FOCKEDEY 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.
What changed
FOCKEDEY IMMO
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€10,469
2024 · €5,951-€16,420
Equity
€1.7m
2024 · €1.8m-€13,033
Cash
€46,385
2024 · €42,263+€4,121
Balance sheet total
€6.6m
2024 · €6.8m-€252,047
Largest movements
Assets
- Tangible fixed assets -€228,712
down €228,712 (-3.5%), from €6.5m to €6.3m
of which Land and buildings: -€162,435
Equity and liabilities
- Debts after one year -€183,568
down €183,568 (-4.6%), from €4.0m to €3.8m
- Other debts -€70,000
down €70,000 (-10.9%), from €640,000 to €570,000
Income statement
- Gross operating margin -€43,473
down €43,473 (-5.8%), from €745,818 to €702,345
- Financial charges -€14,651
down €14,651 (-7.7%), from €189,922 to €175,271
- Depreciation -€11,219
down €11,219 (-2.6%), from €433,000 to €421,781
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.
Result 2024
€5,951
Gross operating margin
-€43,473
Depreciation
+€11,219
Other operating charges
-€3,276
Financial income
-€1,017
Financial charges
+€14,651
Taxes
+€5,477
Result 2025
-€10,469
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.
From operations
+€379,871
Investment
-€193,069
Financing
-€182,681
Cash 2024
€42,263
From operations (derived)
+€379,871
Net result for the year
-€10,469
Depreciation
+€421,781
Receivables within one year
+€27,456
Trade debts
+€6,018
Tax, wage and social debts
+€5,085
Other debts
-€70,000
Investment (derived)
-€193,069
Investment in fixed assets (net)
-€193,069
Financing
-€182,681
Debts after one year
-€183,568
Current portion of long-term debt
+€3,450
Contributions, distributions and other
-€2,563
Cash 2025
€46,385
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,818,198 | €6,566,151 | -€252,047 | -3.7% |
| Fixed assets | 21/28 | €6,491,108 | €6,262,396 | -€228,712 | -3.5% |
| Tangible fixed assets | 22/27 | €6,490,431 | €6,261,720 | -€228,712 | -3.5% |
| Land and buildings | 22 | €6,146,056 | €5,983,621 | -€162,435 | -2.6% |
| Furniture and vehicles | 24 | €2,620 | €7,085 | +€4,465 | +170.4% |
| Other tangible fixed assets | 26 | €341,755 | €271,014 | -€70,742 | -20.7% |
| Financial fixed assets | 28 | €677 | €677 | = | 0.0% |
| Current assets | 29/58 | €327,090 | €303,755 | -€23,335 | -7.1% |
| Amounts receivable within one year | 40/41 | €284,827 | €257,370 | -€27,456 | -9.6% |
| Trade receivables | 40 | €250,862 | €255,854 | +€4,992 | +2.0% |
| Other amounts receivable | 41 | €33,965 | €1,516 | -€32,449 | -95.5% |
| Cash at bank and in hand | 54/58 | €42,263 | €46,385 | +€4,121 | +9.8% |
| Total equity and liabilities | 10/49 | €6,818,198 | €6,566,151 | -€252,047 | -3.7% |
| Equity | 10/15 | €1,757,665 | €1,744,633 | -€13,033 | -0.7% |
| Contributions | 10/11 | €1,158,228 | €1,158,228 | = | 0.0% |
| Capital | 10 | €1,158,228 | €1,158,228 | = | 0.0% |
| Issued capital | 100 | €1,158,228 | €1,158,228 | = | 0.0% |
| Reserves | 13 | €202,435 | €202,435 | = | 0.0% |
| Non-distributable reserves | 130/1 | €52,783 | €52,783 | = | 0.0% |
| Legal reserve | 130 | €52,783 | €52,783 | = | 0.0% |
| Tax-exempt reserves | 132 | €100,917 | €100,917 | = | 0.0% |
| Distributable reserves | 133 | €48,735 | €48,735 | = | 0.0% |
| Profit (loss) carried forward | 14 | €394,439 | €383,969 | -€10,469 | -2.7% |
| Investment grants | 15 | €2,563 | - | -€2,563 | |
| Amounts payable | 17/49 | €5,060,533 | €4,821,518 | -€239,014 | -4.7% |
| Amounts payable after more than one year | 17 | €4,000,621 | €3,817,053 | -€183,568 | -4.6% |
| Financial debts | 170/4 | €4,000,621 | €3,817,053 | -€183,568 | -4.6% |
| Amounts payable within one year | 42/48 | €1,059,911 | €1,004,465 | -€55,446 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €278,222 | €281,672 | +€3,450 | +1.2% |
| Trade debts | 44 | €90,957 | €96,975 | +€6,018 | +6.6% |
| Suppliers | 440/4 | €90,957 | €96,975 | +€6,018 | +6.6% |
| Taxes, remuneration and social security | 45 | €50,733 | €55,818 | +€5,085 | +10.0% |
| Taxes | 450/3 | €47,733 | €55,818 | +€8,085 | +16.9% |
| Remuneration and social security | 454/9 | €3,000 | - | -€3,000 | |
| Other amounts payable | 47/48 | €640,000 | €570,000 | -€70,000 | -10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €433,000 | €421,781 | -€11,219 | -2.6% |
| Other operating charges | 640/8 | €110,486 | €113,762 | +€3,276 | +3.0% |
| Gross operating margin | 9900 | €745,818 | €702,345 | -€43,473 | -5.8% |
| Operating profit (loss) | 9901 | €202,332 | €166,803 | -€35,530 | -17.6% |
| Financial income | 75/76B | €3,581 | €2,563 | -€1,017 | -28.4% |
| Recurring financial income | 75 | €3,581 | €2,563 | -€1,017 | -28.4% |
| Financial charges | 65/66B | €189,922 | €175,271 | -€14,651 | -7.7% |
| Recurring financial charges | 65 | €189,922 | €175,271 | -€14,651 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €15,992 | -€5,905 | -€21,897 | |
| Income taxes | 67/77 | €10,041 | €4,564 | -€5,477 | -54.5% |
| Profit (loss) for the period | 9904 | €5,951 | -€10,469 | -€16,420 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,951 | -€10,469 | -€16,420 |
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 6 October 2026 via checked.be.