9 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.
9 IMMO
Largest movements
- Tangible fixed assets -€5,810
down €5,810 (-4.1%), from €142,262 to €136,453
- Profit (loss) carried forward -€40,175
down €40,175 (-28.2%), from -€142,268 to -€182,443
- Trade debts +€35,000
new in 2025: €35,000
- Other debts +€12,665
up €12,665 (+12.9%), from €98,182 to €110,847
- Debts after one year -€9,954
down €9,954 (-8.2%), from €121,626 to €111,672
- Current portion of long-term debt -€3,223
down €3,223 (-19.6%), from €16,409 to €13,185
- Financial charges +€6,375
up €6,375 (+237.5%), from €2,685 to €9,060
- Gross operating margin -€5,198
down €5,198 (-25.9%), from -€20,107 to -€25,305
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 | €142,316 | €136,626 | -€5,690 | -4.0% |
| Fixed assets | 21/28 | €142,262 | €136,453 | -€5,810 | -4.1% |
| Tangible fixed assets | 22/27 | €142,262 | €136,453 | -€5,810 | -4.1% |
| Land and buildings | 22 | €142,262 | €136,453 | -€5,810 | -4.1% |
| Current assets | 29/58 | €54 | €173 | +€120 | +223.5% |
| Amounts receivable within one year | 40/41 | €54 | €54 | = | 0.0% |
| Other amounts receivable | 41 | €54 | €54 | = | 0.0% |
| Cash at bank and in hand | 54/58 | - | €120 | +€120 | |
| Total equity and liabilities | 10/49 | €142,316 | €136,626 | -€5,690 | -4.0% |
| Equity | 10/15 | -€129,868 | -€170,043 | -€40,175 | -30.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€142,268 | -€182,443 | -€40,175 | -28.2% |
| Amounts payable | 17/49 | €272,184 | €306,669 | +€34,485 | +12.7% |
| Amounts payable after more than one year | 17 | €121,626 | €111,672 | -€9,954 | -8.2% |
| Financial debts | 170/4 | €121,626 | €111,672 | -€9,954 | -8.2% |
| Amounts payable within one year | 42/48 | €150,558 | €194,997 | +€44,439 | +29.5% |
| Current portion of amounts payable after more than one year | 42 | €16,409 | €13,185 | -€3,223 | -19.6% |
| Financial debts | 43 | €3 | - | -€3 | |
| Credit institutions | 430/8 | €3 | - | -€3 | |
| Trade debts | 44 | - | €35,000 | +€35,000 | |
| Suppliers | 440/4 | - | €35,000 | +€35,000 | |
| Taxes, remuneration and social security | 45 | €35,965 | €35,965 | = | 0.0% |
| Remuneration and social security | 454/9 | €35,965 | €35,965 | = | 0.0% |
| Other amounts payable | 47/48 | €98,182 | €110,847 | +€12,665 | +12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,810 | €5,810 | = | 0.0% |
| Gross operating margin | 9900 | -€20,107 | -€25,305 | -€5,198 | -25.9% |
| Operating profit (loss) | 9901 | -€25,916 | -€31,115 | -€5,198 | -20.1% |
| Financial charges | 65/66B | €2,685 | €9,060 | +€6,375 | +237.5% |
| Recurring financial charges | 65 | €2,685 | €9,060 | +€6,375 | +237.5% |
| Profit (loss) for the period before taxes | 9903 | -€28,601 | -€40,175 | -€11,574 | -40.5% |
| Profit (loss) for the period | 9904 | -€28,601 | -€40,175 | -€11,574 | -40.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,601 | -€40,175 | -€11,574 | -40.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.