IMMO DEVAUX II: 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 DEVAUX II
Largest movements
- Tangible fixed assets -€14,561
down €14,561 (-1.1%), from €1.4m to €1.3m
- Debts after one year -€53,090
down €53,090 (-5.9%), from €904,220 to €851,131
- Other debts +€40,268
up €40,268 (+11.4%), from €353,938 to €394,207
- Depreciation +€902
up €902 (+2.2%), from €40,736 to €41,638
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 | €1,374,850 | €1,355,541 | -€19,310 | -1.4% |
| Fixed assets | 21/28 | €1,364,166 | €1,349,604 | -€14,561 | -1.1% |
| Tangible fixed assets | 22/27 | €1,364,166 | €1,349,604 | -€14,561 | -1.1% |
| Land and buildings | 22 | €1,364,166 | €1,349,604 | -€14,561 | -1.1% |
| Current assets | 29/58 | €10,684 | €5,936 | -€4,748 | -44.4% |
| Cash at bank and in hand | 54/58 | €10,684 | €5,428 | -€5,256 | -49.2% |
| Deferred charges and accrued income | 490/1 | - | €508 | +€508 | |
| Total equity and liabilities | 10/49 | €1,374,850 | €1,355,541 | -€19,310 | -1.4% |
| Equity | 10/15 | €65,543 | €57,114 | -€8,429 | -12.9% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Revaluation surpluses | 12 | €327,310 | €315,621 | -€11,690 | -3.6% |
| Reserves | 13 | €11,690 | €23,379 | +€11,690 | +100.0% |
| Distributable reserves | 133 | €11,690 | €23,379 | +€11,690 | +100.0% |
| Profit (loss) carried forward | 14 | -€334,957 | -€343,386 | -€8,429 | -2.5% |
| Amounts payable | 17/49 | €1,309,308 | €1,298,427 | -€10,881 | -0.8% |
| Amounts payable after more than one year | 17 | €904,220 | €851,131 | -€53,090 | -5.9% |
| Financial debts | 170/4 | €904,220 | €851,131 | -€53,090 | -5.9% |
| Amounts payable within one year | 42/48 | €405,087 | €447,296 | +€42,209 | +10.4% |
| Current portion of amounts payable after more than one year | 42 | €50,925 | €53,090 | +€2,165 | +4.3% |
| Trade debts | 44 | €224 | - | -€224 | |
| Suppliers | 440/4 | €224 | - | -€224 | |
| Other amounts payable | 47/48 | €353,938 | €394,207 | +€40,268 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,736 | €41,638 | +€902 | +2.2% |
| Other operating charges | 640/8 | €8,457 | €8,673 | +€216 | +2.6% |
| Gross operating margin | 9900 | €80,673 | €80,773 | +€100 | +0.1% |
| Operating profit (loss) | 9901 | €31,479 | €30,461 | -€1,018 | -3.2% |
| Financial income | 75/76B | €46 | €83 | +€37 | +80.6% |
| Recurring financial income | 75 | €46 | €83 | +€37 | +80.6% |
| Financial charges | 65/66B | €39,755 | €38,973 | -€782 | -2.0% |
| Recurring financial charges | 65 | €39,755 | €38,973 | -€782 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,230 | -€8,429 | -€199 | -2.4% |
| Profit (loss) for the period | 9904 | -€8,230 | -€8,429 | -€199 | -2.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,230 | -€8,429 | -€199 | -2.4% |
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 4 October 2026 via checked.be.