IMMO 3: what changed
Two fiscal 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 3
Largest movements
- Financial fixed assets +€700,000
up €700,000 (+10000.0%), from €7,000 to €707,000
- Short-term financial debts +€351,405
new in 2025: €351,405
- Debts after one year +€301,500
new in 2025: €301,500
- Current portion of long-term debt +€33,500
new in 2025: €33,500
- Other debts +€19,600
up €19,600 (+10.5%), from €186,335 to €205,935
- Taxes -€4,393
no longer reported in 2025 (was €4,393)
- Financial charges +€1,487
up €1,487 (+991.4%), from €150 to €1,637
- Other operating charges -€387
no longer reported in 2025 (was €387)
- Gross operating margin +€81
up €81 (+10.2%), from -€794 to -€713
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 | €171,647 | €875,303 | +€703,655 | +409.9% |
| Fixed assets | 21/28 | €7,000 | €707,000 | +€700,000 | +10000.0% |
| Financial fixed assets | 28 | €7,000 | €707,000 | +€700,000 | +10000.0% |
| Current assets | 29/58 | €164,647 | €168,303 | +€3,655 | +2.2% |
| Amounts receivable within one year | 40/41 | €4,542 | €4,423 | -€120 | -2.6% |
| Other amounts receivable | 41 | €4,542 | €4,423 | -€120 | -2.6% |
| Cash at bank and in hand | 54/58 | €16 | €752 | +€736 | +4493.8% |
| Deferred charges and accrued income | 490/1 | €160,089 | €163,128 | +€3,039 | +1.9% |
| Total equity and liabilities | 10/49 | €171,647 | €875,303 | +€703,655 | +409.9% |
| Equity | 10/15 | -€14,688 | -€17,038 | -€2,350 | -16.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,688 | -€20,038 | -€2,350 | -13.3% |
| Amounts payable | 17/49 | €186,335 | €892,340 | +€706,005 | +378.9% |
| Amounts payable after more than one year | 17 | - | €301,500 | +€301,500 | |
| Financial debts | 170/4 | - | €301,500 | +€301,500 | |
| Amounts payable within one year | 42/48 | €186,335 | €590,840 | +€404,505 | +217.1% |
| Current portion of amounts payable after more than one year | 42 | - | €33,500 | +€33,500 | |
| Financial debts | 43 | - | €351,405 | +€351,405 | |
| Credit institutions | 430/8 | - | €351,405 | +€351,405 | |
| Other amounts payable | 47/48 | €186,335 | €205,935 | +€19,600 | +10.5% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | -€794 | -€713 | +€81 | +10.2% |
| Operating profit (loss) | 9901 | -€1,181 | -€713 | +€468 | +39.6% |
| Financial charges | 65/66B | €150 | €1,637 | +€1,487 | +991.4% |
| Recurring financial charges | 65 | €150 | €1,637 | +€1,487 | +991.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,331 | -€2,350 | -€1,019 | -76.5% |
| Income taxes | 67/77 | €4,393 | - | -€4,393 | |
| Profit (loss) for the period | 9904 | -€5,724 | -€2,350 | +€3,374 | +58.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,724 | -€2,350 | +€3,374 | +58.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.