Immo Buro: 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 Buro
Largest movements
- Receivables within one year -€960,024
down €960,024 (-99.8%), from €961,597 to €1,574
- Current investments +€870,000
up €870,000 (+1392.0%), from €62,500 to €932,500
- Tangible fixed assets +€116,040
up €116,040 (+9.5%), from €1.2m to €1.3m
of which Land and buildings: +€116,439
- Cash -€37,445
down €37,445 (-76.0%), from €49,284 to €11,839
mainly Current investments (-€870,000) and Investment in fixed assets (net) (-€180,908)
- Trade debts -€28,256
down €28,256 (-89.7%), from €31,514 to €3,257
- Reserves +€24,164
up €24,164 (+1.6%), from €1.5m to €1.5m
of which Distributable reserves: +€18,528
- Depreciation +€17,949
up €17,949 (+38.3%), from €46,919 to €64,868
- Taxes -€17,075
down €17,075 (-59.2%), from €28,837 to €11,762
- Gross operating margin +€10,421
up €10,421 (+12.6%), from €82,950 to €93,371
- Financial income +€5,359
up €5,359 (+31.5%), from €17,012 to €22,371
- Financial charges -€937
down €937 (-21.6%), from €4,328 to €3,391
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 | €2,292,821 | €2,287,692 | -€5,129 | -0.2% |
| Fixed assets | 21/28 | €1,219,440 | €1,335,480 | +€116,040 | +9.5% |
| Tangible fixed assets | 22/27 | €1,219,440 | €1,335,480 | +€116,040 | +9.5% |
| Land and buildings | 22 | €1,218,530 | €1,334,970 | +€116,439 | +9.6% |
| Plant, machinery and equipment | 23 | €552 | €434 | -€118 | -21.4% |
| Furniture and vehicles | 24 | €357 | €76 | -€281 | -78.6% |
| Current assets | 29/58 | €1,073,381 | €952,213 | -€121,169 | -11.3% |
| Amounts receivable within one year | 40/41 | €961,597 | €1,574 | -€960,024 | -99.8% |
| Other amounts receivable | 41 | €961,597 | €1,574 | -€960,024 | -99.8% |
| Current investments | 50/53 | €62,500 | €932,500 | +€870,000 | +1392.0% |
| Cash at bank and in hand | 54/58 | €49,284 | €11,839 | -€37,445 | -76.0% |
| Deferred charges and accrued income | 490/1 | - | €6,300 | +€6,300 | |
| Total equity and liabilities | 10/49 | €2,292,821 | €2,287,692 | -€5,129 | -0.2% |
| Equity | 10/15 | €2,202,295 | €2,226,460 | +€24,164 | +1.1% |
| Contributions | 10/11 | €700,000 | €700,000 | = | 0.0% |
| Reserves | 13 | €1,502,295 | €1,526,460 | +€24,164 | +1.6% |
| Tax-exempt reserves | 132 | €344,987 | €350,623 | +€5,636 | +1.6% |
| Distributable reserves | 133 | €1,157,309 | €1,175,837 | +€18,528 | +1.6% |
| Amounts payable | 17/49 | €90,526 | €61,233 | -€29,293 | -32.4% |
| Amounts payable after more than one year | 17 | €4,476 | €497 | -€3,978 | -88.9% |
| Financial debts | 170/4 | €3,978 | - | -€3,978 | |
| Other amounts payable | 178/9 | €497 | €497 | = | 0.0% |
| Amounts payable within one year | 42/48 | €86,050 | €60,736 | -€25,315 | -29.4% |
| Current portion of amounts payable after more than one year | 42 | €4,272 | €3,978 | -€294 | -6.9% |
| Trade debts | 44 | €31,514 | €3,257 | -€28,256 | -89.7% |
| Suppliers | 440/4 | €31,514 | €3,257 | -€28,256 | -89.7% |
| Taxes, remuneration and social security | 45 | €1,128 | €1,050 | -€78 | -6.9% |
| Taxes | 450/3 | €1,128 | €1,050 | -€78 | -6.9% |
| Other amounts payable | 47/48 | €49,137 | €52,450 | +€3,313 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,919 | €64,868 | +€17,949 | +38.3% |
| Other operating charges | 640/8 | €11,135 | €11,557 | +€421 | +3.8% |
| Gross operating margin | 9900 | €82,950 | €93,371 | +€10,421 | +12.6% |
| Operating profit (loss) | 9901 | €24,896 | €16,947 | -€7,949 | -31.9% |
| Financial income | 75/76B | €17,012 | €22,371 | +€5,359 | +31.5% |
| Recurring financial income | 75 | €17,012 | €22,371 | +€5,359 | +31.5% |
| Financial charges | 65/66B | €4,328 | €3,391 | -€937 | -21.6% |
| Recurring financial charges | 65 | €4,328 | €3,391 | -€937 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €37,580 | €35,926 | -€1,653 | -4.4% |
| Income taxes | 67/77 | €28,837 | €11,762 | -€17,075 | -59.2% |
| Profit (loss) for the period | 9904 | €8,743 | €24,164 | +€15,421 | +176.4% |
| Transfer from tax-exempt reserves | 789 | €15,414 | €15,414 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €21,050 | €21,050 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,107 | €18,528 | +€15,421 | +496.4% |
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 6 October 2026 via checked.be.