DEWINNIMMO: 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.
What changed
DEWINNIMMO
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€11,258
2024 · €76,102-€87,360
Equity
€1.0m
2024 · €1.0m-€11,258
Cash
€132,312
2024 · €217,381-€85,069
Balance sheet total
€3.8m
2024 · €4.0m-€205,103
Largest movements
Assets
- Tangible fixed assets -€105,320
down €105,320 (-2.8%), from €3.7m to €3.6m
of which Plant, machinery and equipment: -€137,023
- Cash -€85,069
down €85,069 (-39.1%), from €217,381 to €132,312
mainly Other debts (-€112,725) and Debts after one year (-€62,146)
Equity and liabilities
- Other debts -€112,725
down €112,725 (-4.1%), from €2.7m to €2.6m
- Debts after one year -€62,146
down €62,146 (-100.0%), from €62,146 to €0
Income statement
- Taxes -€38,827
down €38,827 (-99.8%), from €38,888 to €61
- Gross operating margin -€37,497
down €37,497 (-13.8%), from €271,251 to €233,754
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
€76,102
Gross operating margin
-€37,497
Depreciation
+€175
Other operating charges
-€720
Other operating items
-€88,875
Financial income
-€455
Financial charges
+€1,185
Taxes
+€38,827
Result 2025
-€11,258
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
-€17,165
Investment
-€6,849
Financing
-€61,054
Cash 2024
€217,381
From operations (derived)
-€17,165
Net result for the year
-€11,258
Depreciation
+€112,169
Receivables within one year
+€14,214
Deferred charges and accrued income
+€501
Trade debts
+€656
Tax, wage and social debts
-€18,837
Other debts
-€112,725
Accrued charges and deferred income
-€1,885
Investment (derived)
-€6,849
Investment in fixed assets (net)
-€6,849
Financing
-€61,054
Debts after one year
-€62,146
Current portion of long-term debt
+€1,092
Cash 2025
€132,312
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,963,932 | €3,758,829 | -€205,103 | -5.2% |
| Fixed assets | 21/28 | €3,729,857 | €3,624,537 | -€105,320 | -2.8% |
| Tangible fixed assets | 22/27 | €3,729,807 | €3,624,487 | -€105,320 | -2.8% |
| Land and buildings | 22 | €3,569,256 | €3,600,960 | +€31,704 | +0.9% |
| Plant, machinery and equipment | 23 | €160,551 | €23,527 | -€137,023 | -85.3% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €234,076 | €134,292 | -€99,783 | -42.6% |
| Amounts receivable within one year | 40/41 | €14,934 | €720 | -€14,214 | -95.2% |
| Trade receivables | 40 | €14,934 | €0 | -€14,934 | -100.0% |
| Other amounts receivable | 41 | €0 | €720 | +€720 | |
| Cash at bank and in hand | 54/58 | €217,381 | €132,312 | -€85,069 | -39.1% |
| Deferred charges and accrued income | 490/1 | €1,761 | €1,260 | -€501 | -28.4% |
| Total equity and liabilities | 10/49 | €3,963,932 | €3,758,829 | -€205,103 | -5.2% |
| Equity | 10/15 | €1,046,659 | €1,035,401 | -€11,258 | -1.1% |
| Contributions | 10/11 | €562,700 | €562,700 | = | 0.0% |
| Capital | 10 | €562,700 | €562,700 | = | 0.0% |
| Issued capital | 100 | €562,700 | €562,700 | = | 0.0% |
| Reserves | 13 | €424,958 | €424,958 | = | 0.0% |
| Non-distributable reserves | 130/1 | €56,270 | €56,270 | = | 0.0% |
| Legal reserve | 130 | €56,270 | €56,270 | = | 0.0% |
| Distributable reserves | 133 | €368,689 | €368,689 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,001 | €47,743 | -€11,258 | -19.1% |
| Amounts payable | 17/49 | €2,917,274 | €2,723,429 | -€193,845 | -6.6% |
| Amounts payable after more than one year | 17 | €62,146 | €0 | -€62,146 | -100.0% |
| Financial debts | 170/4 | €62,146 | €0 | -€62,146 | -100.0% |
| Amounts payable within one year | 42/48 | €2,850,598 | €2,720,784 | -€129,814 | -4.6% |
| Current portion of amounts payable after more than one year | 42 | €61,054 | €62,146 | +€1,092 | +1.8% |
| Trade debts | 44 | €0 | €656 | +€656 | |
| Suppliers | 440/4 | €0 | €656 | +€656 | |
| Taxes, remuneration and social security | 45 | €46,763 | €27,926 | -€18,837 | -40.3% |
| Taxes | 450/3 | €46,763 | €27,926 | -€18,837 | -40.3% |
| Other amounts payable | 47/48 | €2,742,781 | €2,630,056 | -€112,725 | -4.1% |
| Accrued charges and deferred income | 492/3 | €4,530 | €2,645 | -€1,885 | -41.6% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €112,344 | €112,169 | -€175 | -0.2% |
| Other operating charges | 640/8 | €41,188 | €41,908 | +€720 | +1.7% |
| Non-recurring operating charges | 66A | - | €88,875 | +€88,875 | |
| Gross operating margin | 9900 | €271,251 | €233,754 | -€37,497 | -13.8% |
| Operating profit (loss) | 9901 | €117,719 | -€9,198 | -€126,917 | |
| Financial income | 75/76B | €457 | €2 | -€455 | -99.6% |
| Recurring financial income | 75 | €457 | €2 | -€455 | -99.6% |
| Financial charges | 65/66B | €3,186 | €2,001 | -€1,185 | -37.2% |
| Recurring financial charges | 65 | €3,186 | €2,001 | -€1,185 | -37.2% |
| Profit (loss) for the period before taxes | 9903 | €114,990 | -€11,197 | -€126,187 | |
| Income taxes | 67/77 | €38,888 | €61 | -€38,827 | -99.8% |
| Profit (loss) for the period | 9904 | €76,102 | -€11,258 | -€87,360 | |
| Profit (loss) for the period to be appropriated | 9905 | €76,102 | -€11,258 | -€87,360 |
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 10 October 2026 via checked.be.