Immo Camps: 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 Camps
Largest movements
- Receivables after one year -€90,000
down €90,000 (-15.5%), from €580,000 to €490,000
- Receivables within one year +€30,000
new in 2025: €30,000
- Cash +€25,840
up €25,840 (+70.5%), from €36,657 to €62,496
mainly Receivables after one year (+€90,000) and Other debts (+€67,849)
- Tangible fixed assets +€25,658
up €25,658 (+5.4%), from €472,783 to €498,442
- Debts after one year -€100,523
down €100,523 (-13.7%), from €732,309 to €631,786
- Other debts +€67,849
up €67,849 (+2323.1%), from €2,921 to €70,770
- Reserves +€16,856
up €16,856 (+10.4%), from €161,548 to €178,404
- Financial income -€10,267
down €10,267 (-25.0%), from €41,004 to €30,738
- Financial charges -€10,092
down €10,092 (-28.9%), from €34,959 to €24,866
- Gross operating margin -€6,977
down €6,977 (-12.4%), from €56,244 to €49,267
- Taxes -€3,214
down €3,214 (-28.9%), from €11,134 to €7,920
- Depreciation +€2,516
up €2,516 (+13.6%), from €18,502 to €21,017
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 | €1,093,766 | €1,081,314 | -€12,452 | -1.1% |
| Fixed assets | 21/28 | €472,783 | €498,442 | +€25,658 | +5.4% |
| Tangible fixed assets | 22/27 | €472,783 | €498,442 | +€25,658 | +5.4% |
| Land and buildings | 22 | €472,783 | €498,442 | +€25,658 | +5.4% |
| Current assets | 29/58 | €620,983 | €582,873 | -€38,110 | -6.1% |
| Amounts receivable after more than one year | 29 | €580,000 | €490,000 | -€90,000 | -15.5% |
| Other amounts receivable | 291 | €580,000 | €490,000 | -€90,000 | -15.5% |
| Amounts receivable within one year | 40/41 | - | €30,000 | +€30,000 | |
| Other amounts receivable | 41 | - | €30,000 | +€30,000 | |
| Cash at bank and in hand | 54/58 | €36,657 | €62,496 | +€25,840 | +70.5% |
| Deferred charges and accrued income | 490/1 | €4,326 | €376 | -€3,950 | -91.3% |
| Total equity and liabilities | 10/49 | €1,093,766 | €1,081,314 | -€12,452 | -1.1% |
| Equity | 10/15 | €313,335 | €330,192 | +€16,856 | +5.4% |
| Contributions | 10/11 | €151,787 | €151,787 | = | 0.0% |
| Reserves | 13 | €161,548 | €178,404 | +€16,856 | +10.4% |
| Distributable reserves | 133 | €161,548 | €178,404 | +€16,856 | +10.4% |
| Amounts payable | 17/49 | €780,431 | €751,123 | -€29,308 | -3.8% |
| Amounts payable after more than one year | 17 | €732,309 | €631,786 | -€100,523 | -13.7% |
| Financial debts | 170/4 | €732,309 | €631,786 | -€100,523 | -13.7% |
| Amounts payable within one year | 42/48 | €45,266 | €116,446 | +€71,180 | +157.2% |
| Current portion of amounts payable after more than one year | 42 | €32,188 | €33,031 | +€844 | +2.6% |
| Trade debts | 44 | €6,490 | €8,718 | +€2,228 | +34.3% |
| Suppliers | 440/4 | €6,490 | €8,718 | +€2,228 | +34.3% |
| Taxes, remuneration and social security | 45 | €3,668 | €3,927 | +€259 | +7.1% |
| Taxes | 450/3 | €3,668 | €3,927 | +€259 | +7.1% |
| Other amounts payable | 47/48 | €2,921 | €70,770 | +€67,849 | +2323.1% |
| Accrued charges and deferred income | 492/3 | €2,856 | €2,891 | +€35 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,502 | €21,017 | +€2,516 | +13.6% |
| Other operating charges | 640/8 | €8,795 | €9,344 | +€549 | +6.2% |
| Gross operating margin | 9900 | €56,244 | €49,267 | -€6,977 | -12.4% |
| Operating profit (loss) | 9901 | €28,947 | €18,905 | -€10,042 | -34.7% |
| Financial income | 75/76B | €41,004 | €30,738 | -€10,267 | -25.0% |
| Recurring financial income | 75 | €41,004 | €30,738 | -€10,267 | -25.0% |
| Financial charges | 65/66B | €34,959 | €24,866 | -€10,092 | -28.9% |
| Recurring financial charges | 65 | €34,959 | €24,866 | -€10,092 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | €34,992 | €24,776 | -€10,216 | -29.2% |
| Income taxes | 67/77 | €11,134 | €7,920 | -€3,214 | -28.9% |
| Profit (loss) for the period | 9904 | €23,858 | €16,856 | -€7,002 | -29.3% |
| Profit (loss) for the period to be appropriated | 9905 | €23,858 | €16,856 | -€7,002 | -29.3% |
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.