IMMO-BRIG: 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-BRIG
Largest movements
- Cash +€5,742
up €5,742 (+4.0%), from €142,573 to €148,315
mainly Net result for the year (+€11,261) and Depreciation (+€7,350)
- Tangible fixed assets +€3,250
up €3,250 (+2.2%), from €145,738 to €148,988
- Reserves +€11,261
up €11,261 (+6.3%), from €179,173 to €190,434
of which Distributable reserves: +€12,221
- Gross operating margin -€1,688
down €1,688 (-5.1%), from €32,851 to €31,163
- Taxes -€1,138
down €1,138 (-16.6%), from €6,866 to €5,729
- Depreciation +€409
up €409 (+5.9%), from €6,940 to €7,350
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 | €292,069 | €299,874 | +€7,805 | +2.7% |
| Fixed assets | 21/28 | €145,738 | €148,988 | +€3,250 | +2.2% |
| Tangible fixed assets | 22/27 | €145,738 | €148,988 | +€3,250 | +2.2% |
| Land and buildings | 22 | €145,738 | €148,988 | +€3,250 | +2.2% |
| Current assets | 29/58 | €146,331 | €150,886 | +€4,555 | +3.1% |
| Cash at bank and in hand | 54/58 | €142,573 | €148,315 | +€5,742 | +4.0% |
| Deferred charges and accrued income | 490/1 | €3,758 | €2,571 | -€1,187 | -31.6% |
| Total equity and liabilities | 10/49 | €292,069 | €299,874 | +€7,805 | +2.7% |
| Equity | 10/15 | €273,925 | €285,185 | +€11,261 | +4.1% |
| Contributions | 10/11 | €86,763 | €86,763 | = | 0.0% |
| Capital | 10 | €86,763 | €86,763 | = | 0.0% |
| Issued capital | 100 | €86,763 | €86,763 | = | 0.0% |
| Reserves | 13 | €179,173 | €190,434 | +€11,261 | +6.3% |
| Tax-exempt reserves | 132 | €14,723 | €13,762 | -€960 | -6.5% |
| Distributable reserves | 133 | €164,451 | €176,672 | +€12,221 | +7.4% |
| Profit (loss) carried forward | 14 | €7,989 | €7,989 | = | 0.0% |
| Provisions and deferred taxes | 16 | €7,596 | €7,105 | -€491 | -6.5% |
| Deferred taxes | 168 | €7,596 | €7,105 | -€491 | -6.5% |
| Amounts payable | 17/49 | €10,548 | €7,584 | -€2,964 | -28.1% |
| Amounts payable within one year | 42/48 | €10,548 | €7,584 | -€2,964 | -28.1% |
| Trade debts | 44 | €3,072 | €1,246 | -€1,827 | -59.5% |
| Suppliers | 440/4 | €3,072 | €1,246 | -€1,827 | -59.5% |
| Taxes, remuneration and social security | 45 | €6,866 | €5,729 | -€1,138 | -16.6% |
| Taxes | 450/3 | €6,866 | €5,729 | -€1,138 | -16.6% |
| Other amounts payable | 47/48 | €609 | €609 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,940 | €7,350 | +€409 | +5.9% |
| Other operating charges | 640/8 | €6,455 | €6,658 | +€203 | +3.1% |
| Gross operating margin | 9900 | €32,851 | €31,163 | -€1,688 | -5.1% |
| Operating profit (loss) | 9901 | €19,456 | €17,156 | -€2,300 | -11.8% |
| Financial charges | 65/66B | €631 | €658 | +€27 | +4.2% |
| Recurring financial charges | 65 | €631 | €658 | +€27 | +4.2% |
| Profit (loss) for the period before taxes | 9903 | €18,825 | €16,498 | -€2,327 | -12.4% |
| Transfer from deferred taxes | 780 | €491 | €491 | = | 0.0% |
| Income taxes | 67/77 | €6,866 | €5,729 | -€1,138 | -16.6% |
| Profit (loss) for the period | 9904 | €12,450 | €11,261 | -€1,189 | -9.6% |
| Transfer from tax-exempt reserves | 789 | €960 | €960 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,410 | €12,221 | -€1,189 | -8.9% |
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 5 October 2026 via checked.be.