Devrieze David Landbouw: what changed
Two financial 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.
Devrieze David Landbouw
Largest movements
- Current investments -€90,000
down €90,000 (-100%), from €90,000 to €0
- Tangible fixed assets +€80,221
up €80,221 (+13.1%), from €610,292 to €690,513
of which Plant, machinery and equipment: +€82,167
- Receivables within one year -€35,462
down €35,462 (-66.0%), from €53,713 to €18,251
of which Trade receivables: -€34,316
- Stocks and contracts +€34,514
up €34,514 (+23.6%), from €146,532 to €181,045
- Cash -€29,580
down €29,580 (-63.3%), from €46,728 to €17,148
mainly Investment in fixed assets (net) (-€159,744) and Stocks and contracts (-€34,514)
- Debts after one year -€22,256
down €22,256 (-3.1%), from €716,119 to €693,863
- Financial income -€125,785
down €125,785 (-99.5%), from €126,431 to €646
- Gross operating margin +€69,955
up €69,955 (+276%), from €25,390 to €95,345
- Depreciation +€10,150
up €10,150 (+16.0%), from €63,336 to €73,486
- Taxes -€9,833
down €9,833 (-100%), from €9,833 to €0
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.
Derived cash bridge
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 | €949,804 | €918,708 | -€31,095 | -3.3% |
| Fixed assets | 21/28 | €612,831 | €699,089 | +€86,258 | +14.1% |
| Intangible fixed assets | 21 | €1,539 | €8,577 | +€7,037 | +457% |
| Tangible fixed assets | 22/27 | €610,292 | €690,513 | +€80,221 | +13.1% |
| Land and buildings | 22 | €486,539 | €509,778 | +€23,239 | +4.8% |
| Plant, machinery and equipment | 23 | €53,070 | €135,237 | +€82,167 | +155% |
| Furniture and vehicles | 24 | €70,683 | €45,497 | -€25,185 | -35.6% |
| Financial fixed assets | 28 | €1,000 | €0 | -€1,000 | -100% |
| Current assets | 29/58 | €336,972 | €219,619 | -€117,353 | -34.8% |
| Stocks and contracts in progress | 3 | €146,532 | €181,045 | +€34,514 | +23.6% |
| Stocks | 30/36 | €146,532 | €181,045 | +€34,514 | +23.6% |
| Amounts receivable within one year | 40/41 | €53,713 | €18,251 | -€35,462 | -66.0% |
| Trade receivables | 40 | €49,892 | €15,576 | -€34,316 | -68.8% |
| Other amounts receivable | 41 | €3,821 | €2,676 | -€1,145 | -30.0% |
| Current investments | 50/53 | €90,000 | €0 | -€90,000 | -100% |
| Cash at bank and in hand | 54/58 | €46,728 | €17,148 | -€29,580 | -63.3% |
| Deferred charges and accrued income | 490/1 | - | €3,175 | +€3,175 | |
| Total equity and liabilities | 10/49 | €949,804 | €918,708 | -€31,095 | -3.3% |
| Equity | 10/15 | €169,006 | €172,614 | +€3,608 | +2.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €119,006 | €122,614 | +€3,608 | +3.0% |
| Tax-exempt reserves | 132 | €21,050 | €21,050 | = | 0.0% |
| Distributable reserves | 133 | €97,956 | €101,564 | +€3,608 | +3.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €780,797 | €746,094 | -€34,703 | -4.4% |
| Amounts payable after more than one year | 17 | €716,119 | €693,863 | -€22,256 | -3.1% |
| Financial debts | 170/4 | €716,119 | €693,863 | -€22,256 | -3.1% |
| Amounts payable within one year | 42/48 | €64,678 | €52,231 | -€12,447 | -19.2% |
| Current portion of amounts payable after more than one year | 42 | €21,325 | €22,256 | +€930 | +4.4% |
| Trade debts | 44 | €13,122 | €5,074 | -€8,048 | -61.3% |
| Suppliers | 440/4 | €13,122 | €5,074 | -€8,048 | -61.3% |
| Taxes, remuneration and social security | 45 | €14,821 | €9,821 | -€5,000 | -33.7% |
| Taxes | 450/3 | €14,821 | €9,821 | -€5,000 | -33.7% |
| Other amounts payable | 47/48 | €15,410 | €15,080 | -€330 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,336 | €73,486 | +€10,150 | +16.0% |
| Other operating charges | 640/8 | €1,571 | €2,381 | +€811 | +51.6% |
| Gross operating margin | 9900 | €25,390 | €95,345 | +€69,955 | +276% |
| Operating profit (loss) | 9901 | -€39,516 | €19,478 | +€58,994 | |
| Financial income | 75/76B | €126,431 | €646 | -€125,785 | -99.5% |
| Recurring financial income | 75 | €126,431 | €646 | -€125,785 | -99.5% |
| Financial charges | 65/66B | €16,872 | €16,516 | -€356 | -2.1% |
| Recurring financial charges | 65 | €16,872 | €16,516 | -€356 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €70,043 | €3,608 | -€66,435 | -94.8% |
| Income taxes | 67/77 | €9,833 | €0 | -€9,833 | -100% |
| Profit (loss) for the period | 9904 | €60,209 | €3,608 | -€56,602 | -94.0% |
| Transfer to tax-exempt reserves | 689 | €21,050 | €0 | -€21,050 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €39,159 | €3,608 | -€35,552 | -90.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.