IMMO DECAIGNY: 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 DECAIGNY
Largest movements
- Receivables after one year -€2.3m
down €2.3m (-61.7%), from €3.7m to €1.4m
- Tangible fixed assets -€685,193
down €685,193 (-42.4%), from €1.6m to €931,757
- Receivables within one year +€382,722
up €382,722 (+93.0%), from €411,497 to €794,219
of which Other amounts receivable: +€382,738
- Cash -€78,303
down €78,303 (-68.6%), from €114,156 to €35,852
mainly Debts after one year (-€2.2m) and Other debts (-€2.1m)
- Debts after one year -€2.2m
down €2.2m (-57.2%), from €3.8m to €1.6m
- Other debts -€2.1m
down €2.1m (-99.2%), from €2.2m to €16,981
- Reserves +€1.5m
up €1.5m (+131%), from €1.1m to €2.6m
of which Tax-exempt reserves: +€1.3m
- Provisions +€472,419
new in 2025: €472,419
- Current portion of long-term debt -€226,716
down €226,716 (-51.9%), from €436,982 to €210,266
- Gross operating margin +€1.8m
up €1.8m (+697%), from €258,138 to €2.1m
- Depreciation -€130,022
down €130,022 (-82.9%), from €156,890 to €26,868
- Financial income +€22,440
up €22,440 (+17.5%), from €128,338 to €150,778
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 | €7,648,172 | €5,007,125 | -€2.6m | -34.5% |
| Fixed assets | 21/28 | €3,457,926 | €2,772,733 | -€685,193 | -19.8% |
| Tangible fixed assets | 22/27 | €1,616,950 | €931,757 | -€685,193 | -42.4% |
| Land and buildings | 22 | €1,616,950 | €931,757 | -€685,193 | -42.4% |
| Financial fixed assets | 28 | €1,840,976 | €1,840,976 | = | 0.0% |
| Current assets | 29/58 | €4,190,246 | €2,234,392 | -€2.0m | -46.7% |
| Amounts receivable after more than one year | 29 | €3,664,221 | €1,403,947 | -€2.3m | -61.7% |
| Other amounts receivable | 291 | €3,664,221 | €1,403,947 | -€2.3m | -61.7% |
| Amounts receivable within one year | 40/41 | €411,497 | €794,219 | +€382,722 | +93.0% |
| Trade receivables | 40 | €15 | - | -€15 | |
| Other amounts receivable | 41 | €411,482 | €794,219 | +€382,738 | +93.0% |
| Cash at bank and in hand | 54/58 | €114,156 | €35,852 | -€78,303 | -68.6% |
| Deferred charges and accrued income | 490/1 | €373 | €374 | +€1 | +0.2% |
| Total equity and liabilities | 10/49 | €7,648,172 | €5,007,125 | -€2.6m | -34.5% |
| Equity | 10/15 | €1,195,188 | €2,657,873 | +€1.5m | +122% |
| Contributions | 10/11 | €81,931 | €81,931 | = | 0.0% |
| Capital | 10 | €81,931 | €81,931 | = | 0.0% |
| Issued capital | 100 | €81,931 | €81,931 | = | 0.0% |
| Reserves | 13 | €1,113,257 | €2,575,942 | +€1.5m | +131% |
| Non-distributable reserves | 130/1 | €26,213 | €33,486 | +€7,273 | +27.7% |
| Legal reserve | 130 | €920 | €8,193 | +€7,273 | +791% |
| Reserves not available under the articles | 1311 | €25,293 | €25,293 | = | 0.0% |
| Tax-exempt reserves | 132 | €157,244 | €1,417,257 | +€1.3m | +801% |
| Distributable reserves | 133 | €929,800 | €1,125,200 | +€195,400 | +21.0% |
| Provisions and deferred taxes | 16 | - | €472,419 | +€472,419 | |
| Deferred taxes | 168 | - | €472,419 | +€472,419 | |
| Amounts payable | 17/49 | €6,452,984 | €1,876,833 | -€4.6m | -70.9% |
| Amounts payable after more than one year | 17 | €3,836,528 | €1,641,900 | -€2.2m | -57.2% |
| Financial debts | 170/4 | €3,836,528 | €1,641,900 | -€2.2m | -57.2% |
| Amounts payable within one year | 42/48 | €2,596,044 | €233,912 | -€2.4m | -91.0% |
| Current portion of amounts payable after more than one year | 42 | €436,982 | €210,266 | -€226,716 | -51.9% |
| Trade debts | 44 | €137 | - | -€137 | |
| Suppliers | 440/4 | €137 | - | -€137 | |
| Taxes, remuneration and social security | 45 | €8,324 | €6,664 | -€1,660 | -19.9% |
| Taxes | 450/3 | €8,324 | €6,664 | -€1,660 | -19.9% |
| Other amounts payable | 47/48 | €2,150,600 | €16,981 | -€2.1m | -99.2% |
| Accrued charges and deferred income | 492/3 | €20,413 | €1,021 | -€19,392 | -95.0% |
| Non-recurring operating income | 76A | - | €1,889,676 | +€1.9m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €156,890 | €26,868 | -€130,022 | -82.9% |
| Other operating charges | 640/8 | €54,807 | €63,826 | +€9,019 | +16.5% |
| Gross operating margin | 9900 | €258,138 | €2,058,372 | +€1.8m | +697% |
| Operating profit (loss) | 9901 | €46,441 | €1,967,677 | +€1.9m | +4,137% |
| Financial income | 75/76B | €128,338 | €150,778 | +€22,440 | +17.5% |
| Recurring financial income | 75 | €128,338 | €150,778 | +€22,440 | +17.5% |
| Financial charges | 65/66B | €170,278 | €176,657 | +€6,379 | +3.7% |
| Recurring financial charges | 65 | €170,278 | €176,657 | +€6,379 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | €4,501 | €1,941,798 | +€1.9m | +43,040% |
| Transfer to deferred taxes | 680 | - | €472,419 | +€472,419 | |
| Income taxes | 67/77 | - | €6,694 | +€6,694 | |
| Profit (loss) for the period | 9904 | €4,501 | €1,462,685 | +€1.5m | +32,396% |
| Transfer from tax-exempt reserves | 789 | €22,459 | €157,244 | +€134,785 | +600% |
| Transfer to tax-exempt reserves | 689 | - | €1,417,257 | +€1.4m | |
| Profit (loss) for the period to be appropriated | 9905 | €26,960 | €202,673 | +€175,713 | +652% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.