ImmoDG: 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.
ImmoDG
Largest movements
- Cash +€23,156
up €23,156 (+3415.3%), from €678 to €23,834
mainly Debts after one year (+€84,931) and Depreciation (+€17,433)
- Tangible fixed assets -€14,359
down €14,359 (-3.9%), from €365,643 to €351,284
- Other debts -€86,825
down €86,825 (-60.2%), from €144,157 to €57,332
- Debts after one year +€84,931
up €84,931, from €0 to €84,931
- Profit (loss) carried forward +€27,626
no longer reported in 2025 (was -€27,626)
- Reserves -€16,307
down €16,307 (-9.2%), from €176,823 to €160,516
of which Distributable reserves: -€12,027
- Financial income -€48,652
no longer reported in 2025 (was €48,652)
- Gross operating margin +€21,435
up €21,435 (+174.6%), from €12,276 to €33,711
- Depreciation +€8,589
up €8,589 (+97.1%), from €8,844 to €17,433
- Financial charges +€2,737
up €2,737 (+903.6%), from €303 to €3,040
- Other operating charges +€1,747
up €1,747 (+109.3%), from €1,598 to €3,345
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 | €366,393 | €375,118 | +€8,724 | +2.4% |
| Fixed assets | 21/28 | €365,643 | €351,284 | -€14,359 | -3.9% |
| Tangible fixed assets | 22/27 | €365,643 | €351,284 | -€14,359 | -3.9% |
| Land and buildings | 22 | €365,643 | €351,284 | -€14,359 | -3.9% |
| Current assets | 29/58 | €750 | €23,834 | +€23,083 | +3076.7% |
| Cash at bank and in hand | 54/58 | €678 | €23,834 | +€23,156 | +3415.3% |
| Deferred charges and accrued income | 490/1 | €72 | - | -€72 | |
| Total equity and liabilities | 10/49 | €366,393 | €375,118 | +€8,724 | +2.4% |
| Equity | 10/15 | €167,797 | €179,116 | +€11,319 | +6.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €176,823 | €160,516 | -€16,307 | -9.2% |
| Tax-exempt reserves | 132 | €128,363 | €124,083 | -€4,280 | -3.3% |
| Distributable reserves | 133 | €48,460 | €36,433 | -€12,027 | -24.8% |
| Profit (loss) carried forward | 14 | -€27,626 | - | +€27,626 | |
| Provisions and deferred taxes | 16 | €42,788 | €41,361 | -€1,427 | -3.3% |
| Deferred taxes | 168 | €42,788 | €41,361 | -€1,427 | -3.3% |
| Amounts payable | 17/49 | €155,809 | €154,640 | -€1,168 | -0.7% |
| Amounts payable after more than one year | 17 | €0 | €84,931 | +€84,931 | |
| Financial debts | 170/4 | €0 | €84,931 | +€84,931 | |
| Amounts payable within one year | 42/48 | €155,809 | €69,710 | -€86,099 | -55.3% |
| Current portion of amounts payable after more than one year | 42 | €10,053 | €8,731 | -€1,323 | -13.2% |
| Trade debts | 44 | €1,363 | €3,647 | +€2,284 | +167.5% |
| Suppliers | 440/4 | €1,363 | €3,647 | +€2,284 | +167.5% |
| Taxes, remuneration and social security | 45 | €235 | - | -€235 | |
| Taxes | 450/3 | €235 | - | -€235 | |
| Other amounts payable | 47/48 | €144,157 | €57,332 | -€86,825 | -60.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,844 | €17,433 | +€8,589 | +97.1% |
| Other operating charges | 640/8 | €1,598 | €3,345 | +€1,747 | +109.3% |
| Non-recurring operating charges | 66A | €34,747 | - | -€34,747 | |
| Gross operating margin | 9900 | €12,276 | €33,711 | +€21,435 | +174.6% |
| Operating profit (loss) | 9901 | -€32,912 | €12,933 | +€45,845 | |
| Financial income | 75/76B | €48,652 | - | -€48,652 | |
| Recurring financial income | 75 | €48,652 | - | -€48,652 | |
| Financial charges | 65/66B | €303 | €3,040 | +€2,737 | +903.6% |
| Recurring financial charges | 65 | €303 | €3,040 | +€2,737 | +903.6% |
| Profit (loss) for the period before taxes | 9903 | €15,437 | €9,893 | -€5,544 | -35.9% |
| Transfer from deferred taxes | 780 | €8 | €1,427 | +€1,419 | +18188.7% |
| Profit (loss) for the period | 9904 | €15,445 | €11,319 | -€4,126 | -26.7% |
| Transfer from tax-exempt reserves | 789 | €23 | €4,280 | +€4,256 | +18196.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,468 | €15,599 | +€130 | +0.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.