IMMO DOVAN: 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 DOVAN
Largest movements
- Cash +€8,957
up €8,957 (+31.5%), from €28,412 to €37,369
mainly Depreciation (+€12,507) and Net result for the year (+€6,613)
- Tangible fixed assets -€8,507
down €8,507 (-4.5%), from €191,119 to €182,613
- Receivables within one year -€6,121
down €6,121 (-94.0%), from €6,514 to €393
of which Trade receivables: -€5,618
- Debts after one year -€8,145
down €8,145 (-60.5%), from €13,470 to €5,324
of which Financial debts: -€6,675
- Profit (loss) carried forward +€6,613
up €6,613 (+4.5%), from -€146,586 to -€139,972
- Other debts -€5,000
down €5,000 (-11.0%), from €45,516 to €40,516
- Gross operating margin -€7,301
down €7,301 (-21.3%), from €34,289 to €26,988
- Other operating charges +€4,526
up €4,526 (+183.2%), from €2,470 to €6,995
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 | €226,045 | €220,375 | -€5,670 | -2.5% |
| Fixed assets | 21/28 | €191,119 | €182,613 | -€8,507 | -4.5% |
| Tangible fixed assets | 22/27 | €191,119 | €182,613 | -€8,507 | -4.5% |
| Land and buildings | 22 | €191,119 | €182,613 | -€8,507 | -4.5% |
| Current assets | 29/58 | €34,926 | €37,762 | +€2,836 | +8.1% |
| Amounts receivable within one year | 40/41 | €6,514 | €393 | -€6,121 | -94.0% |
| Trade receivables | 40 | €5,769 | €151 | -€5,618 | -97.4% |
| Other amounts receivable | 41 | €744 | €242 | -€503 | -67.5% |
| Cash at bank and in hand | 54/58 | €28,412 | €37,369 | +€8,957 | +31.5% |
| Total equity and liabilities | 10/49 | €226,045 | €220,375 | -€5,670 | -2.5% |
| Equity | 10/15 | €160,496 | €167,109 | +€6,613 | +4.1% |
| Contributions | 10/11 | €168,592 | €168,592 | = | 0.0% |
| Revaluation surpluses | 12 | €138,489 | €138,489 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€146,586 | -€139,972 | +€6,613 | +4.5% |
| Amounts payable | 17/49 | €65,549 | €53,266 | -€12,284 | -18.7% |
| Amounts payable after more than one year | 17 | €13,470 | €5,324 | -€8,145 | -60.5% |
| Financial debts | 170/4 | €8,270 | €1,594 | -€6,675 | -80.7% |
| Other amounts payable | 178/9 | €5,200 | €3,730 | -€1,470 | -28.3% |
| Amounts payable within one year | 42/48 | €52,080 | €47,941 | -€4,138 | -7.9% |
| Current portion of amounts payable after more than one year | 42 | €6,458 | €6,725 | +€267 | +4.1% |
| Trade debts | 44 | €106 | €701 | +€595 | +560.5% |
| Suppliers | 440/4 | €106 | €701 | +€595 | +560.5% |
| Other amounts payable | 47/48 | €45,516 | €40,516 | -€5,000 | -11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,506 | €12,507 | +€0 | 0.0% |
| Other operating charges | 640/8 | €2,470 | €6,995 | +€4,526 | +183.2% |
| Gross operating margin | 9900 | €34,289 | €26,988 | -€7,301 | -21.3% |
| Operating profit (loss) | 9901 | €19,312 | €7,485 | -€11,827 | -61.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €773 | €872 | +€99 | +12.8% |
| Recurring financial charges | 65 | €773 | €872 | +€99 | +12.8% |
| Profit (loss) for the period before taxes | 9903 | €18,540 | €6,613 | -€11,926 | -64.3% |
| Profit (loss) for the period | 9904 | €18,540 | €6,613 | -€11,926 | -64.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,540 | €6,613 | -€11,926 | -64.3% |
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 2 October 2026 via checked.be.