IMMOBEHEER DUERLOO: 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.
IMMOBEHEER DUERLOO
Largest movements
- Stocks and contracts -€1.1m
down €1.1m (-78.7%), from €1.4m to €292,938
- Tangible fixed assets +€749,299
up €749,299 (+37.1%), from €2.0m to €2.8m
of which Land and buildings: +€748,883
- Receivables within one year +€73,433
up €73,433 (+7,312%), from €1,004 to €74,438
of which Other amounts receivable: +€70,049
- Debts after one year -€296,700
down €296,700 (-10.7%), from €2.8m to €2.5m
of which Financial debts: -€247,452
- Tax, wage and social debts +€90,123
up €90,123 (+1,311%), from €6,874 to €96,997
of which Taxes: +€88,243
- Trade debts -€88,801
down €88,801 (-85.0%), from €104,431 to €15,630
- Gross operating margin -€21,589
down €21,589 (-8.7%), from €247,950 to €226,362
- Financial charges -€21,003
down €21,003 (-27.4%), from €76,786 to €55,783
- Depreciation +€16,428
up €16,428 (+33.4%), from €49,245 to €65,673
- Other operating charges +€8,570
up €8,570 (+62.8%), from €13,648 to €22,218
- Staff costs +€3,036
up €3,036 (+6.2%), from €48,749 to €51,784
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 | €3,442,391 | €3,170,554 | -€271,837 | -7.9% |
| Fixed assets | 21/28 | €2,027,869 | €2,777,169 | +€749,299 | +37.0% |
| Tangible fixed assets | 22/27 | €2,017,740 | €2,767,039 | +€749,299 | +37.1% |
| Land and buildings | 22 | €2,014,566 | €2,763,448 | +€748,883 | +37.2% |
| Plant, machinery and equipment | 23 | €1,093 | €546 | -€547 | -50.0% |
| Other tangible fixed assets | 26 | €2,081 | €3,045 | +€963 | +46.3% |
| Financial fixed assets | 28 | €10,129 | €10,129 | = | 0.0% |
| Current assets | 29/58 | €1,414,522 | €393,385 | -€1.0m | -72.2% |
| Stocks and contracts in progress | 3 | €1,375,535 | €292,938 | -€1.1m | -78.7% |
| Stocks | 30/36 | €1,375,535 | €292,938 | -€1.1m | -78.7% |
| Amounts receivable within one year | 40/41 | €1,004 | €74,438 | +€73,433 | +7,312% |
| Trade receivables | 40 | €571 | €3,956 | +€3,385 | +593% |
| Other amounts receivable | 41 | €433 | €70,482 | +€70,049 | +16,166% |
| Cash at bank and in hand | 54/58 | €34,986 | €24,157 | -€10,829 | -31.0% |
| Deferred charges and accrued income | 490/1 | €2,996 | €1,853 | -€1,143 | -38.2% |
| Total equity and liabilities | 10/49 | €3,442,391 | €3,170,554 | -€271,837 | -7.9% |
| Equity | 10/15 | €400,426 | €431,148 | +€30,722 | +7.7% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Revaluation surpluses | 12 | €699,454 | €699,454 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€361,002 | -€330,280 | +€30,722 | +8.5% |
| Amounts payable | 17/49 | €3,041,966 | €2,739,406 | -€302,559 | -9.9% |
| Amounts payable after more than one year | 17 | €2,777,433 | €2,480,733 | -€296,700 | -10.7% |
| Financial debts | 170/4 | €2,039,534 | €1,792,082 | -€247,452 | -12.1% |
| Other amounts payable | 178/9 | €737,899 | €688,650 | -€49,248 | -6.7% |
| Amounts payable within one year | 42/48 | €239,555 | €243,992 | +€4,437 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €90,973 | €93,002 | +€2,029 | +2.2% |
| Trade debts | 44 | €104,431 | €15,630 | -€88,801 | -85.0% |
| Suppliers | 440/4 | €104,431 | €15,630 | -€88,801 | -85.0% |
| Taxes, remuneration and social security | 45 | €6,874 | €96,997 | +€90,123 | +1,311% |
| Taxes | 450/3 | €5,958 | €94,200 | +€88,243 | +1,481% |
| Remuneration and social security | 454/9 | €917 | €2,797 | +€1,881 | +205% |
| Other amounts payable | 47/48 | €37,277 | €38,362 | +€1,086 | +2.9% |
| Accrued charges and deferred income | 492/3 | €24,978 | €14,682 | -€10,296 | -41.2% |
| Remuneration, social security and pensions | 62 | €48,749 | €51,784 | +€3,036 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,245 | €65,673 | +€16,428 | +33.4% |
| Other operating charges | 640/8 | €13,648 | €22,218 | +€8,570 | +62.8% |
| Gross operating margin | 9900 | €247,950 | €226,362 | -€21,589 | -8.7% |
| Operating profit (loss) | 9901 | €136,309 | €86,687 | -€49,622 | -36.4% |
| Financial income | 75/76B | €67 | €1 | -€66 | -98.5% |
| Recurring financial income | 75 | €67 | €1 | -€66 | -98.5% |
| Financial charges | 65/66B | €76,786 | €55,783 | -€21,003 | -27.4% |
| Recurring financial charges | 65 | €76,786 | €55,783 | -€21,003 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | €59,589 | €30,905 | -€28,685 | -48.1% |
| Income taxes | 67/77 | €344 | €183 | -€161 | -46.9% |
| Profit (loss) for the period | 9904 | €59,245 | €30,722 | -€28,523 | -48.1% |
| Profit (loss) for the period to be appropriated | 9905 | €59,245 | €30,722 | -€28,523 | -48.1% |
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.