IMMO DE BOCK: 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 DE BOCK
Largest movements
- Tangible fixed assets -€11,941
down €11,941 (-2.0%), from €607,614 to €595,674
- Debts after one year -€12,380
down €12,380 (-22.6%), from €54,781 to €42,401
- Gross operating margin +€878
up €878 (+8.7%), from €10,100 to €10,978
- Financial income +€303
up €303, from €0 to €303
- Taxes +€265
up €265 (+13.9%), from €1,910 to €2,175
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 | €613,702 | €596,543 | -€17,158 | -2.8% |
| Fixed assets | 21/28 | €612,614 | €595,674 | -€16,941 | -2.8% |
| Tangible fixed assets | 22/27 | €607,614 | €595,674 | -€11,941 | -2.0% |
| Land and buildings | 22 | €607,614 | €595,674 | -€11,941 | -2.0% |
| Financial fixed assets | 28 | €5,000 | €0 | -€5,000 | -100% |
| Current assets | 29/58 | €1,087 | €869 | -€218 | -20.0% |
| Cash at bank and in hand | 54/58 | €1,087 | €869 | -€218 | -20.0% |
| Total equity and liabilities | 10/49 | €613,702 | €596,543 | -€17,158 | -2.8% |
| Equity | 10/15 | €513,442 | €512,163 | -€1,279 | -0.2% |
| Contributions | 10/11 | €318,550 | €318,550 | = | 0.0% |
| Reserves | 13 | €194,892 | €193,613 | -€1,279 | -0.7% |
| Tax-exempt reserves | 132 | €132,675 | €124,870 | -€7,804 | -5.9% |
| Distributable reserves | 133 | €62,217 | €68,743 | +€6,525 | +10.5% |
| Provisions and deferred taxes | 16 | €44,225 | €41,623 | -€2,601 | -5.9% |
| Deferred taxes | 168 | €44,225 | €41,623 | -€2,601 | -5.9% |
| Amounts payable | 17/49 | €56,035 | €42,757 | -€13,278 | -23.7% |
| Amounts payable after more than one year | 17 | €54,781 | €42,401 | -€12,380 | -22.6% |
| Financial debts | 170/4 | €54,781 | €42,401 | -€12,380 | -22.6% |
| Amounts payable within one year | 42/48 | €1,254 | €356 | -€898 | -71.6% |
| Trade debts | 44 | €545 | €172 | -€372 | -68.4% |
| Suppliers | 440/4 | €545 | €172 | -€372 | -68.4% |
| Taxes, remuneration and social security | 45 | €710 | €184 | -€526 | -74.1% |
| Taxes | 450/3 | €710 | €184 | -€526 | -74.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,941 | €11,941 | = | 0.0% |
| Other operating charges | 640/8 | €1,000 | €1,016 | +€16 | +1.6% |
| Gross operating margin | 9900 | €10,100 | €10,978 | +€878 | +8.7% |
| Operating profit (loss) | 9901 | -€2,840 | -€1,979 | +€862 | +30.3% |
| Financial income | 75/76B | €0 | €303 | +€303 | |
| Recurring financial income | 75 | €0 | €303 | +€303 | |
| Financial charges | 65/66B | €29 | €30 | +€2 | +5.3% |
| Recurring financial charges | 65 | €29 | €30 | +€2 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,869 | -€1,705 | +€1,163 | +40.6% |
| Transfer from deferred taxes | 780 | €2,601 | €2,601 | = | 0.0% |
| Income taxes | 67/77 | €1,910 | €2,175 | +€265 | +13.9% |
| Profit (loss) for the period | 9904 | -€2,177 | -€1,279 | +€898 | +41.3% |
| Transfer from tax-exempt reserves | 789 | €7,804 | €7,804 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,627 | €6,525 | +€898 | +16.0% |
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 17 October 2026 via checked.be.