IMMO DCT: 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 DCT
Largest movements
- Tangible fixed assets -€116,414
down €116,414 (-4.6%), from €2.5m to €2.4m
of which Land and buildings: -€110,536
- Cash +€69,788
up €69,788 (+19,365%), from €360 to €70,148
mainly Other debts (+€143,885) and Depreciation (+€116,414)
- Other debts +€143,885
up €143,885 (+21.3%), from €674,929 to €818,814
- Debts after one year -€142,303
down €142,303 (-9.6%), from €1.5m to €1.3m
of which Financial debts: -€142,303
- Profit (loss) carried forward -€63,068
down €63,068 (-87.7%), from €71,892 to €8,824
- Gross operating margin +€59,280
up €59,280 (+33.7%), from €175,701 to €234,980
- Depreciation +€46,002
up €46,002 (+65.3%), from €70,412 to €116,414
- Financial charges +€36,744
up €36,744 (+354%), from €10,379 to €47,124
- Other operating charges -€22,137
down €22,137 (-14.1%), from €156,647 to €134,510
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 | €2,527,891 | €2,475,064 | -€52,827 | -2.1% |
| Fixed assets | 21/28 | €2,521,330 | €2,404,915 | -€116,414 | -4.6% |
| Tangible fixed assets | 22/27 | €2,521,330 | €2,404,915 | -€116,414 | -4.6% |
| Land and buildings | 22 | €2,500,247 | €2,389,711 | -€110,536 | -4.4% |
| Other tangible fixed assets | 26 | €21,083 | €15,205 | -€5,878 | -27.9% |
| Current assets | 29/58 | €6,561 | €70,148 | +€63,587 | +969% |
| Amounts receivable within one year | 40/41 | €3,688 | - | -€3,688 | |
| Trade receivables | 40 | €3,688 | - | -€3,688 | |
| Cash at bank and in hand | 54/58 | €360 | €70,148 | +€69,788 | +19,365% |
| Deferred charges and accrued income | 490/1 | €2,513 | - | -€2,513 | |
| Total equity and liabilities | 10/49 | €2,527,891 | €2,475,064 | -€52,827 | -2.1% |
| Equity | 10/15 | €238,131 | €175,063 | -€63,068 | -26.5% |
| 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% |
| Reserves | 13 | €104,239 | €104,239 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €98,039 | €98,039 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,892 | €8,824 | -€63,068 | -87.7% |
| Amounts payable | 17/49 | €2,289,759 | €2,300,000 | +€10,241 | +0.4% |
| Amounts payable after more than one year | 17 | €1,478,250 | €1,335,947 | -€142,303 | -9.6% |
| Financial debts | 170/4 | €1,418,250 | €1,275,947 | -€142,303 | -10.0% |
| Other amounts payable | 178/9 | €60,000 | €60,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €811,510 | €964,053 | +€152,544 | +18.8% |
| Current portion of amounts payable after more than one year | 42 | €130,901 | €142,303 | +€11,402 | +8.7% |
| Financial debts | 43 | €843 | - | -€843 | |
| Credit institutions | 430/8 | €843 | - | -€843 | |
| Trade debts | 44 | €4,837 | €2,936 | -€1,900 | -39.3% |
| Suppliers | 440/4 | €4,837 | €2,936 | -€1,900 | -39.3% |
| Other amounts payable | 47/48 | €674,929 | €818,814 | +€143,885 | +21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,412 | €116,414 | +€46,002 | +65.3% |
| Other operating charges | 640/8 | €156,647 | €134,510 | -€22,137 | -14.1% |
| Gross operating margin | 9900 | €175,701 | €234,980 | +€59,280 | +33.7% |
| Operating profit (loss) | 9901 | -€51,358 | -€15,944 | +€35,414 | +69.0% |
| Financial charges | 65/66B | €10,379 | €47,124 | +€36,744 | +354% |
| Recurring financial charges | 65 | €10,379 | €47,124 | +€36,744 | +354% |
| Profit (loss) for the period before taxes | 9903 | -€61,738 | -€63,068 | -€1,330 | -2.2% |
| Profit (loss) for the period | 9904 | -€61,738 | -€63,068 | -€1,330 | -2.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€61,738 | -€63,068 | -€1,330 | -2.2% |
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 27 October 2026 via checked.be.