Immo 19: 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 19
Largest movements
- Tangible fixed assets -€19,990
down €19,990 (-9.1%), from €219,913 to €199,923
- Debts after one year -€20,239
down €20,239 (-6.5%), from €310,290 to €290,051
of which Other amounts payable: -€157,000
- Depreciation -€2,665
down €2,665 (-11.8%), from €22,655 to €19,990
- Purchases and services +€2,155
new in 2025: €2,155
- Gross operating margin +€629
up €629 (+2.3%), from €27,216 to €27,845
- Financial charges -€354
down €354 (-6.1%), from €5,794 to €5,440
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 | €261,143 | €243,676 | -€17,468 | -6.7% |
| Fixed assets | 21/28 | €219,913 | €199,923 | -€19,990 | -9.1% |
| Tangible fixed assets | 22/27 | €219,913 | €199,923 | -€19,990 | -9.1% |
| Land and buildings | 22 | €219,913 | €199,923 | -€19,990 | -9.1% |
| Current assets | 29/58 | €41,230 | €43,752 | +€2,522 | +6.1% |
| Cash at bank and in hand | 54/58 | €41,230 | €43,752 | +€2,522 | +6.1% |
| Total equity and liabilities | 10/49 | €261,143 | €243,676 | -€17,468 | -6.7% |
| Equity | 10/15 | -€73,662 | -€71,247 | +€2,416 | +3.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€92,262 | -€89,847 | +€2,416 | +2.6% |
| Amounts payable | 17/49 | €334,805 | €314,922 | -€19,883 | -5.9% |
| Amounts payable after more than one year | 17 | €310,290 | €290,051 | -€20,239 | -6.5% |
| Financial debts | 170/4 | €153,290 | €290,051 | +€136,761 | +89.2% |
| Other amounts payable | 178/9 | €157,000 | - | -€157,000 | |
| Amounts payable within one year | 42/48 | €24,516 | €24,871 | +€356 | +1.5% |
| Current portion of amounts payable after more than one year | 42 | €19,883 | €20,239 | +€356 | +1.8% |
| Other amounts payable | 47/48 | €4,632 | €4,632 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €2,155 | +€2,155 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,655 | €19,990 | -€2,665 | -11.8% |
| Gross operating margin | 9900 | €27,216 | €27,845 | +€629 | +2.3% |
| Operating profit (loss) | 9901 | €4,561 | €7,855 | +€3,294 | +72.2% |
| Financial charges | 65/66B | €5,794 | €5,440 | -€354 | -6.1% |
| Recurring financial charges | 65 | €5,794 | €5,440 | -€354 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,233 | €2,416 | +€3,649 | |
| Profit (loss) for the period | 9904 | -€1,233 | €2,416 | +€3,649 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,233 | €2,416 | +€3,649 |
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 3 October 2026 via checked.be.