IMMO 3&4: 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 3&4
Largest movements
- Receivables within one year -€9,638
down €9,638 (-83.2%), from €11,584 to €1,945
of which Other amounts receivable: -€9,595
- Tangible fixed assets -€612
down €612 (-100.0%), from €612 to €0
of which Furniture and vehicles: -€612
- Cash -€605
down €605 (-66.7%), from €908 to €303
mainly Net result for the year (-€12,691)
- Profit (loss) carried forward -€12,691
down €12,691 (-30.2%), from -€42,004 to -€54,695
- Other debts +€1,680
up €1,680 (+36.9%), from €4,550 to €6,230
- Trade debts +€155
up €155 (+27.8%), from €558 to €713
- Other operating charges +€9,349
up €9,349 (+2413.6%), from €387 to €9,736
- Gross operating margin +€3,387
up €3,387 (+57.3%), from -€5,906 to -€2,519
- Depreciation -€1,148
down €1,148 (-65.2%), from €1,760 to €612
- Financial income -€287
down €287 (-44.9%), from €638 to €352
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 | €13,104 | €2,248 | -€10,856 | -82.8% |
| Fixed assets | 21/28 | €612 | €0 | -€612 | -100.0% |
| Tangible fixed assets | 22/27 | €612 | €0 | -€612 | -100.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €612 | €0 | -€612 | -100.0% |
| Current assets | 29/58 | €12,491 | €2,248 | -€10,244 | -82.0% |
| Amounts receivable within one year | 40/41 | €11,584 | €1,945 | -€9,638 | -83.2% |
| Trade receivables | 40 | €44 | €0 | -€44 | -100.0% |
| Other amounts receivable | 41 | €11,540 | €1,945 | -€9,595 | -83.1% |
| Cash at bank and in hand | 54/58 | €908 | €303 | -€605 | -66.7% |
| Total equity and liabilities | 10/49 | €13,104 | €2,248 | -€10,856 | -82.8% |
| Equity | 10/15 | €7,996 | -€4,695 | -€12,691 | |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,004 | -€54,695 | -€12,691 | -30.2% |
| Amounts payable | 17/49 | €5,108 | €6,943 | +€1,835 | +35.9% |
| Amounts payable within one year | 42/48 | €5,108 | €6,943 | +€1,835 | +35.9% |
| Trade debts | 44 | €558 | €713 | +€155 | +27.8% |
| Suppliers | 440/4 | €558 | €713 | +€155 | +27.8% |
| Other amounts payable | 47/48 | €4,550 | €6,230 | +€1,680 | +36.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,760 | €612 | -€1,148 | -65.2% |
| Other operating charges | 640/8 | €387 | €9,736 | +€9,349 | +2413.6% |
| Gross operating margin | 9900 | -€5,906 | -€2,519 | +€3,387 | +57.3% |
| Operating profit (loss) | 9901 | -€8,053 | -€12,868 | -€4,814 | -59.8% |
| Financial income | 75/76B | €638 | €352 | -€287 | -44.9% |
| Recurring financial income | 75 | €638 | €352 | -€287 | -44.9% |
| Financial charges | 65/66B | €136 | €175 | +€39 | +28.9% |
| Recurring financial charges | 65 | €136 | €175 | +€39 | +28.9% |
| Profit (loss) for the period before taxes | 9903 | -€7,551 | -€12,691 | -€5,140 | -68.1% |
| Profit (loss) for the period | 9904 | -€7,551 | -€12,691 | -€5,140 | -68.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,551 | -€12,691 | -€5,140 | -68.1% |
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 12 October 2026 via checked.be.