IMMO DELOS: 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 DELOS
Largest movements
- Cash +€236,880
up €236,880 (+11963642.9%), from €2 to €236,882
mainly Advances received (+€143,690) and Other debts (+€98,366)
- Tangible fixed assets -€6,599
down €6,599 (-7.2%), from €92,135 to €85,535
of which Land and buildings: -€9,963
- Advances received +€143,690
new in 2025: €143,690
- Other debts +€98,366
up €98,366 (+4426.8%), from €2,222 to €100,588
- Trade debts -€21,139
down €21,139 (-31.8%), from €66,449 to €45,311
- Profit (loss) carried forward +€11,947
up €11,947, from -€8,239 to €3,708
- Tax, wage and social debts -€4,551
down €4,551 (-17.7%), from €25,704 to €21,152
of which Taxes: -€8,896
- Staff costs -€35,687
down €35,687 (-44.0%), from €81,045 to €45,358
- Other operating charges +€20,653
up €20,653 (+379.5%), from €5,442 to €26,095
- Taxes +€6,943
up €6,943 (+159.4%), from €4,355 to €11,298
- Depreciation -€2,744
down €2,744 (-18.8%), from €14,555 to €11,811
- Financial income -€2,649
down €2,649 (-99.5%), from €2,663 to €13
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 | €197,295 | €426,682 | +€229,387 | +116.3% |
| Fixed assets | 21/28 | €92,135 | €85,535 | -€6,599 | -7.2% |
| Tangible fixed assets | 22/27 | €92,135 | €85,535 | -€6,599 | -7.2% |
| Land and buildings | 22 | €90,522 | €80,559 | -€9,963 | -11.0% |
| Plant, machinery and equipment | 23 | €46 | - | -€46 | |
| Furniture and vehicles | 24 | €1,567 | €4,977 | +€3,410 | +217.6% |
| Current assets | 29/58 | €105,160 | €341,147 | +€235,987 | +224.4% |
| Amounts receivable within one year | 40/41 | €101,092 | €103,964 | +€2,872 | +2.8% |
| Trade receivables | 40 | €29,796 | €25,597 | -€4,199 | -14.1% |
| Other amounts receivable | 41 | €71,296 | €78,367 | +€7,071 | +9.9% |
| Cash at bank and in hand | 54/58 | €2 | €236,882 | +€236,880 | +11963642.9% |
| Deferred charges and accrued income | 490/1 | €4,066 | €301 | -€3,765 | -92.6% |
| Total equity and liabilities | 10/49 | €197,295 | €426,682 | +€229,387 | +116.3% |
| Equity | 10/15 | €33,161 | €45,108 | +€11,947 | +36.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €16,401 | €16,401 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,901 | €13,901 | = | 0.0% |
| Distributable reserves | 133 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,239 | €3,708 | +€11,947 | |
| Amounts payable | 17/49 | €164,134 | €381,574 | +€217,440 | +132.5% |
| Amounts payable after more than one year | 17 | €50,217 | €52,856 | +€2,640 | +5.3% |
| Financial debts | 170/4 | €50,217 | €52,856 | +€2,640 | +5.3% |
| Amounts payable within one year | 42/48 | €113,157 | €328,717 | +€215,561 | +190.5% |
| Current portion of amounts payable after more than one year | 42 | €17,707 | €17,977 | +€270 | +1.5% |
| Financial debts | 43 | €1,075 | - | -€1,075 | |
| Credit institutions | 430/8 | €1,075 | - | -€1,075 | |
| Trade debts | 44 | €66,449 | €45,311 | -€21,139 | -31.8% |
| Suppliers | 440/4 | €66,449 | €45,311 | -€21,139 | -31.8% |
| Advances received on contracts in progress | 46 | - | €143,690 | +€143,690 | |
| Taxes, remuneration and social security | 45 | €25,704 | €21,152 | -€4,551 | -17.7% |
| Taxes | 450/3 | €21,649 | €12,752 | -€8,896 | -41.1% |
| Remuneration and social security | 454/9 | €4,055 | €8,400 | +€4,345 | +107.1% |
| Other amounts payable | 47/48 | €2,222 | €100,588 | +€98,366 | +4426.8% |
| Accrued charges and deferred income | 492/3 | €760 | - | -€760 | |
| Non-recurring operating income | 76A | - | €2,000 | +€2,000 | |
| Remuneration, social security and pensions | 62 | €81,045 | €45,358 | -€35,687 | -44.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,555 | €11,811 | -€2,744 | -18.8% |
| Other operating charges | 640/8 | €5,442 | €26,095 | +€20,653 | +379.5% |
| Gross operating margin | 9900 | €117,670 | €116,317 | -€1,354 | -1.2% |
| Operating profit (loss) | 9901 | €16,629 | €33,053 | +€16,424 | +98.8% |
| Financial income | 75/76B | €2,663 | €13 | -€2,649 | -99.5% |
| Recurring financial income | 75 | €2,663 | €13 | -€2,649 | -99.5% |
| Financial charges | 65/66B | €10,116 | €9,821 | -€295 | -2.9% |
| Recurring financial charges | 65 | €10,116 | €9,821 | -€295 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €9,176 | €23,245 | +€14,070 | +153.3% |
| Income taxes | 67/77 | €4,355 | €11,298 | +€6,943 | +159.4% |
| Profit (loss) for the period | 9904 | €4,821 | €11,947 | +€7,127 | +147.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,821 | €11,947 | +€7,127 | +147.8% |
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.