IMMO D&F: 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&F
Largest movements
- Tangible fixed assets -€20,652
down €20,652 (-2.7%), from €774,912 to €754,260
- Other debts -€179,048
down €179,048 (-100%), from €179,048 to €0
- Debts after one year +€158,779
up €158,779 (+37.3%), from €425,877 to €584,656
of which Other amounts payable: +€197,624
- Financial charges -€5,507
down €5,507 (-18.6%), from €29,582 to €24,075
- Gross operating margin -€2,611
down €2,611 (-3.3%), from €78,088 to €75,478
- Other operating charges -€1,160
down €1,160 (-16.0%), from €7,261 to €6,101
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 | €779,053 | €758,666 | -€20,387 | -2.6% |
| Fixed assets | 21/28 | €774,912 | €754,260 | -€20,652 | -2.7% |
| Tangible fixed assets | 22/27 | €774,912 | €754,260 | -€20,652 | -2.7% |
| Land and buildings | 22 | €774,912 | €754,260 | -€20,652 | -2.7% |
| Current assets | 29/58 | €4,141 | €4,406 | +€266 | +6.4% |
| Amounts receivable within one year | 40/41 | - | €4,406 | +€4,406 | |
| Other amounts receivable | 41 | - | €4,406 | +€4,406 | |
| Cash at bank and in hand | 54/58 | €4,141 | €0 | -€4,141 | -100% |
| Total equity and liabilities | 10/49 | €779,053 | €758,666 | -€20,387 | -2.6% |
| Equity | 10/15 | €102,581 | €107,120 | +€4,539 | +4.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €83,981 | €88,520 | +€4,539 | +5.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €82,121 | €86,660 | +€4,539 | +5.5% |
| Amounts payable | 17/49 | €676,472 | €651,546 | -€24,926 | -3.7% |
| Amounts payable after more than one year | 17 | €425,877 | €584,656 | +€158,779 | +37.3% |
| Financial debts | 170/4 | €425,877 | €387,032 | -€38,846 | -9.1% |
| Other amounts payable | 178/9 | - | €197,624 | +€197,624 | |
| Amounts payable within one year | 42/48 | €243,595 | €66,890 | -€176,705 | -72.5% |
| Current portion of amounts payable after more than one year | 42 | €60,444 | €66,844 | +€6,401 | +10.6% |
| Financial debts | 43 | - | €46 | +€46 | |
| Credit institutions | 430/8 | - | €46 | +€46 | |
| Trade debts | 44 | €174 | €0 | -€174 | -100% |
| Suppliers | 440/4 | €174 | €0 | -€174 | -100% |
| Taxes, remuneration and social security | 45 | €3,929 | €0 | -€3,929 | -100% |
| Taxes | 450/3 | €3,929 | €0 | -€3,929 | -100% |
| Other amounts payable | 47/48 | €179,048 | €0 | -€179,048 | -100% |
| Accrued charges and deferred income | 492/3 | €7,000 | €0 | -€7,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,404 | €40,052 | -€352 | -0.9% |
| Other operating charges | 640/8 | €7,261 | €6,101 | -€1,160 | -16.0% |
| Gross operating margin | 9900 | €78,088 | €75,478 | -€2,611 | -3.3% |
| Operating profit (loss) | 9901 | €30,423 | €29,324 | -€1,099 | -3.6% |
| Financial income | 75/76B | €82 | €0 | -€82 | -100% |
| Recurring financial income | 75 | €82 | €0 | -€82 | -100% |
| Financial charges | 65/66B | €29,582 | €24,075 | -€5,507 | -18.6% |
| Recurring financial charges | 65 | €29,582 | €24,075 | -€5,507 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €923 | €5,249 | +€4,326 | +469% |
| Income taxes | 67/77 | €204 | €710 | +€506 | +249% |
| Profit (loss) for the period | 9904 | €719 | €4,539 | +€3,820 | +531% |
| Profit (loss) for the period to be appropriated | 9905 | €719 | €4,539 | +€3,820 | +531% |
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 27 October 2026 via checked.be.