IMMO ANN: 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 ANN
Largest movements
- Tangible fixed assets -€33,263
down €33,263 (-3.0%), from €1.1m to €1.1m
of which Land and buildings: -€35,746
- Debts after one year -€30,000
down €30,000 (-2.8%), from €1.1m to €1.0m
- Gross operating margin +€1,633
up €1,633 (+4.5%), from €36,265 to €37,898
- Depreciation -€1,188
down €1,188 (-3.0%), from €39,035 to €37,847
- Other operating charges -€976
down €976 (-16.7%), from €5,826 to €4,850
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 | €1,113,614 | €1,080,543 | -€33,070 | -3.0% |
| Fixed assets | 21/28 | €1,092,557 | €1,059,294 | -€33,263 | -3.0% |
| Tangible fixed assets | 22/27 | €1,092,057 | €1,058,794 | -€33,263 | -3.0% |
| Land and buildings | 22 | €1,072,795 | €1,037,049 | -€35,746 | -3.3% |
| Plant, machinery and equipment | 23 | €19,262 | €20,015 | +€753 | +3.9% |
| Furniture and vehicles | 24 | - | €1,730 | +€1,730 | |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €21,056 | €21,249 | +€193 | +0.9% |
| Amounts receivable within one year | 40/41 | €0 | €118 | +€118 | |
| Trade receivables | 40 | €0 | €118 | +€118 | |
| Cash at bank and in hand | 54/58 | €21,056 | €21,131 | +€75 | +0.4% |
| Total equity and liabilities | 10/49 | €1,113,614 | €1,080,543 | -€33,070 | -3.0% |
| Equity | 10/15 | €43,227 | €38,367 | -€4,860 | -11.2% |
| Contributions | 10/11 | €220,000 | €220,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€176,773 | -€181,633 | -€4,860 | -2.7% |
| Amounts payable | 17/49 | €1,070,387 | €1,042,177 | -€28,210 | -2.6% |
| Amounts payable after more than one year | 17 | €1,067,847 | €1,037,847 | -€30,000 | -2.8% |
| Other amounts payable | 178/9 | €1,067,847 | €1,037,847 | -€30,000 | -2.8% |
| Amounts payable within one year | 42/48 | €0 | €112 | +€112 | |
| Trade debts | 44 | €0 | €112 | +€112 | |
| Suppliers | 440/4 | €0 | €112 | +€112 | |
| Accrued charges and deferred income | 492/3 | €2,540 | €4,218 | +€1,678 | +66.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,035 | €37,847 | -€1,188 | -3.0% |
| Other operating charges | 640/8 | €5,826 | €4,850 | -€976 | -16.7% |
| Gross operating margin | 9900 | €36,265 | €37,898 | +€1,633 | +4.5% |
| Operating profit (loss) | 9901 | -€8,596 | -€4,799 | +€3,797 | +44.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €59 | €61 | +€2 | +2.6% |
| Recurring financial charges | 65 | €59 | €61 | +€2 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,655 | -€4,860 | +€3,795 | +43.8% |
| Profit (loss) for the period | 9904 | -€8,655 | -€4,860 | +€3,795 | +43.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,655 | -€4,860 | +€3,795 | +43.8% |
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 2 October 2026 via checked.be.