117,291 | -15.8% |
| Amounts payable within one year | 42/48 | €742,328 | €625,037 | -€117,291 | -15.8% |
| Financial debts | 43 | - | €991 | +€991 | |
| Credit institutions | 430/8 | - | €991 | +€991 | |
| Trade debts | 44 | €233,702 | €120,461 | -€113,241 | -48.5% |
| Suppliers | 440/4 | €233,702 | €120,461 | -€113,241 | -48.5% |
| Taxes, remuneration and social security | 45 | €450,115 | €299,696 | -€150,419 | -33.4% |
| Taxes | 450/3 | €376,190 | €216,298 | -€159,892 | -42.5% |
| Remuneration and social security | 454/9 | €73,925 | €83,398 | +€9,473 | +12.8% |
| Other amounts payable | 47/48 | €58,511 | €203,889 | +€145,378 | +248.5% |
| Non-recurring operating income | 76A | €1,365 | - | -€1,365 | |
| Remuneration, social security and pensions | 62 | €642,498 | €758,325 | +€115,826 | +18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,579 | €139,579 | +€32,000 | +29.7% |
| Other operating charges | 640/8 | €6,407 | €15,303 | +€8,896 | +138.8% |
| Non-recurring operating charges | 66A | €595 | - | -€595 | |
| Gross operating margin | 9900 | €1,581,398 | €1,670,537 | +€89,139 | +5.6% |
| Operating profit (loss) | 9901 | €824,319 | €757,330 | -€66,989 | -8.1% |
| Financial income | 75/76B | €16,333 | €20,374 | +€4,041 | +24.7% |
| Recurring financial income | 75 | €16,333 | €20,374 | +€4,041 | +24.7% |
| Financial charges | 65/66B | €28,476 | €81,567 | +€53,091 | +186.4% |
| Recurring financial charges | 65 | €28,476 | €81,567 | +€53,091 | +186.4% |
| Profit (loss) for the period before taxes | 9903 | €812,175 | €696,136 | -€116,040 | -14.3% |
| Income taxes | 67/77 | €208,637 | €184,184 | -€24,453 | -11.7% |
| Profit (loss) for the period | 9904 | €603,538 | €511,951 | -€91,587 | -15.2% |
| Profit (loss) for the period to be appropriated | 9905 | €603,538 | €511,951 | -€91,587 | -15.2% |
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 29 September 2026 via checked.be.