DEVOOST: what changed
What changed
DEVOOST
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
filed annual accounts (NBB)
Net result for the year
€133,582
2024 · €207,595-€74,013
Equity
€9.7m
2024 · €9.6m+€133,582
Cash
€1.3m
2024 · €1.2m+€2,925
Balance sheet total
€10.7m
2024 · €10.6m+€122,277
Largest movements
Assets
- Current investments +€715,507
up €715,507 (+33.6%), from €2.1m to €2.8m
- Receivables within one year -€642,666
down €642,666 (-91.2%), from €704,575 to €61,909
of which Other amounts receivable: -€618,861
Equity and liabilities
- Reserves +€133,582
up €133,582 (+62.4%), from €214,067 to €347,648
of which Distributable reserves: +€133,922
Income statement
- Financial charges +€91,505
up €91,505, from -€4,261 to €87,244
- Financial income +€72,819
up €72,819 (+70.9%), from €102,775 to €175,593
- Depreciation +€54,110
up €54,110 (+27.2%), from €198,752 to €252,862
- Taxes +€36,251
up €36,251 (+120%), from €30,096 to €66,347
- Gross operating margin +€22,650
up €22,650 (+5.3%), from €426,307 to €448,957
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€207,595
Gross operating margin
+€22,650
Depreciation
-€54,110
Other operating charges
-€16,344
Other operating items
+€68
Financial income
+€72,819
Financial charges
-€91,505
Taxes
-€36,251
Deferred taxes and other
+€28,660
Result 2025
€133,582
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.0m
Investment
-€1.0m
Financing
€0
Cash 2024
€1.2m
From operations (derived)
+€1.0m
Net result for the year
+€133,582
Depreciation
+€252,862
Receivables within one year
+€642,666
Deferred charges and accrued income
-€3,206
Provisions
-€1,242
Trade debts
-€41,106
Tax, wage and social debts
+€16,791
Other debts
+€25,557
Accrued charges and deferred income
-€11,305
Investment (derived)
-€1.0m
Investment in fixed assets (net)
-€296,167
Current investments
-€715,507
Cash 2025
€1.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,572,685 | €10,694,962 | +€122,277 | +1.2% |
| Fixed assets | 21/28 | €6,395,632 | €6,438,937 | +€43,305 | +0.7% |
| Tangible fixed assets | 22/27 | €6,395,632 | €6,438,937 | +€43,305 | +0.7% |
| Land and buildings | 22 | €6,338,489 | €6,399,003 | +€60,513 | +1.0% |
| Plant, machinery and equipment | 23 | €54,704 | €38,945 | -€15,759 | -28.8% |
| Furniture and vehicles | 24 | €2,439 | €989 | -€1,449 | -59.4% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €4,177,052 | €4,256,025 | +€78,973 | +1.9% |
| Stocks and contracts in progress | 3 | €81,480 | €81,480 | = | 0.0% |
| Stocks | 30/36 | €81,480 | €81,480 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €704,575 | €61,909 | -€642,666 | -91.2% |
| Trade receivables | 40 | €40,721 | €16,916 | -€23,805 | -58.5% |
| Other amounts receivable | 41 | €663,853 | €44,993 | -€618,861 | -93.2% |
| Current investments | 50/53 | €2,131,363 | €2,846,870 | +€715,507 | +33.6% |
| Cash at bank and in hand | 54/58 | €1,249,374 | €1,252,299 | +€2,925 | +0.2% |
| Deferred charges and accrued income | 490/1 | €10,261 | €13,467 | +€3,206 | +31.2% |
| Total equity and liabilities | 10/49 | €10,572,685 | €10,694,962 | +€122,277 | +1.2% |
| Equity | 10/15 | €9,614,067 | €9,747,648 | +€133,582 | +1.4% |
| Contributions | 10/11 | €9,400,000 | €9,400,000 | = | 0.0% |
| Reserves | 13 | €214,067 | €347,648 | +€133,582 | +62.4% |
| Tax-exempt reserves | 132 | €84,375 | €84,035 | -€340 | -0.4% |
| Distributable reserves | 133 | €129,692 | €263,614 | +€133,922 | +103% |
| Provisions and deferred taxes | 16 | €33,783 | €32,541 | -€1,242 | -3.7% |
| Deferred taxes | 168 | €33,783 | €32,541 | -€1,242 | -3.7% |
| Amounts payable | 17/49 | €924,835 | €914,772 | -€10,063 | -1.1% |
| Amounts payable after more than one year | 17 | €520,000 | €520,000 | = | 0.0% |
| Other amounts payable | 178/9 | €520,000 | €520,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €332,407 | €333,649 | +€1,242 | +0.4% |
| Trade debts | 44 | €54,286 | €13,181 | -€41,106 | -75.7% |
| Suppliers | 440/4 | €54,286 | €13,181 | -€41,106 | -75.7% |
| Taxes, remuneration and social security | 45 | €3,312 | €20,103 | +€16,791 | +507% |
| Taxes | 450/3 | €3,312 | €20,103 | +€16,791 | +507% |
| Other amounts payable | 47/48 | €274,808 | €300,365 | +€25,557 | +9.3% |
| Accrued charges and deferred income | 492/3 | €72,428 | €61,124 | -€11,305 | -15.6% |
| Non-recurring operating income | 76A | €112,500 | €589 | -€111,911 | -99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €198,752 | €252,862 | +€54,110 | +27.2% |
| Other operating charges | 640/8 | €69,414 | €85,758 | +€16,344 | +23.5% |
| Non-recurring operating charges | 66A | €68 | €0 | -€68 | -100% |
| Gross operating margin | 9900 | €426,307 | €448,957 | +€22,650 | +5.3% |
| Operating profit (loss) | 9901 | €158,073 | €110,338 | -€47,736 | -30.2% |
| Financial income | 75/76B | €102,775 | €175,593 | +€72,819 | +70.9% |
| Recurring financial income | 75 | €102,775 | €175,593 | +€72,819 | +70.9% |
| Financial charges | 65/66B | -€4,261 | €87,244 | +€91,505 | |
| Recurring financial charges | 65 | -€4,261 | €87,244 | +€91,505 | |
| Profit (loss) for the period before taxes | 9903 | €265,109 | €198,687 | -€66,422 | -25.1% |
| Transfer from deferred taxes | 780 | €707 | €1,242 | +€535 | +75.6% |
| Transfer to deferred taxes | 680 | €28,125 | €0 | -€28,125 | -100% |
| Income taxes | 67/77 | €30,096 | €66,347 | +€36,251 | +120% |
| Profit (loss) for the period | 9904 | €207,595 | €133,582 | -€74,013 | -35.7% |
| Transfer from tax-exempt reserves | 789 | - | €340 | +€340 | |
| Transfer to tax-exempt reserves | 689 | €84,375 | €0 | -€84,375 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €123,220 | €133,922 | +€10,702 | +8.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.