IMMO DSL 2: 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 DSL 2
Largest movements
- Tangible fixed assets -€6,521
down €6,521 (-6.9%), from €94,245 to €87,724
- Receivables within one year -€1,758
down €1,758 (-29.8%), from €5,893 to €4,134
- Cash +€1,756
up €1,756 (+24.8%), from €7,093 to €8,849
mainly Depreciation (+€6,521) and Net result for the year (+€5,069)
- Debts after one year -€12,500
down €12,500 (-62.5%), from €20,000 to €7,500
- Reserves +€5,069
up €5,069 (+16.8%), from €30,210 to €35,279
of which Non-distributable reserves: +€5,069
- Gross operating margin +€1,139
up €1,139 (+6.9%), from €16,539 to €17,678
- Taxes +€736
up €736 (+51.2%), from €1,437 to €2,173
- Financial charges -€694
down €694 (-42.5%), from €1,633 to €938
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 | €107,231 | €100,708 | -€6,523 | -6.1% |
| Fixed assets | 21/28 | €94,245 | €87,724 | -€6,521 | -6.9% |
| Tangible fixed assets | 22/27 | €94,245 | €87,724 | -€6,521 | -6.9% |
| Land and buildings | 22 | €94,245 | €87,724 | -€6,521 | -6.9% |
| Current assets | 29/58 | €12,986 | €12,984 | -€2 | 0.0% |
| Amounts receivable within one year | 40/41 | €5,893 | €4,134 | -€1,758 | -29.8% |
| Other amounts receivable | 41 | €5,893 | €4,134 | -€1,758 | -29.8% |
| Cash at bank and in hand | 54/58 | €7,093 | €8,849 | +€1,756 | +24.8% |
| Total equity and liabilities | 10/49 | €107,231 | €100,708 | -€6,523 | -6.1% |
| Equity | 10/15 | €69,453 | €74,522 | +€5,069 | +7.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €30,210 | €35,279 | +€5,069 | +16.8% |
| Non-distributable reserves | 130/1 | €28,350 | €33,419 | +€5,069 | +17.9% |
| Other | 1319 | €28,350 | €33,419 | +€5,069 | +17.9% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,643 | €20,643 | = | 0.0% |
| Amounts payable | 17/49 | €37,778 | €26,186 | -€11,592 | -30.7% |
| Amounts payable after more than one year | 17 | €20,000 | €7,500 | -€12,500 | -62.5% |
| Financial debts | 170/4 | €20,000 | €7,500 | -€12,500 | -62.5% |
| Amounts payable within one year | 42/48 | €292 | €292 | = | 0.0% |
| Trade debts | 44 | €292 | €292 | = | 0.0% |
| Suppliers | 440/4 | €292 | €292 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €17,485 | €18,394 | +€908 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,521 | €6,521 | = | 0.0% |
| Other operating charges | 640/8 | €2,886 | €2,977 | +€91 | +3.1% |
| Gross operating margin | 9900 | €16,539 | €17,678 | +€1,139 | +6.9% |
| Operating profit (loss) | 9901 | €7,132 | €8,180 | +€1,048 | +14.7% |
| Financial charges | 65/66B | €1,633 | €938 | -€694 | -42.5% |
| Recurring financial charges | 65 | €1,633 | €938 | -€694 | -42.5% |
| Profit (loss) for the period before taxes | 9903 | €5,500 | €7,242 | +€1,742 | +31.7% |
| Income taxes | 67/77 | €1,437 | €2,173 | +€736 | +51.2% |
| Profit (loss) for the period | 9904 | €4,063 | €5,069 | +€1,006 | +24.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,063 | €5,069 | +€1,006 | +24.8% |
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 26 October 2026 via checked.be.