IMMO 2021: 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 2021
Largest movements
- Receivables within one year -€20,176
down €20,176 (-95.7%), from €21,076 to €900
of which Other amounts receivable: -€21,076
- Tangible fixed assets -€6,327
down €6,327 (-3.3%), from €193,762 to €187,435
- Profit (loss) carried forward -€15,726
new in 2025: -€15,726
- Tax, wage and social debts -€6,383
down €6,383 (-99.7%), from €6,400 to €17
- Gross operating margin -€34,140
down €34,140, from €28,621 to -€5,519
- Taxes -€6,465
down €6,465 (-99.3%), from €6,508 to €43
- Depreciation +€1,209
up €1,209 (+23.6%), from €5,118 to €6,327
- Financial charges -€293
down €293 (-8.8%), from €3,332 to €3,039
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 | €362,949 | €338,773 | -€24,175 | -6.7% |
| Fixed assets | 21/28 | €193,762 | €187,435 | -€6,327 | -3.3% |
| Tangible fixed assets | 22/27 | €193,762 | €187,435 | -€6,327 | -3.3% |
| Land and buildings | 22 | €193,762 | €187,435 | -€6,327 | -3.3% |
| Current assets | 29/58 | €169,187 | €151,338 | -€17,848 | -10.5% |
| Amounts receivable within one year | 40/41 | €21,076 | €900 | -€20,176 | -95.7% |
| Trade receivables | 40 | - | €900 | +€900 | |
| Other amounts receivable | 41 | €21,076 | - | -€21,076 | |
| Cash at bank and in hand | 54/58 | €147,804 | €150,168 | +€2,365 | +1.6% |
| Deferred charges and accrued income | 490/1 | €307 | €270 | -€37 | -12.1% |
| Total equity and liabilities | 10/49 | €362,949 | €338,773 | -€24,175 | -6.7% |
| Equity | 10/15 | €28,439 | €12,712 | -€15,726 | -55.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €22,239 | €22,239 | = | 0.0% |
| Distributable reserves | 133 | €22,239 | €22,239 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€15,726 | -€15,726 | |
| Amounts payable | 17/49 | €334,510 | €326,061 | -€8,449 | -2.5% |
| Amounts payable after more than one year | 17 | €125,000 | €125,000 | = | 0.0% |
| Financial debts | 170/4 | €125,000 | €125,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €208,863 | €200,761 | -€8,101 | -3.9% |
| Trade debts | 44 | €2,463 | €744 | -€1,719 | -69.8% |
| Suppliers | 440/4 | €2,463 | €744 | -€1,719 | -69.8% |
| Taxes, remuneration and social security | 45 | €6,400 | €17 | -€6,383 | -99.7% |
| Taxes | 450/3 | €6,400 | €17 | -€6,383 | -99.7% |
| Other amounts payable | 47/48 | €200,000 | €200,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €647 | €300 | -€347 | -53.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,118 | €6,327 | +€1,209 | +23.6% |
| Other operating charges | 640/8 | €835 | €858 | +€23 | +2.8% |
| Gross operating margin | 9900 | €28,621 | -€5,519 | -€34,140 | |
| Operating profit (loss) | 9901 | €22,668 | -€12,704 | -€35,372 | |
| Financial income | 75/76B | - | €60 | +€60 | |
| Recurring financial income | 75 | - | €60 | +€60 | |
| Financial charges | 65/66B | €3,332 | €3,039 | -€293 | -8.8% |
| Recurring financial charges | 65 | €3,332 | €3,039 | -€293 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €19,336 | -€15,684 | -€35,019 | |
| Income taxes | 67/77 | €6,508 | €43 | -€6,465 | -99.3% |
| Profit (loss) for the period | 9904 | €12,827 | -€15,726 | -€28,554 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,827 | -€15,726 | -€28,554 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.