DESTOOP - DEVOS: what changed
Two fiscal 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.
DESTOOP - DEVOS
Largest movements
- Tangible fixed assets +€211,386
up €211,386 (+48.0%), from €440,648 to €652,034
of which Assets under construction and advance payments: +€270,191
- Cash -€61,766
down €61,766 (-74.5%), from €82,856 to €21,090
mainly Investment in fixed assets (net) (-€280,843) and Other debts (-€80,600)
- Receivables within one year +€36,513
up €36,513 (+88.7%), from €41,171 to €77,685
of which Trade receivables: +€39,223
- Debts after one year +€172,840
up €172,840 (+377.4%), from €45,800 to €218,640
- Other debts -€80,600
down €80,600 (-32.0%), from €252,194 to €171,595
- Tax, wage and social debts +€30,366
up €30,366 (+1860.2%), from €1,632 to €31,999
- Reserves +€25,998
up €25,998 (+10.7%), from €243,344 to €269,342
of which Distributable reserves: +€25,998
- Current portion of long-term debt +€16,262
new in 2024: €16,262
- Gross operating margin +€53,892
up €53,892 (+76.7%), from €70,253 to €124,145
- Depreciation +€15,284
up €15,284 (+28.2%), from €54,173 to €69,457
- Financial charges +€12,214
up €12,214 (+115.4%), from €10,581 to €22,795
- Taxes +€3,099
up €3,099 (+208.4%), from €1,487 to €4,586
- Write-downs +€1,385
up €1,385, from -€1,385 to €0
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €570,694 | €757,303 | +€186,609 | +32.7% |
| Fixed assets | 21/28 | €443,668 | €655,054 | +€211,386 | +47.6% |
| Tangible fixed assets | 22/27 | €440,648 | €652,034 | +€211,386 | +48.0% |
| Land and buildings | 22 | €306,856 | €288,285 | -€18,571 | -6.1% |
| Plant, machinery and equipment | 23 | €37,425 | €23,725 | -€13,700 | -36.6% |
| Furniture and vehicles | 24 | €89,926 | €63,392 | -€26,534 | -29.5% |
| Assets under construction and advance payments | 27 | €6,440 | €276,632 | +€270,191 | +4195.4% |
| Financial fixed assets | 28 | €3,020 | €3,020 | = | 0.0% |
| Current assets | 29/58 | €127,027 | €102,250 | -€24,777 | -19.5% |
| Stocks and contracts in progress | 3 | €500 | €500 | = | 0.0% |
| Stocks | 30/36 | €500 | €500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €41,171 | €77,685 | +€36,513 | +88.7% |
| Trade receivables | 40 | €13,477 | €52,700 | +€39,223 | +291.0% |
| Other amounts receivable | 41 | €27,694 | €24,984 | -€2,710 | -9.8% |
| Cash at bank and in hand | 54/58 | €82,856 | €21,090 | -€61,766 | -74.5% |
| Deferred charges and accrued income | 490/1 | €2,500 | €2,975 | +€475 | +19.0% |
| Total equity and liabilities | 10/49 | €570,694 | €757,303 | +€186,609 | +32.7% |
| Equity | 10/15 | €249,544 | €275,542 | +€25,998 | +10.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €243,344 | €269,342 | +€25,998 | +10.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €243,344 | €269,342 | +€25,998 | +10.7% |
| Amounts payable | 17/49 | €321,150 | €481,761 | +€160,611 | +50.0% |
| Amounts payable after more than one year | 17 | €45,800 | €218,640 | +€172,840 | +377.4% |
| Financial debts | 170/4 | €45,800 | €218,640 | +€172,840 | +377.4% |
| Amounts payable within one year | 42/48 | €266,293 | €245,516 | -€20,777 | -7.8% |
| Current portion of amounts payable after more than one year | 42 | - | €16,262 | +€16,262 | |
| Trade debts | 44 | €12,466 | €25,661 | +€13,195 | +105.8% |
| Suppliers | 440/4 | €12,466 | €25,661 | +€13,195 | +105.8% |
| Taxes, remuneration and social security | 45 | €1,632 | €31,999 | +€30,366 | +1860.2% |
| Taxes | 450/3 | €1,632 | €31,999 | +€30,366 | +1860.2% |
| Other amounts payable | 47/48 | €252,194 | €171,595 | -€80,600 | -32.0% |
| Accrued charges and deferred income | 492/3 | €9,058 | €17,605 | +€8,548 | +94.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,173 | €69,457 | +€15,284 | +28.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,385 | €0 | +€1,385 | |
| Other operating charges | 640/8 | €3,049 | €2,057 | -€991 | -32.5% |
| Gross operating margin | 9900 | €70,253 | €124,145 | +€53,892 | +76.7% |
| Operating profit (loss) | 9901 | €14,416 | €52,631 | +€38,215 | +265.1% |
| Financial income | 75/76B | €932 | €748 | -€184 | -19.7% |
| Recurring financial income | 75 | €932 | €748 | -€184 | -19.7% |
| Financial charges | 65/66B | €10,581 | €22,795 | +€12,214 | +115.4% |
| Recurring financial charges | 65 | €10,581 | €22,795 | +€12,214 | +115.4% |
| Profit (loss) for the period before taxes | 9903 | €4,767 | €30,584 | +€25,817 | +541.6% |
| Income taxes | 67/77 | €1,487 | €4,586 | +€3,099 | +208.4% |
| Profit (loss) for the period | 9904 | €3,280 | €25,998 | +€22,718 | +692.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,280 | €25,998 | +€22,718 | +692.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.