DEVIS INTERIOR PROJECTS: 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.
DEVIS INTERIOR PROJECTS
Largest movements
- Stocks and contracts -€167,156
down €167,156 (-67.4%), from €247,993 to €80,837
of which Contracts in progress: -€168,608
- Cash -€60,988
down €60,988 (-17.9%), from €340,955 to €279,967
mainly Advances received (-€175,806) and Current portion of long-term debt (-€41,643)
- Tangible fixed assets -€31,732
down €31,732 (-16.4%), from €194,026 to €162,294
of which Land and buildings: -€33,295
- Advances received -€175,806
down €175,806 (-91.9%), from €191,329 to €15,523
- Current portion of long-term debt -€41,643
no longer reported in 2024 (was €41,643)
- Provisions -€40,000
down €40,000 (-49.9%), from €80,124 to €40,124
- Gross operating margin -€54,127
down €54,127 (-32.3%), from €167,600 to €113,473
- Taxes -€11,574
down €11,574 (-87.7%), from €13,193 to €1,619
- Write-downs +€10,554
no longer reported in 2024 (was -€10,554)
- Financial income -€3,515
down €3,515 (-43.7%), from €8,052 to €4,537
- Staff costs -€3,211
down €3,211 (-4.8%), from €67,272 to €64,061
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €894,136 | €628,597 | -€265,539 | -29.7% |
| Fixed assets | 21/28 | €194,524 | €162,792 | -€31,732 | -16.3% |
| Tangible fixed assets | 22/27 | €194,026 | €162,294 | -€31,732 | -16.4% |
| Land and buildings | 22 | €183,284 | €149,989 | -€33,295 | -18.2% |
| Plant, machinery and equipment | 23 | €9,160 | €11,143 | +€1,983 | +21.6% |
| Furniture and vehicles | 24 | €1,582 | €1,162 | -€420 | -26.5% |
| Financial fixed assets | 28 | €498 | €498 | = | 0.0% |
| Current assets | 29/58 | €699,612 | €465,805 | -€233,807 | -33.4% |
| Stocks and contracts in progress | 3 | €247,993 | €80,837 | -€167,156 | -67.4% |
| Stocks | 30/36 | €67,517 | €68,969 | +€1,452 | +2.2% |
| Contracts in progress | 37 | €180,476 | €11,868 | -€168,608 | -93.4% |
| Amounts receivable within one year | 40/41 | €101,883 | €104,442 | +€2,559 | +2.5% |
| Trade receivables | 40 | €92,925 | €103,221 | +€10,296 | +11.1% |
| Other amounts receivable | 41 | €8,958 | €1,221 | -€7,737 | -86.4% |
| Cash at bank and in hand | 54/58 | €340,955 | €279,967 | -€60,988 | -17.9% |
| Deferred charges and accrued income | 490/1 | €8,781 | €559 | -€8,222 | -93.6% |
| Total equity and liabilities | 10/49 | €894,136 | €628,597 | -€265,539 | -29.7% |
| Equity | 10/15 | €487,868 | €492,660 | +€4,792 | +1.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €34,478 | €34,477 | -€1 | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €665 | €664 | -€1 | -0.2% |
| Distributable reserves | 133 | €23,813 | €23,813 | = | 0.0% |
| Profit (loss) carried forward | 14 | €353,390 | €358,183 | +€4,793 | +1.4% |
| Provisions and deferred taxes | 16 | €80,124 | €40,124 | -€40,000 | -49.9% |
| Provisions for liabilities and charges | 160/5 | €80,124 | €40,124 | -€40,000 | -49.9% |
| Pensions and similar obligations | 160 | €40,000 | - | -€40,000 | |
| Major repairs and maintenance | 162 | €21,115 | €21,115 | = | 0.0% |
| Other liabilities and charges | 164/5 | €19,009 | €19,009 | = | 0.0% |
| Amounts payable | 17/49 | €326,144 | €95,813 | -€230,331 | -70.6% |
| Amounts payable within one year | 42/48 | €308,273 | €82,057 | -€226,216 | -73.4% |
| Current portion of amounts payable after more than one year | 42 | €41,643 | - | -€41,643 | |
| Trade debts | 44 | €35,211 | €35,451 | +€240 | +0.7% |
| Suppliers | 440/4 | €35,211 | €35,451 | +€240 | +0.7% |
| Advances received on contracts in progress | 46 | €191,329 | €15,523 | -€175,806 | -91.9% |
| Taxes, remuneration and social security | 45 | €32,361 | €29,084 | -€3,277 | -10.1% |
| Taxes | 450/3 | €4,767 | €1,619 | -€3,148 | -66.0% |
| Remuneration and social security | 454/9 | €27,594 | €27,465 | -€129 | -0.5% |
| Other amounts payable | 47/48 | €7,729 | €1,999 | -€5,730 | -74.1% |
| Accrued charges and deferred income | 492/3 | €17,871 | €13,756 | -€4,115 | -23.0% |
| Remuneration, social security and pensions | 62 | €67,272 | €64,061 | -€3,211 | -4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,386 | €37,204 | +€818 | +2.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€10,554 | - | +€10,554 | |
| Other operating charges | 640/8 | €8,184 | €8,159 | -€25 | -0.3% |
| Non-recurring operating charges | 66A | €11,792 | €44 | -€11,748 | -99.6% |
| Gross operating margin | 9900 | €167,600 | €113,473 | -€54,127 | -32.3% |
| Operating profit (loss) | 9901 | €54,520 | €4,005 | -€50,515 | -92.7% |
| Financial income | 75/76B | €8,052 | €4,537 | -€3,515 | -43.7% |
| Recurring financial income | 75 | €8,052 | €4,537 | -€3,515 | -43.7% |
| Financial charges | 65/66B | €3,239 | €2,130 | -€1,109 | -34.2% |
| Recurring financial charges | 65 | €3,239 | €2,130 | -€1,109 | -34.2% |
| Profit (loss) for the period before taxes | 9903 | €59,333 | €6,412 | -€52,921 | -89.2% |
| Income taxes | 67/77 | €13,193 | €1,619 | -€11,574 | -87.7% |
| Profit (loss) for the period | 9904 | €46,140 | €4,793 | -€41,347 | -89.6% |
| Profit (loss) for the period to be appropriated | 9905 | €46,140 | €4,793 | -€41,347 | -89.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.