IMMO DHAENENS: 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 DHAENENS
Largest movements
- Cash -€10,758
down €10,758 (-81.4%), from €13,211 to €2,453
- Tangible fixed assets -€4,763
down €4,763 (-5.3%), from €90,116 to €85,353
- Other debts -€16,466
down €16,466 (-69.6%), from €23,663 to €7,197
- Other operating charges +€193
up €193 (+7.0%), from €2,776 to €2,969
- Depreciation +€71
up €71 (+3.1%), from €2,310 to €2,381
- Gross operating margin +€67
up €67 (+1.2%), from €5,475 to €5,542
From the 2023 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.
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €106,069 | €90,619 | -€15,450 | -14.6% |
| Fixed assets | 21/28 | €90,116 | €85,353 | -€4,763 | -5.3% |
| Tangible fixed assets | 22/27 | €90,116 | €85,353 | -€4,763 | -5.3% |
| Land and buildings | 22 | €90,116 | €85,353 | -€4,763 | -5.3% |
| Current assets | 29/58 | €15,953 | €5,266 | -€10,687 | -67.0% |
| Amounts receivable within one year | 40/41 | €1,550 | €1,550 | = | 0.0% |
| Other amounts receivable | 41 | €1,550 | €1,550 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €13,211 | €2,453 | -€10,758 | -81.4% |
| Deferred charges and accrued income | 490/1 | €1,192 | €1,263 | +€71 | +6.0% |
| Total equity and liabilities | 10/49 | €106,069 | €90,619 | -€15,450 | -14.6% |
| Equity | 10/15 | €82,304 | €83,232 | +€928 | +1.1% |
| Contributions | 10/11 | €65,031 | €65,031 | = | 0.0% |
| Reserves | 13 | €9,179 | €9,179 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,432 | €6,432 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,432 | €6,432 | = | 0.0% |
| Distributable reserves | 133 | €2,747 | €2,747 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,094 | €9,023 | +€928 | +11.5% |
| Amounts payable | 17/49 | €23,765 | €7,387 | -€16,378 | -68.9% |
| Amounts payable within one year | 42/48 | €23,765 | €7,387 | -€16,378 | -68.9% |
| Trade debts | 44 | €102 | - | -€102 | |
| Suppliers | 440/4 | €102 | - | -€102 | |
| Taxes, remuneration and social security | 45 | - | €189 | +€189 | |
| Taxes | 450/3 | - | €189 | +€189 | |
| Other amounts payable | 47/48 | €23,663 | €7,197 | -€16,466 | -69.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,310 | €2,381 | +€71 | +3.1% |
| Other operating charges | 640/8 | €2,776 | €2,969 | +€193 | +7.0% |
| Gross operating margin | 9900 | €5,475 | €5,542 | +€67 | +1.2% |
| Operating profit (loss) | 9901 | €389 | €192 | -€197 | -50.7% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €140 | €153 | +€13 | +9.2% |
| Recurring financial charges | 65 | €140 | €153 | +€13 | +9.2% |
| Profit (loss) for the period before taxes | 9903 | €249 | €40 | -€209 | -84.1% |
| Income taxes | 67/77 | - | €11 | +€11 | |
| Profit (loss) for the period | 9904 | €249 | €29 | -€220 | -88.4% |
| Profit (loss) for the period to be appropriated | 9905 | €249 | €29 | -€220 | -88.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.