IMMO - DEDEC: 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 - DEDEC
Largest movements
- Cash -€56,404
down €56,404 (-15.0%), from €374,971 to €318,567
mainly Investment in fixed assets (net) (-€63,811) and Other debts (-€31,552)
- Tangible fixed assets +€53,729
up €53,729 (+25.8%), from €207,886 to €261,615
- Other debts -€31,552
down €31,552 (-43.3%), from €72,913 to €41,361
- Reserves +€27,545
up €27,545 (+6.2%), from €441,700 to €469,245
of which Distributable reserves: +€27,545
- Gross operating margin +€8,007
up €8,007 (+14.9%), from €53,641 to €61,648
- Depreciation +€5,111
up €5,111 (+102.8%), from €4,971 to €10,082
- Other operating charges +€1,991
up €1,991 (+16.9%), from €11,813 to €13,804
- Taxes -€1,481
down €1,481 (-11.4%), from €13,020 to €11,539
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 | €589,682 | €586,619 | -€3,063 | -0.5% |
| Fixed assets | 21/28 | €207,886 | €261,615 | +€53,729 | +25.8% |
| Tangible fixed assets | 22/27 | €207,886 | €261,615 | +€53,729 | +25.8% |
| Land and buildings | 22 | €207,886 | €261,615 | +€53,729 | +25.8% |
| Current assets | 29/58 | €381,796 | €325,004 | -€56,792 | -14.9% |
| Amounts receivable within one year | 40/41 | - | €73 | +€73 | |
| Other amounts receivable | 41 | - | €73 | +€73 | |
| Cash at bank and in hand | 54/58 | €374,971 | €318,567 | -€56,404 | -15.0% |
| Deferred charges and accrued income | 490/1 | €6,825 | €6,364 | -€461 | -6.8% |
| Total equity and liabilities | 10/49 | €589,682 | €586,619 | -€3,063 | -0.5% |
| Equity | 10/15 | €503,775 | €531,320 | +€27,545 | +5.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €441,700 | €469,245 | +€27,545 | +6.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €435,500 | €463,045 | +€27,545 | +6.3% |
| Profit (loss) carried forward | 14 | €75 | €75 | = | 0.0% |
| Amounts payable | 17/49 | €85,906 | €55,298 | -€30,608 | -35.6% |
| Amounts payable after more than one year | 17 | - | €810 | +€810 | |
| Other amounts payable | 178/9 | - | €810 | +€810 | |
| Amounts payable within one year | 42/48 | €85,906 | €54,488 | -€31,418 | -36.6% |
| Trade debts | 44 | €411 | €994 | +€583 | +142.1% |
| Suppliers | 440/4 | €411 | €994 | +€583 | +142.1% |
| Taxes, remuneration and social security | 45 | €12,583 | €12,133 | -€449 | -3.6% |
| Taxes | 450/3 | €12,583 | €12,133 | -€449 | -3.6% |
| Other amounts payable | 47/48 | €72,913 | €41,361 | -€31,552 | -43.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,971 | €10,082 | +€5,111 | +102.8% |
| Other operating charges | 640/8 | €11,813 | €13,804 | +€1,991 | +16.9% |
| Gross operating margin | 9900 | €53,641 | €61,648 | +€8,007 | +14.9% |
| Operating profit (loss) | 9901 | €36,857 | €37,762 | +€905 | +2.5% |
| Financial income | 75/76B | €1,456 | €1,352 | -€105 | -7.2% |
| Recurring financial income | 75 | €1,456 | €1,352 | -€105 | -7.2% |
| Financial charges | 65/66B | €31 | €30 | -€1 | -1.6% |
| Recurring financial charges | 65 | €31 | €30 | -€1 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €38,283 | €39,084 | +€801 | +2.1% |
| Income taxes | 67/77 | €13,020 | €11,539 | -€1,481 | -11.4% |
| Profit (loss) for the period | 9904 | €25,263 | €27,545 | +€2,282 | +9.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,263 | €27,545 | +€2,282 | +9.0% |
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 9 October 2026 via checked.be.