IMMO ASSE: 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 ASSE
Largest movements
- Tangible fixed assets -€13,433
down €13,433 (-8.0%), from €168,349 to €154,916
of which Land and buildings: -€15,014
- Cash +€3,112
up €3,112 (+33.3%), from €9,347 to €12,459
mainly Depreciation (+€17,138) and Receivables within one year (+€1,368)
- Profit (loss) carried forward -€9,766
down €9,766 (-31.2%), from -€31,304 to -€41,070
- Taxes -€1,200
down €1,200, from €600 to -€600
- Gross operating margin +€907
up €907 (+12.0%), from €7,561 to €8,467
- Other operating charges +€553
up €553 (+43.5%), from €1,271 to €1,825
- Depreciation +€496
up €496 (+3.0%), from €16,642 to €17,138
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 | €179,322 | €167,633 | -€11,689 | -6.5% |
| Fixed assets | 21/28 | €168,349 | €154,916 | -€13,433 | -8.0% |
| Tangible fixed assets | 22/27 | €168,349 | €154,916 | -€13,433 | -8.0% |
| Land and buildings | 22 | €159,743 | €144,728 | -€15,014 | -9.4% |
| Plant, machinery and equipment | 23 | €1,516 | €4,831 | +€3,315 | +218.7% |
| Furniture and vehicles | 24 | €7,091 | €5,356 | -€1,735 | -24.5% |
| Current assets | 29/58 | €10,973 | €12,717 | +€1,745 | +15.9% |
| Amounts receivable within one year | 40/41 | €1,600 | €232 | -€1,368 | -85.5% |
| Trade receivables | 40 | €357 | €0 | -€357 | -100.0% |
| Other amounts receivable | 41 | €1,243 | €232 | -€1,011 | -81.3% |
| Cash at bank and in hand | 54/58 | €9,347 | €12,459 | +€3,112 | +33.3% |
| Deferred charges and accrued income | 490/1 | €25 | €26 | +€1 | +3.0% |
| Total equity and liabilities | 10/49 | €179,322 | €167,633 | -€11,689 | -6.5% |
| Equity | 10/15 | €174,000 | €164,234 | -€9,766 | -5.6% |
| Contributions | 10/11 | €205,304 | €205,304 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,304 | -€41,070 | -€9,766 | -31.2% |
| Provisions and deferred taxes | 16 | €2,291 | €1,904 | -€387 | -16.9% |
| Deferred taxes | 168 | €2,291 | €1,904 | -€387 | -16.9% |
| Amounts payable | 17/49 | €3,031 | €1,495 | -€1,536 | -50.7% |
| Amounts payable within one year | 42/48 | €3,031 | €1,495 | -€1,536 | -50.7% |
| Trade debts | 44 | €1,495 | €1,020 | -€476 | -31.8% |
| Suppliers | 440/4 | €1,495 | €1,020 | -€476 | -31.8% |
| Other amounts payable | 47/48 | €1,535 | €475 | -€1,060 | -69.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,642 | €17,138 | +€496 | +3.0% |
| Other operating charges | 640/8 | €1,271 | €1,825 | +€553 | +43.5% |
| Gross operating margin | 9900 | €7,561 | €8,467 | +€907 | +12.0% |
| Operating profit (loss) | 9901 | -€10,353 | -€10,495 | -€143 | -1.4% |
| Financial charges | 65/66B | €245 | €258 | +€13 | +5.1% |
| Recurring financial charges | 65 | €245 | €258 | +€13 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | -€10,598 | -€10,753 | -€155 | -1.5% |
| Transfer from deferred taxes | 780 | €387 | €387 | = | 0.0% |
| Income taxes | 67/77 | €600 | -€600 | -€1,200 | |
| Profit (loss) for the period | 9904 | -€10,811 | -€9,766 | +€1,045 | +9.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,811 | -€9,766 | +€1,045 | +9.7% |
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 4 October 2026 via checked.be.