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
- Current investments +€50,000
up €50,000 (+16.7%), from €300,000 to €350,000
- Cash +€42,079
up €42,079 (+259.2%), from €16,232 to €58,312
mainly Depreciation (+€37,094) and Net result for the year (+€22,852)
- Tangible fixed assets -€37,094
down €37,094 (-19.4%), from €190,929 to €153,836
of which Land and buildings: -€30,840
- Stocks and contracts -€13,349
down €13,349 (-7.2%), from €186,173 to €172,824
- Reserves +€22,852
up €22,852 (+11.5%), from €199,535 to €222,387
of which Distributable reserves: +€29,192
- Other debts +€12,833
up €12,833 (+45.7%), from €28,068 to €40,901
- Gross operating margin -€6,904
down €6,904 (-8.8%), from €78,848 to €71,943
- Financial charges -€2,907
down €2,907 (-90.5%), from €3,212 to €306
- Depreciation -€1,873
down €1,873 (-4.8%), from €38,966 to €37,094
- Financial income +€1,830
up €1,830 (+32.0%), from €5,716 to €7,546
- Other operating charges +€1,531
up €1,531 (+31.3%), from €4,900 to €6,431
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 | €705,898 | €748,416 | +€42,518 | +6.0% |
| Fixed assets | 21/28 | €192,239 | €155,146 | -€37,094 | -19.3% |
| Tangible fixed assets | 22/27 | €190,929 | €153,836 | -€37,094 | -19.4% |
| Land and buildings | 22 | €176,714 | €145,875 | -€30,840 | -17.5% |
| Plant, machinery and equipment | 23 | €0 | €0 | -€0 | -100.0% |
| Furniture and vehicles | 24 | €14,215 | €7,961 | -€6,254 | -44.0% |
| Financial fixed assets | 28 | €1,310 | €1,310 | = | 0.0% |
| Current assets | 29/58 | €513,658 | €593,270 | +€79,612 | +15.5% |
| Stocks and contracts in progress | 3 | €186,173 | €172,824 | -€13,349 | -7.2% |
| Stocks | 30/36 | €186,173 | €172,824 | -€13,349 | -7.2% |
| Amounts receivable within one year | 40/41 | €7,664 | €6,547 | -€1,117 | -14.6% |
| Trade receivables | 40 | €5,495 | €339 | -€5,156 | -93.8% |
| Other amounts receivable | 41 | €2,169 | €6,208 | +€4,039 | +186.2% |
| Current investments | 50/53 | €300,000 | €350,000 | +€50,000 | +16.7% |
| Cash at bank and in hand | 54/58 | €16,232 | €58,312 | +€42,079 | +259.2% |
| Deferred charges and accrued income | 490/1 | €3,588 | €5,587 | +€1,999 | +55.7% |
| Total equity and liabilities | 10/49 | €705,898 | €748,416 | +€42,518 | +6.0% |
| Equity | 10/15 | €667,473 | €690,325 | +€22,852 | +3.4% |
| Contributions | 10/11 | €465,200 | €465,200 | = | 0.0% |
| Reserves | 13 | €199,535 | €222,387 | +€22,852 | +11.5% |
| Tax-exempt reserves | 132 | €31,699 | €25,359 | -€6,340 | -20.0% |
| Distributable reserves | 133 | €167,836 | €197,028 | +€29,192 | +17.4% |
| Profit (loss) carried forward | 14 | €2,738 | €2,738 | = | 0.0% |
| Provisions and deferred taxes | 16 | €7,925 | €6,340 | -€1,585 | -20.0% |
| Deferred taxes | 168 | €7,925 | €6,340 | -€1,585 | -20.0% |
| Amounts payable | 17/49 | €30,500 | €51,751 | +€21,251 | +69.7% |
| Amounts payable within one year | 42/48 | €30,500 | €51,751 | +€21,251 | +69.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €2,369 | €9,208 | +€6,839 | +288.6% |
| Suppliers | 440/4 | €2,369 | €9,208 | +€6,839 | +288.6% |
| Taxes, remuneration and social security | 45 | €62 | €1,641 | +€1,579 | +2531.4% |
| Taxes | 450/3 | €62 | €1,641 | +€1,579 | +2531.4% |
| Other amounts payable | 47/48 | €28,068 | €40,901 | +€12,833 | +45.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,966 | €37,094 | -€1,873 | -4.8% |
| Other operating charges | 640/8 | €4,900 | €6,431 | +€1,531 | +31.3% |
| Gross operating margin | 9900 | €78,848 | €71,943 | -€6,904 | -8.8% |
| Operating profit (loss) | 9901 | €34,982 | €28,419 | -€6,563 | -18.8% |
| Financial income | 75/76B | €5,716 | €7,546 | +€1,830 | +32.0% |
| Recurring financial income | 75 | €5,716 | €7,546 | +€1,830 | +32.0% |
| Financial charges | 65/66B | €3,212 | €306 | -€2,907 | -90.5% |
| Recurring financial charges | 65 | €3,212 | €306 | -€2,907 | -90.5% |
| Profit (loss) for the period before taxes | 9903 | €37,485 | €35,659 | -€1,826 | -4.9% |
| Transfer from deferred taxes | 780 | €1,585 | €1,585 | = | 0.0% |
| Income taxes | 67/77 | €15,903 | €14,392 | -€1,512 | -9.5% |
| Profit (loss) for the period | 9904 | €23,167 | €22,852 | -€314 | -1.4% |
| Transfer from tax-exempt reserves | 789 | €6,340 | €6,340 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €29,506 | €29,192 | -€314 | -1.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.