PDB Immo: 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.
PDB Immo
Largest movements
- Tangible fixed assets -€60,445
down €60,445 (-2.3%), from €2.6m to €2.5m
- Debts after one year -€182,169
down €182,169 (-6.8%), from €2.7m to €2.5m
- Profit (loss) carried forward +€132,473
up €132,473 (+43.8%), from -€302,344 to -€169,872
- Depreciation -€325,779
down €325,779 (-82.9%), from €392,753 to €66,975
- Gross operating margin +€153,262
up €153,262 (+92.3%), from €165,994 to €319,256
- Financial charges +€42,318
up €42,318 (+62.4%), from €67,818 to €110,137
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 | €2,587,744 | €2,544,280 | -€43,464 | -1.7% |
| Fixed assets | 21/28 | €2,576,534 | €2,516,088 | -€60,445 | -2.3% |
| Tangible fixed assets | 22/27 | €2,576,534 | €2,516,088 | -€60,445 | -2.3% |
| Land and buildings | 22 | €2,576,534 | €2,516,088 | -€60,445 | -2.3% |
| Current assets | 29/58 | €11,210 | €28,191 | +€16,981 | +151.5% |
| Cash at bank and in hand | 54/58 | €9,133 | €26,051 | +€16,918 | +185.2% |
| Deferred charges and accrued income | 490/1 | €2,077 | €2,140 | +€64 | +3.1% |
| Total equity and liabilities | 10/49 | €2,587,744 | €2,544,280 | -€43,464 | -1.7% |
| Equity | 10/15 | -€277,344 | -€144,872 | +€132,473 | +47.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€302,344 | -€169,872 | +€132,473 | +43.8% |
| Amounts payable | 17/49 | €2,865,088 | €2,689,151 | -€175,936 | -6.1% |
| Amounts payable after more than one year | 17 | €2,683,161 | €2,500,992 | -€182,169 | -6.8% |
| Financial debts | 170/4 | €2,683,161 | €2,500,992 | -€182,169 | -6.8% |
| Amounts payable within one year | 42/48 | €179,077 | €185,309 | +€6,233 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €175,074 | €182,169 | +€7,095 | +4.1% |
| Trade debts | 44 | €2,349 | €2,413 | +€64 | +2.7% |
| Suppliers | 440/4 | €2,349 | €2,413 | +€64 | +2.7% |
| Other amounts payable | 47/48 | €1,653 | €727 | -€926 | -56.0% |
| Accrued charges and deferred income | 492/3 | €2,850 | €2,850 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €392,753 | €66,975 | -€325,779 | -82.9% |
| Other operating charges | 640/8 | €7,767 | €9,672 | +€1,905 | +24.5% |
| Gross operating margin | 9900 | €165,994 | €319,256 | +€153,262 | +92.3% |
| Operating profit (loss) | 9901 | -€234,526 | €242,609 | +€477,135 | |
| Financial charges | 65/66B | €67,818 | €110,137 | +€42,318 | +62.4% |
| Recurring financial charges | 65 | €67,818 | €110,137 | +€42,318 | +62.4% |
| Profit (loss) for the period before taxes | 9903 | -€302,344 | €132,473 | +€434,817 | |
| Profit (loss) for the period | 9904 | -€302,344 | €132,473 | +€434,817 | |
| Profit (loss) for the period to be appropriated | 9905 | -€302,344 | €132,473 | +€434,817 |
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 30 September 2026 via checked.be.