IMMO D.T.C.: 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.T.C.
Largest movements
- Tangible fixed assets -€13,277
down €13,277 (-8.1%), from €163,174 to €149,897
- Receivables within one year -€3,184
down €3,184 (-51.3%), from €6,203 to €3,018
of which Other amounts receivable: -€2,820
- Cash -€2,890
down €2,890 (-69.2%), from €4,175 to €1,284
mainly Current portion of long-term debt (-€13,927) and Tax, wage and social debts (-€1,955)
- Profit (loss) carried forward +€120,405
up €120,405, from -€120,405 to €0
- Reserves -€115,213
down €115,213 (-74.7%), from €154,284 to €39,071
of which Distributable reserves: -€111,856
- Current portion of long-term debt -€13,927
down €13,927 (-100%), from €13,927 to €0
- Revaluation surpluses -€5,662
down €5,662 (-12.7%), from €44,655 to €38,993
- Tax, wage and social debts -€1,955
down €1,955 (-55.7%), from €3,512 to €1,557
- Gross operating margin +€5,371
up €5,371 (+38.2%), from €14,076 to €19,447
- Financial charges +€1,910
up €1,910 (+547%), from €349 to €2,259
- Other operating charges +€912
up €912 (+44.1%), from €2,069 to €2,981
- Taxes +€682
up €682 (+29.1%), from €2,338 to €3,020
- Financial income +€438
up €438 (+689%), from €64 to €502
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €173,891 | €155,331 | -€18,560 | -10.7% |
| Fixed assets | 21/28 | €163,174 | €149,897 | -€13,277 | -8.1% |
| Tangible fixed assets | 22/27 | €163,174 | €149,897 | -€13,277 | -8.1% |
| Land and buildings | 22 | €163,174 | €149,897 | -€13,277 | -8.1% |
| Current assets | 29/58 | €10,717 | €5,434 | -€5,283 | -49.3% |
| Amounts receivable within one year | 40/41 | €6,203 | €3,018 | -€3,184 | -51.3% |
| Trade receivables | 40 | €3,031 | €2,667 | -€364 | -12.0% |
| Other amounts receivable | 41 | €3,171 | €351 | -€2,820 | -88.9% |
| Cash at bank and in hand | 54/58 | €4,175 | €1,284 | -€2,890 | -69.2% |
| Deferred charges and accrued income | 490/1 | €340 | €1,131 | +€792 | +233% |
| Total equity and liabilities | 10/49 | €173,891 | €155,331 | -€18,560 | -10.7% |
| Equity | 10/15 | €140,534 | €140,064 | -€470 | -0.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €44,655 | €38,993 | -€5,662 | -12.7% |
| Reserves | 13 | €154,284 | €39,071 | -€115,213 | -74.7% |
| Tax-exempt reserves | 132 | €23,495 | €20,139 | -€3,357 | -14.3% |
| Distributable reserves | 133 | €130,789 | €18,932 | -€111,856 | -85.5% |
| Profit (loss) carried forward | 14 | -€120,405 | €0 | +€120,405 | |
| Provisions and deferred taxes | 16 | €7,832 | €6,713 | -€1,119 | -14.3% |
| Deferred taxes | 168 | €7,832 | €6,713 | -€1,119 | -14.3% |
| Amounts payable | 17/49 | €25,525 | €8,553 | -€16,972 | -66.5% |
| Amounts payable after more than one year | 17 | €2,550 | €2,550 | = | 0.0% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €2,550 | €2,550 | = | 0.0% |
| Amounts payable within one year | 42/48 | €22,975 | €6,003 | -€16,972 | -73.9% |
| Current portion of amounts payable after more than one year | 42 | €13,927 | €0 | -€13,927 | -100% |
| Trade debts | 44 | €1,516 | €427 | -€1,089 | -71.9% |
| Suppliers | 440/4 | €1,516 | €427 | -€1,089 | -71.9% |
| Taxes, remuneration and social security | 45 | €3,512 | €1,557 | -€1,955 | -55.7% |
| Taxes | 450/3 | €3,512 | €1,557 | -€1,955 | -55.7% |
| Other amounts payable | 47/48 | €4,020 | €4,020 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,277 | €13,277 | = | 0.0% |
| Other operating charges | 640/8 | €2,069 | €2,981 | +€912 | +44.1% |
| Gross operating margin | 9900 | €14,076 | €19,447 | +€5,371 | +38.2% |
| Operating profit (loss) | 9901 | -€1,271 | €3,189 | +€4,459 | |
| Financial income | 75/76B | €64 | €502 | +€438 | +689% |
| Recurring financial income | 75 | €64 | €502 | +€438 | +689% |
| Financial charges | 65/66B | €349 | €2,259 | +€1,910 | +547% |
| Recurring financial charges | 65 | €349 | €2,259 | +€1,910 | +547% |
| Profit (loss) for the period before taxes | 9903 | -€1,556 | €1,431 | +€2,988 | |
| Transfer from deferred taxes | 780 | €1,119 | €1,119 | = | 0.0% |
| Income taxes | 67/77 | €2,338 | €3,020 | +€682 | +29.1% |
| Profit (loss) for the period | 9904 | -€2,776 | -€470 | +€2,306 | +83.1% |
| Transfer from tax-exempt reserves | 789 | €3,357 | €3,357 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €581 | €2,887 | +€2,306 | +397% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.