Immo B: 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 B
Largest movements
- Cash +€75,209
up €75,209 (+97.2%), from €77,411 to €152,620
mainly Net result for the year (+€104,184) and Depreciation (+€8,440)
- Deferred charges and accrued income +€11,976
up €11,976 (+282%), from €4,253 to €16,229
- Receivables within one year -€2,652
down €2,652 (-16.7%), from €15,835 to €13,182
of which Trade receivables: -€1,346
- Tangible fixed assets -€2,112
down €2,112 (-9.9%), from €21,243 to €19,131
of which Furniture and vehicles: -€3,470
- Reserves +€104,184
up €104,184 (+179%), from €58,287 to €162,470
- Other debts -€14,759
down €14,759 (-71.5%), from €20,629 to €5,870
- Debts after one year -€6,725
down €6,725 (-70.3%), from €9,572 to €2,847
- Trade debts -€2,205
down €2,205 (-30.1%), from €7,334 to €5,129
- Gross operating margin +€106,446
up €106,446 (+98.7%), from €107,869 to €214,315
- Taxes +€38,861
up €38,861 (+820%), from €4,736 to €43,597
- Staff costs -€26,637
down €26,637 (-32.7%), from €81,412 to €54,774
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 | €121,247 | €203,667 | +€82,420 | +68.0% |
| Fixed assets | 21/28 | €23,748 | €21,636 | -€2,112 | -8.9% |
| Tangible fixed assets | 22/27 | €21,243 | €19,131 | -€2,112 | -9.9% |
| Plant, machinery and equipment | 23 | €5,723 | €7,081 | +€1,358 | +23.7% |
| Furniture and vehicles | 24 | €15,520 | €12,050 | -€3,470 | -22.4% |
| Financial fixed assets | 28 | €2,505 | €2,505 | = | 0.0% |
| Current assets | 29/58 | €97,498 | €182,031 | +€84,533 | +86.7% |
| Amounts receivable within one year | 40/41 | €15,835 | €13,182 | -€2,652 | -16.7% |
| Trade receivables | 40 | €14,353 | €13,007 | -€1,346 | -9.4% |
| Other amounts receivable | 41 | €1,481 | €175 | -€1,306 | -88.2% |
| Cash at bank and in hand | 54/58 | €77,411 | €152,620 | +€75,209 | +97.2% |
| Deferred charges and accrued income | 490/1 | €4,253 | €16,229 | +€11,976 | +282% |
| Total equity and liabilities | 10/49 | €121,247 | €203,667 | +€82,420 | +68.0% |
| Equity | 10/15 | €68,290 | €172,474 | +€104,184 | +153% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €58,287 | €162,470 | +€104,184 | +179% |
| Distributable reserves | 133 | €58,287 | €162,470 | +€104,184 | +179% |
| Profit (loss) carried forward | 14 | €4 | €4 | = | 0.0% |
| Amounts payable | 17/49 | €52,956 | €31,193 | -€21,763 | -41.1% |
| Amounts payable after more than one year | 17 | €9,572 | €2,847 | -€6,725 | -70.3% |
| Financial debts | 170/4 | €9,572 | €2,847 | -€6,725 | -70.3% |
| Amounts payable within one year | 42/48 | €43,384 | €28,346 | -€15,038 | -34.7% |
| Current portion of amounts payable after more than one year | 42 | €6,579 | €6,725 | +€147 | +2.2% |
| Trade debts | 44 | €7,334 | €5,129 | -€2,205 | -30.1% |
| Suppliers | 440/4 | €7,334 | €5,129 | -€2,205 | -30.1% |
| Advances received on contracts in progress | 46 | €0 | €795 | +€795 | |
| Taxes, remuneration and social security | 45 | €8,843 | €9,827 | +€985 | +11.1% |
| Taxes | 450/3 | €8,843 | €9,827 | +€985 | +11.1% |
| Other amounts payable | 47/48 | €20,629 | €5,870 | -€14,759 | -71.5% |
| Remuneration, social security and pensions | 62 | €81,412 | €54,774 | -€26,637 | -32.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,718 | €8,440 | +€722 | +9.4% |
| Other operating charges | 640/8 | €1,304 | €1,632 | +€328 | +25.1% |
| Gross operating margin | 9900 | €107,869 | €214,315 | +€106,446 | +98.7% |
| Operating profit (loss) | 9901 | €17,435 | €149,469 | +€132,034 | +757% |
| Financial income | 75/76B | €18 | €52 | +€34 | +186% |
| Recurring financial income | 75 | €18 | €52 | +€34 | +186% |
| Financial charges | 65/66B | €699 | €1,740 | +€1,041 | +149% |
| Recurring financial charges | 65 | €699 | €1,740 | +€1,041 | +149% |
| Profit (loss) for the period before taxes | 9903 | €16,755 | €147,781 | +€131,026 | +782% |
| Income taxes | 67/77 | €4,736 | €43,597 | +€38,861 | +820% |
| Profit (loss) for the period | 9904 | €12,018 | €104,184 | +€92,166 | +767% |
| Profit (loss) for the period to be appropriated | 9905 | €12,018 | €104,184 | +€92,166 | +767% |
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 14 October 2026 via checked.be.