D&S Ath 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&S Ath Immo
Largest movements
- Tangible fixed assets -€13,939
down €13,939 (-2.7%), from €518,493 to €504,554
- Debts after one year -€60,000
down €60,000 (-12.6%), from €475,000 to €415,000
- Profit (loss) carried forward +€38,544
up €38,544 (+94.0%), from -€41,015 to -€2,471
- Current portion of long-term debt +€10,000
up €10,000 (+33.3%), from €30,000 to €40,000
- Gross operating margin +€1,956
up €1,956 (+3.2%), from €61,106 to €63,062
- Financial charges -€942
down €942 (-8.6%), from €10,902 to €9,960
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 | €525,436 | €513,529 | -€11,907 | -2.3% |
| Fixed assets | 21/28 | €518,493 | €504,554 | -€13,939 | -2.7% |
| Tangible fixed assets | 22/27 | €518,493 | €504,554 | -€13,939 | -2.7% |
| Land and buildings | 22 | €518,493 | €504,554 | -€13,939 | -2.7% |
| Current assets | 29/58 | €6,943 | €8,975 | +€2,032 | +29.3% |
| Cash at bank and in hand | 54/58 | €6,943 | €8,975 | +€2,032 | +29.3% |
| Total equity and liabilities | 10/49 | €525,436 | €513,529 | -€11,907 | -2.3% |
| Equity | 10/15 | €18,985 | €57,529 | +€38,544 | +203% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,015 | -€2,471 | +€38,544 | +94.0% |
| Amounts payable | 17/49 | €506,451 | €456,000 | -€50,451 | -10.0% |
| Amounts payable after more than one year | 17 | €475,000 | €415,000 | -€60,000 | -12.6% |
| Financial debts | 170/4 | €475,000 | €415,000 | -€60,000 | -12.6% |
| Amounts payable within one year | 42/48 | €31,064 | €41,000 | +€9,936 | +32.0% |
| Current portion of amounts payable after more than one year | 42 | €30,000 | €40,000 | +€10,000 | +33.3% |
| Trade debts | 44 | €1,064 | €1,000 | -€64 | -6.0% |
| Suppliers | 440/4 | €1,064 | €1,000 | -€64 | -6.0% |
| Accrued charges and deferred income | 492/3 | €387 | - | -€387 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,939 | €13,939 | = | 0.0% |
| Other operating charges | 640/8 | €593 | €619 | +€27 | +4.5% |
| Gross operating margin | 9900 | €61,106 | €63,062 | +€1,956 | +3.2% |
| Operating profit (loss) | 9901 | €46,574 | €48,503 | +€1,930 | +4.1% |
| Financial charges | 65/66B | €10,902 | €9,960 | -€942 | -8.6% |
| Recurring financial charges | 65 | €10,902 | €9,960 | -€942 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €35,672 | €38,544 | +€2,872 | +8.1% |
| Profit (loss) for the period | 9904 | €35,672 | €38,544 | +€2,872 | +8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €35,672 | €38,544 | +€2,872 | +8.1% |
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 26 October 2026 via checked.be.