Dieter Devogelaere bvba: 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.
Dieter Devogelaere bvba
Largest movements
- Deferred charges and accrued income +€65,007
up €65,007 (+1,589%), from €4,092 to €69,099
- Receivables within one year -€33,124
down €33,124 (-36.2%), from €91,541 to €58,416
of which Trade receivables: -€21,004
- Cash -€15,032
down €15,032 (-86.3%), from €17,429 to €2,396
mainly Investment in fixed assets (net) (-€110,806) and Deferred charges and accrued income (-€65,007)
- Tangible fixed assets +€9,739
up €9,739 (+1.6%), from €615,674 to €625,414
of which Plant, machinery and equipment: +€26,320
- Reserves +€99,828
up €99,828 (+47.4%), from €210,423 to €310,250
- Debts after one year -€59,761
down €59,761 (-15.8%), from €379,384 to €319,622
- Trade debts -€23,305
down €23,305 (-68.2%), from €34,183 to €10,879
- Tax, wage and social debts +€18,473
up €18,473 (+149%), from €12,422 to €30,895
- Other debts -€16,340
no longer reported in 2025 (was €16,340)
- Gross operating margin +€95,046
up €95,046 (+57.5%), from €165,317 to €260,363
- Depreciation +€30,811
up €30,811 (+43.9%), from €70,256 to €101,067
- Taxes +€22,029
up €22,029 (+113%), from €19,474 to €41,503
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 | €733,736 | €760,325 | +€26,590 | +3.6% |
| Fixed assets | 21/28 | €620,674 | €630,414 | +€9,739 | +1.6% |
| Tangible fixed assets | 22/27 | €615,674 | €625,414 | +€9,739 | +1.6% |
| Land and buildings | 22 | €368,155 | €377,746 | +€9,591 | +2.6% |
| Plant, machinery and equipment | 23 | €94,287 | €120,607 | +€26,320 | +27.9% |
| Furniture and vehicles | 24 | €12,643 | €7,920 | -€4,722 | -37.4% |
| Leasing and similar rights | 25 | €140,591 | €119,141 | -€21,450 | -15.3% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €113,061 | €129,911 | +€16,850 | +14.9% |
| Amounts receivable within one year | 40/41 | €91,541 | €58,416 | -€33,124 | -36.2% |
| Trade receivables | 40 | €77,575 | €56,571 | -€21,004 | -27.1% |
| Other amounts receivable | 41 | €13,966 | €1,845 | -€12,120 | -86.8% |
| Cash at bank and in hand | 54/58 | €17,429 | €2,396 | -€15,032 | -86.3% |
| Deferred charges and accrued income | 490/1 | €4,092 | €69,099 | +€65,007 | +1,589% |
| Total equity and liabilities | 10/49 | €733,736 | €760,325 | +€26,590 | +3.6% |
| Equity | 10/15 | €230,423 | €330,250 | +€99,828 | +43.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €210,423 | €310,250 | +€99,828 | +47.4% |
| Distributable reserves | 133 | €210,423 | €310,250 | +€99,828 | +47.4% |
| Amounts payable | 17/49 | €503,313 | €430,075 | -€73,238 | -14.6% |
| Amounts payable after more than one year | 17 | €379,384 | €319,622 | -€59,761 | -15.8% |
| Financial debts | 170/4 | €379,384 | €319,622 | -€59,761 | -15.8% |
| Amounts payable within one year | 42/48 | €123,929 | €110,453 | -€13,477 | -10.9% |
| Current portion of amounts payable after more than one year | 42 | €60,984 | €68,679 | +€7,694 | +12.6% |
| Trade debts | 44 | €34,183 | €10,879 | -€23,305 | -68.2% |
| Suppliers | 440/4 | €34,183 | €10,879 | -€23,305 | -68.2% |
| Taxes, remuneration and social security | 45 | €12,422 | €30,895 | +€18,473 | +149% |
| Taxes | 450/3 | €12,422 | €30,895 | +€18,473 | +149% |
| Other amounts payable | 47/48 | €16,340 | - | -€16,340 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,256 | €101,067 | +€30,811 | +43.9% |
| Other operating charges | 640/8 | €1,364 | €1,956 | +€592 | +43.4% |
| Gross operating margin | 9900 | €165,317 | €260,363 | +€95,046 | +57.5% |
| Operating profit (loss) | 9901 | €93,698 | €157,340 | +€63,642 | +67.9% |
| Financial income | 75/76B | €864 | €433 | -€431 | -49.8% |
| Recurring financial income | 75 | €864 | €433 | -€431 | -49.8% |
| Financial charges | 65/66B | €14,183 | €16,443 | +€2,260 | +15.9% |
| Recurring financial charges | 65 | €14,183 | €16,443 | +€2,260 | +15.9% |
| Profit (loss) for the period before taxes | 9903 | €80,379 | €141,330 | +€60,952 | +75.8% |
| Income taxes | 67/77 | €19,474 | €41,503 | +€22,029 | +113% |
| Profit (loss) for the period | 9904 | €60,905 | €99,828 | +€38,923 | +63.9% |
| Profit (loss) for the period to be appropriated | 9905 | €60,905 | €99,828 | +€38,923 | +63.9% |
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 22 October 2026 via checked.be.