DO 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.
DO IMMO
Largest movements
- Tangible fixed assets -€22,100
down €22,100 (-6.0%), from €365,300 to €343,200
- Cash +€19,174
up €19,174 (+67.4%), from €28,462 to €47,636
mainly Net result for the year (+€29,658) and Depreciation (+€22,100)
- Debts after one year -€31,468
down €31,468 (-12.6%), from €250,483 to €219,015
- Profit (loss) carried forward +€29,658
up €29,658 (+31.7%), from €93,549 to €123,207
- Gross operating margin -€1,157
down €1,157 (-1.5%), from €76,643 to €75,486
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 | €393,762 | €392,516 | -€1,246 | -0.3% |
| Fixed assets | 21/28 | €365,300 | €343,200 | -€22,100 | -6.0% |
| Tangible fixed assets | 22/27 | €365,300 | €343,200 | -€22,100 | -6.0% |
| Land and buildings | 22 | €365,300 | €343,200 | -€22,100 | -6.0% |
| Current assets | 29/58 | €28,462 | €49,316 | +€20,854 | +73.3% |
| Cash at bank and in hand | 54/58 | €28,462 | €47,636 | +€19,174 | +67.4% |
| Deferred charges and accrued income | 490/1 | - | €1,680 | +€1,680 | |
| Total equity and liabilities | 10/49 | €393,762 | €392,516 | -€1,246 | -0.3% |
| Equity | 10/15 | €112,149 | €141,807 | +€29,658 | +26.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,549 | €123,207 | +€29,658 | +31.7% |
| Amounts payable | 17/49 | €281,613 | €250,709 | -€30,904 | -11.0% |
| Amounts payable after more than one year | 17 | €250,483 | €219,015 | -€31,468 | -12.6% |
| Financial debts | 170/4 | €250,483 | €219,015 | -€31,468 | -12.6% |
| Amounts payable within one year | 42/48 | €31,130 | €31,694 | +€564 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €30,906 | €31,468 | +€562 | +1.8% |
| Taxes, remuneration and social security | 45 | €224 | €226 | +€2 | +0.9% |
| Taxes | 450/3 | €224 | €226 | +€2 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,100 | €22,100 | = | 0.0% |
| Other operating charges | 640/8 | €8,095 | €8,349 | +€254 | +3.1% |
| Gross operating margin | 9900 | €76,643 | €75,486 | -€1,157 | -1.5% |
| Operating profit (loss) | 9901 | €46,448 | €45,037 | -€1,411 | -3.0% |
| Financial charges | 65/66B | €5,552 | €5,033 | -€519 | -9.3% |
| Recurring financial charges | 65 | €5,552 | €5,033 | -€519 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €40,896 | €40,004 | -€892 | -2.2% |
| Income taxes | 67/77 | €10,224 | €10,346 | +€122 | +1.2% |
| Profit (loss) for the period | 9904 | €30,672 | €29,658 | -€1,014 | -3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €30,672 | €29,658 | -€1,014 | -3.3% |
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.