IMMO DEVA REAL ESTATE: 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.
IMMO DEVA REAL ESTATE
Largest movements
- Cash -€2.0m
down €2.0m (-62.6%), from €3.1m to €1.2m
mainly Current investments (-€1.7m) and Contributions, distributions and other (-€491,500)
- Current investments +€1.7m
new in 2025: €1.7m
- Tangible fixed assets -€49,018
down €49,018 (-27.2%), from €180,090 to €131,072
of which Furniture and vehicles: -€34,581
- Receivables within one year -€38,934
down €38,934 (-38.0%), from €102,343 to €63,410
of which Other amounts receivable: -€49,848
- Reserves -€405,400
down €405,400 (-19.0%), from €2.1m to €1.7m
of which Distributable reserves: -€405,400
- Tax, wage and social debts +€49,185
up €49,185 (+164%), from €29,976 to €79,162
of which Taxes: +€43,825
- Advances received -€38,100
down €38,100 (-6.7%), from €571,100 to €533,000
- Gross operating margin -€98,907
down €98,907 (-23.1%), from €427,347 to €328,440
- Taxes -€57,432
down €57,432 (-56.4%), from €101,765 to €44,333
- Financial income -€48,708
down €48,708 (-65.4%), from €74,502 to €25,794
- Staff costs +€46,410
up €46,410 (+40.5%), from €114,610 to €161,021
- Depreciation +€9,686
up €9,686 (+22.5%), from €43,044 to €52,730
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 | €3,456,080 | €3,074,684 | -€381,397 | -11.0% |
| Fixed assets | 21/28 | €210,090 | €131,072 | -€79,018 | -37.6% |
| Tangible fixed assets | 22/27 | €180,090 | €131,072 | -€49,018 | -27.2% |
| Plant, machinery and equipment | 23 | €32,629 | €18,191 | -€14,437 | -44.2% |
| Furniture and vehicles | 24 | €147,461 | €112,880 | -€34,581 | -23.5% |
| Financial fixed assets | 28 | €30,000 | - | -€30,000 | |
| Current assets | 29/58 | €3,245,991 | €2,943,612 | -€302,379 | -9.3% |
| Amounts receivable within one year | 40/41 | €102,343 | €63,410 | -€38,934 | -38.0% |
| Trade receivables | 40 | €48,389 | €59,303 | +€10,914 | +22.6% |
| Other amounts receivable | 41 | €53,955 | €4,106 | -€49,848 | -92.4% |
| Current investments | 50/53 | - | €1,700,000 | +€1.7m | |
| Cash at bank and in hand | 54/58 | €3,138,255 | €1,174,372 | -€2.0m | -62.6% |
| Deferred charges and accrued income | 490/1 | €5,392 | €5,830 | +€438 | +8.1% |
| Total equity and liabilities | 10/49 | €3,456,080 | €3,074,684 | -€381,397 | -11.0% |
| Equity | 10/15 | €2,217,915 | €1,812,692 | -€405,224 | -18.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €2,136,100 | €1,730,700 | -€405,400 | -19.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €2,129,900 | €1,724,500 | -€405,400 | -19.0% |
| Profit (loss) carried forward | 14 | €19,815 | €19,992 | +€176 | +0.9% |
| Amounts payable | 17/49 | €1,238,165 | €1,261,992 | +€23,827 | +1.9% |
| Amounts payable after more than one year | 17 | €135,000 | €135,000 | = | 0.0% |
| Other amounts payable | 178/9 | €135,000 | €135,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,090,065 | €1,118,764 | +€28,699 | +2.6% |
| Trade debts | 44 | €1,488 | €10,919 | +€9,430 | +634% |
| Suppliers | 440/4 | €1,488 | €10,919 | +€9,430 | +634% |
| Advances received on contracts in progress | 46 | €571,100 | €533,000 | -€38,100 | -6.7% |
| Taxes, remuneration and social security | 45 | €29,976 | €79,162 | +€49,185 | +164% |
| Taxes | 450/3 | €16,909 | €60,734 | +€43,825 | +259% |
| Remuneration and social security | 454/9 | €13,068 | €18,427 | +€5,360 | +41.0% |
| Other amounts payable | 47/48 | €487,500 | €495,683 | +€8,183 | +1.7% |
| Accrued charges and deferred income | 492/3 | €13,100 | €8,228 | -€4,872 | -37.2% |
| Non-recurring operating income | 76A | €31,000 | - | -€31,000 | |
| Remuneration, social security and pensions | 62 | €114,610 | €161,021 | +€46,410 | +40.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,044 | €52,730 | +€9,686 | +22.5% |
| Other operating charges | 640/8 | €1,264 | €1,408 | +€145 | +11.5% |
| Gross operating margin | 9900 | €427,347 | €328,440 | -€98,907 | -23.1% |
| Operating profit (loss) | 9901 | €268,430 | €113,281 | -€155,149 | -57.8% |
| Financial income | 75/76B | €74,502 | €25,794 | -€48,708 | -65.4% |
| Recurring financial income | 75 | €74,502 | €25,794 | -€48,708 | -65.4% |
| Financial charges | 65/66B | €8,423 | €8,466 | +€43 | +0.5% |
| Recurring financial charges | 65 | €8,423 | €8,466 | +€43 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €334,509 | €130,609 | -€203,900 | -61.0% |
| Income taxes | 67/77 | €101,765 | €44,333 | -€57,432 | -56.4% |
| Profit (loss) for the period | 9904 | €232,744 | €86,276 | -€146,468 | -62.9% |
| Profit (loss) for the period to be appropriated | 9905 | €232,744 | €86,276 | -€146,468 | -62.9% |
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 19 October 2026 via checked.be.