IMMO DORA: 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 DORA
Largest movements
- Tangible fixed assets -€19,617
down €19,617 (-56.9%), from €34,491 to €14,874
- Cash +€4,041
up €4,041 (+3006.5%), from €134 to €4,175
mainly Net result for the year (+€41,508) and Investment in fixed assets (net) (+€19,617)
- Other debts -€57,321
down €57,321 (-37.9%), from €151,436 to €94,114
- Profit (loss) carried forward +€41,508
up €41,508 (+29.4%), from -€141,363 to -€99,855
- Gross operating margin +€64,966
up €64,966 (+1364.2%), from €4,762 to €69,728
- Other operating charges +€26,914
new in 2025: €26,914
- Depreciation -€4,219
no longer reported in 2025 (was €4,219)
- Financial charges +€1,231
up €1,231 (+1608.1%), from €77 to €1,307
- Purchases and services +€956
up €956 (+23.4%), from €4,081 to €5,037
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 | €34,862 | €19,049 | -€15,813 | -45.4% |
| Fixed assets | 21/28 | €34,491 | €14,874 | -€19,617 | -56.9% |
| Tangible fixed assets | 22/27 | €34,491 | €14,874 | -€19,617 | -56.9% |
| Land and buildings | 22 | €34,491 | €14,874 | -€19,617 | -56.9% |
| Current assets | 29/58 | €371 | €4,175 | +€3,804 | +1025.1% |
| Cash at bank and in hand | 54/58 | €134 | €4,175 | +€4,041 | +3006.5% |
| Deferred charges and accrued income | 490/1 | €237 | €0 | -€237 | -100.0% |
| Total equity and liabilities | 10/49 | €34,862 | €19,049 | -€15,813 | -45.4% |
| Equity | 10/15 | -€116,574 | -€75,066 | +€41,508 | +35.6% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€141,363 | -€99,855 | +€41,508 | +29.4% |
| Amounts payable | 17/49 | €151,436 | €94,114 | -€57,321 | -37.9% |
| Amounts payable within one year | 42/48 | €151,436 | €94,114 | -€57,321 | -37.9% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Other amounts payable | 47/48 | €151,436 | €94,114 | -€57,321 | -37.9% |
| Non-recurring operating income | 76A | - | €70,383 | +€70,383 | |
| Goods, raw materials, services and sundry goods | 60/61 | €4,081 | €5,037 | +€956 | +23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,219 | - | -€4,219 | |
| Other operating charges | 640/8 | - | €26,914 | +€26,914 | |
| Gross operating margin | 9900 | €4,762 | €69,728 | +€64,966 | +1364.2% |
| Operating profit (loss) | 9901 | €543 | €42,815 | +€42,272 | +7786.8% |
| Financial charges | 65/66B | €77 | €1,307 | +€1,231 | +1608.1% |
| Recurring financial charges | 65 | €77 | €1,307 | +€1,231 | +1608.1% |
| Profit (loss) for the period before taxes | 9903 | €466 | €41,508 | +€41,042 | +8800.6% |
| Profit (loss) for the period | 9904 | €466 | €41,508 | +€41,042 | +8800.6% |
| Profit (loss) for the period to be appropriated | 9905 | €466 | €41,508 | +€41,042 | +8800.6% |
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 5 October 2026 via checked.be.