IMMO 2000: 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 2000
Largest movements
- Receivables within one year +€36,692
new in 2025: €36,692
- Tangible fixed assets -€24,383
down €24,383 (-1.8%), from €1.3m to €1.3m
of which Land and buildings: -€23,747
- Cash +€20,030
up €20,030 (+165.1%), from €12,134 to €32,165
mainly Net result for the year (+€109,381) and Depreciation (+€24,383)
- Reserves +€109,381
up €109,381 (+298.8%), from €36,603 to €145,984
of which Distributable reserves: +€110,114
- Other debts -€51,830
down €51,830 (-44.0%), from €117,856 to €66,025
- Debts after one year -€32,340
down €32,340 (-18.4%), from €175,543 to €143,204
- Financial income +€90,096
up €90,096 (+800138.9%), from €11 to €90,107
- Gross operating margin +€14,894
up €14,894 (+19.6%), from €75,977 to €90,871
- Taxes +€14,078
up €14,078 (+149.6%), from €9,414 to €23,492
- Financial charges -€2,408
down €2,408 (-16.8%), from €14,348 to €11,940
- Depreciation -€1,680
down €1,680 (-6.4%), from €26,064 to €24,383
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 | €1,424,910 | €1,457,207 | +€32,297 | +2.3% |
| Fixed assets | 21/28 | €1,411,929 | €1,387,545 | -€24,383 | -1.7% |
| Tangible fixed assets | 22/27 | €1,349,929 | €1,325,545 | -€24,383 | -1.8% |
| Land and buildings | 22 | €1,344,358 | €1,320,611 | -€23,747 | -1.8% |
| Plant, machinery and equipment | 23 | €5,571 | €4,935 | -€636 | -11.4% |
| Financial fixed assets | 28 | €62,000 | €62,000 | = | 0.0% |
| Current assets | 29/58 | €12,981 | €69,662 | +€56,681 | +436.6% |
| Amounts receivable within one year | 40/41 | - | €36,692 | +€36,692 | |
| Other amounts receivable | 41 | - | €36,692 | +€36,692 | |
| Cash at bank and in hand | 54/58 | €12,134 | €32,165 | +€20,030 | +165.1% |
| Deferred charges and accrued income | 490/1 | €846 | €805 | -€42 | -4.9% |
| Total equity and liabilities | 10/49 | €1,424,910 | €1,457,207 | +€32,297 | +2.3% |
| Equity | 10/15 | €1,068,561 | €1,177,941 | +€109,381 | +10.2% |
| Contributions | 10/11 | €187,000 | €187,000 | = | 0.0% |
| Capital | 10 | €187,000 | €187,000 | = | 0.0% |
| Issued capital | 100 | €187,000 | €187,000 | = | 0.0% |
| Revaluation surpluses | 12 | €744,519 | €744,519 | = | 0.0% |
| Reserves | 13 | €36,603 | €145,984 | +€109,381 | +298.8% |
| Non-distributable reserves | 130/1 | €16,347 | €15,613 | -€734 | -4.5% |
| Legal reserve | 130 | €16,347 | €15,613 | -€734 | -4.5% |
| Distributable reserves | 133 | €20,256 | €130,370 | +€110,114 | +543.6% |
| Profit (loss) carried forward | 14 | €100,438 | €100,438 | = | 0.0% |
| Amounts payable | 17/49 | €356,349 | €279,266 | -€77,083 | -21.6% |
| Amounts payable after more than one year | 17 | €175,543 | €143,204 | -€32,340 | -18.4% |
| Financial debts | 170/4 | €175,543 | €143,204 | -€32,340 | -18.4% |
| Amounts payable within one year | 42/48 | €169,575 | €125,448 | -€44,126 | -26.0% |
| Current portion of amounts payable after more than one year | 42 | €35,070 | €32,340 | -€2,731 | -7.8% |
| Trade debts | 44 | €2,935 | €5,180 | +€2,245 | +76.5% |
| Suppliers | 440/4 | €2,935 | €5,180 | +€2,245 | +76.5% |
| Taxes, remuneration and social security | 45 | €13,714 | €21,903 | +€8,190 | +59.7% |
| Taxes | 450/3 | €13,714 | €21,903 | +€8,190 | +59.7% |
| Other amounts payable | 47/48 | €117,856 | €66,025 | -€51,830 | -44.0% |
| Accrued charges and deferred income | 492/3 | €11,231 | €10,614 | -€617 | -5.5% |
| Non-recurring operating income | 76A | €1,158 | - | -€1,158 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,064 | €24,383 | -€1,680 | -6.4% |
| Other operating charges | 640/8 | €11,487 | €11,782 | +€295 | +2.6% |
| Gross operating margin | 9900 | €75,977 | €90,871 | +€14,894 | +19.6% |
| Operating profit (loss) | 9901 | €38,426 | €54,705 | +€16,279 | +42.4% |
| Financial income | 75/76B | €11 | €90,107 | +€90,096 | +800138.9% |
| Recurring financial income | 75 | €11 | €90,107 | +€90,096 | +800138.9% |
| Financial charges | 65/66B | €14,348 | €11,940 | -€2,408 | -16.8% |
| Recurring financial charges | 65 | €14,348 | €11,940 | -€2,408 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | €24,090 | €132,872 | +€108,783 | +451.6% |
| Income taxes | 67/77 | €9,414 | €23,492 | +€14,078 | +149.6% |
| Profit (loss) for the period | 9904 | €14,676 | €109,381 | +€94,704 | +645.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,676 | €109,381 | +€94,704 | +645.3% |
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 4 October 2026 via checked.be.