DEV JEWELS: 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.
What changed
DEV JEWELS
NACE 46.861, Wholesale of diamonds and other precious stones
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€2.9m
2023 · €4.5m-€1.6m
Equity
€24.6m
2023 · €21.7m+€2.9m
Cash
€811,231
2023 · €3.4m-€2.6m
Balance sheet total
€27.2m
2023 · €26.1m+€1.2m
Largest movements
Assets
- Receivables within one year +€4.4m
up €4.4m (+26.4%), from €16.6m to €20.9m
of which Trade receivables: +€4.3m
- Cash -€2.6m
down €2.6m (-76.3%), from €3.4m to €811,231
mainly Receivables within one year (-€4.4m) and Debts after one year (-€2.2m)
- Stocks and contracts -€703,223
down €703,223 (-21.0%), from €3.4m to €2.7m
Equity and liabilities
- Reserves +€2.9m
up €2.9m (+13.3%), from €21.7m to €24.6m
- Debts after one year -€2.2m
down €2.2m (-72.4%), from €3.1m to €842,773
- Trade debts +€559,200
up €559,200 (+53.0%), from €1.1m to €1.6m
Income statement
- Turnover -€6.2m
down €6.2m (-18.8%), from €32.8m to €26.6m
- Goods and materials -€5.0m
down €5.0m (-17.9%), from €27.8m to €22.8m
of which Purchases: -€6.9m
- Services and other goods +€432,135
up €432,135 (+92.1%), from €469,145 to €901,280
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.
Result 2023
€4.5m
Turnover
-€6.2m
Other operating income
-€45,692
Goods and materials
+€5.0m
Services and other goods
-€432,135
Staff costs
+€4,589
Depreciation
+€14,056
Write-downs
-€213,763
Other operating charges
+€168,266
Other operating items
-€2,592
Financial income
+€165,927
Financial charges
+€11,181
Taxes
-€38,418
Result 2024
€2.9m
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.
From operations
-€398,211
Investment
-€3,311
Financing
-€2.2m
Cash 2023
€3.4m
From operations (derived)
-€398,211
Net result for the year
+€2.9m
Depreciation
+€18,369
Receivables after one year
-€143,372
Stocks and contracts
+€703,223
Receivables within one year
-€4.4m
Smaller working-capital items
-€876
Trade debts
+€559,200
Tax, wage and social debts
-€60,486
Investment (derived)
-€3,311
Investment in fixed assets (net)
-€3,311
Financing
-€2.2m
Debts after one year
-€2.2m
Cash 2024
€811,231
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,050,285 | €27,236,193 | +€1.2m | +4.6% |
| Fixed assets | 21/28 | €369,638 | €354,580 | -€15,058 | -4.1% |
| Tangible fixed assets | 22/27 | €359,854 | €344,796 | -€15,058 | -4.2% |
| Land and buildings | 22 | €343,253 | €325,247 | -€18,006 | -5.2% |
| Plant, machinery and equipment | 23 | €10,110 | €14,743 | +€4,633 | +45.8% |
| Furniture and vehicles | 24 | €6,491 | €4,806 | -€1,685 | -26.0% |
| Financial fixed assets | 28 | €9,784 | €9,784 | = | 0.0% |
| Other financial fixed assets | 284/8 | €9,784 | €9,784 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €9,784 | €9,784 | = | 0.0% |
| Current assets | 29/58 | €25,680,647 | €26,881,613 | +€1.2m | +4.7% |
| Amounts receivable after more than one year | 29 | €2,253,394 | €2,396,766 | +€143,372 | +6.4% |
| Other amounts receivable | 291 | €2,253,394 | €2,396,766 | +€143,372 | +6.4% |
| Stocks and contracts in progress | 3 | €3,353,566 | €2,650,343 | -€703,223 | -21.0% |
| Stocks | 30/36 | €3,353,566 | €2,650,343 | -€703,223 | -21.0% |
| Goods purchased for resale | 34 | €3,353,566 | €2,361,577 | -€991,990 | -29.6% |
| Advance payments | 36 | - | €288,767 | +€288,767 | |
| Amounts receivable within one year | 40/41 | €16,573,190 | €20,942,918 | +€4.4m | +26.4% |
| Trade receivables | 40 | €15,431,726 | €19,716,055 | +€4.3m | +27.8% |
