IMMO DELLO: 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 DELLO
Largest movements
- Tangible fixed assets +€24,914
up €24,914 (+1.5%), from €1.6m to €1.6m
of which Other tangible fixed assets: +€67,967
- Debts after one year -€112,614
down €112,614 (-8.1%), from €1.4m to €1.3m
- Other debts +€80,942
up €80,942 (+68.6%), from €117,932 to €198,874
- Current portion of long-term debt +€24,318
up €24,318 (+27.5%), from €88,296 to €112,614
- Gross operating margin +€44,946
up €44,946 (+49.6%), from €90,561 to €135,507
- Financial charges +€22,100
up €22,100 (+62.4%), from €35,442 to €57,542
- Depreciation +€19,405
up €19,405 (+48.4%), from €40,106 to €59,511
- Taxes +€1,523
up €1,523 (+54.9%), from €2,776 to €4,299
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 | €1,670,756 | €1,676,891 | +€6,135 | +0.4% |
| Fixed assets | 21/28 | €1,622,186 | €1,647,100 | +€24,914 | +1.5% |
| Tangible fixed assets | 22/27 | €1,622,186 | €1,647,100 | +€24,914 | +1.5% |
| Land and buildings | 22 | €1,307,001 | €1,263,948 | -€43,053 | -3.3% |
| Other tangible fixed assets | 26 | €315,184 | €383,152 | +€67,967 | +21.6% |
| Current assets | 29/58 | €48,570 | €29,791 | -€18,779 | -38.7% |
| Amounts receivable within one year | 40/41 | €35,861 | €20,000 | -€15,861 | -44.2% |
| Trade receivables | 40 | €33,500 | €20,000 | -€13,500 | -40.3% |
| Other amounts receivable | 41 | €2,361 | €0 | -€2,361 | -100.0% |
| Cash at bank and in hand | 54/58 | €11,573 | €9,791 | -€1,782 | -15.4% |
| Deferred charges and accrued income | 490/1 | €1,137 | €0 | -€1,137 | -100.0% |
| Total equity and liabilities | 10/49 | €1,670,756 | €1,676,891 | +€6,135 | +0.4% |
| Equity | 10/15 | €65,935 | €74,332 | +€8,397 | +12.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €47,335 | €55,732 | +€8,397 | +17.7% |
| Distributable reserves | 133 | €47,335 | €55,732 | +€8,397 | +17.7% |
| Amounts payable | 17/49 | €1,604,821 | €1,602,559 | -€2,262 | -0.1% |
| Amounts payable after more than one year | 17 | €1,395,244 | €1,282,630 | -€112,614 | -8.1% |
| Financial debts | 170/4 | €1,395,244 | €1,282,630 | -€112,614 | -8.1% |
| Amounts payable within one year | 42/48 | €209,577 | €319,929 | +€110,352 | +52.7% |
| Current portion of amounts payable after more than one year | 42 | €88,296 | €112,614 | +€24,318 | +27.5% |
| Trade debts | 44 | €572 | €1,353 | +€781 | +136.4% |
| Suppliers | 440/4 | €572 | €1,353 | +€781 | +136.4% |
| Taxes, remuneration and social security | 45 | €2,776 | €7,088 | +€4,312 | +155.3% |
| Taxes | 450/3 | €2,776 | €7,088 | +€4,312 | +155.3% |
| Other amounts payable | 47/48 | €117,932 | €198,874 | +€80,942 | +68.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,106 | €59,511 | +€19,405 | +48.4% |
| Other operating charges | 640/8 | €6,690 | €5,759 | -€931 | -13.9% |
| Gross operating margin | 9900 | €90,561 | €135,507 | +€44,946 | +49.6% |
| Operating profit (loss) | 9901 | €43,765 | €70,238 | +€26,473 | +60.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €35,442 | €57,542 | +€22,100 | +62.4% |
| Recurring financial charges | 65 | €35,442 | €57,542 | +€22,100 | +62.4% |
| Profit (loss) for the period before taxes | 9903 | €8,323 | €12,696 | +€4,373 | +52.5% |
| Income taxes | 67/77 | €2,776 | €4,299 | +€1,523 | +54.9% |
| Profit (loss) for the period | 9904 | €5,547 | €8,397 | +€2,850 | +51.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,547 | €8,397 | +€2,850 | +51.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.