IMMO DE ZEESTER M D: 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 ZEESTER M D
Largest movements
- Cash +€9,125
up €9,125 (+14.3%), from €63,997 to €73,122
mainly Net result for the year (+€9,391) and Accrued charges and deferred income (+€3,173)
- Reserves +€9,391
up €9,391 (+4.7%), from €200,336 to €209,728
- Other debts -€3,454
down €3,454 (-4.4%), from €78,346 to €74,893
- Accrued charges and deferred income +€3,173
new in 2025: €3,173
- Depreciation -€365
down €365 (-18.2%), from €2,006 to €1,641
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 | €297,274 | €306,385 | +€9,111 | +3.1% |
| Fixed assets | 21/28 | €225,108 | €223,468 | -€1,641 | -0.7% |
| Tangible fixed assets | 22/27 | €225,108 | €223,468 | -€1,641 | -0.7% |
| Land and buildings | 22 | €134,061 | €132,721 | -€1,341 | -1.0% |
| Other tangible fixed assets | 26 | €91,047 | €90,747 | -€300 | -0.3% |
| Current assets | 29/58 | €72,166 | €82,918 | +€10,751 | +14.9% |
| Amounts receivable within one year | 40/41 | €1,415 | €2,785 | +€1,370 | +96.8% |
| Other amounts receivable | 41 | €1,415 | €2,785 | +€1,370 | +96.8% |
| Cash at bank and in hand | 54/58 | €63,997 | €73,122 | +€9,125 | +14.3% |
| Deferred charges and accrued income | 490/1 | €6,754 | €7,011 | +€257 | +3.8% |
| Total equity and liabilities | 10/49 | €297,274 | €306,385 | +€9,111 | +3.1% |
| Equity | 10/15 | €218,928 | €228,320 | +€9,391 | +4.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €200,336 | €209,728 | +€9,391 | +4.7% |
| Distributable reserves | 133 | €200,336 | €209,728 | +€9,391 | +4.7% |
| Amounts payable | 17/49 | €78,346 | €78,066 | -€281 | -0.4% |
| Amounts payable within one year | 42/48 | €78,346 | €74,893 | -€3,454 | -4.4% |
| Other amounts payable | 47/48 | €78,346 | €74,893 | -€3,454 | -4.4% |
| Accrued charges and deferred income | 492/3 | - | €3,173 | +€3,173 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,006 | €1,641 | -€365 | -18.2% |
| Other operating charges | 640/8 | €3,371 | €3,477 | +€106 | +3.1% |
| Gross operating margin | 9900 | €18,093 | €17,973 | -€120 | -0.7% |
| Operating profit (loss) | 9901 | €12,717 | €12,856 | +€140 | +1.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €378 | €335 | -€43 | -11.4% |
| Recurring financial charges | 65 | €378 | €335 | -€43 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €12,339 | €12,522 | +€183 | +1.5% |
| Income taxes | 67/77 | €3,085 | €3,130 | +€46 | +1.5% |
| Profit (loss) for the period | 9904 | €9,254 | €9,391 | +€137 | +1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,254 | €9,391 | +€137 | +1.5% |
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 28 October 2026 via checked.be.