IMMO - DUMBO: 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 - DUMBO
Largest movements
- Receivables within one year +€255,525
up €255,525 (+8517.5%), from €3,000 to €258,525
of which Other amounts receivable: +€254,074
- Cash -€103,923
down €103,923 (-69.8%), from €148,884 to €44,962
- Deferred charges and accrued income +€20,056
new in 2025: €20,056
- Profit (loss) carried forward +€123,539
up €123,539, from -€122,804 to €735
- Other debts +€97,000
up €97,000, from €0 to €97,000
- Tax, wage and social debts -€30,807
down €30,807 (-52.4%), from €58,807 to €28,000
- Trade debts -€22,424
down €22,424 (-93.9%), from €23,875 to €1,451
- Gross operating margin +€75,013
up €75,013 (+30.7%), from €244,095 to €319,108
- Taxes -€35,840
down €35,840 (-31.5%), from €113,840 to €78,000
- Financial income +€6,289
new in 2025: €6,289
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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,345,451 | €1,515,260 | +€169,809 | +12.6% |
| Fixed assets | 21/28 | €1,193,567 | €1,191,717 | -€1,850 | -0.2% |
| Tangible fixed assets | 22/27 | €1,193,567 | €1,191,717 | -€1,850 | -0.2% |
| Land and buildings | 22 | €1,193,567 | €1,191,717 | -€1,850 | -0.2% |
| Current assets | 29/58 | €151,884 | €323,542 | +€171,658 | +113.0% |
| Amounts receivable within one year | 40/41 | €3,000 | €258,525 | +€255,525 | +8517.5% |
| Trade receivables | 40 | €0 | €1,451 | +€1,451 | |
| Other amounts receivable | 41 | €3,000 | €257,074 | +€254,074 | +8469.1% |
| Cash at bank and in hand | 54/58 | €148,884 | €44,962 | -€103,923 | -69.8% |
| Deferred charges and accrued income | 490/1 | - | €20,056 | +€20,056 | |
| Total equity and liabilities | 10/49 | €1,345,451 | €1,515,260 | +€169,809 | +12.6% |
| Equity | 10/15 | €1,262,770 | €1,386,309 | +€123,539 | +9.8% |
| Contributions | 10/11 | €273,922 | €273,922 | = | 0.0% |
| Capital | 10 | €116,510 | €116,510 | = | 0.0% |
| Issued capital | 100 | €116,510 | €116,510 | = | 0.0% |
| Outside capital | 11 | €157,412 | €157,412 | = | 0.0% |
| Share premium | 1100/10 | €157,412 | €157,412 | = | 0.0% |
| Revaluation surpluses | 12 | €1,100,000 | €1,100,000 | = | 0.0% |
| Reserves | 13 | €11,651 | €11,651 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,651 | €11,651 | = | 0.0% |
| Legal reserve | 130 | €11,651 | €11,651 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€122,804 | €735 | +€123,539 | |
| Amounts payable | 17/49 | €82,682 | €128,951 | +€46,270 | +56.0% |
| Amounts payable within one year | 42/48 | €82,682 | €126,451 | +€43,770 | +52.9% |
| Trade debts | 44 | €23,875 | €1,451 | -€22,424 | -93.9% |
| Suppliers | 440/4 | €23,875 | €1,451 | -€22,424 | -93.9% |
| Taxes, remuneration and social security | 45 | €58,807 | €28,000 | -€30,807 | -52.4% |
| Taxes | 450/3 | €58,807 | €28,000 | -€30,807 | -52.4% |
| Other amounts payable | 47/48 | €0 | €97,000 | +€97,000 | |
| Accrued charges and deferred income | 492/3 | - | €2,500 | +€2,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109 | €1,850 | +€1,740 | +1592.4% |
| Other operating charges | 640/8 | €24,015 | €24,898 | +€883 | +3.7% |
| Gross operating margin | 9900 | €244,095 | €319,108 | +€75,013 | +30.7% |
| Operating profit (loss) | 9901 | €219,970 | €292,360 | +€72,390 | +32.9% |
| Financial income | 75/76B | - | €6,289 | +€6,289 | |
| Recurring financial income | 75 | - | €6,289 | +€6,289 | |
| Financial charges | 65/66B | €80 | €110 | +€30 | +37.6% |
| Recurring financial charges | 65 | €80 | €110 | +€30 | +37.6% |
| Profit (loss) for the period before taxes | 9903 | €219,890 | €298,539 | +€78,649 | +35.8% |
| Income taxes | 67/77 | €113,840 | €78,000 | -€35,840 | -31.5% |
| Profit (loss) for the period | 9904 | €106,050 | €220,539 | +€114,489 | +108.0% |
| Profit (loss) for the period to be appropriated | 9905 | €106,050 | €220,539 | +€114,489 | +108.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 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.