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IMMO - DEVO: 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

IMMO - DEVO

BE 0437.987.068
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€22,696
2024 · €13,028+€9,668
Equity
€302,746
2024 · €280,050+€22,696
Cash
€40
2024 · €46-€6
Balance sheet total
€396,000
2024 · €399,155-€3,155

Largest movements

2024 to 2025
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities
    • Profit (loss) carried forward +€22,696

      up €22,696 (+6.8%), from -€333,251 to -€310,555

    • Other debts -€15,150

      down €15,150 (-27.3%), from €55,575 to €40,424

    • Trade debts -€6,779

      down €6,779 (-57.6%), from €11,779 to €5,000

    Income statement
    • Gross operating margin +€12,013

      up €12,013 (+47.8%), from €25,147 to €37,161

    • Other operating charges +€2,260

      up €2,260 (+25.3%), from €8,914 to €11,174

    From the 2024 result to the 2025 result

    effect on the 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 €13,028
    Gross operating margin +€12,013
    Other operating charges -€2,260
    Financial charges -€85
    Result 2025 €22,696

    Cash bridge derived

    cash 2024 to 2025

    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 +€3,915
    Investment €0
    Financing -€3,921
    Cash 2024 €46
    Net result for the year +€22,696
    Depreciation +€3,149
    Trade debts -€6,779
    Other debts -€15,150
    Debts after one year -€3,921
    Cash 2025 €40
    Every line side by side 34 lines
    Line Code 2024 2025 Change %
    Total assets 20/58 €399,155 €396,000 -€3,155 -0.8%
    Fixed assets 21/28 €399,109 €395,960 -€3,149 -0.8%
    Tangible fixed assets 22/27 €399,109 €395,960 -€3,149 -0.8%
    Land and buildings 22 €399,109 €395,960 -€3,149 -0.8%
    Current assets 29/58 €46 €40 -€6 -12.7%
    Cash at bank and in hand 54/58 €46 €40 -€6 -12.7%
    Total equity and liabilities 10/49 €399,155 €396,000 -€3,155 -0.8%
    Equity 10/15 €280,050 €302,746 +€22,696 +8.1%
    Contributions 10/11 €172,000 €172,000 = 0.0%
    Capital 10 €172,000 €172,000 = 0.0%
    Issued capital 100 €172,000 €172,000 = 0.0%
    Revaluation surpluses 12 €351,018 €347,869 -€3,149 -0.9%
    Reserves 13 €90,283 €93,432 +€3,149 +3.5%
    Non-distributable reserves 130/1 €7,437 €7,437 = 0.0%
    Legal reserve 130 €7,437 €7,437 = 0.0%
    Distributable reserves 133 €82,846 €85,995 +€3,149 +3.8%
    Profit (loss) carried forward 14 -€333,251 -€310,555 +€22,696 +6.8%
    Amounts payable 17/49 €119,105 €93,254 -€25,851 -21.7%
    Amounts payable after more than one year 17 €51,625 €47,704 -€3,921 -7.6%
    Financial debts 170/4 €51,625 €47,704 -€3,921 -7.6%
    Amounts payable within one year 42/48 €67,354 €45,424 -€21,930 -32.6%
    Trade debts 44 €11,779 €5,000 -€6,779 -57.6%
    Suppliers 440/4 €11,779 €5,000 -€6,779 -57.6%
    Other amounts payable 47/48 €55,575 €40,424 -€15,150 -27.3%
    Accrued charges and deferred income 492/3 €126 €126 = 0.0%
    Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,149 €3,149 = 0.0%
    Other operating charges 640/8 €8,914 €11,174 +€2,260 +25.3%
    Gross operating margin 9900 €25,147 €37,161 +€12,013 +47.8%
    Operating profit (loss) 9901 €13,084 €22,838 +€9,754 +74.5%
    Financial charges 65/66B €57 €142 +€85 +150.7%
    Recurring financial charges 65 €57 €142 +€85 +150.7%
    Profit (loss) for the period before taxes 9903 €13,028 €22,696 +€9,668 +74.2%
    Profit (loss) for the period 9904 €13,028 €22,696 +€9,668 +74.2%
    Profit (loss) for the period to be appropriated 9905 €13,028 €22,696 +€9,668 +74.2%

    Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.