DEV IMMO: 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.
DEV IMMO
Largest movements
- Receivables within one year +€97,050
up €97,050 (+58.2%), from €166,862 to €263,912
of which Trade receivables: +€67,640
- Cash -€66,568
down €66,568 (-69.3%), from €96,057 to €29,489
mainly Receivables within one year (-€97,050) and Investment in fixed assets (net) (-€58,709)
- Tangible fixed assets +€32,299
up €32,299 (+6.7%), from €483,148 to €515,448
of which Land and buildings: +€34,660
- Accrued charges and deferred income -€58,607
down €58,607 (-76.5%), from €76,611 to €18,005
- Profit (loss) carried forward +€41,935
up €41,935 (+18.4%), from €227,310 to €269,246
- Trade debts +€38,903
up €38,903 (+150.8%), from €25,799 to €64,702
- Other debts +€24,425
up €24,425 (+473.6%), from €5,158 to €29,583
- Debts after one year +€20,521
up €20,521 (+5.6%), from €367,943 to €388,464
- Other operating charges -€102,522
down €102,522 (-87.8%), from €116,831 to €14,310
- Gross operating margin -€29,345
down €29,345 (-18.5%), from €158,337 to €128,992
- Taxes +€9,343
up €9,343 (+3777.5%), from €247 to €9,590
- Write-downs +€3,950
new in 2024: €3,950
- Depreciation +€2,809
up €2,809 (+11.1%), from €25,401 to €28,210
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 | €756,148 | €822,529 | +€66,381 | +8.8% |
| Fixed assets | 21/28 | €484,948 | €515,448 | +€30,499 | +6.3% |
| Tangible fixed assets | 22/27 | €483,148 | €515,448 | +€32,299 | +6.7% |
| Land and buildings | 22 | €469,887 | €504,547 | +€34,660 | +7.4% |
| Plant, machinery and equipment | 23 | - | €1,087 | +€1,087 | |
| Furniture and vehicles | 24 | €7,462 | €7,040 | -€421 | -5.6% |
| Leasing and similar rights | 25 | €5,800 | €2,774 | -€3,026 | -52.2% |
| Financial fixed assets | 28 | €1,800 | - | -€1,800 | |
| Current assets | 29/58 | €271,199 | €307,081 | +€35,882 | +13.2% |
| Stocks and contracts in progress | 3 | €6,365 | €8,770 | +€2,405 | +37.8% |
| Stocks | 30/36 | €6,365 | €8,770 | +€2,405 | +37.8% |
| Amounts receivable within one year | 40/41 | €166,862 | €263,912 | +€97,050 | +58.2% |
| Trade receivables | 40 | €122,310 | €189,950 | +€67,640 | +55.3% |
| Other amounts receivable | 41 | €44,553 | €73,962 | +€29,410 | +66.0% |
| Cash at bank and in hand | 54/58 | €96,057 | €29,489 | -€66,568 | -69.3% |
| Deferred charges and accrued income | 490/1 | €1,916 | €4,911 | +€2,995 | +156.4% |
| Total equity and liabilities | 10/49 | €756,148 | €822,529 | +€66,381 | +8.8% |
| Equity | 10/15 | €232,310 | €274,246 | +€41,935 | +18.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €227,310 | €269,246 | +€41,935 | +18.4% |
| Amounts payable | 17/49 | €523,837 | €548,283 | +€24,446 | +4.7% |
| Amounts payable after more than one year | 17 | €367,943 | €388,464 | +€20,521 | +5.6% |
| Financial debts | 170/4 | €367,943 | €388,464 | +€20,521 | +5.6% |
| Amounts payable within one year | 42/48 | €79,283 | €141,815 | +€62,532 | +78.9% |
| Current portion of amounts payable after more than one year | 42 | €39,597 | €40,483 | +€886 | +2.2% |
| Trade debts | 44 | €25,799 | €64,702 | +€38,903 | +150.8% |
| Suppliers | 440/4 | €25,799 | €64,702 | +€38,903 | +150.8% |
| Taxes, remuneration and social security | 45 | €8,730 | €7,047 | -€1,683 | -19.3% |
| Taxes | 450/3 | €6,900 | €7,047 | +€147 | +2.1% |
| Remuneration and social security | 454/9 | €1,830 | - | -€1,830 | |
| Other amounts payable | 47/48 | €5,158 | €29,583 | +€24,425 | +473.6% |
| Accrued charges and deferred income | 492/3 | €76,611 | €18,005 | -€58,607 | -76.5% |
| Remuneration, social security and pensions | 62 | €13,698 | €15,233 | +€1,535 | +11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,401 | €28,210 | +€2,809 | +11.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,950 | +€3,950 | |
| Other operating charges | 640/8 | €116,831 | €14,310 | -€102,522 | -87.8% |
| Gross operating margin | 9900 | €158,337 | €128,992 | -€29,345 | -18.5% |
| Operating profit (loss) | 9901 | €2,407 | €67,289 | +€64,882 | +2695.6% |
| Financial income | 75/76B | €322 | €1,143 | +€820 | +254.7% |
| Recurring financial income | 75 | €322 | €1,143 | +€820 | +254.7% |
| Financial charges | 65/66B | €14,764 | €16,906 | +€2,142 | +14.5% |
| Recurring financial charges | 65 | €14,764 | €16,906 | +€2,142 | +14.5% |
| Profit (loss) for the period before taxes | 9903 | -€12,035 | €51,526 | +€63,561 | |
| Income taxes | 67/77 | €247 | €9,590 | +€9,343 | +3777.5% |
| Profit (loss) for the period | 9904 | -€12,282 | €41,935 | +€54,218 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,282 | €41,935 | +€54,218 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.