IMMO 92: 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 92
Largest movements
- Cash +€20,800
up €20,800 (+35.0%), from €59,414 to €80,214
mainly Net result for the year (+€13,700) and Depreciation (+€9,022)
- Tangible fixed assets -€9,022
down €9,022 (-3.8%), from €239,197 to €230,175
- Reserves +€13,700
up €13,700 (+7.1%), from €193,973 to €207,672
of which Distributable reserves: +€13,700
- Other operating charges -€13,466
down €13,466 (-71.4%), from €18,866 to €5,400
- Gross operating margin +€9,525
up €9,525 (+53.5%), from €17,793 to €27,317
- Financial income +€1,960
up €1,960 (+711.6%), from €275 to €2,235
- Taxes +€1,279
new in 2025: €1,279
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 | €312,581 | €324,509 | +€11,927 | +3.8% |
| Fixed assets | 21/28 | €239,197 | €230,175 | -€9,022 | -3.8% |
| Tangible fixed assets | 22/27 | €239,197 | €230,175 | -€9,022 | -3.8% |
| Land and buildings | 22 | €239,197 | €230,175 | -€9,022 | -3.8% |
| Current assets | 29/58 | €73,384 | €94,333 | +€20,949 | +28.5% |
| Amounts receivable within one year | 40/41 | €280 | €0 | -€280 | -100.0% |
| Trade receivables | 40 | €197 | €0 | -€197 | -100.0% |
| Other amounts receivable | 41 | €83 | €0 | -€83 | -100.0% |
| Cash at bank and in hand | 54/58 | €59,414 | €80,214 | +€20,800 | +35.0% |
| Deferred charges and accrued income | 490/1 | €13,690 | €14,119 | +€429 | +3.1% |
| Total equity and liabilities | 10/49 | €312,581 | €324,509 | +€11,927 | +3.8% |
| Equity | 10/15 | €296,306 | €310,005 | +€13,700 | +4.6% |
| Contributions | 10/11 | €102,333 | €102,333 | = | 0.0% |
| Reserves | 13 | €193,973 | €207,672 | +€13,700 | +7.1% |
| Non-distributable reserves | 130/1 | €10,232 | €10,232 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,232 | €10,232 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,748 | €14,748 | = | 0.0% |
| Distributable reserves | 133 | €168,993 | €182,693 | +€13,700 | +8.1% |
| Amounts payable | 17/49 | €16,276 | €14,503 | -€1,772 | -10.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €16,276 | €14,503 | -€1,772 | -10.9% |
| Trade debts | 44 | €154 | €1,605 | +€1,451 | +941.3% |
| Suppliers | 440/4 | €154 | €1,605 | +€1,451 | +941.3% |
| Taxes, remuneration and social security | 45 | €3,844 | €621 | -€3,223 | -83.8% |
| Taxes | 450/3 | €2,766 | €621 | -€2,145 | -77.5% |
| Remuneration and social security | 454/9 | €1,078 | €0 | -€1,078 | -100.0% |
| Other amounts payable | 47/48 | €12,277 | €12,277 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,022 | €9,022 | = | 0.0% |
| Other operating charges | 640/8 | €18,866 | €5,400 | -€13,466 | -71.4% |
| Gross operating margin | 9900 | €17,793 | €27,317 | +€9,525 | +53.5% |
| Operating profit (loss) | 9901 | -€10,095 | €12,895 | +€22,990 | |
| Financial income | 75/76B | €275 | €2,235 | +€1,960 | +711.6% |
| Recurring financial income | 75 | €275 | €2,235 | +€1,960 | +711.6% |
| Financial charges | 65/66B | €198 | €151 | -€47 | -23.9% |
| Recurring financial charges | 65 | €198 | €151 | -€47 | -23.9% |
| Profit (loss) for the period before taxes | 9903 | -€10,018 | €14,979 | +€24,997 | |
| Income taxes | 67/77 | - | €1,279 | +€1,279 | |
| Profit (loss) for the period | 9904 | -€10,018 | €13,700 | +€23,718 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,018 | €13,700 | +€23,718 |
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.