IMMO DUBOIS: 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 DUBOIS
Largest movements
- Tangible fixed assets -€106,275
down €106,275 (-4.3%), from €2.5m to €2.4m
of which Land and buildings: -€106,275
- Cash +€101,406
up €101,406 (+44.2%), from €229,362 to €330,769
mainly Net result for the year (+€126,861) and Depreciation (+€118,770)
- Profit (loss) carried forward +€137,506
up €137,506 (+6.1%), from €2.2m to €2.4m
- Other debts -€124,179
down €124,179 (-31.2%), from €397,880 to €273,701
- Debts after one year -€34,913
down €34,913 (-25.0%), from €139,406 to €104,492
- Gross operating margin -€37,631
down €37,631 (-10.3%), from €366,978 to €329,348
- Financial income +€17,478
up €17,478, from €0 to €17,478
- Other operating charges -€9,549
down €9,549 (-34.7%), from €27,519 to €17,970
- Financial charges -€8,988
down €8,988 (-33.6%), from €26,741 to €17,754
- Depreciation +€3,740
up €3,740 (+3.3%), from €115,030 to €118,770
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 | €3,432,673 | €3,410,670 | -€22,003 | -0.6% |
| Fixed assets | 21/28 | €2,495,306 | €2,389,031 | -€106,275 | -4.3% |
| Tangible fixed assets | 22/27 | €2,495,306 | €2,389,031 | -€106,275 | -4.3% |
| Land and buildings | 22 | €2,485,389 | €2,379,114 | -€106,275 | -4.3% |
| Other tangible fixed assets | 26 | €9,917 | €9,917 | = | 0.0% |
| Current assets | 29/58 | €937,368 | €1,021,639 | +€84,271 | +9.0% |
| Amounts receivable within one year | 40/41 | €707,664 | €688,394 | -€19,270 | -2.7% |
| Trade receivables | 40 | €150,000 | €0 | -€150,000 | -100% |
| Other amounts receivable | 41 | €557,664 | €688,394 | +€130,730 | +23.4% |
| Cash at bank and in hand | 54/58 | €229,362 | €330,769 | +€101,406 | +44.2% |
| Deferred charges and accrued income | 490/1 | €342 | €2,477 | +€2,135 | +625% |
| Total equity and liabilities | 10/49 | €3,432,673 | €3,410,670 | -€22,003 | -0.6% |
| Equity | 10/15 | €2,679,489 | €2,806,350 | +€126,861 | +4.7% |
| Contributions | 10/11 | €130,947 | €130,947 | = | 0.0% |
| Capital | 10 | €130,947 | €130,947 | = | 0.0% |
| Issued capital | 100 | €130,947 | €130,947 | = | 0.0% |
| Reserves | 13 | €299,742 | €289,096 | -€10,646 | -3.6% |
| Non-distributable reserves | 130/1 | €13,095 | €13,095 | = | 0.0% |
| Legal reserve | 130 | €13,095 | €13,095 | = | 0.0% |
| Tax-exempt reserves | 132 | €279,967 | €269,321 | -€10,646 | -3.8% |
| Distributable reserves | 133 | €6,680 | €6,680 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,248,800 | €2,386,306 | +€137,506 | +6.1% |
| Provisions and deferred taxes | 16 | €93,323 | €89,774 | -€3,549 | -3.8% |
| Deferred taxes | 168 | €93,323 | €89,774 | -€3,549 | -3.8% |
| Amounts payable | 17/49 | €659,862 | €514,547 | -€145,315 | -22.0% |
| Amounts payable after more than one year | 17 | €139,406 | €104,492 | -€34,913 | -25.0% |
| Financial debts | 170/4 | €139,406 | €104,492 | -€34,913 | -25.0% |
| Amounts payable within one year | 42/48 | €502,821 | €395,895 | -€106,926 | -21.3% |
| Current portion of amounts payable after more than one year | 42 | €34,722 | €34,913 | +€191 | +0.5% |
| Trade debts | 44 | €8,721 | €926 | -€7,795 | -89.4% |
| Suppliers | 440/4 | €8,721 | €926 | -€7,795 | -89.4% |
| Taxes, remuneration and social security | 45 | €61,498 | €86,355 | +€24,857 | +40.4% |
| Taxes | 450/3 | €61,498 | €86,355 | +€24,857 | +40.4% |
| Other amounts payable | 47/48 | €397,880 | €273,701 | -€124,179 | -31.2% |
| Accrued charges and deferred income | 492/3 | €17,635 | €14,159 | -€3,475 | -19.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115,030 | €118,770 | +€3,740 | +3.3% |
| Other operating charges | 640/8 | €27,519 | €17,970 | -€9,549 | -34.7% |
| Gross operating margin | 9900 | €366,978 | €329,348 | -€37,631 | -10.3% |
| Operating profit (loss) | 9901 | €224,429 | €192,608 | -€31,821 | -14.2% |
| Financial income | 75/76B | €0 | €17,478 | +€17,478 | |
| Recurring financial income | 75 | €0 | €17,478 | +€17,478 | |
| Financial charges | 65/66B | €26,741 | €17,754 | -€8,988 | -33.6% |
| Recurring financial charges | 65 | €26,741 | €17,754 | -€8,988 | -33.6% |
| Profit (loss) for the period before taxes | 9903 | €197,688 | €192,333 | -€5,355 | -2.7% |
| Transfer from deferred taxes | 780 | €3,549 | €3,549 | = | 0.0% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €70,828 | €69,020 | -€1,808 | -2.6% |
| Profit (loss) for the period | 9904 | €130,408 | €126,861 | -€3,548 | -2.7% |
| Transfer from tax-exempt reserves | 789 | €10,646 | €10,646 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €141,054 | €137,506 | -€3,548 | -2.5% |
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 30 October 2026 via checked.be.