DUONG -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.
DUONG -IMMO
Largest movements
- Tangible fixed assets -€13,133
down €13,133 (-5.7%), from €231,751 to €218,618
of which Land and buildings: -€12,887
- Cash -€3,423
down €3,423 (-9.6%), from €35,604 to €32,181
mainly Debts after one year (-€25,161) and Investment in fixed assets (net) (-€5,500)
- Debts after one year -€25,161
down €25,161 (-27.8%), from €90,382 to €65,221
of which Financial debts: -€25,161
- Profit (loss) carried forward +€9,068
up €9,068 (+17.1%), from €52,941 to €62,009
- Gross operating margin -€4,006
down €4,006 (-10.8%), from €37,051 to €33,045
- Other operating charges -€2,854
down €2,854 (-100%), from €2,854 to €0
- Financial charges -€551
down €551 (-19.8%), from €2,784 to €2,233
- Taxes -€500
down €500 (-13.8%), from €3,610 to €3,111
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 | €267,567 | €251,017 | -€16,551 | -6.2% |
| Fixed assets | 21/28 | €231,751 | €218,618 | -€13,133 | -5.7% |
| Tangible fixed assets | 22/27 | €231,751 | €218,618 | -€13,133 | -5.7% |
| Land and buildings | 22 | €230,971 | €218,083 | -€12,887 | -5.6% |
| Plant, machinery and equipment | 23 | €780 | €534 | -€246 | -31.5% |
| Current assets | 29/58 | €35,817 | €32,399 | -€3,418 | -9.5% |
| Cash at bank and in hand | 54/58 | €35,604 | €32,181 | -€3,423 | -9.6% |
| Deferred charges and accrued income | 490/1 | €213 | €218 | +€6 | +2.7% |
| Total equity and liabilities | 10/49 | €267,567 | €251,017 | -€16,551 | -6.2% |
| Equity | 10/15 | €74,941 | €84,009 | +€9,068 | +12.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,941 | €62,009 | +€9,068 | +17.1% |
| Amounts payable | 17/49 | €192,626 | €167,008 | -€25,619 | -13.3% |
| Amounts payable after more than one year | 17 | €90,382 | €65,221 | -€25,161 | -27.8% |
| Financial debts | 170/4 | €81,674 | €56,513 | -€25,161 | -30.8% |
| Other amounts payable | 178/9 | €8,707 | €8,707 | = | 0.0% |
| Amounts payable within one year | 42/48 | €102,245 | €101,787 | -€458 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €24,597 | €25,161 | +€564 | +2.3% |
| Trade debts | 44 | €3,812 | €3,880 | +€69 | +1.8% |
| Suppliers | 440/4 | €3,812 | €3,880 | +€69 | +1.8% |
| Taxes, remuneration and social security | 45 | €101 | €11 | -€90 | -89.4% |
| Taxes | 450/3 | €101 | €11 | -€90 | -89.4% |
| Other amounts payable | 47/48 | €73,735 | €72,735 | -€1,000 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,618 | €18,633 | +€14 | +0.1% |
| Other operating charges | 640/8 | €2,854 | €0 | -€2,854 | -100% |
| Gross operating margin | 9900 | €37,051 | €33,045 | -€4,006 | -10.8% |
| Operating profit (loss) | 9901 | €15,578 | €14,412 | -€1,166 | -7.5% |
| Financial income | 75/76B | €24 | €0 | -€24 | -100% |
| Recurring financial income | 75 | €24 | €0 | -€24 | -100% |
| Financial charges | 65/66B | €2,784 | €2,233 | -€551 | -19.8% |
| Recurring financial charges | 65 | €2,784 | €2,233 | -€551 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €12,818 | €12,179 | -€639 | -5.0% |
| Income taxes | 67/77 | €3,610 | €3,111 | -€500 | -13.8% |
| Profit (loss) for the period | 9904 | €9,208 | €9,068 | -€140 | -1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,208 | €9,068 | -€140 | -1.5% |
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 14 October 2026 via checked.be.