DEVILINVEST: 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.
DEVILINVEST
Largest movements
- Stocks and contracts +€79,368
up €79,368 (+41.0%), from €193,483 to €272,851
- Tangible fixed assets -€36,203
down €36,203 (-7.0%), from €520,533 to €484,330
of which Land and buildings: -€31,345
- Debts after one year +€35,893
up €35,893 (+9.6%), from €372,939 to €408,831
of which Other amounts payable: +€69,000
- Other debts +€19,420
up €19,420 (+117.8%), from €16,486 to €35,905
- Other operating charges +€7,065
up €7,065 (+133.3%), from €5,299 to €12,363
- Gross operating margin +€6,984
up €6,984 (+11.1%), from €62,898 to €69,882
- Financial charges +€3,274
up €3,274 (+13.7%), from €23,838 to €27,113
- Depreciation -€1,244
down €1,244 (-3.3%), from €37,447 to €36,203
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 | €740,907 | €791,373 | +€50,466 | +6.8% |
| Fixed assets | 21/28 | €520,533 | €484,330 | -€36,203 | -7.0% |
| Tangible fixed assets | 22/27 | €520,533 | €484,330 | -€36,203 | -7.0% |
| Land and buildings | 22 | €484,839 | €453,495 | -€31,345 | -6.5% |
| Plant, machinery and equipment | 23 | €33,546 | €29,903 | -€3,643 | -10.9% |
| Furniture and vehicles | 24 | €2,147 | €931 | -€1,216 | -56.6% |
| Current assets | 29/58 | €220,374 | €307,043 | +€86,669 | +39.3% |
| Stocks and contracts in progress | 3 | €193,483 | €272,851 | +€79,368 | +41.0% |
| Stocks | 30/36 | €193,483 | €272,851 | +€79,368 | +41.0% |
| Amounts receivable within one year | 40/41 | €4,449 | €5,949 | +€1,500 | +33.7% |
| Trade receivables | 40 | €1,000 | - | -€1,000 | |
| Other amounts receivable | 41 | €3,449 | €5,949 | +€2,500 | +72.5% |
| Cash at bank and in hand | 54/58 | €3,418 | €9,058 | +€5,639 | +165.0% |
| Deferred charges and accrued income | 490/1 | €19,024 | €19,185 | +€162 | +0.8% |
| Total equity and liabilities | 10/49 | €740,907 | €791,373 | +€50,466 | +6.8% |
| Equity | 10/15 | €293,433 | €287,636 | -€5,797 | -2.0% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €119,917 | €119,917 | = | 0.0% |
| Distributable reserves | 133 | €119,917 | €119,917 | = | 0.0% |
| Profit (loss) carried forward | 14 | €125,644 | €120,973 | -€4,671 | -3.7% |
| Investment grants | 15 | €16,885 | €15,760 | -€1,126 | -6.7% |
| Amounts payable | 17/49 | €447,474 | €503,737 | +€56,262 | +12.6% |
| Amounts payable after more than one year | 17 | €372,939 | €408,831 | +€35,893 | +9.6% |
| Financial debts | 170/4 | €33,107 | - | -€33,107 | |
| Other amounts payable | 178/9 | €339,831 | €408,831 | +€69,000 | +20.3% |
| Amounts payable within one year | 42/48 | €73,771 | €94,277 | +€20,506 | +27.8% |
| Current portion of amounts payable after more than one year | 42 | €40,822 | €37,288 | -€3,534 | -8.7% |
| Trade debts | 44 | €12,449 | €14,268 | +€1,818 | +14.6% |
| Suppliers | 440/4 | €12,449 | €14,268 | +€1,818 | +14.6% |
| Taxes, remuneration and social security | 45 | €4,014 | €6,817 | +€2,802 | +69.8% |
| Taxes | 450/3 | €4,014 | €6,817 | +€2,802 | +69.8% |
| Other amounts payable | 47/48 | €16,486 | €35,905 | +€19,420 | +117.8% |
| Accrued charges and deferred income | 492/3 | €765 | €628 | -€137 | -17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,447 | €36,203 | -€1,244 | -3.3% |
| Other operating charges | 640/8 | €5,299 | €12,363 | +€7,065 | +133.3% |
| Gross operating margin | 9900 | €62,898 | €69,882 | +€6,984 | +11.1% |
| Operating profit (loss) | 9901 | €20,153 | €21,316 | +€1,163 | +5.8% |
| Financial income | 75/76B | €1,185 | €1,126 | -€59 | -5.0% |
| Recurring financial income | 75 | €1,185 | €1,126 | -€59 | -5.0% |
| Financial charges | 65/66B | €23,838 | €27,113 | +€3,274 | +13.7% |
| Recurring financial charges | 65 | €23,838 | €27,113 | +€3,274 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,501 | -€4,671 | -€2,170 | -86.8% |
| Profit (loss) for the period | 9904 | -€2,501 | -€4,671 | -€2,170 | -86.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,501 | -€4,671 | -€2,170 | -86.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.