IMMO DORPSHART: 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 DORPSHART
Largest movements
- Tangible fixed assets -€15,693
down €15,693 (-3.0%), from €520,545 to €504,852
of which Plant, machinery and equipment: -€8,303
- Cash -€8,741
down €8,741 (-37.8%), from €23,147 to €14,406
mainly Debts after one year (-€24,133) and Other debts (-€13,909)
- Debts after one year -€24,133
down €24,133 (-6.7%), from €357,809 to €333,676
- Other debts -€13,909
down €13,909 (-12.4%), from €111,860 to €97,951
- Reserves +€13,500
up €13,500 (+45.0%), from €30,000 to €43,500
- Gross operating margin +€6,389
up €6,389 (+17.6%), from €36,257 to €42,647
- Taxes +€2,451
up €2,451 (+161%), from €1,519 to €3,970
- Financial charges +€1,036
up €1,036 (+14.9%), from €6,956 to €7,992
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 | €545,113 | €520,265 | -€24,849 | -4.6% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €520,545 | €504,852 | -€15,693 | -3.0% |
| Tangible fixed assets | 22/27 | €520,545 | €504,852 | -€15,693 | -3.0% |
| Land and buildings | 22 | €318,643 | €311,253 | -€7,390 | -2.3% |
| Plant, machinery and equipment | 23 | €201,902 | €193,599 | -€8,303 | -4.1% |
| Current assets | 29/58 | €24,568 | €15,412 | -€9,156 | -37.3% |
| Amounts receivable within one year | 40/41 | €481 | €30 | -€451 | -93.7% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €481 | €30 | -€451 | -93.7% |
| Cash at bank and in hand | 54/58 | €23,147 | €14,406 | -€8,741 | -37.8% |
| Deferred charges and accrued income | 490/1 | €941 | €976 | +€36 | +3.8% |
| Total equity and liabilities | 10/49 | €545,113 | €520,265 | -€24,849 | -4.6% |
| Equity | 10/15 | €51,670 | €63,580 | +€11,910 | +23.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €30,000 | €43,500 | +€13,500 | +45.0% |
| Distributable reserves | 133 | €30,000 | €43,500 | +€13,500 | +45.0% |
| Profit (loss) carried forward | 14 | €1,670 | €80 | -€1,590 | -95.2% |
| Amounts payable | 17/49 | €493,443 | €456,685 | -€36,758 | -7.4% |
| Amounts payable after more than one year | 17 | €357,809 | €333,676 | -€24,133 | -6.7% |
| Financial debts | 170/4 | €357,809 | €333,676 | -€24,133 | -6.7% |
| Amounts payable within one year | 42/48 | €135,634 | €122,084 | -€13,550 | -10.0% |
| Current portion of amounts payable after more than one year | 42 | €23,774 | €24,133 | +€359 | +1.5% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Other amounts payable | 47/48 | €111,860 | €97,951 | -€13,909 | -12.4% |
| Accrued charges and deferred income | 492/3 | - | €925 | +€925 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,884 | €15,693 | -€191 | -1.2% |
| Other operating charges | 640/8 | €3,007 | €3,082 | +€75 | +2.5% |
| Gross operating margin | 9900 | €36,257 | €42,647 | +€6,389 | +17.6% |
| Operating profit (loss) | 9901 | €17,367 | €23,872 | +€6,505 | +37.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €6,956 | €7,992 | +€1,036 | +14.9% |
| Recurring financial charges | 65 | €6,956 | €7,992 | +€1,036 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | €10,411 | €15,880 | +€5,469 | +52.5% |
| Income taxes | 67/77 | €1,519 | €3,970 | +€2,451 | +161% |
| Profit (loss) for the period | 9904 | €8,892 | €11,910 | +€3,018 | +33.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,892 | €11,910 | +€3,018 | +33.9% |
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 29 October 2026 via checked.be.