DEANGRIMMO: 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.
What changed
DEANGRIMMO
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€244,262
2024 · -€127,439-€116,824
Equity
€2.4m
2024 · €2.6m-€244,262
Cash
€415,971
2024 · €23,514+€392,457
Balance sheet total
€4.5m
2024 · €4.1m+€319,560
Largest movements
Assets
- Cash +€392,457
up €392,457 (+1669.0%), from €23,514 to €415,971
mainly Debts after one year (+€810,466) and Depreciation (+€295,508)
Equity and liabilities
- Debts after one year +€810,466
up €810,466 (+105.6%), from €767,369 to €1.6m
of which Financial debts: +€804,938
- Reserves -€547,822
down €547,822 (-32.5%), from €1.7m to €1.1m
of which Tax-exempt reserves: -€547,822
- Profit (loss) carried forward +€303,559
up €303,559 (+51.7%), from -€586,951 to -€283,392
- Provisions -€238,359
down €238,359 (-39.9%), from €598,089 to €359,730
of which Deferred taxes: -€182,607
- Current portion of long-term debt -€61,758
down €61,758 (-58.9%), from €104,796 to €43,039
Income statement
- Depreciation +€78,649
up €78,649 (+36.3%), from €216,859 to €295,508
- Other operating charges -€55,071
down €55,071 (-39.3%), from €140,283 to €85,212
- Write-downs +€49,070
new in 2025: €49,070
- Gross operating margin +€19,957
up €19,957 (+8.2%), from €243,051 to €263,008
- Financial charges +€11,285
up €11,285 (+43.0%), from €26,225 to €37,509
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.
Result 2024
-€127,439
Gross operating margin
+€19,957
Staff costs
+€229
Depreciation
-€78,649
Write-downs
-€49,070
Other operating charges
+€55,071
Other operating items
-€211,876
Financial income
+€1,367
Financial charges
-€11,285
Taxes
-€447
Deferred taxes and other
+€157,879
Result 2025
-€244,262
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.
From operations
-€97,570
Investment
-€258,682
Financing
+€748,709
Cash 2024
€23,514
From operations (derived)
-€97,570
Net result for the year
-€244,262
Depreciation
+€295,508
Receivables within one year
+€39,974
Deferred charges and accrued income
-€3,904
Provisions
-€238,359
Trade debts
-€3,772
Tax, wage and social debts
+€3,691
Other debts
+€44,087
Accrued charges and deferred income
+€9,467
Investment (derived)
-€258,682
Investment in fixed assets (net)
-€258,682
Financing
+€748,709
Debts after one year
+€810,466
Current portion of long-term debt
-€61,758
Cash 2025
€415,971
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,140,842 | €4,460,402 | +€319,560 | +7.7% |
| Fixed assets | 21/28 | €4,027,733 | €3,990,906 | -€36,827 | -0.9% |
| Tangible fixed assets | 22/27 | €4,027,097 | €3,990,199 | -€36,898 | -0.9% |
| Land and buildings | 22 | €3,678,088 | €3,605,302 | -€72,786 | -2.0% |
| Plant, machinery and equipment | 23 | €345,901 | €326,845 | -€19,056 | -5.5% |
| Furniture and vehicles | 24 | €3,108 | €58,052 | +€54,944 | +1767.9% |
| Financial fixed assets | 28 | €636 | €708 | +€72 | +11.3% |
| Current assets | 29/58 | €113,109 | €469,496 | +€356,387 | +315.1% |
| Amounts receivable within one year | 40/41 | €76,325 | €36,351 | -€39,974 | -52.4% |
| Trade receivables | 40 | €75,075 | €36,351 | -€38,724 | -51.6% |
| Other amounts receivable | 41 | €1,250 | - | -€1,250 | |
| Cash at bank and in hand | 54/58 | €23,514 | €415,971 | +€392,457 | +1669.0% |
| Deferred charges and accrued income | 490/1 | €13,270 | €17,173 | +€3,904 | +29.4% |
| Total equity and liabilities | 10/49 | €4,140,842 | €4,460,402 | +€319,560 | +7.7% |
