IMMO DESCHEEMAECKER: 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 DESCHEEMAECKER
Largest movements
- Current investments +€302,000
up €302,000, from €0 to €302,000
- Cash -€248,119
down €248,119 (-63.4%), from €391,500 to €143,380
mainly Current investments (-€302,000) and Other debts (-€36,034)
- Stocks and contracts -€62,398
down €62,398 (-60.3%), from €103,454 to €41,056
- Other debts -€36,034
down €36,034 (-39.3%), from €91,604 to €55,570
- Reserves +€25,249
up €25,249 (+8.2%), from €306,436 to €331,685
of which Distributable reserves: +€25,249
- Gross operating margin +€43,866
up €43,866, from -€10,024 to €33,843
- Financial income -€22,024
down €22,024 (-86.9%), from €25,353 to €3,329
- Taxes +€4,887
up €4,887 (+549.4%), from €890 to €5,777
- Financial charges +€398
up €398 (+7.4%), from €5,389 to €5,787
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 | €522,635 | €514,685 | -€7,950 | -1.5% |
| Fixed assets | 21/28 | - | €1,273 | +€1,273 | |
| Tangible fixed assets | 22/27 | - | €1,273 | +€1,273 | |
| Plant, machinery and equipment | 23 | - | €1,273 | +€1,273 | |
| Current assets | 29/58 | €522,635 | €513,411 | -€9,224 | -1.8% |
| Stocks and contracts in progress | 3 | €103,454 | €41,056 | -€62,398 | -60.3% |
| Stocks | 30/36 | €103,454 | €41,056 | -€62,398 | -60.3% |
| Amounts receivable within one year | 40/41 | €27,681 | €26,975 | -€706 | -2.5% |
| Other amounts receivable | 41 | €27,681 | €26,975 | -€706 | -2.5% |
| Current investments | 50/53 | €0 | €302,000 | +€302,000 | |
| Cash at bank and in hand | 54/58 | €391,500 | €143,380 | -€248,119 | -63.4% |
| Total equity and liabilities | 10/49 | €522,635 | €514,685 | -€7,950 | -1.5% |
| Equity | 10/15 | €430,383 | €455,632 | +€25,249 | +5.9% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €306,436 | €331,685 | +€25,249 | +8.2% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Distributable reserves | 133 | €294,042 | €319,290 | +€25,249 | +8.6% |
| Amounts payable | 17/49 | €92,252 | €59,053 | -€33,199 | -36.0% |
| Amounts payable within one year | 42/48 | €92,214 | €59,053 | -€33,161 | -36.0% |
| Trade debts | 44 | - | €1,855 | +€1,855 | |
| Suppliers | 440/4 | - | €1,855 | +€1,855 | |
| Taxes, remuneration and social security | 45 | €610 | €1,628 | +€1,018 | +166.7% |
| Taxes | 450/3 | €610 | €1,628 | +€1,018 | +166.7% |
| Other amounts payable | 47/48 | €91,604 | €55,570 | -€36,034 | -39.3% |
| Accrued charges and deferred income | 492/3 | €37 | €0 | -€37 | -100.0% |
| Non-recurring operating income | 76A | - | €45,035 | +€45,035 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €201 | +€201 | |
| Other operating charges | 640/8 | €155 | €158 | +€3 | +2.1% |
| Gross operating margin | 9900 | -€10,024 | €33,843 | +€43,866 | |
| Operating profit (loss) | 9901 | -€10,179 | €33,484 | +€43,662 | |
| Financial income | 75/76B | €25,353 | €3,329 | -€22,024 | -86.9% |
| Recurring financial income | 75 | €25,353 | €3,329 | -€22,024 | -86.9% |
| Financial charges | 65/66B | €5,389 | €5,787 | +€398 | +7.4% |
| Recurring financial charges | 65 | €5,389 | €5,787 | +€398 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | €9,786 | €31,026 | +€21,240 | +217.0% |
| Income taxes | 67/77 | €890 | €5,777 | +€4,887 | +549.4% |
| Profit (loss) for the period | 9904 | €8,896 | €25,249 | +€16,352 | +183.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,896 | €25,249 | +€16,352 | +183.8% |
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 7 October 2026 via checked.be.