IMMO ANGLE: 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 ANGLE
Largest movements
- Cash -€648,033
down €648,033 (-80.0%), from €810,337 to €162,304
mainly Receivables within one year (-€271,884) and Other debts (-€151,474)
- Receivables within one year +€271,884
up €271,884 (+486.7%), from €55,863 to €327,747
of which Other amounts receivable: +€270,720
- Tangible fixed assets +€69,441
up €69,441 (+54.1%), from €128,465 to €197,906
of which Other tangible fixed assets: +€115,000
- Other debts -€151,474
down €151,474 (-100.0%), from €151,474 to €0
- Profit (loss) carried forward -€84,255
new in 2025: -€84,255
- Trade debts -€62,709
down €62,709 (-100.0%), from €62,709 to €0
- Gross operating margin -€1.1m
down €1.1m, from €1.0m to -€42,756
- Taxes -€307,274
down €307,274 (-99.1%), from €309,959 to €2,684
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 | €1,034,779 | €728,658 | -€306,121 | -29.6% |
| Fixed assets | 21/28 | €128,465 | €197,906 | +€69,441 | +54.1% |
| Tangible fixed assets | 22/27 | €128,465 | €197,906 | +€69,441 | +54.1% |
| Land and buildings | 22 | €88,070 | €70,109 | -€17,962 | -20.4% |
| Furniture and vehicles | 24 | €40,395 | €12,797 | -€27,598 | -68.3% |
| Other tangible fixed assets | 26 | - | €115,000 | +€115,000 | |
| Current assets | 29/58 | €906,314 | €530,752 | -€375,562 | -41.4% |
| Amounts receivable after more than one year | 29 | €35,000 | €35,000 | = | 0.0% |
| Other amounts receivable | 291 | €35,000 | €35,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €55,863 | €327,747 | +€271,884 | +486.7% |
| Trade receivables | 40 | - | €1,163 | +€1,163 | |
| Other amounts receivable | 41 | €55,863 | €326,583 | +€270,720 | +484.6% |
| Cash at bank and in hand | 54/58 | €810,337 | €162,304 | -€648,033 | -80.0% |
| Deferred charges and accrued income | 490/1 | €5,114 | €5,702 | +€587 | +11.5% |
| Total equity and liabilities | 10/49 | €1,034,779 | €728,658 | -€306,121 | -29.6% |
| Equity | 10/15 | €727,566 | €643,311 | -€84,255 | -11.6% |
| Contributions | 10/11 | €61,984 | €61,984 | = | 0.0% |
| Capital | 10 | €61,984 | €61,984 | = | 0.0% |
| Issued capital | 100 | €61,984 | €61,984 | = | 0.0% |
| Reserves | 13 | €665,582 | €665,582 | = | 0.0% |
| Distributable reserves | 133 | €665,582 | €665,582 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€84,255 | -€84,255 | |
| Amounts payable | 17/49 | €307,213 | €85,347 | -€221,866 | -72.2% |
| Amounts payable after more than one year | 17 | €13,043 | €2,870 | -€10,172 | -78.0% |
| Financial debts | 170/4 | €13,043 | €2,870 | -€10,172 | -78.0% |
| Amounts payable within one year | 42/48 | €294,170 | €82,477 | -€211,693 | -72.0% |
| Current portion of amounts payable after more than one year | 42 | €9,828 | €10,172 | +€344 | +3.5% |
| Financial debts | 43 | - | €11 | +€11 | |
| Credit institutions | 430/8 | - | €11 | +€11 | |
| Trade debts | 44 | €62,709 | €0 | -€62,709 | -100.0% |
| Suppliers | 440/4 | €62,709 | €0 | -€62,709 | -100.0% |
| Taxes, remuneration and social security | 45 | €70,159 | €72,294 | +€2,135 | +3.0% |
| Taxes | 450/3 | €70,159 | €72,294 | +€2,135 | +3.0% |
| Other amounts payable | 47/48 | €151,474 | €0 | -€151,474 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,934 | €38,437 | -€8,497 | -18.1% |
| Other operating charges | 640/8 | €8,857 | €4,385 | -€4,471 | -50.5% |
| Gross operating margin | 9900 | €1,030,734 | -€42,756 | -€1.1m | |
| Operating profit (loss) | 9901 | €974,943 | -€85,578 | -€1.1m | |
| Financial income | 75/76B | €5,109 | €6,543 | +€1,434 | +28.1% |
| Recurring financial income | 75 | €5,109 | €6,543 | +€1,434 | +28.1% |
| Financial charges | 65/66B | €12,753 | €2,536 | -€10,217 | -80.1% |
| Recurring financial charges | 65 | €12,753 | €2,536 | -€10,217 | -80.1% |
| Profit (loss) for the period before taxes | 9903 | €967,299 | -€81,571 | -€1.0m | |
| Transfer from deferred taxes | 780 | €18,703 | €0 | -€18,703 | -100.0% |
| Income taxes | 67/77 | €309,959 | €2,684 | -€307,274 | -99.1% |
| Profit (loss) for the period | 9904 | €676,044 | -€84,255 | -€760,299 | |
| Transfer from tax-exempt reserves | 789 | €56,108 | €0 | -€56,108 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €732,152 | -€84,255 | -€816,407 |
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 6 October 2026 via checked.be.