IMMO TER DOEL: 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 TER DOEL
Largest movements
- Tangible fixed assets -€14,528
down €14,528 (-20.4%), from €71,065 to €56,537
of which Land and buildings: -€12,913
- Cash -€5,240
down €5,240 (-1.4%), from €371,135 to €365,895
mainly Other debts (-€25,616) and Receivables within one year (-€1,147)
- Other debts -€25,616
down €25,616 (-100%), from €25,616 to €0
- Depreciation -€9,961
down €9,961 (-40.7%), from €24,489 to €14,528
- Other operating charges -€3,566
down €3,566 (-49.0%), from €7,272 to €3,706
- Gross operating margin -€3,382
down €3,382 (-14.9%), from €22,694 to €19,312
- Financial income +€2,615
up €2,615 (+337%), from €777 to €3,391
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 | €443,752 | €425,144 | -€18,608 | -4.2% |
| Fixed assets | 21/28 | €71,065 | €56,537 | -€14,528 | -20.4% |
| Tangible fixed assets | 22/27 | €71,065 | €56,537 | -€14,528 | -20.4% |
| Land and buildings | 22 | €65,616 | €52,703 | -€12,913 | -19.7% |
| Plant, machinery and equipment | 23 | €5,449 | €3,834 | -€1,615 | -29.6% |
| Current assets | 29/58 | €372,688 | €368,608 | -€4,080 | -1.1% |
| Amounts receivable within one year | 40/41 | €233 | €1,380 | +€1,147 | +493% |
| Other amounts receivable | 41 | €233 | €1,380 | +€1,147 | +493% |
| Cash at bank and in hand | 54/58 | €371,135 | €365,895 | -€5,240 | -1.4% |
| Deferred charges and accrued income | 490/1 | €1,320 | €1,332 | +€13 | +1.0% |
| Total equity and liabilities | 10/49 | €443,752 | €425,144 | -€18,608 | -4.2% |
| Equity | 10/15 | €418,136 | €422,476 | +€4,341 | +1.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €399,544 | €403,884 | +€4,341 | +1.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €399,544 | €403,884 | +€4,341 | +1.1% |
| Amounts payable | 17/49 | €25,616 | €2,668 | -€22,948 | -89.6% |
| Amounts payable within one year | 42/48 | €25,616 | €1,338 | -€24,278 | -94.8% |
| Trade debts | 44 | - | €1,338 | +€1,338 | |
| Suppliers | 440/4 | - | €1,338 | +€1,338 | |
| Other amounts payable | 47/48 | €25,616 | €0 | -€25,616 | -100% |
| Accrued charges and deferred income | 492/3 | - | €1,330 | +€1,330 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,489 | €14,528 | -€9,961 | -40.7% |
| Other operating charges | 640/8 | €7,272 | €3,706 | -€3,566 | -49.0% |
| Gross operating margin | 9900 | €22,694 | €19,312 | -€3,382 | -14.9% |
| Operating profit (loss) | 9901 | -€9,067 | €1,078 | +€10,145 | |
| Financial income | 75/76B | €777 | €3,391 | +€2,615 | +337% |
| Recurring financial income | 75 | €777 | €3,391 | +€2,615 | +337% |
| Financial charges | 65/66B | €199 | €129 | -€70 | -35.2% |
| Recurring financial charges | 65 | €199 | €129 | -€70 | -35.2% |
| Profit (loss) for the period before taxes | 9903 | -€8,490 | €4,341 | +€12,830 | |
| Profit (loss) for the period | 9904 | -€8,490 | €4,341 | +€12,830 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,490 | €4,341 | +€12,830 |
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 14 October 2026 via checked.be.