DEVABEL CONSTRUCT: 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.
DEVABEL CONSTRUCT
Largest movements
- Tangible fixed assets -€24,750
down €24,750 (-13.0%), from €189,731 to €164,981
- Cash +€13,809
up €13,809 (+549.8%), from €2,512 to €16,321
mainly Depreciation (+€26,817) and Receivables within one year (+€10,651)
- Receivables within one year -€10,651
down €10,651 (-53.0%), from €20,096 to €9,446
of which Trade receivables: -€10,341
- Profit (loss) carried forward +€36,485
up €36,485 (+42.7%), from -€85,381 to -€48,896
- Reserves -€29,409
down €29,409 (-84.5%), from €34,824 to €5,415
of which Distributable reserves: -€29,409
- Debts after one year -€15,656
down €15,656 (-12.7%), from €122,891 to €107,235
- Trade debts -€9,772
down €9,772 (-51.0%), from €19,145 to €9,374
- Gross operating margin +€57,938
up €57,938 (+604.9%), from €9,578 to €67,516
- Staff costs +€25,834
new in 2025: €25,834
- Depreciation -€3,202
down €3,202 (-10.7%), from €30,019 to €26,817
- Other operating charges +€998
up €998 (+42.7%), from €2,339 to €3,337
- Financial charges +€780
up €780 (+21.0%), from €3,722 to €4,502
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 | €229,292 | €207,172 | -€22,120 | -9.6% |
| Fixed assets | 21/28 | €189,781 | €164,981 | -€24,800 | -13.1% |
| Intangible fixed assets | 21 | €50 | - | -€50 | |
| Tangible fixed assets | 22/27 | €189,731 | €164,981 | -€24,750 | -13.0% |
| Land and buildings | 22 | €122,863 | €117,256 | -€5,607 | -4.6% |
| Plant, machinery and equipment | 23 | €26,595 | €22,264 | -€4,332 | -16.3% |
| Furniture and vehicles | 24 | €6,965 | €1,460 | -€5,505 | -79.0% |
| Leasing and similar rights | 25 | €33,307 | €24,001 | -€9,306 | -27.9% |
| Current assets | 29/58 | €39,511 | €42,191 | +€2,679 | +6.8% |
| Stocks and contracts in progress | 3 | €12,062 | €10,654 | -€1,409 | -11.7% |
| Stocks | 30/36 | €12,062 | €10,654 | -€1,409 | -11.7% |
| Amounts receivable within one year | 40/41 | €20,096 | €9,446 | -€10,651 | -53.0% |
| Trade receivables | 40 | €15,768 | €5,427 | -€10,341 | -65.6% |
| Other amounts receivable | 41 | €4,328 | €4,019 | -€309 | -7.1% |
| Cash at bank and in hand | 54/58 | €2,512 | €16,321 | +€13,809 | +549.8% |
| Deferred charges and accrued income | 490/1 | €4,841 | €5,770 | +€929 | +19.2% |
| Total equity and liabilities | 10/49 | €229,292 | €207,172 | -€22,120 | -9.6% |
| Equity | 10/15 | -€31,957 | -€24,881 | +€7,076 | +22.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €34,824 | €5,415 | -€29,409 | -84.5% |
| Tax-exempt reserves | 132 | €5,415 | €5,415 | = | 0.0% |
| Distributable reserves | 133 | €29,409 | - | -€29,409 | |
| Profit (loss) carried forward | 14 | -€85,381 | -€48,896 | +€36,485 | +42.7% |
| Amounts payable | 17/49 | €261,250 | €232,053 | -€29,196 | -11.2% |
| Amounts payable after more than one year | 17 | €122,891 | €107,235 | -€15,656 | -12.7% |
| Financial debts | 170/4 | €122,891 | €107,235 | -€15,656 | -12.7% |
| Amounts payable within one year | 42/48 | €135,937 | €124,246 | -€11,691 | -8.6% |
| Current portion of amounts payable after more than one year | 42 | €16,481 | €15,930 | -€551 | -3.3% |
| Trade debts | 44 | €19,145 | €9,374 | -€9,772 | -51.0% |
| Suppliers | 440/4 | €19,145 | €9,374 | -€9,772 | -51.0% |
| Taxes, remuneration and social security | 45 | €2,100 | €2,100 | = | 0.0% |
| Taxes | 450/3 | €2,100 | €2,100 | = | 0.0% |
| Other amounts payable | 47/48 | €98,210 | €96,842 | -€1,369 | -1.4% |
| Accrued charges and deferred income | 492/3 | €2,421 | €572 | -€1,849 | -76.4% |
| Remuneration, social security and pensions | 62 | - | €25,834 | +€25,834 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,019 | €26,817 | -€3,202 | -10.7% |
| Other operating charges | 640/8 | €2,339 | €3,337 | +€998 | +42.7% |
| Non-recurring operating charges | 66A | - | €5 | +€5 | |
| Gross operating margin | 9900 | €9,578 | €67,516 | +€57,938 | +604.9% |
| Operating profit (loss) | 9901 | -€22,780 | €11,522 | +€34,302 | |
| Financial income | 75/76B | - | €56 | +€56 | |
| Recurring financial income | 75 | - | €56 | +€56 | |
| Financial charges | 65/66B | €3,722 | €4,502 | +€780 | +21.0% |
| Recurring financial charges | 65 | €3,722 | €4,502 | +€780 | +21.0% |
| Profit (loss) for the period before taxes | 9903 | -€26,502 | €7,076 | +€33,578 | |
| Profit (loss) for the period | 9904 | -€26,502 | €7,076 | +€33,578 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,502 | €7,076 | +€33,578 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.