DEVIDERMA: 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.
DEVIDERMA
Largest movements
- Cash -€159,201
down €159,201 (-87.6%), from €181,661 to €22,460
mainly Investment in fixed assets (net) (-€159,438) and Contributions, distributions and other (-€73,958)
- Tangible fixed assets +€149,938
up €149,938 (+757.3%), from €19,798 to €169,736
of which Land and buildings: +€106,259
- Receivables after one year +€53,448
new in 2025: €53,448
- Receivables within one year +€6,543
up €6,543 (+310.3%), from €2,109 to €8,652
- Deferred charges and accrued income +€3,947
up €3,947 (+1578.7%), from €250 to €4,197
- Debts after one year +€93,688
new in 2025: €93,688
- Reserves -€45,171
down €45,171 (-19.3%), from €233,485 to €188,315
- Current portion of long-term debt +€4,757
new in 2025: €4,757
- Gross operating margin -€29,447
down €29,447 (-38.0%), from €77,430 to €47,983
- Taxes -€7,114
down €7,114 (-37.8%), from €18,827 to €11,713
- Depreciation -€3,374
down €3,374 (-26.2%), from €12,874 to €9,500
- Financial income -€1,076
down €1,076 (-22.8%), from €4,721 to €3,645
of which Non-recurring financial income: -€1,600
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 | €253,818 | €308,493 | +€54,675 | +21.5% |
| Fixed assets | 21/28 | €19,798 | €169,736 | +€149,938 | +757.3% |
| Tangible fixed assets | 22/27 | €19,798 | €169,736 | +€149,938 | +757.3% |
| Land and buildings | 22 | €19,798 | €126,057 | +€106,259 | +536.7% |
| Plant, machinery and equipment | 23 | - | €1,677 | +€1,677 | |
| Furniture and vehicles | 24 | - | €42,002 | +€42,002 | |
| Current assets | 29/58 | €234,020 | €138,757 | -€95,263 | -40.7% |
| Amounts receivable after more than one year | 29 | - | €53,448 | +€53,448 | |
| Other amounts receivable | 291 | - | €53,448 | +€53,448 | |
| Amounts receivable within one year | 40/41 | €2,109 | €8,652 | +€6,543 | +310.3% |
| Other amounts receivable | 41 | €2,109 | €8,652 | +€6,543 | +310.3% |
| Current investments | 50/53 | €50,000 | €50,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €181,661 | €22,460 | -€159,201 | -87.6% |
| Deferred charges and accrued income | 490/1 | €250 | €4,197 | +€3,947 | +1578.7% |
| Total equity and liabilities | 10/49 | €253,818 | €308,493 | +€54,675 | +21.5% |
| Equity | 10/15 | €245,946 | €200,775 | -€45,171 | -18.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €233,485 | €188,315 | -€45,171 | -19.3% |
| Distributable reserves | 133 | €233,485 | €188,315 | -€45,171 | -19.3% |
| Profit (loss) carried forward | 14 | €61 | €61 | = | 0.0% |
| Amounts payable | 17/49 | €7,872 | €107,718 | +€99,846 | +1268.4% |
| Amounts payable after more than one year | 17 | - | €93,688 | +€93,688 | |
| Financial debts | 170/4 | - | €93,688 | +€93,688 | |
| Amounts payable within one year | 42/48 | €7,872 | €14,030 | +€6,158 | +78.2% |
| Current portion of amounts payable after more than one year | 42 | - | €4,757 | +€4,757 | |
| Trade debts | 44 | €3,960 | €1,945 | -€2,015 | -50.9% |
| Suppliers | 440/4 | €3,960 | €1,945 | -€2,015 | -50.9% |
| Taxes, remuneration and social security | 45 | €3,844 | €4,622 | +€778 | +20.2% |
| Taxes | 450/3 | - | €4,622 | +€4,622 | |
| Remuneration and social security | 454/9 | €3,844 | - | -€3,844 | |
| Other amounts payable | 47/48 | €68 | €2,706 | +€2,638 | +3890.2% |
| Non-recurring operating income | 76A | €1,203 | - | -€1,203 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,874 | €9,500 | -€3,374 | -26.2% |
| Other operating charges | 640/8 | €600 | €909 | +€310 | +51.7% |
| Gross operating margin | 9900 | €77,430 | €47,983 | -€29,447 | -38.0% |
| Operating profit (loss) | 9901 | €63,956 | €37,573 | -€26,382 | -41.3% |
| Financial income | 75/76B | €4,721 | €3,645 | -€1,076 | -22.8% |
| Recurring financial income | 75 | €3,121 | €3,645 | +€524 | +16.8% |
| Non-recurring financial income | 76B | €1,600 | - | -€1,600 | |
| Financial charges | 65/66B | €810 | €718 | -€93 | -11.4% |
| Recurring financial charges | 65 | €810 | €718 | -€93 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €67,866 | €40,501 | -€27,366 | -40.3% |
| Income taxes | 67/77 | €18,827 | €11,713 | -€7,114 | -37.8% |
| Profit (loss) for the period | 9904 | €49,039 | €28,788 | -€20,251 | -41.3% |
| Profit (loss) for the period to be appropriated | 9905 | €49,039 | €28,788 | -€20,251 | -41.3% |
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.