IMMO-3V: 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-3V
Largest movements
- Tangible fixed assets -€3,922
down €3,922 (-1.6%), from €238,364 to €234,441
of which Land and buildings: -€10,541
- Cash +€2,977
up €2,977 (+17.0%), from €17,489 to €20,466
mainly Depreciation (+€24,368) and Other debts (+€19,372)
- Other debts +€19,372
up €19,372 (+17.4%), from €111,133 to €130,505
- Debts after one year -€10,246
down €10,246 (-54.1%), from €18,952 to €8,706
- Profit (loss) carried forward -€9,266
down €9,266, from €2,650 to -€6,616
- Gross operating margin +€7,185
up €7,185 (+32.7%), from €21,974 to €29,160
- Depreciation +€4,335
up €4,335 (+21.6%), from €20,033 to €24,368
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 | €255,853 | €256,575 | +€722 | +0.3% |
| Fixed assets | 21/28 | €238,364 | €234,441 | -€3,922 | -1.6% |
| Tangible fixed assets | 22/27 | €238,364 | €234,441 | -€3,922 | -1.6% |
| Land and buildings | 22 | €238,364 | €227,823 | -€10,541 | -4.4% |
| Plant, machinery and equipment | 23 | - | €6,619 | +€6,619 | |
| Current assets | 29/58 | €17,489 | €22,134 | +€4,645 | +26.6% |
| Amounts receivable within one year | 40/41 | - | €1,668 | +€1,668 | |
| Trade receivables | 40 | - | €1,668 | +€1,668 | |
| Cash at bank and in hand | 54/58 | €17,489 | €20,466 | +€2,977 | +17.0% |
| Total equity and liabilities | 10/49 | €255,853 | €256,575 | +€722 | +0.3% |
| Equity | 10/15 | €103,941 | €94,675 | -€9,266 | -8.9% |
| Contributions | 10/11 | €16,117 | €16,117 | = | 0.0% |
| Reserves | 13 | €85,174 | €85,174 | = | 0.0% |
| Distributable reserves | 133 | €85,174 | €85,174 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,650 | -€6,616 | -€9,266 | |
| Amounts payable | 17/49 | €151,911 | €161,900 | +€9,989 | +6.6% |
| Amounts payable after more than one year | 17 | €18,952 | €8,706 | -€10,246 | -54.1% |
| Financial debts | 170/4 | €18,952 | €8,706 | -€10,246 | -54.1% |
| Amounts payable within one year | 42/48 | €124,346 | €143,290 | +€18,945 | +15.2% |
| Current portion of amounts payable after more than one year | 42 | €10,031 | €10,246 | +€215 | +2.1% |
| Trade debts | 44 | €3,181 | €2,539 | -€642 | -20.2% |
| Suppliers | 440/4 | €3,181 | €2,539 | -€642 | -20.2% |
| Other amounts payable | 47/48 | €111,133 | €130,505 | +€19,372 | +17.4% |
| Accrued charges and deferred income | 492/3 | €8,614 | €9,904 | +€1,290 | +15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,033 | €24,368 | +€4,335 | +21.6% |
| Other operating charges | 640/8 | €4,612 | €4,650 | +€38 | +0.8% |
| Gross operating margin | 9900 | €21,974 | €29,160 | +€7,185 | +32.7% |
| Operating profit (loss) | 9901 | -€2,671 | €141 | +€2,812 | |
| Financial charges | 65/66B | €9,676 | €9,408 | -€268 | -2.8% |
| Recurring financial charges | 65 | €9,676 | €9,408 | -€268 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | -€12,347 | -€9,266 | +€3,080 | +24.9% |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | -€12,347 | -€9,266 | +€3,080 | +24.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,347 | -€9,266 | +€3,080 | +24.9% |
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 7 October 2026 via checked.be.