DM 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.
DM IMMO
Largest movements
- Tangible fixed assets -€6,664
down €6,664 (-4.6%), from €144,714 to €138,050
of which Land and buildings: -€6,314
- Cash +€4,652
up €4,652 (+97.2%), from €4,786 to €9,438
mainly Net result for the year (+€9,595) and Depreciation (+€6,664)
- Debts after one year -€9,717
down €9,717 (-16.4%), from €59,277 to €49,560
- Reserves +€8,762
up €8,762 (+46.0%), from €19,050 to €27,812
- Other debts -€4,069
down €4,069 (-10.1%), from €40,370 to €36,301
- Accrued charges and deferred income +€2,791
up €2,791 (+720.6%), from €387 to €3,178
- Gross operating margin +€8,458
up €8,458 (+38.5%), from €21,966 to €30,425
- Taxes +€3,073
up €3,073 (+126.8%), from €2,424 to €5,497
- Other operating charges -€2,240
down €2,240 (-47.9%), from €4,675 to €2,435
- Financial charges +€1,962
up €1,962 (+45.9%), from €4,273 to €6,235
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 | €154,763 | €153,901 | -€862 | -0.6% |
| Fixed assets | 21/28 | €144,714 | €138,050 | -€6,664 | -4.6% |
| Tangible fixed assets | 22/27 | €144,714 | €138,050 | -€6,664 | -4.6% |
| Land and buildings | 22 | €143,978 | €137,664 | -€6,314 | -4.4% |
| Furniture and vehicles | 24 | €735 | €385 | -€350 | -47.6% |
| Current assets | 29/58 | €10,049 | €15,851 | +€5,801 | +57.7% |
| Amounts receivable within one year | 40/41 | €5,264 | €6,413 | +€1,150 | +21.8% |
| Trade receivables | 40 | €5,264 | €6,413 | +€1,150 | +21.8% |
| Cash at bank and in hand | 54/58 | €4,786 | €9,438 | +€4,652 | +97.2% |
| Total equity and liabilities | 10/49 | €154,763 | €153,901 | -€862 | -0.6% |
| Equity | 10/15 | €38,072 | €46,834 | +€8,762 | +23.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €19,050 | €27,812 | +€8,762 | +46.0% |
| Distributable reserves | 133 | €19,050 | €27,812 | +€8,762 | +46.0% |
| Profit (loss) carried forward | 14 | €422 | €422 | = | 0.0% |
| Amounts payable | 17/49 | €116,691 | €107,067 | -€9,624 | -8.2% |
| Amounts payable after more than one year | 17 | €59,277 | €49,560 | -€9,717 | -16.4% |
| Financial debts | 170/4 | €59,277 | €49,560 | -€9,717 | -16.4% |
| Amounts payable within one year | 42/48 | €57,027 | €54,329 | -€2,698 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €9,541 | €9,717 | +€177 | +1.9% |
| Trade debts | 44 | €2,988 | €3,110 | +€122 | +4.1% |
| Suppliers | 440/4 | €2,988 | €3,110 | +€122 | +4.1% |
| Taxes, remuneration and social security | 45 | €4,128 | €5,201 | +€1,072 | +26.0% |
| Taxes | 450/3 | €4,128 | €5,201 | +€1,072 | +26.0% |
| Other amounts payable | 47/48 | €40,370 | €36,301 | -€4,069 | -10.1% |
| Accrued charges and deferred income | 492/3 | €387 | €3,178 | +€2,791 | +720.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,664 | €6,664 | = | 0.0% |
| Other operating charges | 640/8 | €4,675 | €2,435 | -€2,240 | -47.9% |
| Gross operating margin | 9900 | €21,966 | €30,425 | +€8,458 | +38.5% |
| Operating profit (loss) | 9901 | €10,628 | €21,326 | +€10,699 | +100.7% |
| Financial charges | 65/66B | €4,273 | €6,235 | +€1,962 | +45.9% |
| Recurring financial charges | 65 | €4,273 | €6,235 | +€1,962 | +45.9% |
| Profit (loss) for the period before taxes | 9903 | €6,355 | €15,092 | +€8,737 | +137.5% |
| Income taxes | 67/77 | €2,424 | €5,497 | +€3,073 | +126.8% |
| Profit (loss) for the period | 9904 | €3,931 | €9,595 | +€5,664 | +144.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,931 | €9,595 | +€5,664 | +144.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.