IMMO BELLA: 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 BELLA
Largest movements
- Tangible fixed assets -€10,782
down €10,782 (-5.7%), from €190,810 to €180,028
- Cash +€8,789
up €8,789 (+34.7%), from €25,294 to €34,083
mainly Depreciation (+€10,782) and Net result for the year (+€1,242)
- Deferred charges and accrued income +€3,700
up €3,700 (+48.8%), from €7,580 to €11,280
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€6,947
down €6,947 (-33.7%), from €20,621 to €13,673
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 | €229,213 | €230,855 | +€1,642 | +0.7% |
| Fixed assets | 21/28 | €190,810 | €180,028 | -€10,782 | -5.7% |
| Tangible fixed assets | 22/27 | €190,810 | €180,028 | -€10,782 | -5.7% |
| Land and buildings | 22 | €190,810 | €180,028 | -€10,782 | -5.7% |
| Current assets | 29/58 | €38,404 | €50,827 | +€12,423 | +32.3% |
| Amounts receivable within one year | 40/41 | €5,529 | €5,464 | -€66 | -1.2% |
| Other amounts receivable | 41 | €5,529 | €5,464 | -€66 | -1.2% |
| Cash at bank and in hand | 54/58 | €25,294 | €34,083 | +€8,789 | +34.7% |
| Deferred charges and accrued income | 490/1 | €7,580 | €11,280 | +€3,700 | +48.8% |
| Total equity and liabilities | 10/49 | €229,213 | €230,855 | +€1,642 | +0.7% |
| Equity | 10/15 | -€2,758 | -€1,516 | +€1,242 | +45.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,758 | -€21,516 | +€1,242 | +5.5% |
| Amounts payable | 17/49 | €231,971 | €232,371 | +€400 | +0.2% |
| Amounts payable within one year | 42/48 | €231,971 | €232,371 | +€400 | +0.2% |
| Trade debts | 44 | - | €400 | +€400 | |
| Suppliers | 440/4 | - | €400 | +€400 | |
| Other amounts payable | 47/48 | €231,971 | €231,971 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,782 | €10,782 | = | 0.0% |
| Other operating charges | 640/8 | €1,458 | €1,503 | +€46 | +3.1% |
| Gross operating margin | 9900 | €20,621 | €13,673 | -€6,947 | -33.7% |
| Operating profit (loss) | 9901 | €8,381 | €1,388 | -€6,993 | -83.4% |
| Financial charges | 65/66B | €149 | €146 | -€3 | -2.1% |
| Recurring financial charges | 65 | €149 | €146 | -€3 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €8,232 | €1,242 | -€6,990 | -84.9% |
| Profit (loss) for the period | 9904 | €8,232 | €1,242 | -€6,990 | -84.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,232 | €1,242 | -€6,990 | -84.9% |
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 3 October 2026 via checked.be.