IMH 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.
IMH IMMO
Largest movements
- Cash +€17,577
up €17,577 (+169.4%), from €10,376 to €27,952
mainly Net result for the year (+€31,125) and Other debts (+€10,199)
- Tangible fixed assets -€9,641
down €9,641 (-25.9%), from €37,177 to €27,535
of which Furniture and vehicles: -€7,782
- Receivables within one year -€4,715
down €4,715 (-13.7%), from €34,367 to €29,652
of which Other amounts receivable: -€11,605
- Deferred charges and accrued income +€1,169
up €1,169 (+56.9%), from €2,053 to €3,222
- Other debts +€10,199
up €10,199 (+36.7%), from €27,793 to €37,992
- Trade debts -€8,731
down €8,731 (-70.9%), from €12,312 to €3,581
- Accrued charges and deferred income +€5,414
up €5,414 (+30.6%), from €17,682 to €23,096
- Tax, wage and social debts -€3,997
down €3,997 (-20.8%), from €19,219 to €15,222
of which Taxes: -€4,236
- Advances received +€1,182
up €1,182 (+22.1%), from €5,348 to €6,531
- Gross operating margin +€29,557
up €29,557 (+93.0%), from €31,785 to €61,342
- Staff costs +€4,671
up €4,671 (+33.8%), from €13,832 to €18,503
- Depreciation +€3,062
up €3,062 (+45.2%), from €6,777 to €9,839
- Financial income +€1,683
up €1,683 (+170.5%), from €987 to €2,670
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 | €84,533 | €88,724 | +€4,191 | +5.0% |
| Formation expenses | 20 | €428 | €229 | -€198 | -46.3% |
| Fixed assets | 21/28 | €37,309 | €27,668 | -€9,641 | -25.8% |
| Tangible fixed assets | 22/27 | €37,177 | €27,535 | -€9,641 | -25.9% |
| Plant, machinery and equipment | 23 | €2,339 | €1,718 | -€621 | -26.5% |
| Furniture and vehicles | 24 | €23,200 | €15,418 | -€7,782 | -33.5% |
| Other tangible fixed assets | 26 | €11,637 | €10,399 | -€1,238 | -10.6% |
| Financial fixed assets | 28 | €133 | €133 | = | 0.0% |
| Current assets | 29/58 | €46,796 | €60,826 | +€14,031 | +30.0% |
| Amounts receivable within one year | 40/41 | €34,367 | €29,652 | -€4,715 | -13.7% |
| Trade receivables | 40 | €2,361 | €9,251 | +€6,890 | +291.8% |
| Other amounts receivable | 41 | €32,006 | €20,401 | -€11,605 | -36.3% |
| Cash at bank and in hand | 54/58 | €10,376 | €27,952 | +€17,577 | +169.4% |
| Deferred charges and accrued income | 490/1 | €2,053 | €3,222 | +€1,169 | +56.9% |
| Total equity and liabilities | 10/49 | €84,533 | €88,724 | +€4,191 | +5.0% |
| Equity | 10/15 | €2,178 | €2,303 | +€125 | +5.7% |
| Contributions | 10/11 | €300 | €300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,878 | €2,003 | +€125 | +6.7% |
| Amounts payable | 17/49 | €82,355 | €86,421 | +€4,066 | +4.9% |
| Amounts payable within one year | 42/48 | €64,673 | €63,325 | -€1,347 | -2.1% |
| Trade debts | 44 | €12,312 | €3,581 | -€8,731 | -70.9% |
| Suppliers | 440/4 | €12,312 | €3,581 | -€8,731 | -70.9% |
| Advances received on contracts in progress | 46 | €5,348 | €6,531 | +€1,182 | +22.1% |
| Taxes, remuneration and social security | 45 | €19,219 | €15,222 | -€3,997 | -20.8% |
| Taxes | 450/3 | €18,216 | €13,980 | -€4,236 | -23.3% |
| Remuneration and social security | 454/9 | €1,003 | €1,241 | +€238 | +23.8% |
| Other amounts payable | 47/48 | €27,793 | €37,992 | +€10,199 | +36.7% |
| Accrued charges and deferred income | 492/3 | €17,682 | €23,096 | +€5,414 | +30.6% |
| Remuneration, social security and pensions | 62 | €13,832 | €18,503 | +€4,671 | +33.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,777 | €9,839 | +€3,062 | +45.2% |
| Other operating charges | 640/8 | €477 | €586 | +€109 | +22.9% |
| Gross operating margin | 9900 | €31,785 | €61,342 | +€29,557 | +93.0% |
| Operating profit (loss) | 9901 | €10,699 | €32,413 | +€21,715 | +203.0% |
| Financial income | 75/76B | €987 | €2,670 | +€1,683 | +170.5% |
| Recurring financial income | 75 | €987 | €2,670 | +€1,683 | +170.5% |
| Financial charges | 65/66B | €2,177 | €2,059 | -€118 | -5.4% |
| Recurring financial charges | 65 | €2,177 | €2,059 | -€118 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €9,509 | €33,024 | +€23,516 | +247.3% |
| Income taxes | 67/77 | €2,047 | €1,899 | -€148 | -7.2% |
| Profit (loss) for the period | 9904 | €7,462 | €31,125 | +€23,663 | +317.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,462 | €31,125 | +€23,663 | +317.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.