IMMO DEB INVEST: what changed
IMMO DEB INVEST
Largest movements
- Current investments +€779,379
up €779,379 (+48.7%), from €1.6m to €2.4m
- Tangible fixed assets +€538,631
up €538,631 (+72.7%), from €740,387 to €1.3m
of which Assets under construction and advance payments: +€598,381
- Cash -€404,215
down €404,215 (-89.3%), from €452,716 to €48,501
- Receivables within one year +€110,500
up €110,500 (+56.5%), from €195,743 to €306,242
of which Other amounts receivable: +€109,133
- Reserves +€949,375
up €949,375 (+36.9%), from €2.6m to €3.5m
of which Distributable reserves: +€949,375
- Gross operating margin +€518,890
up €518,890 (+59.1%), from €877,414 to €1.4m
- Taxes +€172,200
up €172,200 (+61.2%), from €281,299 to €453,499
- Financial income +€15,839
up €15,839 (+34.5%), from €45,890 to €61,730
Change in the result, 2023 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
A cash bridge needs two consecutive financial years. One year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,120,718 | €4,109,329 | +€988,612 | +31.7% |
| Fixed assets | 21/28 | €867,340 | €1,375,135 | +€507,795 | +58.5% |
| Tangible fixed assets | 22/27 | €740,387 | €1,279,018 | +€538,631 | +72.7% |
| Land and buildings | 22 | €638,481 | €578,731 | -€59,750 | -9.4% |
| Assets under construction and advance payments | 27 | €101,906 | €700,288 | +€598,381 | +587% |
| Financial fixed assets | 28 | €126,953 | €96,117 | -€30,836 | -24.3% |
| Current assets | 29/58 | €2,253,378 | €2,734,194 | +€480,817 | +21.3% |
| Amounts receivable within one year | 40/41 | €195,743 | €306,242 | +€110,500 | +56.5% |
| Trade receivables | 40 | €345 | €1,711 | +€1,367 | +397% |
| Other amounts receivable | 41 | €195,398 | €304,531 | +€109,133 | +55.9% |
| Current investments | 50/53 | €1,600,000 | €2,379,379 | +€779,379 | +48.7% |
| Cash at bank and in hand | 54/58 | €452,716 | €48,501 | -€404,215 | -89.3% |
| Deferred charges and accrued income | 490/1 | €4,919 | €72 | -€4,847 | -98.5% |
| Total equity and liabilities | 10/49 | €3,120,718 | €4,109,329 | +€988,612 | +31.7% |
| Equity | 10/15 | €3,025,517 | €3,974,892 | +€949,375 | +31.4% |
| Contributions | 10/11 | €450,000 | €450,000 | = | 0.0% |
| Capital | 10 | €450,000 | €450,000 | = | 0.0% |
| Issued capital | 100 | €450,000 | €450,000 | = | 0.0% |
| Reserves | 13 | €2,575,517 | €3,524,892 | +€949,375 | +36.9% |
| Non-distributable reserves | 130/1 | €45,000 | €45,000 | = | 0.0% |
| Legal reserve | 130 | €45,000 | €45,000 | = | 0.0% |
| Distributable reserves | 133 | €2,530,517 | €3,479,892 | +€949,375 | +37.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €95,201 | €134,438 | +€39,237 | +41.2% |
| Amounts payable within one year | 42/48 | €87,811 | €127,123 | +€39,312 | +44.8% |
| Trade debts | 44 | €0 | €1,742 | +€1,742 | |
| Suppliers | 440/4 | €0 | €1,742 | +€1,742 | |
| Taxes, remuneration and social security | 45 | €58,317 | €68,688 | +€10,371 | +17.8% |
| Taxes | 450/3 | €58,317 | €68,688 | +€10,371 | +17.8% |
| Other amounts payable | 47/48 | €29,494 | €56,693 | +€27,199 | +92.2% |
| Accrued charges and deferred income | 492/3 | €7,390 | €7,314 | -€75 | -1.0% |
| Non-recurring operating income | 76A | €833,409 | €1,388,955 | +€555,545 | +66.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,480 | €14,882 | -€11,598 | -43.8% |
| Other operating charges | 640/8 | €3,310 | €4,653 | +€1,343 | +40.6% |
| Gross operating margin | 9900 | €877,414 | €1,396,304 | +€518,890 | +59.1% |
| Operating profit (loss) | 9901 | €847,624 | €1,376,769 | +€529,145 | +62.4% |
| Financial income | 75/76B | €45,890 | €61,730 | +€15,839 | +34.5% |
| Recurring financial income | 75 | €45,890 | €61,730 | +€15,839 | +34.5% |
| Financial charges | 65/66B | €23,778 | €35,625 | +€11,847 | +49.8% |
| Recurring financial charges | 65 | €4,583 | €4,789 | +€206 | +4.5% |
| Non-recurring financial charges | 66B | €19,195 | €30,836 | +€11,641 | +60.6% |
| Profit (loss) for the period before taxes | 9903 | €869,737 | €1,402,874 | +€533,137 | +61.3% |
| Income taxes | 67/77 | €281,299 | €453,499 | +€172,200 | +61.2% |
| Profit (loss) for the period | 9904 | €588,437 | €949,375 | +€360,937 | +61.3% |
| Profit (loss) for the period to be appropriated | 9905 | €588,437 | €949,375 | +€360,937 | +61.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.