MAISON DEVOS: 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.
MAISON DEVOS
Largest movements
- Tangible fixed assets -€37,926
down €37,926 (-13.3%), from €285,298 to €247,372
of which Furniture and vehicles: -€26,104
- Receivables within one year -€21,138
down €21,138 (-15.2%), from €139,017 to €117,879
of which Trade receivables: -€15,053
- Intangible fixed assets -€14,286
down €14,286 (-20.4%), from €69,976 to €55,690
- Cash +€6,361
up €6,361 (+14.1%), from €45,272 to €51,633
mainly Depreciation (+€79,408) and Other debts (+€35,640)
- Debts after one year -€58,110
down €58,110 (-36.3%), from €160,302 to €102,193
- Reserves -€36,700
down €36,700 (-74.8%), from €49,060 to €12,360
of which Distributable reserves: -€36,700
- Other debts +€35,640
up €35,640 (+197%), from €18,090 to €53,730
- Trade debts -€23,394
down €23,394 (-29.0%), from €80,711 to €57,317
- Tax, wage and social debts +€17,316
up €17,316 (+62.3%), from €27,812 to €45,128
of which Remuneration and social security: +€14,985
- Financial income -€17,867
down €17,867 (-94.6%), from €18,879 to €1,012
- Gross operating margin +€7,641
up €7,641 (+2.2%), from €345,482 to €353,123
- Depreciation +€5,859
up €5,859 (+8.0%), from €73,550 to €79,408
- Staff costs +€3,979
up €3,979 (+1.6%), from €252,732 to €256,711
- Financial charges -€3,814
down €3,814 (-17.8%), from €21,416 to €17,601
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 | €621,386 | €551,306 | -€70,080 | -11.3% |
| Fixed assets | 21/28 | €423,100 | €370,888 | -€52,212 | -12.3% |
| Intangible fixed assets | 21 | €69,976 | €55,690 | -€14,286 | -20.4% |
| Tangible fixed assets | 22/27 | €285,298 | €247,372 | -€37,926 | -13.3% |
| Land and buildings | 22 | €98,544 | €91,089 | -€7,456 | -7.6% |
| Plant, machinery and equipment | 23 | €73,141 | €68,774 | -€4,367 | -6.0% |
| Furniture and vehicles | 24 | €113,613 | €87,509 | -€26,104 | -23.0% |
| Financial fixed assets | 28 | €67,826 | €67,826 | = | 0.0% |
| Current assets | 29/58 | €198,286 | €180,418 | -€17,868 | -9.0% |
| Stocks and contracts in progress | 3 | €12,002 | €8,265 | -€3,736 | -31.1% |
| Stocks | 30/36 | €12,002 | €8,265 | -€3,736 | -31.1% |
| Amounts receivable within one year | 40/41 | €139,017 | €117,879 | -€21,138 | -15.2% |
| Trade receivables | 40 | €23,765 | €8,711 | -€15,053 | -63.3% |
| Other amounts receivable | 41 | €115,252 | €109,168 | -€6,084 | -5.3% |
| Cash at bank and in hand | 54/58 | €45,272 | €51,633 | +€6,361 | +14.1% |
| Deferred charges and accrued income | 490/1 | €1,996 | €2,641 | +€645 | +32.3% |
| Total equity and liabilities | 10/49 | €621,386 | €551,306 | -€70,080 | -11.3% |
| Equity | 10/15 | €267,338 | €220,823 | -€46,515 | -17.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €49,060 | €12,360 | -€36,700 | -74.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €47,200 | €10,500 | -€36,700 | -77.8% |
| Profit (loss) carried forward | 14 | €212,078 | €202,263 | -€9,815 | -4.6% |
| Amounts payable | 17/49 | €354,048 | €330,483 | -€23,564 | -6.7% |
| Amounts payable after more than one year | 17 | €160,302 | €102,193 | -€58,110 | -36.3% |
| Financial debts | 170/4 | €160,302 | €102,193 | -€58,110 | -36.3% |
| Amounts payable within one year | 42/48 | €193,746 | €228,291 | +€34,545 | +17.8% |
| Current portion of amounts payable after more than one year | 42 | €67,134 | €72,117 | +€4,983 | +7.4% |
| Trade debts | 44 | €80,711 | €57,317 | -€23,394 | -29.0% |
| Suppliers | 440/4 | €80,711 | €57,317 | -€23,394 | -29.0% |
| Taxes, remuneration and social security | 45 | €27,812 | €45,128 | +€17,316 | +62.3% |
| Taxes | 450/3 | €3,161 | €5,492 | +€2,331 | +73.8% |
| Remuneration and social security | 454/9 | €24,651 | €39,636 | +€14,985 | +60.8% |
| Other amounts payable | 47/48 | €18,090 | €53,730 | +€35,640 | +197% |
| Remuneration, social security and pensions | 62 | €252,732 | €256,711 | +€3,979 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,550 | €79,408 | +€5,859 | +8.0% |
| Other operating charges | 640/8 | €8,232 | €9,930 | +€1,699 | +20.6% |
| Gross operating margin | 9900 | €345,482 | €353,123 | +€7,641 | +2.2% |
| Operating profit (loss) | 9901 | €10,969 | €7,073 | -€3,896 | -35.5% |
| Financial income | 75/76B | €18,879 | €1,012 | -€17,867 | -94.6% |
| Recurring financial income | 75 | €18,879 | €1,012 | -€17,867 | -94.6% |
| Financial charges | 65/66B | €21,416 | €17,601 | -€3,814 | -17.8% |
| Recurring financial charges | 65 | €21,416 | €17,601 | -€3,814 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €8,432 | -€9,516 | -€17,948 | |
| Income taxes | 67/77 | €3,067 | €299 | -€2,768 | -90.3% |
| Profit (loss) for the period | 9904 | €5,365 | -€9,815 | -€15,180 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,365 | -€9,815 | -€15,180 |
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.