Immo D.J.: 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.J.
Largest movements
- Tangible fixed assets -€74,696
down €74,696 (-2.7%), from €2.8m to €2.7m
- Cash +€29,606
up €29,606 (+24.6%), from €120,527 to €150,133
mainly Depreciation (+€83,289) and Net result for the year (+€2,592)
- Debts after one year -€33,333
down €33,333 (-8.5%), from €391,667 to €358,333
- Gross operating margin +€41,354
up €41,354 (+85.5%), from €48,382 to €89,736
- Financial income +€5,658
up €5,658 (+28290450.0%), from €0 to €5,658
- Other operating charges +€1,404
up €1,404 (+13.2%), from €10,606 to €12,010
- Depreciation +€1,188
up €1,188 (+1.4%), from €82,101 to €83,289
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 | €2,941,019 | €2,896,582 | -€44,437 | -1.5% |
| Fixed assets | 21/28 | €2,795,166 | €2,720,470 | -€74,696 | -2.7% |
| Tangible fixed assets | 22/27 | €2,795,166 | €2,720,470 | -€74,696 | -2.7% |
| Land and buildings | 22 | €2,795,166 | €2,720,470 | -€74,696 | -2.7% |
| Current assets | 29/58 | €145,853 | €176,112 | +€30,260 | +20.7% |
| Amounts receivable within one year | 40/41 | - | €621 | +€621 | |
| Other amounts receivable | 41 | - | €621 | +€621 | |
| Current investments | 50/53 | €24,450 | €24,450 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €120,527 | €150,133 | +€29,606 | +24.6% |
| Deferred charges and accrued income | 490/1 | €875 | €908 | +€33 | +3.8% |
| Total equity and liabilities | 10/49 | €2,941,019 | €2,896,582 | -€44,437 | -1.5% |
| Equity | 10/15 | €2,135,460 | €2,138,052 | +€2,592 | +0.1% |
| Contributions | 10/11 | €893,000 | €893,000 | = | 0.0% |
| Outside capital | 11 | €893,000 | €893,000 | = | 0.0% |
| Other | 1109/19 | €893,000 | €893,000 | = | 0.0% |
| Reserves | 13 | €1,242,460 | €1,245,052 | +€2,592 | +0.2% |
| Tax-exempt reserves | 132 | €1,134,927 | €1,097,594 | -€37,333 | -3.3% |
| Distributable reserves | 133 | €107,533 | €147,458 | +€39,925 | +37.1% |
| Provisions and deferred taxes | 16 | €378,309 | €365,865 | -€12,444 | -3.3% |
| Deferred taxes | 168 | €378,309 | €365,865 | -€12,444 | -3.3% |
| Amounts payable | 17/49 | €427,249 | €392,665 | -€34,584 | -8.1% |
| Amounts payable after more than one year | 17 | €391,667 | €358,333 | -€33,333 | -8.5% |
| Financial debts | 170/4 | €391,667 | €358,333 | -€33,333 | -8.5% |
| Amounts payable within one year | 42/48 | €33,444 | €33,333 | -€111 | -0.3% |
| Current portion of amounts payable after more than one year | 42 | €33,333 | €33,333 | = | 0.0% |
| Trade debts | 44 | €54 | - | -€54 | |
| Suppliers | 440/4 | €54 | - | -€54 | |
| Other amounts payable | 47/48 | €57 | - | -€57 | |
| Accrued charges and deferred income | 492/3 | €2,139 | €999 | -€1,140 | -53.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,101 | €83,289 | +€1,188 | +1.4% |
| Other operating charges | 640/8 | €10,606 | €12,010 | +€1,404 | +13.2% |
| Gross operating margin | 9900 | €48,382 | €89,736 | +€41,354 | +85.5% |
| Operating profit (loss) | 9901 | -€44,326 | -€5,564 | +€38,762 | +87.4% |
| Financial income | 75/76B | €0 | €5,658 | +€5,658 | +28290450.0% |
| Recurring financial income | 75 | €0 | €5,658 | +€5,658 | +28290450.0% |
| Financial charges | 65/66B | €10,750 | €9,947 | -€803 | -7.5% |
| Recurring financial charges | 65 | €10,750 | €9,947 | -€803 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | -€55,076 | -€9,852 | +€45,224 | +82.1% |
| Transfer from deferred taxes | 780 | €12,444 | €12,444 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€42,631 | €2,592 | +€45,224 | |
| Transfer from tax-exempt reserves | 789 | €37,333 | €37,333 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,299 | €39,925 | +€45,224 |
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 5 October 2026 via checked.be.