DEVUYST D&P: 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 D&P
Largest movements
- Tangible fixed assets -€57,080
down €57,080 (-28.5%), from €200,114 to €143,035
of which Leasing and similar rights: -€32,448
- Receivables within one year +€7,774
up €7,774 (+20.9%), from €37,111 to €44,885
of which Other amounts receivable: +€5,831
- Debts after one year -€39,213
down €39,213 (-36.4%), from €107,698 to €68,485
- Profit (loss) carried forward -€26,975
new in 2025: -€26,975
- Other debts +€19,268
up €19,268 (+23.8%), from €80,855 to €100,123
- Current portion of long-term debt -€10,401
down €10,401 (-21.0%), from €49,614 to €39,213
- Gross operating margin -€99,689
down €99,689 (-41.0%), from €243,022 to €143,333
- Staff costs -€38,602
down €38,602 (-49.4%), from €78,067 to €39,465
- Financial charges +€16,821
up €16,821 (+49.7%), from €33,852 to €50,673
- Taxes -€8,944
down €8,944 (-98.0%), from €9,128 to €184
- Depreciation +€6,928
up €6,928 (+12.7%), from €54,344 to €61,273
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 | €330,680 | €280,092 | -€50,588 | -15.3% |
| Fixed assets | 21/28 | €200,384 | €143,305 | -€57,080 | -28.5% |
| Tangible fixed assets | 22/27 | €200,114 | €143,035 | -€57,080 | -28.5% |
| Plant, machinery and equipment | 23 | €17,488 | €17,758 | +€270 | +1.5% |
| Furniture and vehicles | 24 | €40,954 | €16,053 | -€24,902 | -60.8% |
| Leasing and similar rights | 25 | €141,672 | €109,224 | -€32,448 | -22.9% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €130,296 | €136,788 | +€6,492 | +5.0% |
| Amounts receivable within one year | 40/41 | €37,111 | €44,885 | +€7,774 | +20.9% |
| Trade receivables | 40 | €37,111 | €39,054 | +€1,943 | +5.2% |
| Other amounts receivable | 41 | - | €5,831 | +€5,831 | |
| Current investments | 50/53 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €79,186 | €79,264 | +€78 | +0.1% |
| Deferred charges and accrued income | 490/1 | €13,748 | €12,389 | -€1,359 | -9.9% |
| Total equity and liabilities | 10/49 | €330,680 | €280,092 | -€50,588 | -15.3% |
| Equity | 10/15 | €64,102 | €37,127 | -€26,975 | -42.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €45,502 | €45,502 | = | 0.0% |
| Distributable reserves | 133 | €45,502 | €45,502 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€26,975 | -€26,975 | |
| Amounts payable | 17/49 | €266,578 | €242,965 | -€23,613 | -8.9% |
| Amounts payable after more than one year | 17 | €107,698 | €68,485 | -€39,213 | -36.4% |
| Financial debts | 170/4 | €107,698 | €68,485 | -€39,213 | -36.4% |
| Amounts payable within one year | 42/48 | €158,374 | €171,411 | +€13,036 | +8.2% |
| Current portion of amounts payable after more than one year | 42 | €49,614 | €39,213 | -€10,401 | -21.0% |
| Trade debts | 44 | €10,297 | €12,548 | +€2,251 | +21.9% |
| Suppliers | 440/4 | €10,297 | €12,548 | +€2,251 | +21.9% |
| Taxes, remuneration and social security | 45 | €17,609 | €19,527 | +€1,917 | +10.9% |
| Taxes | 450/3 | €13,053 | €15,574 | +€2,521 | +19.3% |
| Remuneration and social security | 454/9 | €4,556 | €3,953 | -€603 | -13.2% |
| Other amounts payable | 47/48 | €80,855 | €100,123 | +€19,268 | +23.8% |
| Accrued charges and deferred income | 492/3 | €505 | €3,069 | +€2,564 | +507.3% |
| Non-recurring operating income | 76A | €37,500 | - | -€37,500 | |
| Remuneration, social security and pensions | 62 | €78,067 | €39,465 | -€38,602 | -49.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,344 | €61,273 | +€6,928 | +12.7% |
| Other operating charges | 640/8 | €25,015 | €18,764 | -€6,250 | -25.0% |
| Gross operating margin | 9900 | €243,022 | €143,333 | -€99,689 | -41.0% |
| Operating profit (loss) | 9901 | €85,596 | €23,831 | -€61,764 | -72.2% |
| Financial income | 75/76B | €610 | €51 | -€559 | -91.6% |
| Recurring financial income | 75 | €610 | €51 | -€559 | -91.6% |
| Financial charges | 65/66B | €33,852 | €50,673 | +€16,821 | +49.7% |
| Recurring financial charges | 65 | €33,852 | €50,673 | +€16,821 | +49.7% |
| Profit (loss) for the period before taxes | 9903 | €52,354 | -€26,791 | -€79,145 | |
| Income taxes | 67/77 | €9,128 | €184 | -€8,944 | -98.0% |
| Profit (loss) for the period | 9904 | €43,226 | -€26,975 | -€70,201 | |
| Profit (loss) for the period to be appropriated | 9905 | €43,226 | -€26,975 | -€70,201 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.