DEVIMAS: 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.
DEVIMAS
Largest movements
- Tangible fixed assets +€121,529
up €121,529 (+8.4%), from €1.5m to €1.6m
of which Plant, machinery and equipment: +€239,767
- Cash -€49,054
down €49,054 (-32.9%), from €149,047 to €99,993
mainly Investment in fixed assets (net) (-€458,976) and Contributions, distributions and other (-€21,623)
- Profit (loss) carried forward +€43,725
up €43,725 (+11.6%), from €377,749 to €421,474
- Current portion of long-term debt +€25,164
up €25,164 (+12.3%), from €204,602 to €229,767
- Investment grants -€21,623
down €21,623 (-24.3%), from €88,816 to €67,192
- Tax, wage and social debts +€21,367
up €21,367 (+85.3%), from €25,057 to €46,424
of which Remuneration and social security: +€12,552
- Gross operating margin +€151,792
up €151,792 (+36.0%), from €421,739 to €573,530
- Depreciation +€55,315
up €55,315 (+19.6%), from €282,132 to €337,447
- Staff costs +€53,186
up €53,186 (+42.6%), from €124,886 to €178,072
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 | €1,782,651 | €1,858,648 | +€75,996 | +4.3% |
| Fixed assets | 21/28 | €1,453,985 | €1,575,514 | +€121,529 | +8.4% |
| Tangible fixed assets | 22/27 | €1,453,985 | €1,575,514 | +€121,529 | +8.4% |
| Land and buildings | 22 | €371,870 | €310,771 | -€61,099 | -16.4% |
| Plant, machinery and equipment | 23 | €763,499 | €1,003,266 | +€239,767 | +31.4% |
| Furniture and vehicles | 24 | €318,616 | €261,477 | -€57,139 | -17.9% |
| Current assets | 29/58 | €328,666 | €283,134 | -€45,532 | -13.9% |
| Stocks and contracts in progress | 3 | €4,579 | €6,322 | +€1,744 | +38.1% |
| Stocks | 30/36 | €4,579 | €6,322 | +€1,744 | +38.1% |
| Amounts receivable within one year | 40/41 | €175,040 | €176,818 | +€1,778 | +1.0% |
| Trade receivables | 40 | €174,823 | €169,795 | -€5,028 | -2.9% |
| Other amounts receivable | 41 | €217 | €7,023 | +€6,806 | +3131.7% |
| Cash at bank and in hand | 54/58 | €149,047 | €99,993 | -€49,054 | -32.9% |
| Total equity and liabilities | 10/49 | €1,782,651 | €1,858,648 | +€75,996 | +4.3% |
| Equity | 10/15 | €553,160 | €575,261 | +€22,101 | +4.0% |
| Contributions | 10/11 | €19,632 | €19,632 | = | 0.0% |
| Reserves | 13 | €66,963 | €66,963 | = | 0.0% |
| Distributable reserves | 133 | €66,963 | €66,963 | = | 0.0% |
| Profit (loss) carried forward | 14 | €377,749 | €421,474 | +€43,725 | +11.6% |
| Investment grants | 15 | €88,816 | €67,192 | -€21,623 | -24.3% |
| Amounts payable | 17/49 | €1,229,491 | €1,283,386 | +€53,895 | +4.4% |
| Amounts payable after more than one year | 17 | €994,617 | €985,493 | -€9,123 | -0.9% |
| Financial debts | 170/4 | €994,617 | €985,493 | -€9,123 | -0.9% |
| Amounts payable within one year | 42/48 | €234,875 | €297,893 | +€63,018 | +26.8% |
| Current portion of amounts payable after more than one year | 42 | €204,602 | €229,767 | +€25,164 | +12.3% |
| Trade debts | 44 | €4,283 | €20,639 | +€16,356 | +381.9% |
| Suppliers | 440/4 | €4,283 | €20,639 | +€16,356 | +381.9% |
| Taxes, remuneration and social security | 45 | €25,057 | €46,424 | +€21,367 | +85.3% |
| Taxes | 450/3 | €10,180 | €18,995 | +€8,815 | +86.6% |
| Remuneration and social security | 454/9 | €14,877 | €27,429 | +€12,552 | +84.4% |
| Other amounts payable | 47/48 | €932 | €1,064 | +€132 | +14.1% |
| Remuneration, social security and pensions | 62 | €124,886 | €178,072 | +€53,186 | +42.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €282,132 | €337,447 | +€55,315 | +19.6% |
| Other operating charges | 640/8 | €5,253 | €5,515 | +€263 | +5.0% |
| Gross operating margin | 9900 | €421,739 | €573,530 | +€151,792 | +36.0% |
| Operating profit (loss) | 9901 | €9,469 | €52,496 | +€43,027 | +454.4% |
| Financial income | 75/76B | €24,044 | €22,483 | -€1,561 | -6.5% |
| Recurring financial income | 75 | €24,044 | €22,483 | -€1,561 | -6.5% |
| Financial charges | 65/66B | €28,460 | €30,157 | +€1,697 | +6.0% |
| Recurring financial charges | 65 | €28,460 | €30,157 | +€1,697 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | €5,053 | €44,823 | +€39,770 | +787.0% |
| Income taxes | 67/77 | €1,240 | €1,098 | -€142 | -11.4% |
| Profit (loss) for the period | 9904 | €3,813 | €43,725 | +€39,911 | +1046.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,813 | €43,725 | +€39,911 | +1046.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.