DEVRIMO: 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.
What changed
DEVRIMO
NACE 68.310, Real estate agency activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€42,401
2024 · -€67,486+€25,084
Equity
€1.2m
2024 · €1.3m-€103,007
Cash
€108
2024 · €4,962-€4,853
Balance sheet total
€2.1m
2024 · €2.2m-€92,384
Largest movements
Assets
- Tangible fixed assets -€84,711
down €84,711 (-3.9%), from €2.2m to €2.1m
of which Land and buildings: -€80,606
Equity and liabilities
- Other debts +€66,831
up €66,831 (+9.3%), from €719,234 to €786,066
- Revaluation surpluses -€60,606
down €60,606 (-3.7%), from €1.6m to €1.6m
- Profit (loss) carried forward -€42,401
down €42,401 (-10.4%), from -€409,671 to -€452,072
- Advances received -€29,096
down €29,096 (-100.0%), from €29,096 to €0
- Debts after one year -€28,508
down €28,508 (-21.4%), from €132,936 to €104,428
Income statement
- Gross operating margin +€4,647
up €4,647 (+51.2%), from -€9,076 to -€4,430
- Financial charges -€1,071
down €1,071 (-15.5%), from €6,931 to €5,860
- Other operating charges +€686
up €686 (+9.8%), from €7,015 to €7,701
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.
Result 2024
-€67,486
Gross operating margin
+€4,647
Depreciation
-€0
Other operating charges
-€686
Other operating items
+€20,000
Financial income
+€33
Financial charges
+€1,071
Taxes
+€19
Result 2025
-€42,401
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.
From operations
+€20,632
Investment
+€60,606
Financing
-€86,091
Cash 2024
€4,962
From operations (derived)
+€20,632
Net result for the year
-€42,401
Depreciation
+€24,105
Receivables within one year
+€4,461
Deferred charges and accrued income
-€1,642
Trade debts
-€212
Tax, wage and social debts
-€416
Advances received
-€29,096
Other debts
+€66,831
Accrued charges and deferred income
-€1,000
Investment (derived)
+€60,606
Investment in fixed assets (net)
+€60,606
Financing
-€86,091
Debts after one year
-€28,508
Current portion of long-term debt
+€569
Short-term financial debts
+€2,454
Contributions, distributions and other
-€60,606
Cash 2025
€108
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,209,460 | €2,117,076 | -€92,384 | -4.2% |
| Fixed assets | 21/28 | €2,198,090 | €2,113,379 | -€84,711 | -3.9% |
| Tangible fixed assets | 22/27 | €2,198,090 | €2,113,379 | -€84,711 | -3.9% |
| Land and buildings | 22 | €2,181,668 | €2,101,062 | -€80,606 | -3.7% |
| Plant, machinery and equipment | 23 | €16,422 | €12,317 | -€4,106 | -25.0% |
| Current assets | 29/58 | €11,370 | €3,697 | -€7,672 | -67.5% |
| Amounts receivable within one year | 40/41 | €5,997 | €1,537 | -€4,461 | -74.4% |
| Trade receivables | 40 | €400 | €1,045 | +€645 | +161.3% |
| Other amounts receivable | 41 | €5,597 | €492 | -€5,106 | -91.2% |
| Cash at bank and in hand | 54/58 | €4,962 | €108 | -€4,853 | -97.8% |
| Deferred charges and accrued income | 490/1 | €411 | €2,052 | +€1,642 | +399.5% |
| Total equity and liabilities | 10/49 | €2,209,460 | €2,117,076 | -€92,384 | -4.2% |
| Equity | 10/15 | €1,270,293 | €1,167,285 | -€103,007 | -8.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €1,636,364 | €1,575,758 | -€60,606 | -3.7% |
| Reserves | 13 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€409,671 | -€452,072 | -€42,401 | -10.4% |
| Amounts payable | 17/49 | €939,167 | €949,791 | +€10,624 | +1.1% |
| Amounts payable after more than one year | 17 | €132,936 | €104,428 | -€28,508 | -21.4% |
| Financial debts | 170/4 | €132,936 | €104,428 | -€28,508 | -21.4% |
| Amounts payable within one year | 42/48 | €805,232 | €845,363 | +€40,132 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €27,939 | €28,508 | +€569 | +2.0% |
| Financial debts | 43 | €22,593 | €25,047 | +€2,454 | +10.9% |
| Credit institutions | 430/8 | €22,593 | €25,047 | +€2,454 | +10.9% |
| Trade debts | 44 | €4,950 | €4,739 | -€212 | -4.3% |
| Suppliers | 440/4 | €4,950 | €4,739 | -€212 | -4.3% |
| Advances received on contracts in progress | 46 | €29,096 | €0 | -€29,096 | -100.0% |
| Taxes, remuneration and social security | 45 | €1,420 | €1,004 | -€416 | -29.3% |
| Taxes | 450/3 | €1,420 | €1,004 | -€416 | -29.3% |
| Other amounts payable | 47/48 | €719,234 | €786,066 | +€66,831 | +9.3% |
| Accrued charges and deferred income | 492/3 | €1,000 | €0 | -€1,000 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,105 | €24,105 | +€0 | 0.0% |
| Other operating charges | 640/8 | €7,015 | €7,701 | +€686 | +9.8% |
| Non-recurring operating charges | 66A | €20,000 | €0 | -€20,000 | -100.0% |
| Gross operating margin | 9900 | -€9,076 | -€4,430 | +€4,647 | +51.2% |
| Operating profit (loss) | 9901 | -€60,197 | -€36,236 | +€23,961 | +39.8% |
| Financial income | 75/76B | €29 | €62 | +€33 | +111.9% |
| Recurring financial income | 75 | €29 | €62 | +€33 | +111.9% |
| Financial charges | 65/66B | €6,931 | €5,860 | -€1,071 | -15.5% |
| Recurring financial charges | 65 | €6,931 | €5,860 | -€1,071 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | -€67,099 | -€42,034 | +€25,065 | +37.4% |
| Income taxes | 67/77 | €387 | €368 | -€19 | -4.9% |
| Profit (loss) for the period | 9904 | -€67,486 | -€42,401 | +€25,084 | +37.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€67,486 | -€42,401 | +€25,084 | +37.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.