Immo Deelkens: 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 Deelkens
Largest movements
- Cash +€62,287
up €62,287 (+537%), from €11,600 to €73,887
mainly Current investments (+€41,215) and Depreciation (+€23,819)
- Current investments -€41,215
down €41,215 (-100%), from €41,215 to €0
- Tangible fixed assets -€23,819
down €23,819 (-34.0%), from €69,974 to €46,155
- Debts after one year -€14,307
down €14,307 (-45.0%), from €31,762 to €17,456
- Profit (loss) carried forward +€10,376
up €10,376 (+62.6%), from -€16,584 to -€6,208
- Tax, wage and social debts +€3,694
new in 2025: €3,694
- Current portion of long-term debt -€2,600
down €2,600 (-15.4%), from €16,862 to €14,263
- Taxes +€3,694
up €3,694, from €0 to €3,694
- Gross operating margin +€3,079
up €3,079 (+7.7%), from €39,884 to €42,964
- Financial charges -€677
down €677 (-25.2%), from €2,686 to €2,009
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 | €122,789 | €120,042 | -€2,747 | -2.2% |
| Fixed assets | 21/28 | €69,974 | €46,155 | -€23,819 | -34.0% |
| Tangible fixed assets | 22/27 | €69,974 | €46,155 | -€23,819 | -34.0% |
| Land and buildings | 22 | €69,974 | €46,155 | -€23,819 | -34.0% |
| Current assets | 29/58 | €52,815 | €73,887 | +€21,071 | +39.9% |
| Current investments | 50/53 | €41,215 | €0 | -€41,215 | -100% |
| Cash at bank and in hand | 54/58 | €11,600 | €73,887 | +€62,287 | +537% |
| Total equity and liabilities | 10/49 | €122,789 | €120,042 | -€2,747 | -2.2% |
| Equity | 10/15 | €23,416 | €33,792 | +€10,376 | +44.3% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,584 | -€6,208 | +€10,376 | +62.6% |
| Amounts payable | 17/49 | €99,373 | €86,250 | -€13,123 | -13.2% |
| Amounts payable after more than one year | 17 | €31,762 | €17,456 | -€14,307 | -45.0% |
| Financial debts | 170/4 | €31,762 | €17,456 | -€14,307 | -45.0% |
| Amounts payable within one year | 42/48 | €66,230 | €67,360 | +€1,130 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €16,862 | €14,263 | -€2,600 | -15.4% |
| Trade debts | 44 | €34 | €69 | +€35 | +103% |
| Suppliers | 440/4 | €34 | €69 | +€35 | +103% |
| Taxes, remuneration and social security | 45 | - | €3,694 | +€3,694 | |
| Taxes | 450/3 | - | €3,694 | +€3,694 | |
| Other amounts payable | 47/48 | €49,334 | €49,334 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,380 | €1,434 | +€54 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,819 | €23,819 | -€0 | 0.0% |
| Other operating charges | 640/8 | €3,279 | €3,380 | +€101 | +3.1% |
| Gross operating margin | 9900 | €39,884 | €42,964 | +€3,079 | +7.7% |
| Operating profit (loss) | 9901 | €12,786 | €15,765 | +€2,978 | +23.3% |
| Financial income | 75/76B | €500 | €314 | -€187 | -37.3% |
| Recurring financial income | 75 | €500 | €314 | -€187 | -37.3% |
| Financial charges | 65/66B | €2,686 | €2,009 | -€677 | -25.2% |
| Recurring financial charges | 65 | €2,686 | €2,009 | -€677 | -25.2% |
| Profit (loss) for the period before taxes | 9903 | €10,601 | €14,070 | +€3,469 | +32.7% |
| Income taxes | 67/77 | €0 | €3,694 | +€3,694 | |
| Profit (loss) for the period | 9904 | €10,601 | €10,376 | -€225 | -2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €10,601 | €10,376 | -€225 | -2.1% |
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 19 October 2026 via checked.be.