IMMO BETA: 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 BETA
Largest movements
- Current investments +€200,000
new in 2025: €200,000
- Tangible fixed assets -€166,946
down €166,946 (-9.8%), from €1.7m to €1.5m
- Reserves +€120,000
up €120,000 (+400.0%), from €30,000 to €150,000
- Debts after one year -€57,685
down €57,685 (-72.8%), from €79,243 to €21,558
- Gross operating margin +€101,717
up €101,717 (+54.5%), from €186,666 to €288,382
- Financial charges -€5,536
down €5,536 (-80.5%), from €6,880 to €1,344
- Other operating charges +€3,960
up €3,960 (+9.7%), from €40,732 to €44,691
- Financial income +€3,685
up €3,685 (+6987.4%), from €53 to €3,738
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 | €2,142,595 | €2,201,292 | +€58,697 | +2.7% |
| Fixed assets | 21/28 | €1,710,568 | €1,543,621 | -€166,946 | -9.8% |
| Tangible fixed assets | 22/27 | €1,710,568 | €1,543,621 | -€166,946 | -9.8% |
| Land and buildings | 22 | €1,710,568 | €1,543,621 | -€166,946 | -9.8% |
| Current assets | 29/58 | €432,027 | €657,671 | +€225,643 | +52.2% |
| Amounts receivable within one year | 40/41 | - | €1,121 | +€1,121 | |
| Other amounts receivable | 41 | - | €1,121 | +€1,121 | |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €407,754 | €417,529 | +€9,775 | +2.4% |
| Deferred charges and accrued income | 490/1 | €24,273 | €39,020 | +€14,747 | +60.8% |
| Total equity and liabilities | 10/49 | €2,142,595 | €2,201,292 | +€58,697 | +2.7% |
| Equity | 10/15 | €2,042,047 | €2,160,848 | +€118,802 | +5.8% |
| Contributions | 10/11 | €2,000,000 | €2,000,000 | = | 0.0% |
| Reserves | 13 | €30,000 | €150,000 | +€120,000 | +400.0% |
| Distributable reserves | 133 | €30,000 | €150,000 | +€120,000 | +400.0% |
| Profit (loss) carried forward | 14 | €12,047 | €10,848 | -€1,198 | -9.9% |
| Amounts payable | 17/49 | €100,548 | €40,444 | -€60,105 | -59.8% |
| Amounts payable after more than one year | 17 | €79,243 | €21,558 | -€57,685 | -72.8% |
| Other amounts payable | 178/9 | €79,243 | €21,558 | -€57,685 | -72.8% |
| Amounts payable within one year | 42/48 | €13,940 | €8,302 | -€5,639 | -40.4% |
| Trade debts | 44 | €11,888 | €7,912 | -€3,977 | -33.5% |
| Suppliers | 440/4 | €11,888 | €7,912 | -€3,977 | -33.5% |
| Taxes, remuneration and social security | 45 | €2,052 | €390 | -€1,662 | -81.0% |
| Taxes | 450/3 | €2,052 | €390 | -€1,662 | -81.0% |
| Accrued charges and deferred income | 492/3 | €7,365 | €10,584 | +€3,219 | +43.7% |
| Non-recurring operating income | 76A | - | €92,337 | +€92,337 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €129,914 | €127,283 | -€2,630 | -2.0% |
| Other operating charges | 640/8 | €40,732 | €44,691 | +€3,960 | +9.7% |
| Gross operating margin | 9900 | €186,666 | €288,382 | +€101,717 | +54.5% |
| Operating profit (loss) | 9901 | €16,020 | €116,408 | +€100,388 | +626.6% |
| Financial income | 75/76B | €53 | €3,738 | +€3,685 | +6987.4% |
| Recurring financial income | 75 | €53 | €3,738 | +€3,685 | +6987.4% |
| Financial charges | 65/66B | €6,880 | €1,344 | -€5,536 | -80.5% |
| Recurring financial charges | 65 | €6,880 | €1,344 | -€5,536 | -80.5% |
| Profit (loss) for the period before taxes | 9903 | €9,193 | €118,802 | +€109,609 | +1192.3% |
| Profit (loss) for the period | 9904 | €9,193 | €118,802 | +€109,609 | +1192.3% |
| Profit (loss) for the period to be appropriated | 9905 | €9,193 | €118,802 | +€109,609 | +1192.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.