Devinity: 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.
Devinity
Largest movements
- Intangible fixed assets -€280,687
down €280,687 (-28.1%), from €1.0m to €719,721
- Receivables within one year +€44,085
up €44,085 (+28.6%), from €154,347 to €198,431
of which Trade receivables: +€31,885
- Cash -€40,434
down €40,434 (-42.2%), from €95,870 to €55,437
mainly Net result for the year (-€588,226) and Trade debts (-€161,966)
- Deferred charges and accrued income -€20,525
down €20,525 (-31.3%), from €65,489 to €44,964
- Profit (loss) carried forward -€588,226
down €588,226 (-54.0%), from -€1.1m to -€1.7m
- Debts after one year +€395,958
up €395,958 (+119%), from €333,339 to €729,298
- Trade debts -€161,966
down €161,966 (-50.0%), from €323,782 to €161,816
- Accrued charges and deferred income +€41,411
up €41,411 (+354%), from €11,695 to €53,106
- Gross operating margin -€186,796
down €186,796 (-71.1%), from €262,805 to €76,009
- Financial charges +€17,161
up €17,161 (+350%), from €4,901 to €22,062
- Staff costs -€4,956
down €4,956 (-1.6%), from €306,665 to €301,709
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 | €1,360,520 | €1,050,331 | -€310,189 | -22.8% |
| Fixed assets | 21/28 | €1,044,814 | €751,499 | -€293,315 | -28.1% |
| Intangible fixed assets | 21 | €1,000,409 | €719,721 | -€280,687 | -28.1% |
| Tangible fixed assets | 22/27 | €44,405 | €31,778 | -€12,627 | -28.4% |
| Plant, machinery and equipment | 23 | €37,141 | €20,572 | -€16,569 | -44.6% |
| Furniture and vehicles | 24 | €7,264 | €11,206 | +€3,942 | +54.3% |
| Current assets | 29/58 | €315,706 | €298,832 | -€16,874 | -5.3% |
| Amounts receivable within one year | 40/41 | €154,347 | €198,431 | +€44,085 | +28.6% |
| Trade receivables | 40 | €147,180 | €179,065 | +€31,885 | +21.7% |
| Other amounts receivable | 41 | €7,166 | €19,366 | +€12,200 | +170% |
| Cash at bank and in hand | 54/58 | €95,870 | €55,437 | -€40,434 | -42.2% |
| Deferred charges and accrued income | 490/1 | €65,489 | €44,964 | -€20,525 | -31.3% |
| Total equity and liabilities | 10/49 | €1,360,520 | €1,050,331 | -€310,189 | -22.8% |
| Equity | 10/15 | -€1,070,088 | -€1,658,313 | -€588,226 | -55.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,090,088 | -€1,678,313 | -€588,226 | -54.0% |
| Amounts payable | 17/49 | €2,430,608 | €2,708,644 | +€278,037 | +11.4% |
| Amounts payable after more than one year | 17 | €333,339 | €729,298 | +€395,958 | +119% |
| Financial debts | 170/4 | €333,339 | €729,298 | +€395,958 | +119% |
| Amounts payable within one year | 42/48 | €2,085,573 | €1,926,241 | -€159,333 | -7.6% |
| Trade debts | 44 | €323,782 | €161,816 | -€161,966 | -50.0% |
| Suppliers | 440/4 | €323,782 | €161,816 | -€161,966 | -50.0% |
| Taxes, remuneration and social security | 45 | €77,302 | €79,335 | +€2,033 | +2.6% |
| Taxes | 450/3 | €34,228 | €44,808 | +€10,581 | +30.9% |
| Remuneration and social security | 454/9 | €43,074 | €34,526 | -€8,548 | -19.8% |
| Other amounts payable | 47/48 | €1,684,490 | €1,685,090 | +€600 | 0.0% |
| Accrued charges and deferred income | 492/3 | €11,695 | €53,106 | +€41,411 | +354% |
| Remuneration, social security and pensions | 62 | €306,665 | €301,709 | -€4,956 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €303,948 | €304,307 | +€359 | +0.1% |
| Other operating charges | 640/8 | €702 | €3,151 | +€2,449 | +349% |
| Non-recurring operating charges | 66A | €149 | €31,873 | +€31,725 | +21,362% |
| Gross operating margin | 9900 | €262,805 | €76,009 | -€186,796 | -71.1% |
| Operating profit (loss) | 9901 | -€348,659 | -€565,031 | -€216,372 | -62.1% |
| Financial income | 75/76B | €9 | €7 | -€2 | -20.2% |
| Recurring financial income | 75 | €9 | €7 | -€2 | -20.2% |
| Financial charges | 65/66B | €4,901 | €22,062 | +€17,161 | +350% |
| Recurring financial charges | 65 | €4,901 | €22,062 | +€17,161 | +350% |
| Profit (loss) for the period before taxes | 9903 | -€353,551 | -€587,086 | -€233,535 | -66.1% |
| Income taxes | 67/77 | €837 | €1,140 | +€303 | +36.2% |
| Profit (loss) for the period | 9904 | -€354,388 | -€588,226 | -€233,838 | -66.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€354,388 | -€588,226 | -€233,838 | -66.0% |
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 25 October 2026 via checked.be.