Balance.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.
Balance.Immo
Largest movements
- Tangible fixed assets +€260,392
up €260,392 (+16.7%), from €1.6m to €1.8m
- Debts after one year +€215,242
up €215,242 (+16.0%), from €1.3m to €1.6m
of which Financial debts: +€415,242
- Trade debts -€89,082
down €89,082 (-94.1%), from €94,648 to €5,565
- Current portion of long-term debt +€69,992
new in 2025: €69,992
- Other debts +€25,889
up €25,889 (+8.4%), from €308,014 to €333,904
- Profit (loss) carried forward +€25,810
up €25,810 (+14.4%), from -€179,316 to -€153,506
- Gross operating margin +€110,212
up €110,212 (+306.3%), from €35,977 to €146,189
- Depreciation +€30,008
up €30,008 (+124.4%), from €24,129 to €54,136
- Financial charges +€27,320
up €27,320 (+78.8%), from €34,667 to €61,988
- Other operating charges +€1,476
up €1,476 (+52.7%), from €2,799 to €4,275
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 | €1,576,683 | €1,832,558 | +€255,875 | +16.2% |
| Fixed assets | 21/28 | €1,556,390 | €1,816,783 | +€260,392 | +16.7% |
| Tangible fixed assets | 22/27 | €1,556,390 | €1,816,783 | +€260,392 | +16.7% |
| Land and buildings | 22 | €1,556,390 | €1,816,783 | +€260,392 | +16.7% |
| Current assets | 29/58 | €20,293 | €15,775 | -€4,517 | -22.3% |
| Current investments | 50/53 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €19,410 | €3,525 | -€15,885 | -81.8% |
| Deferred charges and accrued income | 490/1 | €633 | €12,000 | +€11,367 | +1795.8% |
| Total equity and liabilities | 10/49 | €1,576,683 | €1,832,558 | +€255,875 | +16.2% |
| Equity | 10/15 | -€169,316 | -€143,506 | +€25,810 | +15.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€179,316 | -€153,506 | +€25,810 | +14.4% |
| Amounts payable | 17/49 | €1,745,998 | €1,976,063 | +€230,065 | +13.2% |
| Amounts payable after more than one year | 17 | €1,343,336 | €1,558,578 | +€215,242 | +16.0% |
| Financial debts | 170/4 | €1,143,336 | €1,558,578 | +€415,242 | +36.3% |
| Other amounts payable | 178/9 | €200,000 | - | -€200,000 | |
| Amounts payable within one year | 42/48 | €402,662 | €409,461 | +€6,799 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | - | €69,992 | +€69,992 | |
| Trade debts | 44 | €94,648 | €5,565 | -€89,082 | -94.1% |
| Suppliers | 440/4 | €94,648 | €5,565 | -€89,082 | -94.1% |
| Other amounts payable | 47/48 | €308,014 | €333,904 | +€25,889 | +8.4% |
| Accrued charges and deferred income | 492/3 | - | €8,024 | +€8,024 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,129 | €54,136 | +€30,008 | +124.4% |
| Other operating charges | 640/8 | €2,799 | €4,275 | +€1,476 | +52.7% |
| Gross operating margin | 9900 | €35,977 | €146,189 | +€110,212 | +306.3% |
| Operating profit (loss) | 9901 | €9,049 | €87,777 | +€78,728 | +870.0% |
| Financial income | 75/76B | €1 | €30 | +€29 | +2468.4% |
| Recurring financial income | 75 | €1 | €30 | +€29 | +2468.4% |
| Financial charges | 65/66B | €34,667 | €61,988 | +€27,320 | +78.8% |
| Recurring financial charges | 65 | €34,667 | €61,988 | +€27,320 | +78.8% |
| Profit (loss) for the period before taxes | 9903 | -€25,617 | €25,819 | +€51,436 | |
| Income taxes | 67/77 | - | €9 | +€9 | |
| Profit (loss) for the period | 9904 | -€25,617 | €25,810 | +€51,427 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,617 | €25,810 | +€51,427 |
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 6 October 2026 via checked.be.