DMD 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.
DMD IMMO
Largest movements
- Tangible fixed assets -€22,936
down €22,936 (-6.6%), from €348,327 to €325,391
- Cash -€3,789
down €3,789 (-39.7%), from €9,548 to €5,759
mainly Debts after one year (-€33,188) and Receivables within one year (-€3,310)
- Debts after one year -€33,188
down €33,188 (-21.1%), from €157,327 to €124,140
- Profit (loss) carried forward +€7,423
up €7,423 (+27.1%), from €27,402 to €34,825
- Gross operating margin +€5,516
up €5,516 (+12.5%), from €44,006 to €49,522
- Taxes +€1,767
up €1,767 (+92.7%), from €1,907 to €3,674
- Financial charges -€934
down €934 (-17.4%), from €5,370 to €4,437
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 | €359,375 | €334,460 | -€24,915 | -6.9% |
| Fixed assets | 21/28 | €348,327 | €325,391 | -€22,936 | -6.6% |
| Tangible fixed assets | 22/27 | €348,327 | €325,391 | -€22,936 | -6.6% |
| Land and buildings | 22 | €348,327 | €325,391 | -€22,936 | -6.6% |
| Current assets | 29/58 | €11,047 | €9,069 | -€1,978 | -17.9% |
| Amounts receivable within one year | 40/41 | - | €3,310 | +€3,310 | |
| Trade receivables | 40 | - | €3,310 | +€3,310 | |
| Cash at bank and in hand | 54/58 | €9,548 | €5,759 | -€3,789 | -39.7% |
| Deferred charges and accrued income | 490/1 | €1,499 | - | -€1,499 | |
| Total equity and liabilities | 10/49 | €359,375 | €334,460 | -€24,915 | -6.9% |
| Equity | 10/15 | €137,932 | €148,025 | +€10,094 | +7.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €48,530 | €51,200 | +€2,670 | +5.5% |
| Non-distributable reserves | 130/1 | €3,530 | €6,200 | +€2,670 | +75.6% |
| Legal reserve | 130 | €3,530 | €6,200 | +€2,670 | +75.6% |
| Distributable reserves | 133 | €45,000 | €45,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,402 | €34,825 | +€7,423 | +27.1% |
| Amounts payable | 17/49 | €221,443 | €186,435 | -€35,008 | -15.8% |
| Amounts payable after more than one year | 17 | €157,327 | €124,140 | -€33,188 | -21.1% |
| Financial debts | 170/4 | €157,327 | €124,140 | -€33,188 | -21.1% |
| Amounts payable within one year | 42/48 | €64,115 | €61,575 | -€2,540 | -4.0% |
| Current portion of amounts payable after more than one year | 42 | €36,264 | €33,188 | -€3,076 | -8.5% |
| Trade debts | 44 | €430 | €1,690 | +€1,259 | +292.7% |
| Suppliers | 440/4 | €430 | €1,690 | +€1,259 | +292.7% |
| Taxes, remuneration and social security | 45 | €4,398 | €3,674 | -€723 | -16.5% |
| Taxes | 450/3 | €4,398 | €3,674 | -€723 | -16.5% |
| Other amounts payable | 47/48 | €23,023 | €23,023 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €720 | +€720 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,246 | €22,936 | -€310 | -1.3% |
| Other operating charges | 640/8 | €8,391 | €8,381 | -€10 | -0.1% |
| Gross operating margin | 9900 | €44,006 | €49,522 | +€5,516 | +12.5% |
| Operating profit (loss) | 9901 | €12,369 | €18,204 | +€5,835 | +47.2% |
| Financial charges | 65/66B | €5,370 | €4,437 | -€934 | -17.4% |
| Recurring financial charges | 65 | €5,370 | €4,437 | -€934 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €6,999 | €13,768 | +€6,769 | +96.7% |
| Income taxes | 67/77 | €1,907 | €3,674 | +€1,767 | +92.7% |
| Profit (loss) for the period | 9904 | €5,092 | €10,094 | +€5,002 | +98.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,092 | €10,094 | +€5,002 | +98.2% |
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 6 October 2026 via checked.be.