IDEA 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.
IDEA IMMO
Largest movements
- Tangible fixed assets +€235,544
up €235,544 (+38.5%), from €611,825 to €847,369
of which Land and buildings: +€235,544
- Cash -€71,790
down €71,790 (-35.2%), from €204,210 to €132,419
mainly Investment in fixed assets (net) (-€259,761) and Receivables within one year (-€70,153)
- Receivables within one year +€70,153
up €70,153 (+34.1%), from €205,949 to €276,102
of which Other amounts receivable: +€71,069
- Receivables after one year -€66,573
down €66,573 (-48.4%), from €137,605 to €71,032
- Deferred charges and accrued income +€36,604
up €36,604 (+156.7%), from €23,354 to €59,958
- Debts after one year +€154,451
up €154,451 (+26.5%), from €582,992 to €737,443
- Reserves +€31,900
up €31,900 (+7.8%), from €407,555 to €439,455
of which Distributable reserves: +€31,900
- Current portion of long-term debt +€26,697
up €26,697 (+21.4%), from €124,982 to €151,679
- Tax, wage and social debts -€22,861
down €22,861 (-36.4%), from €62,856 to €39,995
- Gross operating margin -€102,473
down €102,473 (-51.5%), from €198,858 to €96,385
- Taxes -€52,225
down €52,225 (-78.1%), from €66,883 to €14,658
- Financial income -€22,977
down €22,977 (-56.4%), from €40,720 to €17,743
- Financial charges +€19,118
up €19,118 (+118.9%), from €16,075 to €35,193
- Depreciation -€16,787
down €16,787 (-40.9%), from €41,004 to €24,217
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 | €1,440,672 | €1,647,109 | +€206,437 | +14.3% |
| Fixed assets | 21/28 | €869,327 | €1,104,871 | +€235,544 | +27.1% |
| Tangible fixed assets | 22/27 | €611,825 | €847,369 | +€235,544 | +38.5% |
| Land and buildings | 22 | €609,825 | €845,369 | +€235,544 | +38.6% |
| Furniture and vehicles | 24 | €2,000 | €2,000 | = | 0.0% |
| Financial fixed assets | 28 | €257,502 | €257,502 | = | 0.0% |
| Current assets | 29/58 | €571,345 | €542,238 | -€29,107 | -5.1% |
| Amounts receivable after more than one year | 29 | €137,605 | €71,032 | -€66,573 | -48.4% |
| Other amounts receivable | 291 | €137,605 | €71,032 | -€66,573 | -48.4% |
| Stocks and contracts in progress | 3 | €227 | €2,727 | +€2,500 | +1103.7% |
| Stocks | 30/36 | €227 | €2,727 | +€2,500 | +1103.7% |
| Amounts receivable within one year | 40/41 | €205,949 | €276,102 | +€70,153 | +34.1% |
| Trade receivables | 40 | €29,540 | €28,624 | -€916 | -3.1% |
| Other amounts receivable | 41 | €176,409 | €247,477 | +€71,069 | +40.3% |
| Cash at bank and in hand | 54/58 | €204,210 | €132,419 | -€71,790 | -35.2% |
| Deferred charges and accrued income | 490/1 | €23,354 | €59,958 | +€36,604 | +156.7% |
| Total equity and liabilities | 10/49 | €1,440,672 | €1,647,109 | +€206,437 | +14.3% |
| Equity | 10/15 | €645,637 | €677,590 | +€31,953 | +4.9% |
| Contributions | 10/11 | €18,200 | €18,200 | = | 0.0% |
| Reserves | 13 | €407,555 | €439,455 | +€31,900 | +7.8% |
| Tax-exempt reserves | 132 | €84,200 | €84,200 | = | 0.0% |
| Distributable reserves | 133 | €323,355 | €355,255 | +€31,900 | +9.9% |
| Profit (loss) carried forward | 14 | €219,882 | €219,935 | +€53 | 0.0% |
| Amounts payable | 17/49 | €795,035 | €969,519 | +€174,484 | +21.9% |
| Amounts payable after more than one year | 17 | €582,992 | €737,443 | +€154,451 | +26.5% |
| Financial debts | 170/4 | €582,992 | €737,443 | +€154,451 | +26.5% |
| Amounts payable within one year | 42/48 | €212,043 | €232,076 | +€20,033 | +9.4% |
| Current portion of amounts payable after more than one year | 42 | €124,982 | €151,679 | +€26,697 | +21.4% |
| Financial debts | 43 | €8,883 | €9,397 | +€514 | +5.8% |
| Credit institutions | 430/8 | €8,883 | €9,397 | +€514 | +5.8% |
| Trade debts | 44 | €15,323 | €31,005 | +€15,683 | +102.3% |
| Suppliers | 440/4 | €15,323 | €31,005 | +€15,683 | +102.3% |
| Taxes, remuneration and social security | 45 | €62,856 | €39,995 | -€22,861 | -36.4% |
| Taxes | 450/3 | €62,856 | €39,995 | -€22,861 | -36.4% |
| Non-recurring operating income | 76A | €175,805 | - | -€175,805 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,004 | €24,217 | -€16,787 | -40.9% |
| Other operating charges | 640/8 | €9,429 | €3,126 | -€6,303 | -66.9% |
| Non-recurring operating charges | 66A | - | €4,981 | +€4,981 | |
| Gross operating margin | 9900 | €198,858 | €96,385 | -€102,473 | -51.5% |
| Operating profit (loss) | 9901 | €148,424 | €64,061 | -€84,363 | -56.8% |
| Financial income | 75/76B | €40,720 | €17,743 | -€22,977 | -56.4% |
| Recurring financial income | 75 | €40,720 | €17,743 | -€22,977 | -56.4% |
| Financial charges | 65/66B | €16,075 | €35,193 | +€19,118 | +118.9% |
| Recurring financial charges | 65 | €16,075 | €35,193 | +€19,118 | +118.9% |
| Profit (loss) for the period before taxes | 9903 | €173,069 | €46,611 | -€126,458 | -73.1% |
| Income taxes | 67/77 | €66,883 | €14,658 | -€52,225 | -78.1% |
| Profit (loss) for the period | 9904 | €106,186 | €31,953 | -€74,233 | -69.9% |
| Transfer from tax-exempt reserves | 789 | €88,591 | - | -€88,591 | |
| Transfer to tax-exempt reserves | 689 | €84,200 | - | -€84,200 | |
| Profit (loss) for the period to be appropriated | 9905 | €110,577 | €31,953 | -€78,625 | -71.1% |
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 6 October 2026 via checked.be.