Home - 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.
Home - Immo
Largest movements
- Receivables within one year +€204,113
up €204,113 (+342%), from €59,691 to €263,804
of which Other amounts receivable: +€204,286
- Current investments -€199,119
down €199,119 (-99.6%), from €199,999 to €881
- Cash +€83,020
up €83,020 (+60.8%), from €136,475 to €219,495
mainly Current investments (+€199,119) and Debts after one year (+€81,373)
- Tangible fixed assets +€12,743
up €12,743 (+8.3%), from €154,382 to €167,126
of which Land and buildings: +€20,636
- Debts after one year +€81,373
new in 2025: €81,373
- Current portion of long-term debt +€18,627
new in 2025: €18,627
- Other debts -€12,008
down €12,008 (-97.1%), from €12,372 to €363
- Trade debts +€11,138
up €11,138 (+153%), from €7,256 to €18,394
- Gross operating margin +€57,454
up €57,454, from -€15,003 to €42,451
- Financial income +€6,414
up €6,414 (+139%), from €4,611 to €11,025
- Depreciation -€6,392
down €6,392 (-21.8%), from €29,298 to €22,906
- Financial charges +€5,401
up €5,401 (+1,983%), from €272 to €5,673
- Taxes +€1,949
up €1,949 (+760%), from €257 to €2,206
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 | €550,547 | €653,517 | +€102,970 | +18.7% |
| Fixed assets | 21/28 | €154,382 | €167,126 | +€12,743 | +8.3% |
| Tangible fixed assets | 22/27 | €154,382 | €167,126 | +€12,743 | +8.3% |
| Land and buildings | 22 | €146,490 | €167,126 | +€20,636 | +14.1% |
| Furniture and vehicles | 24 | €7,892 | - | -€7,892 | |
| Current assets | 29/58 | €396,165 | €486,391 | +€90,226 | +22.8% |
| Amounts receivable within one year | 40/41 | €59,691 | €263,804 | +€204,113 | +342% |
| Trade receivables | 40 | €173 | - | -€173 | |
| Other amounts receivable | 41 | €59,517 | €263,804 | +€204,286 | +343% |
| Current investments | 50/53 | €199,999 | €881 | -€199,119 | -99.6% |
| Cash at bank and in hand | 54/58 | €136,475 | €219,495 | +€83,020 | +60.8% |
| Deferred charges and accrued income | 490/1 | - | €2,212 | +€2,212 | |
| Total equity and liabilities | 10/49 | €550,547 | €653,517 | +€102,970 | +18.7% |
| Equity | 10/15 | €529,670 | €530,210 | +€540 | +0.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €467,337 | €467,337 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €461,139 | €461,139 | = | 0.0% |
| Profit (loss) carried forward | 14 | €359 | €899 | +€540 | +150% |
| Amounts payable | 17/49 | €20,878 | €123,307 | +€102,430 | +491% |
| Amounts payable after more than one year | 17 | - | €81,373 | +€81,373 | |
| Financial debts | 170/4 | - | €81,373 | +€81,373 | |
| Amounts payable within one year | 42/48 | €19,628 | €41,934 | +€22,307 | +114% |
| Current portion of amounts payable after more than one year | 42 | - | €18,627 | +€18,627 | |
| Financial debts | 43 | - | €140 | +€140 | |
| Credit institutions | 430/8 | - | €140 | +€140 | |
| Trade debts | 44 | €7,256 | €18,394 | +€11,138 | +153% |
| Suppliers | 440/4 | €7,256 | €18,394 | +€11,138 | +153% |
| Taxes, remuneration and social security | 45 | €0 | €4,410 | +€4,410 | |
| Taxes | 450/3 | €0 | €4,410 | +€4,410 | |
| Other amounts payable | 47/48 | €12,372 | €363 | -€12,008 | -97.1% |
| Accrued charges and deferred income | 492/3 | €1,250 | - | -€1,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,298 | €22,906 | -€6,392 | -21.8% |
| Other operating charges | 640/8 | €23,744 | €22,151 | -€1,593 | -6.7% |
| Gross operating margin | 9900 | -€15,003 | €42,451 | +€57,454 | |
| Operating profit (loss) | 9901 | -€68,045 | -€2,606 | +€65,439 | +96.2% |
| Financial income | 75/76B | €4,611 | €11,025 | +€6,414 | +139% |
| Recurring financial income | 75 | €4,611 | €11,025 | +€6,414 | +139% |
| Financial charges | 65/66B | €272 | €5,673 | +€5,401 | +1,983% |
| Recurring financial charges | 65 | €272 | €5,673 | +€5,401 | +1,983% |
| Profit (loss) for the period before taxes | 9903 | -€63,707 | €2,745 | +€66,452 | |
| Income taxes | 67/77 | €257 | €2,206 | +€1,949 | +760% |
| Profit (loss) for the period | 9904 | -€63,963 | €540 | +€64,503 | |
| Profit (loss) for the period to be appropriated | 9905 | -€63,963 | €540 | +€64,503 |
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 14 October 2026 via checked.be.