Vastgoedkantoor Devriese: 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.
Vastgoedkantoor Devriese
Largest movements
- Tangible fixed assets +€323,193
up €323,193 (+26.6%), from €1.2m to €1.5m
of which Land and buildings: +€311,679
- Cash -€109,496
down €109,496 (-49.4%), from €221,720 to €112,224
mainly Investment in fixed assets (net) (-€382,560) and Other debts (-€37,175)
- Receivables within one year -€48,345
down €48,345 (-24.6%), from €196,786 to €148,441
of which Other amounts receivable: -€43,462
- Debts after one year +€107,817
up €107,817 (+21.5%), from €501,038 to €608,856
- Short-term financial debts +€100,000
up €100,000 (+750%), from €13,333 to €113,333
- Other debts -€37,175
down €37,175 (-70.2%), from €52,989 to €15,815
- Gross operating margin -€45,832
down €45,832 (-16.0%), from €287,006 to €241,174
- Write-downs +€41,157
up €41,157, from -€2,508 to €38,649
- Depreciation -€32,695
down €32,695 (-35.5%), from €92,061 to €59,366
- Taxes -€17,936
down €17,936 (-70.7%), from €25,385 to €7,448
- Financial charges -€3,990
down €3,990 (-13.4%), from €29,781 to €25,792
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,972,922 | €2,145,693 | +€172,771 | +8.8% |
| Fixed assets | 21/28 | €1,224,210 | €1,547,403 | +€323,193 | +26.4% |
| Tangible fixed assets | 22/27 | €1,216,276 | €1,539,469 | +€323,193 | +26.6% |
| Land and buildings | 22 | €1,156,213 | €1,467,892 | +€311,679 | +27.0% |
| Plant, machinery and equipment | 23 | €17,677 | €15,749 | -€1,928 | -10.9% |
| Furniture and vehicles | 24 | €42,386 | €55,828 | +€13,442 | +31.7% |
| Financial fixed assets | 28 | €7,934 | €7,934 | = | 0.0% |
| Current assets | 29/58 | €748,713 | €598,291 | -€150,422 | -20.1% |
| Stocks and contracts in progress | 3 | €159,444 | €165,228 | +€5,784 | +3.6% |
| Stocks | 30/36 | €159,444 | €165,228 | +€5,784 | +3.6% |
| Amounts receivable within one year | 40/41 | €196,786 | €148,441 | -€48,345 | -24.6% |
| Trade receivables | 40 | €98,462 | €93,578 | -€4,883 | -5.0% |
| Other amounts receivable | 41 | €98,324 | €54,862 | -€43,462 | -44.2% |
| Current investments | 50/53 | €170,000 | €170,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €221,720 | €112,224 | -€109,496 | -49.4% |
| Deferred charges and accrued income | 490/1 | €763 | €2,398 | +€1,635 | +214% |
| Total equity and liabilities | 10/49 | €1,972,922 | €2,145,693 | +€172,771 | +8.8% |
| Equity | 10/15 | €1,243,807 | €1,226,675 | -€17,131 | -1.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,225,207 | €1,208,075 | -€17,131 | -1.4% |
| Distributable reserves | 133 | €1,225,207 | €1,208,075 | -€17,131 | -1.4% |
| Amounts payable | 17/49 | €729,116 | €919,018 | +€189,902 | +26.0% |
| Amounts payable after more than one year | 17 | €501,038 | €608,856 | +€107,817 | +21.5% |
| Financial debts | 170/4 | €501,038 | €608,856 | +€107,817 | +21.5% |
| Amounts payable within one year | 42/48 | €228,077 | €310,162 | +€82,085 | +36.0% |
| Current portion of amounts payable after more than one year | 42 | €81,279 | €89,666 | +€8,387 | +10.3% |
| Financial debts | 43 | €13,333 | €113,333 | +€100,000 | +750% |
| Credit institutions | 430/8 | €13,333 | €113,333 | +€100,000 | +750% |
| Trade debts | 44 | €42,259 | €50,105 | +€7,846 | +18.6% |
| Suppliers | 440/4 | €42,259 | €50,105 | +€7,846 | +18.6% |
| Taxes, remuneration and social security | 45 | €38,217 | €41,243 | +€3,027 | +7.9% |
| Taxes | 450/3 | €13,902 | €16,852 | +€2,951 | +21.2% |
| Remuneration and social security | 454/9 | €24,315 | €24,391 | +€76 | +0.3% |
| Other amounts payable | 47/48 | €52,989 | €15,815 | -€37,175 | -70.2% |
| Non-recurring operating income | 76A | €2,250 | - | -€2,250 | |
| Remuneration, social security and pensions | 62 | €100,960 | €100,432 | -€528 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,061 | €59,366 | -€32,695 | -35.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,508 | €38,649 | +€41,157 | |
| Other operating charges | 640/8 | €7,363 | €10,453 | +€3,090 | +42.0% |
| Gross operating margin | 9900 | €287,006 | €241,174 | -€45,832 | -16.0% |
| Operating profit (loss) | 9901 | €89,129 | €32,273 | -€56,857 | -63.8% |
| Financial income | 75/76B | €2,302 | €5,336 | +€3,034 | +132% |
| Recurring financial income | 75 | €2,302 | €5,336 | +€3,034 | +132% |
| Financial charges | 65/66B | €29,781 | €25,792 | -€3,990 | -13.4% |
| Recurring financial charges | 65 | €29,781 | €25,792 | -€3,990 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €61,650 | €11,817 | -€49,833 | -80.8% |
| Income taxes | 67/77 | €25,385 | €7,448 | -€17,936 | -70.7% |
| Profit (loss) for the period | 9904 | €36,266 | €4,369 | -€31,897 | -88.0% |
| Transfer from tax-exempt reserves | 789 | €18,750 | - | -€18,750 | |
| Profit (loss) for the period to be appropriated | 9905 | €55,016 | €4,369 | -€50,647 | -92.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.