IMMO BLOCK: 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 BLOCK
Largest movements
- Cash +€104,946
up €104,946 (+108.4%), from €96,779 to €201,725
mainly Net result for the year (+€222,575) and Depreciation (+€130,896)
- Tangible fixed assets -€62,419
down €62,419 (-2.9%), from €2.2m to €2.1m
of which Land and buildings: -€102,277
- Profit (loss) carried forward +€155,439
up €155,439 (+10.0%), from €1.6m to €1.7m
- Debts after one year -€129,560
down €129,560 (-17.1%), from €756,190 to €626,630
- Reserves +€67,136
up €67,136 (+14.7%), from €457,113 to €524,249
of which Tax-exempt reserves: +€67,136
- Other debts -€66,371
down €66,371 (-46.5%), from €142,885 to €76,514
- Tax, wage and social debts -€36,000
no longer reported in 2025 (was €36,000)
- Purchases and services +€90,840
new in 2025: €90,840
- Taxes +€78,586
up €78,586 (+94.2%), from €83,394 to €161,980
- Gross operating margin +€21,639
up €21,639 (+3.7%), from €580,394 to €602,033
- Depreciation +€18,446
up €18,446 (+16.4%), from €112,450 to €130,896
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 | €3,354,017 | €3,373,794 | +€19,777 | +0.6% |
| Fixed assets | 21/28 | €3,234,488 | €3,172,069 | -€62,419 | -1.9% |
| Tangible fixed assets | 22/27 | €2,154,749 | €2,092,330 | -€62,419 | -2.9% |
| Land and buildings | 22 | €2,154,749 | €2,052,472 | -€102,277 | -4.7% |
| Plant, machinery and equipment | 23 | - | €2,056 | +€2,056 | |
| Furniture and vehicles | 24 | - | €37,802 | +€37,802 | |
| Financial fixed assets | 28 | €1,079,739 | €1,079,739 | = | 0.0% |
| Current assets | 29/58 | €119,529 | €201,725 | +€82,196 | +68.8% |
| Amounts receivable within one year | 40/41 | €22,750 | - | -€22,750 | |
| Trade receivables | 40 | €2,750 | - | -€2,750 | |
| Other amounts receivable | 41 | €20,000 | - | -€20,000 | |
| Cash at bank and in hand | 54/58 | €96,779 | €201,725 | +€104,946 | +108.4% |
| Total equity and liabilities | 10/49 | €3,354,017 | €3,373,794 | +€19,777 | +0.6% |
| Equity | 10/15 | €2,289,875 | €2,512,450 | +€222,575 | +9.7% |
| Contributions | 10/11 | €273,000 | €273,000 | = | 0.0% |
| Capital | 10 | €273,000 | €273,000 | = | 0.0% |
| Issued capital | 100 | €273,000 | €273,000 | = | 0.0% |
| Reserves | 13 | €457,113 | €524,249 | +€67,136 | +14.7% |
| Non-distributable reserves | 130/1 | €27,300 | €27,300 | = | 0.0% |
| Legal reserve | 130 | €27,300 | €27,300 | = | 0.0% |
| Tax-exempt reserves | 132 | €429,813 | €496,949 | +€67,136 | +15.6% |
| Profit (loss) carried forward | 14 | €1,559,762 | €1,715,201 | +€155,439 | +10.0% |
| Amounts payable | 17/49 | €1,064,142 | €861,344 | -€202,798 | -19.1% |
| Amounts payable after more than one year | 17 | €756,190 | €626,630 | -€129,560 | -17.1% |
| Financial debts | 170/4 | €756,190 | €626,630 | -€129,560 | -17.1% |
| Amounts payable within one year | 42/48 | €307,952 | €234,714 | -€73,238 | -23.8% |
| Current portion of amounts payable after more than one year | 42 | €127,458 | €156,525 | +€29,067 | +22.8% |
| Trade debts | 44 | €1,609 | €1,675 | +€66 | +4.1% |
| Suppliers | 440/4 | €1,609 | €1,675 | +€66 | +4.1% |
| Taxes, remuneration and social security | 45 | €36,000 | - | -€36,000 | |
| Taxes | 450/3 | €36,000 | - | -€36,000 | |
| Other amounts payable | 47/48 | €142,885 | €76,514 | -€66,371 | -46.5% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €90,840 | +€90,840 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €112,450 | €130,896 | +€18,446 | +16.4% |
| Other operating charges | 640/8 | €69,077 | €71,845 | +€2,768 | +4.0% |
| Gross operating margin | 9900 | €580,394 | €602,033 | +€21,639 | +3.7% |
| Operating profit (loss) | 9901 | €398,867 | €399,292 | +€425 | +0.1% |
| Financial income | 75/76B | €173 | - | -€173 | |
| Recurring financial income | 75 | €173 | - | -€173 | |
| Financial charges | 65/66B | €15,123 | €14,737 | -€386 | -2.6% |
| Recurring financial charges | 65 | €15,123 | €14,737 | -€386 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €383,917 | €384,555 | +€638 | +0.2% |
| Income taxes | 67/77 | €83,394 | €161,980 | +€78,586 | +94.2% |
| Profit (loss) for the period | 9904 | €300,523 | €222,575 | -€77,948 | -25.9% |
| Transfer from tax-exempt reserves | 789 | €17,063 | €17,064 | +€1 | 0.0% |
| Transfer to tax-exempt reserves | 689 | - | €84,200 | +€84,200 | |
| Profit (loss) for the period to be appropriated | 9905 | €317,586 | €155,439 | -€162,147 | -51.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.