IBO.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.
IBO.IMMO
Largest movements
- Tangible fixed assets -€14,605
down €14,605 (-3.4%), from €426,834 to €412,229
- Debts after one year -€30,859
down €30,859 (-12.1%), from €255,995 to €225,136
- Other debts +€9,047
up €9,047 (+6.1%), from €148,194 to €157,241
- Trade debts +€6,648
up €6,648 (+4782.7%), from €139 to €6,787
- Gross operating margin +€5,122
up €5,122 (+19.0%), from €26,979 to €32,101
- Financial charges -€4,436
down €4,436 (-38.2%), from €11,616 to €7,180
- Other operating charges +€1,480
up €1,480 (+16.9%), from €8,759 to €10,239
- Depreciation +€1,469
up €1,469 (+11.2%), from €13,136 to €14,605
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 | €430,450 | €416,069 | -€14,381 | -3.3% |
| Fixed assets | 21/28 | €426,834 | €412,229 | -€14,605 | -3.4% |
| Tangible fixed assets | 22/27 | €426,834 | €412,229 | -€14,605 | -3.4% |
| Land and buildings | 22 | €426,834 | €412,229 | -€14,605 | -3.4% |
| Current assets | 29/58 | €3,616 | €3,840 | +€224 | +6.2% |
| Cash at bank and in hand | 54/58 | €2,540 | €2,791 | +€251 | +9.9% |
| Deferred charges and accrued income | 490/1 | €1,076 | €1,049 | -€27 | -2.5% |
| Total equity and liabilities | 10/49 | €430,450 | €416,069 | -€14,381 | -3.3% |
| Equity | 10/15 | -€4,031 | -€3,954 | +€77 | +1.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,031 | -€8,954 | +€77 | +0.9% |
| Amounts payable | 17/49 | €434,481 | €420,023 | -€14,458 | -3.3% |
| Amounts payable after more than one year | 17 | €255,995 | €225,136 | -€30,859 | -12.1% |
| Financial debts | 170/4 | €255,995 | €225,136 | -€30,859 | -12.1% |
| Amounts payable within one year | 42/48 | €178,486 | €194,887 | +€16,401 | +9.2% |
| Current portion of amounts payable after more than one year | 42 | €30,153 | €30,859 | +€706 | +2.3% |
| Trade debts | 44 | €139 | €6,787 | +€6,648 | +4782.7% |
| Suppliers | 440/4 | €139 | €6,787 | +€6,648 | +4782.7% |
| Other amounts payable | 47/48 | €148,194 | €157,241 | +€9,047 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,136 | €14,605 | +€1,469 | +11.2% |
| Other operating charges | 640/8 | €8,759 | €10,239 | +€1,480 | +16.9% |
| Gross operating margin | 9900 | €26,979 | €32,101 | +€5,122 | +19.0% |
| Operating profit (loss) | 9901 | €5,084 | €7,257 | +€2,173 | +42.7% |
| Financial charges | 65/66B | €11,616 | €7,180 | -€4,436 | -38.2% |
| Recurring financial charges | 65 | €11,616 | €7,180 | -€4,436 | -38.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,532 | €77 | +€6,609 | |
| Profit (loss) for the period | 9904 | -€6,532 | €77 | +€6,609 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,532 | €77 | +€6,609 |
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 8 October 2026 via checked.be.