DEVTEN: 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.
DEVTEN
Largest movements
- Cash +€11,284
up €11,284 (+8.5%), from €133,354 to €144,638
mainly Net result for the year (+€13,796) and Tax, wage and social debts (+€3,809)
- Receivables within one year +€3,586
up €3,586 (+15.2%), from €23,650 to €27,236
of which Trade receivables: +€3,630
- Tangible fixed assets +€2,886
up €2,886 (+159.1%), from €1,814 to €4,700
- Reserves +€12,000
up €12,000 (+645.2%), from €1,860 to €13,860
of which Distributable reserves: +€12,000
- Tax, wage and social debts +€3,809
up €3,809 (+74.5%), from €5,112 to €8,921
- Profit (loss) carried forward +€1,796
up €1,796 (+4.8%), from €37,265 to €39,061
- Gross operating margin +€9,006
up €9,006 (+69.6%), from €12,936 to €21,942
- Taxes +€3,851
up €3,851 (+137.2%), from €2,807 to €6,658
- Depreciation -€1,544
down €1,544 (-45.2%), from €3,416 to €1,872
- Financial income +€796
up €796 (+129.1%), from €616 to €1,412
- Other operating charges +€233
up €233 (+38.7%), from €604 to €837
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 | €158,920 | €176,700 | +€17,779 | +11.2% |
| Fixed assets | 21/28 | €1,814 | €4,700 | +€2,886 | +159.1% |
| Tangible fixed assets | 22/27 | €1,814 | €4,700 | +€2,886 | +159.1% |
| Furniture and vehicles | 24 | €1,814 | €4,700 | +€2,886 | +159.1% |
| Current assets | 29/58 | €157,107 | €172,000 | +€14,893 | +9.5% |
| Amounts receivable within one year | 40/41 | €23,650 | €27,236 | +€3,586 | +15.2% |
| Trade receivables | 40 | €23,595 | €27,225 | +€3,630 | +15.4% |
| Other amounts receivable | 41 | €56 | €11 | -€44 | -79.6% |
| Cash at bank and in hand | 54/58 | €133,354 | €144,638 | +€11,284 | +8.5% |
| Deferred charges and accrued income | 490/1 | €102 | €126 | +€23 | +22.8% |
| Total equity and liabilities | 10/49 | €158,920 | €176,700 | +€17,779 | +11.2% |
| Equity | 10/15 | €45,325 | €59,121 | +€13,796 | +30.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €13,860 | +€12,000 | +645.2% |
| 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 | - | €12,000 | +€12,000 | |
| Profit (loss) carried forward | 14 | €37,265 | €39,061 | +€1,796 | +4.8% |
| Provisions and deferred taxes | 16 | €106,747 | €106,747 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €106,747 | €106,747 | = | 0.0% |
| Pensions and similar obligations | 160 | €106,747 | €106,747 | = | 0.0% |
| Amounts payable | 17/49 | €6,848 | €10,831 | +€3,983 | +58.2% |
| Amounts payable within one year | 42/48 | €6,848 | €10,831 | +€3,983 | +58.2% |
| Trade debts | 44 | €1,736 | €1,910 | +€175 | +10.1% |
| Suppliers | 440/4 | €1,736 | €1,910 | +€175 | +10.1% |
| Taxes, remuneration and social security | 45 | €5,112 | €8,921 | +€3,809 | +74.5% |
| Taxes | 450/3 | €5,112 | €8,921 | +€3,809 | +74.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,416 | €1,872 | -€1,544 | -45.2% |
| Other operating charges | 640/8 | €604 | €837 | +€233 | +38.7% |
| Gross operating margin | 9900 | €12,936 | €21,942 | +€9,006 | +69.6% |
| Operating profit (loss) | 9901 | €8,917 | €19,233 | +€10,316 | +115.7% |
| Financial income | 75/76B | €616 | €1,412 | +€796 | +129.1% |
| Recurring financial income | 75 | €616 | €1,412 | +€796 | +129.1% |
| Financial charges | 65/66B | €188 | €191 | +€3 | +1.7% |
| Recurring financial charges | 65 | €188 | €191 | +€3 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €9,345 | €20,454 | +€11,109 | +118.9% |
| Income taxes | 67/77 | €2,807 | €6,658 | +€3,851 | +137.2% |
| Profit (loss) for the period | 9904 | €6,538 | €13,796 | +€7,258 | +111.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,538 | €13,796 | +€7,258 | +111.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.