Het Immo-Rijk: 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.
Het Immo-Rijk
Largest movements
- Tangible fixed assets -€9,427
down €9,427 (-28.8%), from €32,781 to €23,354
of which Plant, machinery and equipment: -€19,740
- Cash -€1,008
down €1,008 (-8.0%), from €12,532 to €11,525
mainly Net result for the year (-€14,428) and Smaller working-capital items (-€9)
- Profit (loss) carried forward -€14,428
down €14,428 (-63.4%), from -€22,741 to -€37,168
- Other debts +€3,611
up €3,611 (+6.9%), from €52,366 to €55,977
- Gross operating margin -€5,525
down €5,525, from €1,833 to -€3,692
- Depreciation -€2,100
down €2,100 (-18.2%), from €11,527 to €9,427
- Other operating charges -€320
down €320 (-32.6%), from €982 to €662
- Financial charges +€273
up €273 (+72.0%), from €379 to €651
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.
Derived cash bridge
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 | €48,225 | €37,800 | -€10,426 | -21.6% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €32,781 | €23,354 | -€9,427 | -28.8% |
| Tangible fixed assets | 22/27 | €32,781 | €23,354 | -€9,427 | -28.8% |
| Land and buildings | 22 | - | €14,808 | +€14,808 | |
| Plant, machinery and equipment | 23 | €19,740 | €0 | -€19,740 | -100% |
| Furniture and vehicles | 24 | €13,041 | €8,547 | -€4,495 | -34.5% |
| Current assets | 29/58 | €15,444 | €14,445 | -€999 | -6.5% |
| Amounts receivable within one year | 40/41 | €2,770 | €2,754 | -€15 | -0.6% |
| Trade receivables | 40 | €771 | €755 | -€15 | -2.0% |
| Other amounts receivable | 41 | €1,999 | €1,999 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,532 | €11,525 | -€1,008 | -8.0% |
| Deferred charges and accrued income | 490/1 | €142 | €166 | +€24 | +17.1% |
| Total equity and liabilities | 10/49 | €48,225 | €37,800 | -€10,426 | -21.6% |
| Equity | 10/15 | -€4,141 | -€18,568 | -€14,428 | -348% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,741 | -€37,168 | -€14,428 | -63.4% |
| Amounts payable | 17/49 | €52,366 | €56,368 | +€4,002 | +7.6% |
| Amounts payable within one year | 42/48 | €52,366 | €56,368 | +€4,002 | +7.6% |
| Trade debts | 44 | €0 | €391 | +€391 | |
| Suppliers | 440/4 | €0 | €391 | +€391 | |
| Other amounts payable | 47/48 | €52,366 | €55,977 | +€3,611 | +6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,527 | €9,427 | -€2,100 | -18.2% |
| Other operating charges | 640/8 | €982 | €662 | -€320 | -32.6% |
| Gross operating margin | 9900 | €1,833 | -€3,692 | -€5,525 | |
| Operating profit (loss) | 9901 | -€10,675 | -€13,780 | -€3,105 | -29.1% |
| Financial income | 75/76B | €4 | €6 | +€1 | +27.4% |
| Recurring financial income | 75 | €4 | €6 | +€1 | +27.4% |
| Financial charges | 65/66B | €379 | €651 | +€273 | +72.0% |
| Recurring financial charges | 65 | €379 | €651 | +€273 | +72.0% |
| Profit (loss) for the period before taxes | 9903 | -€11,049 | -€14,426 | -€3,376 | -30.6% |
| Income taxes | 67/77 | - | €2 | +€2 | |
| Profit (loss) for the period | 9904 | -€11,049 | -€14,428 | -€3,378 | -30.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,049 | -€14,428 | -€3,378 | -30.6% |
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 21 October 2026 via checked.be.