IMMO CAPITALE: 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 CAPITALE
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward -€33,631
down €33,631 (-4.8%), from -€705,287 to -€738,918
- Other debts +€22,400
up €22,400 (+3.7%), from €612,119 to €634,519
- Accrued charges and deferred income +€9,458
up €9,458 (+977.3%), from €968 to €10,425
- Trade debts +€4,257
up €4,257 (+4.2%), from €100,552 to €104,809
- Gross operating margin +€16,329
up €16,329 (+81.2%), from -€20,113 to -€3,784
- Financial income -€7,809
no longer reported in 2025 (was €7,809)
of which Financial income: -€7,809
- Financial charges -€4,566
down €4,566 (-18.6%), from €24,603 to €20,037
- Other operating charges -€536
down €536 (-5.1%), from €10,455 to €9,919
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €390,722 | €390,722 | = | 0.0% |
| Fixed assets | 21/28 | €400 | €400 | = | 0.0% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €390,322 | €390,322 | = | 0.0% |
| Stocks and contracts in progress | 3 | €383,432 | €383,432 | = | 0.0% |
| Stocks | 30/36 | €383,432 | €383,432 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,890 | €6,890 | = | 0.0% |
| Other amounts receivable | 41 | €6,890 | €6,890 | = | 0.0% |
| Total equity and liabilities | 10/49 | €390,722 | €390,722 | = | 0.0% |
| Equity | 10/15 | -€643,287 | -€676,918 | -€33,631 | -5.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€705,287 | -€738,918 | -€33,631 | -4.8% |
| Amounts payable | 17/49 | €1,034,009 | €1,067,640 | +€33,631 | +3.3% |
| Amounts payable within one year | 42/48 | €1,033,041 | €1,057,215 | +€24,173 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €315,000 | €315,000 | = | 0.0% |
| Financial debts | 43 | €5,371 | €2,887 | -€2,484 | -46.2% |
| Credit institutions | 430/8 | €5,371 | €2,887 | -€2,484 | -46.2% |
| Trade debts | 44 | €100,552 | €104,809 | +€4,257 | +4.2% |
| Suppliers | 440/4 | €100,552 | €104,809 | +€4,257 | +4.2% |
| Other amounts payable | 47/48 | €612,119 | €634,519 | +€22,400 | +3.7% |
| Accrued charges and deferred income | 492/3 | €968 | €10,425 | +€9,458 | +977.3% |
| Other operating charges | 640/8 | €10,455 | €9,919 | -€536 | -5.1% |
| Gross operating margin | 9900 | -€20,113 | -€3,784 | +€16,329 | +81.2% |
| Operating profit (loss) | 9901 | -€30,568 | -€13,703 | +€16,865 | +55.2% |
| Financial income | 75/76B | €7,809 | - | -€7,809 | |
| Recurring financial income | 75 | €7,809 | - | -€7,809 | |
| Non-recurring financial income | 76B | €7,809 | - | -€7,809 | |
| Financial charges | 65/66B | €24,603 | €20,037 | -€4,566 | -18.6% |
| Recurring financial charges | 65 | €24,603 | €20,037 | -€4,566 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | -€47,362 | -€33,740 | +€13,622 | +28.8% |
| Transfer from deferred taxes | 780 | - | €109 | +€109 | |
| Profit (loss) for the period | 9904 | -€47,362 | -€33,631 | +€13,731 | +29.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€47,362 | -€33,631 | +€13,731 | +29.0% |
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 29 September 2026 via checked.be.