IMMO DELI: what changed
Two fiscal 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 DELI
Largest movements
- Cash -€254,718
down €254,718 (-44.4%), from €574,315 to €319,597
mainly Receivables within one year (-€218,689) and Other debts (-€116,314)
- Receivables within one year +€218,689
up €218,689 (+147007.8%), from €149 to €218,838
of which Other amounts receivable: +€218,689
- Other debts -€116,314
down €116,314 (-58.2%), from €200,000 to €83,686
- Trade debts +€41,638
up €41,638 (+3760.8%), from €1,107 to €42,745
- Profit (loss) carried forward +€27,895
new in 2025: €27,895
- Gross operating margin +€58,027
up €58,027 (+50.4%), from €115,198 to €173,225
- Other operating charges -€54,186
down €54,186 (-69.9%), from €77,495 to €23,309
- Depreciation -€45,836
down €45,836 (-88.3%), from €51,899 to €6,064
- Taxes +€34,285
new in 2025: €34,285
- Financial income -€4,634
down €4,634 (-69.1%), from €6,709 to €2,075
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 | €907,724 | €860,943 | -€46,781 | -5.2% |
| Fixed assets | 21/28 | €328,572 | €322,509 | -€6,064 | -1.8% |
| Tangible fixed assets | 22/27 | €328,572 | €322,509 | -€6,064 | -1.8% |
| Land and buildings | 22 | €301,470 | €301,134 | -€336 | -0.1% |
| Other tangible fixed assets | 26 | €27,102 | €21,374 | -€5,727 | -21.1% |
| Current assets | 29/58 | €579,152 | €538,434 | -€40,717 | -7.0% |
| Amounts receivable within one year | 40/41 | €149 | €218,838 | +€218,689 | +147007.8% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €149 | €218,838 | +€218,689 | +147007.8% |
| Cash at bank and in hand | 54/58 | €574,315 | €319,597 | -€254,718 | -44.4% |
| Deferred charges and accrued income | 490/1 | €4,688 | - | -€4,688 | |
| Total equity and liabilities | 10/49 | €907,724 | €860,943 | -€46,781 | -5.2% |
| Equity | 10/15 | €706,617 | €734,512 | +€27,895 | +3.9% |
| Contributions | 10/11 | €346,851 | €346,851 | = | 0.0% |
| Capital | 10 | €346,851 | €346,851 | = | 0.0% |
| Issued capital | 100 | €346,851 | €346,851 | = | 0.0% |
| Reserves | 13 | €359,765 | €359,765 | = | 0.0% |
| Non-distributable reserves | 130/1 | €34,685 | €34,685 | = | 0.0% |
| Legal reserve | 130 | €34,685 | €34,685 | = | 0.0% |
| Distributable reserves | 133 | €325,080 | €325,080 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €27,895 | +€27,895 | |
| Investment grants | 15 | €0 | - | = | |
| Amounts payable | 17/49 | €201,107 | €126,431 | -€74,676 | -37.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €201,107 | €126,431 | -€74,676 | -37.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,107 | €42,745 | +€41,638 | +3760.8% |
| Suppliers | 440/4 | €1,107 | €42,745 | +€41,638 | +3760.8% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €200,000 | €83,686 | -€116,314 | -58.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,899 | €6,064 | -€45,836 | -88.3% |
| Other operating charges | 640/8 | €77,495 | €23,309 | -€54,186 | -69.9% |
| Gross operating margin | 9900 | €115,198 | €173,225 | +€58,027 | +50.4% |
| Operating profit (loss) | 9901 | -€14,196 | €143,852 | +€158,048 | |
| Financial income | 75/76B | €6,709 | €2,075 | -€4,634 | -69.1% |
| Recurring financial income | 75 | €6,709 | €2,075 | -€4,634 | -69.1% |
| Financial charges | 65/66B | €1,354 | €61 | -€1,293 | -95.5% |
| Recurring financial charges | 65 | €1,354 | €61 | -€1,293 | -95.5% |
| Profit (loss) for the period before taxes | 9903 | -€8,841 | €145,866 | +€154,707 | |
| Income taxes | 67/77 | - | €34,285 | +€34,285 | |
| Profit (loss) for the period | 9904 | -€8,841 | €111,581 | +€120,422 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,841 | €111,581 | +€120,422 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.