IMMO-D.P.: 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.P.
Largest movements
- Cash -€55,217
down €55,217 (-83.6%), from €66,083 to €10,866
mainly Net result for the year (-€48,255) and Receivables within one year (-€45,600)
- Receivables within one year +€45,600
up €45,600 (+3040.0%), from €1,500 to €47,100
- Tangible fixed assets -€39,313
down €39,313 (-13.9%), from €283,554 to €244,241
of which Land and buildings: -€35,205
- Profit (loss) carried forward -€48,255
down €48,255 (-8.3%), from -€582,777 to -€631,033
- Other debts +€12,447
up €12,447 (+39.6%), from €31,428 to €43,875
- Accrued charges and deferred income -€9,936
down €9,936 (-26.0%), from €38,165 to €28,229
- Depreciation -€26,920
down €26,920 (-31.4%), from €85,690 to €58,771
- Financial charges -€9,936
down €9,936 (-25.7%), from €38,601 to €28,664
- Gross operating margin +€3,688
up €3,688 (+8.7%), from €42,497 to €46,186
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 | €351,137 | €302,207 | -€48,930 | -13.9% |
| Fixed assets | 21/28 | €283,554 | €244,241 | -€39,313 | -13.9% |
| Tangible fixed assets | 22/27 | €283,554 | €244,241 | -€39,313 | -13.9% |
| Land and buildings | 22 | €274,914 | €239,710 | -€35,205 | -12.8% |
| Plant, machinery and equipment | 23 | €8,640 | €4,532 | -€4,108 | -47.5% |
| Current assets | 29/58 | €67,583 | €57,966 | -€9,617 | -14.2% |
| Amounts receivable within one year | 40/41 | €1,500 | €47,100 | +€45,600 | +3040.0% |
| Other amounts receivable | 41 | €1,500 | €47,100 | +€45,600 | +3040.0% |
| Cash at bank and in hand | 54/58 | €66,083 | €10,866 | -€55,217 | -83.6% |
| Total equity and liabilities | 10/49 | €351,137 | €302,207 | -€48,930 | -13.9% |
| Equity | 10/15 | -€421,678 | -€469,934 | -€48,255 | -11.4% |
| Contributions | 10/11 | €138,000 | €138,000 | = | 0.0% |
| Capital | 10 | €138,000 | €138,000 | = | 0.0% |
| Issued capital | 100 | €138,000 | €138,000 | = | 0.0% |
| Reserves | 13 | €23,099 | €23,099 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,800 | €13,800 | = | 0.0% |
| Legal reserve | 130 | €13,800 | €13,800 | = | 0.0% |
| Distributable reserves | 133 | €9,299 | €9,299 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€582,777 | -€631,033 | -€48,255 | -8.3% |
| Amounts payable | 17/49 | €772,815 | €772,141 | -€675 | -0.1% |
| Amounts payable after more than one year | 17 | €700,000 | €700,000 | = | 0.0% |
| Financial debts | 170/4 | €700,000 | €700,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €34,650 | €43,911 | +€9,262 | +26.7% |
| Trade debts | 44 | €173 | €36 | -€137 | -79.0% |
| Suppliers | 440/4 | €173 | €36 | -€137 | -79.0% |
| Taxes, remuneration and social security | 45 | €3,049 | €0 | -€3,049 | -100.0% |
| Taxes | 450/3 | €3,049 | €0 | -€3,049 | -100.0% |
| Other amounts payable | 47/48 | €31,428 | €43,875 | +€12,447 | +39.6% |
| Accrued charges and deferred income | 492/3 | €38,165 | €28,229 | -€9,936 | -26.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,690 | €58,771 | -€26,920 | -31.4% |
| Other operating charges | 640/8 | €6,794 | €7,006 | +€212 | +3.1% |
| Gross operating margin | 9900 | €42,497 | €46,186 | +€3,688 | +8.7% |
| Operating profit (loss) | 9901 | -€49,987 | -€19,591 | +€30,396 | +60.8% |
| Financial charges | 65/66B | €38,601 | €28,664 | -€9,936 | -25.7% |
| Recurring financial charges | 65 | €38,601 | €28,664 | -€9,936 | -25.7% |
| Profit (loss) for the period before taxes | 9903 | -€88,588 | -€48,255 | +€40,332 | +45.5% |
| Profit (loss) for the period | 9904 | -€88,588 | -€48,255 | +€40,332 | +45.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€88,588 | -€48,255 | +€40,332 | +45.5% |
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 7 October 2026 via checked.be.