DK 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.
DK IMMO
Largest movements
- Cash -€81,679
down €81,679 (-26.2%), from €311,952 to €230,273
mainly Tax, wage and social debts (-€140,909) and Net result for the year (-€19,516)
- Tangible fixed assets -€24,923
down €24,923 (-3.0%), from €827,628 to €802,705
of which Land and buildings: -€16,280
- Tax, wage and social debts -€140,909
down €140,909 (-89.4%), from €157,643 to €16,734
- Accrued charges and deferred income +€65,680
new in 2025: €65,680
- Reserves -€13,974
down €13,974 (-2.9%), from €474,509 to €460,535
of which Tax-exempt reserves: -€13,974
- Debts after one year -€11,579
no longer reported in 2025 (was €11,579)
- Gross operating margin -€80,491
down €80,491 (-96.9%), from €83,027 to €2,536
- Turnover +€26,834
new in 2025: €26,834
- Purchases and services +€24,298
new in 2025: €24,298
- Financial income -€1,083
no longer reported in 2025 (was €1,083)
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 | €1,139,580 | €1,032,978 | -€106,602 | -9.4% |
| Fixed assets | 21/28 | €827,628 | €802,705 | -€24,923 | -3.0% |
| Tangible fixed assets | 22/27 | €827,628 | €802,705 | -€24,923 | -3.0% |
| Land and buildings | 22 | €805,446 | €789,166 | -€16,280 | -2.0% |
| Furniture and vehicles | 24 | €22,181 | €13,539 | -€8,643 | -39.0% |
| Current assets | 29/58 | €311,952 | €230,273 | -€81,679 | -26.2% |
| Cash at bank and in hand | 54/58 | €311,952 | €230,273 | -€81,679 | -26.2% |
| Total equity and liabilities | 10/49 | €1,139,580 | €1,032,978 | -€106,602 | -9.4% |
| Equity | 10/15 | €826,414 | €806,898 | -€19,516 | -2.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €474,509 | €460,535 | -€13,974 | -2.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €396,721 | €382,747 | -€13,974 | -3.5% |
| Distributable reserves | 133 | €75,928 | €75,928 | = | 0.0% |
| Profit (loss) carried forward | 14 | €333,305 | €327,763 | -€5,542 | -1.7% |
| Provisions and deferred taxes | 16 | €132,240 | €127,582 | -€4,658 | -3.5% |
| Deferred taxes | 168 | €132,240 | €127,582 | -€4,658 | -3.5% |
| Amounts payable | 17/49 | €180,926 | €98,497 | -€82,428 | -45.6% |
| Amounts payable after more than one year | 17 | €11,579 | - | -€11,579 | |
| Financial debts | 170/4 | €11,579 | - | -€11,579 | |
| Amounts payable within one year | 42/48 | €169,347 | €32,817 | -€136,530 | -80.6% |
| Current portion of amounts payable after more than one year | 42 | €9,069 | €8,622 | -€447 | -4.9% |
| Trade debts | 44 | €1,643 | €1,938 | +€295 | +18.0% |
| Suppliers | 440/4 | €1,643 | €1,938 | +€295 | +18.0% |
| Taxes, remuneration and social security | 45 | €157,643 | €16,734 | -€140,909 | -89.4% |
| Taxes | 450/3 | €157,643 | €16,734 | -€140,909 | -89.4% |
| Other amounts payable | 47/48 | €992 | €5,523 | +€4,531 | +456.6% |
| Accrued charges and deferred income | 492/3 | - | €65,680 | +€65,680 | |
| Turnover | 70 | - | €26,834 | +€26,834 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €24,298 | +€24,298 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,923 | €24,923 | = | 0.0% |
| Other operating charges | 640/8 | €1,585 | €1,636 | +€52 | +3.3% |
| Gross operating margin | 9900 | €83,027 | €2,536 | -€80,491 | -96.9% |
| Operating profit (loss) | 9901 | €56,519 | -€24,023 | -€80,543 | |
| Financial income | 75/76B | €1,083 | - | -€1,083 | |
| Recurring financial income | 75 | €1,083 | - | -€1,083 | |
| Financial charges | 65/66B | €135 | €150 | +€15 | +11.1% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €57,467 | -€24,173 | -€81,641 | |
| Transfer from deferred taxes | 780 | - | €4,658 | +€4,658 | |
| Profit (loss) for the period | 9904 | €57,467 | -€19,516 | -€76,983 | |
| Transfer from tax-exempt reserves | 789 | - | €13,974 | +€13,974 | |
| Profit (loss) for the period to be appropriated | 9905 | €57,467 | -€5,542 | -€63,010 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.