DLC 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.
DLC IMMO
Largest movements
- Tangible fixed assets -€87,605
down €87,605 (-13.9%), from €631,154 to €543,549
of which Land and buildings: -€109,345
- Receivables within one year +€21,144
up €21,144 (+238.4%), from €8,870 to €30,014
of which Trade receivables: +€21,352
- Debts after one year -€390,796
down €390,796 (-82.8%), from €472,085 to €81,289
- Other debts +€310,000
up €310,000 (+178.6%), from €173,585 to €483,585
- Trade debts +€20,990
up €20,990 (+2252.2%), from €932 to €21,922
- Profit (loss) carried forward -€13,862
down €13,862 (-97.4%), from -€14,228 to -€28,090
- Gross operating margin +€5,050
up €5,050 (+40.5%), from €12,473 to €17,523
- Depreciation -€1,121
down €1,121 (-20.6%), from €5,431 to €4,311
- Financial charges -€896
down €896 (-4.7%), from €19,158 to €18,262
- Other operating charges +€380
new in 2025: €380
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 | €655,156 | €583,334 | -€71,823 | -11.0% |
| Fixed assets | 21/28 | €631,154 | €543,549 | -€87,605 | -13.9% |
| Tangible fixed assets | 22/27 | €631,154 | €543,549 | -€87,605 | -13.9% |
| Land and buildings | 22 | €247,128 | €137,783 | -€109,345 | -44.2% |
| Assets under construction and advance payments | 27 | €384,026 | €405,766 | +€21,740 | +5.7% |
| Current assets | 29/58 | €24,003 | €39,785 | +€15,782 | +65.8% |
| Amounts receivable within one year | 40/41 | €8,870 | €30,014 | +€21,144 | +238.4% |
| Trade receivables | 40 | €8,448 | €29,800 | +€21,352 | +252.7% |
| Other amounts receivable | 41 | €422 | €215 | -€208 | -49.2% |
| Cash at bank and in hand | 54/58 | €15,132 | €9,506 | -€5,626 | -37.2% |
| Deferred charges and accrued income | 490/1 | - | €264 | +€264 | |
| Total equity and liabilities | 10/49 | €655,156 | €583,334 | -€71,823 | -11.0% |
| Equity | 10/15 | €5,772 | -€8,090 | -€13,862 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,228 | -€28,090 | -€13,862 | -97.4% |
| Amounts payable | 17/49 | €649,384 | €591,424 | -€57,960 | -8.9% |
| Amounts payable after more than one year | 17 | €472,085 | €81,289 | -€390,796 | -82.8% |
| Financial debts | 170/4 | €472,085 | €81,289 | -€390,796 | -82.8% |
| Amounts payable within one year | 42/48 | €177,299 | €510,135 | +€332,836 | +187.7% |
| Current portion of amounts payable after more than one year | 42 | €2,783 | €4,629 | +€1,846 | +66.3% |
| Trade debts | 44 | €932 | €21,922 | +€20,990 | +2252.2% |
| Suppliers | 440/4 | €932 | €21,922 | +€20,990 | +2252.2% |
| Other amounts payable | 47/48 | €173,585 | €483,585 | +€310,000 | +178.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,431 | €4,311 | -€1,121 | -20.6% |
| Other operating charges | 640/8 | - | €380 | +€380 | |
| Non-recurring operating charges | 66A | - | €8,451 | +€8,451 | |
| Gross operating margin | 9900 | €12,473 | €17,523 | +€5,050 | +40.5% |
| Operating profit (loss) | 9901 | €7,042 | €4,381 | -€2,661 | -37.8% |
| Financial income | 75/76B | - | €19 | +€19 | |
| Recurring financial income | 75 | - | €19 | +€19 | |
| Financial charges | 65/66B | €19,158 | €18,262 | -€896 | -4.7% |
| Recurring financial charges | 65 | €19,158 | €18,262 | -€896 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | -€12,116 | -€13,862 | -€1,746 | -14.4% |
| Profit (loss) for the period | 9904 | -€12,116 | -€13,862 | -€1,746 | -14.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,116 | -€13,862 | -€1,746 | -14.4% |
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 1 October 2026 via checked.be.