DEZ 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.
DEZ IMMO
Largest movements
- Tangible fixed assets -€14,463
down €14,463 (-4.8%), from €298,529 to €284,067
of which Land and buildings: -€11,512
- Cash +€11,306
up €11,306 (+81.5%), from €13,880 to €25,187
mainly Depreciation (+€16,945) and Current portion of long-term debt (+€16,158)
- Debts after one year -€19,434
down €19,434 (-10.3%), from €188,631 to €169,197
- Current portion of long-term debt +€16,158
up €16,158 (+19.8%), from €81,633 to €97,791
- Tax, wage and social debts -€5,043
down €5,043 (-67.2%), from €7,506 to €2,463
- Reserves +€4,955
up €4,955 (+29.6%), from €16,751 to €21,705
- Gross operating margin -€19,003
down €19,003 (-33.5%), from €56,690 to €37,687
- Taxes -€5,043
down €5,043 (-67.2%), from €7,506 to €2,463
- Other operating charges -€1,466
down €1,466 (-21.1%), from €6,942 to €5,477
- Depreciation -€1,457
down €1,457 (-7.9%), from €18,402 to €16,945
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 | €314,608 | €311,962 | -€2,646 | -0.8% |
| Fixed assets | 21/28 | €298,529 | €284,067 | -€14,463 | -4.8% |
| Tangible fixed assets | 22/27 | €298,529 | €284,067 | -€14,463 | -4.8% |
| Land and buildings | 22 | €292,278 | €280,766 | -€11,512 | -3.9% |
| Furniture and vehicles | 24 | €6,251 | €3,300 | -€2,951 | -47.2% |
| Current assets | 29/58 | €16,079 | €27,896 | +€11,817 | +73.5% |
| Amounts receivable within one year | 40/41 | - | €541 | +€541 | |
| Trade receivables | 40 | - | €541 | +€541 | |
| Cash at bank and in hand | 54/58 | €13,880 | €25,187 | +€11,306 | +81.5% |
| Deferred charges and accrued income | 490/1 | €2,198 | €2,168 | -€30 | -1.4% |
| Total equity and liabilities | 10/49 | €314,608 | €311,962 | -€2,646 | -0.8% |
| Equity | 10/15 | €31,164 | €36,119 | +€4,955 | +15.9% |
| Contributions | 10/11 | €11,100 | €11,100 | = | 0.0% |
| Reserves | 13 | €16,751 | €21,705 | +€4,955 | +29.6% |
| Distributable reserves | 133 | €16,751 | €21,705 | +€4,955 | +29.6% |
| Profit (loss) carried forward | 14 | €3,314 | €3,314 | = | 0.0% |
| Amounts payable | 17/49 | €283,444 | €275,843 | -€7,600 | -2.7% |
| Amounts payable after more than one year | 17 | €188,631 | €169,197 | -€19,434 | -10.3% |
| Financial debts | 170/4 | €188,631 | €169,197 | -€19,434 | -10.3% |
| Amounts payable within one year | 42/48 | €94,813 | €106,646 | +€11,834 | +12.5% |
| Current portion of amounts payable after more than one year | 42 | €81,633 | €97,791 | +€16,158 | +19.8% |
| Trade debts | 44 | €5,674 | €6,392 | +€718 | +12.7% |
| Suppliers | 440/4 | €5,674 | €6,392 | +€718 | +12.7% |
| Taxes, remuneration and social security | 45 | €7,506 | €2,463 | -€5,043 | -67.2% |
| Taxes | 450/3 | €7,506 | €2,463 | -€5,043 | -67.2% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,402 | €16,945 | -€1,457 | -7.9% |
| Other operating charges | 640/8 | €6,942 | €5,477 | -€1,466 | -21.1% |
| Gross operating margin | 9900 | €56,690 | €37,687 | -€19,003 | -33.5% |
| Operating profit (loss) | 9901 | €31,345 | €15,265 | -€16,080 | -51.3% |
| Financial income | 75/76B | €1 | €3 | +€2 | +129.4% |
| Recurring financial income | 75 | €1 | €3 | +€2 | +129.4% |
| Financial charges | 65/66B | €8,341 | €7,851 | -€490 | -5.9% |
| Recurring financial charges | 65 | €8,341 | €7,851 | -€490 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €23,005 | €7,418 | -€15,588 | -67.8% |
| Income taxes | 67/77 | €7,506 | €2,463 | -€5,043 | -67.2% |
| Profit (loss) for the period | 9904 | €15,500 | €4,955 | -€10,545 | -68.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,500 | €4,955 | -€10,545 | -68.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.