IMMO CATCH: what changed
Two financial 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 CATCH
Largest movements
- Cash +€26,592
up €26,592 (+390%), from €6,825 to €33,418
mainly Net result for the year (+€56,543) and Tax, wage and social debts (+€9,004)
- Receivables within one year +€16,688
up €16,688 (+5.8%), from €287,278 to €303,966
of which Trade receivables: +€16,688
- Reserves +€56,543
up €56,543 (+16.2%), from €349,377 to €405,921
of which Distributable reserves: +€56,543
- Debts after one year -€28,863
down €28,863 (-85.6%), from €33,721 to €4,858
- Tax, wage and social debts +€9,004
up €9,004 (+75.0%), from €12,002 to €21,006
- Gross operating margin +€7,867
up €7,867 (+9.6%), from €82,214 to €90,081
- Depreciation +€2,202
up €2,202 (+35.7%), from €6,163 to €8,365
- Other operating charges +€2,017
up €2,017 (+60.8%), from €3,316 to €5,332
- Financial income -€1,270
down €1,270 (-26.9%), from €4,722 to €3,452
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.
Derived cash bridge
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 | €554,727 | €593,933 | +€39,206 | +7.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €260,415 | €256,294 | -€4,121 | -1.6% |
| Tangible fixed assets | 22/27 | €260,415 | €256,294 | -€4,121 | -1.6% |
| Land and buildings | 22 | €260,415 | €252,965 | -€7,450 | -2.9% |
| Furniture and vehicles | 24 | - | €3,328 | +€3,328 | |
| Current assets | 29/58 | €294,312 | €337,640 | +€43,327 | +14.7% |
| Amounts receivable within one year | 40/41 | €287,278 | €303,966 | +€16,688 | +5.8% |
| Trade receivables | 40 | €37,278 | €53,966 | +€16,688 | +44.8% |
| Other amounts receivable | 41 | €250,000 | €250,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,825 | €33,418 | +€26,592 | +390% |
| Deferred charges and accrued income | 490/1 | €209 | €256 | +€47 | +22.5% |
| Total equity and liabilities | 10/49 | €554,727 | €593,933 | +€39,206 | +7.1% |
| Equity | 10/15 | €369,377 | €425,921 | +€56,543 | +15.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €349,377 | €405,921 | +€56,543 | +16.2% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €90,909 | €90,909 | = | 0.0% |
| Distributable reserves | 133 | €256,468 | €313,012 | +€56,543 | +22.0% |
| Provisions and deferred taxes | 16 | €30,303 | €30,303 | = | 0.0% |
| Deferred taxes | 168 | €30,303 | €30,303 | = | 0.0% |
| Amounts payable | 17/49 | €155,047 | €137,710 | -€17,337 | -11.2% |
| Amounts payable after more than one year | 17 | €33,721 | €4,858 | -€28,863 | -85.6% |
| Financial debts | 170/4 | €33,721 | €4,858 | -€28,863 | -85.6% |
| Amounts payable within one year | 42/48 | €121,326 | €132,852 | +€11,526 | +9.5% |
| Current portion of amounts payable after more than one year | 42 | €28,385 | €28,863 | +€479 | +1.7% |
| Trade debts | 44 | €562 | €2,605 | +€2,044 | +364% |
| Suppliers | 440/4 | €562 | €2,605 | +€2,044 | +364% |
| Taxes, remuneration and social security | 45 | €12,002 | €21,006 | +€9,004 | +75.0% |
| Taxes | 450/3 | €12,002 | €21,006 | +€9,004 | +75.0% |
| Other amounts payable | 47/48 | €80,377 | €80,377 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,163 | €8,365 | +€2,202 | +35.7% |
| Other operating charges | 640/8 | €3,316 | €5,332 | +€2,017 | +60.8% |
| Gross operating margin | 9900 | €82,214 | €90,081 | +€7,867 | +9.6% |
| Operating profit (loss) | 9901 | €72,735 | €76,384 | +€3,649 | +5.0% |
| Financial income | 75/76B | €4,722 | €3,452 | -€1,270 | -26.9% |
| Recurring financial income | 75 | €4,722 | €3,452 | -€1,270 | -26.9% |
| Financial charges | 65/66B | €1,871 | €1,862 | -€9 | -0.5% |
| Recurring financial charges | 65 | €1,871 | €1,862 | -€9 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €75,586 | €77,974 | +€2,388 | +3.2% |
| Income taxes | 67/77 | €20,729 | €21,430 | +€702 | +3.4% |
| Profit (loss) for the period | 9904 | €54,857 | €56,543 | +€1,686 | +3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €54,857 | €56,543 | +€1,686 | +3.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.