DEP IMMO: 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.
DEP IMMO
Largest movements
- Tangible fixed assets -€8,867
down €8,867 (-2.4%), from €364,646 to €355,779
- Debts after one year -€46,899
down €46,899 (-13.6%), from €344,512 to €297,613
of which Financial debts: -€46,899
- Other debts +€32,136
up €32,136 (+2278.9%), from €1,410 to €33,546
- Current portion of long-term debt +€31,431
up €31,431 (+1439.8%), from €2,183 to €33,614
- Accrued charges and deferred income -€12,615
no longer reported in 2025 (was €12,615)
- Profit (loss) carried forward -€10,343
down €10,343 (-2.6%), from -€399,135 to -€409,478
- Gross operating margin -€7,256
down €7,256 (-18.6%), from €38,948 to €31,693
- Depreciation +€2,114
up €2,114 (+8.8%), from €23,955 to €26,068
- Financial charges -€1,456
down €1,456 (-13.5%), from €10,763 to €9,307
- Other operating charges +€541
up €541 (+11.4%), from €4,737 to €5,278
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €382,500 | €378,476 | -€4,024 | -1.1% |
| Fixed assets | 21/28 | €366,496 | €357,629 | -€8,867 | -2.4% |
| Tangible fixed assets | 22/27 | €364,646 | €355,779 | -€8,867 | -2.4% |
| Land and buildings | 22 | €364,646 | €355,779 | -€8,867 | -2.4% |
| Financial fixed assets | 28 | €1,850 | €1,850 | = | 0.0% |
| Current assets | 29/58 | €16,004 | €20,847 | +€4,843 | +30.3% |
| Amounts receivable within one year | 40/41 | €14,723 | €15,556 | +€833 | +5.7% |
| Trade receivables | 40 | €8,390 | €9,223 | +€833 | +9.9% |
| Other amounts receivable | 41 | €6,333 | €6,333 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €19 | €3,696 | +€3,678 | +19686.8% |
| Deferred charges and accrued income | 490/1 | €1,262 | €1,595 | +€333 | +26.3% |
| Total equity and liabilities | 10/49 | €382,500 | €378,476 | -€4,024 | -1.1% |
| Equity | 10/15 | €7,065 | -€3,278 | -€10,343 | |
| Contributions | 10/11 | €406,200 | €406,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€399,135 | -€409,478 | -€10,343 | -2.6% |
| Amounts payable | 17/49 | €375,435 | €381,754 | +€6,319 | +1.7% |
| Amounts payable after more than one year | 17 | €344,512 | €297,613 | -€46,899 | -13.6% |
| Financial debts | 170/4 | €340,494 | €293,595 | -€46,899 | -13.8% |
| Other amounts payable | 178/9 | €4,018 | €4,018 | = | 0.0% |
| Amounts payable within one year | 42/48 | €18,308 | €84,142 | +€65,834 | +359.6% |
| Current portion of amounts payable after more than one year | 42 | €2,183 | €33,614 | +€31,431 | +1439.8% |
| Trade debts | 44 | €14,715 | €16,982 | +€2,267 | +15.4% |
| Suppliers | 440/4 | €14,715 | €16,982 | +€2,267 | +15.4% |
| Other amounts payable | 47/48 | €1,410 | €33,546 | +€32,136 | +2278.9% |
| Accrued charges and deferred income | 492/3 | €12,615 | - | -€12,615 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,955 | €26,068 | +€2,114 | +8.8% |
| Other operating charges | 640/8 | €4,737 | €5,278 | +€541 | +11.4% |
| Non-recurring operating charges | 66A | - | €1,382 | +€1,382 | |
| Gross operating margin | 9900 | €38,948 | €31,693 | -€7,256 | -18.6% |
| Operating profit (loss) | 9901 | €10,256 | -€1,036 | -€11,292 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €10,763 | €9,307 | -€1,456 | -13.5% |
| Recurring financial charges | 65 | €10,763 | €9,307 | -€1,456 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | -€506 | -€10,343 | -€9,837 | -1942.3% |
| Profit (loss) for the period | 9904 | -€506 | -€10,343 | -€9,837 | -1942.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€506 | -€10,343 | -€9,837 | -1942.3% |
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 8 October 2026 via checked.be.