De Vet Management: what changed
De Vet Management
Largest movements
- Cash +€388,187
up €388,187 (+179%), from €217,432 to €605,619
mainly Net result for the year (+€451,371) and Receivables within one year (+€87,505)
- Receivables within one year -€87,505
down €87,505 (-48.5%), from €180,589 to €93,083
of which Trade receivables: -€97,050
- Tangible fixed assets -€87,423
down €87,423 (-97.0%), from €90,117 to €2,694
of which Other tangible fixed assets: -€85,918
- Reserves +€223,340
up €223,340 (+18.1%), from €1.2m to €1.5m
of which Distributable reserves: +€223,340
- Other debts -€26,878
down €26,878 (-54.7%), from €49,135 to €22,257
- Tax, wage and social debts +€18,781
up €18,781 (+18.8%), from €99,858 to €118,639
- Gross operating margin +€119,250
up €119,250 (+22.0%), from €543,037 to €662,287
- Taxes +€43,123
up €43,123 (+25.3%), from €170,628 to €213,751
- Depreciation -€15,341
down €15,341 (-89.2%), from €17,194 to €1,854
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,430,662 | €1,645,195 | +€214,533 | +15.0% |
| Fixed assets | 21/28 | €90,804 | €3,631 | -€87,173 | -96.0% |
| Tangible fixed assets | 22/27 | €90,117 | €2,694 | -€87,423 | -97.0% |
| Furniture and vehicles | 24 | €4,199 | €2,694 | -€1,505 | -35.8% |
| Other tangible fixed assets | 26 | €85,918 | - | -€85,918 | |
| Financial fixed assets | 28 | €687 | €937 | +€250 | +36.4% |
| Current assets | 29/58 | €1,339,858 | €1,641,564 | +€301,706 | +22.5% |
| Amounts receivable within one year | 40/41 | €180,589 | €93,083 | -€87,505 | -48.5% |
| Trade receivables | 40 | €180,589 | €83,539 | -€97,050 | -53.7% |
| Other amounts receivable | 41 | - | €9,544 | +€9,544 | |
| Current investments | 50/53 | €941,838 | €942,862 | +€1,025 | +0.1% |
| Cash at bank and in hand | 54/58 | €217,432 | €605,619 | +€388,187 | +179% |
| Total equity and liabilities | 10/49 | €1,430,662 | €1,645,195 | +€214,533 | +15.0% |
| Equity | 10/15 | €1,280,959 | €1,504,300 | +€223,340 | +17.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,234,138 | €1,457,478 | +€223,340 | +18.1% |
| Tax-exempt reserves | 132 | €221 | €221 | = | 0.0% |
| Distributable reserves | 133 | €1,233,916 | €1,457,257 | +€223,340 | +18.1% |
| Profit (loss) carried forward | 14 | €28,272 | €28,272 | = | 0.0% |
| Amounts payable | 17/49 | €149,703 | €140,896 | -€8,807 | -5.9% |
| Amounts payable within one year | 42/48 | €149,703 | €140,896 | -€8,807 | -5.9% |
| Trade debts | 44 | €710 | - | -€710 | |
| Suppliers | 440/4 | €710 | - | -€710 | |
| Taxes, remuneration and social security | 45 | €99,858 | €118,639 | +€18,781 | +18.8% |
| Taxes | 450/3 | €99,858 | €118,639 | +€18,781 | +18.8% |
| Other amounts payable | 47/48 | €49,135 | €22,257 | -€26,878 | -54.7% |
| Non-recurring operating income | 76A | - | €4,230 | +€4,230 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,194 | €1,854 | -€15,341 | -89.2% |
| Other operating charges | 640/8 | €3,860 | €762 | -€3,098 | -80.3% |
| Gross operating margin | 9900 | €543,037 | €662,287 | +€119,250 | +22.0% |
| Operating profit (loss) | 9901 | €521,983 | €659,672 | +€137,688 | +26.4% |
| Financial income | 75/76B | €9,080 | €7,006 | -€2,074 | -22.8% |
| Recurring financial income | 75 | €9,080 | €7,006 | -€2,074 | -22.8% |
| Financial charges | 65/66B | €1,403 | €1,555 | +€152 | +10.9% |
| Recurring financial charges | 65 | €1,403 | €1,555 | +€152 | +10.9% |
| Profit (loss) for the period before taxes | 9903 | €529,661 | €665,122 | +€135,462 | +25.6% |
| Income taxes | 67/77 | €170,628 | €213,751 | +€43,123 | +25.3% |
| Profit (loss) for the period | 9904 | €359,032 | €451,371 | +€92,339 | +25.7% |
| Profit (loss) for the period to be appropriated | 9905 | €359,032 | €451,371 | +€92,339 | +25.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.