IMMO 2010: 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 2010
Largest movements
- Tangible fixed assets -€12,181
down €12,181 (-6.8%), from €180,104 to €167,923
- Cash +€11,078
up €11,078 (+31.2%), from €35,467 to €46,545
mainly Depreciation (+€12,181) and Other debts (+€1,021)
- Provisions -€2,411
down €2,411 (-7.4%), from €32,382 to €29,971
- Financial charges +€1,479
up €1,479 (+1073.9%), from €138 to €1,617
- Gross operating margin -€1,146
down €1,146 (-7.6%), from €14,984 to €13,837
- Depreciation -€610
down €610 (-4.8%), from €12,791 to €12,181
- Other operating charges +€208
up €208 (+7.6%), from €2,729 to €2,937
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 | €216,400 | €214,901 | -€1,499 | -0.7% |
| Fixed assets | 21/28 | €180,104 | €167,923 | -€12,181 | -6.8% |
| Tangible fixed assets | 22/27 | €180,104 | €167,923 | -€12,181 | -6.8% |
| Land and buildings | 22 | €180,104 | €167,923 | -€12,181 | -6.8% |
| Current assets | 29/58 | €36,296 | €46,978 | +€10,682 | +29.4% |
| Cash at bank and in hand | 54/58 | €35,467 | €46,545 | +€11,078 | +31.2% |
| Deferred charges and accrued income | 490/1 | €828 | €433 | -€396 | -47.8% |
| Total equity and liabilities | 10/49 | €216,400 | €214,901 | -€1,499 | -0.7% |
| Equity | 10/15 | €162,520 | €162,211 | -€308 | -0.2% |
| Contributions | 10/11 | €61,987 | €61,987 | = | 0.0% |
| Capital | 10 | €61,987 | €61,987 | = | 0.0% |
| Issued capital | 100 | €61,987 | €61,987 | = | 0.0% |
| Reserves | 13 | €100,533 | €100,225 | -€308 | -0.3% |
| Non-distributable reserves | 130/1 | €3,000 | €3,218 | +€219 | +7.3% |
| Legal reserve | 130 | €3,000 | €3,218 | +€219 | +7.3% |
| Tax-exempt reserves | 132 | €62,888 | €58,206 | -€4,682 | -7.4% |
| Distributable reserves | 133 | €34,646 | €38,801 | +€4,155 | +12.0% |
| Provisions and deferred taxes | 16 | €32,382 | €29,971 | -€2,411 | -7.4% |
| Deferred taxes | 168 | €32,382 | €29,971 | -€2,411 | -7.4% |
| Amounts payable | 17/49 | €21,498 | €22,718 | +€1,220 | +5.7% |
| Amounts payable within one year | 42/48 | €20,848 | €22,068 | +€1,220 | +5.9% |
| Trade debts | 44 | €239 | €0 | -€239 | -100.0% |
| Suppliers | 440/4 | €239 | €0 | -€239 | -100.0% |
| Taxes, remuneration and social security | 45 | - | €438 | +€438 | |
| Taxes | 450/3 | - | €438 | +€438 | |
| Other amounts payable | 47/48 | €20,609 | €21,630 | +€1,021 | +5.0% |
| Accrued charges and deferred income | 492/3 | €650 | €650 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,791 | €12,181 | -€610 | -4.8% |
| Other operating charges | 640/8 | €2,729 | €2,937 | +€208 | +7.6% |
| Gross operating margin | 9900 | €14,984 | €13,837 | -€1,146 | -7.6% |
| Operating profit (loss) | 9901 | -€536 | -€1,281 | -€744 | -138.8% |
| Financial income | 75/76B | €111 | €178 | +€67 | +60.4% |
| Recurring financial income | 75 | €111 | €178 | +€67 | +60.4% |
| Financial charges | 65/66B | €138 | €1,617 | +€1,479 | +1073.9% |
| Recurring financial charges | 65 | €138 | €1,617 | +€1,479 | +1073.9% |
| Profit (loss) for the period before taxes | 9903 | -€563 | -€2,719 | -€2,156 | -383.2% |
| Transfer from deferred taxes | 780 | €2,411 | €2,411 | = | 0.0% |
| Profit (loss) for the period | 9904 | €1,848 | -€308 | -€2,156 | |
| Transfer from tax-exempt reserves | 789 | €4,682 | €4,682 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,530 | €4,374 | -€2,156 | -33.0% |
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 2 October 2026 via checked.be.