DEVY: 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.
DEVY
Largest movements
- Financial fixed assets +€277,585
up €277,585 (+8.1%), from €3.4m to €3.7m
- Tangible fixed assets +€87,477
up €87,477 (+14.3%), from €613,207 to €700,684
of which Land and buildings: +€89,301
- Debts after one year +€203,613
up €203,613 (+27.2%), from €748,512 to €952,125
- Reserves +€97,223
up €97,223 (+15.5%), from €628,208 to €725,430
- Current portion of long-term debt +€67,934
up €67,934 (+72.1%), from €94,217 to €162,152
- Gross operating margin +€82,459
up €82,459 (+46.3%), from €178,008 to €260,467
- Depreciation +€25,220
up €25,220 (+53.2%), from €47,378 to €72,598
- Taxes +€14,038
up €14,038 (+56.6%), from €24,814 to €38,852
- Financial charges +€11,205
up €11,205 (+30.9%), from €36,214 to €47,419
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 | €4,073,673 | €4,473,700 | +€400,028 | +9.8% |
| Fixed assets | 21/28 | €4,047,290 | €4,412,353 | +€365,062 | +9.0% |
| Tangible fixed assets | 22/27 | €613,207 | €700,684 | +€87,477 | +14.3% |
| Land and buildings | 22 | €605,360 | €694,661 | +€89,301 | +14.8% |
| Plant, machinery and equipment | 23 | €7,847 | €6,023 | -€1,823 | -23.2% |
| Financial fixed assets | 28 | €3,434,083 | €3,711,669 | +€277,585 | +8.1% |
| Current assets | 29/58 | €26,383 | €61,348 | +€34,965 | +133% |
| Amounts receivable within one year | 40/41 | €14,186 | €51,070 | +€36,884 | +260% |
| Trade receivables | 40 | €14,000 | €12,100 | -€1,900 | -13.6% |
| Other amounts receivable | 41 | €186 | €38,970 | +€38,784 | +20,864% |
| Cash at bank and in hand | 54/58 | €10,955 | €10,278 | -€678 | -6.2% |
| Deferred charges and accrued income | 490/1 | €1,241 | €0 | -€1,241 | -100% |
| Total equity and liabilities | 10/49 | €4,073,673 | €4,473,700 | +€400,028 | +9.8% |
| Equity | 10/15 | €2,228,208 | €2,325,430 | +€97,223 | +4.4% |
| Contributions | 10/11 | €1,600,000 | €1,600,000 | = | 0.0% |
| Reserves | 13 | €628,208 | €725,430 | +€97,223 | +15.5% |
| Distributable reserves | 133 | €628,208 | €725,430 | +€97,223 | +15.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €1,845,465 | €2,148,270 | +€302,805 | +16.4% |
| Amounts payable after more than one year | 17 | €748,512 | €952,125 | +€203,613 | +27.2% |
| Financial debts | 170/4 | €748,512 | €952,125 | +€203,613 | +27.2% |
| Amounts payable within one year | 42/48 | €1,096,953 | €1,196,146 | +€99,192 | +9.0% |
| Current portion of amounts payable after more than one year | 42 | €94,217 | €162,152 | +€67,934 | +72.1% |
| Financial debts | 43 | €55,986 | €12,181 | -€43,804 | -78.2% |
| Credit institutions | 430/8 | €55,986 | €12,181 | -€43,804 | -78.2% |
| Trade debts | 44 | €152,928 | €159,533 | +€6,606 | +4.3% |
| Suppliers | 440/4 | €152,928 | €159,533 | +€6,606 | +4.3% |
| Taxes, remuneration and social security | 45 | €35,279 | €67,997 | +€32,718 | +92.7% |
| Taxes | 450/3 | €31,385 | €66,134 | +€34,749 | +111% |
| Remuneration and social security | 454/9 | €3,894 | €1,863 | -€2,031 | -52.2% |
| Other amounts payable | 47/48 | €758,543 | €794,282 | +€35,739 | +4.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,378 | €72,598 | +€25,220 | +53.2% |
| Other operating charges | 640/8 | €3,822 | €4,392 | +€570 | +14.9% |
| Gross operating margin | 9900 | €178,008 | €260,467 | +€82,459 | +46.3% |
| Operating profit (loss) | 9901 | €126,809 | €183,477 | +€56,668 | +44.7% |
| Financial income | 75/76B | €1 | €17 | +€16 | +2,964% |
| Recurring financial income | 75 | €1 | €17 | +€16 | +2,964% |
| Financial charges | 65/66B | €36,214 | €47,419 | +€11,205 | +30.9% |
| Recurring financial charges | 65 | €36,214 | €47,419 | +€11,205 | +30.9% |
| Profit (loss) for the period before taxes | 9903 | €90,595 | €136,075 | +€45,480 | +50.2% |
| Income taxes | 67/77 | €24,814 | €38,852 | +€14,038 | +56.6% |
| Profit (loss) for the period | 9904 | €65,781 | €97,223 | +€31,441 | +47.8% |
| Profit (loss) for the period to be appropriated | 9905 | €65,781 | €97,223 | +€31,441 | +47.8% |
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 18 October 2026 via checked.be.