PDC IMMO: 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.
PDC IMMO
Largest movements
- Tangible fixed assets -€140,403
down €140,403 (-4.0%), from €3.5m to €3.4m
of which Land and buildings: -€87,519
- Cash +€39,764
up €39,764 (+164%), from €24,194 to €63,959
mainly Depreciation (+€141,698) and Other debts (+€52,506)
- Debts after one year -€153,520
down €153,520 (-8.0%), from €1.9m to €1.8m
- Other debts +€52,506
up €52,506 (+5.0%), from €1.1m to €1.1m
- Depreciation +€141,698
new in 2025: €141,698
- Gross operating margin -€15,985
down €15,985 (-6.7%), from €238,320 to €222,335
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 | €3,578,503 | €3,479,937 | -€98,566 | -2.8% |
| Fixed assets | 21/28 | €3,491,005 | €3,350,601 | -€140,403 | -4.0% |
| Tangible fixed assets | 22/27 | €3,491,005 | €3,350,601 | -€140,403 | -4.0% |
| Land and buildings | 22 | €3,226,584 | €3,139,065 | -€87,519 | -2.7% |
| Plant, machinery and equipment | 23 | €264,421 | €211,536 | -€52,884 | -20.0% |
| Current assets | 29/58 | €87,498 | €129,335 | +€41,837 | +47.8% |
| Amounts receivable within one year | 40/41 | €63,200 | €65,273 | +€2,073 | +3.3% |
| Trade receivables | 40 | €63,097 | €64,247 | +€1,149 | +1.8% |
| Other amounts receivable | 41 | €102 | €1,026 | +€924 | +905% |
| Cash at bank and in hand | 54/58 | €24,194 | €63,959 | +€39,764 | +164% |
| Deferred charges and accrued income | 490/1 | €104 | €104 | -€0 | -0.1% |
| Total equity and liabilities | 10/49 | €3,578,503 | €3,479,937 | -€98,566 | -2.8% |
| Equity | 10/15 | €391,769 | €392,352 | +€583 | +0.1% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €191,769 | €192,352 | +€583 | +0.3% |
| Distributable reserves | 133 | €191,769 | €192,352 | +€583 | +0.3% |
| Amounts payable | 17/49 | €3,186,734 | €3,087,585 | -€99,149 | -3.1% |
| Amounts payable after more than one year | 17 | €1,917,583 | €1,764,062 | -€153,520 | -8.0% |
| Financial debts | 170/4 | €1,917,583 | €1,764,062 | -€153,520 | -8.0% |
| Amounts payable within one year | 42/48 | €1,269,151 | €1,323,522 | +€54,371 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | €151,391 | €153,520 | +€2,129 | +1.4% |
| Trade debts | 44 | €52,335 | €30,455 | -€21,880 | -41.8% |
| Suppliers | 440/4 | €52,335 | €30,455 | -€21,880 | -41.8% |
| Taxes, remuneration and social security | 45 | €4,719 | €26,335 | +€21,616 | +458% |
| Taxes | 450/3 | €4,719 | €26,335 | +€21,616 | +458% |
| Other amounts payable | 47/48 | €1,060,706 | €1,113,212 | +€52,506 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €141,698 | +€141,698 | |
| Other operating charges | 640/8 | €10,641 | €11,579 | +€938 | +8.8% |
| Gross operating margin | 9900 | €238,320 | €222,335 | -€15,985 | -6.7% |
| Operating profit (loss) | 9901 | €227,679 | €69,058 | -€158,621 | -69.7% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €70,085 | €68,475 | -€1,609 | -2.3% |
| Recurring financial charges | 65 | €70,085 | €68,475 | -€1,609 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €157,595 | €583 | -€157,012 | -99.6% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €157,595 | €583 | -€157,012 | -99.6% |
| Profit (loss) for the period to be appropriated | 9905 | €157,595 | €583 | -€157,012 | -99.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.