IC-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.
IC-IMMO
Largest movements
- Tangible fixed assets -€118,853
down €118,853 (-99.1%), from €119,907 to €1,054
of which Land and buildings: -€86,246
- Cash +€33,776
up €33,776 (+1436.8%), from €2,351 to €36,127
mainly Investment in fixed assets (net) (+€105,395) and Net result for the year (+€27,864)
- Receivables within one year +€17,801
up €17,801 (+1832.5%), from €971 to €18,773
of which Trade receivables: +€18,150
- Other debts -€88,444
no longer reported in 2025 (was €88,444)
- Profit (loss) carried forward +€27,864
new in 2025: €27,864
- Tax, wage and social debts -€8,696
no longer reported in 2025 (was €8,696)
- Contributions +€2,000
new in 2025: €2,000
- Gross operating margin +€119,401
up €119,401 (+238.0%), from €50,171 to €169,572
- Turnover +€92,364
up €92,364 (+109.4%), from €84,427 to €176,791
- Purchases and services -€26,854
down €26,854 (-78.4%), from €34,256 to €7,402
- Taxes +€16,001
up €16,001 (+184.0%), from €8,696 to €24,698
- Financial income +€5,400
new in 2025: €5,400
of which Financial income: +€5,400
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 | €123,229 | €55,953 | -€67,276 | -54.6% |
| Fixed assets | 21/28 | €119,907 | €1,054 | -€118,853 | -99.1% |
| Tangible fixed assets | 22/27 | €119,907 | €1,054 | -€118,853 | -99.1% |
| Land and buildings | 22 | €86,246 | - | -€86,246 | |
| Furniture and vehicles | 24 | €33,661 | €1,054 | -€32,607 | -96.9% |
| Current assets | 29/58 | €3,322 | €54,899 | +€51,577 | +1552.5% |
| Amounts receivable within one year | 40/41 | €971 | €18,773 | +€17,801 | +1832.5% |
| Trade receivables | 40 | - | €18,150 | +€18,150 | |
| Other amounts receivable | 41 | €971 | €623 | -€349 | -35.9% |
| Cash at bank and in hand | 54/58 | €2,351 | €36,127 | +€33,776 | +1436.8% |
| Total equity and liabilities | 10/49 | €123,229 | €55,953 | -€67,276 | -54.6% |
| Equity | 10/15 | €26,089 | €55,953 | +€29,864 | +114.5% |
| Contributions | 10/11 | - | €2,000 | +€2,000 | |
| Reserves | 13 | €26,089 | €26,089 | = | 0.0% |
| Distributable reserves | 133 | €26,089 | €26,089 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €27,864 | +€27,864 | |
| Amounts payable | 17/49 | €97,140 | - | -€97,140 | |
| Amounts payable within one year | 42/48 | €97,140 | - | -€97,140 | |
| Taxes, remuneration and social security | 45 | €8,696 | - | -€8,696 | |
| Taxes | 450/3 | €8,696 | - | -€8,696 | |
| Other amounts payable | 47/48 | €88,444 | - | -€88,444 | |
| Turnover | 70 | €84,427 | €176,791 | +€92,364 | +109.4% |
| Non-recurring operating income | 76A | - | €183 | +€183 | |
| Goods, raw materials, services and sundry goods | 60/61 | €34,256 | €7,402 | -€26,854 | -78.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,186 | €13,458 | +€2,272 | +20.3% |
| Other operating charges | 640/8 | €4,200 | €2,027 | -€2,173 | -51.7% |
| Non-recurring operating charges | 66A | - | €106,926 | +€106,926 | |
| Gross operating margin | 9900 | €50,171 | €169,572 | +€119,401 | +238.0% |
| Operating profit (loss) | 9901 | €34,785 | €47,162 | +€12,376 | +35.6% |
| Financial income | 75/76B | - | €5,400 | +€5,400 | |
| Recurring financial income | 75 | - | €5,400 | +€5,400 | |
| Non-recurring financial income | 76B | - | €5,400 | +€5,400 | |
| Profit (loss) for the period before taxes | 9903 | €34,785 | €52,562 | +€17,776 | +51.1% |
| Income taxes | 67/77 | €8,696 | €24,698 | +€16,001 | +184.0% |
| Profit (loss) for the period | 9904 | €26,089 | €27,864 | +€1,775 | +6.8% |
| Profit (loss) for the period to be appropriated | 9905 | €26,089 | €27,864 | +€1,775 | +6.8% |
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 30 September 2026 via checked.be.