DG IMMO SERVICES: 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.
DG IMMO SERVICES
Largest movements
- Receivables within one year +€76,096
up €76,096 (+255%), from €29,822 to €105,918
of which Other amounts receivable: +€77,482
- Tangible fixed assets +€29,212
up €29,212 (+199%), from €14,703 to €43,915
of which Land and buildings: +€19,668
- Deferred charges and accrued income +€5,467
up €5,467 (+34.2%), from €15,971 to €21,438
- Cash +€5,147
up €5,147 (+1.9%), from €264,019 to €269,166
mainly Net result for the year (+€58,261) and Debts after one year (+€42,141)
- Profit (loss) carried forward +€58,261
up €58,261, from -€30,773 to €27,488
- Debts after one year +€42,141
new in 2025: €42,141
- Trade debts +€12,541
up €12,541 (+55.1%), from €22,757 to €35,299
- Gross operating margin +€18,852
up €18,852 (+30.9%), from €61,090 to €79,942
- Other operating charges -€7,015
down €7,015 (-82.8%), from €8,476 to €1,461
- Staff costs +€5,011
no longer reported in 2025 (was -€5,011)
- Depreciation +€3,199
up €3,199 (+48.9%), from €6,545 to €9,744
- Financial charges +€2,873
up €2,873 (+37.8%), from €7,603 to €10,476
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.
Derived cash bridge
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 | €350,583 | €466,505 | +€115,923 | +33.1% |
| Fixed assets | 21/28 | €18,778 | €47,990 | +€29,212 | +156% |
| Tangible fixed assets | 22/27 | €14,703 | €43,915 | +€29,212 | +199% |
| Land and buildings | 22 | - | €19,668 | +€19,668 | |
| Plant, machinery and equipment | 23 | €4,714 | €16,598 | +€11,884 | +252% |
| Furniture and vehicles | 24 | €9,989 | €7,649 | -€2,339 | -23.4% |
| Financial fixed assets | 28 | €4,075 | €4,075 | = | 0.0% |
| Current assets | 29/58 | €331,805 | €418,515 | +€86,711 | +26.1% |
| Stocks and contracts in progress | 3 | €21,993 | €21,993 | = | 0.0% |
| Stocks | 30/36 | €21,993 | €21,993 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €29,822 | €105,918 | +€76,096 | +255% |
| Trade receivables | 40 | €11,443 | €10,057 | -€1,386 | -12.1% |
| Other amounts receivable | 41 | €18,379 | €95,861 | +€77,482 | +422% |
| Cash at bank and in hand | 54/58 | €264,019 | €269,166 | +€5,147 | +1.9% |
| Deferred charges and accrued income | 490/1 | €15,971 | €21,438 | +€5,467 | +34.2% |
| Total equity and liabilities | 10/49 | €350,583 | €466,505 | +€115,923 | +33.1% |
| Equity | 10/15 | €313,299 | €371,560 | +€58,261 | +18.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €325,472 | €325,472 | = | 0.0% |
| Non-distributable reserves | 130/1 | €325,472 | €325,472 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €323,612 | €323,612 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,773 | €27,488 | +€58,261 | |
| Amounts payable | 17/49 | €37,284 | €94,945 | +€57,661 | +155% |
| Amounts payable after more than one year | 17 | - | €42,141 | +€42,141 | |
| Financial debts | 170/4 | - | €42,141 | +€42,141 | |
| Amounts payable within one year | 42/48 | €37,284 | €52,804 | +€15,520 | +41.6% |
| Current portion of amounts payable after more than one year | 42 | - | €1,561 | +€1,561 | |
| Trade debts | 44 | €22,757 | €35,299 | +€12,541 | +55.1% |
| Suppliers | 440/4 | €22,757 | €35,299 | +€12,541 | +55.1% |
| Taxes, remuneration and social security | 45 | €766 | €423 | -€343 | -44.8% |
| Taxes | 450/3 | €640 | €423 | -€217 | -33.9% |
| Remuneration and social security | 454/9 | €126 | - | -€126 | |
| Other amounts payable | 47/48 | €13,760 | €15,521 | +€1,761 | +12.8% |
| Remuneration, social security and pensions | 62 | -€5,011 | - | +€5,011 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,545 | €9,744 | +€3,199 | +48.9% |
| Other operating charges | 640/8 | €8,476 | €1,461 | -€7,015 | -82.8% |
| Gross operating margin | 9900 | €61,090 | €79,942 | +€18,852 | +30.9% |
| Operating profit (loss) | 9901 | €51,080 | €68,737 | +€17,657 | +34.6% |
| Financial charges | 65/66B | €7,603 | €10,476 | +€2,873 | +37.8% |
| Recurring financial charges | 65 | €7,603 | €10,476 | +€2,873 | +37.8% |
| Profit (loss) for the period before taxes | 9903 | €43,477 | €58,261 | +€14,784 | +34.0% |
| Income taxes | 67/77 | €314 | - | -€314 | |
| Profit (loss) for the period | 9904 | €43,163 | €58,261 | +€15,098 | +35.0% |
| Profit (loss) for the period to be appropriated | 9905 | €43,163 | €58,261 | +€15,098 | +35.0% |
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 16 October 2026 via checked.be.