IMMO DEKEMPENEER: 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 DEKEMPENEER
Largest movements
- Cash -€1.1m
down €1.1m (-73.8%), from €1.5m to €398,842
mainly Investment in fixed assets (net) (-€883,454) and Other debts (-€447,415)
- Tangible fixed assets +€763,672
up €763,672 (+41.7%), from €1.8m to €2.6m
of which Land and buildings: +€734,665
- Receivables within one year -€121,658
down €121,658 (-88.4%), from €137,683 to €16,025
of which Other amounts receivable: -€121,658
- Other debts -€447,415
down €447,415 (-41.6%), from €1.1m to €628,175
- Profit (loss) carried forward +€135,929
up €135,929 (+21.7%), from -€625,344 to -€489,415
- Reserves -€118,728
down €118,728 (-5.5%), from €2.2m to €2.0m
of which Tax-exempt reserves: -€118,728
- Provisions -€44,565
down €44,565 (-6.2%), from €713,685 to €669,120
- Other operating charges -€72,328
down €72,328 (-62.4%), from €115,914 to €43,586
- Gross operating margin +€42,127
up €42,127 (+44.3%), from €95,015 to €137,142
- Financial income +€41,659
up €41,659 (+301%), from €13,843 to €55,502
- Depreciation +€19,556
up €19,556 (+19.5%), from €100,226 to €119,782
- Financial charges +€12,987
up €12,987 (+31.0%), from €41,920 to €54,907
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 | €3,493,930 | €3,011,819 | -€482,110 | -13.8% |
| Fixed assets | 21/28 | €1,833,280 | €2,596,952 | +€763,672 | +41.7% |
| Tangible fixed assets | 22/27 | €1,833,280 | €2,596,952 | +€763,672 | +41.7% |
| Land and buildings | 22 | €1,832,171 | €2,566,837 | +€734,665 | +40.1% |
| Plant, machinery and equipment | 23 | €1,109 | €18,536 | +€17,427 | +1,572% |
| Furniture and vehicles | 24 | - | €11,580 | +€11,580 | |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €1,660,650 | €414,867 | -€1.2m | -75.0% |
| Amounts receivable within one year | 40/41 | €137,683 | €16,025 | -€121,658 | -88.4% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €137,683 | €16,025 | -€121,658 | -88.4% |
| Cash at bank and in hand | 54/58 | €1,522,966 | €398,842 | -€1.1m | -73.8% |
| Total equity and liabilities | 10/49 | €3,493,930 | €3,011,819 | -€482,110 | -13.8% |
| Equity | 10/15 | €1,595,408 | €1,612,609 | +€17,201 | +1.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €2,159,252 | €2,040,524 | -€118,728 | -5.5% |
| Non-distributable reserves | 130/1 | €28,384 | €28,384 | = | 0.0% |
| Legal reserve | 130 | €28,384 | €28,384 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,096,155 | €1,977,427 | -€118,728 | -5.7% |
| Distributable reserves | 133 | €34,713 | €34,713 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€625,344 | -€489,415 | +€135,929 | +21.7% |
| Provisions and deferred taxes | 16 | €713,685 | €669,120 | -€44,565 | -6.2% |
| Deferred taxes | 168 | €713,685 | €669,120 | -€44,565 | -6.2% |
| Amounts payable | 17/49 | €1,184,837 | €730,091 | -€454,747 | -38.4% |
| Amounts payable after more than one year | 17 | €13,615 | €0 | -€13,615 | -100% |
| Financial debts | 170/4 | €13,615 | €0 | -€13,615 | -100% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,169,515 | €729,223 | -€440,292 | -37.6% |
| Current portion of amounts payable after more than one year | 42 | €26,327 | €13,615 | -€12,712 | -48.3% |
| Trade debts | 44 | €67,234 | €87,068 | +€19,834 | +29.5% |
| Suppliers | 440/4 | €67,234 | €87,068 | +€19,834 | +29.5% |
| Taxes, remuneration and social security | 45 | €364 | €364 | = | 0.0% |
| Taxes | 450/3 | €364 | €364 | = | 0.0% |
| Other amounts payable | 47/48 | €1,075,590 | €628,175 | -€447,415 | -41.6% |
| Accrued charges and deferred income | 492/3 | €1,707 | €868 | -€839 | -49.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,226 | €119,782 | +€19,556 | +19.5% |
| Other operating charges | 640/8 | €115,914 | €43,586 | -€72,328 | -62.4% |
| Gross operating margin | 9900 | €95,015 | €137,142 | +€42,127 | +44.3% |
| Operating profit (loss) | 9901 | -€121,125 | -€26,225 | +€94,900 | +78.3% |
| Financial income | 75/76B | €13,843 | €55,502 | +€41,659 | +301% |
| Recurring financial income | 75 | €13,843 | €55,502 | +€41,659 | +301% |
| Financial charges | 65/66B | €41,920 | €54,907 | +€12,987 | +31.0% |
| Recurring financial charges | 65 | €41,920 | €54,907 | +€12,987 | +31.0% |
| Profit (loss) for the period before taxes | 9903 | -€149,202 | -€25,630 | +€123,572 | +82.8% |
| Transfer from deferred taxes | 780 | €15,421 | €44,565 | +€29,144 | +189% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €586 | €610 | +€25 | +4.2% |
| Profit (loss) for the period | 9904 | -€134,366 | €18,325 | +€152,691 | |
| Transfer from tax-exempt reserves | 789 | €31,297 | €118,728 | +€87,431 | +279% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€103,070 | €137,053 | +€240,122 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.