IMMOBILIEN DEVOS: 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.
IMMOBILIEN DEVOS
Largest movements
- Cash +€388,052
up €388,052 (+2,416%), from €16,063 to €404,115
mainly Investment in fixed assets (net) (+€169,075) and Net result for the year (+€149,771)
- Tangible fixed assets -€221,650
down €221,650 (-29.5%), from €750,210 to €528,559
of which Land and buildings: -€222,909
- Receivables within one year +€20,000
up €20,000, from €0 to €20,000
of which Other amounts receivable: +€20,000
- Reserves +€109,032
up €109,032 (+46.2%), from €236,148 to €345,180
of which Tax-exempt reserves: +€109,032
- Profit (loss) carried forward +€40,998
up €40,998 (+46.6%), from -€87,892 to -€46,894
- Provisions +€35,998
up €35,998 (+69.3%), from €51,932 to €87,930
- Gross operating margin +€227,294
up €227,294 (+1,630%), from €13,942 to €241,236
- Depreciation -€18,584
down €18,584 (-26.1%), from €71,159 to €52,575
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 | €1,138,034 | €1,324,250 | +€186,216 | +16.4% |
| Fixed assets | 21/28 | €750,210 | €528,559 | -€221,650 | -29.5% |
| Tangible fixed assets | 22/27 | €750,210 | €528,559 | -€221,650 | -29.5% |
| Land and buildings | 22 | €749,307 | €526,398 | -€222,909 | -29.7% |
| Plant, machinery and equipment | 23 | €903 | €2,162 | +€1,259 | +139% |
| Current assets | 29/58 | €387,824 | €795,691 | +€407,867 | +105% |
| Amounts receivable within one year | 40/41 | €0 | €20,000 | +€20,000 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | - | €20,000 | +€20,000 | |
| Current investments | 50/53 | €370,578 | €370,578 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €16,063 | €404,115 | +€388,052 | +2,416% |
| Deferred charges and accrued income | 490/1 | €1,184 | €998 | -€185 | -15.7% |
| Total equity and liabilities | 10/49 | €1,138,034 | €1,324,250 | +€186,216 | +16.4% |
| Equity | 10/15 | €828,256 | €978,286 | +€150,030 | +18.1% |
| Contributions | 10/11 | €680,000 | €680,000 | = | 0.0% |
| Capital | 10 | €680,000 | €680,000 | = | 0.0% |
| Issued capital | 100 | €680,000 | €680,000 | = | 0.0% |
| Reserves | 13 | €236,148 | €345,180 | +€109,032 | +46.2% |
| Non-distributable reserves | 130/1 | €59,000 | €59,000 | = | 0.0% |
| Legal reserve | 130 | €59,000 | €59,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €177,148 | €286,180 | +€109,032 | +61.5% |
| Profit (loss) carried forward | 14 | -€87,892 | -€46,894 | +€40,998 | +46.6% |
| Provisions and deferred taxes | 16 | €51,932 | €87,930 | +€35,998 | +69.3% |
| Deferred taxes | 168 | €51,932 | €87,930 | +€35,998 | +69.3% |
| Amounts payable | 17/49 | €257,846 | €258,034 | +€188 | +0.1% |
| Amounts payable within one year | 42/48 | €257,846 | €258,034 | +€188 | +0.1% |
| Trade debts | 44 | €970 | €549 | -€421 | -43.4% |
| Suppliers | 440/4 | €970 | €549 | -€421 | -43.4% |
| Other amounts payable | 47/48 | €256,876 | €257,485 | +€609 | +0.2% |
| Non-recurring operating income | 76A | - | €235,066 | +€235,066 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,159 | €52,575 | -€18,584 | -26.1% |
| Other operating charges | 640/8 | €3,026 | €2,558 | -€469 | -15.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €13,942 | €241,236 | +€227,294 | +1,630% |
| Operating profit (loss) | 9901 | -€60,244 | €186,103 | +€246,347 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €74 | €75 | +€1 | +1.9% |
| Recurring financial charges | 65 | €74 | €75 | +€1 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | -€60,317 | €186,028 | +€246,345 | |
| Transfer from deferred taxes | 780 | €53,269 | €22,509 | -€30,760 | -57.7% |
| Transfer to deferred taxes | 680 | - | €58,767 | +€58,767 | |
| Profit (loss) for the period | 9904 | -€7,048 | €149,771 | +€156,819 | |
| Transfer from tax-exempt reserves | 789 | €159,808 | €67,527 | -€92,280 | -57.7% |
| Transfer to tax-exempt reserves | 689 | - | €176,300 | +€176,300 | |
| Profit (loss) for the period to be appropriated | 9905 | €152,760 | €40,998 | -€111,762 | -73.2% |
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.