DELROSA 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.
DELROSA IMMO
Largest movements
- Tangible fixed assets -€19,986
down €19,986 (-3.8%), from €520,396 to €500,410
of which Land and buildings: -€19,250
- Profit (loss) carried forward -€40,478
down €40,478 (-8.5%), from -€475,778 to -€516,256
- Other debts +€36,101
up €36,101 (+36.4%), from €99,058 to €135,158
- Debts after one year -€10,465
down €10,465 (-12.8%), from €81,760 to €71,294
- Depreciation +€4,117
up €4,117 (+9.7%), from €42,593 to €46,710
- Gross operating margin -€3,255
down €3,255 (-24.2%), from €13,473 to €10,218
- Financial charges -€254
down €254 (-15.6%), from €1,630 to €1,376
- Other operating charges -€158
down €158 (-5.7%), from €2,768 to €2,610
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 | €520,770 | €506,100 | -€14,670 | -2.8% |
| Fixed assets | 21/28 | €520,396 | €500,410 | -€19,986 | -3.8% |
| Tangible fixed assets | 22/27 | €520,396 | €500,410 | -€19,986 | -3.8% |
| Land and buildings | 22 | €496,542 | €477,293 | -€19,250 | -3.9% |
| Plant, machinery and equipment | 23 | €760 | €407 | -€353 | -46.5% |
| Furniture and vehicles | 24 | €23,093 | €22,710 | -€383 | -1.7% |
| Current assets | 29/58 | €374 | €5,690 | +€5,316 | +1,421% |
| Amounts receivable within one year | 40/41 | - | €4,909 | +€4,909 | |
| Trade receivables | 40 | - | €4,909 | +€4,909 | |
| Cash at bank and in hand | 54/58 | €70 | €28 | -€42 | -59.8% |
| Deferred charges and accrued income | 490/1 | €305 | €754 | +€449 | +147% |
| Total equity and liabilities | 10/49 | €520,770 | €506,100 | -€14,670 | -2.8% |
| Equity | 10/15 | €329,215 | €288,737 | -€40,478 | -12.3% |
| Contributions | 10/11 | €148,736 | €148,736 | = | 0.0% |
| Capital | 10 | €148,736 | €148,736 | = | 0.0% |
| Issued capital | 100 | €148,736 | €148,736 | = | 0.0% |
| Revaluation surpluses | 12 | €552,028 | €552,028 | = | 0.0% |
| Reserves | 13 | €104,229 | €104,229 | = | 0.0% |
| Non-distributable reserves | 130/1 | €104,229 | €104,229 | = | 0.0% |
| Legal reserve | 130 | €5,673 | €5,673 | = | 0.0% |
| Reserves not available under the articles | 1311 | €98,556 | €98,556 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€475,778 | -€516,256 | -€40,478 | -8.5% |
| Amounts payable | 17/49 | €191,555 | €217,363 | +€25,808 | +13.5% |
| Amounts payable after more than one year | 17 | €81,760 | €71,294 | -€10,465 | -12.8% |
| Financial debts | 170/4 | €81,760 | €71,294 | -€10,465 | -12.8% |
| Amounts payable within one year | 42/48 | €109,796 | €146,069 | +€36,273 | +33.0% |
| Current portion of amounts payable after more than one year | 42 | €10,581 | €10,465 | -€115 | -1.1% |
| Trade debts | 44 | €157 | €445 | +€288 | +183% |
| Suppliers | 440/4 | €157 | €445 | +€288 | +183% |
| Other amounts payable | 47/48 | €99,058 | €135,158 | +€36,101 | +36.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,593 | €46,710 | +€4,117 | +9.7% |
| Other operating charges | 640/8 | €2,768 | €2,610 | -€158 | -5.7% |
| Gross operating margin | 9900 | €13,473 | €10,218 | -€3,255 | -24.2% |
| Operating profit (loss) | 9901 | -€31,888 | -€39,102 | -€7,214 | -22.6% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,630 | €1,376 | -€254 | -15.6% |
| Recurring financial charges | 65 | €1,630 | €1,376 | -€254 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | -€33,518 | -€40,478 | -€6,960 | -20.8% |
| Profit (loss) for the period | 9904 | -€33,518 | -€40,478 | -€6,960 | -20.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,518 | -€40,478 | -€6,960 | -20.8% |
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 17 October 2026 via checked.be.