IMMO DEVRIEZE: 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 DEVRIEZE
Largest movements
- Cash +€6,448
up €6,448 (+104.7%), from €6,158 to €12,607
mainly Net result for the year (+€6,515) and Depreciation (+€4,536)
- Tangible fixed assets -€4,536
down €4,536 (-3.8%), from €120,222 to €115,686
- Receivables within one year -€2,731
down €2,731 (-100.0%), from €2,731 to €0
- Debts after one year -€7,500
down €7,500 (-14.8%), from €50,625 to €43,125
- Reserves +€6,700
up €6,700 (+12.8%), from €52,159 to €58,859
- Gross operating margin +€1,901
up €1,901 (+17.0%), from €11,151 to €13,052
- Taxes +€166
new in 2025: €166
- Financial charges -€143
down €143 (-10.7%), from €1,331 to €1,188
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 | €129,110 | €128,292 | -€818 | -0.6% |
| Fixed assets | 21/28 | €120,222 | €115,686 | -€4,536 | -3.8% |
| Tangible fixed assets | 22/27 | €120,222 | €115,686 | -€4,536 | -3.8% |
| Land and buildings | 22 | €120,222 | €115,686 | -€4,536 | -3.8% |
| Current assets | 29/58 | €8,889 | €12,607 | +€3,718 | +41.8% |
| Amounts receivable within one year | 40/41 | €2,731 | €0 | -€2,731 | -100.0% |
| Other amounts receivable | 41 | €2,731 | €0 | -€2,731 | -100.0% |
| Cash at bank and in hand | 54/58 | €6,158 | €12,607 | +€6,448 | +104.7% |
| Total equity and liabilities | 10/49 | €129,110 | €128,292 | -€818 | -0.6% |
| Equity | 10/15 | €70,985 | €77,501 | +€6,515 | +9.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €52,159 | €58,859 | +€6,700 | +12.8% |
| Distributable reserves | 133 | €52,159 | €58,859 | +€6,700 | +12.8% |
| Profit (loss) carried forward | 14 | €234 | €50 | -€185 | -78.8% |
| Amounts payable | 17/49 | €58,125 | €50,791 | -€7,334 | -12.6% |
| Amounts payable after more than one year | 17 | €50,625 | €43,125 | -€7,500 | -14.8% |
| Financial debts | 170/4 | €50,625 | €43,125 | -€7,500 | -14.8% |
| Amounts payable within one year | 42/48 | €7,500 | €7,666 | +€166 | +2.2% |
| Current portion of amounts payable after more than one year | 42 | €7,500 | €7,500 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €166 | +€166 | |
| Taxes | 450/3 | - | €166 | +€166 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,536 | €4,536 | = | 0.0% |
| Other operating charges | 640/8 | €598 | €646 | +€47 | +7.9% |
| Gross operating margin | 9900 | €11,151 | €13,052 | +€1,901 | +17.0% |
| Operating profit (loss) | 9901 | €6,017 | €7,870 | +€1,853 | +30.8% |
| Financial charges | 65/66B | €1,331 | €1,188 | -€143 | -10.7% |
| Recurring financial charges | 65 | €1,331 | €1,188 | -€143 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €4,686 | €6,682 | +€1,996 | +42.6% |
| Income taxes | 67/77 | - | €166 | +€166 | |
| Profit (loss) for the period | 9904 | €4,686 | €6,515 | +€1,830 | +39.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,686 | €6,515 | +€1,830 | +39.0% |
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 28 September 2026 via checked.be.