065 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.
065 IMMO
Largest movements
- Cash +€57,596
up €57,596 (+64.1%), from €89,867 to €147,462
mainly Net result for the year (+€58,937) and Receivables within one year (+€7,477)
- Receivables within one year -€7,477
down €7,477 (-51.6%), from €14,481 to €7,004
- Tangible fixed assets -€6,055
down €6,055 (-26.4%), from €22,945 to €16,890
- Profit (loss) carried forward +€58,937
up €58,937 (+38.0%), from -€155,166 to -€96,229
- Other debts -€7,759
down €7,759 (-49.6%), from €15,658 to €7,899
- Debts after one year -€6,874
down €6,874 (-36.7%), from €18,747 to €11,873
- Current portion of long-term debt -€2,352
down €2,352 (-25.6%), from €9,177 to €6,825
- Staff costs +€15,191
up €15,191 (+8.8%), from €171,938 to €187,129
- Gross operating margin +€14,828
up €14,828 (+6.0%), from €245,318 to €260,146
- Depreciation -€8,043
down €8,043 (-57.1%), from €14,097 to €6,055
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 | €127,895 | €171,933 | +€44,038 | +34.4% |
| Fixed assets | 21/28 | €23,230 | €17,176 | -€6,055 | -26.1% |
| Tangible fixed assets | 22/27 | €22,945 | €16,890 | -€6,055 | -26.4% |
| Furniture and vehicles | 24 | €22,945 | €16,890 | -€6,055 | -26.4% |
| Financial fixed assets | 28 | €285 | €285 | = | 0.0% |
| Current assets | 29/58 | €104,665 | €154,758 | +€50,093 | +47.9% |
| Amounts receivable within one year | 40/41 | €14,481 | €7,004 | -€7,477 | -51.6% |
| Trade receivables | 40 | €14,481 | €7,004 | -€7,477 | -51.6% |
| Cash at bank and in hand | 54/58 | €89,867 | €147,462 | +€57,596 | +64.1% |
| Deferred charges and accrued income | 490/1 | €317 | €291 | -€26 | -8.1% |
| Total equity and liabilities | 10/49 | €127,895 | €171,933 | +€44,038 | +34.4% |
| Equity | 10/15 | €62,834 | €121,771 | +€58,937 | +93.8% |
| Contributions | 10/11 | €218,000 | €218,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€155,166 | -€96,229 | +€58,937 | +38.0% |
| Amounts payable | 17/49 | €65,061 | €50,163 | -€14,899 | -22.9% |
| Amounts payable after more than one year | 17 | €18,747 | €11,873 | -€6,874 | -36.7% |
| Financial debts | 170/4 | €18,747 | €11,873 | -€6,874 | -36.7% |
| Amounts payable within one year | 42/48 | €46,314 | €38,290 | -€8,025 | -17.3% |
| Current portion of amounts payable after more than one year | 42 | €9,177 | €6,825 | -€2,352 | -25.6% |
| Trade debts | 44 | €12,565 | €13,926 | +€1,361 | +10.8% |
| Suppliers | 440/4 | €12,565 | €13,926 | +€1,361 | +10.8% |
| Taxes, remuneration and social security | 45 | €8,913 | €9,639 | +€726 | +8.1% |
| Taxes | 450/3 | €4,545 | €5,070 | +€525 | +11.6% |
| Remuneration and social security | 454/9 | €4,368 | €4,569 | +€201 | +4.6% |
| Other amounts payable | 47/48 | €15,658 | €7,899 | -€7,759 | -49.6% |
| Non-recurring operating income | 76A | - | €3 | +€3 | |
| Remuneration, social security and pensions | 62 | €171,938 | €187,129 | +€15,191 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,097 | €6,055 | -€8,043 | -57.1% |
| Other operating charges | 640/8 | €7,836 | €6,708 | -€1,128 | -14.4% |
| Gross operating margin | 9900 | €245,318 | €260,146 | +€14,828 | +6.0% |
| Operating profit (loss) | 9901 | €51,446 | €60,255 | +€8,808 | +17.1% |
| Financial income | 75/76B | €36 | €59 | +€23 | +63.8% |
| Recurring financial income | 75 | €36 | €59 | +€23 | +63.8% |
| Financial charges | 65/66B | €1,129 | €1,007 | -€122 | -10.8% |
| Recurring financial charges | 65 | €1,129 | €1,007 | -€122 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €50,353 | €59,307 | +€8,954 | +17.8% |
| Income taxes | 67/77 | €295 | €370 | +€75 | +25.6% |
| Profit (loss) for the period | 9904 | €50,058 | €58,937 | +€8,878 | +17.7% |
| Profit (loss) for the period to be appropriated | 9905 | €50,058 | €58,937 | +€8,878 | +17.7% |
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 5 October 2026 via checked.be.