IMMO - DEKAL: 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 - DEKAL
Largest movements
- Tangible fixed assets -€110,496
down €110,496 (-3.5%), from €3.2m to €3.1m
- Cash -€74,270
down €74,270 (-82.4%), from €90,113 to €15,843
mainly Net result for the year (-€152,679) and Debts after one year (-€121,711)
- Reserves -€124,528
down €124,528 (-11.7%), from €1.1m to €944,196
of which Tax-exempt reserves: -€124,528
- Debts after one year -€121,711
down €121,711 (-10.3%), from €1.2m to €1.1m
- Other debts +€79,554
up €79,554 (+34.3%), from €232,204 to €311,758
- Gross operating margin -€19,618
down €19,618, from €18,731 to -€887
- Other operating charges -€1,506
down €1,506 (-11.3%), from €13,271 to €11,765
- Financial charges -€991
down €991 (-3.2%), from €30,912 to €29,920
- Financial income -€801
down €801 (-67.3%), from €1,190 to €390
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 | €3,268,878 | €3,082,704 | -€186,174 | -5.7% |
| Fixed assets | 21/28 | €3,168,708 | €3,058,212 | -€110,496 | -3.5% |
| Tangible fixed assets | 22/27 | €3,168,708 | €3,058,212 | -€110,496 | -3.5% |
| Land and buildings | 22 | €3,168,708 | €3,058,212 | -€110,496 | -3.5% |
| Current assets | 29/58 | €100,169 | €24,492 | -€75,678 | -75.5% |
| Amounts receivable within one year | 40/41 | €6,977 | €7,221 | +€244 | +3.5% |
| Trade receivables | 40 | €6,255 | €5,193 | -€1,062 | -17.0% |
| Other amounts receivable | 41 | €722 | €2,028 | +€1,306 | +180.8% |
| Cash at bank and in hand | 54/58 | €90,113 | €15,843 | -€74,270 | -82.4% |
| Deferred charges and accrued income | 490/1 | €3,079 | €1,427 | -€1,652 | -53.7% |
| Total equity and liabilities | 10/49 | €3,268,878 | €3,082,704 | -€186,174 | -5.7% |
| Equity | 10/15 | €1,711,427 | €1,558,748 | -€152,679 | -8.9% |
| Contributions | 10/11 | €1,033,000 | €1,033,000 | = | 0.0% |
| Capital | 10 | €1,033,000 | €1,033,000 | = | 0.0% |
| Issued capital | 100 | €1,033,000 | €1,033,000 | = | 0.0% |
| Reserves | 13 | €1,068,724 | €944,196 | -€124,528 | -11.7% |
| Non-distributable reserves | 130/1 | €868 | €868 | = | 0.0% |
| Legal reserve | 130 | €868 | €868 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,055,491 | €930,963 | -€124,528 | -11.8% |
| Distributable reserves | 133 | €12,366 | €12,366 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€390,297 | -€418,448 | -€28,151 | -7.2% |
| Amounts payable | 17/49 | €1,557,451 | €1,523,956 | -€33,495 | -2.2% |
| Amounts payable after more than one year | 17 | €1,184,575 | €1,062,864 | -€121,711 | -10.3% |
| Financial debts | 170/4 | €1,184,575 | €1,062,864 | -€121,711 | -10.3% |
| Amounts payable within one year | 42/48 | €363,435 | €446,669 | +€83,233 | +22.9% |
| Current portion of amounts payable after more than one year | 42 | €127,581 | €129,607 | +€2,026 | +1.6% |
| Trade debts | 44 | €2,956 | €5,303 | +€2,347 | +79.4% |
| Suppliers | 440/4 | €2,956 | €5,303 | +€2,347 | +79.4% |
| Taxes, remuneration and social security | 45 | €695 | €0 | -€695 | -100.0% |
| Taxes | 450/3 | €695 | €0 | -€695 | -100.0% |
| Other amounts payable | 47/48 | €232,204 | €311,758 | +€79,554 | +34.3% |
| Accrued charges and deferred income | 492/3 | €9,440 | €14,423 | +€4,983 | +52.8% |
| Non-recurring operating income | 76A | €8,770 | €271 | -€8,499 | -96.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €110,496 | €110,496 | -€0 | 0.0% |
| Other operating charges | 640/8 | €13,271 | €11,765 | -€1,506 | -11.3% |
| Non-recurring operating charges | 66A | €23,900 | €0 | -€23,900 | -100.0% |
| Gross operating margin | 9900 | €18,731 | -€887 | -€19,618 | |
| Operating profit (loss) | 9901 | -€128,937 | -€123,148 | +€5,788 | +4.5% |
| Financial income | 75/76B | €1,190 | €390 | -€801 | -67.3% |
| Recurring financial income | 75 | €1,190 | €390 | -€801 | -67.3% |
| Financial charges | 65/66B | €30,912 | €29,920 | -€991 | -3.2% |
| Recurring financial charges | 65 | €30,912 | €29,920 | -€991 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | -€158,658 | -€152,679 | +€5,979 | +3.8% |
| Profit (loss) for the period | 9904 | -€158,658 | -€152,679 | +€5,979 | +3.8% |
| Transfer from tax-exempt reserves | 789 | €70,514 | €124,528 | +€54,015 | +76.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€88,144 | -€28,151 | +€59,994 | +68.1% |
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 12 October 2026 via checked.be.