IMMO BRIDGE: 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 BRIDGE
Largest movements
- Tangible fixed assets -€41,898
down €41,898 (-5.7%), from €735,566 to €693,669
of which Land and buildings: -€41,676
- Profit (loss) carried forward -€54,223
down €54,223 (-24.7%), from -€219,774 to -€273,998
- Other debts +€48,060
up €48,060 (+9.3%), from €514,312 to €562,372
- Debts after one year -€37,555
down €37,555 (-7.6%), from €492,550 to €454,995
- Gross operating margin -€1,951
down €1,951 (-41.6%), from €4,685 to €2,734
- Financial charges -€747
down €747 (-6.1%), from €12,192 to €11,446
- Other operating charges -€160
down €160 (-4.2%), from €3,775 to €3,614
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 | €900,148 | €857,986 | -€42,162 | -4.7% |
| Fixed assets | 21/28 | €735,566 | €693,669 | -€41,898 | -5.7% |
| Tangible fixed assets | 22/27 | €735,566 | €693,669 | -€41,898 | -5.7% |
| Land and buildings | 22 | €735,088 | €693,411 | -€41,676 | -5.7% |
| Furniture and vehicles | 24 | €479 | €257 | -€221 | -46.3% |
| Current assets | 29/58 | €164,581 | €164,317 | -€264 | -0.2% |
| Amounts receivable within one year | 40/41 | €164,145 | €164,145 | = | 0.0% |
| Other amounts receivable | 41 | €164,145 | €164,145 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €436 | €172 | -€264 | -60.6% |
| Total equity and liabilities | 10/49 | €900,148 | €857,986 | -€42,162 | -4.7% |
| Equity | 10/15 | -€144,774 | -€198,998 | -€54,223 | -37.5% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€219,774 | -€273,998 | -€54,223 | -24.7% |
| Amounts payable | 17/49 | €1,044,922 | €1,056,983 | +€12,061 | +1.2% |
| Amounts payable after more than one year | 17 | €492,550 | €454,995 | -€37,555 | -7.6% |
| Financial debts | 170/4 | €492,550 | €454,995 | -€37,555 | -7.6% |
| Amounts payable within one year | 42/48 | €552,372 | €601,989 | +€49,617 | +9.0% |
| Current portion of amounts payable after more than one year | 42 | €36,758 | €37,555 | +€797 | +2.2% |
| Trade debts | 44 | €1,302 | €2,061 | +€759 | +58.3% |
| Suppliers | 440/4 | €1,302 | €2,061 | +€759 | +58.3% |
| Other amounts payable | 47/48 | €514,312 | €562,372 | +€48,060 | +9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,898 | €41,898 | = | 0.0% |
| Other operating charges | 640/8 | €3,775 | €3,614 | -€160 | -4.2% |
| Gross operating margin | 9900 | €4,685 | €2,734 | -€1,951 | -41.6% |
| Operating profit (loss) | 9901 | -€40,987 | -€42,778 | -€1,791 | -4.4% |
| Financial charges | 65/66B | €12,192 | €11,446 | -€747 | -6.1% |
| Recurring financial charges | 65 | €12,192 | €11,446 | -€747 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | -€53,179 | -€54,223 | -€1,044 | -2.0% |
| Profit (loss) for the period | 9904 | -€53,179 | -€54,223 | -€1,044 | -2.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€53,179 | -€54,223 | -€1,044 | -2.0% |
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 4 October 2026 via checked.be.