D-IMMO: 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.
D-IMMO
Largest movements
- Stocks and contracts -€862,256
down €862,256 (-29.6%), from €2.9m to €2.0m
- Receivables within one year +€630,576
up €630,576 (+16.0%), from €3.9m to €4.6m
of which Other amounts receivable: +€630,576
- Financial fixed assets +€215,350
up €215,350 (+6.8%), from €3.2m to €3.4m
- Short-term financial debts +€2.1m
new in 2025: €2.1m
- Debts after one year -€1.6m
down €1.6m (-16.1%), from €9.9m to €8.3m
of which Financial debts: -€1.6m
- Profit (loss) carried forward -€557,446
down €557,446 (-325.0%), from -€171,508 to -€728,954
- Gross operating margin -€485,190
down €485,190 (-259.8%), from -€186,774 to -€671,964
- Financial income +€13,928
up €13,928 (+6.9%), from €201,448 to €215,375
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.
Cash bridge derived
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 | €10,028,252 | €10,021,584 | -€6,668 | -0.1% |
| Fixed assets | 21/28 | €3,177,848 | €3,393,199 | +€215,350 | +6.8% |
| Financial fixed assets | 28 | €3,177,848 | €3,393,199 | +€215,350 | +6.8% |
| Current assets | 29/58 | €6,850,404 | €6,628,385 | -€222,018 | -3.2% |
| Stocks and contracts in progress | 3 | €2,911,684 | €2,049,428 | -€862,256 | -29.6% |
| Stocks | 30/36 | €2,911,684 | €2,049,428 | -€862,256 | -29.6% |
| Amounts receivable within one year | 40/41 | €3,937,047 | €4,567,623 | +€630,576 | +16.0% |
| Trade receivables | 40 | €963,253 | €963,253 | = | 0.0% |
| Other amounts receivable | 41 | €2,973,794 | €3,604,370 | +€630,576 | +21.2% |
| Cash at bank and in hand | 54/58 | €1,673 | €11,335 | +€9,662 | +577.6% |
| Total equity and liabilities | 10/49 | €10,028,252 | €10,021,584 | -€6,668 | -0.1% |
| Equity | 10/15 | €78,492 | -€478,954 | -€557,446 | |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€171,508 | -€728,954 | -€557,446 | -325.0% |
| Amounts payable | 17/49 | €9,949,760 | €10,500,538 | +€550,778 | +5.5% |
| Amounts payable after more than one year | 17 | €9,904,334 | €8,309,065 | -€1.6m | -16.1% |
| Financial debts | 170/4 | €9,902,734 | €8,307,465 | -€1.6m | -16.1% |
| Other amounts payable | 178/9 | €1,600 | €1,600 | = | 0.0% |
| Amounts payable within one year | 42/48 | €45,426 | €2,191,426 | +€2.1m | +4724.2% |
| Financial debts | 43 | - | €2,146,243 | +€2.1m | |
| Credit institutions | 430/8 | - | €2,146,243 | +€2.1m | |
| Trade debts | 44 | €35,842 | €36,191 | +€349 | +1.0% |
| Suppliers | 440/4 | €35,842 | €36,191 | +€349 | +1.0% |
| Taxes, remuneration and social security | 45 | €9,584 | €8,992 | -€592 | -6.2% |
| Taxes | 450/3 | €9,584 | €8,992 | -€592 | -6.2% |
| Accrued charges and deferred income | 492/3 | - | €46 | +€46 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,984 | - | -€1,984 | |
| Other operating charges | 640/8 | €1,949 | €998 | -€951 | -48.8% |
| Non-recurring operating charges | 66A | - | €91,650 | +€91,650 | |
| Gross operating margin | 9900 | -€186,774 | -€671,964 | -€485,190 | -259.8% |
| Operating profit (loss) | 9901 | -€190,707 | -€764,612 | -€573,905 | -300.9% |
| Financial income | 75/76B | €201,448 | €215,375 | +€13,928 | +6.9% |
| Recurring financial income | 75 | €201,448 | €215,375 | +€13,928 | +6.9% |
| Financial charges | 65/66B | €11,265 | €8,210 | -€3,055 | -27.1% |
| Recurring financial charges | 65 | €11,265 | €8,210 | -€3,055 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | -€524 | -€557,446 | -€556,922 | -106248.4% |
| Profit (loss) for the period | 9904 | -€524 | -€557,446 | -€556,922 | -106248.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€524 | -€557,446 | -€556,922 | -106248.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.