IMMO DISON: 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 DISON
Largest movements
- Tangible fixed assets -€154,626
down €154,626 (-4.1%), from €3.8m to €3.6m
of which Land and buildings: -€144,980
- Debts after one year -€220,086
down €220,086 (-13.5%), from €1.6m to €1.4m
- Reserves -€140,162
down €140,162 (-97.6%), from €143,595 to €3,433
of which Distributable reserves: -€143,595
- Profit (loss) carried forward +€120,391
no longer reported in 2025 (was -€120,391)
- Trade debts +€87,812
new in 2025: €87,812
- Gross operating margin -€57,823
down €57,823 (-12.0%), from €481,302 to €423,479
- Taxes -€14,513
down €14,513 (-39.5%), from €36,751 to €22,238
- Financial charges -€6,633
down €6,633 (-6.4%), from €102,964 to €96,331
- Financial income -€6,492
down €6,492 (-99.9%), from €6,498 to €6
- Depreciation -€5,022
down €5,022 (-2.9%), from €172,144 to €167,122
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 | €4,038,720 | €3,873,104 | -€165,616 | -4.1% |
| Fixed assets | 21/28 | €3,781,309 | €3,626,683 | -€154,626 | -4.1% |
| Tangible fixed assets | 22/27 | €3,781,309 | €3,626,683 | -€154,626 | -4.1% |
| Land and buildings | 22 | €3,500,729 | €3,355,749 | -€144,980 | -4.1% |
| Plant, machinery and equipment | 23 | €280,580 | €270,934 | -€9,646 | -3.4% |
| Current assets | 29/58 | €257,411 | €246,421 | -€10,990 | -4.3% |
| Amounts receivable within one year | 40/41 | €33,666 | €38,154 | +€4,488 | +13.3% |
| Trade receivables | 40 | €25,349 | €25,349 | = | 0.0% |
| Other amounts receivable | 41 | €8,317 | €12,805 | +€4,488 | +54.0% |
| Cash at bank and in hand | 54/58 | €223,745 | €208,267 | -€15,478 | -6.9% |
| Total equity and liabilities | 10/49 | €4,038,720 | €3,873,104 | -€165,616 | -4.1% |
| Equity | 10/15 | €85,301 | €65,531 | -€19,770 | -23.2% |
| Contributions | 10/11 | €62,097 | €62,097 | +€0 | 0.0% |
| Capital | 10 | €62,097 | €62,097 | +€0 | 0.0% |
| Issued capital | 100 | €62,097 | €62,097 | +€0 | 0.0% |
| Reserves | 13 | €143,595 | €3,433 | -€140,162 | -97.6% |
| Non-distributable reserves | 130/1 | - | €3,433 | +€3,433 | |
| Legal reserve | 130 | - | €3,433 | +€3,433 | |
| Distributable reserves | 133 | €143,595 | - | -€143,595 | |
| Profit (loss) carried forward | 14 | -€120,391 | - | +€120,391 | |
| Amounts payable | 17/49 | €3,953,419 | €3,807,573 | -€145,846 | -3.7% |
| Amounts payable after more than one year | 17 | €1,631,323 | €1,411,237 | -€220,086 | -13.5% |
| Financial debts | 170/4 | €1,631,323 | €1,411,237 | -€220,086 | -13.5% |
| Amounts payable within one year | 42/48 | €2,322,096 | €2,396,336 | +€74,240 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €213,177 | €220,086 | +€6,909 | +3.2% |
| Trade debts | 44 | - | €87,812 | +€87,812 | |
| Suppliers | 440/4 | - | €87,812 | +€87,812 | |
| Other amounts payable | 47/48 | €2,108,919 | €2,088,438 | -€20,481 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €172,144 | €167,122 | -€5,022 | -2.9% |
| Other operating charges | 640/8 | €67,022 | €69,127 | +€2,105 | +3.1% |
| Gross operating margin | 9900 | €481,302 | €423,479 | -€57,823 | -12.0% |
| Operating profit (loss) | 9901 | €242,136 | €187,231 | -€54,905 | -22.7% |
| Financial income | 75/76B | €6,498 | €6 | -€6,492 | -99.9% |
| Recurring financial income | 75 | €6,498 | €6 | -€6,492 | -99.9% |
| Financial charges | 65/66B | €102,964 | €96,331 | -€6,633 | -6.4% |
| Recurring financial charges | 65 | €102,964 | €96,331 | -€6,633 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €145,670 | €90,905 | -€54,765 | -37.6% |
| Income taxes | 67/77 | €36,751 | €22,238 | -€14,513 | -39.5% |
| Profit (loss) for the period | 9904 | €108,919 | €68,667 | -€40,252 | -37.0% |
| Profit (loss) for the period to be appropriated | 9905 | €108,919 | €68,667 | -€40,252 | -37.0% |
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 30 September 2026 via checked.be.