TEGELBEDRIJF 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.
TEGELBEDRIJF DEVOS
Largest movements
- Receivables within one year -€132,409
down €132,409 (-13.1%), from €1.0m to €875,185
of which Other amounts receivable: -€144,565
- Tangible fixed assets -€34,466
down €34,466 (-8.0%), from €430,998 to €396,532
of which Leasing and similar rights: -€19,541
- Cash -€33,488
down €33,488 (-22.8%), from €146,794 to €113,307
mainly Debts after one year (-€111,441) and Net result for the year (-€98,746)
- Debts after one year -€111,441
down €111,441 (-35.6%), from €313,307 to €201,866
- Short-term financial debts +€100,000
up €100,000 (+28.6%), from €350,000 to €450,000
- Reserves -€98,469
down €98,469 (-12.8%), from €767,050 to €668,581
of which Distributable reserves: -€98,469
- Other debts -€91,174
down €91,174 (-34.9%), from €261,579 to €170,406
- Trade debts +€34,992
up €34,992 (+13.1%), from €267,539 to €302,531
- Gross operating margin -€450,220
down €450,220 (-46.5%), from €967,728 to €517,507
- Staff costs -€65,380
down €65,380 (-11.7%), from €558,849 to €493,469
- Write-downs -€61,008
down €61,008, from €24,321 to -€36,687
- Financial charges -€27,998
down €27,998 (-30.0%), from €93,467 to €65,469
- Taxes -€10,703
down €10,703 (-95.2%), from €11,244 to €541
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 | €2,189,752 | €1,973,091 | -€216,660 | -9.9% |
| Fixed assets | 21/28 | €477,493 | €441,312 | -€36,181 | -7.6% |
| Intangible fixed assets | 21 | €2,364 | €649 | -€1,715 | -72.5% |
| Tangible fixed assets | 22/27 | €430,998 | €396,532 | -€34,466 | -8.0% |
| Plant, machinery and equipment | 23 | €4,094 | €2,789 | -€1,305 | -31.9% |
| Furniture and vehicles | 24 | €33,100 | €18,830 | -€14,270 | -43.1% |
| Leasing and similar rights | 25 | €62,201 | €42,660 | -€19,541 | -31.4% |
| Other tangible fixed assets | 26 | €331,603 | €332,252 | +€650 | +0.2% |
| Financial fixed assets | 28 | €44,131 | €44,131 | = | 0.0% |
| Current assets | 29/58 | €1,712,259 | €1,531,779 | -€180,479 | -10.5% |
| Stocks and contracts in progress | 3 | €545,769 | €532,453 | -€13,316 | -2.4% |
| Stocks | 30/36 | €545,769 | €532,453 | -€13,316 | -2.4% |
| Amounts receivable within one year | 40/41 | €1,007,594 | €875,185 | -€132,409 | -13.1% |
| Trade receivables | 40 | €783,238 | €795,393 | +€12,156 | +1.6% |
| Other amounts receivable | 41 | €224,356 | €79,791 | -€144,565 | -64.4% |
| Cash at bank and in hand | 54/58 | €146,794 | €113,307 | -€33,488 | -22.8% |
| Deferred charges and accrued income | 490/1 | €12,101 | €10,835 | -€1,266 | -10.5% |
| Total equity and liabilities | 10/49 | €2,189,752 | €1,973,091 | -€216,660 | -9.9% |
| Equity | 10/15 | €787,326 | €688,581 | -€98,746 | -12.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €767,050 | €668,581 | -€98,469 | -12.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €26,750 | €26,750 | = | 0.0% |
| Distributable reserves | 133 | €740,300 | €641,831 | -€98,469 | -13.3% |
| Profit (loss) carried forward | 14 | €276 | €0 | -€276 | -100% |
| Amounts payable | 17/49 | €1,402,425 | €1,284,511 | -€117,915 | -8.4% |
| Amounts payable after more than one year | 17 | €313,307 | €201,866 | -€111,441 | -35.6% |
| Financial debts | 170/4 | €313,307 | €201,866 | -€111,441 | -35.6% |
| Amounts payable within one year | 42/48 | €1,071,420 | €1,067,806 | -€3,614 | -0.3% |
| Current portion of amounts payable after more than one year | 42 | €129,960 | €113,094 | -€16,866 | -13.0% |
| Financial debts | 43 | €350,000 | €450,000 | +€100,000 | +28.6% |
| Credit institutions | 430/8 | €350,000 | €450,000 | +€100,000 | +28.6% |
| Trade debts | 44 | €267,539 | €302,531 | +€34,992 | +13.1% |
| Suppliers | 440/4 | €267,539 | €302,531 | +€34,992 | +13.1% |
| Advances received on contracts in progress | 46 | €1,789 | €0 | -€1,789 | -100% |
| Taxes, remuneration and social security | 45 | €60,553 | €31,776 | -€28,777 | -47.5% |
| Taxes | 450/3 | €15,653 | €1,841 | -€13,813 | -88.2% |
| Remuneration and social security | 454/9 | €44,900 | €29,935 | -€14,964 | -33.3% |
| Other amounts payable | 47/48 | €261,579 | €170,406 | -€91,174 | -34.9% |
| Accrued charges and deferred income | 492/3 | €17,699 | €14,838 | -€2,860 | -16.2% |
| Non-recurring operating income | 76A | €17,770 | €0 | -€17,770 | -100% |
| Remuneration, social security and pensions | 62 | €558,849 | €493,469 | -€65,380 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,947 | €55,986 | -€962 | -1.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €24,321 | -€36,687 | -€61,008 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €54,260 | €45,583 | -€8,676 | -16.0% |
| Non-recurring operating charges | 66A | €15,215 | €0 | -€15,215 | -100% |
| Gross operating margin | 9900 | €967,728 | €517,507 | -€450,220 | -46.5% |
| Operating profit (loss) | 9901 | €258,136 | -€40,844 | -€298,980 | |
| Financial income | 75/76B | €9,693 | €8,108 | -€1,585 | -16.4% |
| Recurring financial income | 75 | €9,693 | €8,108 | -€1,585 | -16.4% |
| Financial charges | 65/66B | €93,467 | €65,469 | -€27,998 | -30.0% |
| Recurring financial charges | 65 | €93,467 | €65,469 | -€27,998 | -30.0% |
| Profit (loss) for the period before taxes | 9903 | €174,362 | -€98,205 | -€272,568 | |
| Income taxes | 67/77 | €11,244 | €541 | -€10,703 | -95.2% |
| Profit (loss) for the period | 9904 | €163,119 | -€98,746 | -€261,865 | |
| Profit (loss) for the period to be appropriated | 9905 | €163,119 | -€98,746 | -€261,865 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.