FREE 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.
FREE IMMO
Largest movements
- Tangible fixed assets -€17,574
down €17,574 (-5.0%), from €350,559 to €332,984
of which Land and buildings: -€17,422
- Profit (loss) carried forward -€41,100
down €41,100 (-8.1%), from -€506,711 to -€547,811
- Other debts +€22,750
up €22,750 (+22.8%), from €99,963 to €122,713
- Gross operating margin -€17,322
down €17,322, from €14,092 to -€3,230
- Taxes +€6,277
no longer reported in 2025 (was -€6,277)
- Other operating charges +€617
up €617 (+3.1%), from €19,632 to €20,249
- Depreciation -€152
down €152 (-0.9%), from €17,726 to €17,574
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 | €351,566 | €333,615 | -€17,950 | -5.1% |
| Fixed assets | 21/28 | €350,559 | €332,984 | -€17,574 | -5.0% |
| Tangible fixed assets | 22/27 | €350,559 | €332,984 | -€17,574 | -5.0% |
| Land and buildings | 22 | €349,644 | €332,222 | -€17,422 | -5.0% |
| Other tangible fixed assets | 26 | €915 | €763 | -€152 | -16.7% |
| Current assets | 29/58 | €1,007 | €631 | -€376 | -37.3% |
| Amounts receivable within one year | 40/41 | €387 | €387 | = | 0.0% |
| Other amounts receivable | 41 | €387 | €387 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €620 | €244 | -€376 | -60.7% |
| Total equity and liabilities | 10/49 | €351,566 | €333,615 | -€17,950 | -5.1% |
| Equity | 10/15 | €243,201 | €202,101 | -€41,100 | -16.9% |
| Contributions | 10/11 | €741,733 | €741,733 | = | 0.0% |
| Reserves | 13 | €8,179 | €8,179 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,179 | €8,179 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,179 | €8,179 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€506,711 | -€547,811 | -€41,100 | -8.1% |
| Amounts payable | 17/49 | €108,365 | €131,515 | +€23,150 | +21.4% |
| Amounts payable within one year | 42/48 | €108,365 | €131,515 | +€23,150 | +21.4% |
| Trade debts | 44 | €8,402 | €8,802 | +€400 | +4.8% |
| Suppliers | 440/4 | €8,402 | €8,802 | +€400 | +4.8% |
| Other amounts payable | 47/48 | €99,963 | €122,713 | +€22,750 | +22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,726 | €17,574 | -€152 | -0.9% |
| Other operating charges | 640/8 | €19,632 | €20,249 | +€617 | +3.1% |
| Gross operating margin | 9900 | €14,092 | -€3,230 | -€17,322 | |
| Operating profit (loss) | 9901 | -€23,266 | -€41,054 | -€17,788 | -76.5% |
| Financial charges | 65/66B | €46 | €46 | = | 0.0% |
| Recurring financial charges | 65 | €46 | €46 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€23,313 | -€41,100 | -€17,788 | -76.3% |
| Income taxes | 67/77 | -€6,277 | - | +€6,277 | |
| Profit (loss) for the period | 9904 | -€17,036 | -€41,100 | -€24,065 | -141.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,036 | -€41,100 | -€24,065 | -141.3% |
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 7 October 2026 via checked.be.