IMMO 21: 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 21
Largest movements
- Cash +€21,652
up €21,652 (+38.2%), from €56,737 to €78,389
mainly Net result for the year (+€16,227) and Other debts (+€4,800)
- Profit (loss) carried forward +€16,227
up €16,227 (+22.0%), from €73,700 to €89,927
- Other debts +€4,800
up €4,800 (+5.3%), from €90,429 to €95,229
- Taxes -€7,322
down €7,322 (-64.0%), from €11,436 to €4,114
- Gross operating margin +€3,793
up €3,793 (+15.0%), from €25,304 to €29,097
- Other operating charges -€1,246
down €1,246 (-13.5%), from €9,196 to €7,950
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.
Derived cash bridge
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 | €198,041 | €219,068 | +€21,027 | +10.6% |
| Fixed assets | 21/28 | €141,304 | €140,679 | -€625 | -0.4% |
| Tangible fixed assets | 22/27 | €141,304 | €140,679 | -€625 | -0.4% |
| Land and buildings | 22 | €140,054 | €140,054 | = | 0.0% |
| Furniture and vehicles | 24 | €1,250 | €625 | -€625 | -50.0% |
| Current assets | 29/58 | €56,737 | €78,389 | +€21,652 | +38.2% |
| Cash at bank and in hand | 54/58 | €56,737 | €78,389 | +€21,652 | +38.2% |
| Total equity and liabilities | 10/49 | €198,041 | €219,068 | +€21,027 | +10.6% |
| Equity | 10/15 | €107,612 | €123,839 | +€16,227 | +15.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | - | -€18,592 | |
| Issued capital | 100 | €18,592 | - | -€18,592 | |
| Reserves | 13 | €15,320 | €15,320 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | - | €1,859 | +€1,859 | |
| Distributable reserves | 133 | €13,461 | €13,461 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,700 | €89,927 | +€16,227 | +22.0% |
| Amounts payable | 17/49 | €90,429 | €95,229 | +€4,800 | +5.3% |
| Amounts payable within one year | 42/48 | €90,429 | €95,229 | +€4,800 | +5.3% |
| Other amounts payable | 47/48 | €90,429 | €95,229 | +€4,800 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €625 | €625 | = | 0.0% |
| Other operating charges | 640/8 | €9,196 | €7,950 | -€1,246 | -13.5% |
| Gross operating margin | 9900 | €25,304 | €29,097 | +€3,793 | +15.0% |
| Operating profit (loss) | 9901 | €15,483 | €20,522 | +€5,039 | +32.5% |
| Financial charges | 65/66B | €69 | €181 | +€112 | +162% |
| Recurring financial charges | 65 | €69 | €181 | +€112 | +162% |
| Profit (loss) for the period before taxes | 9903 | €15,414 | €20,341 | +€4,927 | +32.0% |
| Income taxes | 67/77 | €11,436 | €4,114 | -€7,322 | -64.0% |
| Profit (loss) for the period | 9904 | €3,978 | €16,227 | +€12,249 | +308% |
| Profit (loss) for the period to be appropriated | 9905 | €3,978 | €16,227 | +€12,249 | +308% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.