IMMO D'OR: 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'OR
Largest movements
- Receivables within one year +€3,804
up €3,804 (+71.0%), from €5,361 to €9,165
of which Trade receivables: +€2,789
- Cash -€1,909
down €1,909 (-7.0%), from €27,217 to €25,308
mainly Receivables within one year (-€3,804) and Tax, wage and social debts (-€3,794)
- Intangible fixed assets -€617
down €617 (-50.7%), from €1,216 to €600
- Tangible fixed assets -€603
down €603 (-10.5%), from €5,722 to €5,119
- Profit (loss) carried forward +€4,407
up €4,407 (+16.0%), from €27,585 to €31,991
- Tax, wage and social debts -€3,794
down €3,794 (-54.0%), from €7,020 to €3,226
- Gross operating margin -€10,751
down €10,751 (-58.7%), from €18,323 to €7,573
- Taxes -€1,924
down €1,924 (-60.7%), from €3,172 to €1,247
- Depreciation +€296
up €296 (+32.0%), from €924 to €1,220
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 | €39,857 | €40,191 | +€335 | +0.8% |
| Fixed assets | 21/28 | €6,939 | €5,719 | -€1,220 | -17.6% |
| Intangible fixed assets | 21 | €1,216 | €600 | -€617 | -50.7% |
| Tangible fixed assets | 22/27 | €5,722 | €5,119 | -€603 | -10.5% |
| Land and buildings | 22 | €5,722 | €5,119 | -€603 | -10.5% |
| Current assets | 29/58 | €32,918 | €34,472 | +€1,554 | +4.7% |
| Amounts receivable within one year | 40/41 | €5,361 | €9,165 | +€3,804 | +71.0% |
| Trade receivables | 40 | €5,361 | €8,150 | +€2,789 | +52.0% |
| Other amounts receivable | 41 | €0 | €1,015 | +€1,015 | |
| Cash at bank and in hand | 54/58 | €27,217 | €25,308 | -€1,909 | -7.0% |
| Deferred charges and accrued income | 490/1 | €340 | €0 | -€340 | -100% |
| Total equity and liabilities | 10/49 | €39,857 | €40,191 | +€335 | +0.8% |
| Equity | 10/15 | €29,085 | €33,491 | +€4,407 | +15.2% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,585 | €31,991 | +€4,407 | +16.0% |
| Amounts payable | 17/49 | €10,772 | €6,700 | -€4,072 | -37.8% |
| Amounts payable within one year | 42/48 | €10,772 | €6,700 | -€4,072 | -37.8% |
| Trade debts | 44 | €2,593 | €2,314 | -€278 | -10.7% |
| Suppliers | 440/4 | €2,593 | €2,314 | -€278 | -10.7% |
| Taxes, remuneration and social security | 45 | €7,020 | €3,226 | -€3,794 | -54.0% |
| Taxes | 450/3 | €7,020 | €3,226 | -€3,794 | -54.0% |
| Other amounts payable | 47/48 | €1,159 | €1,159 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €924 | €1,220 | +€296 | +32.0% |
| Other operating charges | 640/8 | €718 | €640 | -€79 | -10.9% |
| Gross operating margin | 9900 | €18,323 | €7,573 | -€10,751 | -58.7% |
| Operating profit (loss) | 9901 | €16,681 | €5,713 | -€10,968 | -65.8% |
| Financial income | 75/76B | €0 | €10 | +€10 | |
| Recurring financial income | 75 | €0 | €10 | +€10 | |
| Financial charges | 65/66B | €85 | €69 | -€16 | -18.8% |
| Recurring financial charges | 65 | €85 | €69 | -€16 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €16,596 | €5,654 | -€10,942 | -65.9% |
| Income taxes | 67/77 | €3,172 | €1,247 | -€1,924 | -60.7% |
| Profit (loss) for the period | 9904 | €13,424 | €4,407 | -€9,017 | -67.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,424 | €4,407 | -€9,017 | -67.2% |
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 14 October 2026 via checked.be.