IMMO TILMANS-DECKERS: 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 TILMANS-DECKERS
Largest movements
- Receivables within one year -€13,632
down €13,632 (-14.3%), from €95,518 to €81,885
- Tangible fixed assets -€11,285
down €11,285 (-6.4%), from €174,972 to €163,687
of which Land and buildings: -€8,469
- Debts after one year -€13,535
down €13,535 (-12.9%), from €104,947 to €91,412
- Other debts -€6,378
down €6,378 (-6.2%), from €103,656 to €97,279
- Tax, wage and social debts -€6,238
down €6,238 (-33.7%), from €18,496 to €12,258
of which Taxes: -€6,238
- Gross operating margin -€15,287
down €15,287 (-42.3%), from €36,129 to €20,842
- Taxes -€4,152
down €4,152 (-72.5%), from €5,726 to €1,575
- Other operating charges -€699
down €699 (-18.5%), from €3,780 to €3,081
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 | €271,763 | €247,905 | -€23,857 | -8.8% |
| Fixed assets | 21/28 | €174,972 | €163,687 | -€11,285 | -6.4% |
| Tangible fixed assets | 22/27 | €174,972 | €163,687 | -€11,285 | -6.4% |
| Land and buildings | 22 | €152,443 | €143,974 | -€8,469 | -5.6% |
| Plant, machinery and equipment | 23 | €22,530 | €19,713 | -€2,816 | -12.5% |
| Current assets | 29/58 | €96,790 | €84,218 | -€12,572 | -13.0% |
| Amounts receivable within one year | 40/41 | €95,518 | €81,885 | -€13,632 | -14.3% |
| Trade receivables | 40 | €95,518 | €81,885 | -€13,632 | -14.3% |
| Cash at bank and in hand | 54/58 | €381 | €1,388 | +€1,007 | +264% |
| Deferred charges and accrued income | 490/1 | €892 | €945 | +€53 | +6.0% |
| Total equity and liabilities | 10/49 | €271,763 | €247,905 | -€23,857 | -8.8% |
| Equity | 10/15 | €28,361 | €30,320 | +€1,958 | +6.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €22,161 | €24,120 | +€1,958 | +8.8% |
| Distributable reserves | 133 | €22,161 | €24,120 | +€1,958 | +8.8% |
| Amounts payable | 17/49 | €243,401 | €217,586 | -€25,816 | -10.6% |
| Amounts payable after more than one year | 17 | €104,947 | €91,412 | -€13,535 | -12.9% |
| Financial debts | 170/4 | €104,947 | €91,412 | -€13,535 | -12.9% |
| Amounts payable within one year | 42/48 | €135,352 | €123,072 | -€12,280 | -9.1% |
| Current portion of amounts payable after more than one year | 42 | €13,200 | €13,535 | +€335 | +2.5% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €18,496 | €12,258 | -€6,238 | -33.7% |
| Taxes | 450/3 | €15,996 | €9,758 | -€6,238 | -39.0% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €103,656 | €97,279 | -€6,378 | -6.2% |
| Accrued charges and deferred income | 492/3 | €3,102 | €3,102 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,285 | €11,285 | = | 0.0% |
| Other operating charges | 640/8 | €3,780 | €3,081 | -€699 | -18.5% |
| Gross operating margin | 9900 | €36,129 | €20,842 | -€15,287 | -42.3% |
| Operating profit (loss) | 9901 | €21,064 | €6,476 | -€14,588 | -69.3% |
| Financial charges | 65/66B | €3,206 | €2,943 | -€264 | -8.2% |
| Recurring financial charges | 65 | €3,206 | €2,943 | -€264 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €17,858 | €3,533 | -€14,325 | -80.2% |
| Income taxes | 67/77 | €5,726 | €1,575 | -€4,152 | -72.5% |
| Profit (loss) for the period | 9904 | €12,132 | €1,958 | -€10,173 | -83.9% |
| Profit (loss) for the period to be appropriated | 9905 | €12,132 | €1,958 | -€10,173 | -83.9% |
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 27 October 2026 via checked.be.