IMMO 23: 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 23
Largest movements
- Financial fixed assets -€44,000
down €44,000 (-100.0%), from €44,000 to €0
- Tangible fixed assets -€5,793
down €5,793 (-7.6%), from €75,980 to €70,187
- Other debts -€47,871
down €47,871 (-37.4%), from €128,109 to €80,238
- Tax, wage and social debts -€4,688
no longer reported in 2025 (was €4,688)
- Profit (loss) carried forward +€2,767
up €2,767 (+8.8%), from -€31,409 to -€28,642
- Provisions -€5,793
no longer reported in 2025 (was €5,793)
- Depreciation +€5,793
new in 2025: €5,793
- Gross operating margin +€1,246
up €1,246 (+14.1%), from €8,832 to €10,078
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €119,980 | €70,187 | -€49,793 | -41.5% |
| Fixed assets | 21/28 | €119,980 | €70,187 | -€49,793 | -41.5% |
| Tangible fixed assets | 22/27 | €75,980 | €70,187 | -€5,793 | -7.6% |
| Other tangible fixed assets | 26 | €75,980 | €70,187 | -€5,793 | -7.6% |
| Financial fixed assets | 28 | €44,000 | €0 | -€44,000 | -100.0% |
| Total equity and liabilities | 10/49 | €119,980 | €70,187 | -€49,793 | -41.5% |
| Equity | 10/15 | -€12,817 | -€10,050 | +€2,767 | +21.6% |
| Contributions | 10/11 | €18,592 | €18,592 | -€0 | 0.0% |
| Capital | 10 | €18,592 | €18,592 | -€0 | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€31,409 | -€28,642 | +€2,767 | +8.8% |
| Amounts payable | 17/49 | €132,797 | €80,238 | -€52,559 | -39.6% |
| Amounts payable within one year | 42/48 | €132,797 | €80,238 | -€52,559 | -39.6% |
| Taxes, remuneration and social security | 45 | €4,688 | - | -€4,688 | |
| Remuneration and social security | 454/9 | €4,688 | - | -€4,688 | |
| Other amounts payable | 47/48 | €128,109 | €80,238 | -€47,871 | -37.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,793 | +€5,793 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €5,793 | - | -€5,793 | |
| Other operating charges | 640/8 | €1,520 | €1,518 | -€2 | -0.2% |
| Gross operating margin | 9900 | €8,832 | €10,078 | +€1,246 | +14.1% |
| Operating profit (loss) | 9901 | €1,519 | €2,768 | +€1,249 | +82.2% |
| Profit (loss) for the period before taxes | 9903 | €1,519 | €2,768 | +€1,249 | +82.2% |
| Profit (loss) for the period | 9904 | €1,519 | €2,768 | +€1,249 | +82.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,519 | €2,768 | +€1,249 | +82.2% |
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 9 October 2026 via checked.be.