FIRMA P. DEVOOGHT: 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.
FIRMA P. DEVOOGHT
Largest movements
- Cash +€341,580
up €341,580 (+139%), from €245,185 to €586,765
mainly Investment in fixed assets (net) (+€209,737) and Depreciation (+€100,570)
- Financial fixed assets -€325,000
down €325,000 (-16.3%), from €2.0m to €1.7m
- Reserves +€54,101
up €54,101 (+6.6%), from €823,889 to €877,990
of which Distributable reserves: +€54,101
- Depreciation +€22,073
up €22,073 (+28.1%), from €78,498 to €100,570
- Services and other goods -€8,311
down €8,311 (-29.6%), from €28,069 to €19,757
- Turnover +€3,173
up €3,173 (+2.8%), from €113,382 to €116,555
- Financial income -€2,340
down €2,340 (-3.0%), from €78,575 to €76,235
- Other operating charges +€2,113
up €2,113 (+10.3%), from €20,594 to €22,707
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 | €3,796,185 | €3,824,878 | +€28,693 | +0.8% |
| Fixed assets | 21/28 | €3,463,387 | €3,153,080 | -€310,307 | -9.0% |
| Tangible fixed assets | 22/27 | €1,463,387 | €1,478,080 | +€14,693 | +1.0% |
| Land and buildings | 22 | €1,441,756 | €1,458,909 | +€17,153 | +1.2% |
| Plant, machinery and equipment | 23 | €21,632 | €19,171 | -€2,461 | -11.4% |
| Financial fixed assets | 28 | €2,000,000 | €1,675,000 | -€325,000 | -16.3% |
| Affiliated companies | 280/1 | €2,000,000 | €1,675,000 | -€325,000 | -16.3% |
| Amounts receivable | 281 | €2,000,000 | €1,675,000 | -€325,000 | -16.3% |
| Current assets | 29/58 | €332,798 | €671,798 | +€339,000 | +102% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €5,762 | €6,373 | +€611 | +10.6% |
| Trade receivables | 40 | €5,566 | €5,678 | +€112 | +2.0% |
| Other amounts receivable | 41 | €196 | €695 | +€499 | +254% |
| Cash at bank and in hand | 54/58 | €245,185 | €586,765 | +€341,580 | +139% |
| Deferred charges and accrued income | 490/1 | €81,851 | €78,660 | -€3,191 | -3.9% |
| Total equity and liabilities | 10/49 | €3,796,185 | €3,824,878 | +€28,693 | +0.8% |
| Equity | 10/15 | €3,769,869 | €3,823,970 | +€54,101 | +1.4% |
| Contributions | 10/11 | €2,945,980 | €2,945,980 | = | 0.0% |
| Capital | 10 | €2,945,980 | €2,945,980 | = | 0.0% |
| Issued capital | 100 | €2,945,980 | €2,945,980 | = | 0.0% |
| Reserves | 13 | €823,889 | €877,990 | +€54,101 | +6.6% |
| Non-distributable reserves | 130/1 | €297,077 | €297,077 | = | 0.0% |
| Legal reserve | 130 | €294,598 | €294,598 | = | 0.0% |
| Other | 1319 | €2,479 | €2,479 | = | 0.0% |
| Tax-exempt reserves | 132 | €189,017 | €189,017 | = | 0.0% |
| Distributable reserves | 133 | €337,795 | €391,896 | +€54,101 | +16.0% |
| Amounts payable | 17/49 | €26,316 | €908 | -€25,408 | -96.6% |
| Amounts payable within one year | 42/48 | €26,276 | €908 | -€25,368 | -96.5% |
| Trade debts | 44 | €26,276 | €908 | -€25,368 | -96.5% |
| Suppliers | 440/4 | €26,276 | €908 | -€25,368 | -96.5% |
| Accrued charges and deferred income | 492/3 | €40 | €0 | -€40 | -99.6% |
| Operating income | 70/76A | €118,948 | €122,191 | +€3,243 | +2.7% |
| Turnover | 70 | €113,382 | €116,555 | +€3,173 | +2.8% |
| Other operating income | 74 | €5,566 | €5,636 | +€70 | +1.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €127,160 | €143,034 | +€15,874 | +12.5% |
| Services and other goods | 61 | €28,069 | €19,757 | -€8,311 | -29.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,498 | €100,570 | +€22,073 | +28.1% |
| Other operating charges | 640/8 | €20,594 | €22,707 | +€2,113 | +10.3% |
| Operating profit (loss) | 9901 | -€8,212 | -€20,844 | -€12,631 | -154% |
| Financial income | 75/76B | €78,575 | €76,235 | -€2,340 | -3.0% |
| Recurring financial income | 75 | €78,575 | €76,235 | -€2,340 | -3.0% |
| Income from financial fixed assets | 750 | €78,575 | €75,356 | -€3,219 | -4.1% |
| Income from current assets | 751 | €0 | €879 | +€879 | |
| Financial charges | 65/66B | €1,018 | €1,291 | +€273 | +26.8% |
| Recurring financial charges | 65 | €1,018 | €1,291 | +€273 | +26.8% |
| Other financial charges | 652/9 | €1,018 | €1,291 | +€273 | +26.8% |
| Profit (loss) for the period before taxes | 9903 | €69,345 | €54,101 | -€15,245 | -22.0% |
| Income taxes | 67/77 | €0 | - | = | |
| Taxes | 670/3 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €69,345 | €54,101 | -€15,245 | -22.0% |
| Profit (loss) for the period to be appropriated | 9905 | €69,345 | €54,101 | -€15,245 | -22.0% |
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 16 October 2026 via checked.be.