DEVER MANAGEMENT CY: 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.
What changed
DEVER MANAGEMENT CY
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€61,205
2024 · -€55,178-€6,027
Equity
€2.3m
2024 · €2.3m-€61,205
Cash
€42,395
2024 · €33,552+€8,843
Balance sheet total
€2.8m
2024 · €2.8m+€10,669
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Other debts +€86,658
up €86,658 (+159%), from €54,425 to €141,082
- Profit (loss) carried forward -€52,069
down €52,069 (-32.8%), from €158,668 to €106,599
Income statement
- Gross operating margin -€4,121
down €4,121 (-8.2%), from €50,476 to €46,354
- Depreciation +€1,347
up €1,347 (+1.6%), from €86,806 to €88,152
- Other operating charges +€710
up €710 (+4.7%), from €14,980 to €15,691
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.
Result 2024
-€55,178
Gross operating margin
-€4,121
Depreciation
-€1,347
Other operating charges
-€710
Financial income
+€61
Financial charges
+€127
Taxes
-€37
Result 2025
-€61,205
raises the resultlowers the result
Derived cash bridge
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.
From operations
+€116,262
Investment
-€89,136
Financing
-€18,283
Cash 2024
€33,552
From operations (derived)
+€116,262
Net result for the year
-€61,205
Depreciation
+€88,152
Receivables within one year
+€487
Deferred charges and accrued income
-€1,329
Provisions
-€3,046
Trade debts
+€6,554
Tax, wage and social debts
-€8
Other debts
+€86,658
Investment (derived)
-€89,136
Investment in fixed assets (net)
-€89,136
Financing
-€18,283
Debts after one year
-€18,587
Current portion of long-term debt
+€304
Cash 2025
€42,395
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,802,629 | €2,813,298 | +€10,669 | +0.4% |
| Fixed assets | 21/28 | €2,761,907 | €2,762,890 | +€983 | 0.0% |
| Tangible fixed assets | 22/27 | €2,761,907 | €2,762,890 | +€983 | 0.0% |
| Land and buildings | 22 | €2,370,714 | €2,402,686 | +€31,971 | +1.3% |
| Plant, machinery and equipment | 23 | €1,547 | €1,189 | -€358 | -23.2% |
| Furniture and vehicles | 24 | €52,044 | €39,246 | -€12,799 | -24.6% |
| Other tangible fixed assets | 26 | €337,601 | €319,770 | -€17,831 | -5.3% |
| Current assets | 29/58 | €40,722 | €50,407 | +€9,686 | +23.8% |
| Amounts receivable within one year | 40/41 | €5,589 | €5,102 | -€487 | -8.7% |
| Trade receivables | 40 | €2,544 | €5,102 | +€2,558 | +101% |
| Other amounts receivable | 41 | €3,045 | €0 | -€3,045 | -100% |
| Current investments | 50/53 | €1,034 | €1,034 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €33,552 | €42,395 | +€8,843 | +26.4% |
| Deferred charges and accrued income | 490/1 | €547 | €1,876 | +€1,329 | +243% |
| Total equity and liabilities | 10/49 | €2,802,629 | €2,813,298 | +€10,669 | +0.4% |
| Equity | 10/15 | €2,331,606 | €2,270,400 | -€61,205 | -2.6% |
| Contributions | 10/11 | €726,600 | €726,600 | = | 0.0% |
| Reserves | 13 | €1,446,338 | €1,437,201 | -€9,137 | -0.6% |
| Tax-exempt reserves | 132 | €253,478 | €244,341 | -€9,137 | -3.6% |
| Distributable reserves | 133 | €1,192,860 | €1,192,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €158,668 | €106,599 | -€52,069 | -32.8% |
| Provisions and deferred taxes | 16 | €84,493 | €81,447 | -€3,046 | -3.6% |
| Deferred taxes | 168 | €84,493 | €81,447 | -€3,046 | -3.6% |
| Amounts payable | 17/49 | €386,530 | €461,450 | +€74,920 | +19.4% |
| Amounts payable after more than one year | 17 | €306,221 | €287,634 | -€18,587 | -6.1% |
| Financial debts | 170/4 | €305,883 | €287,296 | -€18,587 | -6.1% |
| Other amounts payable | 178/9 | €338 | €338 | = | 0.0% |
| Amounts payable within one year | 42/48 | €75,478 | €168,985 | +€93,507 | +124% |
| Current portion of amounts payable after more than one year | 42 | €18,283 | €18,587 | +€304 | +1.7% |
| Trade debts | 44 | €2,580 | €9,134 | +€6,554 | +254% |
| Suppliers | 440/4 | €2,580 | €9,134 | +€6,554 | +254% |
| Taxes, remuneration and social security | 45 | €190 | €182 | -€8 | -4.2% |
| Taxes | 450/3 | €190 | €182 | -€8 | -4.2% |
| Other amounts payable | 47/48 | €54,425 | €141,082 | +€86,658 | +159% |
| Accrued charges and deferred income | 492/3 | €4,831 | €4,831 | = | 0.0% |
| Non-recurring operating income | 76A | €2,850 | €754 | -€2,096 | -73.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,806 | €88,152 | +€1,347 | +1.6% |
| Other operating charges | 640/8 | €14,980 | €15,691 | +€710 | +4.7% |
| Gross operating margin | 9900 | €50,476 | €46,354 | -€4,121 | -8.2% |
| Operating profit (loss) | 9901 | -€51,311 | -€57,489 | -€6,178 | -12.0% |
| Financial income | 75/76B | €87 | €148 | +€61 | +69.7% |
| Recurring financial income | 75 | €87 | €148 | +€61 | +69.7% |
| Financial charges | 65/66B | €6,785 | €6,657 | -€127 | -1.9% |
| Recurring financial charges | 65 | €6,785 | €6,657 | -€127 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | -€58,008 | -€63,998 | -€5,990 | -10.3% |
| Transfer from deferred taxes | 780 | €3,046 | €3,046 | = | 0.0% |
| Income taxes | 67/77 | €216 | €253 | +€37 | +17.1% |
| Profit (loss) for the period | 9904 | -€55,178 | -€61,205 | -€6,027 | -10.9% |
| Transfer from tax-exempt reserves | 789 | €9,137 | €9,137 | +€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€46,042 | -€52,069 | -€6,027 | -13.1% |
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 25 October 2026 via checked.be.