PETER DEVOS CONSULT: 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.
PETER DEVOS CONSULT
Largest movements
- Tangible fixed assets +€52,536
up €52,536, from €0 to €52,536
- Cash +€16,249
up €16,249 (+17.8%), from €91,073 to €107,322
mainly Other debts (+€77,219) and Net result for the year (+€76,138)
- Other debts +€77,219
up €77,219 (+850%), from €9,088 to €86,307
- Reserves -€8,862
down €8,862 (-10.3%), from €86,006 to €77,144
- Tax, wage and social debts +€2,387
up €2,387 (+15.3%), from €15,553 to €17,940
- Financial income -€6,586
down €6,586 (-88.7%), from €7,423 to €838
- Gross operating margin -€2,167
down €2,167 (-1.8%), from €118,164 to €115,997
- Depreciation -€1,855
down €1,855 (-13.4%), from €13,797 to €11,942
- Taxes +€1,735
up €1,735 (+6.7%), from €25,711 to €27,446
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 | €131,473 | €200,410 | +€68,937 | +52.4% |
| Fixed assets | 21/28 | €0 | €52,536 | +€52,536 | |
| Tangible fixed assets | 22/27 | €0 | €52,536 | +€52,536 | |
| Furniture and vehicles | 24 | €0 | €52,536 | +€52,536 | |
| Current assets | 29/58 | €131,473 | €147,874 | +€16,401 | +12.5% |
| Amounts receivable within one year | 40/41 | €18,151 | €18,280 | +€129 | +0.7% |
| Trade receivables | 40 | €18,151 | €18,276 | +€126 | +0.7% |
| Other amounts receivable | 41 | - | €3 | +€3 | |
| Current investments | 50/53 | €20,343 | €20,343 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €91,073 | €107,322 | +€16,249 | +17.8% |
| Deferred charges and accrued income | 490/1 | €1,906 | €1,929 | +€23 | +1.2% |
| Total equity and liabilities | 10/49 | €131,473 | €200,410 | +€68,937 | +52.4% |
| Equity | 10/15 | €104,606 | €95,744 | -€8,862 | -8.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €86,006 | €77,144 | -€8,862 | -10.3% |
| Distributable reserves | 133 | €86,006 | €77,144 | -€8,862 | -10.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €26,867 | €104,665 | +€77,798 | +290% |
| Amounts payable within one year | 42/48 | €26,867 | €104,665 | +€77,798 | +290% |
| Trade debts | 44 | €2,227 | €419 | -€1,808 | -81.2% |
| Suppliers | 440/4 | €2,227 | €419 | -€1,808 | -81.2% |
| Taxes, remuneration and social security | 45 | €15,553 | €17,940 | +€2,387 | +15.3% |
| Taxes | 450/3 | €15,553 | €17,940 | +€2,387 | +15.3% |
| Other amounts payable | 47/48 | €9,088 | €86,307 | +€77,219 | +850% |
| Non-recurring operating income | 76A | €0 | €8,000 | +€8,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,797 | €11,942 | -€1,855 | -13.4% |
| Other operating charges | 640/8 | €718 | €1,183 | +€464 | +64.6% |
| Gross operating margin | 9900 | €118,164 | €115,997 | -€2,167 | -1.8% |
| Operating profit (loss) | 9901 | €103,649 | €102,873 | -€776 | -0.7% |
| Financial income | 75/76B | €7,423 | €838 | -€6,586 | -88.7% |
| Recurring financial income | 75 | €7,423 | €838 | -€6,586 | -88.7% |
| Financial charges | 65/66B | -€174 | €126 | +€300 | |
| Recurring financial charges | 65 | -€174 | €126 | +€300 | |
| Profit (loss) for the period before taxes | 9903 | €111,246 | €103,584 | -€7,662 | -6.9% |
| Income taxes | 67/77 | €25,711 | €27,446 | +€1,735 | +6.7% |
| Profit (loss) for the period | 9904 | €85,535 | €76,138 | -€9,396 | -11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €85,535 | €76,138 | -€9,396 | -11.0% |
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 27 October 2026 via checked.be.