DMS 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.
DMS IMMO
Largest movements
- Cash -€184,471
down €184,471 (-71.9%), from €256,411 to €71,940
mainly Tax, wage and social debts (-€91,233) and Receivables within one year (-€49,205)
- Receivables within one year +€49,205
up €49,205 (+21.0%), from €233,784 to €282,989
of which Other amounts receivable: +€74,755
- Tangible fixed assets -€16,350
down €16,350 (-23.9%), from €68,321 to €51,971
of which Furniture and vehicles: -€16,815
- Tax, wage and social debts -€91,233
down €91,233 (-91.9%), from €99,322 to €8,089
- Advances received -€23,620
no longer reported in 2025 (was €23,620)
- Debts after one year -€18,804
down €18,804 (-26.9%), from €69,778 to €50,974
- Trade debts -€16,522
down €16,522 (-36.4%), from €45,332 to €28,810
- Other debts -€11,970
down €11,970 (-23.2%), from €51,518 to €39,548
- Gross operating margin -€56,383
down €56,383 (-54.6%), from €103,296 to €46,913
- Financial charges -€26,437
down €26,437 (-81.4%), from €32,476 to €6,039
- Taxes -€4,832
down €4,832 (-37.4%), from €12,921 to €8,089
- Depreciation +€3,028
up €3,028 (+18.1%), from €16,697 to €19,725
- Other operating charges +€1,233
up €1,233 (+57.2%), from €2,157 to €3,390
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 | €636,741 | €485,225 | -€151,516 | -23.8% |
| Fixed assets | 21/28 | €68,457 | €52,107 | -€16,350 | -23.9% |
| Tangible fixed assets | 22/27 | €68,321 | €51,971 | -€16,350 | -23.9% |
| Plant, machinery and equipment | 23 | €1,566 | €2,031 | +€465 | +29.7% |
| Furniture and vehicles | 24 | €66,755 | €49,940 | -€16,815 | -25.2% |
| Financial fixed assets | 28 | €136 | €136 | = | 0.0% |
| Current assets | 29/58 | €568,284 | €433,118 | -€135,166 | -23.8% |
| Stocks and contracts in progress | 3 | €77,017 | €77,017 | = | 0.0% |
| Stocks | 30/36 | €77,017 | €77,017 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €233,784 | €282,989 | +€49,205 | +21.0% |
| Trade receivables | 40 | €26,271 | €721 | -€25,550 | -97.3% |
| Other amounts receivable | 41 | €207,513 | €282,268 | +€74,755 | +36.0% |
| Cash at bank and in hand | 54/58 | €256,411 | €71,940 | -€184,471 | -71.9% |
| Deferred charges and accrued income | 490/1 | €1,072 | €1,172 | +€100 | +9.3% |
| Total equity and liabilities | 10/49 | €636,741 | €485,225 | -€151,516 | -23.8% |
| Equity | 10/15 | €325,402 | €335,072 | +€9,670 | +3.0% |
| Contributions | 10/11 | €24,000 | €24,000 | = | 0.0% |
| Reserves | 13 | €121,445 | €131,115 | +€9,670 | +8.0% |
| Distributable reserves | 133 | €121,445 | €131,115 | +€9,670 | +8.0% |
| Profit (loss) carried forward | 14 | €179,957 | €179,957 | = | 0.0% |
| Amounts payable | 17/49 | €311,339 | €150,153 | -€161,186 | -51.8% |
| Amounts payable after more than one year | 17 | €69,778 | €50,974 | -€18,804 | -26.9% |
| Financial debts | 170/4 | €69,778 | €50,974 | -€18,804 | -26.9% |
| Amounts payable within one year | 42/48 | €237,633 | €95,251 | -€142,382 | -59.9% |
| Current portion of amounts payable after more than one year | 42 | €17,841 | €18,804 | +€963 | +5.4% |
| Trade debts | 44 | €45,332 | €28,810 | -€16,522 | -36.4% |
| Suppliers | 440/4 | €45,332 | €28,810 | -€16,522 | -36.4% |
| Advances received on contracts in progress | 46 | €23,620 | - | -€23,620 | |
| Taxes, remuneration and social security | 45 | €99,322 | €8,089 | -€91,233 | -91.9% |
| Taxes | 450/3 | €99,322 | €8,089 | -€91,233 | -91.9% |
| Other amounts payable | 47/48 | €51,518 | €39,548 | -€11,970 | -23.2% |
| Accrued charges and deferred income | 492/3 | €3,928 | €3,928 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,697 | €19,725 | +€3,028 | +18.1% |
| Other operating charges | 640/8 | €2,157 | €3,390 | +€1,233 | +57.2% |
| Gross operating margin | 9900 | €103,296 | €46,913 | -€56,383 | -54.6% |
| Operating profit (loss) | 9901 | €84,442 | €23,798 | -€60,644 | -71.8% |
| Financial charges | 65/66B | €32,476 | €6,039 | -€26,437 | -81.4% |
| Recurring financial charges | 65 | €32,476 | €6,039 | -€26,437 | -81.4% |
| Profit (loss) for the period before taxes | 9903 | €51,966 | €17,759 | -€34,207 | -65.8% |
| Income taxes | 67/77 | €12,921 | €8,089 | -€4,832 | -37.4% |
| Profit (loss) for the period | 9904 | €39,045 | €9,670 | -€29,375 | -75.2% |
| Profit (loss) for the period to be appropriated | 9905 | €39,045 | €9,670 | -€29,375 | -75.2% |
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 5 October 2026 via checked.be.