DGR IMMO: 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.
DGR IMMO
Largest movements
- Cash -€166,023
down €166,023 (-88.9%), from €186,695 to €20,672
mainly Contributions, distributions and other (-€176,641) and Receivables within one year (-€161,641)
- Receivables within one year +€161,641
new in 2025: €161,641
- Tangible fixed assets -€129,381
down €129,381 (-12.8%), from €1.0m to €883,218
- Deferred charges and accrued income -€47,700
down €47,700 (-97.9%), from €48,739 to €1,039
- Debts after one year -€85,695
down €85,695 (-25.5%), from €335,635 to €249,940
- Profit (loss) carried forward -€76,289
down €76,289 (-13.5%), from €567,128 to €490,839
- Current portion of long-term debt -€29,592
down €29,592 (-25.7%), from €115,287 to €85,695
- Gross operating margin -€24,610
down €24,610 (-8.9%), from €276,876 to €252,266
- Depreciation -€17,627
down €17,627 (-18.3%), from €96,442 to €78,815
- Financial charges -€14,580
down €14,580 (-51.2%), from €28,489 to €13,909
- Taxes +€2,918
up €2,918 (+8.4%), from €34,831 to €37,749
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 | €1,248,032 | €1,066,569 | -€181,464 | -14.5% |
| Fixed assets | 21/28 | €1,012,599 | €883,218 | -€129,381 | -12.8% |
| Tangible fixed assets | 22/27 | €1,012,599 | €883,218 | -€129,381 | -12.8% |
| Land and buildings | 22 | €836,926 | €796,579 | -€40,348 | -4.8% |
| Plant, machinery and equipment | 23 | €118,604 | €56,854 | -€61,751 | -52.1% |
| Furniture and vehicles | 24 | €18,800 | - | -€18,800 | |
| Other tangible fixed assets | 26 | €38,268 | €29,785 | -€8,482 | -22.2% |
| Current assets | 29/58 | €235,434 | €183,351 | -€52,083 | -22.1% |
| Amounts receivable within one year | 40/41 | - | €161,641 | +€161,641 | |
| Other amounts receivable | 41 | - | €161,641 | +€161,641 | |
| Cash at bank and in hand | 54/58 | €186,695 | €20,672 | -€166,023 | -88.9% |
| Deferred charges and accrued income | 490/1 | €48,739 | €1,039 | -€47,700 | -97.9% |
| Total equity and liabilities | 10/49 | €1,248,032 | €1,066,569 | -€181,464 | -14.5% |
| Equity | 10/15 | €589,128 | €512,839 | -€76,289 | -12.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €567,128 | €490,839 | -€76,289 | -13.5% |
| Amounts payable | 17/49 | €658,904 | €553,730 | -€105,175 | -16.0% |
| Amounts payable after more than one year | 17 | €335,635 | €249,940 | -€85,695 | -25.5% |
| Financial debts | 170/4 | €335,635 | €249,940 | -€85,695 | -25.5% |
| Amounts payable within one year | 42/48 | €323,270 | €302,755 | -€20,515 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €115,287 | €85,695 | -€29,592 | -25.7% |
| Trade debts | 44 | €2,420 | - | -€2,420 | |
| Suppliers | 440/4 | €2,420 | - | -€2,420 | |
| Taxes, remuneration and social security | 45 | €35,300 | €40,420 | +€5,120 | +14.5% |
| Taxes | 450/3 | €35,300 | €40,420 | +€5,120 | +14.5% |
| Other amounts payable | 47/48 | €170,263 | €176,641 | +€6,378 | +3.7% |
| Accrued charges and deferred income | 492/3 | - | €1,035 | +€1,035 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €96,442 | €78,815 | -€17,627 | -18.3% |
| Other operating charges | 640/8 | €22,719 | €23,082 | +€362 | +1.6% |
| Gross operating margin | 9900 | €276,876 | €252,266 | -€24,610 | -8.9% |
| Operating profit (loss) | 9901 | €157,715 | €150,369 | -€7,346 | -4.7% |
| Financial income | 75/76B | - | €1,641 | +€1,641 | |
| Recurring financial income | 75 | - | €1,641 | +€1,641 | |
| Financial charges | 65/66B | €28,489 | €13,909 | -€14,580 | -51.2% |
| Recurring financial charges | 65 | €28,489 | €13,909 | -€14,580 | -51.2% |
| Profit (loss) for the period before taxes | 9903 | €129,225 | €138,101 | +€8,875 | +6.9% |
| Income taxes | 67/77 | €34,831 | €37,749 | +€2,918 | +8.4% |
| Profit (loss) for the period | 9904 | €94,394 | €100,352 | +€5,957 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €94,394 | €100,352 | +€5,957 | +6.3% |
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.