IMMO DEVO: 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 DEVO
Largest movements
- Current investments +€50,000
up €50,000 (+20.0%), from €250,000 to €300,000
- Receivables within one year +€18,989
up €18,989 (+754.1%), from €2,518 to €21,507
of which Other amounts receivable: +€21,507
- Tangible fixed assets -€15,457
down €15,457 (-4.1%), from €373,349 to €357,891
of which Land and buildings: -€9,202
- Receivables after one year -€8,064
down €8,064 (-62.2%), from €12,963 to €4,899
- Profit (loss) carried forward +€55,024
up €55,024 (+6.9%), from -€793,839 to -€738,816
- Accrued charges and deferred income -€9,379
down €9,379 (-93.1%), from €10,069 to €690
- Financial income +€5,281
up €5,281 (+125.2%), from €4,218 to €9,500
- Gross operating margin -€4,758
down €4,758 (-4.6%), from €103,066 to €98,308
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 | €721,295 | €766,559 | +€45,264 | +6.3% |
| Fixed assets | 21/28 | €373,349 | €357,891 | -€15,457 | -4.1% |
| Tangible fixed assets | 22/27 | €373,349 | €357,891 | -€15,457 | -4.1% |
| Land and buildings | 22 | €335,288 | €326,086 | -€9,202 | -2.7% |
| Plant, machinery and equipment | 23 | €9,477 | €7,195 | -€2,282 | -24.1% |
| Other tangible fixed assets | 26 | €28,584 | €24,610 | -€3,974 | -13.9% |
| Current assets | 29/58 | €347,946 | €408,667 | +€60,721 | +17.5% |
| Amounts receivable after more than one year | 29 | €12,963 | €4,899 | -€8,064 | -62.2% |
| Other amounts receivable | 291 | €12,963 | €4,899 | -€8,064 | -62.2% |
| Amounts receivable within one year | 40/41 | €2,518 | €21,507 | +€18,989 | +754.1% |
| Trade receivables | 40 | €2,518 | €0 | -€2,518 | -100.0% |
| Other amounts receivable | 41 | - | €21,507 | +€21,507 | |
| Current investments | 50/53 | €250,000 | €300,000 | +€50,000 | +20.0% |
| Cash at bank and in hand | 54/58 | €82,320 | €82,151 | -€169 | -0.2% |
| Deferred charges and accrued income | 490/1 | €146 | €111 | -€34 | -23.6% |
| Total equity and liabilities | 10/49 | €721,295 | €766,559 | +€45,264 | +6.3% |
| Equity | 10/15 | €687,783 | €742,807 | +€55,024 | +8.0% |
| Contributions | 10/11 | €396,630 | €396,630 | = | 0.0% |
| Capital | 10 | €396,630 | €396,630 | = | 0.0% |
| Issued capital | 100 | €396,630 | €396,630 | = | 0.0% |
| Reserves | 13 | €1,084,993 | €1,084,993 | = | 0.0% |
| Non-distributable reserves | 130/1 | €39,663 | €39,663 | = | 0.0% |
| Legal reserve | 130 | €39,663 | €39,663 | = | 0.0% |
| Tax-exempt reserves | 132 | €240,960 | €240,960 | = | 0.0% |
| Distributable reserves | 133 | €804,371 | €804,371 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€793,839 | -€738,816 | +€55,024 | +6.9% |
| Amounts payable | 17/49 | €33,512 | €23,752 | -€9,760 | -29.1% |
| Amounts payable after more than one year | 17 | €22,500 | €22,500 | = | 0.0% |
| Other amounts payable | 178/9 | €22,500 | €22,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €942 | €562 | -€381 | -40.4% |
| Trade debts | 44 | €394 | €0 | -€394 | -100.0% |
| Suppliers | 440/4 | €394 | €0 | -€394 | -100.0% |
| Taxes, remuneration and social security | 45 | €149 | €0 | -€149 | -100.0% |
| Taxes | 450/3 | €149 | €0 | -€149 | -100.0% |
| Other amounts payable | 47/48 | €399 | €562 | +€163 | +40.8% |
| Accrued charges and deferred income | 492/3 | €10,069 | €690 | -€9,379 | -93.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,632 | €15,457 | -€174 | -1.1% |
| Other operating charges | 640/8 | €18,358 | €18,931 | +€574 | +3.1% |
| Gross operating margin | 9900 | €103,066 | €98,308 | -€4,758 | -4.6% |
| Operating profit (loss) | 9901 | €69,076 | €63,919 | -€5,157 | -7.5% |
| Financial income | 75/76B | €4,218 | €9,500 | +€5,281 | +125.2% |
| Recurring financial income | 75 | €4,218 | €9,500 | +€5,281 | +125.2% |
| Financial charges | 65/66B | €75 | €54 | -€21 | -28.4% |
| Recurring financial charges | 65 | €75 | €54 | -€21 | -28.4% |
| Profit (loss) for the period before taxes | 9903 | €73,219 | €73,365 | +€146 | +0.2% |
| Income taxes | 67/77 | €18,799 | €18,341 | -€458 | -2.4% |
| Profit (loss) for the period | 9904 | €54,420 | €55,024 | +€603 | +1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €54,420 | €55,024 | +€603 | +1.1% |
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 10 October 2026 via checked.be.