IMMO DEMONIE: 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 DEMONIE
Largest movements
- Cash +€89,719
up €89,719 (+346%), from €25,956 to €115,675
mainly Depreciation (+€60,007) and Accrued charges and deferred income (+€19,371)
- Tangible fixed assets -€60,007
down €60,007 (-3.5%), from €1.7m to €1.6m
of which Land and buildings: -€58,101
- Accrued charges and deferred income +€19,371
up €19,371 (+138%), from €14,032 to €33,403
- Depreciation -€62,287
down €62,287 (-50.9%), from €122,293 to €60,007
- Financial charges +€27,136
up €27,136 (+317%), from €8,567 to €35,703
- Gross operating margin +€25,053
up €25,053 (+27.3%), from €91,686 to €116,739
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 | €1,753,275 | €1,782,894 | +€29,620 | +1.7% |
| Fixed assets | 21/28 | €1,692,315 | €1,632,308 | -€60,007 | -3.5% |
| Tangible fixed assets | 22/27 | €1,692,315 | €1,632,308 | -€60,007 | -3.5% |
| Land and buildings | 22 | €1,685,557 | €1,627,457 | -€58,101 | -3.4% |
| Plant, machinery and equipment | 23 | €6,758 | €4,852 | -€1,906 | -28.2% |
| Current assets | 29/58 | €60,959 | €150,586 | +€89,627 | +147% |
| Amounts receivable within one year | 40/41 | €99 | - | -€99 | |
| Other amounts receivable | 41 | €99 | - | -€99 | |
| Current investments | 50/53 | €34,760 | €34,760 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €25,956 | €115,675 | +€89,719 | +346% |
| Deferred charges and accrued income | 490/1 | €144 | €151 | +€7 | +4.5% |
| Total equity and liabilities | 10/49 | €1,753,275 | €1,782,894 | +€29,620 | +1.7% |
| Equity | 10/15 | €786,453 | €792,444 | +€5,991 | +0.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €724,453 | €730,444 | +€5,991 | +0.8% |
| Tax-exempt reserves | 132 | €86,381 | €81,460 | -€4,922 | -5.7% |
| Distributable reserves | 133 | €638,072 | €648,984 | +€10,913 | +1.7% |
| Provisions and deferred taxes | 16 | €28,794 | €27,153 | -€1,641 | -5.7% |
| Deferred taxes | 168 | €28,794 | €27,153 | -€1,641 | -5.7% |
| Amounts payable | 17/49 | €938,028 | €963,297 | +€25,269 | +2.7% |
| Amounts payable after more than one year | 17 | €225,000 | €225,000 | = | 0.0% |
| Other amounts payable | 178/9 | €225,000 | €225,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €698,996 | €704,895 | +€5,898 | +0.8% |
| Trade debts | 44 | €2,075 | €550 | -€1,525 | -73.5% |
| Suppliers | 440/4 | €2,075 | €550 | -€1,525 | -73.5% |
| Taxes, remuneration and social security | 45 | €2,751 | €10,174 | +€7,423 | +270% |
| Taxes | 450/3 | €2,751 | €10,174 | +€7,423 | +270% |
| Other amounts payable | 47/48 | €694,171 | €694,171 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €14,032 | €33,403 | +€19,371 | +138% |
| Non-recurring operating income | 76A | €450 | - | -€450 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €122,293 | €60,007 | -€62,287 | -50.9% |
| Other operating charges | 640/8 | €17,124 | €16,679 | -€444 | -2.6% |
| Gross operating margin | 9900 | €91,686 | €116,739 | +€25,053 | +27.3% |
| Operating profit (loss) | 9901 | -€47,731 | €40,053 | +€87,784 | |
| Financial income | 75/76B | €331 | €0 | -€331 | -100.0% |
| Recurring financial income | 75 | €331 | €0 | -€331 | -100.0% |
| Financial charges | 65/66B | €8,567 | €35,703 | +€27,136 | +317% |
| Recurring financial charges | 65 | €8,567 | €35,703 | +€27,136 | +317% |
| Profit (loss) for the period before taxes | 9903 | -€55,967 | €4,350 | +€60,318 | |
| Transfer from deferred taxes | 780 | €1,641 | €1,641 | = | 0.0% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€54,327 | €5,991 | +€60,318 | |
| Transfer from tax-exempt reserves | 789 | €4,922 | €4,922 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€49,405 | €10,913 | +€60,318 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.