DEVVAN: 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.
DEVVAN
Largest movements
- Tangible fixed assets -€169,079
down €169,079 (-28.6%), from €590,215 to €421,136
of which Land and buildings: -€163,626
- Cash -€82,158
down €82,158 (-99.9%), from €82,237 to €79
mainly Tax, wage and social debts (-€221,521) and Receivables within one year (-€50,713)
- Receivables within one year +€50,713
up €50,713 (+10.7%), from €475,431 to €526,144
of which Other amounts receivable: +€57,922
- Tax, wage and social debts -€221,521
down €221,521 (-93.9%), from €235,981 to €14,461
- Reserves +€15,866
up €15,866 (+2.1%), from €764,585 to €780,451
of which Distributable reserves: +€15,866
- Gross operating margin +€59,457
up €59,457, from -€17,155 to €42,302
- Taxes +€35,179
up €35,179 (+21398.6%), from €164 to €35,344
- Financial income +€11,169
up €11,169 (+49.2%), from €22,709 to €33,879
of which Financial income: +€6,886
- Depreciation -€7,391
down €7,391 (-34.5%), from €21,429 to €14,037
- Financial charges +€6,096
up €6,096 (+693.2%), from €879 to €6,975
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,148,901 | €947,947 | -€200,953 | -17.5% |
| Fixed assets | 21/28 | €590,215 | €421,136 | -€169,079 | -28.6% |
| Tangible fixed assets | 22/27 | €590,215 | €421,136 | -€169,079 | -28.6% |
| Land and buildings | 22 | €584,138 | €420,513 | -€163,626 | -28.0% |
| Furniture and vehicles | 24 | €6,077 | €624 | -€5,453 | -89.7% |
| Current assets | 29/58 | €558,686 | €526,811 | -€31,874 | -5.7% |
| Amounts receivable within one year | 40/41 | €475,431 | €526,144 | +€50,713 | +10.7% |
| Trade receivables | 40 | €7,209 | - | -€7,209 | |
| Other amounts receivable | 41 | €468,222 | €526,144 | +€57,922 | +12.4% |
| Cash at bank and in hand | 54/58 | €82,237 | €79 | -€82,158 | -99.9% |
| Deferred charges and accrued income | 490/1 | €1,017 | €588 | -€430 | -42.2% |
| Total equity and liabilities | 10/49 | €1,148,901 | €947,947 | -€200,953 | -17.5% |
| Equity | 10/15 | €907,495 | €923,362 | +€15,866 | +1.7% |
| Contributions | 10/11 | €142,911 | €142,911 | = | 0.0% |
| Capital | 10 | €142,911 | €142,911 | = | 0.0% |
| Issued capital | 100 | €142,911 | €142,911 | = | 0.0% |
| Reserves | 13 | €764,585 | €780,451 | +€15,866 | +2.1% |
| Non-distributable reserves | 130/1 | €14,291 | €14,291 | = | 0.0% |
| Legal reserve | 130 | €14,291 | €14,291 | = | 0.0% |
| Distributable reserves | 133 | €750,294 | €766,160 | +€15,866 | +2.1% |
| Amounts payable | 17/49 | €241,406 | €24,586 | -€216,820 | -89.8% |
| Amounts payable within one year | 42/48 | €241,406 | €24,586 | -€216,820 | -89.8% |
| Financial debts | 43 | - | €3,594 | +€3,594 | |
| Credit institutions | 430/8 | - | €3,594 | +€3,594 | |
| Trade debts | 44 | €5,424 | €6,531 | +€1,107 | +20.4% |
| Suppliers | 440/4 | €5,424 | €6,531 | +€1,107 | +20.4% |
| Taxes, remuneration and social security | 45 | €235,981 | €14,461 | -€221,521 | -93.9% |
| Taxes | 450/3 | €235,981 | €14,461 | -€221,521 | -93.9% |
| Non-recurring operating income | 76A | - | €44,958 | +€44,958 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,429 | €14,037 | -€7,391 | -34.5% |
| Other operating charges | 640/8 | €4,853 | €3,959 | -€895 | -18.4% |
| Gross operating margin | 9900 | -€17,155 | €42,302 | +€59,457 | |
| Operating profit (loss) | 9901 | -€43,437 | €24,306 | +€67,743 | |
| Financial income | 75/76B | €22,709 | €33,879 | +€11,169 | +49.2% |
| Recurring financial income | 75 | €22,709 | €29,595 | +€6,886 | +30.3% |
| Non-recurring financial income | 76B | - | €4,284 | +€4,284 | |
| Financial charges | 65/66B | €879 | €6,975 | +€6,096 | +693.2% |
| Recurring financial charges | 65 | €879 | €6,975 | +€6,096 | +693.2% |
| Profit (loss) for the period before taxes | 9903 | -€21,607 | €51,210 | +€72,817 | |
| Income taxes | 67/77 | €164 | €35,344 | +€35,179 | +21398.6% |
| Profit (loss) for the period | 9904 | -€21,771 | €15,866 | +€37,638 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,771 | €15,866 | +€37,638 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.