IMMO DECO: 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 DECO
Largest movements
- Current investments -€415,000
down €415,000 (-100%), from €415,000 to €0
- Cash +€10,299
up €10,299 (+78.7%), from €13,083 to €23,382
mainly Current investments (+€415,000) and Net result for the year (+€26,900)
- Contributions -€200,000
down €200,000 (-54.6%), from €366,500 to €166,500
- Debts after one year -€200,000
down €200,000 (-99.2%), from €201,590 to €1,590
of which Financial debts: -€200,000
- Other debts -€31,058
down €31,058 (-34.4%), from €90,208 to €59,150
- Profit (loss) carried forward +€16,375
up €16,375 (+12.8%), from €127,990 to €144,365
- Tax, wage and social debts +€12,455
up €12,455 (+192%), from €6,482 to €18,937
- Financial charges -€10,281
down €10,281 (-45.2%), from €22,761 to €12,480
- Financial income -€3,787
down €3,787 (-31.5%), from €12,005 to €8,219
- Gross operating margin -€3,355
down €3,355 (-4.9%), from €68,550 to €65,195
- Taxes +€880
up €880 (+12.1%), from €7,287 to €8,167
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 | €830,733 | €429,258 | -€401,475 | -48.3% |
| Fixed assets | 21/28 | €397,296 | €399,607 | +€2,310 | +0.6% |
| Tangible fixed assets | 22/27 | €397,296 | €399,607 | +€2,310 | +0.6% |
| Land and buildings | 22 | €397,296 | €399,607 | +€2,310 | +0.6% |
| Current assets | 29/58 | €433,436 | €29,651 | -€403,785 | -93.2% |
| Amounts receivable within one year | 40/41 | €1,911 | €4,900 | +€2,989 | +156% |
| Trade receivables | 40 | €96 | €0 | -€96 | -100% |
| Other amounts receivable | 41 | €1,815 | €4,900 | +€3,085 | +170% |
| Current investments | 50/53 | €415,000 | €0 | -€415,000 | -100% |
| Cash at bank and in hand | 54/58 | €13,083 | €23,382 | +€10,299 | +78.7% |
| Deferred charges and accrued income | 490/1 | €3,442 | €1,368 | -€2,074 | -60.3% |
| Total equity and liabilities | 10/49 | €830,733 | €429,258 | -€401,475 | -48.3% |
| Equity | 10/15 | €509,325 | €336,225 | -€173,100 | -34.0% |
| Contributions | 10/11 | €366,500 | €166,500 | -€200,000 | -54.6% |
| Reserves | 13 | €14,836 | €25,361 | +€10,525 | +70.9% |
| Tax-exempt reserves | 132 | €10,525 | €21,050 | +€10,525 | +100% |
| Distributable reserves | 133 | €4,311 | €4,311 | = | 0.0% |
| Profit (loss) carried forward | 14 | €127,990 | €144,365 | +€16,375 | +12.8% |
| Amounts payable | 17/49 | €321,407 | €93,032 | -€228,375 | -71.1% |
| Amounts payable after more than one year | 17 | €201,590 | €1,590 | -€200,000 | -99.2% |
| Financial debts | 170/4 | €200,000 | €0 | -€200,000 | -100% |
| Other amounts payable | 178/9 | €1,590 | €1,590 | = | 0.0% |
| Amounts payable within one year | 42/48 | €96,690 | €79,075 | -€17,615 | -18.2% |
| Trade debts | 44 | €0 | €988 | +€988 | |
| Suppliers | 440/4 | €0 | €988 | +€988 | |
| Taxes, remuneration and social security | 45 | €6,482 | €18,937 | +€12,455 | +192% |
| Taxes | 450/3 | €6,482 | €18,937 | +€12,455 | +192% |
| Other amounts payable | 47/48 | €90,208 | €59,150 | -€31,058 | -34.4% |
| Accrued charges and deferred income | 492/3 | €23,127 | €12,367 | -€10,760 | -46.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,802 | €23,185 | -€617 | -2.6% |
| Other operating charges | 640/8 | €2,506 | €2,682 | +€177 | +7.0% |
| Gross operating margin | 9900 | €68,550 | €65,195 | -€3,355 | -4.9% |
| Operating profit (loss) | 9901 | €42,243 | €39,328 | -€2,915 | -6.9% |
| Financial income | 75/76B | €12,005 | €8,219 | -€3,787 | -31.5% |
| Recurring financial income | 75 | €12,005 | €8,219 | -€3,787 | -31.5% |
| Financial charges | 65/66B | €22,761 | €12,480 | -€10,281 | -45.2% |
| Recurring financial charges | 65 | €22,761 | €12,480 | -€10,281 | -45.2% |
| Profit (loss) for the period before taxes | 9903 | €31,487 | €35,067 | +€3,580 | +11.4% |
| Income taxes | 67/77 | €7,287 | €8,167 | +€880 | +12.1% |
| Profit (loss) for the period | 9904 | €24,200 | €26,900 | +€2,700 | +11.2% |
| Transfer to tax-exempt reserves | 689 | €10,525 | €10,525 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,675 | €16,375 | +€2,700 | +19.7% |
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 15 October 2026 via checked.be.