| Equity | 10/15 | €2,625,417 | €2,381,154 | -€244,262 | -9.3% |
| Contributions | 10/11 | €1,527,868 | €1,527,868 | = | 0.0% |
| Capital | 10 | €1,527,868 | €1,527,868 | = | 0.0% |
| Issued capital | 100 | €1,527,868 | €1,527,868 | = | 0.0% |
| Reserves | 13 | €1,684,500 | €1,136,678 | -€547,822 | -32.5% |
| Non-distributable reserves | 130/1 | €135,000 | €135,000 | = | 0.0% |
| Legal reserve | 130 | €135,000 | €135,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,319,500 | €771,678 | -€547,822 | -41.5% |
| Distributable reserves | 133 | €230,000 | €230,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€586,951 | -€283,392 | +€303,559 | +51.7% |
| Provisions and deferred taxes | 16 | €598,089 | €359,730 | -€238,359 | -39.9% |
| Provisions for liabilities and charges | 160/5 | €158,256 | €102,504 | -€55,752 | -35.2% |
| Other liabilities and charges | 164/5 | €158,256 | €102,504 | -€55,752 | -35.2% |
| Deferred taxes | 168 | €439,833 | €257,226 | -€182,607 | -41.5% |
| Amounts payable | 17/49 | €917,336 | €1,719,518 | +€802,182 | +87.4% |
| Amounts payable after more than one year | 17 | €767,369 | €1,577,835 | +€810,466 | +105.6% |
| Financial debts | 170/4 | €767,369 | €1,572,307 | +€804,938 | +104.9% |
| Other amounts payable | 178/9 | - | €5,529 | +€5,529 | |
| Amounts payable within one year | 42/48 | €149,967 | €132,215 | -€17,752 | -11.8% |
| Current portion of amounts payable after more than one year | 42 | €104,796 | €43,039 | -€61,758 | -58.9% |
| Trade debts | 44 | €13,809 | €10,036 | -€3,772 | -27.3% |
| Suppliers | 440/4 | €13,809 | €10,036 | -€3,772 | -27.3% |
| Taxes, remuneration and social security | 45 | €2,263 | €5,954 | +€3,691 | +163.1% |
| Taxes | 450/3 | €952 | €3,000 | +€2,048 | +215.0% |
| Remuneration and social security | 454/9 | €1,311 | €2,954 | +€1,644 | +125.4% |
| Other amounts payable | 47/48 | €29,100 | €73,186 | +€44,087 | +151.5% |
| Accrued charges and deferred income | 492/3 | - | €9,467 | +€9,467 | |
| Non-recurring operating income | 76A | - | €15,534 | +€15,534 | |
| Remuneration, social security and pensions | 62 | €11,972 | €11,743 | -€229 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €216,859 | €295,508 | +€78,649 | +36.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €49,070 | +€49,070 | |
| Other operating charges | 640/8 | €140,283 | €85,212 | -€55,071 | -39.3% |
| Non-recurring operating charges | 66A | - | €211,876 | +€211,876 | |
| Gross operating margin | 9900 | €243,051 | €263,008 | +€19,957 | +8.2% |
| Operating profit (loss) | 9901 | -€126,064 | -€390,403 | -€264,339 | -209.7% |
| Financial income | 75/76B | €122 | €1,489 | +€1,367 | +1119.8% |
| Recurring financial income | 75 | €122 | €1,489 | +€1,367 | +1119.8% |
| Financial charges | 65/66B | €26,225 | €37,509 | +€11,285 | +43.0% |
| Recurring financial charges | 65 | €26,225 | €37,509 | +€11,285 | +43.0% |
| Profit (loss) for the period before taxes | 9903 | -€152,167 | -€426,423 | -€274,256 | -180.2% |
| Transfer from deferred taxes | 780 | €24,728 | €182,607 | +€157,879 | +638.5% |
| Income taxes | 67/77 | - | €447 | +€447 | |
| Profit (loss) for the period | 9904 | -€127,439 | -€244,262 | -€116,824 | -91.7% |
| Transfer from tax-exempt reserves | 789 | €74,184 | €547,822 | +€473,638 | +638.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€53,255 | €303,559 | +€356,814 |
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 6 October 2026 via checked.be.