IMMO CASA: 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 CASA
Largest movements
- Cash +€82,976
up €82,976 (+83.0%), from €99,936 to €182,912
mainly Net result for the year (+€47,743) and Other debts (+€44,030)
- Receivables within one year -€29,572
down €29,572 (-42.8%), from €69,082 to €39,510
of which Trade receivables: -€29,122
- Tangible fixed assets -€6,433
down €6,433 (-96.1%), from €6,693 to €261
of which Furniture and vehicles: -€5,540
- Financial fixed assets -€5,376
down €5,376 (-74.6%), from €7,206 to €1,830
- Other debts +€44,030
up €44,030 (+353.7%), from €12,448 to €56,478
- Tax, wage and social debts -€16,247
down €16,247 (-53.3%), from €30,496 to €14,249
of which Taxes: -€11,799
- Trade debts +€9,488
up €9,488 (+54.8%), from €17,313 to €26,801
- Advances received +€9,048
up €9,048 (+17.1%), from €53,021 to €62,069
- Current portion of long-term debt -€6,195
no longer reported in 2025 (was €6,195)
- Staff costs -€46,525
down €46,525 (-40.1%), from €116,057 to €69,531
- Gross operating margin -€13,723
down €13,723 (-9.5%), from €144,451 to €130,728
- Taxes -€2,958
down €2,958 (-49.2%), from €6,008 to €3,050
- Depreciation -€1,460
down €1,460 (-18.5%), from €7,892 to €6,433
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 | €185,563 | €225,430 | +€39,867 | +21.5% |
| Fixed assets | 21/28 | €13,900 | €2,091 | -€11,809 | -85.0% |
| Tangible fixed assets | 22/27 | €6,693 | €261 | -€6,433 | -96.1% |
| Plant, machinery and equipment | 23 | €1,153 | €261 | -€893 | -77.4% |
| Furniture and vehicles | 24 | €5,540 | - | -€5,540 | |
| Financial fixed assets | 28 | €7,206 | €1,830 | -€5,376 | -74.6% |
| Current assets | 29/58 | €171,663 | €223,339 | +€51,676 | +30.1% |
| Amounts receivable within one year | 40/41 | €69,082 | €39,510 | -€29,572 | -42.8% |
| Trade receivables | 40 | €68,632 | €39,510 | -€29,122 | -42.4% |
| Other amounts receivable | 41 | €450 | - | -€450 | |
| Cash at bank and in hand | 54/58 | €99,936 | €182,912 | +€82,976 | +83.0% |
| Deferred charges and accrued income | 490/1 | €2,646 | €917 | -€1,728 | -65.3% |
| Total equity and liabilities | 10/49 | €185,563 | €225,430 | +€39,867 | +21.5% |
| Equity | 10/15 | €64,726 | €64,469 | -€257 | -0.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €30,078 | €30,078 | = | 0.0% |
| Tax-exempt reserves | 132 | €78 | €78 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,648 | €14,391 | -€257 | -1.8% |
| Amounts payable | 17/49 | €120,837 | €160,961 | +€40,124 | +33.2% |
| Amounts payable within one year | 42/48 | €119,473 | €159,597 | +€40,124 | +33.6% |
| Current portion of amounts payable after more than one year | 42 | €6,195 | - | -€6,195 | |
| Trade debts | 44 | €17,313 | €26,801 | +€9,488 | +54.8% |
| Suppliers | 440/4 | €17,313 | €26,801 | +€9,488 | +54.8% |
| Advances received on contracts in progress | 46 | €53,021 | €62,069 | +€9,048 | +17.1% |
| Taxes, remuneration and social security | 45 | €30,496 | €14,249 | -€16,247 | -53.3% |
| Taxes | 450/3 | €16,948 | €5,149 | -€11,799 | -69.6% |
| Remuneration and social security | 454/9 | €13,548 | €9,100 | -€4,448 | -32.8% |
| Other amounts payable | 47/48 | €12,448 | €56,478 | +€44,030 | +353.7% |
| Accrued charges and deferred income | 492/3 | €1,364 | €1,364 | = | 0.0% |
| Non-recurring operating income | 76A | €2,500 | - | -€2,500 | |
| Remuneration, social security and pensions | 62 | €116,057 | €69,531 | -€46,525 | -40.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,892 | €6,433 | -€1,460 | -18.5% |
| Other operating charges | 640/8 | €1,160 | €2,065 | +€905 | +78.0% |
| Gross operating margin | 9900 | €144,451 | €130,728 | -€13,723 | -9.5% |
| Operating profit (loss) | 9901 | €19,342 | €52,700 | +€33,357 | +172.5% |
| Financial income | 75/76B | €197 | €383 | +€186 | +94.5% |
| Recurring financial income | 75 | €197 | €383 | +€186 | +94.5% |
| Financial charges | 65/66B | €2,184 | €2,290 | +€107 | +4.9% |
| Recurring financial charges | 65 | €2,184 | €2,290 | +€107 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | €17,356 | €50,793 | +€33,437 | +192.7% |
| Income taxes | 67/77 | €6,008 | €3,050 | -€2,958 | -49.2% |
| Profit (loss) for the period | 9904 | €11,348 | €47,743 | +€36,395 | +320.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,348 | €47,743 | +€36,395 | +320.7% |
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.