IMMO DEFRUB: 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 DEFRUB
Largest movements
- Cash +€676,120
up €676,120 (+502,692%), from €135 to €676,255
mainly Investment in fixed assets (net) (+€380,631) and Net result for the year (+€153,203)
- Tangible fixed assets -€380,675
down €380,675 (-30.8%), from €1.2m to €854,270
- Reserves +€151,027
up €151,027 (+20.2%), from €748,973 to €900,000
- Trade debts +€93,682
up €93,682 (+12,990%), from €721 to €94,404
- Tax, wage and social debts +€50,789
new in 2025: €50,789
- Gross operating margin +€204,644
up €204,644, from -€436 to €204,209
- Taxes +€50,789
new in 2025: €50,789
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 | €1,240,080 | €1,538,655 | +€298,575 | +24.1% |
| Fixed assets | 21/28 | €1,239,945 | €859,270 | -€380,675 | -30.7% |
| Tangible fixed assets | 22/27 | €1,234,945 | €854,270 | -€380,675 | -30.8% |
| Land and buildings | 22 | €1,234,945 | €854,270 | -€380,675 | -30.8% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €135 | €679,385 | +€679,249 | +502,143% |
| Amounts receivable within one year | 40/41 | €1 | €3,130 | +€3,129 | +406,355% |
| Other amounts receivable | 41 | €1 | €3,130 | +€3,129 | +406,355% |
| Cash at bank and in hand | 54/58 | €135 | €676,255 | +€676,120 | +502,692% |
| Total equity and liabilities | 10/49 | €1,240,080 | €1,538,655 | +€298,575 | +24.1% |
| Equity | 10/15 | €1,239,109 | €1,392,312 | +€153,203 | +12.4% |
| Contributions | 10/11 | €464,151 | €464,151 | = | 0.0% |
| Reserves | 13 | €748,973 | €900,000 | +€151,027 | +20.2% |
| Distributable reserves | 133 | €748,973 | €900,000 | +€151,027 | +20.2% |
| Profit (loss) carried forward | 14 | €25,985 | €28,161 | +€2,176 | +8.4% |
| Amounts payable | 17/49 | €971 | €146,343 | +€145,372 | +14,968% |
| Amounts payable within one year | 42/48 | €971 | €146,343 | +€145,372 | +14,968% |
| Trade debts | 44 | €721 | €94,404 | +€93,682 | +12,990% |
| Suppliers | 440/4 | €721 | €94,404 | +€93,682 | +12,990% |
| Taxes, remuneration and social security | 45 | - | €50,789 | +€50,789 | |
| Taxes | 450/3 | - | €50,789 | +€50,789 | |
| Other amounts payable | 47/48 | €250 | €1,150 | +€900 | +360% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €44 | +€44 | |
| Other operating charges | 640/8 | €391 | €118 | -€273 | -69.8% |
| Gross operating margin | 9900 | -€436 | €204,209 | +€204,644 | |
| Operating profit (loss) | 9901 | -€827 | €204,047 | +€204,874 | |
| Financial charges | 65/66B | €9 | €55 | +€46 | +494% |
| Recurring financial charges | 65 | €9 | €55 | +€46 | +494% |
| Profit (loss) for the period before taxes | 9903 | -€836 | €203,992 | +€204,828 | |
| Income taxes | 67/77 | - | €50,789 | +€50,789 | |
| Profit (loss) for the period | 9904 | -€836 | €153,203 | +€154,039 | |
| Profit (loss) for the period to be appropriated | 9905 | -€836 | €153,203 | +€154,039 |
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 18 October 2026 via checked.be.