IMMO 153: 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 153
Largest movements
- Tangible fixed assets -€18,944
down €18,944 (-8.5%), from €222,334 to €203,390
- Short-term financial debts -€23,299
down €23,299 (-59.6%), from €39,100 to €15,801
- Debts after one year -€15,801
no longer reported in 2025 (was €15,801)
- Reserves +€15,800
up €15,800 (+59.8%), from €26,400 to €42,200
of which Distributable reserves: +€15,800
- Tax, wage and social debts +€3,638
up €3,638 (+81.5%), from €4,464 to €8,102
- Other debts +€2,750
up €2,750 (+31.7%), from €8,668 to €11,418
- Gross operating margin +€10,662
up €10,662 (+29.1%), from €36,662 to €47,324
- Taxes +€3,638
up €3,638 (+81.5%), from €4,464 to €8,102
- Other operating charges +€676
up €676 (+21.0%), from €3,213 to €3,889
- Financial charges -€557
down €557 (-49.9%), from €1,114 to €558
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 | €233,461 | €216,563 | -€16,898 | -7.2% |
| Fixed assets | 21/28 | €222,334 | €203,390 | -€18,944 | -8.5% |
| Tangible fixed assets | 22/27 | €222,334 | €203,390 | -€18,944 | -8.5% |
| Land and buildings | 22 | €222,334 | €203,390 | -€18,944 | -8.5% |
| Current assets | 29/58 | €11,127 | €13,173 | +€2,046 | +18.4% |
| Amounts receivable within one year | 40/41 | €8,333 | €9,903 | +€1,570 | +18.8% |
| Other amounts receivable | 41 | €8,333 | €9,903 | +€1,570 | +18.8% |
| Cash at bank and in hand | 54/58 | €2,794 | €3,270 | +€476 | +17.0% |
| Total equity and liabilities | 10/49 | €233,461 | €216,563 | -€16,898 | -7.2% |
| Equity | 10/15 | €157,571 | €173,403 | +€15,832 | +10.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €26,400 | €42,200 | +€15,800 | +59.8% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €23,900 | €39,700 | +€15,800 | +66.1% |
| Profit (loss) carried forward | 14 | €106,171 | €106,203 | +€32 | 0.0% |
| Amounts payable | 17/49 | €75,889 | €43,160 | -€32,729 | -43.1% |
| Amounts payable after more than one year | 17 | €15,801 | - | -€15,801 | |
| Financial debts | 170/4 | €15,801 | - | -€15,801 | |
| Amounts payable within one year | 42/48 | €52,232 | €35,321 | -€16,911 | -32.4% |
| Financial debts | 43 | €39,100 | €15,801 | -€23,299 | -59.6% |
| Credit institutions | 430/8 | €39,100 | €15,801 | -€23,299 | -59.6% |
| Taxes, remuneration and social security | 45 | €4,464 | €8,102 | +€3,638 | +81.5% |
| Taxes | 450/3 | €4,464 | €8,102 | +€3,638 | +81.5% |
| Other amounts payable | 47/48 | €8,668 | €11,418 | +€2,750 | +31.7% |
| Accrued charges and deferred income | 492/3 | €7,856 | €7,839 | -€17 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,944 | €18,944 | = | 0.0% |
| Other operating charges | 640/8 | €3,213 | €3,889 | +€676 | +21.0% |
| Gross operating margin | 9900 | €36,662 | €47,324 | +€10,662 | +29.1% |
| Operating profit (loss) | 9901 | €14,506 | €24,492 | +€9,986 | +68.8% |
| Financial charges | 65/66B | €1,114 | €558 | -€557 | -49.9% |
| Recurring financial charges | 65 | €1,114 | €558 | -€557 | -49.9% |
| Profit (loss) for the period before taxes | 9903 | €13,391 | €23,934 | +€10,543 | +78.7% |
| Income taxes | 67/77 | €4,464 | €8,102 | +€3,638 | +81.5% |
| Profit (loss) for the period | 9904 | €8,927 | €15,832 | +€6,904 | +77.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,927 | €15,832 | +€6,904 | +77.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.