Devilo: 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.
Devilo
Largest movements
- Financial fixed assets -€273,333
down €273,333 (-11.3%), from €2.4m to €2.1m
- Current investments +€250,953
up €250,953 (+12.4%), from €2.0m to €2.3m
- Cash +€126,786
up €126,786 (+83.1%), from €152,621 to €279,407
mainly Investment in fixed assets (net) (+€266,872) and Net result for the year (+€181,964)
- Reserves +€94,034
up €94,034 (+6.5%), from €1.5m to €1.5m
- Gross operating margin +€160,267
up €160,267 (+123.9%), from €129,310 to €289,577
- Financial charges +€62,055
up €62,055 (+72.8%), from €85,236 to €147,291
of which Non-recurring financial charges: +€58,918
- Taxes +€34,830
up €34,830 (+60.6%), from €57,443 to €92,273
- Other operating charges +€33,611
up €33,611 (+256.2%), from €13,120 to €46,731
- Financial income +€14,494
up €14,494 (+6.4%), from €224,735 to €239,230
of which Non-recurring financial income: +€20,482
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,717,992 | €4,825,875 | +€107,883 | +2.3% |
| Fixed assets | 21/28 | €2,438,766 | €2,163,161 | -€275,605 | -11.3% |
| Tangible fixed assets | 22/27 | €26,743 | €24,471 | -€2,272 | -8.5% |
| Plant, machinery and equipment | 23 | €21,774 | €17,901 | -€3,873 | -17.8% |
| Furniture and vehicles | 24 | €4,969 | €6,570 | +€1,601 | +32.2% |
| Financial fixed assets | 28 | €2,412,023 | €2,138,690 | -€273,333 | -11.3% |
| Current assets | 29/58 | €2,279,226 | €2,662,714 | +€383,488 | +16.8% |
| Amounts receivable within one year | 40/41 | €102,603 | €71,023 | -€31,580 | -30.8% |
| Trade receivables | 40 | €94,270 | €25,025 | -€69,245 | -73.5% |
| Other amounts receivable | 41 | €8,333 | €45,998 | +€37,665 | +452.0% |
| Current investments | 50/53 | €2,017,062 | €2,268,015 | +€250,953 | +12.4% |
| Cash at bank and in hand | 54/58 | €152,621 | €279,407 | +€126,786 | +83.1% |
| Deferred charges and accrued income | 490/1 | €6,940 | €44,268 | +€37,328 | +537.9% |
| Total equity and liabilities | 10/49 | €4,717,992 | €4,825,875 | +€107,883 | +2.3% |
| Equity | 10/15 | €1,525,217 | €1,619,251 | +€94,034 | +6.2% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €1,455,217 | €1,549,251 | +€94,034 | +6.5% |
| Distributable reserves | 133 | €1,455,217 | €1,549,251 | +€94,034 | +6.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €3,192,775 | €3,206,624 | +€13,848 | +0.4% |
| Amounts payable after more than one year | 17 | €2,225,000 | €2,225,000 | = | 0.0% |
| Financial debts | 170/4 | €2,225,000 | €2,225,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €937,681 | €951,530 | +€13,850 | +1.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €467 | €1,756 | +€1,289 | +275.7% |
| Suppliers | 440/4 | €467 | €1,756 | +€1,289 | +275.7% |
| Taxes, remuneration and social security | 45 | €34,730 | €26,723 | -€8,006 | -23.1% |
| Taxes | 450/3 | €27,964 | €19,873 | -€8,090 | -28.9% |
| Remuneration and social security | 454/9 | €6,766 | €6,850 | +€84 | +1.2% |
| Other amounts payable | 47/48 | €902,483 | €923,051 | +€20,567 | +2.3% |
| Accrued charges and deferred income | 492/3 | €30,095 | €30,094 | -€1 | 0.0% |
| Non-recurring operating income | 76A | €0 | €1,666 | +€1,666 | |
| Remuneration, social security and pensions | 62 | €49,080 | €51,814 | +€2,734 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,428 | €8,733 | -€9,695 | -52.6% |
| Other operating charges | 640/8 | €13,120 | €46,731 | +€33,611 | +256.2% |
| Gross operating margin | 9900 | €129,310 | €289,577 | +€160,267 | +123.9% |
| Operating profit (loss) | 9901 | €48,682 | €182,299 | +€133,616 | +274.5% |
| Financial income | 75/76B | €224,735 | €239,230 | +€14,494 | +6.4% |
| Recurring financial income | 75 | €113,627 | €107,639 | -€5,988 | -5.3% |
| Non-recurring financial income | 76B | €111,108 | €131,590 | +€20,482 | +18.4% |
| Financial charges | 65/66B | €85,236 | €147,291 | +€62,055 | +72.8% |
| Recurring financial charges | 65 | €60,379 | €63,516 | +€3,137 | +5.2% |
| Non-recurring financial charges | 66B | €24,857 | €83,775 | +€58,918 | +237.0% |
| Profit (loss) for the period before taxes | 9903 | €188,181 | €274,237 | +€86,056 | +45.7% |
| Income taxes | 67/77 | €57,443 | €92,273 | +€34,830 | +60.6% |
| Profit (loss) for the period | 9904 | €130,738 | €181,964 | +€51,226 | +39.2% |
| Profit (loss) for the period to be appropriated | 9905 | €130,738 | €181,964 | +€51,226 | +39.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.