DE VINCI: 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 VINCI
Largest movements
- Deferred charges and accrued income +€496,083
up €496,083 (+53,099%), from €934 to €497,017
- Cash +€467,757
up €467,757 (+707%), from €66,147 to €533,904
mainly Net result for the year (+€537,530) and Receivables within one year (+€427,245)
- Receivables within one year -€427,245
down €427,245 (-87.0%), from €491,007 to €63,762
- Profit (loss) carried forward +€537,530
up €537,530 (+18.1%), from €3.0m to €3.5m
- Financial income +€302,067
up €302,067 (+125%), from €242,055 to €544,122
- Taxes -€1,896
no longer reported in 2025 (was €1,896)
- Gross operating margin +€217
up €217 (+3.9%), from -€5,491 to -€5,274
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 | €3,618,435 | €4,155,029 | +€536,594 | +14.8% |
| Fixed assets | 21/28 | €3,060,346 | €3,060,346 | = | 0.0% |
| Financial fixed assets | 28 | €3,060,346 | €3,060,346 | = | 0.0% |
| Current assets | 29/58 | €558,089 | €1,094,683 | +€536,594 | +96.1% |
| Amounts receivable within one year | 40/41 | €491,007 | €63,762 | -€427,245 | -87.0% |
| Other amounts receivable | 41 | €491,007 | €63,762 | -€427,245 | -87.0% |
| Cash at bank and in hand | 54/58 | €66,147 | €533,904 | +€467,757 | +707% |
| Deferred charges and accrued income | 490/1 | €934 | €497,017 | +€496,083 | +53,099% |
| Total equity and liabilities | 10/49 | €3,618,435 | €4,155,029 | +€536,594 | +14.8% |
| Equity | 10/15 | €3,607,449 | €4,144,979 | +€537,530 | +14.9% |
| Contributions | 10/11 | €522,300 | €522,300 | = | 0.0% |
| Capital | 10 | €522,300 | €522,300 | = | 0.0% |
| Issued capital | 100 | €522,300 | €522,300 | = | 0.0% |
| Reserves | 13 | €119,765 | €119,765 | = | 0.0% |
| Non-distributable reserves | 130/1 | €119,765 | €119,765 | = | 0.0% |
| Legal reserve | 130 | €119,765 | €119,765 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,965,384 | €3,502,914 | +€537,530 | +18.1% |
| Amounts payable | 17/49 | €10,985 | €10,050 | -€935 | -8.5% |
| Amounts payable within one year | 42/48 | €10,985 | €10,050 | -€935 | -8.5% |
| Trade debts | 44 | €55 | €997 | +€942 | +1,716% |
| Suppliers | 440/4 | €55 | €997 | +€942 | +1,716% |
| Taxes, remuneration and social security | 45 | €10,570 | €8,693 | -€1,878 | -17.8% |
| Taxes | 450/3 | €10,570 | €8,693 | -€1,878 | -17.8% |
| Other amounts payable | 47/48 | €360 | €360 | = | 0.0% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€5,491 | -€5,274 | +€217 | +3.9% |
| Operating profit (loss) | 9901 | -€6,458 | -€6,272 | +€186 | +2.9% |
| Financial income | 75/76B | €242,055 | €544,122 | +€302,067 | +125% |
| Recurring financial income | 75 | €242,055 | €544,122 | +€302,067 | +125% |
| Financial charges | 65/66B | €371 | €320 | -€51 | -13.8% |
| Recurring financial charges | 65 | €371 | €320 | -€51 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €235,225 | €537,530 | +€302,304 | +129% |
| Income taxes | 67/77 | €1,896 | - | -€1,896 | |
| Profit (loss) for the period | 9904 | €233,330 | €537,530 | +€304,200 | +130% |
| Profit (loss) for the period to be appropriated | 9905 | €233,330 | €537,530 | +€304,200 | +130% |
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 14 October 2026 via checked.be.