IMMO 16 EXPERT: 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.
IMMO 16 EXPERT
Largest movements
- Cash -€7,057
down €7,057 (-32.7%), from €21,578 to €14,521
mainly Other debts (-€10,769) and Net result for the year (-€9,622)
- Receivables within one year +€6,001
up €6,001 (+501%), from €1,198 to €7,200
of which Trade receivables: +€4,501
- Tangible fixed assets -€4,840
down €4,840 (-9.1%), from €52,916 to €48,076
- Trade debts +€16,117
up €16,117 (+920%), from €1,752 to €17,870
- Other debts -€10,769
down €10,769 (-24.2%), from €44,499 to €33,730
- Profit (loss) carried forward -€9,622
down €9,622 (-65.4%), from €14,715 to €5,092
- Tax, wage and social debts -€1,725
down €1,725 (-43.7%), from €3,951 to €2,226
- Depreciation +€6,203
up €6,203 (+78.8%), from €7,867 to €14,070
- Gross operating margin -€3,582
down €3,582 (-38.1%), from €9,405 to €5,823
- Taxes -€898
down €898 (-57.5%), from €1,562 to €664
- Other operating charges -€163
down €163 (-21.1%), from €773 to €610
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 | €76,777 | €70,778 | -€5,999 | -7.8% |
| Fixed assets | 21/28 | €52,916 | €48,076 | -€4,840 | -9.1% |
| Tangible fixed assets | 22/27 | €52,916 | €48,076 | -€4,840 | -9.1% |
| Furniture and vehicles | 24 | €52,916 | €48,076 | -€4,840 | -9.1% |
| Current assets | 29/58 | €23,861 | €22,702 | -€1,158 | -4.9% |
| Amounts receivable within one year | 40/41 | €1,198 | €7,200 | +€6,001 | +501% |
| Trade receivables | 40 | €932 | €5,433 | +€4,501 | +483% |
| Other amounts receivable | 41 | €267 | €1,767 | +€1,500 | +563% |
| Cash at bank and in hand | 54/58 | €21,578 | €14,521 | -€7,057 | -32.7% |
| Deferred charges and accrued income | 490/1 | €1,084 | €981 | -€103 | -9.5% |
| Total equity and liabilities | 10/49 | €76,777 | €70,778 | -€5,999 | -7.8% |
| Equity | 10/15 | €26,575 | €16,952 | -€9,622 | -36.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,715 | €5,092 | -€9,622 | -65.4% |
| Amounts payable | 17/49 | €50,202 | €53,826 | +€3,623 | +7.2% |
| Amounts payable within one year | 42/48 | €50,202 | €53,826 | +€3,623 | +7.2% |
| Trade debts | 44 | €1,752 | €17,870 | +€16,117 | +920% |
| Suppliers | 440/4 | €1,752 | €17,870 | +€16,117 | +920% |
| Taxes, remuneration and social security | 45 | €3,951 | €2,226 | -€1,725 | -43.7% |
| Taxes | 450/3 | €3,951 | €2,226 | -€1,725 | -43.7% |
| Other amounts payable | 47/48 | €44,499 | €33,730 | -€10,769 | -24.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,867 | €14,070 | +€6,203 | +78.8% |
| Other operating charges | 640/8 | €773 | €610 | -€163 | -21.1% |
| Gross operating margin | 9900 | €9,405 | €5,823 | -€3,582 | -38.1% |
| Operating profit (loss) | 9901 | €765 | -€8,857 | -€9,622 | |
| Financial income | 75/76B | €8 | €0 | -€8 | -100% |
| Recurring financial income | 75 | €8 | €0 | -€8 | -100% |
| Financial charges | 65/66B | €51 | €101 | +€50 | +98.7% |
| Recurring financial charges | 65 | €51 | €101 | +€50 | +98.7% |
| Profit (loss) for the period before taxes | 9903 | €721 | -€8,958 | -€9,680 | |
| Income taxes | 67/77 | €1,562 | €664 | -€898 | -57.5% |
| Profit (loss) for the period | 9904 | -€841 | -€9,622 | -€8,781 | -1,044% |
| Profit (loss) for the period to be appropriated | 9905 | -€841 | -€9,622 | -€8,781 | -1,044% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.