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Immo-Bets: 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.

What changed

Immo-Bets

BE 0422.392.933
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€26,162
2024 · €31,813-€5,651
Equity
€260,789
2024 · €234,627+€26,162
Cash
€196,743
2024 · €147,005+€49,738
Balance sheet total
€370,594
2024 · €344,309+€26,285

Largest movements

2024 to 2025
Assets
  • Cash +€49,738

    up €49,738 (+33.8%), from €147,005 to €196,743

    mainly Net result for the year (+€26,162) and Depreciation (+€23,453)

  • Tangible fixed assets -€23,453

    down €23,453 (-12.1%), from €193,304 to €169,851

Equity and liabilities
  • Reserves +€26,162

    up €26,162 (+7.9%), from €332,301 to €358,463

    of which Distributable reserves: +€26,162

Income statement
  • Gross operating margin -€3,418

    down €3,418 (-4.2%), from €81,331 to €77,913

  • Financial charges +€2,047

    up €2,047 (+32.2%), from €6,364 to €8,411

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €31,813
Gross operating margin -€3,418
Other operating charges -€752
Financial income -€0
Financial charges -€2,047
Taxes +€565
Result 2025 €26,162

Cash bridge derived

cash 2024 to 2025

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.

From operations +€49,738
Investment €0
Financing €0
Cash 2024 €147,005
Net result for the year +€26,162
Depreciation +€23,453
Trade debts +€236
Tax, wage and social debts -€114
Cash 2025 €196,743
Every line side by side 43 lines
Line Code 2024 2025 Change %
Total assets 20/58 €344,309 €370,594 +€26,285 +7.6%
Fixed assets 21/28 €193,304 €169,851 -€23,453 -12.1%
Tangible fixed assets 22/27 €193,304 €169,851 -€23,453 -12.1%
Land and buildings 22 €193,304 €169,851 -€23,453 -12.1%
Current assets 29/58 €151,005 €200,743 +€49,738 +32.9%
Amounts receivable within one year 40/41 €4,000 €4,000 = 0.0%
Other amounts receivable 41 €4,000 €4,000 = 0.0%
Cash at bank and in hand 54/58 €147,005 €196,743 +€49,738 +33.8%
Deferred charges and accrued income 490/1 €0 - =
Total equity and liabilities 10/49 €344,309 €370,594 +€26,285 +7.6%
Equity 10/15 €234,627 €260,789 +€26,162 +11.2%
Contributions 10/11 €150,000 €150,000 = 0.0%
Capital 10 €150,000 €150,000 = 0.0%
Issued capital 100 €150,000 €150,000 = 0.0%
Reserves 13 €332,301 €358,463 +€26,162 +7.9%
Non-distributable reserves 130/1 €23,056 €23,056 = 0.0%
Legal reserve 130 €15,000 €15,000 = 0.0%
Other 1319 €8,056 €8,056 = 0.0%
Tax-exempt reserves 132 €23,554 €23,554 = 0.0%
Distributable reserves 133 €285,691 €311,853 +€26,162 +9.2%
Profit (loss) carried forward 14 -€247,674 -€247,674 = 0.0%
Amounts payable 17/49 €109,682 €109,805 +€123 +0.1%
Amounts payable after more than one year 17 €3,900 €3,900 = 0.0%
Other amounts payable 178/9 €3,900 €3,900 = 0.0%
Amounts payable within one year 42/48 €105,782 €105,905 +€123 +0.1%
Trade debts 44 €67 €304 +€236 +352.9%
Suppliers 440/4 €67 €304 +€236 +352.9%
Taxes, remuneration and social security 45 €5,715 €5,602 -€114 -2.0%
Taxes 450/3 €5,715 €5,602 -€114 -2.0%
Other amounts payable 47/48 €100,000 €100,000 = 0.0%
Non-recurring operating income 76A €3,160 €0 -€3,160 -100.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €23,453 €23,453 = 0.0%
Other operating charges 640/8 €16,520 €17,272 +€752 +4.6%
Gross operating margin 9900 €81,331 €77,913 -€3,418 -4.2%
Operating profit (loss) 9901 €41,358 €37,189 -€4,170 -10.1%
Financial income 75/76B €0 €0 -€0 -100.0%
Recurring financial income 75 €0 €0 -€0 -100.0%
Financial charges 65/66B €6,364 €8,411 +€2,047 +32.2%
Recurring financial charges 65 €6,364 €8,411 +€2,047 +32.2%
Profit (loss) for the period before taxes 9903 €34,994 €28,778 -€6,216 -17.8%
Income taxes 67/77 €3,181 €2,616 -€565 -17.8%
Profit (loss) for the period 9904 €31,813 €26,162 -€5,651 -17.8%
Profit (loss) for the period to be appropriated 9905 €31,813 €26,162 -€5,651 -17.8%

Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.