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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.

What changed

DK IMMO

BE 0860.663.182
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€23,846
2024 · €30,457-€6,610
Equity
€483,606
2024 · €459,760+€23,846
Cash
€18,021
2024 · €7,703+€10,317
Balance sheet total
€1.2m
2024 · €1.2m-€10,694

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€21,011

    down €21,011 (-1.7%), from €1.2m to €1.2m

    of which Land and buildings: -€21,011

Equity and liabilities
  • Debts after one year -€52,875

    down €52,875 (-8.3%), from €640,430 to €587,554

    of which Financial debts: -€52,875

  • Profit (loss) carried forward +€23,846

    up €23,846 (+4.9%), from -€485,289 to -€461,442

Income statement
  • Gross operating margin -€13,100

    down €13,100 (-16.3%), from €80,503 to €67,403

  • Other operating charges -€4,306

    down €4,306 (-80.0%), from €5,384 to €1,079

  • Financial charges -€2,400

    down €2,400 (-10.2%), from €23,635 to €21,236

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €30,457
Gross operating margin -€13,100
Depreciation +€16
Other operating charges +€4,306
Financial charges +€2,400
Taxes -€232
Result 2025 €23,846

Cash bridge derived

cash 2024 to 2025

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.

From operations +€60,490
Investment €0
Financing -€50,173
Cash 2024 €7,703
Net result for the year +€23,846
Depreciation +€21,011
Trade debts +€7,825
Tax, wage and social debts +€232
Other debts +€7,576
Debts after one year -€52,875
Current portion of long-term debt +€2,703
Cash 2025 €18,021
Every line side by side 33 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,229,848 €1,219,155 -€10,694 -0.9%
Fixed assets 21/28 €1,222,145 €1,201,134 -€21,011 -1.7%
Tangible fixed assets 22/27 €1,222,145 €1,201,134 -€21,011 -1.7%
Land and buildings 22 €1,222,145 €1,201,134 -€21,011 -1.7%
Furniture and vehicles 24 €0 - =
Current assets 29/58 €7,703 €18,021 +€10,317 +133.9%
Cash at bank and in hand 54/58 €7,703 €18,021 +€10,317 +133.9%
Total equity and liabilities 10/49 €1,229,848 €1,219,155 -€10,694 -0.9%
Equity 10/15 €459,760 €483,606 +€23,846 +5.2%
Contributions 10/11 €18,600 €18,600 = 0.0%
Revaluation surpluses 12 €926,448 €926,448 = 0.0%
Profit (loss) carried forward 14 -€485,289 -€461,442 +€23,846 +4.9%
Amounts payable 17/49 €770,089 €735,549 -€34,540 -4.5%
Amounts payable after more than one year 17 €640,430 €587,554 -€52,875 -8.3%
Financial debts 170/4 €637,818 €584,942 -€52,875 -8.3%
Other amounts payable 178/9 €2,612 €2,612 = 0.0%
Amounts payable within one year 42/48 €129,659 €147,995 +€18,335 +14.1%
Current portion of amounts payable after more than one year 42 €54,850 €57,553 +€2,703 +4.9%
Trade debts 44 €16,501 €24,326 +€7,825 +47.4%
Suppliers 440/4 €16,501 €24,326 +€7,825 +47.4%
Taxes, remuneration and social security 45 - €232 +€232
Taxes 450/3 - €232 +€232
Other amounts payable 47/48 €58,309 €65,885 +€7,576 +13.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €21,027 €21,011 -€16 -0.1%
Other operating charges 640/8 €5,384 €1,079 -€4,306 -80.0%
Gross operating margin 9900 €80,503 €67,403 -€13,100 -16.3%
Operating profit (loss) 9901 €54,092 €45,313 -€8,778 -16.2%
Financial charges 65/66B €23,635 €21,236 -€2,400 -10.2%
Recurring financial charges 65 €23,635 €21,236 -€2,400 -10.2%
Profit (loss) for the period before taxes 9903 €30,457 €24,078 -€6,379 -20.9%
Income taxes 67/77 - €232 +€232
Profit (loss) for the period 9904 €30,457 €23,846 -€6,610 -21.7%
Profit (loss) for the period to be appropriated 9905 €30,457 €23,846 -€6,610 -21.7%

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.