IMMO.255: 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.255
Largest movements
- Tangible fixed assets -€255,495
down €255,495 (-48.8%), from €523,066 to €267,571
of which Other tangible fixed assets: -€293,106
- Cash +€177,299
up €177,299 (+1,778%), from €9,974 to €187,273
mainly Net result for the year (+€412,451) and Investment in fixed assets (net) (+€224,845)
- Receivables within one year +€103,635
up €103,635 (+29,610%), from €350 to €103,985
of which Trade receivables: +€103,985
- Deferred charges and accrued income -€79,971
down €79,971 (-100%), from €79,971 to €0
- Financial fixed assets -€7,626
down €7,626 (-57.7%), from €13,227 to €5,601
- Profit (loss) carried forward +€341,423
up €341,423, from -€287,172 to €54,251
- Current portion of long-term debt -€133,850
down €133,850 (-100%), from €133,850 to €0
- Revaluation surpluses -€115,306
down €115,306 (-27.2%), from €424,330 to €309,025
- Contributions -€68,268
down €68,268 (-52.6%), from €129,768 to €61,500
- Reserves -€53,423
down €53,423 (-89.5%), from €59,706 to €6,283
of which Distributable reserves: -€48,893
- Gross operating margin +€425,964
up €425,964 (+234%), from €182,135 to €608,099
- Other operating charges +€111,226
up €111,226 (+258%), from €43,098 to €154,324
- Depreciation -€66,455
down €66,455 (-63.5%), from €104,730 to €38,275
- Financial charges -€7,665
down €7,665 (-71.5%), from €10,713 to €3,049
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 | €626,588 | €564,431 | -€62,157 | -9.9% |
| Fixed assets | 21/28 | €536,293 | €273,173 | -€263,120 | -49.1% |
| Tangible fixed assets | 22/27 | €523,066 | €267,571 | -€255,495 | -48.8% |
| Land and buildings | 22 | €31,346 | €265,248 | +€233,901 | +746% |
| Leasing and similar rights | 25 | €196,290 | €0 | -€196,290 | -100% |
| Other tangible fixed assets | 26 | €295,429 | €2,323 | -€293,106 | -99.2% |
| Financial fixed assets | 28 | €13,227 | €5,601 | -€7,626 | -57.7% |
| Current assets | 29/58 | €90,295 | €291,258 | +€200,963 | +223% |
| Amounts receivable within one year | 40/41 | €350 | €103,985 | +€103,635 | +29,610% |
| Trade receivables | 40 | €0 | €103,985 | +€103,985 | |
| Other amounts receivable | 41 | €350 | €0 | -€350 | -100% |
| Cash at bank and in hand | 54/58 | €9,974 | €187,273 | +€177,299 | +1,778% |
| Deferred charges and accrued income | 490/1 | €79,971 | €0 | -€79,971 | -100% |
| Total equity and liabilities | 10/49 | €626,588 | €564,431 | -€62,157 | -9.9% |
| Equity | 10/15 | €326,632 | €431,059 | +€104,426 | +32.0% |
| Contributions | 10/11 | €129,768 | €61,500 | -€68,268 | -52.6% |
| Capital | 10 | €129,768 | €61,500 | -€68,268 | -52.6% |
| Issued capital | 100 | €129,768 | €61,500 | -€68,268 | -52.6% |
| Revaluation surpluses | 12 | €424,330 | €309,025 | -€115,306 | -27.2% |
| Reserves | 13 | €59,706 | €6,283 | -€53,423 | -89.5% |
| Non-distributable reserves | 130/1 | €10,681 | €6,150 | -€4,531 | -42.4% |
| Legal reserve | 130 | €10,681 | €6,150 | -€4,531 | -42.4% |
| Tax-exempt reserves | 132 | €133 | €133 | = | 0.0% |
| Distributable reserves | 133 | €48,893 | €0 | -€48,893 | -100% |
| Profit (loss) carried forward | 14 | -€287,172 | €54,251 | +€341,423 | |
| Amounts payable | 17/49 | €299,956 | €133,372 | -€166,584 | -55.5% |
| Amounts payable after more than one year | 17 | €34,419 | €0 | -€34,419 | -100% |
| Financial debts | 170/4 | €34,419 | €0 | -€34,419 | -100% |
| Amounts payable within one year | 42/48 | €263,037 | €133,372 | -€129,665 | -49.3% |
| Current portion of amounts payable after more than one year | 42 | €133,850 | €0 | -€133,850 | -100% |
| Trade debts | 44 | €42,673 | €61,744 | +€19,071 | +44.7% |
| Suppliers | 440/4 | €42,673 | €61,744 | +€19,071 | +44.7% |
| Other amounts payable | 47/48 | €86,513 | €71,628 | -€14,886 | -17.2% |
| Accrued charges and deferred income | 492/3 | €2,500 | €0 | -€2,500 | -100% |
| Non-recurring operating income | 76A | €0 | €525 | +€525 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,730 | €38,275 | -€66,455 | -63.5% |
| Other operating charges | 640/8 | €43,098 | €154,324 | +€111,226 | +258% |
| Non-recurring operating charges | 66A | €1,573 | €0 | -€1,573 | -100% |
| Gross operating margin | 9900 | €182,135 | €608,099 | +€425,964 | +234% |
| Operating profit (loss) | 9901 | €32,735 | €415,500 | +€382,765 | +1,169% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €10,713 | €3,049 | -€7,665 | -71.5% |
| Recurring financial charges | 65 | €10,713 | €3,049 | -€7,665 | -71.5% |
| Profit (loss) for the period before taxes | 9903 | €22,021 | €412,451 | +€390,429 | +1,773% |
| Profit (loss) for the period | 9904 | €22,021 | €412,451 | +€390,429 | +1,773% |
| Profit (loss) for the period to be appropriated | 9905 | €22,021 | €412,451 | +€390,429 | +1,773% |
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 26 October 2026 via checked.be.