IMMO D&D: 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.
IMMO D&D
Largest movements
- Cash +€350,924
up €350,924 (+806%), from €43,545 to €394,468
mainly Other debts (+€262,500) and Stocks and contracts (+€139,000)
- Stocks and contracts -€139,000
down €139,000 (-10.7%), from €1.3m to €1.2m
- Receivables within one year +€17,817
up €17,817 (+43.1%), from €41,318 to €59,135
of which Other amounts receivable: +€17,817
- Other debts +€262,500
up €262,500 (+206%), from €127,386 to €389,886
- Short-term financial debts -€111,294
down €111,294 (-13.2%), from €843,000 to €731,706
- Trade debts +€35,371
up €35,371 (+259%), from €13,676 to €49,047
- Reserves +€35,052
up €35,052 (+10.2%), from €345,060 to €380,112
- Financial charges +€26,351
up €26,351 (+140%), from €18,802 to €45,153
- Other operating charges +€24,539
up €24,539 (+35.5%), from €69,029 to €93,568
- Taxes -€20,998
down €20,998 (-62.7%), from €33,516 to €12,518
- Gross operating margin -€6,020
down €6,020 (-3.1%), from €191,119 to €185,099
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 | €1,388,863 | €1,618,603 | +€229,740 | +16.5% |
| Current assets | 29/58 | €1,388,863 | €1,618,603 | +€229,740 | +16.5% |
| Stocks and contracts in progress | 3 | €1,304,000 | €1,165,000 | -€139,000 | -10.7% |
| Stocks | 30/36 | €1,304,000 | €1,165,000 | -€139,000 | -10.7% |
| Amounts receivable within one year | 40/41 | €41,318 | €59,135 | +€17,817 | +43.1% |
| Trade receivables | 40 | €3,691 | €3,691 | = | 0.0% |
| Other amounts receivable | 41 | €37,627 | €55,444 | +€17,817 | +47.4% |
| Cash at bank and in hand | 54/58 | €43,545 | €394,468 | +€350,924 | +806% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,388,863 | €1,618,603 | +€229,740 | +16.5% |
| Equity | 10/15 | €351,260 | €386,312 | +€35,052 | +10.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €345,060 | €380,112 | +€35,052 | +10.2% |
| Distributable reserves | 133 | €345,060 | €380,112 | +€35,052 | +10.2% |
| Amounts payable | 17/49 | €1,037,603 | €1,232,292 | +€194,689 | +18.8% |
| Amounts payable within one year | 42/48 | €1,029,752 | €1,231,162 | +€201,409 | +19.6% |
| Current portion of amounts payable after more than one year | 42 | €23,877 | €23,683 | -€193 | -0.8% |
| Financial debts | 43 | €843,000 | €731,706 | -€111,294 | -13.2% |
| Credit institutions | 430/8 | €843,000 | €731,706 | -€111,294 | -13.2% |
| Trade debts | 44 | €13,676 | €49,047 | +€35,371 | +259% |
| Suppliers | 440/4 | €13,676 | €49,047 | +€35,371 | +259% |
| Taxes, remuneration and social security | 45 | €21,814 | €36,840 | +€15,026 | +68.9% |
| Taxes | 450/3 | €21,814 | €36,840 | +€15,026 | +68.9% |
| Other amounts payable | 47/48 | €127,386 | €389,886 | +€262,500 | +206% |
| Accrued charges and deferred income | 492/3 | €7,850 | €1,130 | -€6,720 | -85.6% |
| Other operating charges | 640/8 | €69,029 | €93,568 | +€24,539 | +35.5% |
| Gross operating margin | 9900 | €191,119 | €185,099 | -€6,020 | -3.1% |
| Operating profit (loss) | 9901 | €122,090 | €91,530 | -€30,559 | -25.0% |
| Financial income | 75/76B | €1,055 | €1,192 | +€137 | +13.0% |
| Recurring financial income | 75 | €1,055 | €1,192 | +€137 | +13.0% |
| Financial charges | 65/66B | €18,802 | €45,153 | +€26,351 | +140% |
| Recurring financial charges | 65 | €18,802 | €45,153 | +€26,351 | +140% |
| Profit (loss) for the period before taxes | 9903 | €104,342 | €47,569 | -€56,773 | -54.4% |
| Income taxes | 67/77 | €33,516 | €12,518 | -€20,998 | -62.7% |
| Profit (loss) for the period | 9904 | €70,827 | €35,052 | -€35,775 | -50.5% |
| Profit (loss) for the period to be appropriated | 9905 | €70,827 | €35,052 | -€35,775 | -50.5% |
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 15 October 2026 via checked.be.