Immo Devos: 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 Devos
Largest movements
- Tangible fixed assets -€18,395
down €18,395 (-2.4%), from €762,236 to €743,841
- Debts after one year -€55,950
down €55,950 (-10.6%), from €527,475 to €471,525
- Profit (loss) carried forward +€35,012
up €35,012 (+41.6%), from €84,189 to €119,200
- Tax, wage and social debts +€12,790
up €12,790 (+154.1%), from €8,300 to €21,090
- Depreciation -€13,060
down €13,060 (-41.5%), from €31,455 to €18,395
- Taxes +€4,433
up €4,433 (+53.1%), from €8,356 to €12,790
- Gross operating margin +€2,585
up €2,585 (+3.5%), from €74,914 to €77,500
- Other operating charges -€926
down €926 (-16.4%), from €5,659 to €4,733
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 | €775,275 | €767,766 | -€7,509 | -1.0% |
| Fixed assets | 21/28 | €762,236 | €743,841 | -€18,395 | -2.4% |
| Tangible fixed assets | 22/27 | €762,236 | €743,841 | -€18,395 | -2.4% |
| Land and buildings | 22 | €762,236 | €743,841 | -€18,395 | -2.4% |
| Current assets | 29/58 | €13,039 | €23,924 | +€10,885 | +83.5% |
| Amounts receivable within one year | 40/41 | €6,737 | €13,708 | +€6,971 | +103.5% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €6,737 | €13,708 | +€6,971 | +103.5% |
| Cash at bank and in hand | 54/58 | €6,302 | €10,216 | +€3,914 | +62.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €775,275 | €767,766 | -€7,509 | -1.0% |
| Equity | 10/15 | €94,189 | €129,200 | +€35,012 | +37.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,189 | €119,200 | +€35,012 | +41.6% |
| Amounts payable | 17/49 | €681,086 | €638,565 | -€42,521 | -6.2% |
| Amounts payable after more than one year | 17 | €527,475 | €471,525 | -€55,950 | -10.6% |
| Financial debts | 170/4 | €527,475 | €471,525 | -€55,950 | -10.6% |
| Amounts payable within one year | 42/48 | €153,611 | €167,040 | +€13,429 | +8.7% |
| Current portion of amounts payable after more than one year | 42 | €55,311 | €55,950 | +€639 | +1.2% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €8,300 | €21,090 | +€12,790 | +154.1% |
| Taxes | 450/3 | €8,300 | €21,090 | +€12,790 | +154.1% |
| Other amounts payable | 47/48 | €90,000 | €90,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,455 | €18,395 | -€13,060 | -41.5% |
| Other operating charges | 640/8 | €5,659 | €4,733 | -€926 | -16.4% |
| Gross operating margin | 9900 | €74,914 | €77,500 | +€2,585 | +3.5% |
| Operating profit (loss) | 9901 | €37,800 | €54,372 | +€16,571 | +43.8% |
| Financial charges | 65/66B | €7,196 | €6,570 | -€626 | -8.7% |
| Recurring financial charges | 65 | €7,196 | €6,570 | -€626 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €30,604 | €47,801 | +€17,197 | +56.2% |
| Income taxes | 67/77 | €8,356 | €12,790 | +€4,433 | +53.1% |
| Profit (loss) for the period | 9904 | €22,248 | €35,012 | +€12,764 | +57.4% |
| Profit (loss) for the period to be appropriated | 9905 | €22,248 | €35,012 | +€12,764 | +57.4% |
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 12 October 2026 via checked.be.