REDERIJ DEVAN: 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.
What changed
REDERIJ DEVAN
NACE 03.110, Fishing and aquaculture
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€154,389
2024 · €507,885-€662,274
Equity
€2.4m
2024 · €2.7m-€308,344
Cash
€774,727
2024 · €820,227-€45,500
Balance sheet total
€6.7m
2024 · €7.2m-€474,569
Largest movements
Assets
- Tangible fixed assets -€311,868
down €311,868 (-5.2%), from €6.0m to €5.7m
of which Furniture and vehicles: -€331,342
- Intangible fixed assets -€100,000
down €100,000 (-66.7%), from €150,000 to €50,000
Equity and liabilities
- Debts after one year -€229,333
down €229,333 (-6.1%), from €3.8m to €3.6m
of which Financial debts: -€229,333
- Reserves -€141,680
down €141,680 (-10.8%), from €1.3m to €1.2m
of which Distributable reserves: -€105,448
- Profit (loss) carried forward -€118,157
down €118,157 (-30.7%), from €384,596 to €266,439
- Other debts +€74,330
up €74,330 (+147.7%), from €50,336 to €124,666
Income statement
- Gross operating margin -€702,914
down €702,914 (-35.3%), from €2.0m to €1.3m
- Taxes -€54,412
no longer reported in 2025 (was €54,412)
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.
Result 2024
€507,885
Gross operating margin
-€702,914
Staff costs
+€4,321
Depreciation
-€13,711
Other operating charges
-€805
Financial income
-€5,434
Financial charges
+€2,179
Taxes
+€54,412
Deferred taxes and other
-€322
Result 2025
-€154,389
Cash bridge derived
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.
From operations
+€487,639
Investment
-€149,851
Financing
-€383,287
Cash 2024
€820,227
From operations (derived)
+€487,639
Net result for the year
-€154,389
Depreciation
+€561,719
Receivables within one year
+€24,763
Deferred charges and accrued income
-€7,562
Provisions
-€19,332
Trade debts
+€32,488
Tax, wage and social debts
-€24,586
Other debts
+€74,330
Accrued charges and deferred income
+€207
Investment (derived)
-€149,851
Investment in fixed assets (net)
-€149,851
Financing
-€383,287
Debts after one year
-€229,333
Current portion of long-term debt
+€0
Contributions, distributions and other
-€153,955
Cash 2025
€774,727
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,163,337 | €6,688,768 | -€474,569 | -6.6% |
| Fixed assets | 21/28 | €6,188,865 | €5,776,997 | -€411,868 | -6.7% |
| Intangible fixed assets | 21 | €150,000 | €50,000 | -€100,000 | -66.7% |
| Tangible fixed assets | 22/27 | €6,026,790 | €5,714,922 | -€311,868 | -5.2% |
| Land and buildings | 22 | €205,160 | €181,565 | -€23,595 | -11.5% |
| Plant, machinery and equipment | 23 | €173,529 | €216,599 | +€43,070 | +24.8% |
| Furniture and vehicles | 24 | €5,648,101 | €5,316,759 | -€331,342 | -5.9% |
| Financial fixed assets | 28 | €12,075 | €12,075 | = | 0.0% |
| Current assets | 29/58 | €974,472 | €911,771 | -€62,701 | -6.4% |
| Amounts receivable within one year | 40/41 | €88,807 | €64,044 | -€24,763 | -27.9% |
| Trade receivables | 40 | €81,620 | €58,685 | -€22,935 | -28.1% |
| Other amounts receivable | 41 | €7,187 | €5,358 | -€1,829 | -25.4% |
| Cash at bank and in hand | 54/58 | €820,227 | €774,727 | -€45,500 | -5.5% |
| Deferred charges and accrued income | 490/1 | €65,438 | €73,000 | +€7,562 | +11.6% |
| Total equity and liabilities | 10/49 | €7,163,337 | €6,688,768 | -€474,569 | -6.6% |
| Equity | 10/15 | €2,690,138 | €2,381,794 | -€308,344 | -11.5% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €1,306,034 | €1,164,355 | -€141,680 | -10.8% |
| Non-distributable reserves | 130/1 | €12,707 | €12,707 | +€0 | 0.0% |
| Reserves not available under the articles | 1311 | €12,707 | €12,707 | +€0 | 0.0% |
| Tax-exempt reserves | 132 | €418,238 | €382,006 | -€36,232 | -8.7% |
| Distributable reserves | 133 | €875,089 | €769,641 | -€105,448 | -12.0% |
| Profit (loss) carried forward | 14 | €384,596 | €266,439 | -€118,157 | -30.7% |
| Investment grants | 15 | €599,508 | €551,000 | -€48,508 | -8.1% |
| Provisions and deferred taxes | 16 | €226,615 | €207,283 | -€19,332 | -8.5% |
| Deferred taxes | 168 | €226,615 | €207,283 | -€19,332 | -8.5% |
| Amounts payable | 17/49 | €4,246,584 | €4,099,691 | -€146,893 | -3.5% |
| Amounts payable after more than one year | 17 | €3,785,666 | €3,556,333 | -€229,333 | -6.1% |
| Financial debts | 170/4 | €3,702,666 | €3,473,333 | -€229,333 | -6.2% |
| Other amounts payable | 178/9 | €83,000 | €83,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €452,257 | €534,489 | +€82,232 | +18.2% |
| Current portion of amounts payable after more than one year | 42 | €229,333 | €229,333 | +€0 | 0.0% |
| Trade debts | 44 | €80,414 | €112,902 | +€32,488 | +40.4% |
| Suppliers | 440/4 | €80,414 | €112,902 | +€32,488 | +40.4% |
| Taxes, remuneration and social security | 45 | €92,174 | €67,588 | -€24,586 | -26.7% |
| Taxes | 450/3 | €82,688 | €45,741 | -€36,947 | -44.7% |
| Remuneration and social security | 454/9 | €9,486 | €21,847 | +€12,361 | +130.3% |
| Other amounts payable | 47/48 | €50,336 | €124,666 | +€74,330 | +147.7% |
| Accrued charges and deferred income | 492/3 | €8,661 | €8,868 | +€207 | +2.4% |
| Remuneration, social security and pensions | 62 | €903,639 | €899,318 | -€4,321 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €548,008 | €561,719 | +€13,711 | +2.5% |
| Other operating charges | 640/8 | €3,100 | €3,905 | +€805 | +26.0% |
| Gross operating margin | 9900 | €1,993,748 | €1,290,834 | -€702,914 | -35.3% |
| Operating profit (loss) | 9901 | €539,001 | -€174,108 | -€713,109 | |
| Financial income | 75/76B | €59,507 | €54,073 | -€5,434 | -9.1% |
| Recurring financial income | 75 | €59,507 | €54,073 | -€5,434 | -9.1% |
| Financial charges | 65/66B | €55,864 | €53,685 | -€2,179 | -3.9% |
| Recurring financial charges | 65 | €55,864 | €53,685 | -€2,179 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €542,644 | -€173,721 | -€716,365 | |
| Transfer from deferred taxes | 780 | €19,653 | €19,331 | -€322 | -1.6% |
| Income taxes | 67/77 | €54,412 | - | -€54,412 | |
| Profit (loss) for the period | 9904 | €507,885 | -€154,389 | -€662,274 | |
| Transfer from tax-exempt reserves | 789 | €36,232 | €36,232 | -€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €544,117 | -€118,157 | -€662,274 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.