DEVUMO: 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.
What changed
DEVUMO
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€1,799
2024 · -€48,417+€46,618
Equity
-€1.1m
2024 · -€1.1m-€1,799
Cash
€21,770
2024 · €12,493+€9,277
Balance sheet total
€6.8m
2024 · €6.8m-€61,843
Largest movements
Assets
- Tangible fixed assets -€97,828
down €97,828 (-1.4%), from €6.8m to €6.7m
Equity and liabilities
- Debts after one year -€128,348
down €128,348 (-2.5%), from €5.2m to €5.1m
Income statement
- Gross operating margin +€49,232
up €49,232 (+23.8%), from €207,282 to €256,514
- Depreciation +€4,902
up €4,902 (+3.1%), from €156,527 to €161,429
- Financial charges -€3,201
down €3,201 (-3.7%), from €87,134 to €83,933
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
-€48,417
Gross operating margin
+€49,232
Depreciation
-€4,902
Other operating charges
-€911
Financial income
-€1
Financial charges
+€3,201
Result 2025
-€1,799
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
+€175,169
Investment
-€63,601
Financing
-€102,290
Cash 2024
€12,493
From operations (derived)
+€175,169
Net result for the year
-€1,799
Depreciation
+€161,429
Receivables within one year
-€16,553
Deferred charges and accrued income
-€10,154
Trade debts
+€22,730
Tax, wage and social debts
-€427
Other debts
+€19,944
Investment (derived)
-€63,601
Investment in fixed assets (net)
-€63,601
Financing
-€102,290
Debts after one year
-€128,348
Current portion of long-term debt
+€26,058
Cash 2025
€21,770
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,846,842 | €6,784,999 | -€61,843 | -0.9% |
| Fixed assets | 21/28 | €6,830,074 | €6,732,247 | -€97,828 | -1.4% |
| Tangible fixed assets | 22/27 | €6,830,074 | €6,732,247 | -€97,828 | -1.4% |
| Land and buildings | 22 | €6,830,074 | €6,732,247 | -€97,828 | -1.4% |
| Current assets | 29/58 | €16,768 | €52,752 | +€35,985 | +214.6% |
| Amounts receivable within one year | 40/41 | - | €16,553 | +€16,553 | |
| Trade receivables | 40 | - | €16,553 | +€16,553 | |
| Cash at bank and in hand | 54/58 | €12,493 | €21,770 | +€9,277 | +74.3% |
| Deferred charges and accrued income | 490/1 | €4,275 | €14,429 | +€10,154 | +237.5% |
| Total equity and liabilities | 10/49 | €6,846,842 | €6,784,999 | -€61,843 | -0.9% |
| Equity | 10/15 | -€1,066,012 | -€1,067,812 | -€1,799 | -0.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,068,012 | -€1,069,812 | -€1,799 | -0.2% |
| Amounts payable | 17/49 | €7,912,854 | €7,852,811 | -€60,044 | -0.8% |
| Amounts payable after more than one year | 17 | €5,221,804 | €5,093,455 | -€128,348 | -2.5% |
| Financial debts | 170/4 | €5,221,804 | €5,093,455 | -€128,348 | -2.5% |
| Amounts payable within one year | 42/48 | €2,691,051 | €2,759,355 | +€68,305 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €151,327 | €177,385 | +€26,058 | +17.2% |
| Trade debts | 44 | €4,980 | €27,710 | +€22,730 | +456.4% |
| Suppliers | 440/4 | €4,980 | €27,710 | +€22,730 | +456.4% |
| Taxes, remuneration and social security | 45 | €478 | €50 | -€427 | -89.4% |
| Taxes | 450/3 | €478 | €50 | -€427 | -89.4% |
| Other amounts payable | 47/48 | €2,534,266 | €2,554,210 | +€19,944 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €156,527 | €161,429 | +€4,902 | +3.1% |
| Other operating charges | 640/8 | €12,040 | €12,951 | +€911 | +7.6% |
| Gross operating margin | 9900 | €207,282 | €256,514 | +€49,232 | +23.8% |
| Operating profit (loss) | 9901 | €38,715 | €82,134 | +€43,419 | +112.1% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €87,134 | €83,933 | -€3,201 | -3.7% |
| Recurring financial charges | 65 | €87,134 | €83,933 | -€3,201 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | -€48,417 | -€1,799 | +€46,618 | +96.3% |
| Profit (loss) for the period | 9904 | -€48,417 | -€1,799 | +€46,618 | +96.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€48,417 | -€1,799 | +€46,618 | +96.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.