Dera 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.
Dera Immo
Largest movements
- Receivables within one year -€261,290
down €261,290 (-74.5%), from €350,529 to €89,239
of which Trade receivables: -€318,594
- Tangible fixed assets -€84,121
down €84,121 (-5.7%), from €1.5m to €1.4m
of which Land and buildings: -€81,792
- Other debts -€325,857
down €325,857 (-59.5%), from €547,660 to €221,803
- Debts after one year -€103,720
down €103,720 (-13.7%), from €758,707 to €654,987
of which Financial debts: -€86,348
- Reserves +€71,620
up €71,620 (+18.1%), from €395,352 to €466,971
of which Distributable reserves: +€71,620
- Gross operating margin +€16,882
up €16,882 (+7.5%), from €225,145 to €242,027
- Taxes +€9,088
up €9,088 (+37.1%), from €24,487 to €33,574
- Other operating charges -€8,425
down €8,425 (-28.4%), from €29,630 to €21,205
- Write-downs +€6,490
no longer reported in 2025 (was -€6,490)
- Depreciation -€5,398
down €5,398 (-5.1%), from €106,404 to €101,006
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 | €1,861,698 | €1,515,357 | -€346,341 | -18.6% |
| Fixed assets | 21/28 | €1,474,762 | €1,390,641 | -€84,121 | -5.7% |
| Tangible fixed assets | 22/27 | €1,474,762 | €1,390,641 | -€84,121 | -5.7% |
| Land and buildings | 22 | €1,470,303 | €1,388,511 | -€81,792 | -5.6% |
| Plant, machinery and equipment | 23 | €519 | - | -€519 | |
| Furniture and vehicles | 24 | €3,939 | €2,130 | -€1,809 | -45.9% |
| Current assets | 29/58 | €386,936 | €124,716 | -€262,220 | -67.8% |
| Amounts receivable within one year | 40/41 | €350,529 | €89,239 | -€261,290 | -74.5% |
| Trade receivables | 40 | €335,462 | €16,867 | -€318,594 | -95.0% |
| Other amounts receivable | 41 | €15,067 | €72,372 | +€57,304 | +380.3% |
| Current investments | 50/53 | €8,764 | €9,773 | +€1,009 | +11.5% |
| Cash at bank and in hand | 54/58 | €24,033 | €25,704 | +€1,671 | +7.0% |
| Deferred charges and accrued income | 490/1 | €3,610 | - | -€3,610 | |
| Total equity and liabilities | 10/49 | €1,861,698 | €1,515,357 | -€346,341 | -18.6% |
| Equity | 10/15 | €460,352 | €531,971 | +€71,620 | +15.6% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €395,352 | €466,971 | +€71,620 | +18.1% |
| Non-distributable reserves | 130/1 | €63,020 | €63,020 | = | 0.0% |
| Legal reserve | 130 | €63,020 | €63,020 | = | 0.0% |
| Distributable reserves | 133 | €332,332 | €403,951 | +€71,620 | +21.6% |
| Amounts payable | 17/49 | €1,401,346 | €983,386 | -€417,961 | -29.8% |
| Amounts payable after more than one year | 17 | €758,707 | €654,987 | -€103,720 | -13.7% |
| Financial debts | 170/4 | €741,335 | €654,987 | -€86,348 | -11.6% |
| Other amounts payable | 178/9 | €17,372 | - | -€17,372 | |
| Amounts payable within one year | 42/48 | €634,234 | €328,398 | -€305,835 | -48.2% |
| Current portion of amounts payable after more than one year | 42 | €84,648 | €93,466 | +€8,818 | +10.4% |
| Trade debts | 44 | €711 | €4,481 | +€3,771 | +530.7% |
| Suppliers | 440/4 | €711 | €4,481 | +€3,771 | +530.7% |
| Advances received on contracts in progress | 46 | €1,053 | - | -€1,053 | |
| Taxes, remuneration and social security | 45 | €162 | €8,648 | +€8,485 | +5227.2% |
| Taxes | 450/3 | €162 | €8,648 | +€8,485 | +5227.2% |
| Other amounts payable | 47/48 | €547,660 | €221,803 | -€325,857 | -59.5% |
| Accrued charges and deferred income | 492/3 | €8,406 | €0 | -€8,406 | -100.0% |
| Non-recurring operating income | 76A | €393 | €3,839 | +€3,445 | +876.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €106,404 | €101,006 | -€5,398 | -5.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€6,490 | - | +€6,490 | |
| Other operating charges | 640/8 | €29,630 | €21,205 | -€8,425 | -28.4% |
| Gross operating margin | 9900 | €225,145 | €242,027 | +€16,882 | +7.5% |
| Operating profit (loss) | 9901 | €95,602 | €119,816 | +€24,214 | +25.3% |
| Financial income | 75/76B | €920 | €593 | -€326 | -35.5% |
| Recurring financial income | 75 | €920 | €593 | -€326 | -35.5% |
| Financial charges | 65/66B | €16,848 | €15,215 | -€1,632 | -9.7% |
| Recurring financial charges | 65 | €16,848 | €15,215 | -€1,632 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €79,674 | €105,194 | +€25,520 | +32.0% |
| Income taxes | 67/77 | €24,487 | €33,574 | +€9,088 | +37.1% |
| Profit (loss) for the period | 9904 | €55,187 | €71,620 | +€16,433 | +29.8% |
| Profit (loss) for the period to be appropriated | 9905 | €55,187 | €71,620 | +€16,433 | +29.8% |
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 29 September 2026 via checked.be.