DF PROPERTIES: 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.
DF PROPERTIES
Largest movements
- Current investments -€171,123
down €171,123 (-34.3%), from €499,551 to €328,428
- Tangible fixed assets -€49,396
down €49,396 (-3.8%), from €1.3m to €1.3m
of which Land and buildings: -€49,166
- Profit (loss) carried forward -€266,181
down €266,181 (-30.5%), from -€872,706 to -€1.1m
- Financial charges +€229,611
up €229,611, from -€39,429 to €190,182
- Gross operating margin -€10,177
down €10,177 (-127.3%), from -€7,996 to -€18,173
- Taxes +€4,840
up €4,840 (+540.9%), from €895 to €5,735
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,109,424 | €1,861,568 | -€247,855 | -11.7% |
| Fixed assets | 21/28 | €1,315,384 | €1,255,861 | -€59,523 | -4.5% |
| Tangible fixed assets | 22/27 | €1,305,257 | €1,255,861 | -€49,396 | -3.8% |
| Land and buildings | 22 | €1,304,682 | €1,255,516 | -€49,166 | -3.8% |
| Plant, machinery and equipment | 23 | €575 | €345 | -€230 | -40.0% |
| Financial fixed assets | 28 | €10,127 | - | -€10,127 | |
| Current assets | 29/58 | €794,040 | €605,707 | -€188,332 | -23.7% |
| Stocks and contracts in progress | 3 | €232,453 | €234,288 | +€1,835 | +0.8% |
| Stocks | 30/36 | €232,453 | €234,288 | +€1,835 | +0.8% |
| Amounts receivable within one year | 40/41 | €34,295 | €34,295 | = | 0.0% |
| Trade receivables | 40 | €34,295 | €34,295 | = | 0.0% |
| Current investments | 50/53 | €499,551 | €328,428 | -€171,123 | -34.3% |
| Cash at bank and in hand | 54/58 | €26,341 | €7,596 | -€18,745 | -71.2% |
| Deferred charges and accrued income | 490/1 | €1,400 | €1,100 | -€300 | -21.4% |
| Total equity and liabilities | 10/49 | €2,109,424 | €1,861,568 | -€247,855 | -11.7% |
| Equity | 10/15 | €794,539 | €528,358 | -€266,181 | -33.5% |
| Contributions | 10/11 | €1,663,610 | €1,663,610 | = | 0.0% |
| Capital | 10 | €1,663,610 | €1,663,610 | = | 0.0% |
| Issued capital | 100 | €1,663,610 | €1,663,610 | = | 0.0% |
| Reserves | 13 | €3,636 | €3,636 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,749 | €1,749 | = | 0.0% |
| Legal reserve | 130 | €1,749 | €1,749 | = | 0.0% |
| Distributable reserves | 133 | €1,887 | €1,887 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€872,706 | -€1,138,887 | -€266,181 | -30.5% |
| Amounts payable | 17/49 | €1,314,884 | €1,333,210 | +€18,326 | +1.4% |
| Amounts payable within one year | 42/48 | €1,314,207 | €1,332,024 | +€17,817 | +1.4% |
| Financial debts | 43 | €300,000 | €300,000 | = | 0.0% |
| Credit institutions | 430/8 | €300,000 | €300,000 | = | 0.0% |
| Trade debts | 44 | €29,929 | €29,940 | +€11 | 0.0% |
| Suppliers | 440/4 | €29,929 | €29,940 | +€11 | 0.0% |
| Other amounts payable | 47/48 | €984,278 | €1,002,084 | +€17,806 | +1.8% |
| Accrued charges and deferred income | 492/3 | €678 | €1,186 | +€508 | +75.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,281 | €49,396 | +€115 | +0.2% |
| Other operating charges | 640/8 | €2,654 | €2,695 | +€41 | +1.6% |
| Gross operating margin | 9900 | -€7,996 | -€18,173 | -€10,177 | -127.3% |
| Operating profit (loss) | 9901 | -€59,931 | -€70,264 | -€10,334 | -17.2% |
| Financial charges | 65/66B | -€39,429 | €190,182 | +€229,611 | |
| Recurring financial charges | 65 | -€39,429 | €190,182 | +€229,611 | |
| Profit (loss) for the period before taxes | 9903 | -€20,502 | -€260,447 | -€239,945 | -1170.4% |
| Income taxes | 67/77 | €895 | €5,735 | +€4,840 | +540.9% |
| Profit (loss) for the period | 9904 | -€21,396 | -€266,181 | -€244,785 | -1144.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,396 | -€266,181 | -€244,785 | -1144.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.