DE BROUWER 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.
DE BROUWER IMMO
Largest movements
- Cash -€16,151
down €16,151 (-62.2%), from €25,955 to €9,804
mainly Debts after one year (-€46,966) and Investment in fixed assets (net) (-€20,934)
- Tangible fixed assets -€11,006
down €11,006 (-1.3%), from €832,782 to €821,777
- Debts after one year -€46,966
down €46,966 (-32.3%), from €145,269 to €98,303
- Profit (loss) carried forward +€15,813
up €15,813 (+99.1%), from €15,959 to €31,773
- Gross operating margin +€6,027
up €6,027 (+10.9%), from €55,385 to €61,412
- Financial charges -€2,461
down €2,461 (-36.1%), from €6,823 to €4,362
- Other operating charges -€1,480
down €1,480 (-14.5%), from €10,181 to €8,701
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 | €859,733 | €833,739 | -€25,995 | -3.0% |
| Fixed assets | 21/28 | €832,782 | €821,777 | -€11,006 | -1.3% |
| Tangible fixed assets | 22/27 | €832,782 | €821,777 | -€11,006 | -1.3% |
| Land and buildings | 22 | €832,782 | €821,777 | -€11,006 | -1.3% |
| Current assets | 29/58 | €26,951 | €11,962 | -€14,989 | -55.6% |
| Amounts receivable within one year | 40/41 | €996 | €1,481 | +€485 | +48.6% |
| Trade receivables | 40 | €267 | €267 | = | 0.0% |
| Other amounts receivable | 41 | €729 | €1,214 | +€485 | +66.4% |
| Cash at bank and in hand | 54/58 | €25,955 | €9,804 | -€16,151 | -62.2% |
| Deferred charges and accrued income | 490/1 | €0 | €677 | +€677 | |
| Total equity and liabilities | 10/49 | €859,733 | €833,739 | -€25,995 | -3.0% |
| Equity | 10/15 | €666,959 | €682,773 | +€15,813 | +2.4% |
| Contributions | 10/11 | €650,900 | €650,900 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,959 | €31,773 | +€15,813 | +99.1% |
| Amounts payable | 17/49 | €192,774 | €150,966 | -€41,808 | -21.7% |
| Amounts payable after more than one year | 17 | €145,269 | €98,303 | -€46,966 | -32.3% |
| Financial debts | 170/4 | €145,269 | €98,303 | -€46,966 | -32.3% |
| Amounts payable within one year | 42/48 | €47,505 | €52,663 | +€5,158 | +10.9% |
| Current portion of amounts payable after more than one year | 42 | €45,817 | €46,966 | +€1,149 | +2.5% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €1,688 | €5,697 | +€4,009 | +238% |
| Taxes | 450/3 | €1,688 | €2,997 | +€1,309 | +77.6% |
| Remuneration and social security | 454/9 | - | €2,700 | +€2,700 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,331 | €31,939 | -€391 | -1.2% |
| Other operating charges | 640/8 | €10,181 | €8,701 | -€1,480 | -14.5% |
| Gross operating margin | 9900 | €55,385 | €61,412 | +€6,027 | +10.9% |
| Operating profit (loss) | 9901 | €12,874 | €20,772 | +€7,898 | +61.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €6,823 | €4,362 | -€2,461 | -36.1% |
| Recurring financial charges | 65 | €6,823 | €4,362 | -€2,461 | -36.1% |
| Profit (loss) for the period before taxes | 9903 | €6,051 | €16,410 | +€10,359 | +171% |
| Income taxes | 67/77 | - | €597 | +€597 | |
| Profit (loss) for the period | 9904 | €6,051 | €15,813 | +€9,763 | +161% |
| Profit (loss) for the period to be appropriated | 9905 | €6,051 | €15,813 | +€9,763 | +161% |
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.