IMMO C&S: 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&S
Largest movements
- Tangible fixed assets -€52,518
down €52,518 (-5.1%), from €1.0m to €984,043
of which Land and buildings: -€52,488
- Debts after one year -€57,859
down €57,859 (-9.0%), from €642,100 to €584,241
- Gross operating margin +€10,194
up €10,194 (+13.7%), from €74,205 to €84,399
- Taxes +€3,501
new in 2025: €3,501
- Financial charges -€1,223
down €1,223 (-9.3%), from €13,095 to €11,872
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 | €1,052,477 | €1,007,622 | -€44,855 | -4.3% |
| Fixed assets | 21/28 | €1,036,561 | €984,043 | -€52,518 | -5.1% |
| Tangible fixed assets | 22/27 | €1,036,561 | €984,043 | -€52,518 | -5.1% |
| Land and buildings | 22 | €1,036,518 | €984,029 | -€52,488 | -5.1% |
| Furniture and vehicles | 24 | €44 | €14 | -€30 | -68.4% |
| Current assets | 29/58 | €15,915 | €23,579 | +€7,663 | +48.2% |
| Amounts receivable within one year | 40/41 | €10,123 | €14,996 | +€4,872 | +48.1% |
| Trade receivables | 40 | €123 | €4,996 | +€4,872 | +3946.4% |
| Other amounts receivable | 41 | €10,000 | €10,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,792 | €8,583 | +€2,791 | +48.2% |
| Total equity and liabilities | 10/49 | €1,052,477 | €1,007,622 | -€44,855 | -4.3% |
| Equity | 10/15 | €41,199 | €50,817 | +€9,618 | +23.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €36,000 | €45,600 | +€9,600 | +26.7% |
| Distributable reserves | 133 | €36,000 | €45,600 | +€9,600 | +26.7% |
| Profit (loss) carried forward | 14 | €199 | €217 | +€18 | +9.0% |
| Amounts payable | 17/49 | €1,011,278 | €956,805 | -€54,473 | -5.4% |
| Amounts payable after more than one year | 17 | €642,100 | €584,241 | -€57,859 | -9.0% |
| Financial debts | 170/4 | €642,100 | €584,241 | -€57,859 | -9.0% |
| Amounts payable within one year | 42/48 | €364,483 | €367,923 | +€3,440 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | €56,869 | €57,859 | +€990 | +1.7% |
| Trade debts | 44 | €179,901 | €177,984 | -€1,917 | -1.1% |
| Suppliers | 440/4 | €179,901 | €177,984 | -€1,917 | -1.1% |
| Taxes, remuneration and social security | 45 | €4,713 | €9,080 | +€4,367 | +92.7% |
| Taxes | 450/3 | €4,713 | €9,080 | +€4,367 | +92.7% |
| Other amounts payable | 47/48 | €123,000 | €123,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €4,695 | €4,641 | -€54 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,516 | €52,518 | +€3 | 0.0% |
| Other operating charges | 640/8 | €6,682 | €6,890 | +€208 | +3.1% |
| Gross operating margin | 9900 | €74,205 | €84,399 | +€10,194 | +13.7% |
| Operating profit (loss) | 9901 | €15,007 | €24,991 | +€9,983 | +66.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €13,095 | €11,872 | -€1,223 | -9.3% |
| Recurring financial charges | 65 | €13,095 | €11,872 | -€1,223 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €1,912 | €13,119 | +€11,207 | +586.1% |
| Income taxes | 67/77 | - | €3,501 | +€3,501 | |
| Profit (loss) for the period | 9904 | €1,912 | €9,618 | +€7,706 | +403.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,912 | €9,618 | +€7,706 | +403.0% |
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 5 October 2026 via checked.be.