De.Vi.Construct: 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.
De.Vi.Construct
Largest movements
- Cash +€122,189
up €122,189 (+175.0%), from €69,811 to €192,000
mainly Net result for the year (+€141,668) and Other debts (+€88,965)
- Receivables within one year -€25,553
down €25,553 (-52.5%), from €48,677 to €23,124
of which Trade receivables: -€15,394
- Tangible fixed assets +€5,137
up €5,137 (+7.9%), from €65,311 to €70,448
of which Furniture and vehicles: +€11,050
- Other debts +€88,965
up €88,965 (+64.7%), from €137,552 to €226,517
- Trade debts +€5,074
up €5,074 (+30.9%), from €16,424 to €21,498
- Tax, wage and social debts +€4,174
up €4,174 (+37.1%), from €11,251 to €15,425
of which Taxes: +€6,153
- Gross operating margin +€118,435
up €118,435 (+65.3%), from €181,286 to €299,721
- Taxes +€25,460
up €25,460 (+114.1%), from €22,306 to €47,765
- Staff costs +€13,519
up €13,519 (+18.2%), from €74,357 to €87,876
- Depreciation +€10,731
up €10,731 (+117.9%), from €9,099 to €19,830
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €197,227 | €297,061 | +€99,834 | +50.6% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €65,985 | €71,122 | +€5,137 | +7.8% |
| Tangible fixed assets | 22/27 | €65,311 | €70,448 | +€5,137 | +7.9% |
| Plant, machinery and equipment | 23 | €10,762 | €7,003 | -€3,758 | -34.9% |
| Furniture and vehicles | 24 | €44,457 | €55,507 | +€11,050 | +24.9% |
| Other tangible fixed assets | 26 | €10,092 | €7,937 | -€2,155 | -21.4% |
| Financial fixed assets | 28 | €674 | €674 | = | 0.0% |
| Current assets | 29/58 | €131,242 | €225,939 | +€94,697 | +72.2% |
| Amounts receivable within one year | 40/41 | €48,677 | €23,124 | -€25,553 | -52.5% |
| Trade receivables | 40 | €30,824 | €15,430 | -€15,394 | -49.9% |
| Other amounts receivable | 41 | €17,852 | €7,694 | -€10,158 | -56.9% |
| Cash at bank and in hand | 54/58 | €69,811 | €192,000 | +€122,189 | +175.0% |
| Deferred charges and accrued income | 490/1 | €12,754 | €10,815 | -€1,939 | -15.2% |
| Total equity and liabilities | 10/49 | €197,227 | €297,061 | +€99,834 | +50.6% |
| Equity | 10/15 | €31,875 | €33,543 | +€1,668 | +5.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,275 | €14,943 | +€1,668 | +12.6% |
| Amounts payable | 17/49 | €165,353 | €263,518 | +€98,166 | +59.4% |
| Amounts payable within one year | 42/48 | €165,227 | €263,440 | +€98,213 | +59.4% |
| Trade debts | 44 | €16,424 | €21,498 | +€5,074 | +30.9% |
| Suppliers | 440/4 | €16,424 | €21,498 | +€5,074 | +30.9% |
| Taxes, remuneration and social security | 45 | €11,251 | €15,425 | +€4,174 | +37.1% |
| Taxes | 450/3 | €7,888 | €14,041 | +€6,153 | +78.0% |
| Remuneration and social security | 454/9 | €3,363 | €1,384 | -€1,979 | -58.9% |
| Other amounts payable | 47/48 | €137,552 | €226,517 | +€88,965 | +64.7% |
| Accrued charges and deferred income | 492/3 | €125 | €78 | -€47 | -37.5% |
| Remuneration, social security and pensions | 62 | €74,357 | €87,876 | +€13,519 | +18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,099 | €19,830 | +€10,731 | +117.9% |
| Other operating charges | 640/8 | €1,480 | €2,473 | +€993 | +67.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €181,286 | €299,721 | +€118,435 | +65.3% |
| Operating profit (loss) | 9901 | €96,350 | €189,542 | +€93,192 | +96.7% |
| Financial income | 75/76B | €245 | €58 | -€187 | -76.2% |
| Recurring financial income | 75 | €245 | €58 | -€187 | -76.2% |
| Financial charges | 65/66B | €193 | €167 | -€26 | -13.6% |
| Recurring financial charges | 65 | €193 | €167 | -€26 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €96,402 | €189,434 | +€93,032 | +96.5% |
| Income taxes | 67/77 | €22,306 | €47,765 | +€25,460 | +114.1% |
| Profit (loss) for the period | 9904 | €74,096 | €141,668 | +€67,572 | +91.2% |
| Profit (loss) for the period to be appropriated | 9905 | €74,096 | €141,668 | +€67,572 | +91.2% |
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 11 October 2026 via checked.be.