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 -€24,035
down €24,035 (-69.9%), from €34,404 to €10,369
mainly Other debts (-€27,758) and Net result for the year (-€11,831)
- Tangible fixed assets -€16,867
down €16,867 (-9.0%), from €186,531 to €169,664
of which Furniture and vehicles: -€12,671
- Other debts -€27,758
down €27,758 (-14.7%), from €188,947 to €161,188
- Profit (loss) carried forward -€11,831
down €11,831 (-52.2%), from -€22,678 to -€34,510
- Gross operating margin -€2,064
down €2,064 (-13.3%), from €15,495 to €13,431
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €224,735 | €184,820 | -€39,915 | -17.8% |
| Fixed assets | 21/28 | €186,531 | €169,664 | -€16,867 | -9.0% |
| Tangible fixed assets | 22/27 | €186,531 | €169,664 | -€16,867 | -9.0% |
| Land and buildings | 22 | €148,588 | €144,392 | -€4,196 | -2.8% |
| Furniture and vehicles | 24 | €37,943 | €25,272 | -€12,671 | -33.4% |
| Current assets | 29/58 | €38,204 | €15,156 | -€23,048 | -60.3% |
| Cash at bank and in hand | 54/58 | €34,404 | €10,369 | -€24,035 | -69.9% |
| Deferred charges and accrued income | 490/1 | €3,800 | €4,787 | +€987 | +26.0% |
| Total equity and liabilities | 10/49 | €224,735 | €184,820 | -€39,915 | -17.8% |
| Equity | 10/15 | €33,514 | €21,683 | -€11,831 | -35.3% |
| Contributions | 10/11 | €37,100 | €37,100 | = | 0.0% |
| Reserves | 13 | €19,092 | €19,092 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,710 | €3,710 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,710 | €3,710 | = | 0.0% |
| Distributable reserves | 133 | €15,382 | €15,382 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,678 | -€34,510 | -€11,831 | -52.2% |
| Amounts payable | 17/49 | €191,221 | €163,138 | -€28,084 | -14.7% |
| Amounts payable within one year | 42/48 | €191,221 | €163,138 | -€28,084 | -14.7% |
| Trade debts | 44 | €2,275 | €1,949 | -€326 | -14.3% |
| Suppliers | 440/4 | €2,275 | €1,949 | -€326 | -14.3% |
| Other amounts payable | 47/48 | €188,947 | €161,188 | -€27,758 | -14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,713 | €22,811 | +€97 | +0.4% |
| Other operating charges | 640/8 | €2,335 | €2,407 | +€72 | +3.1% |
| Gross operating margin | 9900 | €15,495 | €13,431 | -€2,064 | -13.3% |
| Operating profit (loss) | 9901 | -€9,552 | -€11,786 | -€2,234 | -23.4% |
| Financial charges | 65/66B | €45 | €45 | +€0 | +0.3% |
| Recurring financial charges | 65 | €45 | €45 | +€0 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,597 | -€11,831 | -€2,234 | -23.3% |
| Profit (loss) for the period | 9904 | -€9,597 | -€11,831 | -€2,234 | -23.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,597 | -€11,831 | -€2,234 | -23.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.