DE IMMOWINKEL: 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 IMMOWINKEL
Largest movements
- Receivables within one year -€300,578
down €300,578 (-76.7%), from €391,803 to €91,225
of which Other amounts receivable: -€228,501
- Intangible fixed assets -€23,847
down €23,847 (-16.7%), from €142,443 to €118,596
- Cash +€10,113
up €10,113 (+27.8%), from €36,319 to €46,432
mainly Receivables within one year (+€300,578) and Depreciation (+€40,250)
- Trade debts -€300,862
down €300,862 (-71.6%), from €420,107 to €119,245
- Debts after one year -€21,157
down €21,157 (-31.1%), from €68,125 to €46,968
- Profit (loss) carried forward +€14,928
up €14,928, from -€14,928 to €0
- Reserves -€14,697
down €14,697 (-29.7%), from €49,435 to €34,738
- Other debts +€6,654
up €6,654 (+43.0%), from €15,468 to €22,122
- Gross operating margin +€18,665
up €18,665 (+52.8%), from €35,326 to €53,991
- Other operating charges -€7,422
down €7,422 (-81.7%), from €9,083 to €1,662
- Financial charges -€5,442
down €5,442 (-55.7%), from €9,776 to €4,335
- Depreciation -€4,785
down €4,785 (-10.6%), from €45,035 to €40,250
- Taxes +€2,374
up €2,374, from €0 to €2,374
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 | €570,564 | €256,252 | -€314,312 | -55.1% |
| Fixed assets | 21/28 | €142,443 | €118,596 | -€23,847 | -16.7% |
| Intangible fixed assets | 21 | €142,443 | €118,596 | -€23,847 | -16.7% |
| Current assets | 29/58 | €428,122 | €137,656 | -€290,465 | -67.8% |
| Amounts receivable within one year | 40/41 | €391,803 | €91,225 | -€300,578 | -76.7% |
| Trade receivables | 40 | €162,779 | €90,702 | -€72,077 | -44.3% |
| Other amounts receivable | 41 | €229,024 | €523 | -€228,501 | -99.8% |
| Cash at bank and in hand | 54/58 | €36,319 | €46,432 | +€10,113 | +27.8% |
| Total equity and liabilities | 10/49 | €570,564 | €256,252 | -€314,312 | -55.1% |
| Equity | 10/15 | €43,576 | €43,807 | +€231 | +0.5% |
| Contributions | 10/11 | €9,069 | €9,069 | = | 0.0% |
| Reserves | 13 | €49,435 | €34,738 | -€14,697 | -29.7% |
| Distributable reserves | 133 | €49,435 | €34,738 | -€14,697 | -29.7% |
| Profit (loss) carried forward | 14 | -€14,928 | €0 | +€14,928 | |
| Amounts payable | 17/49 | €526,988 | €212,445 | -€314,543 | -59.7% |
| Amounts payable after more than one year | 17 | €68,125 | €46,968 | -€21,157 | -31.1% |
| Financial debts | 170/4 | €68,125 | €46,968 | -€21,157 | -31.1% |
| Amounts payable within one year | 42/48 | €458,863 | €165,476 | -€293,386 | -63.9% |
| Current portion of amounts payable after more than one year | 42 | €20,305 | €21,157 | +€852 | +4.2% |
| Trade debts | 44 | €420,107 | €119,245 | -€300,862 | -71.6% |
| Suppliers | 440/4 | €420,107 | €119,245 | -€300,862 | -71.6% |
| Advances received on contracts in progress | 46 | €2,320 | €0 | -€2,320 | -100% |
| Taxes, remuneration and social security | 45 | €663 | €2,953 | +€2,290 | +345% |
| Taxes | 450/3 | €663 | €2,953 | +€2,290 | +345% |
| Other amounts payable | 47/48 | €15,468 | €22,122 | +€6,654 | +43.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,035 | €40,250 | -€4,785 | -10.6% |
| Other operating charges | 640/8 | €9,083 | €1,662 | -€7,422 | -81.7% |
| Gross operating margin | 9900 | €35,326 | €53,991 | +€18,665 | +52.8% |
| Operating profit (loss) | 9901 | -€18,792 | €12,080 | +€30,872 | |
| Financial income | 75/76B | €8,705 | €10,847 | +€2,141 | +24.6% |
| Recurring financial income | 75 | €8,705 | €10,847 | +€2,141 | +24.6% |
| Financial charges | 65/66B | €9,776 | €4,335 | -€5,442 | -55.7% |
| Recurring financial charges | 65 | €9,776 | €4,335 | -€5,442 | -55.7% |
| Profit (loss) for the period before taxes | 9903 | -€19,864 | €18,592 | +€38,455 | |
| Income taxes | 67/77 | €0 | €2,374 | +€2,374 | |
| Profit (loss) for the period | 9904 | -€19,864 | €16,218 | +€36,081 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,864 | €16,218 | +€36,081 |
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 20 October 2026 via checked.be.