M.C.A. DEVALET: 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.
M.C.A. DEVALET
Largest movements
- Cash -€13,659
down €13,659 (-70.6%), from €19,359 to €5,700
mainly Contributions, distributions and other (-€58,950) and Short-term financial debts (-€4,597)
- Intangible fixed assets -€4,287
down €4,287 (-17.6%), from €24,293 to €20,006
- Deferred charges and accrued income -€1,775
down €1,775 (-16.7%), from €10,633 to €8,858
- Profit (loss) carried forward -€22,698
down €22,698 (-49.6%), from €45,809 to €23,111
- Tax, wage and social debts +€6,978
up €6,978 (+26.1%), from €26,786 to €33,764
of which Taxes: +€9,273
- Short-term financial debts -€4,597
no longer reported in 2025 (was €4,597)
- Trade debts +€3,370
up €3,370 (+47.7%), from €7,060 to €10,430
- Other debts -€3,000
down €3,000 (-61.6%), from €4,874 to €1,874
- Gross operating margin +€20,902
up €20,902 (+24.2%), from €86,474 to €107,376
- Taxes +€4,470
up €4,470 (+39.6%), from €11,278 to €15,748
- Staff costs -€1,145
down €1,145 (-2.3%), from €50,112 to €48,967
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 | €169,936 | €149,989 | -€19,947 | -11.7% |
| Fixed assets | 21/28 | €25,259 | €20,745 | -€4,514 | -17.9% |
| Intangible fixed assets | 21 | €24,293 | €20,006 | -€4,287 | -17.6% |
| Tangible fixed assets | 22/27 | €966 | €739 | -€227 | -23.5% |
| Plant, machinery and equipment | 23 | €966 | €739 | -€227 | -23.5% |
| Current assets | 29/58 | €144,677 | €129,244 | -€15,433 | -10.7% |
| Amounts receivable after more than one year | 29 | €114,686 | €114,686 | = | 0.0% |
| Other amounts receivable | 291 | €114,686 | €114,686 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €19,359 | €5,700 | -€13,659 | -70.6% |
| Deferred charges and accrued income | 490/1 | €10,633 | €8,858 | -€1,775 | -16.7% |
| Total equity and liabilities | 10/49 | €169,936 | €149,989 | -€19,947 | -11.7% |
| Equity | 10/15 | €126,619 | €103,921 | -€22,698 | -17.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €74,610 | €74,610 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,020 | €7,020 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,020 | €7,020 | = | 0.0% |
| Distributable reserves | 133 | €67,590 | €67,590 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,809 | €23,111 | -€22,698 | -49.6% |
| Amounts payable | 17/49 | €43,317 | €46,068 | +€2,751 | +6.4% |
| Amounts payable within one year | 42/48 | €43,317 | €46,068 | +€2,751 | +6.4% |
| Financial debts | 43 | €4,597 | - | -€4,597 | |
| Credit institutions | 430/8 | €4,597 | - | -€4,597 | |
| Trade debts | 44 | €7,060 | €10,430 | +€3,370 | +47.7% |
| Suppliers | 440/4 | €7,060 | €10,430 | +€3,370 | +47.7% |
| Taxes, remuneration and social security | 45 | €26,786 | €33,764 | +€6,978 | +26.1% |
| Taxes | 450/3 | €12,707 | €21,979 | +€9,273 | +73.0% |
| Remuneration and social security | 454/9 | €14,079 | €11,785 | -€2,295 | -16.3% |
| Other amounts payable | 47/48 | €4,874 | €1,874 | -€3,000 | -61.6% |
| Remuneration, social security and pensions | 62 | €50,112 | €48,967 | -€1,145 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,456 | €4,514 | +€58 | +1.3% |
| Other operating charges | 640/8 | €932 | €286 | -€646 | -69.3% |
| Non-recurring operating charges | 66A | €6,680 | - | -€6,680 | |
| Gross operating margin | 9900 | €86,474 | €107,376 | +€20,902 | +24.2% |
| Operating profit (loss) | 9901 | €24,295 | €53,610 | +€29,315 | +121% |
| Financial income | 75/76B | €39 | €187 | +€148 | +383% |
| Recurring financial income | 75 | €39 | €187 | +€148 | +383% |
| Financial charges | 65/66B | €1,349 | €1,797 | +€449 | +33.2% |
| Recurring financial charges | 65 | €1,349 | €1,797 | +€449 | +33.2% |
| Profit (loss) for the period before taxes | 9903 | €22,985 | €52,000 | +€29,015 | +126% |
| Income taxes | 67/77 | €11,278 | €15,748 | +€4,470 | +39.6% |
| Profit (loss) for the period | 9904 | €11,707 | €36,252 | +€24,545 | +210% |
| Profit (loss) for the period to be appropriated | 9905 | €11,707 | €36,252 | +€24,545 | +210% |
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.