| Other amounts receivable | 41 | €1,141,464 | €1,226,863 | +€85,399 | +7.5% |
| Cash at bank and in hand | 54/58 | €3,421,232 | €811,231 | -€2.6m | -76.3% |
| Deferred charges and accrued income | 490/1 | €79,265 | €80,354 | +€1,089 | +1.4% |
| Total equity and liabilities | 10/49 | €26,050,285 | €27,236,193 | +€1.2m | +4.6% |
| Equity | 10/15 | €21,733,571 | €24,629,031 | +€2.9m | +13.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,714,971 | €24,610,431 | +€2.9m | +13.3% |
| Distributable reserves | 133 | €21,714,971 | €24,610,431 | +€2.9m | +13.3% |
| Amounts payable | 17/49 | €4,316,714 | €2,607,162 | -€1.7m | -39.6% |
| Amounts payable after more than one year | 17 | €3,051,252 | €842,773 | -€2.2m | -72.4% |
| Trade debts | 175 | €3,051,252 | €842,773 | -€2.2m | -72.4% |
| Suppliers | 1750 | €3,051,252 | €842,773 | -€2.2m | -72.4% |
| Amounts payable within one year | 42/48 | €1,265,086 | €1,763,800 | +€498,714 | +39.4% |
| Trade debts | 44 | €1,055,625 | €1,614,825 | +€559,200 | +53.0% |
| Suppliers | 440/4 | €1,055,625 | €1,614,825 | +€559,200 | +53.0% |
| Taxes, remuneration and social security | 45 | €209,460 | €148,974 | -€60,486 | -28.9% |
| Taxes | 450/3 | €201,286 | €139,251 | -€62,035 | -30.8% |
| Remuneration and social security | 454/9 | €8,174 | €9,724 | +€1,550 | +19.0% |
| Accrued charges and deferred income | 492/3 | €376 | €589 | +€213 | +56.5% |
| Operating income | 70/76A | €32,819,711 | €26,610,060 | -€6.2m | -18.9% |
| Turnover | 70 | €32,751,146 | €26,589,779 | -€6.2m | -18.8% |
| Other operating income | 74 | €65,973 | €20,282 | -€45,692 | -69.3% |
| Non-recurring operating income | 76A | €2,592 | - | -€2,592 | |
| Operating charges | 60/66A | €28,335,630 | €23,825,463 | -€4.5m | -15.9% |
| Goods for resale, raw materials and consumables | 60 | €27,777,762 | €22,808,608 | -€5.0m | -17.9% |
| Purchases | 600/8 | €28,708,727 | €21,816,618 | -€6.9m | -24.0% |
| Change in stocks: decrease (increase) | 609 | -€930,966 | €991,990 | +€1.9m | |
| Services and other goods | 61 | €469,145 | €901,280 | +€432,135 | +92.1% |
| Remuneration, social security and pensions | 62 | €46,536 | €41,947 | -€4,589 | -9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,425 | €18,369 | -€14,056 | -43.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€213,763 | - | +€213,763 | |
| Other operating charges | 640/8 | €223,525 | €55,259 | -€168,266 | -75.3% |
| Operating profit (loss) | 9901 | €4,484,080 | €2,784,597 | -€1.7m | -37.9% |
| Financial income | 75/76B | €95,928 | €261,855 | +€165,927 | +173.0% |
| Recurring financial income | 75 | €95,928 | €261,855 | +€165,927 | +173.0% |
| Other financial income | 752/9 | €95,928 | €261,855 | +€165,927 | +173.0% |
| Financial charges | 65/66B | €28,096 | €16,914 | -€11,181 | -39.8% |
| Recurring financial charges | 65 | €28,096 | €16,914 | -€11,181 | -39.8% |
| Debt charges | 650 | €1,559 | €1,159 | -€400 | -25.7% |
| Other financial charges | 652/9 | €26,537 | €15,756 | -€10,781 | -40.6% |
| Profit (loss) for the period before taxes | 9903 | €4,551,912 | €3,029,538 | -€1.5m | -33.4% |
| Income taxes | 67/77 | €95,660 | €134,078 | +€38,418 | +40.2% |
| Taxes | 670/3 | €95,660 | €134,220 | +€38,560 | +40.3% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | €141 | +€141 | +176662.5% |
| Profit (loss) for the period | 9904 | €4,456,252 | €2,895,460 | -€1.6m | -35.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,456,252 | €2,895,460 | -€1.6m | -35.0% |
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 6 October 2026 via checked.be.