IMMO DE BOECK: 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 BOECK
Largest movements
- Receivables within one year +€64,861
up €64,861 (+268%), from €24,208 to €89,069
- Cash -€54,053
down €54,053 (-35.2%), from €153,526 to €99,474
mainly Contributions, distributions and other (-€168,256) and Receivables within one year (-€64,861)
- Other debts +€168,256
up €168,256, from €0 to €168,256
- Reserves -€151,215
down €151,215 (-62.6%), from €241,744 to €90,529
- Tax, wage and social debts -€10,175
down €10,175 (-100%), from €10,175 to €0
- Gross operating margin -€40,040
down €40,040 (-57.2%), from €70,060 to €30,020
- Taxes -€12,222
down €12,222 (-60.6%), from €20,175 to €7,953
- Financial income +€2,299
up €2,299 (+313%), from €736 to €3,034
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 | €711,429 | €719,781 | +€8,352 | +1.2% |
| Fixed assets | 21/28 | €533,696 | €531,239 | -€2,457 | -0.5% |
| Tangible fixed assets | 22/27 | €533,696 | €531,239 | -€2,457 | -0.5% |
| Land and buildings | 22 | €533,696 | €531,239 | -€2,457 | -0.5% |
| Current assets | 29/58 | €177,734 | €188,542 | +€10,809 | +6.1% |
| Amounts receivable within one year | 40/41 | €24,208 | €89,069 | +€64,861 | +268% |
| Other amounts receivable | 41 | €24,208 | €89,069 | +€64,861 | +268% |
| Cash at bank and in hand | 54/58 | €153,526 | €99,474 | -€54,053 | -35.2% |
| Total equity and liabilities | 10/49 | €711,429 | €719,781 | +€8,352 | +1.2% |
| Equity | 10/15 | €696,352 | €545,137 | -€151,215 | -21.7% |
| Contributions | 10/11 | €16,608 | €16,608 | = | 0.0% |
| Revaluation surpluses | 12 | €438,000 | €438,000 | = | 0.0% |
| Reserves | 13 | €241,744 | €90,529 | -€151,215 | -62.6% |
| Distributable reserves | 133 | €241,744 | €90,529 | -€151,215 | -62.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €15,077 | €174,644 | +€159,567 | +1,058% |
| Amounts payable within one year | 42/48 | €15,077 | €174,644 | +€159,567 | +1,058% |
| Trade debts | 44 | €4,903 | €6,387 | +€1,485 | +30.3% |
| Suppliers | 440/4 | €4,903 | €6,387 | +€1,485 | +30.3% |
| Taxes, remuneration and social security | 45 | €10,175 | €0 | -€10,175 | -100% |
| Taxes | 450/3 | €10,175 | €0 | -€10,175 | -100% |
| Other amounts payable | 47/48 | €0 | €168,256 | +€168,256 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,484 | €2,457 | -€27 | -1.1% |
| Other operating charges | 640/8 | €5,318 | €5,367 | +€49 | +0.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €70,060 | €30,020 | -€40,040 | -57.2% |
| Operating profit (loss) | 9901 | €62,259 | €22,196 | -€40,062 | -64.3% |
| Financial income | 75/76B | €736 | €3,034 | +€2,299 | +313% |
| Recurring financial income | 75 | €736 | €3,034 | +€2,299 | +313% |
| Financial charges | 65/66B | €197 | €236 | +€40 | +20.2% |
| Recurring financial charges | 65 | €197 | €236 | +€40 | +20.2% |
| Profit (loss) for the period before taxes | 9903 | €62,797 | €24,994 | -€37,803 | -60.2% |
| Income taxes | 67/77 | €20,175 | €7,953 | -€12,222 | -60.6% |
| Profit (loss) for the period | 9904 | €42,623 | €17,042 | -€25,581 | -60.0% |
| Profit (loss) for the period to be appropriated | 9905 | €42,623 | €17,042 | -€25,581 | -60.0% |
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 19 October 2026 via checked.be.