DEVICON: 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.
DEVICON
Largest movements
- Tangible fixed assets -€17,205
no longer reported in 2025 (was €17,205)
- Cash -€17,175
down €17,175 (-91.1%), from €18,851 to €1,675
mainly Other debts (-€23,853) and Receivables within one year (-€11,647)
- Receivables within one year +€11,647
up €11,647 (+594%), from €1,961 to €13,607
of which Other amounts receivable: +€10,177
- Other debts -€23,853
down €23,853 (-18.8%), from €127,180 to €103,327
- Profit (loss) carried forward +€6,988
up €6,988 (+10.8%), from €64,572 to €71,561
- Tax, wage and social debts -€4,435
no longer reported in 2025 (was €4,435)
- Gross operating margin -€43,379
down €43,379 (-76.2%), from €56,902 to €13,523
- Taxes -€2,699
down €2,699 (-50.3%), from €5,364 to €2,664
- Depreciation -€1,552
no longer reported in 2025 (was €1,552)
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 | €441,916 | €415,249 | -€26,667 | -6.0% |
| Fixed assets | 21/28 | €420,171 | €399,966 | -€20,205 | -4.8% |
| Tangible fixed assets | 22/27 | €17,205 | - | -€17,205 | |
| Furniture and vehicles | 24 | €17,205 | - | -€17,205 | |
| Financial fixed assets | 28 | €402,966 | €399,966 | -€3,000 | -0.7% |
| Current assets | 29/58 | €21,745 | €15,283 | -€6,462 | -29.7% |
| Amounts receivable within one year | 40/41 | €1,961 | €13,607 | +€11,647 | +594% |
| Trade receivables | 40 | €1,040 | €2,510 | +€1,470 | +141% |
| Other amounts receivable | 41 | €921 | €11,097 | +€10,177 | +1,105% |
| Cash at bank and in hand | 54/58 | €18,851 | €1,675 | -€17,175 | -91.1% |
| Deferred charges and accrued income | 490/1 | €934 | - | -€934 | |
| Total equity and liabilities | 10/49 | €441,916 | €415,249 | -€26,667 | -6.0% |
| Equity | 10/15 | €285,483 | €292,472 | +€6,988 | +2.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €208,511 | €208,511 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,920 | €1,920 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,920 | €1,920 | = | 0.0% |
| Distributable reserves | 133 | €206,591 | €206,591 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,572 | €71,561 | +€6,988 | +10.8% |
| Amounts payable | 17/49 | €156,433 | €122,777 | -€33,655 | -21.5% |
| Amounts payable after more than one year | 17 | €15,992 | €12,302 | -€3,690 | -23.1% |
| Financial debts | 170/4 | €15,992 | €12,302 | -€3,690 | -23.1% |
| Amounts payable within one year | 42/48 | €138,984 | €109,204 | -€29,780 | -21.4% |
| Current portion of amounts payable after more than one year | 42 | €3,449 | €3,690 | +€241 | +7.0% |
| Financial debts | 43 | €1,690 | - | -€1,690 | |
| Other loans | 439 | €1,690 | - | -€1,690 | |
| Trade debts | 44 | €2,231 | €2,187 | -€43 | -1.9% |
| Suppliers | 440/4 | €2,231 | €2,187 | -€43 | -1.9% |
| Taxes, remuneration and social security | 45 | €4,435 | - | -€4,435 | |
| Taxes | 450/3 | €4,435 | - | -€4,435 | |
| Other amounts payable | 47/48 | €127,180 | €103,327 | -€23,853 | -18.8% |
| Accrued charges and deferred income | 492/3 | €1,457 | €1,271 | -€186 | -12.7% |
| Non-recurring operating income | 76A | - | €45 | +€45 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,552 | - | -€1,552 | |
| Other operating charges | 640/8 | €890 | €585 | -€305 | -34.3% |
| Gross operating margin | 9900 | €56,902 | €13,523 | -€43,379 | -76.2% |
| Operating profit (loss) | 9901 | €54,460 | €12,938 | -€41,522 | -76.2% |
| Financial income | 75/76B | €85 | €88 | +€3 | +3.8% |
| Recurring financial income | 75 | €85 | €88 | +€3 | +3.8% |
| Financial charges | 65/66B | €2,930 | €3,373 | +€443 | +15.1% |
| Recurring financial charges | 65 | €2,930 | €3,373 | +€443 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | €51,614 | €9,652 | -€41,962 | -81.3% |
| Income taxes | 67/77 | €5,364 | €2,664 | -€2,699 | -50.3% |
| Profit (loss) for the period | 9904 | €46,250 | €6,988 | -€39,262 | -84.9% |
| Profit (loss) for the period to be appropriated | 9905 | €46,250 | €6,988 | -€39,262 | -84.9% |
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 26 October 2026 via checked.be.