DeVa Invest: 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.
DeVa Invest
Largest movements
- Tangible fixed assets +€683,030
up €683,030, from €0 to €683,030
- Cash -€351,393
down €351,393 (-99.6%), from €352,920 to €1,527
mainly Investment in fixed assets (net) (-€700,000) and Other debts (-€130,940)
- Debts after one year +€469,564
up €469,564, from €0 to €469,564
- Other debts -€130,940
down €130,940 (-100.0%), from €130,940 to €0
- Current portion of long-term debt +€17,281
up €17,281, from €0 to €17,281
- Profit (loss) carried forward -€16,040
down €16,040 (-6.7%), from -€239,208 to -€255,247
- Gross operating margin -€603,572
down €603,572 (-99.4%), from €607,437 to €3,864
- Depreciation +€16,970
up €16,970, from €0 to €16,970
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 | €530,785 | €857,742 | +€326,957 | +61.6% |
| Fixed assets | 21/28 | €0 | €683,030 | +€683,030 | |
| Tangible fixed assets | 22/27 | €0 | €683,030 | +€683,030 | |
| Land and buildings | 22 | €0 | €683,030 | +€683,030 | |
| Current assets | 29/58 | €530,785 | €174,712 | -€356,073 | -67.1% |
| Amounts receivable within one year | 40/41 | €177,779 | €172,753 | -€5,026 | -2.8% |
| Trade receivables | 40 | €31,250 | €0 | -€31,250 | -100.0% |
| Other amounts receivable | 41 | €146,529 | €172,753 | +€26,224 | +17.9% |
| Cash at bank and in hand | 54/58 | €352,920 | €1,527 | -€351,393 | -99.6% |
| Deferred charges and accrued income | 490/1 | €86 | €432 | +€346 | +400.6% |
| Total equity and liabilities | 10/49 | €530,785 | €857,742 | +€326,957 | +61.6% |
| Equity | 10/15 | €241,615 | €217,733 | -€23,882 | -9.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €462,223 | €454,380 | -€7,843 | -1.7% |
| Tax-exempt reserves | 132 | €462,223 | €454,380 | -€7,843 | -1.7% |
| Profit (loss) carried forward | 14 | -€239,208 | -€255,247 | -€16,040 | -6.7% |
| Provisions and deferred taxes | 16 | €154,074 | €151,460 | -€2,614 | -1.7% |
| Deferred taxes | 168 | €154,074 | €151,460 | -€2,614 | -1.7% |
| Amounts payable | 17/49 | €135,096 | €488,549 | +€353,454 | +261.6% |
| Amounts payable after more than one year | 17 | €0 | €469,564 | +€469,564 | |
| Financial debts | 170/4 | €0 | €469,564 | +€469,564 | |
| Amounts payable within one year | 42/48 | €135,096 | €18,101 | -€116,995 | -86.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | €17,281 | +€17,281 | |
| Trade debts | 44 | €4,156 | €820 | -€3,336 | -80.3% |
| Suppliers | 440/4 | €4,156 | €820 | -€3,336 | -80.3% |
| Other amounts payable | 47/48 | €130,940 | €0 | -€130,940 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €885 | +€885 | |
| Non-recurring operating income | 76A | €616,297 | €0 | -€616,297 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €16,970 | +€16,970 | |
| Other operating charges | 640/8 | €1,883 | €2,036 | +€153 | +8.1% |
| Gross operating margin | 9900 | €607,437 | €3,864 | -€603,572 | -99.4% |
| Operating profit (loss) | 9901 | €605,554 | -€15,141 | -€620,695 | |
| Financial income | 75/76B | €5,227 | €2,292 | -€2,934 | -56.1% |
| Recurring financial income | 75 | €5,227 | €2,292 | -€2,934 | -56.1% |
| Financial charges | 65/66B | €12,905 | €13,648 | +€743 | +5.8% |
| Recurring financial charges | 65 | €12,905 | €13,648 | +€743 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €597,876 | -€26,496 | -€624,372 | |
| Transfer from deferred taxes | 780 | - | €2,614 | +€2,614 | |
| Transfer to deferred taxes | 680 | €154,074 | €0 | -€154,074 | -100.0% |
| Income taxes | 67/77 | €913 | €0 | -€913 | -100.0% |
| Profit (loss) for the period | 9904 | €442,889 | -€23,882 | -€466,771 | |
| Transfer from tax-exempt reserves | 789 | - | €7,843 | +€7,843 | |
| Transfer to tax-exempt reserves | 689 | €462,223 | €0 | -€462,223 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,334 | -€16,040 | +€3,295 | +17.0% |
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 30 September 2026 via checked.be.