IMMO - DUTZ: 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 - DUTZ
Largest movements
- Cash +€178,756
up €178,756 (+427.8%), from €41,783 to €220,539
mainly Net result for the year (+€138,978) and Depreciation (+€57,146)
- Tangible fixed assets -€95,260
down €95,260 (-16.1%), from €590,168 to €494,907
- Receivables within one year +€29,997
up €29,997 (+5.3%), from €565,521 to €595,518
- Profit (loss) carried forward +€181,837
up €181,837, from -€22,100 to €159,737
- Reserves -€42,860
down €42,860 (-7.6%), from €566,402 to €523,542
- Trade debts -€26,693
down €26,693 (-16.4%), from €162,873 to €136,180
- Tax, wage and social debts +€15,495
up €15,495 (+101.2%), from €15,312 to €30,807
- Provisions -€14,287
down €14,287 (-7.6%), from €188,801 to €174,514
- Gross operating margin +€229,340
up €229,340 (+2119.8%), from €10,819 to €240,159
- Taxes +€38,957
new in 2025: €38,957
- Depreciation +€18,172
up €18,172 (+46.6%), from €38,975 to €57,146
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 | €1,197,491 | €1,310,984 | +€113,493 | +9.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €590,187 | €494,927 | -€95,260 | -16.1% |
| Tangible fixed assets | 22/27 | €590,168 | €494,907 | -€95,260 | -16.1% |
| Land and buildings | 22 | €590,168 | €494,907 | -€95,260 | -16.1% |
| Financial fixed assets | 28 | €20 | €20 | = | 0.0% |
| Current assets | 29/58 | €607,304 | €816,057 | +€208,753 | +34.4% |
| Amounts receivable within one year | 40/41 | €565,521 | €595,518 | +€29,997 | +5.3% |
| Other amounts receivable | 41 | €565,521 | €595,518 | +€29,997 | +5.3% |
| Cash at bank and in hand | 54/58 | €41,783 | €220,539 | +€178,756 | +427.8% |
| Total equity and liabilities | 10/49 | €1,197,491 | €1,310,984 | +€113,493 | +9.5% |
| Equity | 10/15 | €644,302 | €783,280 | +€138,978 | +21.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €566,402 | €523,542 | -€42,860 | -7.6% |
| Tax-exempt reserves | 132 | €566,402 | €523,542 | -€42,860 | -7.6% |
| Profit (loss) carried forward | 14 | -€22,100 | €159,737 | +€181,837 | |
| Provisions and deferred taxes | 16 | €188,801 | €174,514 | -€14,287 | -7.6% |
| Deferred taxes | 168 | €188,801 | €174,514 | -€14,287 | -7.6% |
| Amounts payable | 17/49 | €364,388 | €353,190 | -€11,198 | -3.1% |
| Amounts payable within one year | 42/48 | €364,388 | €353,190 | -€11,198 | -3.1% |
| Trade debts | 44 | €162,873 | €136,180 | -€26,693 | -16.4% |
| Suppliers | 440/4 | €162,873 | €136,180 | -€26,693 | -16.4% |
| Advances received on contracts in progress | 46 | €93,714 | €93,714 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €15,312 | €30,807 | +€15,495 | +101.2% |
| Taxes | 450/3 | €15,312 | €30,807 | +€15,495 | +101.2% |
| Other amounts payable | 47/48 | €92,489 | €92,489 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,975 | €57,146 | +€18,172 | +46.6% |
| Other operating charges | 640/8 | €18,258 | €19,234 | +€976 | +5.3% |
| Gross operating margin | 9900 | €10,819 | €240,159 | +€229,340 | +2119.8% |
| Operating profit (loss) | 9901 | -€46,414 | €163,778 | +€210,192 | |
| Financial charges | 65/66B | €42 | €130 | +€88 | +209.4% |
| Recurring financial charges | 65 | €42 | €130 | +€88 | +209.4% |
| Profit (loss) for the period before taxes | 9903 | -€46,456 | €163,648 | +€210,104 | |
| Transfer from deferred taxes | 780 | €9,744 | €14,287 | +€4,543 | +46.6% |
| Income taxes | 67/77 | - | €38,957 | +€38,957 | |
| Profit (loss) for the period | 9904 | -€36,712 | €138,978 | +€175,690 | |
| Transfer from tax-exempt reserves | 789 | €29,231 | €42,860 | +€13,629 | +46.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,481 | €181,837 | +€189,319 |
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 11 October 2026 via checked.be.