DZVM 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.
DZVM Immo
Largest movements
- Tangible fixed assets -€50,810
down €50,810 (-4.3%), from €1.2m to €1.1m
of which Land and buildings: -€55,097
- Debts after one year -€47,383
down €47,383 (-5.9%), from €808,813 to €761,430
- Profit (loss) carried forward -€15,505
down €15,505 (-1076.7%), from -€1,440 to -€16,945
- Gross operating margin -€9,247
down €9,247 (-11.4%), from €81,353 to €72,106
- Other operating charges +€4,862
up €4,862 (+164.9%), from €2,949 to €7,811
- Depreciation -€2,613
down €2,613 (-3.9%), from €66,457 to €63,844
- Financial charges +€2,085
up €2,085 (+16.6%), from €12,523 to €14,608
- Staff costs +€1,180
new in 2025: €1,180
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 | €1,189,347 | €1,136,947 | -€52,400 | -4.4% |
| Fixed assets | 21/28 | €1,182,765 | €1,131,955 | -€50,810 | -4.3% |
| Tangible fixed assets | 22/27 | €1,182,765 | €1,131,955 | -€50,810 | -4.3% |
| Land and buildings | 22 | €1,023,992 | €968,895 | -€55,097 | -5.4% |
| Furniture and vehicles | 24 | €6,809 | €6,203 | -€606 | -8.9% |
| Other tangible fixed assets | 26 | €151,964 | €156,857 | +€4,893 | +3.2% |
| Current assets | 29/58 | €6,582 | €4,992 | -€1,590 | -24.2% |
| Amounts receivable within one year | 40/41 | - | €218 | +€218 | |
| Trade receivables | 40 | - | €218 | +€218 | |
| Cash at bank and in hand | 54/58 | €6,582 | €4,774 | -€1,808 | -27.5% |
| Total equity and liabilities | 10/49 | €1,189,347 | €1,136,947 | -€52,400 | -4.4% |
| Equity | 10/15 | €13,560 | -€1,945 | -€15,505 | |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,440 | -€16,945 | -€15,505 | -1076.7% |
| Amounts payable | 17/49 | €1,175,787 | €1,138,892 | -€36,895 | -3.1% |
| Amounts payable after more than one year | 17 | €808,813 | €761,430 | -€47,383 | -5.9% |
| Financial debts | 170/4 | €808,813 | €761,430 | -€47,383 | -5.9% |
| Amounts payable within one year | 42/48 | €366,974 | €377,462 | +€10,488 | +2.9% |
| Current portion of amounts payable after more than one year | 42 | €46,832 | €47,383 | +€551 | +1.2% |
| Trade debts | 44 | €30,166 | €34,693 | +€4,527 | +15.0% |
| Suppliers | 440/4 | €30,166 | €34,693 | +€4,527 | +15.0% |
| Taxes, remuneration and social security | 45 | - | €10,548 | +€10,548 | |
| Taxes | 450/3 | - | €10,441 | +€10,441 | |
| Remuneration and social security | 454/9 | - | €107 | +€107 | |
| Other amounts payable | 47/48 | €289,976 | €284,838 | -€5,138 | -1.8% |
| Remuneration, social security and pensions | 62 | - | €1,180 | +€1,180 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,457 | €63,844 | -€2,613 | -3.9% |
| Other operating charges | 640/8 | €2,949 | €7,811 | +€4,862 | +164.9% |
| Gross operating margin | 9900 | €81,353 | €72,106 | -€9,247 | -11.4% |
| Operating profit (loss) | 9901 | €11,947 | -€729 | -€12,676 | |
| Financial charges | 65/66B | €12,523 | €14,608 | +€2,085 | +16.6% |
| Recurring financial charges | 65 | €12,523 | €14,608 | +€2,085 | +16.6% |
| Profit (loss) for the period before taxes | 9903 | -€576 | -€15,337 | -€14,761 | -2562.7% |
| Income taxes | 67/77 | - | €168 | +€168 | |
| Profit (loss) for the period | 9904 | -€576 | -€15,505 | -€14,929 | -2591.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€576 | -€15,505 | -€14,929 | -2591.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.