DEVATOR 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.
DEVATOR INVEST
Largest movements
- Tangible fixed assets -€51,123
down €51,123 (-7.2%), from €713,093 to €661,970
of which Furniture and vehicles: -€30,329
- Cash +€29,232
up €29,232 (+31.9%), from €91,769 to €121,001
mainly Depreciation (+€51,123) and Net result for the year (+€50,698)
- Receivables within one year +€12,961
up €12,961 (+177.8%), from €7,289 to €20,250
of which Other amounts receivable: +€12,961
- Reserves +€50,000
up €50,000 (+11.7%), from €427,274 to €477,274
of which Distributable reserves: +€50,000
- Debts after one year -€28,960
down €28,960 (-13.8%), from €210,502 to €181,542
- Current portion of long-term debt -€27,094
down €27,094 (-48.3%), from €56,054 to €28,960
- Financial charges -€1,417
down €1,417 (-14.2%), from €9,982 to €8,565
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 | €812,151 | €803,221 | -€8,930 | -1.1% |
| Fixed assets | 21/28 | €713,093 | €661,970 | -€51,123 | -7.2% |
| Tangible fixed assets | 22/27 | €713,093 | €661,970 | -€51,123 | -7.2% |
| Land and buildings | 22 | €633,915 | €613,121 | -€20,794 | -3.3% |
| Furniture and vehicles | 24 | €79,178 | €48,849 | -€30,329 | -38.3% |
| Current assets | 29/58 | €99,058 | €141,251 | +€42,193 | +42.6% |
| Amounts receivable within one year | 40/41 | €7,289 | €20,250 | +€12,961 | +177.8% |
| Trade receivables | 40 | €5,250 | €5,250 | = | 0.0% |
| Other amounts receivable | 41 | €2,039 | €15,000 | +€12,961 | +635.6% |
| Cash at bank and in hand | 54/58 | €91,769 | €121,001 | +€29,232 | +31.9% |
| Total equity and liabilities | 10/49 | €812,151 | €803,221 | -€8,930 | -1.1% |
| Equity | 10/15 | €440,265 | €490,963 | +€50,698 | +11.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €427,274 | €477,274 | +€50,000 | +11.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €425,414 | €475,414 | +€50,000 | +11.8% |
| Profit (loss) carried forward | 14 | €590 | €1,289 | +€698 | +118.2% |
| Amounts payable | 17/49 | €371,886 | €312,258 | -€59,628 | -16.0% |
| Amounts payable after more than one year | 17 | €210,502 | €181,542 | -€28,960 | -13.8% |
| Financial debts | 170/4 | €210,502 | €181,542 | -€28,960 | -13.8% |
| Amounts payable within one year | 42/48 | €155,804 | €125,829 | -€29,975 | -19.2% |
| Current portion of amounts payable after more than one year | 42 | €56,054 | €28,960 | -€27,094 | -48.3% |
| Trade debts | 44 | €1,609 | €2,129 | +€520 | +32.3% |
| Suppliers | 440/4 | €1,609 | €2,129 | +€520 | +32.3% |
| Taxes, remuneration and social security | 45 | €27,246 | €27,595 | +€350 | +1.3% |
| Taxes | 450/3 | €27,246 | €27,595 | +€350 | +1.3% |
| Other amounts payable | 47/48 | €70,895 | €67,145 | -€3,750 | -5.3% |
| Accrued charges and deferred income | 492/3 | €5,580 | €4,887 | -€694 | -12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,083 | €51,123 | +€39 | +0.1% |
| Other operating charges | 640/8 | €5,642 | €5,922 | +€280 | +5.0% |
| Gross operating margin | 9900 | €130,479 | €131,596 | +€1,117 | +0.9% |
| Operating profit (loss) | 9901 | €73,754 | €74,551 | +€798 | +1.1% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €9,982 | €8,565 | -€1,417 | -14.2% |
| Recurring financial charges | 65 | €9,982 | €8,565 | -€1,417 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €63,772 | €65,986 | +€2,214 | +3.5% |
| Income taxes | 67/77 | €14,691 | €15,288 | +€598 | +4.1% |
| Profit (loss) for the period | 9904 | €49,082 | €50,698 | +€1,617 | +3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €49,082 | €50,698 | +€1,617 | +3.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.