Immo 208: 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 208
Largest movements
- Tangible fixed assets -€23,757
down €23,757 (-2.9%), from €813,711 to €789,954
- Debts after one year -€67,273
down €67,273 (-12.3%), from €548,122 to €480,849
- Profit (loss) carried forward +€30,889
up €30,889 (+60.8%), from €50,812 to €81,701
- Gross operating margin +€11,540
up €11,540 (+13.7%), from €84,197 to €95,737
- Taxes +€3,421
up €3,421 (+43.6%), from €7,845 to €11,266
- Other operating charges +€3,018
up €3,018 (+55.0%), from €5,485 to €8,503
- Financial charges -€1,639
down €1,639 (-7.0%), from €23,577 to €21,938
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 | €833,267 | €804,422 | -€28,845 | -3.5% |
| Fixed assets | 21/28 | €813,711 | €789,954 | -€23,757 | -2.9% |
| Tangible fixed assets | 22/27 | €813,711 | €789,954 | -€23,757 | -2.9% |
| Land and buildings | 22 | €813,711 | €789,954 | -€23,757 | -2.9% |
| Current assets | 29/58 | €19,556 | €14,468 | -€5,088 | -26.0% |
| Amounts receivable within one year | 40/41 | €17,509 | €13,619 | -€3,890 | -22.2% |
| Trade receivables | 40 | €4,505 | €8,597 | +€4,092 | +90.8% |
| Other amounts receivable | 41 | €13,004 | €5,022 | -€7,982 | -61.4% |
| Cash at bank and in hand | 54/58 | €2,047 | €849 | -€1,198 | -58.5% |
| Total equity and liabilities | 10/49 | €833,267 | €804,422 | -€28,845 | -3.5% |
| Equity | 10/15 | €58,872 | €89,761 | +€30,889 | +52.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,812 | €81,701 | +€30,889 | +60.8% |
| Provisions and deferred taxes | 16 | €10,000 | €10,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €10,000 | €10,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable | 17/49 | €764,395 | €704,661 | -€59,734 | -7.8% |
| Amounts payable after more than one year | 17 | €548,122 | €480,849 | -€67,273 | -12.3% |
| Financial debts | 170/4 | €548,122 | €480,849 | -€67,273 | -12.3% |
| Amounts payable within one year | 42/48 | €216,273 | €223,812 | +€7,539 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €65,369 | €67,274 | +€1,905 | +2.9% |
| Trade debts | 44 | €14,930 | €12,548 | -€2,382 | -16.0% |
| Suppliers | 440/4 | €14,930 | €12,548 | -€2,382 | -16.0% |
| Taxes, remuneration and social security | 45 | €14,918 | €19,111 | +€4,193 | +28.1% |
| Taxes | 450/3 | €14,918 | €19,111 | +€4,193 | +28.1% |
| Other amounts payable | 47/48 | €121,056 | €124,879 | +€3,823 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,755 | €23,757 | +€2 | 0.0% |
| Other operating charges | 640/8 | €5,485 | €8,503 | +€3,018 | +55.0% |
| Gross operating margin | 9900 | €84,197 | €95,737 | +€11,540 | +13.7% |
| Operating profit (loss) | 9901 | €54,957 | €63,477 | +€8,520 | +15.5% |
| Financial income | 75/76B | - | €616 | +€616 | |
| Recurring financial income | 75 | - | €616 | +€616 | |
| Financial charges | 65/66B | €23,577 | €21,938 | -€1,639 | -7.0% |
| Recurring financial charges | 65 | €23,577 | €21,938 | -€1,639 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €31,380 | €42,155 | +€10,775 | +34.3% |
| Income taxes | 67/77 | €7,845 | €11,266 | +€3,421 | +43.6% |
| Profit (loss) for the period | 9904 | €23,535 | €30,889 | +€7,354 | +31.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,535 | €30,889 | +€7,354 | +31.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.