DEVER-HIELE: what changed
DEVER-HIELE
Largest movements
- Cash +€66,119
up €66,119 (+18.6%), from €354,992 to €421,111
mainly Net result for the year (+€137,225) and Receivables within one year (+€37,519)
- Receivables within one year -€37,519
down €37,519 (-65.6%), from €57,194 to €19,675
of which Other amounts receivable: -€31,873
- Tangible fixed assets -€33,914
down €33,914 (-65.6%), from €51,667 to €17,753
- Current investments +€30,000
up €30,000 (+17.4%), from €172,500 to €202,500
- Stocks and contracts -€29,938
down €29,938 (-20.0%), from €149,938 to €120,000
of which Contracts in progress: -€34,938
- Reserves +€137,225
up €137,225 (+25.7%), from €533,071 to €670,296
of which Distributable reserves: +€137,225
- Other debts -€120,151
down €120,151 (-73.7%), from €162,938 to €42,787
- Trade debts -€31,816
down €31,816 (-86.0%), from €37,008 to €5,192
- Tax, wage and social debts +€28,629
up €28,629 (+3,535%), from €810 to €29,439
of which Taxes: +€26,930
- Current portion of long-term debt -€11,274
down €11,274 (-56.3%), from €20,024 to €8,750
- Staff costs -€59,392
down €59,392 (-26.7%), from €222,415 to €163,023
- Taxes +€32,288
up €32,288 (+106%), from €30,543 to €62,831
- Gross operating margin +€23,971
up €23,971 (+6.5%), from €368,315 to €392,286
- Depreciation -€16,853
down €16,853 (-50.2%), from €33,570 to €16,717
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €793,464 | €787,327 | -€6,137 | -0.8% |
| Fixed assets | 21/28 | €51,667 | €17,753 | -€33,914 | -65.6% |
| Tangible fixed assets | 22/27 | €51,667 | €17,753 | -€33,914 | -65.6% |
| Land and buildings | 22 | €22,882 | €13,015 | -€9,867 | -43.1% |
| Plant, machinery and equipment | 23 | €10,115 | €2,853 | -€7,262 | -71.8% |
| Furniture and vehicles | 24 | €5,576 | €1,588 | -€3,988 | -71.5% |
| Leasing and similar rights | 25 | €12,498 | - | -€12,498 | |
| Other tangible fixed assets | 26 | €595 | €298 | -€298 | -50.0% |
| Current assets | 29/58 | €741,797 | €769,574 | +€27,777 | +3.7% |
| Stocks and contracts in progress | 3 | €149,938 | €120,000 | -€29,938 | -20.0% |
| Stocks | 30/36 | €115,000 | €120,000 | +€5,000 | +4.3% |
| Contracts in progress | 37 | €34,938 | - | -€34,938 | |
| Amounts receivable within one year | 40/41 | €57,194 | €19,675 | -€37,519 | -65.6% |
| Trade receivables | 40 | €25,321 | €19,675 | -€5,646 | -22.3% |
| Other amounts receivable | 41 | €31,873 | - | -€31,873 | |
| Current investments | 50/53 | €172,500 | €202,500 | +€30,000 | +17.4% |
| Cash at bank and in hand | 54/58 | €354,992 | €421,111 | +€66,119 | +18.6% |
| Deferred charges and accrued income | 490/1 | €7,173 | €6,288 | -€885 | -12.3% |
| Total equity and liabilities | 10/49 | €793,464 | €787,327 | -€6,137 | -0.8% |
| Equity | 10/15 | €563,934 | €701,158 | +€137,225 | +24.3% |
| Contributions | 10/11 | €30,863 | €30,863 | = | 0.0% |
| Reserves | 13 | €533,071 | €670,296 | +€137,225 | +25.7% |
| Non-distributable reserves | 130/1 | €3,086 | €3,086 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,086 | €3,086 | = | 0.0% |
| Distributable reserves | 133 | €529,985 | €667,209 | +€137,225 | +25.9% |
| Amounts payable | 17/49 | €229,530 | €86,168 | -€143,362 | -62.5% |
| Amounts payable after more than one year | 17 | €8,750 | - | -€8,750 | |
| Financial debts | 170/4 | €8,750 | - | -€8,750 | |
| Amounts payable within one year | 42/48 | €220,780 | €86,168 | -€134,612 | -61.0% |
| Current portion of amounts payable after more than one year | 42 | €20,024 | €8,750 | -€11,274 | -56.3% |
| Trade debts | 44 | €37,008 | €5,192 | -€31,816 | -86.0% |
| Suppliers | 440/4 | €37,008 | €5,192 | -€31,816 | -86.0% |
| Taxes, remuneration and social security | 45 | €810 | €29,439 | +€28,629 | +3,535% |
| Taxes | 450/3 | €810 | €27,740 | +€26,930 | +3,325% |
| Remuneration and social security | 454/9 | - | €1,699 | +€1,699 | |
| Other amounts payable | 47/48 | €162,938 | €42,787 | -€120,151 | -73.7% |
| Remuneration, social security and pensions | 62 | €222,415 | €163,023 | -€59,392 | -26.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,570 | €16,717 | -€16,853 | -50.2% |
| Other operating charges | 640/8 | €4,266 | €3,670 | -€597 | -14.0% |
| Non-recurring operating charges | 66A | €459 | €4,698 | +€4,239 | +924% |
| Gross operating margin | 9900 | €368,315 | €392,286 | +€23,971 | +6.5% |
| Operating profit (loss) | 9901 | €107,605 | €204,178 | +€96,573 | +89.7% |
| Financial income | 75/76B | €558 | €151 | -€407 | -72.9% |
| Recurring financial income | 75 | €558 | €151 | -€407 | -72.9% |
| Financial charges | 65/66B | €3,373 | €4,273 | +€900 | +26.7% |
| Recurring financial charges | 65 | €3,373 | €4,273 | +€900 | +26.7% |
| Profit (loss) for the period before taxes | 9903 | €104,790 | €200,056 | +€95,266 | +90.9% |
| Income taxes | 67/77 | €30,543 | €62,831 | +€32,288 | +106% |
| Profit (loss) for the period | 9904 | €74,247 | €137,225 | +€62,978 | +84.8% |
| Profit (loss) for the period to be appropriated | 9905 | €74,247 | €137,225 | +€62,978 | +84.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.