IMMO DEJAEGHER: 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 DEJAEGHER
Largest movements
- Tangible fixed assets +€23,803
up €23,803 (+20.2%), from €117,915 to €141,718
of which Furniture and vehicles: +€31,070
- Receivables within one year -€20,955
down €20,955 (-39.3%), from €53,373 to €32,418
of which Trade receivables: -€22,107
- Cash -€8,942
no longer reported in 2025 (was €8,942)
mainly Net result for the year (-€91,984) and Investment in fixed assets (net) (-€40,134)
- Profit (loss) carried forward -€91,984
down €91,984 (-45.7%), from -€201,261 to -€293,245
- Other debts +€79,550
up €79,550 (+48.3%), from €164,700 to €244,250
- Tax, wage and social debts +€5,738
up €5,738 (+332%), from €1,728 to €7,466
- Staff costs +€12,885
up €12,885 (+30.0%), from €42,932 to €55,817
- Gross operating margin -€8,804
down €8,804 (-89.1%), from -€9,877 to -€18,681
- Depreciation +€5,287
up €5,287 (+47.6%), from €11,107 to €16,394
- Financial income +€4,089
up €4,089 (+5,601%), from €73 to €4,162
- Financial charges +€2,134
up €2,134, from -€1,143 to €991
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 | €193,905 | €187,748 | -€6,157 | -3.2% |
| Fixed assets | 21/28 | €131,590 | €155,330 | +€23,740 | +18.0% |
| Intangible fixed assets | 21 | €11,315 | €11,252 | -€63 | -0.6% |
| Tangible fixed assets | 22/27 | €117,915 | €141,718 | +€23,803 | +20.2% |
| Land and buildings | 22 | €117,398 | €108,568 | -€8,830 | -7.5% |
| Plant, machinery and equipment | 23 | €269 | €1,832 | +€1,563 | +581% |
| Furniture and vehicles | 24 | €248 | €31,318 | +€31,070 | +12,528% |
| Financial fixed assets | 28 | €2,360 | €2,360 | = | 0.0% |
| Current assets | 29/58 | €62,315 | €32,418 | -€29,897 | -48.0% |
| Amounts receivable within one year | 40/41 | €53,373 | €32,418 | -€20,955 | -39.3% |
| Trade receivables | 40 | €53,373 | €31,266 | -€22,107 | -41.4% |
| Other amounts receivable | 41 | - | €1,152 | +€1,152 | |
| Cash at bank and in hand | 54/58 | €8,942 | - | -€8,942 | |
| Total equity and liabilities | 10/49 | €193,905 | €187,748 | -€6,157 | -3.2% |
| Equity | 10/15 | -€54,498 | -€146,482 | -€91,984 | -169% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €128,163 | €128,163 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,958 | €4,958 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,958 | €4,958 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €104,455 | €104,455 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€201,261 | -€293,245 | -€91,984 | -45.7% |
| Amounts payable | 17/49 | €248,403 | €334,230 | +€85,827 | +34.6% |
| Amounts payable after more than one year | 17 | €75,000 | €75,000 | = | 0.0% |
| Financial debts | 170/4 | €75,000 | €75,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €173,403 | €259,206 | +€85,803 | +49.5% |
| Trade debts | 44 | €6,975 | €7,490 | +€515 | +7.4% |
| Suppliers | 440/4 | €6,975 | €7,490 | +€515 | +7.4% |
| Taxes, remuneration and social security | 45 | €1,728 | €7,466 | +€5,738 | +332% |
| Remuneration and social security | 454/9 | €1,728 | €7,466 | +€5,738 | +332% |
| Other amounts payable | 47/48 | €164,700 | €244,250 | +€79,550 | +48.3% |
| Accrued charges and deferred income | 492/3 | - | €24 | +€24 | |
| Remuneration, social security and pensions | 62 | €42,932 | €55,817 | +€12,885 | +30.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,107 | €16,394 | +€5,287 | +47.6% |
| Other operating charges | 640/8 | €426 | €2,243 | +€1,817 | +427% |
| Gross operating margin | 9900 | -€9,877 | -€18,681 | -€8,804 | -89.1% |
| Operating profit (loss) | 9901 | -€64,342 | -€93,135 | -€28,793 | -44.7% |
| Financial income | 75/76B | €73 | €4,162 | +€4,089 | +5,601% |
| Recurring financial income | 75 | €73 | €4,162 | +€4,089 | +5,601% |
| Financial charges | 65/66B | -€1,143 | €991 | +€2,134 | |
| Recurring financial charges | 65 | -€1,143 | €991 | +€2,134 | |
| Profit (loss) for the period before taxes | 9903 | -€63,126 | -€89,964 | -€26,838 | -42.5% |
| Income taxes | 67/77 | €1,982 | €2,020 | +€38 | +1.9% |
| Profit (loss) for the period | 9904 | -€65,108 | -€91,984 | -€26,876 | -41.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€65,108 | -€91,984 | -€26,876 | -41.3% |
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 28 October 2026 via checked.be.