DEVUMA: 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
DEVUMA
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€523,655
2024 · €105,168+€418,487
Equity
€23.0m
2024 · €22.4m+€523,655
Cash
€88,339
2024 · €84,899+€3,440
Balance sheet total
€29.7m
2024 · €29.3m+€410,906
Largest movements
Assets
- Financial fixed assets +€3.1m
up €3.1m (+35.0%), from €8.9m to €12.1m
- Receivables after one year -€3.1m
down €3.1m (-100.0%), from €3.1m to €0
- Receivables within one year +€821,807
up €821,807 (+25.2%), from €3.3m to €4.1m
of which Other amounts receivable: +€922,120
- Tangible fixed assets -€465,732
down €465,732 (-3.9%), from €11.9m to €11.5m
of which Furniture and vehicles: -€246,344
Equity and liabilities
- Profit (loss) carried forward +€532,470
up €532,470 (+2.4%), from €22.2m to €22.7m
Income statement
- Gross operating margin +€485,132
up €485,132 (+61.7%), from €785,720 to €1.3m
- Taxes +€135,339
up €135,339 (+101.5%), from €133,363 to €268,702
- Financial charges -€91,580
down €91,580 (-31.6%), from €289,499 to €197,919
- Financial income -€36,838
down €36,838 (-14.7%), from €251,007 to €214,169
- Depreciation +€20,355
up €20,355 (+4.3%), from €468,765 to €489,120
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.
Result 2024
€105,168
Gross operating margin
+€485,132
Depreciation
-€20,355
Other operating charges
+€4,307
Other operating items
+€30,000
Financial income
-€36,838
Financial charges
+€91,580
Taxes
-€135,339
Result 2025
€523,655
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.
From operations
+€3.3m
Investment
-€3.2m
Financing
-€156,787
Cash 2024
€84,899
From operations (derived)
+€3.3m
Net result for the year
+€523,655
Depreciation
+€489,120
Receivables after one year
+€3.1m
Receivables within one year
-€821,807
Smaller working-capital items
-€11,968
Trade debts
-€57,732
Tax, wage and social debts
+€107,647
Investment (derived)
-€3.2m
Investment in fixed assets (net)
-€3.2m
Financing
-€156,787
Debts after one year
-€290,058
Current portion of long-term debt
+€26,102
Short-term financial debts
+€107,169
Cash 2025
€88,339
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,286,193 | €29,697,099 | +€410,906 | +1.4% |
| Fixed assets | 21/28 | €20,863,946 | €23,534,114 | +€2.7m | +12.8% |
| Tangible fixed assets | 22/27 | €11,916,172 | €11,450,440 | -€465,732 | -3.9% |
| Land and buildings | 22 | €9,504,629 | €9,285,241 | -€219,388 | -2.3% |
| Furniture and vehicles | 24 | €2,411,543 | €2,165,198 | -€246,344 | -10.2% |
| Financial fixed assets | 28 | €8,947,774 | €12,083,674 | +€3.1m | +35.0% |
| Current assets | 29/58 | €8,422,248 | €6,162,985 | -€2.3m | -26.8% |
| Amounts receivable after more than one year | 29 | €3,090,600 | €0 | -€3.1m | -100.0% |
| Other amounts receivable | 291 | €3,090,600 | €0 | -€3.1m | -100.0% |
| Amounts receivable within one year | 40/41 | €3,257,358 | €4,079,165 | +€821,807 | +25.2% |
| Trade receivables | 40 | €159,233 | €58,920 | -€100,313 | -63.0% |
| Other amounts receivable | 41 | €3,098,125 | €4,020,245 | +€922,120 | +29.8% |
| Current investments | 50/53 | €1,986,417 | €1,986,417 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €84,899 | €88,339 | +€3,440 | +4.1% |
| Deferred charges and accrued income | 490/1 | €2,974 | €9,064 | +€6,091 | +204.8% |
| Total equity and liabilities | 10/49 | €29,286,193 | €29,697,099 | +€410,906 | +1.4% |
| Equity | 10/15 | €22,440,539 | €22,964,194 | +€523,655 | +2.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €229,783 | €220,968 | -€8,815 | -3.8% |
| Tax-exempt reserves | 132 | €227,299 | €218,484 | -€8,815 | -3.9% |
| Distributable reserves | 133 | €2,484 | €2,484 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,192,206 | €22,724,676 | +€532,470 | +2.4% |
| Provisions and deferred taxes | 16 | €75,766 | €72,828 | -€2,938 | -3.9% |
| Deferred taxes | 168 | €75,766 | €72,828 | -€2,938 | -3.9% |
| Amounts payable | 17/49 | €6,769,888 | €6,660,077 | -€109,811 | -1.6% |
| Amounts payable after more than one year | 17 | €3,582,329 | €3,292,271 | -€290,058 | -8.1% |
| Financial debts | 170/4 | €3,582,329 | €3,292,271 | -€290,058 | -8.1% |
| Amounts payable within one year | 42/48 | €3,133,691 | €3,316,877 | +€183,186 | +5.8% |
| Current portion of amounts payable after more than one year | 42 | €263,956 | €290,058 | +€26,102 | +9.9% |
| Financial debts | 43 | €2,384,566 | €2,491,735 | +€107,169 | +4.5% |
| Credit institutions | 430/8 | €2,384,566 | €2,491,735 | +€107,169 | +4.5% |
| Trade debts | 44 | €215,448 | €157,716 | -€57,732 | -26.8% |
| Suppliers | 440/4 | €215,448 | €157,716 | -€57,732 | -26.8% |
| Taxes, remuneration and social security | 45 | €269,720 | €377,368 | +€107,647 | +39.9% |
| Taxes | 450/3 | €269,720 | €377,368 | +€107,647 | +39.9% |
| Accrued charges and deferred income | 492/3 | €53,868 | €50,930 | -€2,939 | -5.5% |
| Non-recurring operating income | 76A | €19,287 | €0 | -€19,287 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €468,765 | €489,120 | +€20,355 | +4.3% |
| Other operating charges | 640/8 | €12,872 | €8,565 | -€4,307 | -33.5% |
| Non-recurring operating charges | 66A | €30,000 | €0 | -€30,000 | -100.0% |
| Gross operating margin | 9900 | €785,720 | €1,270,852 | +€485,132 | +61.7% |
| Operating profit (loss) | 9901 | €274,084 | €773,168 | +€499,084 | +182.1% |
| Financial income | 75/76B | €251,007 | €214,169 | -€36,838 | -14.7% |
| Recurring financial income | 75 | €251,007 | €214,169 | -€36,838 | -14.7% |
| Financial charges | 65/66B | €289,499 | €197,919 | -€91,580 | -31.6% |
| Recurring financial charges | 65 | €289,499 | €197,919 | -€91,580 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | €235,592 | €789,418 | +€553,826 | +235.1% |
| Transfer from deferred taxes | 780 | €2,938 | €2,938 | = | 0.0% |
| Income taxes | 67/77 | €133,363 | €268,702 | +€135,339 | +101.5% |
| Profit (loss) for the period | 9904 | €105,168 | €523,655 | +€418,487 | +397.9% |
| Transfer from tax-exempt reserves | 789 | €8,815 | €8,815 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €113,983 | €532,470 | +€418,487 | +367.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.