IMMO DAP HEIDEL: 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 DAP HEIDEL
Largest movements
- Receivables within one year -€158,097
down €158,097 (-70.2%), from €225,268 to €67,171
of which Other amounts receivable: -€152,629
- Tangible fixed assets -€15,607
down €15,607 (-2.0%), from €797,318 to €781,711
- Other debts -€174,269
down €174,269 (-95.9%), from €181,745 to €7,476
- Debts after one year -€39,629
down €39,629 (-6.2%), from €641,641 to €602,012
- Profit (loss) carried forward +€26,483
up €26,483 (+19.5%), from €135,917 to €162,401
- Tax, wage and social debts +€15,696
up €15,696 (+1,278%), from €1,228 to €16,924
- Taxes +€21,069
up €21,069 (+360%), from €5,855 to €26,924
- Financial charges -€4,883
down €4,883 (-37.0%), from €13,208 to €8,325
- Gross operating margin +€4,415
up €4,415 (+3.6%), from €124,164 to €128,578
- Financial income -€2,349
down €2,349 (-61.9%), from €3,795 to €1,445
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 | €1,028,431 | €856,441 | -€171,990 | -16.7% |
| Fixed assets | 21/28 | €797,318 | €781,711 | -€15,607 | -2.0% |
| Tangible fixed assets | 22/27 | €797,318 | €781,711 | -€15,607 | -2.0% |
| Land and buildings | 22 | €797,318 | €781,711 | -€15,607 | -2.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €231,113 | €74,730 | -€156,383 | -67.7% |
| Amounts receivable within one year | 40/41 | €225,268 | €67,171 | -€158,097 | -70.2% |
| Trade receivables | 40 | €53,469 | €48,000 | -€5,469 | -10.2% |
| Other amounts receivable | 41 | €171,799 | €19,171 | -€152,629 | -88.8% |
| Cash at bank and in hand | 54/58 | €2,050 | €7,559 | +€5,509 | +269% |
| Deferred charges and accrued income | 490/1 | €3,795 | €0 | -€3,795 | -100% |
| Total equity and liabilities | 10/49 | €1,028,431 | €856,441 | -€171,990 | -16.7% |
| Equity | 10/15 | €163,917 | €190,401 | +€26,483 | +16.2% |
| Contributions | 10/11 | €28,000 | €28,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €135,917 | €162,401 | +€26,483 | +19.5% |
| Amounts payable | 17/49 | €864,514 | €666,041 | -€198,473 | -23.0% |
| Amounts payable after more than one year | 17 | €641,641 | €602,012 | -€39,629 | -6.2% |
| Financial debts | 170/4 | €641,641 | €602,012 | -€39,629 | -6.2% |
| Amounts payable within one year | 42/48 | €222,873 | €64,029 | -€158,844 | -71.3% |
| Current portion of amounts payable after more than one year | 42 | €39,205 | €39,629 | +€424 | +1.1% |
| Trade debts | 44 | €695 | €0 | -€695 | -100% |
| Suppliers | 440/4 | €695 | €0 | -€695 | -100% |
| Taxes, remuneration and social security | 45 | €1,228 | €16,924 | +€15,696 | +1,278% |
| Taxes | 450/3 | €1,228 | €16,924 | +€15,696 | +1,278% |
| Other amounts payable | 47/48 | €181,745 | €7,476 | -€174,269 | -95.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,489 | €15,607 | +€118 | +0.8% |
| Other operating charges | 640/8 | €2,635 | €2,844 | +€209 | +7.9% |
| Gross operating margin | 9900 | €124,164 | €128,578 | +€4,415 | +3.6% |
| Operating profit (loss) | 9901 | €106,040 | €110,128 | +€4,088 | +3.9% |
| Financial income | 75/76B | €3,795 | €1,445 | -€2,349 | -61.9% |
| Recurring financial income | 75 | €3,795 | €1,445 | -€2,349 | -61.9% |
| Financial charges | 65/66B | €13,208 | €8,325 | -€4,883 | -37.0% |
| Recurring financial charges | 65 | €13,208 | €8,325 | -€4,883 | -37.0% |
| Profit (loss) for the period before taxes | 9903 | €96,626 | €103,248 | +€6,621 | +6.9% |
| Income taxes | 67/77 | €5,855 | €26,924 | +€21,069 | +360% |
| Profit (loss) for the period | 9904 | €90,771 | €76,323 | -€14,448 | -15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €90,771 | €76,323 | -€14,448 | -15.9% |
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 20 October 2026 via checked.be.