IMMO DHAENE: 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 DHAENE
Largest movements
- Tangible fixed assets +€281,712
up €281,712 (+14.6%), from €1.9m to €2.2m
- Cash -€66,461
down €66,461 (-96.6%), from €68,800 to €2,338
mainly Investment in fixed assets (net) (-€352,981) and Net result for the year (-€78,427)
- Short-term financial debts +€250,000
new in 2025: €250,000
- Other debts +€80,000
new in 2025: €80,000
- Profit (loss) carried forward -€78,427
down €78,427 (-4441.9%), from -€1,766 to -€80,192
- Debts after one year -€31,360
down €31,360 (-23.6%), from €133,079 to €101,719
- Gross operating margin -€84,030
down €84,030 (-93.1%), from €90,267 to €6,236
- Depreciation +€10,908
up €10,908 (+18.1%), from €60,362 to €71,269
- Taxes -€5,142
down €5,142 (-98.0%), from €5,250 to €108
- Financial charges +€4,547
up €4,547 (+186.1%), from €2,443 to €6,991
- Other operating charges +€1,187
up €1,187 (+22.4%), from €5,308 to €6,496
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 | €2,004,787 | €2,220,108 | +€215,321 | +10.7% |
| Fixed assets | 21/28 | €1,934,194 | €2,215,906 | +€281,712 | +14.6% |
| Tangible fixed assets | 22/27 | €1,934,194 | €2,215,906 | +€281,712 | +14.6% |
| Land and buildings | 22 | €1,934,194 | €2,215,906 | +€281,712 | +14.6% |
| Current assets | 29/58 | €70,593 | €4,202 | -€66,390 | -94.0% |
| Cash at bank and in hand | 54/58 | €68,800 | €2,338 | -€66,461 | -96.6% |
| Deferred charges and accrued income | 490/1 | €1,793 | €1,864 | +€71 | +4.0% |
| Total equity and liabilities | 10/49 | €2,004,787 | €2,220,108 | +€215,321 | +10.7% |
| Equity | 10/15 | €1,835,456 | €1,757,029 | -€78,427 | -4.3% |
| Contributions | 10/11 | €1,806,000 | €1,806,000 | = | 0.0% |
| Reserves | 13 | €31,222 | €31,222 | = | 0.0% |
| Distributable reserves | 133 | €31,222 | €31,222 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,766 | -€80,192 | -€78,427 | -4441.9% |
| Amounts payable | 17/49 | €169,331 | €463,079 | +€293,748 | +173.5% |
| Amounts payable after more than one year | 17 | €133,079 | €101,719 | -€31,360 | -23.6% |
| Financial debts | 170/4 | €133,079 | €101,719 | -€31,360 | -23.6% |
| Amounts payable within one year | 42/48 | €36,252 | €361,360 | +€325,108 | +896.8% |
| Current portion of amounts payable after more than one year | 42 | €31,002 | €31,360 | +€358 | +1.2% |
| Financial debts | 43 | - | €250,000 | +€250,000 | |
| Credit institutions | 430/8 | - | €250,000 | +€250,000 | |
| Taxes, remuneration and social security | 45 | €5,250 | - | -€5,250 | |
| Taxes | 450/3 | €5,250 | - | -€5,250 | |
| Other amounts payable | 47/48 | - | €80,000 | +€80,000 | |
| Non-recurring operating income | 76A | €5,579 | - | -€5,579 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,362 | €71,269 | +€10,908 | +18.1% |
| Other operating charges | 640/8 | €5,308 | €6,496 | +€1,187 | +22.4% |
| Gross operating margin | 9900 | €90,267 | €6,236 | -€84,030 | -93.1% |
| Operating profit (loss) | 9901 | €24,596 | -€71,529 | -€96,125 | |
| Financial income | 75/76B | - | €200 | +€200 | |
| Recurring financial income | 75 | - | €200 | +€200 | |
| Financial charges | 65/66B | €2,443 | €6,991 | +€4,547 | +186.1% |
| Recurring financial charges | 65 | €2,443 | €6,991 | +€4,547 | +186.1% |
| Profit (loss) for the period before taxes | 9903 | €22,153 | -€78,319 | -€100,472 | |
| Income taxes | 67/77 | €5,250 | €108 | -€5,142 | -98.0% |
| Profit (loss) for the period | 9904 | €16,903 | -€78,427 | -€95,330 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,903 | -€78,427 | -€95,330 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.