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.
IMMO
Largest movements
- Intangible fixed assets +€30,000
new in 2025: €30,000
- Cash -€10,474
down €10,474 (-44.7%), from €23,440 to €12,967
mainly Investment in fixed assets (net) (-€30,000) and Net result for the year (-€9,051)
- Receivables within one year +€2,096
up €2,096 (+173.3%), from €1,209 to €3,305
of which Other amounts receivable: +€1,598
- Other debts +€30,564
up €30,564 (+768.0%), from €3,980 to €34,544
- Profit (loss) carried forward -€9,051
down €9,051 (-65.1%), from €13,898 to €4,847
- Gross operating margin -€5,873
down €5,873 (-209.4%), from -€2,805 to -€8,678
- Financial charges +€160
up €160 (+75.0%), from €213 to €373
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 | €26,716 | €47,864 | +€21,148 | +79.2% |
| Fixed assets | 21/28 | €1,580 | €31,580 | +€30,000 | +1898.7% |
| Intangible fixed assets | 21 | - | €30,000 | +€30,000 | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €1,580 | €1,580 | = | 0.0% |
| Current assets | 29/58 | €25,136 | €16,284 | -€8,852 | -35.2% |
| Amounts receivable within one year | 40/41 | €1,209 | €3,305 | +€2,096 | +173.3% |
| Trade receivables | 40 | - | €497 | +€497 | |
| Other amounts receivable | 41 | €1,209 | €2,808 | +€1,598 | +132.2% |
| Cash at bank and in hand | 54/58 | €23,440 | €12,967 | -€10,474 | -44.7% |
| Deferred charges and accrued income | 490/1 | €487 | €12 | -€475 | -97.5% |
| Total equity and liabilities | 10/49 | €26,716 | €47,864 | +€21,148 | +79.2% |
| Equity | 10/15 | €21,954 | €12,903 | -€9,051 | -41.2% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,898 | €4,847 | -€9,051 | -65.1% |
| Amounts payable | 17/49 | €4,762 | €34,961 | +€30,198 | +634.1% |
| Amounts payable within one year | 42/48 | €4,762 | €34,961 | +€30,198 | +634.1% |
| Trade debts | 44 | €783 | €417 | -€366 | -46.7% |
| Suppliers | 440/4 | €783 | €417 | -€366 | -46.7% |
| Other amounts payable | 47/48 | €3,980 | €34,544 | +€30,564 | +768.0% |
| Gross operating margin | 9900 | -€2,805 | -€8,678 | -€5,873 | -209.4% |
| Operating profit (loss) | 9901 | -€2,805 | -€8,678 | -€5,873 | -209.4% |
| Financial charges | 65/66B | €213 | €373 | +€160 | +75.0% |
| Recurring financial charges | 65 | €213 | €373 | +€160 | +75.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,018 | -€9,051 | -€6,033 | -199.9% |
| Profit (loss) for the period | 9904 | -€3,018 | -€9,051 | -€6,033 | -199.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,018 | -€9,051 | -€6,033 | -199.9% |
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.