IMMO 163: 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 163
Largest movements
- Receivables within one year +€5,325
up €5,325 (+19.9%), from €26,791 to €32,116
of which Other amounts receivable: +€9,318
- Tangible fixed assets -€2,999
down €2,999 (-5.8%), from €51,591 to €48,592
of which Land and buildings: -€2,823
- Deferred charges and accrued income +€2,400
up €2,400 (+142%), from €1,695 to €4,095
- Cash -€1,537
down €1,537 (-98.9%), from €1,555 to €17
mainly Receivables within one year (-€5,325) and Deferred charges and accrued income (-€2,400)
- Trade debts +€3,078
up €3,078 (+357%), from €862 to €3,941
- Gross operating margin -€12,589
down €12,589 (-64.0%), from €19,671 to €7,082
- Financial income +€427
up €427 (+45.6%), from €935 to €1,361
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 | €81,632 | €84,821 | +€3,189 | +3.9% |
| Fixed assets | 21/28 | €51,591 | €48,592 | -€2,999 | -5.8% |
| Tangible fixed assets | 22/27 | €51,591 | €48,592 | -€2,999 | -5.8% |
| Land and buildings | 22 | €48,643 | €45,820 | -€2,823 | -5.8% |
| Plant, machinery and equipment | 23 | €2,947 | €2,772 | -€176 | -6.0% |
| Current assets | 29/58 | €30,041 | €36,229 | +€6,188 | +20.6% |
| Amounts receivable within one year | 40/41 | €26,791 | €32,116 | +€5,325 | +19.9% |
| Trade receivables | 40 | €3,993 | - | -€3,993 | |
| Other amounts receivable | 41 | €22,798 | €32,116 | +€9,318 | +40.9% |
| Cash at bank and in hand | 54/58 | €1,555 | €17 | -€1,537 | -98.9% |
| Deferred charges and accrued income | 490/1 | €1,695 | €4,095 | +€2,400 | +142% |
| Total equity and liabilities | 10/49 | €81,632 | €84,821 | +€3,189 | +3.9% |
| Equity | 10/15 | €80,470 | €80,580 | +€111 | +0.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €2,626 | €2,632 | +€6 | +0.2% |
| Non-distributable reserves | 130/1 | €2,626 | €2,632 | +€6 | +0.2% |
| Legal reserve | 130 | €2,626 | €2,632 | +€6 | +0.2% |
| Profit (loss) carried forward | 14 | €15,870 | €15,975 | +€105 | +0.7% |
| Amounts payable | 17/49 | €1,162 | €4,241 | +€3,078 | +265% |
| Amounts payable within one year | 42/48 | €1,162 | €4,241 | +€3,078 | +265% |
| Trade debts | 44 | €862 | €3,941 | +€3,078 | +357% |
| Suppliers | 440/4 | €862 | €3,941 | +€3,078 | +357% |
| Other amounts payable | 47/48 | €300 | €300 | = | 0.0% |
| Non-recurring operating income | 76A | €2,500 | - | -€2,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,999 | €2,999 | = | 0.0% |
| Other operating charges | 640/8 | €5,133 | €5,291 | +€158 | +3.1% |
| Gross operating margin | 9900 | €19,671 | €7,082 | -€12,589 | -64.0% |
| Operating profit (loss) | 9901 | €11,539 | -€1,208 | -€12,748 | |
| Financial income | 75/76B | €935 | €1,361 | +€427 | +45.6% |
| Recurring financial income | 75 | €935 | €1,361 | +€427 | +45.6% |
| Financial charges | 65/66B | €42 | €42 | = | 0.0% |
| Recurring financial charges | 65 | €42 | €42 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €12,432 | €111 | -€12,321 | -99.1% |
| Profit (loss) for the period | 9904 | €12,432 | €111 | -€12,321 | -99.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,432 | €111 | -€12,321 | -99.1% |
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 13 October 2026 via checked.be.