Menuiserie David DEVAHIVE: 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.
Menuiserie David DEVAHIVE
Largest movements
- Cash +€13,175
up €13,175 (+19.5%), from €67,653 to €80,828
mainly Other debts (+€83,282) and Net result for the year (+€18,206)
- Receivables within one year -€2,531
down €2,531 (-25.3%), from €9,991 to €7,459
of which Other amounts receivable: -€2,481
- Other debts +€83,282
new in 2025: €83,282
- Reserves -€65,076
down €65,076 (-73.0%), from €89,117 to €24,042
- Advances received -€5,876
down €5,876 (-47.9%), from €12,255 to €6,379
- Gross operating margin +€7,972
up €7,972 (+44.4%), from €17,961 to €25,933
- Taxes +€3,268
up €3,268 (+83.7%), from €3,903 to €7,171
- Depreciation -€1,616
down €1,616 (-74.3%), from €2,173 to €557
- Financial charges -€1,172
down €1,172 (-44.2%), from €2,651 to €1,479
- Financial income -€822
down €822 (-20.6%), from €3,991 to €3,169
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 | €114,742 | €126,378 | +€11,636 | +10.1% |
| Fixed assets | 21/28 | €2,214 | €1,656 | -€557 | -25.2% |
| Tangible fixed assets | 22/27 | €2,214 | €1,656 | -€557 | -25.2% |
| Plant, machinery and equipment | 23 | €2,214 | €1,656 | -€557 | -25.2% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €112,528 | €124,721 | +€12,193 | +10.8% |
| Amounts receivable after more than one year | 29 | €27,489 | €27,801 | +€312 | +1.1% |
| Other amounts receivable | 291 | €27,489 | €27,801 | +€312 | +1.1% |
| Stocks and contracts in progress | 3 | €840 | €1,280 | +€440 | +52.4% |
| Stocks | 30/36 | €840 | €1,280 | +€440 | +52.4% |
| Amounts receivable within one year | 40/41 | €9,991 | €7,459 | -€2,531 | -25.3% |
| Trade receivables | 40 | €596 | €545 | -€51 | -8.5% |
| Other amounts receivable | 41 | €9,395 | €6,914 | -€2,481 | -26.4% |
| Cash at bank and in hand | 54/58 | €67,653 | €80,828 | +€13,175 | +19.5% |
| Deferred charges and accrued income | 490/1 | €6,555 | €7,353 | +€797 | +12.2% |
| Total equity and liabilities | 10/49 | €114,742 | €126,378 | +€11,636 | +10.1% |
| Equity | 10/15 | €89,117 | €24,042 | -€65,076 | -73.0% |
| Reserves | 13 | €89,117 | €24,042 | -€65,076 | -73.0% |
| Distributable reserves | 133 | €89,117 | €24,042 | -€65,076 | -73.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €25,625 | €102,336 | +€76,711 | +299% |
| Amounts payable within one year | 42/48 | €25,625 | €102,336 | +€76,711 | +299% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €10,033 | €9,319 | -€715 | -7.1% |
| Suppliers | 440/4 | €10,033 | €9,319 | -€715 | -7.1% |
| Advances received on contracts in progress | 46 | €12,255 | €6,379 | -€5,876 | -47.9% |
| Taxes, remuneration and social security | 45 | €3,337 | €3,356 | +€20 | +0.6% |
| Taxes | 450/3 | €3,337 | €3,356 | +€20 | +0.6% |
| Other amounts payable | 47/48 | - | €83,282 | +€83,282 | |
| Remuneration, social security and pensions | 62 | - | €59 | +€59 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,173 | €557 | -€1,616 | -74.3% |
| Other operating charges | 640/8 | €1,728 | €1,629 | -€99 | -5.7% |
| Gross operating margin | 9900 | €17,961 | €25,933 | +€7,972 | +44.4% |
| Operating profit (loss) | 9901 | €14,060 | €23,687 | +€9,628 | +68.5% |
| Financial income | 75/76B | €3,991 | €3,169 | -€822 | -20.6% |
| Recurring financial income | 75 | €3,991 | €3,169 | -€822 | -20.6% |
| Financial charges | 65/66B | €2,651 | €1,479 | -€1,172 | -44.2% |
| Recurring financial charges | 65 | €2,651 | €1,479 | -€1,172 | -44.2% |
| Profit (loss) for the period before taxes | 9903 | €15,399 | €25,378 | +€9,979 | +64.8% |
| Income taxes | 67/77 | €3,903 | €7,171 | +€3,268 | +83.7% |
| Profit (loss) for the period | 9904 | €11,496 | €18,206 | +€6,711 | +58.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,496 | €18,206 | +€6,711 | +58.4% |
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 14 October 2026 via checked.be.