All - 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.
All - Immo
Largest movements
- Receivables within one year +€13,856
up €13,856 (+172.0%), from €8,057 to €21,913
of which Trade receivables: +€9,336
- Tangible fixed assets -€10,803
down €10,803 (-5.8%), from €186,566 to €175,763
of which Land and buildings: -€12,888
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€4,249
up €4,249 (+22.2%), from €19,178 to €23,427
- Depreciation +€2,836
up €2,836 (+12.8%), from €22,132 to €24,968
- Financial income -€2,606
down €2,606 (-73.2%), from €3,561 to €955
- Write-downs +€1,149
new in 2025: €1,149
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 | €328,080 | €327,354 | -€727 | -0.2% |
| Fixed assets | 21/28 | €186,659 | €175,856 | -€10,803 | -5.8% |
| Tangible fixed assets | 22/27 | €186,566 | €175,763 | -€10,803 | -5.8% |
| Land and buildings | 22 | €143,280 | €130,392 | -€12,888 | -9.0% |
| Furniture and vehicles | 24 | €24,812 | €17,224 | -€7,588 | -30.6% |
| Other tangible fixed assets | 26 | €18,474 | €28,147 | +€9,673 | +52.4% |
| Financial fixed assets | 28 | €93 | €93 | = | 0.0% |
| Current assets | 29/58 | €141,421 | €151,498 | +€10,076 | +7.1% |
| Amounts receivable after more than one year | 29 | €1,650 | - | -€1,650 | |
| Other amounts receivable | 291 | €1,650 | - | -€1,650 | |
| Amounts receivable within one year | 40/41 | €8,057 | €21,913 | +€13,856 | +172.0% |
| Trade receivables | 40 | - | €9,336 | +€9,336 | |
| Other amounts receivable | 41 | €8,057 | €12,577 | +€4,520 | +56.1% |
| Cash at bank and in hand | 54/58 | €126,596 | €126,252 | -€344 | -0.3% |
| Deferred charges and accrued income | 490/1 | €5,119 | €3,333 | -€1,786 | -34.9% |
| Total equity and liabilities | 10/49 | €328,080 | €327,354 | -€727 | -0.2% |
| Equity | 10/15 | €325,514 | €322,960 | -€2,554 | -0.8% |
| Contributions | 10/11 | €436,999 | €436,999 | = | 0.0% |
| Capital | 10 | €436,999 | €436,999 | = | 0.0% |
| Issued capital | 100 | €436,999 | €436,999 | = | 0.0% |
| Reserves | 13 | €26,502 | €26,502 | = | 0.0% |
| Non-distributable reserves | 130/1 | €26,502 | €26,502 | = | 0.0% |
| Legal reserve | 130 | €26,502 | €26,502 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€137,987 | -€140,541 | -€2,554 | -1.9% |
| Amounts payable | 17/49 | €2,566 | €4,394 | +€1,827 | +71.2% |
| Amounts payable within one year | 42/48 | €1,033 | €2,607 | +€1,574 | +152.4% |
| Trade debts | 44 | €744 | €2,552 | +€1,808 | +243.0% |
| Suppliers | 440/4 | €744 | €2,552 | +€1,808 | +243.0% |
| Taxes, remuneration and social security | 45 | €139 | €55 | -€84 | -60.7% |
| Taxes | 450/3 | €139 | €55 | -€84 | -60.7% |
| Other amounts payable | 47/48 | €150 | - | -€150 | |
| Accrued charges and deferred income | 492/3 | €1,534 | €1,787 | +€253 | +16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,132 | €24,968 | +€2,836 | +12.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,149 | +€1,149 | |
| Other operating charges | 640/8 | €412 | €450 | +€37 | +9.1% |
| Gross operating margin | 9900 | €19,178 | €23,427 | +€4,249 | +22.2% |
| Operating profit (loss) | 9901 | -€3,367 | -€3,140 | +€227 | +6.8% |
| Financial income | 75/76B | €3,561 | €955 | -€2,606 | -73.2% |
| Recurring financial income | 75 | €3,561 | €955 | -€2,606 | -73.2% |
| Financial charges | 65/66B | €269 | €201 | -€68 | -25.4% |
| Recurring financial charges | 65 | €269 | €201 | -€68 | -25.4% |
| Profit (loss) for the period before taxes | 9903 | -€75 | -€2,385 | -€2,310 | -3073.2% |
| Income taxes | 67/77 | €171 | €168 | -€3 | -1.8% |
| Profit (loss) for the period | 9904 | -€247 | -€2,554 | -€2,307 | -935.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€247 | -€2,554 | -€2,307 | -935.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.