NOTARISKANTOOR THIERRY 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.
NOTARISKANTOOR THIERRY DEVOS
Largest movements
- Cash +€136,902
up €136,902 (+13.6%), from €1.0m to €1.1m
mainly Net result for the year (+€155,227) and Trade debts (+€28,102)
- Tangible fixed assets +€71,898
up €71,898 (+91.1%), from €78,959 to €150,857
of which Furniture and vehicles: +€80,311
- Reserves +€124,062
up €124,062 (+17.2%), from €720,500 to €844,562
of which Distributable reserves: +€159,562
- Profit (loss) carried forward +€31,165
up €31,165, from -€31,165 to €0
- Trade debts +€28,102
up €28,102 (+178%), from €15,765 to €43,867
- Other debts -€25,472
down €25,472 (-8.8%), from €288,855 to €263,383
- Tax, wage and social debts +€25,026
up €25,026 (+61.6%), from €40,618 to €65,644
of which Taxes: +€23,983
- Gross operating margin +€274,981
up €274,981 (+136%), from €202,380 to €477,360
- Taxes +€55,607
up €55,607 (+4,002%), from €1,389 to €56,996
- Staff costs +€21,225
up €21,225 (+10.6%), from €199,667 to €220,892
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 | €1,223,608 | €1,420,581 | +€196,973 | +16.1% |
| Fixed assets | 21/28 | €82,709 | €154,607 | +€71,898 | +86.9% |
| Tangible fixed assets | 22/27 | €78,959 | €150,857 | +€71,898 | +91.1% |
| Land and buildings | 22 | €2,712 | €0 | -€2,712 | -100% |
| Furniture and vehicles | 24 | €17,157 | €97,468 | +€80,311 | +468% |
| Other tangible fixed assets | 26 | €59,091 | €53,389 | -€5,702 | -9.6% |
| Financial fixed assets | 28 | €3,750 | €3,750 | = | 0.0% |
| Current assets | 29/58 | €1,140,899 | €1,265,973 | +€125,075 | +11.0% |
| Amounts receivable within one year | 40/41 | €125,510 | €114,745 | -€10,765 | -8.6% |
| Trade receivables | 40 | €59,050 | €80,110 | +€21,060 | +35.7% |
| Other amounts receivable | 41 | €66,460 | €34,635 | -€31,826 | -47.9% |
| Cash at bank and in hand | 54/58 | €1,005,281 | €1,142,182 | +€136,902 | +13.6% |
| Deferred charges and accrued income | 490/1 | €10,108 | €9,046 | -€1,062 | -10.5% |
| Total equity and liabilities | 10/49 | €1,223,608 | €1,420,581 | +€196,973 | +16.1% |
| Equity | 10/15 | €864,335 | €1,019,562 | +€155,227 | +18.0% |
| Contributions | 10/11 | €175,000 | €175,000 | = | 0.0% |
| Reserves | 13 | €720,500 | €844,562 | +€124,062 | +17.2% |
| Non-distributable reserves | 130/1 | €35,500 | €0 | -€35,500 | -100% |
| Other | 1319 | €35,500 | €0 | -€35,500 | -100% |
| Distributable reserves | 133 | €685,000 | €844,562 | +€159,562 | +23.3% |
| Profit (loss) carried forward | 14 | -€31,165 | €0 | +€31,165 | |
| Amounts payable | 17/49 | €359,273 | €401,018 | +€41,745 | +11.6% |
| Amounts payable within one year | 42/48 | €345,238 | €382,533 | +€37,295 | +10.8% |
| Current portion of amounts payable after more than one year | 42 | - | €9,639 | +€9,639 | |
| Trade debts | 44 | €15,765 | €43,867 | +€28,102 | +178% |
| Suppliers | 440/4 | €15,765 | €43,867 | +€28,102 | +178% |
| Taxes, remuneration and social security | 45 | €40,618 | €65,644 | +€25,026 | +61.6% |
| Taxes | 450/3 | €15,662 | €39,645 | +€23,983 | +153% |
| Remuneration and social security | 454/9 | €24,956 | €25,999 | +€1,044 | +4.2% |
| Other amounts payable | 47/48 | €288,855 | €263,383 | -€25,472 | -8.8% |
| Accrued charges and deferred income | 492/3 | €14,035 | €18,485 | +€4,450 | +31.7% |
| Remuneration, social security and pensions | 62 | €199,667 | €220,892 | +€21,225 | +10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,205 | €19,596 | -€3,609 | -15.6% |
| Other operating charges | 640/8 | €11,240 | €6,484 | -€4,756 | -42.3% |
| Gross operating margin | 9900 | €202,380 | €477,360 | +€274,981 | +136% |
| Operating profit (loss) | 9901 | -€31,732 | €230,388 | +€262,121 | |
| Financial income | 75/76B | €742 | €1,173 | +€431 | +58.1% |
| Recurring financial income | 75 | €742 | €1,173 | +€431 | +58.1% |
| Financial charges | 65/66B | €14,840 | €19,337 | +€4,498 | +30.3% |
| Recurring financial charges | 65 | €14,840 | €19,337 | +€4,498 | +30.3% |
| Profit (loss) for the period before taxes | 9903 | -€45,830 | €212,224 | +€258,054 | |
| Income taxes | 67/77 | €1,389 | €56,996 | +€55,607 | +4,002% |
| Profit (loss) for the period | 9904 | -€47,220 | €155,227 | +€202,447 | |
| Profit (loss) for the period to be appropriated | 9905 | -€47,220 | €155,227 | +€202,447 |
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 28 October 2026 via checked.be.