Immo 25 juin: 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 25 juin
Largest movements
- Tangible fixed assets +€45,333
up €45,333 (+3.2%), from €1.4m to €1.4m
of which Land and buildings: +€283,881
- Cash +€34,360
up €34,360 (+4,188%), from €821 to €35,180
mainly Net result for the year (+€42,098) and Depreciation (+€37,039)
- Profit (loss) carried forward +€42,098
up €42,098, from -€34,042 to €8,056
- Debts after one year +€16,018
up €16,018 (+1.2%), from €1.4m to €1.4m
- Depreciation +€7,902
up €7,902 (+27.1%), from €29,138 to €37,039
- Financial charges +€4,691
up €4,691 (+22.5%), from €20,824 to €25,515
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 | €1,407,027 | €1,478,750 | +€71,723 | +5.1% |
| Fixed assets | 21/28 | €1,396,579 | €1,441,912 | +€45,333 | +3.2% |
| Tangible fixed assets | 22/27 | €1,396,579 | €1,441,912 | +€45,333 | +3.2% |
| Land and buildings | 22 | €1,158,031 | €1,441,912 | +€283,881 | +24.5% |
| Assets under construction and advance payments | 27 | €238,548 | €0 | -€238,548 | -100% |
| Current assets | 29/58 | €10,448 | €36,838 | +€26,390 | +253% |
| Amounts receivable within one year | 40/41 | €9,627 | €995 | -€8,632 | -89.7% |
| Trade receivables | 40 | - | €995 | +€995 | |
| Other amounts receivable | 41 | €9,627 | - | -€9,627 | |
| Cash at bank and in hand | 54/58 | €821 | €35,180 | +€34,360 | +4,188% |
| Deferred charges and accrued income | 490/1 | - | €663 | +€663 | |
| Total equity and liabilities | 10/49 | €1,407,027 | €1,478,750 | +€71,723 | +5.1% |
| Equity | 10/15 | -€24,042 | €18,056 | +€42,098 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,042 | €8,056 | +€42,098 | |
| Amounts payable | 17/49 | €1,431,069 | €1,460,694 | +€29,625 | +2.1% |
| Amounts payable after more than one year | 17 | €1,358,037 | €1,374,055 | +€16,018 | +1.2% |
| Financial debts | 170/4 | €1,358,037 | €1,374,055 | +€16,018 | +1.2% |
| Amounts payable within one year | 42/48 | €73,032 | €86,639 | +€13,607 | +18.6% |
| Current portion of amounts payable after more than one year | 42 | €73,032 | €78,759 | +€5,727 | +7.8% |
| Trade debts | 44 | - | €898 | +€898 | |
| Suppliers | 440/4 | - | €898 | +€898 | |
| Taxes, remuneration and social security | 45 | - | €1,537 | +€1,537 | |
| Taxes | 450/3 | - | €1,537 | +€1,537 | |
| Other amounts payable | 47/48 | - | €5,445 | +€5,445 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,138 | €37,039 | +€7,902 | +27.1% |
| Other operating charges | 640/8 | €5,788 | €6,801 | +€1,013 | +17.5% |
| Gross operating margin | 9900 | €111,985 | €111,987 | +€2 | 0.0% |
| Operating profit (loss) | 9901 | €77,060 | €68,147 | -€8,913 | -11.6% |
| Financial charges | 65/66B | €20,824 | €25,515 | +€4,691 | +22.5% |
| Recurring financial charges | 65 | €20,824 | €25,515 | +€4,691 | +22.5% |
| Profit (loss) for the period before taxes | 9903 | €56,236 | €42,632 | -€13,604 | -24.2% |
| Income taxes | 67/77 | - | €534 | +€534 | |
| Profit (loss) for the period | 9904 | €56,236 | €42,098 | -€14,138 | -25.1% |
| Profit (loss) for the period to be appropriated | 9905 | €56,236 | €42,098 | -€14,138 | -25.1% |
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 29 October 2026 via checked.be.