IMMO DESIGN CONCEPT: 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.
What changed
IMMO DESIGN CONCEPT
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€23,769
2024 · -€129,030+€105,261
Equity
€219,608
2024 · €243,377-€23,769
Cash
€1,757
2024 · €168+€1,589
Balance sheet total
€1.1m
2024 · €1.1m-€38,646
Largest movements
Assets
- Tangible fixed assets -€28,174
down €28,174 (-4.7%), from €596,813 to €568,639
of which Land and buildings: -€26,173
- Receivables within one year -€11,691
down €11,691 (-2.2%), from €535,292 to €523,600
of which Other amounts receivable: -€13,047
Equity and liabilities
- Profit (loss) carried forward -€14,852
down €14,852 (-5.7%), from -€259,220 to -€274,072
- Provisions -€11,988
down €11,988 (-12.2%), from €98,062 to €86,074
Income statement
- Other operating charges -€64,618
down €64,618 (-99.0%), from €65,259 to €641
- Gross operating margin +€56,119
up €56,119, from -€10,158 to €45,961
- Staff costs -€7,043
down €7,043 (-20.1%), from €35,000 to €27,958
- Financial charges -€2,896
down €2,896 (-9.5%), from €30,604 to €27,708
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.
Result 2024
-€129,030
Gross operating margin
+€56,119
Staff costs
+€7,043
Depreciation
+€377
Other operating charges
+€64,618
Financial income
+€204
Financial charges
+€2,896
Taxes
-€210
Deferred taxes and other
-€25,785
Result 2025
-€23,769
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.
From operations
-€3,143
Investment
€0
Financing
+€4,732
Cash 2024
€168
From operations (derived)
-€3,143
Net result for the year
-€23,769
Depreciation
+€28,174
Receivables within one year
+€11,691
Deferred charges and accrued income
+€370
Provisions
-€11,988
Trade debts
+€2,062
Tax, wage and social debts
-€2,683
Other debts
-€7,000
Financing
+€4,732
Debts after one year
+€1,100
Short-term financial debts
+€3,632
Cash 2025
€1,757
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,132,696 | €1,094,050 | -€38,646 | -3.4% |
| Fixed assets | 21/28 | €596,813 | €568,639 | -€28,174 | -4.7% |
| Tangible fixed assets | 22/27 | €596,813 | €568,639 | -€28,174 | -4.7% |
| Land and buildings | 22 | €591,499 | €565,325 | -€26,173 | -4.4% |
| Plant, machinery and equipment | 23 | €3,734 | €3,314 | -€420 | -11.2% |
| Furniture and vehicles | 24 | €1,581 | - | -€1,581 | |
| Current assets | 29/58 | €535,883 | €525,411 | -€10,473 | -2.0% |
| Amounts receivable within one year | 40/41 | €535,292 | €523,600 | -€11,691 | -2.2% |
| Trade receivables | 40 | €13,273 | €14,628 | +€1,356 | +10.2% |
| Other amounts receivable | 41 | €522,019 | €508,972 | -€13,047 | -2.5% |
| Cash at bank and in hand | 54/58 | €168 | €1,757 | +€1,589 | +945.7% |
| Deferred charges and accrued income | 490/1 | €424 | €53 | -€370 | -87.4% |
| Total equity and liabilities | 10/49 | €1,132,696 | €1,094,050 | -€38,646 | -3.4% |
| Equity | 10/15 | €243,377 | €219,608 | -€23,769 | -9.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €440,597 | €431,680 | -€8,916 | -2.0% |
| Tax-exempt reserves | 132 | €384,283 | €375,366 | -€8,916 | -2.3% |
| Distributable reserves | 133 | €56,314 | €56,314 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€259,220 | -€274,072 | -€14,852 | -5.7% |
| Provisions and deferred taxes | 16 | €98,062 | €86,074 | -€11,988 | -12.2% |
| Deferred taxes | 168 | €98,062 | €86,074 | -€11,988 | -12.2% |
| Amounts payable | 17/49 | €791,257 | €788,367 | -€2,890 | -0.4% |
| Amounts payable after more than one year | 17 | €8,200 | €9,300 | +€1,100 | +13.4% |
| Other amounts payable | 178/9 | €8,200 | €9,300 | +€1,100 | +13.4% |
| Amounts payable within one year | 42/48 | €780,557 | €776,567 | -€3,990 | -0.5% |
| Financial debts | 43 | €710,000 | €713,632 | +€3,632 | +0.5% |
| Credit institutions | 430/8 | €710,000 | €713,632 | +€3,632 | +0.5% |
| Trade debts | 44 | €31,418 | €33,480 | +€2,062 | +6.6% |
| Suppliers | 440/4 | €31,418 | €33,480 | +€2,062 | +6.6% |
| Taxes, remuneration and social security | 45 | €7,369 | €4,686 | -€2,683 | -36.4% |
| Taxes | 450/3 | €459 | €536 | +€77 | +16.7% |
| Remuneration and social security | 454/9 | €6,910 | €4,150 | -€2,760 | -39.9% |
| Other amounts payable | 47/48 | €31,770 | €24,770 | -€7,000 | -22.0% |
| Accrued charges and deferred income | 492/3 | €2,500 | €2,500 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €35,000 | €27,958 | -€7,043 | -20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,551 | €28,174 | -€377 | -1.3% |
| Other operating charges | 640/8 | €65,259 | €641 | -€64,618 | -99.0% |
| Gross operating margin | 9900 | -€10,158 | €45,961 | +€56,119 | |
| Operating profit (loss) | 9901 | -€138,968 | -€10,811 | +€128,157 | +92.2% |
| Financial income | 75/76B | €2,769 | €2,972 | +€204 | +7.4% |
| Recurring financial income | 75 | €2,769 | €2,972 | +€204 | +7.4% |
| Financial charges | 65/66B | €30,604 | €27,708 | -€2,896 | -9.5% |
| Recurring financial charges | 65 | €30,604 | €27,708 | -€2,896 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | -€166,803 | -€35,547 | +€131,256 | +78.7% |
| Transfer from deferred taxes | 780 | €37,773 | €11,988 | -€25,785 | -68.3% |
| Income taxes | 67/77 | - | €210 | +€210 | |
| Profit (loss) for the period | 9904 | -€129,030 | -€23,769 | +€105,261 | +81.6% |
| Transfer from tax-exempt reserves | 789 | €113,319 | €8,916 | -€104,403 | -92.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,711 | -€14,852 | +€859 | +5.5% |
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 8 October 2026 via checked.be.