Den Dries 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.
Den Dries Immo
Largest movements
- Cash +€159,566
up €159,566 (+241%), from €66,077 to €225,643
mainly Net result for the year (+€290,803) and Depreciation (+€89,420)
- Tangible fixed assets -€89,420
down €89,420 (-4.1%), from €2.2m to €2.1m
- Reserves +€280,000
up €280,000 (+35.6%), from €785,548 to €1.1m
of which Distributable reserves: +€280,000
- Current portion of long-term debt -€204,046
down €204,046 (-91.6%), from €222,873 to €18,827
- Debts after one year -€67,241
down €67,241 (-42.2%), from €159,471 to €92,230
of which Other amounts payable: -€67,241
- Tax, wage and social debts +€51,131
up €51,131 (+165%), from €30,950 to €82,081
- Gross operating margin +€50,608
up €50,608 (+9.9%), from €510,120 to €560,728
- Taxes +€27,343
up €27,343 (+25.6%), from €106,891 to €134,234
- Financial charges -€21,281
down €21,281 (-74.7%), from €28,478 to €7,198
- Depreciation -€10,772
down €10,772 (-10.8%), from €100,192 to €89,420
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 | €2,264,629 | €2,334,716 | +€70,087 | +3.1% |
| Fixed assets | 21/28 | €2,197,977 | €2,108,558 | -€89,420 | -4.1% |
| Tangible fixed assets | 22/27 | €2,197,977 | €2,108,558 | -€89,420 | -4.1% |
| Land and buildings | 22 | €2,197,977 | €2,108,558 | -€89,420 | -4.1% |
| Current assets | 29/58 | €66,652 | €226,158 | +€159,507 | +239% |
| Amounts receivable within one year | 40/41 | €507 | €446 | -€61 | -12.0% |
| Other amounts receivable | 41 | €507 | €446 | -€61 | -12.0% |
| Cash at bank and in hand | 54/58 | €66,077 | €225,643 | +€159,566 | +241% |
| Deferred charges and accrued income | 490/1 | €68 | €69 | +€1 | +2.0% |
| Total equity and liabilities | 10/49 | €2,264,629 | €2,334,716 | +€70,087 | +3.1% |
| Equity | 10/15 | €1,809,922 | €2,100,726 | +€290,803 | +16.1% |
| Contributions | 10/11 | €24,919 | €24,919 | = | 0.0% |
| Reserves | 13 | €785,548 | €1,065,548 | +€280,000 | +35.6% |
| Tax-exempt reserves | 132 | €7,067 | €7,067 | = | 0.0% |
| Distributable reserves | 133 | €778,482 | €1,058,482 | +€280,000 | +36.0% |
| Profit (loss) carried forward | 14 | €999,455 | €1,010,258 | +€10,803 | +1.1% |
| Amounts payable | 17/49 | €454,707 | €233,990 | -€220,717 | -48.5% |
| Amounts payable after more than one year | 17 | €159,471 | €92,230 | -€67,241 | -42.2% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €159,471 | €92,230 | -€67,241 | -42.2% |
| Amounts payable within one year | 42/48 | €288,940 | €135,911 | -€153,029 | -53.0% |
| Current portion of amounts payable after more than one year | 42 | €222,873 | €18,827 | -€204,046 | -91.6% |
| Trade debts | 44 | €2,329 | €1,445 | -€884 | -38.0% |
| Suppliers | 440/4 | €2,329 | €1,445 | -€884 | -38.0% |
| Advances received on contracts in progress | 46 | €31,383 | €32,154 | +€770 | +2.5% |
| Taxes, remuneration and social security | 45 | €30,950 | €82,081 | +€51,131 | +165% |
| Taxes | 450/3 | €30,950 | €82,081 | +€51,131 | +165% |
| Other amounts payable | 47/48 | €1,405 | €1,405 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €6,296 | €5,849 | -€447 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,192 | €89,420 | -€10,772 | -10.8% |
| Other operating charges | 640/8 | €37,887 | €39,074 | +€1,187 | +3.1% |
| Gross operating margin | 9900 | €510,120 | €560,728 | +€50,608 | +9.9% |
| Operating profit (loss) | 9901 | €372,042 | €432,235 | +€60,193 | +16.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €28,478 | €7,198 | -€21,281 | -74.7% |
| Recurring financial charges | 65 | €28,478 | €7,198 | -€21,281 | -74.7% |
| Profit (loss) for the period before taxes | 9903 | €343,564 | €425,037 | +€81,474 | +23.7% |
| Income taxes | 67/77 | €106,891 | €134,234 | +€27,343 | +25.6% |
| Profit (loss) for the period | 9904 | €236,673 | €290,803 | +€54,131 | +22.9% |
| Profit (loss) for the period to be appropriated | 9905 | €236,673 | €290,803 | +€54,131 | +22.9% |
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 31 October 2026 via checked.be.