DEVA: 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.
DEVA
Largest movements
- Deferred charges and accrued income -€565,068
down €565,068 (-100.0%), from €565,118 to €50
- Receivables within one year +€320,759
up €320,759 (+1489.1%), from €21,540 to €342,299
of which Other amounts receivable: +€294,139
- Cash +€149,743
up €149,743 (+413.1%), from €36,246 to €185,989
mainly Deferred charges and accrued income (+€565,068) and Depreciation (+€31,938)
- Tangible fixed assets +€103,799
up €103,799 (+29.8%), from €347,949 to €451,748
of which Land and buildings: +€88,052
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€508,826
down €508,826 (-91.0%), from €558,987 to €50,161
- Depreciation +€12,080
up €12,080 (+60.8%), from €19,859 to €31,938
- Taxes -€11,713
down €11,713 (-55.9%), from €20,949 to €9,236
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 | €970,854 | €980,086 | +€9,232 | +1.0% |
| Fixed assets | 21/28 | €347,949 | €451,748 | +€103,799 | +29.8% |
| Tangible fixed assets | 22/27 | €347,949 | €451,748 | +€103,799 | +29.8% |
| Land and buildings | 22 | €337,760 | €425,813 | +€88,052 | +26.1% |
| Plant, machinery and equipment | 23 | €488 | €2,931 | +€2,443 | +500.1% |
| Furniture and vehicles | 24 | €9,701 | €23,004 | +€13,304 | +137.1% |
| Current assets | 29/58 | €622,904 | €528,338 | -€94,566 | -15.2% |
| Amounts receivable within one year | 40/41 | €21,540 | €342,299 | +€320,759 | +1489.1% |
| Trade receivables | 40 | €19,796 | €46,416 | +€26,621 | +134.5% |
| Other amounts receivable | 41 | €1,744 | €295,883 | +€294,139 | +16863.8% |
| Cash at bank and in hand | 54/58 | €36,246 | €185,989 | +€149,743 | +413.1% |
| Deferred charges and accrued income | 490/1 | €565,118 | €50 | -€565,068 | -100.0% |
| Total equity and liabilities | 10/49 | €970,854 | €980,086 | +€9,232 | +1.0% |
| Equity | 10/15 | €657,346 | €665,956 | +€8,610 | +1.3% |
| Contributions | 10/11 | €167,332 | €167,332 | = | 0.0% |
| Reserves | 13 | €490,014 | €498,624 | +€8,610 | +1.8% |
| Non-distributable reserves | 130/1 | €16,733 | €16,733 | = | 0.0% |
| Reserves not available under the articles | 1311 | €16,733 | €16,733 | = | 0.0% |
| Tax-exempt reserves | 132 | €337,664 | €327,876 | -€9,787 | -2.9% |
| Distributable reserves | 133 | €135,617 | €154,014 | +€18,397 | +13.6% |
| Provisions and deferred taxes | 16 | €110,846 | €107,583 | -€3,262 | -2.9% |
| Deferred taxes | 168 | €110,846 | €107,583 | -€3,262 | -2.9% |
| Amounts payable | 17/49 | €202,662 | €206,547 | +€3,885 | +1.9% |
| Amounts payable after more than one year | 17 | €9,483 | €9,483 | = | 0.0% |
| Other amounts payable | 178/9 | €9,483 | €9,483 | = | 0.0% |
| Amounts payable within one year | 42/48 | €193,179 | €197,064 | +€3,885 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €1,728 | - | -€1,728 | |
| Financial debts | 43 | €35,000 | €35,000 | = | 0.0% |
| Credit institutions | 430/8 | €35,000 | €35,000 | = | 0.0% |
| Trade debts | 44 | €15,674 | €19,480 | +€3,806 | +24.3% |
| Suppliers | 440/4 | €15,674 | €19,480 | +€3,806 | +24.3% |
| Taxes, remuneration and social security | 45 | €22,949 | €30,184 | +€7,236 | +31.5% |
| Taxes | 450/3 | €20,949 | €30,184 | +€9,236 | +44.1% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €117,828 | €112,400 | -€5,428 | -4.6% |
| Non-recurring operating income | 76A | €505,109 | €13,329 | -€491,780 | -97.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,859 | €31,938 | +€12,080 | +60.8% |
| Other operating charges | 640/8 | €3,939 | €3,677 | -€261 | -6.6% |
| Gross operating margin | 9900 | €558,987 | €50,161 | -€508,826 | -91.0% |
| Operating profit (loss) | 9901 | €535,189 | €14,545 | -€520,644 | -97.3% |
| Financial income | 75/76B | €6 | €232 | +€226 | +3531.4% |
| Recurring financial income | 75 | €6 | €232 | +€226 | +3531.4% |
| Financial charges | 65/66B | €193 | €195 | +€1 | +0.6% |
| Recurring financial charges | 65 | €193 | €195 | +€1 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €535,002 | €14,583 | -€520,419 | -97.3% |
| Transfer from deferred taxes | 780 | €868 | €3,262 | +€2,394 | +275.7% |
| Transfer to deferred taxes | 680 | €108,360 | - | -€108,360 | |
| Income taxes | 67/77 | €20,949 | €9,236 | -€11,713 | -55.9% |
| Profit (loss) for the period | 9904 | €406,563 | €8,610 | -€397,953 | -97.9% |
| Transfer from tax-exempt reserves | 789 | €2,100 | €9,787 | +€7,688 | +366.1% |
| Transfer to tax-exempt reserves | 689 | €325,079 | - | -€325,079 | |
| Profit (loss) for the period to be appropriated | 9905 | €83,583 | €18,397 | -€65,186 | -78.0% |
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.