IMMO DK 20: 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 DK 20
Largest movements
- Receivables within one year -€104,922
down €104,922 (-80.3%), from €130,722 to €25,800
of which Other amounts receivable: -€125,171
- Cash +€38,745
up €38,745 (+2,821%), from €1,373 to €40,119
mainly Receivables within one year (+€104,922) and Investment in fixed assets (net) (+€25,980)
- Financial fixed assets -€25,980
no longer reported in 2025 (was €25,980)
- Intangible fixed assets -€15,250
down €15,250 (-9.1%), from €167,750 to €152,500
- Other debts -€104,852
down €104,852 (-47.4%), from €221,133 to €116,281
- Accrued charges and deferred income -€6,773
no longer reported in 2025 (was €6,773)
- Tax, wage and social debts +€6,124
new in 2025: €6,124
- Turnover -€131,777
no longer reported in 2025 (was €131,777)
- Purchases and services -€97,519
no longer reported in 2025 (was €97,519)
- Gross operating margin -€20,191
down €20,191 (-58.9%), from €34,258 to €14,067
- Taxes -€5,089
down €5,089, from €4,501 to -€588
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.
Derived cash bridge
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 | €334,847 | €227,323 | -€107,523 | -32.1% |
| Fixed assets | 21/28 | €195,736 | €153,838 | -€41,899 | -21.4% |
| Intangible fixed assets | 21 | €167,750 | €152,500 | -€15,250 | -9.1% |
| Tangible fixed assets | 22/27 | €2,007 | €1,338 | -€669 | -33.3% |
| Other tangible fixed assets | 26 | €2,007 | €1,338 | -€669 | -33.3% |
| Financial fixed assets | 28 | €25,980 | - | -€25,980 | |
| Current assets | 29/58 | €139,110 | €73,485 | -€65,625 | -47.2% |
| Amounts receivable within one year | 40/41 | €130,722 | €25,800 | -€104,922 | -80.3% |
| Trade receivables | 40 | €4,245 | €24,494 | +€20,249 | +477% |
| Other amounts receivable | 41 | €126,477 | €1,306 | -€125,171 | -99.0% |
| Cash at bank and in hand | 54/58 | €1,373 | €40,119 | +€38,745 | +2,821% |
| Deferred charges and accrued income | 490/1 | €7,014 | €7,566 | +€552 | +7.9% |
| Total equity and liabilities | 10/49 | €334,847 | €227,323 | -€107,523 | -32.1% |
| Equity | 10/15 | €104,397 | €102,577 | -€1,821 | -1.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | - | -€61,500 | |
| Issued capital | 100 | €61,500 | - | -€61,500 | |
| Contributions outside capital | 11 | - | €61,500 | +€61,500 | |
| Share premium | 1100/10 | - | €61,500 | +€61,500 | |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | - | -€6,150 | |
| Reserves not available under the articles | 1311 | - | €6,150 | +€6,150 | |
| Profit (loss) carried forward | 14 | €36,747 | €34,927 | -€1,821 | -5.0% |
| Amounts payable | 17/49 | €230,449 | €124,746 | -€105,703 | -45.9% |
| Amounts payable within one year | 42/48 | €223,676 | €124,746 | -€98,929 | -44.2% |
| Trade debts | 44 | €2,543 | €2,341 | -€201 | -7.9% |
| Suppliers | 440/4 | €2,543 | €2,341 | -€201 | -7.9% |
| Taxes, remuneration and social security | 45 | - | €6,124 | +€6,124 | |
| Taxes | 450/3 | - | €6,124 | +€6,124 | |
| Other amounts payable | 47/48 | €221,133 | €116,281 | -€104,852 | -47.4% |
| Accrued charges and deferred income | 492/3 | €6,773 | - | -€6,773 | |
| Turnover | 70 | €131,777 | - | -€131,777 | |
| Goods, raw materials, services and sundry goods | 60/61 | €97,519 | - | -€97,519 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,919 | €15,919 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €410 | +€22 | +5.7% |
| Gross operating margin | 9900 | €34,258 | €14,067 | -€20,191 | -58.9% |
| Operating profit (loss) | 9901 | €17,952 | -€2,262 | -€20,214 | |
| Financial income | 75/76B | €5 | €62 | +€57 | +1,239% |
| Recurring financial income | 75 | €5 | €62 | +€57 | +1,239% |
| Financial charges | 65/66B | €137 | €209 | +€71 | +52.2% |
| Recurring financial charges | 65 | €137 | €209 | +€71 | +52.2% |
| Profit (loss) for the period before taxes | 9903 | €17,819 | -€2,408 | -€20,228 | |
| Income taxes | 67/77 | €4,501 | -€588 | -€5,089 | |
| Profit (loss) for the period | 9904 | €13,318 | -€1,821 | -€15,139 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,318 | -€1,821 | -€15,139 |
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 14 October 2026 via checked.be.