D.R.D. IMMO: 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.
D.R.D. IMMO
Largest movements
- Cash +€23,217
up €23,217 (+13.4%), from €173,692 to €196,910
mainly Depreciation (+€35,198) and Net result for the year (+€25,870)
- Tangible fixed assets -€20,070
down €20,070 (-2.4%), from €851,049 to €830,979
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€10,433
up €10,433 (+7.9%), from €132,171 to €142,604
- Depreciation -€1,927
down €1,927 (-5.2%), from €37,125 to €35,198
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 | €1,033,311 | €1,038,805 | +€5,494 | +0.5% |
| Fixed assets | 21/28 | €851,049 | €830,979 | -€20,070 | -2.4% |
| Tangible fixed assets | 22/27 | €851,049 | €830,979 | -€20,070 | -2.4% |
| Land and buildings | 22 | €851,049 | €830,979 | -€20,070 | -2.4% |
| Current assets | 29/58 | €182,262 | €207,826 | +€25,564 | +14.0% |
| Amounts receivable within one year | 40/41 | €8,569 | €10,916 | +€2,347 | +27.4% |
| Trade receivables | 40 | €1,500 | €1,500 | = | 0.0% |
| Other amounts receivable | 41 | €7,069 | €9,416 | +€2,347 | +33.2% |
| Cash at bank and in hand | 54/58 | €173,692 | €196,910 | +€23,217 | +13.4% |
| Total equity and liabilities | 10/49 | €1,033,311 | €1,038,805 | +€5,494 | +0.5% |
| Equity | 10/15 | €437,086 | €440,455 | +€3,370 | +0.8% |
| Contributions | 10/11 | €160,000 | €160,000 | = | 0.0% |
| Capital | 10 | €160,000 | €160,000 | = | 0.0% |
| Issued capital | 100 | €160,000 | €160,000 | = | 0.0% |
| Revaluation surpluses | 12 | €165,700 | €165,700 | = | 0.0% |
| Reserves | 13 | €111,385 | €114,755 | +€3,370 | +3.0% |
| Non-distributable reserves | 130/1 | €16,000 | €16,000 | = | 0.0% |
| Legal reserve | 130 | €16,000 | €16,000 | = | 0.0% |
| Distributable reserves | 133 | €95,385 | €98,755 | +€3,370 | +3.5% |
| Amounts payable | 17/49 | €596,226 | €598,349 | +€2,124 | +0.4% |
| Amounts payable after more than one year | 17 | €492,400 | €492,400 | = | 0.0% |
| Financial debts | 170/4 | €492,400 | €492,400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €79,563 | €82,748 | +€3,185 | +4.0% |
| Trade debts | 44 | €1,603 | €10,196 | +€8,592 | +536% |
| Suppliers | 440/4 | €1,603 | €10,196 | +€8,592 | +536% |
| Taxes, remuneration and social security | 45 | €1,444 | - | -€1,444 | |
| Taxes | 450/3 | €1,444 | - | -€1,444 | |
| Other amounts payable | 47/48 | €76,516 | €72,553 | -€3,963 | -5.2% |
| Accrued charges and deferred income | 492/3 | €24,262 | €23,201 | -€1,061 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,125 | €35,198 | -€1,927 | -5.2% |
| Other operating charges | 640/8 | €33,008 | €34,040 | +€1,033 | +3.1% |
| Gross operating margin | 9900 | €132,171 | €142,604 | +€10,433 | +7.9% |
| Operating profit (loss) | 9901 | €62,039 | €73,365 | +€11,326 | +18.3% |
| Financial income | 75/76B | €1,591 | €1,061 | -€530 | -33.3% |
| Recurring financial income | 75 | €1,591 | €1,061 | -€530 | -33.3% |
| Financial charges | 65/66B | €40,956 | €39,932 | -€1,024 | -2.5% |
| Recurring financial charges | 65 | €40,956 | €39,932 | -€1,024 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | €22,673 | €34,493 | +€11,820 | +52.1% |
| Income taxes | 67/77 | €7,214 | €8,623 | +€1,409 | +19.5% |
| Profit (loss) for the period | 9904 | €15,459 | €25,870 | +€10,411 | +67.3% |
| Profit (loss) for the period to be appropriated | 9905 | €15,459 | €25,870 | +€10,411 | +67.3% |
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 18 October 2026 via checked.be.