IMMO DECLERCK: 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 DECLERCK
Largest movements
- Receivables within one year +€22,237
up €22,237 (+2,228%), from €998 to €23,235
- Tangible fixed assets -€10,785
down €10,785 (-4.4%), from €245,256 to €234,471
of which Land and buildings: -€9,799
- Deferred charges and accrued income -€3,197
down €3,197 (-84.4%), from €3,787 to €590
- Other debts +€11,159
up €11,159 (+20.3%), from €54,927 to €66,086
- Profit (loss) carried forward +€4,108
up €4,108 (+3.9%), from -€104,993 to -€100,885
- Gross operating margin +€38,701
up €38,701, from -€25,073 to €13,628
- Other operating charges -€2,433
down €2,433 (-47.9%), from €5,080 to €2,647
- Depreciation -€1,208
down €1,208 (-11.0%), from €11,007 to €9,799
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 | €252,320 | €262,773 | +€10,453 | +4.1% |
| Fixed assets | 21/28 | €245,256 | €234,471 | -€10,785 | -4.4% |
| Tangible fixed assets | 22/27 | €245,256 | €234,471 | -€10,785 | -4.4% |
| Land and buildings | 22 | €244,270 | €234,471 | -€9,799 | -4.0% |
| Furniture and vehicles | 24 | €986 | €0 | -€986 | -100% |
| Current assets | 29/58 | €7,064 | €28,302 | +€21,238 | +301% |
| Amounts receivable within one year | 40/41 | €998 | €23,235 | +€22,237 | +2,228% |
| Trade receivables | 40 | €998 | €23,235 | +€22,237 | +2,228% |
| Cash at bank and in hand | 54/58 | €2,278 | €4,477 | +€2,199 | +96.5% |
| Deferred charges and accrued income | 490/1 | €3,787 | €590 | -€3,197 | -84.4% |
| Total equity and liabilities | 10/49 | €252,320 | €262,773 | +€10,453 | +4.1% |
| Equity | 10/15 | €186,425 | €187,973 | +€1,548 | +0.8% |
| Contributions | 10/11 | €186,245 | €186,245 | = | 0.0% |
| Reserves | 13 | €105,173 | €102,613 | -€2,560 | -2.4% |
| Tax-exempt reserves | 132 | €34,095 | €31,535 | -€2,560 | -7.5% |
| Distributable reserves | 133 | €71,078 | €71,078 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€104,993 | -€100,885 | +€4,108 | +3.9% |
| Provisions and deferred taxes | 16 | €8,524 | €7,884 | -€640 | -7.5% |
| Deferred taxes | 168 | €8,524 | €7,884 | -€640 | -7.5% |
| Amounts payable | 17/49 | €57,371 | €66,916 | +€9,545 | +16.6% |
| Amounts payable within one year | 42/48 | €57,371 | €66,916 | +€9,545 | +16.6% |
| Trade debts | 44 | €197 | €548 | +€351 | +179% |
| Suppliers | 440/4 | €197 | €548 | +€351 | +179% |
| Taxes, remuneration and social security | 45 | €2,247 | €281 | -€1,965 | -87.5% |
| Taxes | 450/3 | €2,247 | €281 | -€1,965 | -87.5% |
| Other amounts payable | 47/48 | €54,927 | €66,086 | +€11,159 | +20.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €4,014 | +€4,014 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,007 | €9,799 | -€1,208 | -11.0% |
| Other operating charges | 640/8 | €5,080 | €2,647 | -€2,433 | -47.9% |
| Gross operating margin | 9900 | -€25,073 | €13,628 | +€38,701 | |
| Operating profit (loss) | 9901 | -€41,160 | €1,182 | +€42,342 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €95 | €89 | -€6 | -6.5% |
| Recurring financial charges | 65 | €95 | €89 | -€6 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | -€41,255 | €1,093 | +€42,348 | |
| Transfer from deferred taxes | 780 | €681 | €640 | -€41 | -6.1% |
| Income taxes | 67/77 | €313 | €185 | -€128 | -40.9% |
| Profit (loss) for the period | 9904 | -€40,887 | €1,548 | +€42,435 | |
| Transfer from tax-exempt reserves | 789 | €2,725 | €2,560 | -€165 | -6.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,162 | €4,108 | +€42,270 |
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 23 October 2026 via checked.be.