IMMO 5.0: 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 5.0
Largest movements
- Receivables within one year +€475,416
up €475,416 (+32.0%), from €1.5m to €2.0m
of which Other amounts receivable: +€458,180
- Cash -€167,324
down €167,324 (-49.6%), from €337,300 to €169,976
mainly Receivables within one year (-€475,416) and Debts after one year (-€122,327)
- Other debts +€368,972
up €368,972 (+5.4%), from €6.8m to €7.2m
- Debts after one year -€122,327
down €122,327 (-27.3%), from €448,404 to €326,077
- Turnover -€156,136
no longer reported in 2025 (was €156,136)
- Purchases and services -€46,653
no longer reported in 2025 (was €46,653)
- Gross operating margin +€5,898
up €5,898 (+5.4%), from €109,483 to €115,381
- Financial income +€4,151
up €4,151 (+5.1%), from €81,177 to €85,328
- Taxes +€2,598
up €2,598 (+656%), from €396 to €2,995
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 | €7,824,737 | €8,132,829 | +€308,092 | +3.9% |
| Fixed assets | 21/28 | €6,000,000 | €6,000,000 | = | 0.0% |
| Financial fixed assets | 28 | €6,000,000 | €6,000,000 | = | 0.0% |
| Current assets | 29/58 | €1,824,737 | €2,132,829 | +€308,092 | +16.9% |
| Amounts receivable within one year | 40/41 | €1,487,436 | €1,962,852 | +€475,416 | +32.0% |
| Trade receivables | 40 | €31,487 | €48,723 | +€17,236 | +54.7% |
| Other amounts receivable | 41 | €1,455,949 | €1,914,129 | +€458,180 | +31.5% |
| Cash at bank and in hand | 54/58 | €337,300 | €169,976 | -€167,324 | -49.6% |
| Total equity and liabilities | 10/49 | €7,824,737 | €8,132,829 | +€308,092 | +3.9% |
| Equity | 10/15 | €483,797 | €492,781 | +€8,984 | +1.9% |
| Contributions | 10/11 | €448,900 | €448,900 | = | 0.0% |
| Reserves | 13 | €89 | €89 | = | 0.0% |
| Non-distributable reserves | 130/1 | €89 | €89 | = | 0.0% |
| Reserves not available under the articles | 1311 | €89 | €89 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,808 | €43,791 | +€8,984 | +25.8% |
| Amounts payable | 17/49 | €7,340,940 | €7,640,048 | +€299,108 | +4.1% |
| Amounts payable after more than one year | 17 | €448,404 | €326,077 | -€122,327 | -27.3% |
| Financial debts | 170/4 | €448,404 | €326,077 | -€122,327 | -27.3% |
| Amounts payable within one year | 42/48 | €6,892,501 | €7,313,971 | +€421,470 | +6.1% |
| Trade debts | 44 | €47,804 | €112,556 | +€64,752 | +135% |
| Suppliers | 440/4 | €47,804 | €112,556 | +€64,752 | +135% |
| Taxes, remuneration and social security | 45 | €14,798 | €2,544 | -€12,254 | -82.8% |
| Taxes | 450/3 | €14,798 | €2,544 | -€12,254 | -82.8% |
| Other amounts payable | 47/48 | €6,829,899 | €7,198,871 | +€368,972 | +5.4% |
| Accrued charges and deferred income | 492/3 | €35 | €0 | -€35 | -100% |
| Turnover | 70 | €156,136 | - | -€156,136 | |
| Goods, raw materials, services and sundry goods | 60/61 | €46,653 | - | -€46,653 | |
| Gross operating margin | 9900 | €109,483 | €115,381 | +€5,898 | +5.4% |
| Operating profit (loss) | 9901 | €109,483 | €115,381 | +€5,898 | +5.4% |
| Financial income | 75/76B | €81,177 | €85,328 | +€4,151 | +5.1% |
| Recurring financial income | 75 | €81,177 | €85,328 | +€4,151 | +5.1% |
| Financial charges | 65/66B | €189,207 | €188,731 | -€476 | -0.3% |
| Recurring financial charges | 65 | €189,207 | €188,731 | -€476 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €1,454 | €11,978 | +€10,524 | +724% |
| Income taxes | 67/77 | €396 | €2,995 | +€2,598 | +656% |
| Profit (loss) for the period | 9904 | €1,058 | €8,984 | +€7,926 | +749% |
| Profit (loss) for the period to be appropriated | 9905 | €1,058 | €8,984 | +€7,926 | +749% |
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 23 October 2026 via checked.be.