Immo Debecou: what changed
Two fiscal 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 Debecou
Largest movements
- Tangible fixed assets -€51,196
down €51,196 (-4.0%), from €1.3m to €1.2m
of which Land and buildings: -€40,526
- Cash +€39,910
up €39,910 (+18.0%), from €221,140 to €261,050
mainly Depreciation (+€51,196) and Net result for the year (+€23,461)
- Debts after one year -€29,960
down €29,960 (-2.9%), from €1.0m to €1.0m
- Profit (loss) carried forward +€22,261
up €22,261 (+16.9%), from €131,624 to €153,885
- Depreciation -€5,506
down €5,506 (-9.7%), from €56,702 to €51,196
- Gross operating margin -€1,119
down €1,119 (-1.1%), from €97,825 to €96,706
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.
Cash bridge derived
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 | €1,516,224 | €1,505,732 | -€10,492 | -0.7% |
| Fixed assets | 21/28 | €1,295,083 | €1,243,887 | -€51,196 | -4.0% |
| Tangible fixed assets | 22/27 | €1,295,083 | €1,243,887 | -€51,196 | -4.0% |
| Land and buildings | 22 | €1,255,302 | €1,214,776 | -€40,526 | -3.2% |
| Plant, machinery and equipment | 23 | €39,146 | €28,647 | -€10,499 | -26.8% |
| Furniture and vehicles | 24 | €635 | €464 | -€171 | -27.0% |
| Current assets | 29/58 | €221,141 | €261,845 | +€40,705 | +18.4% |
| Amounts receivable within one year | 40/41 | €1 | €1 | = | 0.0% |
| Other amounts receivable | 41 | €1 | €1 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €221,140 | €261,050 | +€39,910 | +18.0% |
| Deferred charges and accrued income | 490/1 | - | €794 | +€794 | |
| Total equity and liabilities | 10/49 | €1,516,224 | €1,505,732 | -€10,492 | -0.7% |
| Equity | 10/15 | €454,971 | €478,188 | +€23,217 | +5.1% |
| Contributions | 10/11 | €314,000 | €314,000 | = | 0.0% |
| Capital | 10 | €314,000 | €314,000 | = | 0.0% |
| Issued capital | 100 | €314,000 | €314,000 | = | 0.0% |
| Reserves | 13 | €7,500 | €8,700 | +€1,200 | +16.0% |
| Non-distributable reserves | 130/1 | €7,500 | €8,700 | +€1,200 | +16.0% |
| Legal reserve | 130 | €7,500 | €8,700 | +€1,200 | +16.0% |
| Profit (loss) carried forward | 14 | €131,624 | €153,885 | +€22,261 | +16.9% |
| Investment grants | 15 | €1,847 | €1,603 | -€244 | -13.2% |
| Amounts payable | 17/49 | €1,061,253 | €1,027,545 | -€33,708 | -3.2% |
| Amounts payable after more than one year | 17 | €1,043,946 | €1,013,987 | -€29,960 | -2.9% |
| Financial debts | 170/4 | €1,043,946 | €1,013,987 | -€29,960 | -2.9% |
| Amounts payable within one year | 42/48 | €11,556 | €9,223 | -€2,333 | -20.2% |
| Current portion of amounts payable after more than one year | 42 | €5,921 | €6,087 | +€166 | +2.8% |
| Trade debts | 44 | €2,287 | €2,570 | +€283 | +12.4% |
| Suppliers | 440/4 | €2,287 | €2,570 | +€283 | +12.4% |
| Taxes, remuneration and social security | 45 | €3,348 | €566 | -€2,782 | -83.1% |
| Taxes | 450/3 | €3,348 | €566 | -€2,782 | -83.1% |
| Accrued charges and deferred income | 492/3 | €5,751 | €4,335 | -€1,416 | -24.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,702 | €51,196 | -€5,506 | -9.7% |
| Other operating charges | 640/8 | €12,767 | €13,158 | +€391 | +3.1% |
| Gross operating margin | 9900 | €97,825 | €96,706 | -€1,119 | -1.1% |
| Operating profit (loss) | 9901 | €28,355 | €32,352 | +€3,996 | +14.1% |
| Financial income | 75/76B | €244 | €244 | = | 0.0% |
| Recurring financial income | 75 | €244 | €244 | = | 0.0% |
| Financial charges | 65/66B | €595 | €420 | -€176 | -29.5% |
| Recurring financial charges | 65 | €595 | €420 | -€176 | -29.5% |
| Profit (loss) for the period before taxes | 9903 | €28,004 | €32,176 | +€4,172 | +14.9% |
| Income taxes | 67/77 | €7,793 | €8,715 | +€922 | +11.8% |
| Profit (loss) for the period | 9904 | €20,211 | €23,461 | +€3,250 | +16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,211 | €23,461 | +€3,250 | +16.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.