IMMINVEST: 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.
IMMINVEST
Largest movements
- Tangible fixed assets +€15,153
up €15,153 (+2.3%), from €661,392 to €676,546
of which Land and buildings: +€10,985
- Other debts +€50,245
up €50,245 (+37.3%), from €134,633 to €184,878
- Debts after one year -€42,487
down €42,487 (-8.6%), from €494,506 to €452,019
- Profit (loss) carried forward +€7,824
up €7,824 (+18.5%), from -€42,236 to -€34,413
- Other operating charges +€4,287
up €4,287 (+78.3%), from €5,478 to €9,765
- Financial charges -€3,093
down €3,093 (-29.0%), from €10,678 to €7,585
- Taxes +€2,931
new in 2025: €2,931
- Depreciation +€1,509
up €1,509 (+6.3%), from €24,071 to €25,580
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 | €694,615 | €712,791 | +€18,175 | +2.6% |
| Fixed assets | 21/28 | €661,392 | €676,546 | +€15,153 | +2.3% |
| Tangible fixed assets | 22/27 | €661,392 | €676,546 | +€15,153 | +2.3% |
| Land and buildings | 22 | €632,716 | €643,700 | +€10,985 | +1.7% |
| Plant, machinery and equipment | 23 | €28,676 | €32,845 | +€4,169 | +14.5% |
| Current assets | 29/58 | €33,223 | €36,245 | +€3,022 | +9.1% |
| Stocks and contracts in progress | 3 | €20,152 | €20,152 | = | 0.0% |
| Stocks | 30/36 | €20,152 | €20,152 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,150 | €1,150 | = | 0.0% |
| Other amounts receivable | 41 | €1,150 | €1,150 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €10,483 | €13,827 | +€3,344 | +31.9% |
| Deferred charges and accrued income | 490/1 | €1,437 | €1,115 | -€322 | -22.4% |
| Total equity and liabilities | 10/49 | €694,615 | €712,791 | +€18,175 | +2.6% |
| Equity | 10/15 | €22,362 | €30,186 | +€7,824 | +35.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €3,099 | €3,099 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,236 | -€34,413 | +€7,824 | +18.5% |
| Amounts payable | 17/49 | €672,253 | €682,605 | +€10,351 | +1.5% |
| Amounts payable after more than one year | 17 | €494,506 | €452,019 | -€42,487 | -8.6% |
| Financial debts | 170/4 | €494,506 | €452,019 | -€42,487 | -8.6% |
| Amounts payable within one year | 42/48 | €177,747 | €230,586 | +€52,839 | +29.7% |
| Current portion of amounts payable after more than one year | 42 | €42,487 | €42,487 | = | 0.0% |
| Trade debts | 44 | €626 | €290 | -€337 | -53.7% |
| Suppliers | 440/4 | €626 | €290 | -€337 | -53.7% |
| Taxes, remuneration and social security | 45 | - | €2,931 | +€2,931 | |
| Taxes | 450/3 | - | €2,931 | +€2,931 | |
| Other amounts payable | 47/48 | €134,633 | €184,878 | +€50,245 | +37.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,071 | €25,580 | +€1,509 | +6.3% |
| Other operating charges | 640/8 | €5,478 | €9,765 | +€4,287 | +78.3% |
| Gross operating margin | 9900 | €53,436 | €53,684 | +€248 | +0.5% |
| Operating profit (loss) | 9901 | €23,888 | €18,339 | -€5,549 | -23.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €10,678 | €7,585 | -€3,093 | -29.0% |
| Recurring financial charges | 65 | €10,678 | €7,585 | -€3,093 | -29.0% |
| Profit (loss) for the period before taxes | 9903 | €13,210 | €10,754 | -€2,455 | -18.6% |
| Income taxes | 67/77 | - | €2,931 | +€2,931 | |
| Profit (loss) for the period | 9904 | €13,210 | €7,824 | -€5,386 | -40.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,210 | €7,824 | -€5,386 | -40.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.