DEVUYST: 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.
DEVUYST
Largest movements
- Receivables after one year +€26,576
up €26,576 (+6.3%), from €423,136 to €449,712
- Receivables within one year +€19,016
up €19,016 (+425%), from €4,478 to €23,494
of which Trade receivables: +€17,092
- Deferred charges and accrued income +€7,881
up €7,881 (+131%), from €6,000 to €13,881
- Tangible fixed assets -€6,595
down €6,595 (-24.5%), from €26,928 to €20,333
- Reserves +€47,438
up €47,438 (+13.3%), from €355,986 to €403,424
of which Distributable reserves: +€47,437
- Tax, wage and social debts +€10,760
up €10,760 (+40.7%), from €26,419 to €37,179
- Debts after one year -€5,941
down €5,941 (-11.5%), from €51,530 to €45,589
of which Financial debts: -€5,941
- Gross operating margin +€37,834
up €37,834 (+113%), from €33,461 to €71,295
- Taxes +€14,875
up €14,875 (+124%), from €11,987 to €26,862
- Financial income +€2,598
up €2,598 (+21.8%), from €11,906 to €14,504
- Other operating charges -€2,319
down €2,319 (-55.7%), from €4,162 to €1,843
- Financial charges -€2,077
down €2,077 (-40.7%), from €5,099 to €3,022
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.
Derived cash bridge
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 | €462,534 | €514,171 | +€51,637 | +11.2% |
| Fixed assets | 21/28 | €26,928 | €20,333 | -€6,595 | -24.5% |
| Tangible fixed assets | 22/27 | €26,928 | €20,333 | -€6,595 | -24.5% |
| Furniture and vehicles | 24 | €26,928 | €20,333 | -€6,595 | -24.5% |
| Current assets | 29/58 | €435,606 | €493,837 | +€58,231 | +13.4% |
| Amounts receivable after more than one year | 29 | €423,136 | €449,712 | +€26,576 | +6.3% |
| Other amounts receivable | 291 | €423,136 | €449,712 | +€26,576 | +6.3% |
| Amounts receivable within one year | 40/41 | €4,478 | €23,494 | +€19,016 | +425% |
| Trade receivables | 40 | €4,453 | €21,545 | +€17,092 | +384% |
| Other amounts receivable | 41 | €25 | €1,949 | +€1,924 | +7,697% |
| Cash at bank and in hand | 54/58 | €1,992 | €6,750 | +€4,758 | +239% |
| Deferred charges and accrued income | 490/1 | €6,000 | €13,881 | +€7,881 | +131% |
| Total equity and liabilities | 10/49 | €462,534 | €514,171 | +€51,637 | +11.2% |
| Equity | 10/15 | €362,183 | €409,621 | +€47,438 | +13.1% |
| Contributions | 10/11 | €6,197 | €6,197 | +€0 | 0.0% |
| Reserves | 13 | €355,986 | €403,424 | +€47,438 | +13.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | +€0 | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | +€0 | 0.0% |
| Tax-exempt reserves | 132 | €79,710 | €79,710 | = | 0.0% |
| Distributable reserves | 133 | €274,417 | €321,854 | +€47,437 | +17.3% |
| Amounts payable | 17/49 | €100,351 | €104,550 | +€4,199 | +4.2% |
| Amounts payable after more than one year | 17 | €51,530 | €45,589 | -€5,941 | -11.5% |
| Financial debts | 170/4 | €21,030 | €15,089 | -€5,941 | -28.3% |
| Other amounts payable | 178/9 | €30,500 | €30,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €48,821 | €57,848 | +€9,027 | +18.5% |
| Current portion of amounts payable after more than one year | 42 | €5,379 | €5,941 | +€562 | +10.4% |
| Trade debts | 44 | €9,123 | €6,828 | -€2,295 | -25.2% |
| Suppliers | 440/4 | €9,123 | €6,828 | -€2,295 | -25.2% |
| Taxes, remuneration and social security | 45 | €26,419 | €37,179 | +€10,760 | +40.7% |
| Taxes | 450/3 | €26,419 | €37,179 | +€10,760 | +40.7% |
| Other amounts payable | 47/48 | €7,900 | €7,900 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €1,112 | +€1,112 | |
| Non-recurring operating income | 76A | €250 | - | -€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,045 | €6,595 | +€550 | +9.1% |
| Other operating charges | 640/8 | €4,162 | €1,843 | -€2,319 | -55.7% |
| Non-recurring operating charges | 66A | - | €40 | +€40 | |
| Gross operating margin | 9900 | €33,461 | €71,295 | +€37,834 | +113% |
| Operating profit (loss) | 9901 | €23,254 | €62,817 | +€39,563 | +170% |
| Financial income | 75/76B | €11,906 | €14,504 | +€2,598 | +21.8% |
| Recurring financial income | 75 | €11,906 | €14,504 | +€2,598 | +21.8% |
| Financial charges | 65/66B | €5,099 | €3,022 | -€2,077 | -40.7% |
| Recurring financial charges | 65 | €5,099 | €3,022 | -€2,077 | -40.7% |
| Profit (loss) for the period before taxes | 9903 | €30,061 | €74,300 | +€44,239 | +147% |
| Income taxes | 67/77 | €11,987 | €26,862 | +€14,875 | +124% |
| Profit (loss) for the period | 9904 | €18,074 | €47,438 | +€29,364 | +162% |
| Profit (loss) for the period to be appropriated | 9905 | €18,074 | €47,438 | +€29,364 | +162% |
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 23 October 2026 via checked.be.