IMMO-C: 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-C
Largest movements
- Tangible fixed assets -€132,669
down €132,669 (-5.3%), from €2.5m to €2.4m
- Receivables within one year +€130,541
up €130,541 (+68.9%), from €189,511 to €320,053
of which Other amounts receivable: +€130,291
- Profit (loss) carried forward +€67,719
up €67,719 (+36.3%), from €186,375 to €254,094
- Debts after one year -€66,667
down €66,667 (-10.8%), from €616,667 to €550,000
- Financial charges -€14,029
down €14,029 (-33.8%), from €41,477 to €27,448
- Gross operating margin +€10,247
up €10,247 (+3.8%), from €266,578 to €276,825
- Taxes +€7,007
up €7,007 (+39.7%), from €17,668 to €24,674
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 | €2,706,174 | €2,704,106 | -€2,068 | -0.1% |
| Fixed assets | 21/28 | €2,516,226 | €2,383,556 | -€132,669 | -5.3% |
| Tangible fixed assets | 22/27 | €2,516,226 | €2,383,556 | -€132,669 | -5.3% |
| Land and buildings | 22 | €2,516,226 | €2,383,556 | -€132,669 | -5.3% |
| Current assets | 29/58 | €189,949 | €320,550 | +€130,601 | +68.8% |
| Amounts receivable within one year | 40/41 | €189,511 | €320,053 | +€130,541 | +68.9% |
| Trade receivables | 40 | - | €250 | +€250 | |
| Other amounts receivable | 41 | €189,511 | €319,803 | +€130,291 | +68.8% |
| Cash at bank and in hand | 54/58 | €438 | €497 | +€60 | +13.6% |
| Total equity and liabilities | 10/49 | €2,706,174 | €2,704,106 | -€2,068 | -0.1% |
| Equity | 10/15 | €1,996,375 | €2,067,694 | +€71,319 | +3.6% |
| Contributions | 10/11 | €1,800,000 | €1,800,000 | = | 0.0% |
| Capital | 10 | €1,800,000 | €1,800,000 | = | 0.0% |
| Issued capital | 100 | €1,800,000 | €1,800,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €13,600 | +€3,600 | +36.0% |
| Non-distributable reserves | 130/1 | €10,000 | €13,600 | +€3,600 | +36.0% |
| Legal reserve | 130 | €10,000 | €13,600 | +€3,600 | +36.0% |
| Profit (loss) carried forward | 14 | €186,375 | €254,094 | +€67,719 | +36.3% |
| Amounts payable | 17/49 | €709,800 | €636,412 | -€73,387 | -10.3% |
| Amounts payable after more than one year | 17 | €616,667 | €550,000 | -€66,667 | -10.8% |
| Financial debts | 170/4 | €616,667 | €550,000 | -€66,667 | -10.8% |
| Amounts payable within one year | 42/48 | €93,133 | €86,412 | -€6,721 | -7.2% |
| Current portion of amounts payable after more than one year | 42 | €66,667 | €66,667 | = | 0.0% |
| Financial debts | 43 | - | €8,797 | +€8,797 | |
| Credit institutions | 430/8 | - | €8,797 | +€8,797 | |
| Trade debts | 44 | €23,766 | €1,248 | -€22,518 | -94.7% |
| Suppliers | 440/4 | €23,766 | €1,248 | -€22,518 | -94.7% |
| Taxes, remuneration and social security | 45 | €2,700 | €9,700 | +€7,000 | +259.3% |
| Taxes | 450/3 | €2,700 | €9,700 | +€7,000 | +259.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €132,669 | €132,669 | = | 0.0% |
| Other operating charges | 640/8 | €23,755 | €24,506 | +€752 | +3.2% |
| Gross operating margin | 9900 | €266,578 | €276,825 | +€10,247 | +3.8% |
| Operating profit (loss) | 9901 | €110,154 | €119,650 | +€9,495 | +8.6% |
| Financial income | 75/76B | €1,764 | €3,791 | +€2,027 | +114.9% |
| Recurring financial income | 75 | €1,764 | €3,791 | +€2,027 | +114.9% |
| Financial charges | 65/66B | €41,477 | €27,448 | -€14,029 | -33.8% |
| Recurring financial charges | 65 | €41,477 | €27,448 | -€14,029 | -33.8% |
| Profit (loss) for the period before taxes | 9903 | €70,442 | €95,993 | +€25,552 | +36.3% |
| Income taxes | 67/77 | €17,668 | €24,674 | +€7,007 | +39.7% |
| Profit (loss) for the period | 9904 | €52,774 | €71,319 | +€18,545 | +35.1% |
| Profit (loss) for the period to be appropriated | 9905 | €52,774 | €71,319 | +€18,545 | +35.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.