DDM 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.
DDM IMMO
Largest movements
- Tangible fixed assets +€392,367
up €392,367 (+170.3%), from €230,419 to €622,786
of which Land and buildings: +€390,641
- Debts after one year +€447,034
up €447,034 (+250.9%), from €178,146 to €625,180
of which Financial debts: +€383,021
- Profit (loss) carried forward -€64,551
new in 2025: -€64,551
- Current portion of long-term debt +€21,156
up €21,156 (+133.7%), from €15,823 to €36,979
- Other debts -€10,045
no longer reported in 2025 (was €10,045)
- Other operating charges +€50,420
up €50,420 (+1301.8%), from €3,873 to €54,293
- Gross operating margin -€17,116
down €17,116 (-41.8%), from €40,905 to €23,789
- Depreciation +€11,121
up €11,121 (+113.1%), from €9,837 to €20,958
- Financial charges +€9,973
up €9,973 (+321.3%), from €3,104 to €13,077
- Taxes -€6,567
down €6,567 (-99.8%), from €6,580 to €13
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 | €289,243 | €679,044 | +€389,801 | +134.8% |
| Formation expenses | 20 | €27,724 | €26,777 | -€947 | -3.4% |
| Fixed assets | 21/28 | €236,419 | €625,786 | +€389,367 | +164.7% |
| Tangible fixed assets | 22/27 | €230,419 | €622,786 | +€392,367 | +170.3% |
| Land and buildings | 22 | €224,615 | €615,255 | +€390,641 | +173.9% |
| Plant, machinery and equipment | 23 | €2,478 | €1,545 | -€933 | -37.7% |
| Furniture and vehicles | 24 | €3,327 | €5,986 | +€2,659 | +79.9% |
| Financial fixed assets | 28 | €6,000 | €3,000 | -€3,000 | -50.0% |
| Current assets | 29/58 | €25,099 | €26,480 | +€1,381 | +5.5% |
| Amounts receivable within one year | 40/41 | €9,187 | €13,218 | +€4,031 | +43.9% |
| Trade receivables | 40 | - | €264 | +€264 | |
| Other amounts receivable | 41 | €9,187 | €12,955 | +€3,768 | +41.0% |
| Cash at bank and in hand | 54/58 | €15,912 | €12,397 | -€3,515 | -22.1% |
| Deferred charges and accrued income | 490/1 | - | €865 | +€865 | |
| Total equity and liabilities | 10/49 | €289,243 | €679,044 | +€389,801 | +134.8% |
| Equity | 10/15 | €74,872 | €10,320 | -€64,551 | -86.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €54,872 | €54,872 | = | 0.0% |
| Distributable reserves | 133 | €54,872 | €54,872 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€64,551 | -€64,551 | |
| Amounts payable | 17/49 | €214,371 | €668,723 | +€454,352 | +211.9% |
| Amounts payable after more than one year | 17 | €178,146 | €625,180 | +€447,034 | +250.9% |
| Financial debts | 170/4 | €178,146 | €561,167 | +€383,021 | +215.0% |
| Other amounts payable | 178/9 | - | €64,012 | +€64,012 | |
| Amounts payable within one year | 42/48 | €36,225 | €43,544 | +€7,318 | +20.2% |
| Current portion of amounts payable after more than one year | 42 | €15,823 | €36,979 | +€21,156 | +133.7% |
| Taxes, remuneration and social security | 45 | €10,358 | €6,565 | -€3,793 | -36.6% |
| Taxes | 450/3 | €10,358 | €6,565 | -€3,793 | -36.6% |
| Other amounts payable | 47/48 | €10,045 | - | -€10,045 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,837 | €20,958 | +€11,121 | +113.1% |
| Other operating charges | 640/8 | €3,873 | €54,293 | +€50,420 | +1301.8% |
| Gross operating margin | 9900 | €40,905 | €23,789 | -€17,116 | -41.8% |
| Operating profit (loss) | 9901 | €27,195 | -€51,462 | -€78,657 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,104 | €13,077 | +€9,973 | +321.3% |
| Recurring financial charges | 65 | €3,104 | €13,077 | +€9,973 | +321.3% |
| Profit (loss) for the period before taxes | 9903 | €24,092 | -€64,539 | -€88,630 | |
| Income taxes | 67/77 | €6,580 | €13 | -€6,567 | -99.8% |
| Profit (loss) for the period | 9904 | €17,511 | -€64,551 | -€82,063 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,511 | -€64,551 | -€82,063 |
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 1 October 2026 via checked.be.