Immo D&C: 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.
Immo D&C
Largest movements
- Tangible fixed assets -€36,656
down €36,656 (-5.0%), from €734,950 to €698,294
- Other debts -€62,381
down €62,381 (-30.4%), from €205,456 to €143,075
- Profit (loss) carried forward +€12,707
up €12,707, from -€11,290 to €1,417
- Debts after one year +€12,361
up €12,361 (+2.5%), from €502,106 to €514,466
- Gross operating margin +€5,905
up €5,905 (+8.9%), from €66,167 to €72,072
- Taxes +€3,953
new in 2025: €3,953
- Other operating charges -€1,218
down €1,218 (-29.5%), from €4,129 to €2,911
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €734,950 | €698,294 | -€36,656 | -5.0% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €734,950 | €698,294 | -€36,656 | -5.0% |
| Tangible fixed assets | 22/27 | €734,950 | €698,294 | -€36,656 | -5.0% |
| Land and buildings | 22 | €734,950 | €698,294 | -€36,656 | -5.0% |
| Total equity and liabilities | 10/49 | €734,950 | €698,294 | -€36,656 | -5.0% |
| Equity | 10/15 | -€5,090 | €7,617 | +€12,707 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,290 | €1,417 | +€12,707 | |
| Amounts payable | 17/49 | €740,040 | €690,677 | -€49,363 | -6.7% |
| Amounts payable after more than one year | 17 | €502,106 | €514,466 | +€12,361 | +2.5% |
| Financial debts | 170/4 | €502,106 | €514,466 | +€12,361 | +2.5% |
| Amounts payable within one year | 42/48 | €237,631 | €176,150 | -€61,482 | -25.9% |
| Current portion of amounts payable after more than one year | 42 | €32,176 | €33,074 | +€899 | +2.8% |
| Other amounts payable | 47/48 | €205,456 | €143,075 | -€62,381 | -30.4% |
| Accrued charges and deferred income | 492/3 | €303 | €61 | -€241 | -79.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,656 | €36,656 | = | 0.0% |
| Other operating charges | 640/8 | €4,129 | €2,911 | -€1,218 | -29.5% |
| Gross operating margin | 9900 | €66,167 | €72,072 | +€5,905 | +8.9% |
| Operating profit (loss) | 9901 | €25,382 | €32,506 | +€7,123 | +28.1% |
| Financial charges | 65/66B | €15,745 | €15,847 | +€102 | +0.6% |
| Recurring financial charges | 65 | €15,745 | €15,847 | +€102 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €9,637 | €16,659 | +€7,022 | +72.9% |
| Income taxes | 67/77 | - | €3,953 | +€3,953 | |
| Profit (loss) for the period | 9904 | €9,637 | €12,706 | +€3,069 | +31.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,637 | €12,706 | +€3,069 | +31.8% |
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 4 October 2026 via checked.be.