DEVUYST ECHAFAUDAGES: 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.
DEVUYST ECHAFAUDAGES
Largest movements
- Receivables within one year -€45,992
down €45,992 (-21.6%), from €213,154 to €167,161
of which Trade receivables: -€46,085
- Tangible fixed assets -€40,405
down €40,405 (-25.6%), from €157,784 to €117,379
- Intangible fixed assets -€33,939
down €33,939 (-20.0%), from €169,623 to €135,684
- Cash +€31,139
up €31,139 (+535.4%), from €5,816 to €36,955
mainly Depreciation (+€77,576) and Receivables within one year (+€45,992)
- Other debts -€59,562
down €59,562 (-18.8%), from €317,052 to €257,489
- Tax, wage and social debts -€21,609
down €21,609 (-44.0%), from €49,108 to €27,499
of which Taxes: -€11,187
- Debts after one year -€13,938
down €13,938 (-26.6%), from €52,325 to €38,387
- Accrued charges and deferred income +€8,700
up €8,700 (+37.5%), from €23,192 to €31,891
- Gross operating margin -€44,081
down €44,081 (-13.4%), from €329,680 to €285,599
- Staff costs -€40,447
down €40,447 (-17.7%), from €228,145 to €187,699
- Depreciation +€11,133
up €11,133 (+16.8%), from €66,443 to €77,576
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 | €547,002 | €457,804 | -€89,197 | -16.3% |
| Fixed assets | 21/28 | €327,970 | €253,626 | -€74,344 | -22.7% |
| Intangible fixed assets | 21 | €169,623 | €135,684 | -€33,939 | -20.0% |
| Tangible fixed assets | 22/27 | €157,784 | €117,379 | -€40,405 | -25.6% |
| Plant, machinery and equipment | 23 | €70,103 | €54,477 | -€15,626 | -22.3% |
| Furniture and vehicles | 24 | €21,657 | €11,126 | -€10,531 | -48.6% |
| Leasing and similar rights | 25 | €66,024 | €51,776 | -€14,248 | -21.6% |
| Financial fixed assets | 28 | €564 | €564 | = | 0.0% |
| Current assets | 29/58 | €219,032 | €204,178 | -€14,854 | -6.8% |
| Amounts receivable within one year | 40/41 | €213,154 | €167,161 | -€45,992 | -21.6% |
| Trade receivables | 40 | €213,151 | €167,066 | -€46,085 | -21.6% |
| Other amounts receivable | 41 | €3 | €95 | +€93 | +3676.6% |
| Cash at bank and in hand | 54/58 | €5,816 | €36,955 | +€31,139 | +535.4% |
| Deferred charges and accrued income | 490/1 | €62 | €62 | = | 0.0% |
| Total equity and liabilities | 10/49 | €547,002 | €457,804 | -€89,197 | -16.3% |
| Equity | 10/15 | €84,198 | €84,405 | +€207 | +0.2% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,198 | €44,405 | +€207 | +0.5% |
| Amounts payable | 17/49 | €462,803 | €373,399 | -€89,404 | -19.3% |
| Amounts payable after more than one year | 17 | €52,325 | €38,387 | -€13,938 | -26.6% |
| Financial debts | 170/4 | €52,325 | €38,387 | -€13,938 | -26.6% |
| Amounts payable within one year | 42/48 | €387,287 | €303,121 | -€84,166 | -21.7% |
| Current portion of amounts payable after more than one year | 42 | €13,451 | €13,938 | +€487 | +3.6% |
| Trade debts | 44 | €7,676 | €4,195 | -€3,481 | -45.4% |
| Suppliers | 440/4 | €7,676 | €4,195 | -€3,481 | -45.4% |
| Taxes, remuneration and social security | 45 | €49,108 | €27,499 | -€21,609 | -44.0% |
| Taxes | 450/3 | €27,578 | €16,390 | -€11,187 | -40.6% |
| Remuneration and social security | 454/9 | €21,530 | €11,108 | -€10,422 | -48.4% |
| Other amounts payable | 47/48 | €317,052 | €257,489 | -€59,562 | -18.8% |
| Accrued charges and deferred income | 492/3 | €23,192 | €31,891 | +€8,700 | +37.5% |
| Remuneration, social security and pensions | 62 | €228,145 | €187,699 | -€40,447 | -17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,443 | €77,576 | +€11,133 | +16.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,075 | €3,057 | -€1,018 | -25.0% |
| Other operating charges | 640/8 | €3,845 | €4,776 | +€931 | +24.2% |
| Gross operating margin | 9900 | €329,680 | €285,599 | -€44,081 | -13.4% |
| Operating profit (loss) | 9901 | €27,171 | €12,491 | -€14,680 | -54.0% |
| Financial income | 75/76B | €24 | €0 | -€24 | -99.4% |
| Recurring financial income | 75 | €24 | €0 | -€24 | -99.4% |
| Financial charges | 65/66B | €12,222 | €11,345 | -€877 | -7.2% |
| Recurring financial charges | 65 | €12,222 | €11,345 | -€877 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €14,974 | €1,146 | -€13,827 | -92.3% |
| Income taxes | 67/77 | €1,123 | €940 | -€183 | -16.3% |
| Profit (loss) for the period | 9904 | €13,851 | €207 | -€13,644 | -98.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,851 | €207 | -€13,644 | -98.5% |
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 6 October 2026 via checked.be.