IMMO DOUWES: 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 DOUWES
Largest movements
- Receivables within one year -€13,819
down €13,819 (-26.1%), from €52,924 to €39,105
of which Trade receivables: -€27,383
- Cash +€13,641
up €13,641 (+226%), from €6,048 to €19,688
mainly Net result for the year (+€46,193) and Receivables within one year (+€13,819)
- Reserves +€46,193
up €46,193 (+16.7%), from €276,705 to €322,897
- Other debts -€34,200
down €34,200 (-66.5%), from €51,392 to €17,192
- Debts after one year -€10,800
down €10,800 (-20.0%), from €54,000 to €43,200
- Tax, wage and social debts -€5,160
down €5,160 (-29.6%), from €17,427 to €12,267
- Gross operating margin +€19,543
up €19,543 (+43.8%), from €44,651 to €64,194
- Taxes +€10,664
up €10,664 (+157%), from €6,773 to €17,437
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 | €425,972 | €425,794 | -€178 | 0.0% |
| Fixed assets | 21/28 | €367,000 | €367,000 | = | 0.0% |
| Financial fixed assets | 28 | €367,000 | €367,000 | = | 0.0% |
| Current assets | 29/58 | €58,972 | €58,794 | -€178 | -0.3% |
| Amounts receivable within one year | 40/41 | €52,924 | €39,105 | -€13,819 | -26.1% |
| Trade receivables | 40 | €52,924 | €25,542 | -€27,383 | -51.7% |
| Other amounts receivable | 41 | €0 | €13,564 | +€13,564 | |
| Cash at bank and in hand | 54/58 | €6,048 | €19,688 | +€13,641 | +226% |
| Total equity and liabilities | 10/49 | €425,972 | €425,794 | -€178 | 0.0% |
| Equity | 10/15 | €286,001 | €332,193 | +€46,193 | +16.2% |
| Contributions | 10/11 | €9,296 | €9,296 | = | 0.0% |
| Reserves | 13 | €276,705 | €322,897 | +€46,193 | +16.7% |
| Distributable reserves | 133 | €276,705 | €322,897 | +€46,193 | +16.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €139,971 | €93,600 | -€46,371 | -33.1% |
| Amounts payable after more than one year | 17 | €54,000 | €43,200 | -€10,800 | -20.0% |
| Financial debts | 170/4 | €54,000 | €43,200 | -€10,800 | -20.0% |
| Amounts payable within one year | 42/48 | €85,971 | €50,400 | -€35,571 | -41.4% |
| Current portion of amounts payable after more than one year | 42 | €10,800 | €10,800 | = | 0.0% |
| Trade debts | 44 | €6,353 | €10,141 | +€3,789 | +59.6% |
| Suppliers | 440/4 | €6,353 | €10,141 | +€3,789 | +59.6% |
| Taxes, remuneration and social security | 45 | €17,427 | €12,267 | -€5,160 | -29.6% |
| Taxes | 450/3 | €17,427 | €12,267 | -€5,160 | -29.6% |
| Other amounts payable | 47/48 | €51,392 | €17,192 | -€34,200 | -66.5% |
| Other operating charges | 640/8 | €512 | €553 | +€41 | +8.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €44,651 | €64,194 | +€19,543 | +43.8% |
| Operating profit (loss) | 9901 | €44,138 | €63,641 | +€19,503 | +44.2% |
| Financial income | 75/76B | €0 | €245 | +€245 | |
| Recurring financial income | 75 | €0 | €245 | +€245 | |
| Financial charges | 65/66B | €329 | €255 | -€74 | -22.4% |
| Recurring financial charges | 65 | €329 | €255 | -€74 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | €43,809 | €63,630 | +€19,821 | +45.2% |
| Income taxes | 67/77 | €6,773 | €17,437 | +€10,664 | +157% |
| Profit (loss) for the period | 9904 | €37,037 | €46,193 | +€9,156 | +24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €37,037 | €46,193 | +€9,156 | +24.7% |
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 23 October 2026 via checked.be.