DR-Immo: what changed
Two financial 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.
DR-Immo
Largest movements
- Current investments -€490,000
down €490,000 (-24.2%), from €2.0m to €1.5m
- Receivables within one year +€60,195
up €60,195 (+46.2%), from €130,210 to €190,406
of which Other amounts receivable: +€60,195
- Tangible fixed assets +€38,291
up €38,291, from €0 to €38,291
of which Land and buildings: +€38,291
- Other debts -€605,000
down €605,000 (-100%), from €605,000 to €0
- Profit (loss) carried forward +€145,024
up €145,024 (+35.8%), from -€404,779 to -€259,754
- Gross operating margin -€175,526
down €175,526 (-48.4%), from €362,589 to €187,063
- Other operating charges -€29,031
down €29,031 (-57.3%), from €50,634 to €21,604
- Financial income -€26,269
down €26,269 (-40.9%), from €64,262 to €37,993
- Taxes -€11,196
down €11,196 (-18.5%), from €60,660 to €49,464
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.
Derived cash bridge
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 | €2,272,308 | €1,858,251 | -€414,058 | -18.2% |
| Fixed assets | 21/28 | €1,500 | €39,791 | +€38,291 | +2,553% |
| Tangible fixed assets | 22/27 | €0 | €38,291 | +€38,291 | |
| Land and buildings | 22 | - | €38,291 | +€38,291 | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Leasing and similar rights | 25 | €0 | - | = | |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €2,270,808 | €1,818,460 | -€452,348 | -19.9% |
| Amounts receivable within one year | 40/41 | €130,210 | €190,406 | +€60,195 | +46.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €130,210 | €190,406 | +€60,195 | +46.2% |
| Current investments | 50/53 | €2,025,000 | €1,535,000 | -€490,000 | -24.2% |
| Cash at bank and in hand | 54/58 | €21,667 | €10,743 | -€10,923 | -50.4% |
| Deferred charges and accrued income | 490/1 | €93,931 | €82,311 | -€11,621 | -12.4% |
| Total equity and liabilities | 10/49 | €2,272,308 | €1,858,251 | -€414,058 | -18.2% |
| Equity | 10/15 | €1,573,321 | €1,756,636 | +€183,315 | +11.7% |
| Contributions | 10/11 | €1,962,000 | €1,981,683 | +€19,683 | +1.0% |
| Capital | 10 | €1,962,000 | €1,981,683 | +€19,683 | +1.0% |
| Issued capital | 100 | €1,962,000 | €1,981,683 | +€19,683 | +1.0% |
| Reserves | 13 | €16,099 | €34,707 | +€18,608 | +116% |
| Non-distributable reserves | 130/1 | €16,099 | €18,078 | +€1,979 | +12.3% |
| Legal reserve | 130 | €16,099 | €18,078 | +€1,979 | +12.3% |
| Tax-exempt reserves | 132 | - | €1,769 | +€1,769 | |
| Distributable reserves | 133 | - | €14,859 | +€14,859 | |
| Profit (loss) carried forward | 14 | -€404,779 | -€259,754 | +€145,024 | +35.8% |
| Amounts payable | 17/49 | €698,988 | €101,615 | -€597,373 | -85.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €695,938 | €101,615 | -€594,323 | -85.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €2,023 | €2,875 | +€852 | +42.1% |
| Suppliers | 440/4 | €2,023 | €2,875 | +€852 | +42.1% |
| Taxes, remuneration and social security | 45 | €88,915 | €98,740 | +€9,825 | +11.0% |
| Taxes | 450/3 | €88,915 | €98,740 | +€9,825 | +11.0% |
| Other amounts payable | 47/48 | €605,000 | €0 | -€605,000 | -100% |
| Accrued charges and deferred income | 492/3 | €3,050 | €0 | -€3,050 | -100% |
| Non-recurring operating income | 76A | €218,332 | €900 | -€217,432 | -99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €345 | €0 | -€345 | -100% |
| Other operating charges | 640/8 | €50,634 | €21,604 | -€29,031 | -57.3% |
| Gross operating margin | 9900 | €362,589 | €187,063 | -€175,526 | -48.4% |
| Operating profit (loss) | 9901 | €311,610 | €165,459 | -€146,151 | -46.9% |
| Financial income | 75/76B | €64,262 | €37,993 | -€26,269 | -40.9% |
| Recurring financial income | 75 | €64,262 | €37,993 | -€26,269 | -40.9% |
| Financial charges | 65/66B | €11,458 | €8,964 | -€2,494 | -21.8% |
| Recurring financial charges | 65 | €11,458 | €8,964 | -€2,494 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | €364,414 | €194,488 | -€169,925 | -46.6% |
| Income taxes | 67/77 | €60,660 | €49,464 | -€11,196 | -18.5% |
| Profit (loss) for the period | 9904 | €303,753 | €145,024 | -€158,729 | -52.3% |
| Profit (loss) for the period to be appropriated | 9905 | €303,753 | €145,024 | -€158,729 | -52.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.