IMMO CENTER: 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 CENTER
Largest movements
- Tangible fixed assets +€261,933
up €261,933 (+35.4%), from €740,170 to €1.0m
- Receivables within one year +€209,221
new in 2025: €209,221
- Cash -€72,542
down €72,542 (-19.5%), from €372,757 to €300,215
mainly Investment in fixed assets (net) (-€298,299) and Receivables within one year (-€209,221)
- Debts after one year +€173,333
new in 2025: €173,333
- Other debts +€163,937
up €163,937 (+341.5%), from €48,000 to €211,937
- Current portion of long-term debt +€36,667
up €36,667 (+88.0%), from €41,666 to €78,333
- Tax, wage and social debts +€31,248
new in 2025: €31,248
- Purchases and services -€98,137
down €98,137 (-74.7%), from €131,460 to €33,323
- Gross operating margin +€68,165
up €68,165 (+22.7%), from €300,429 to €368,594
- Taxes +€37,304
up €37,304 (+73.6%), from €50,658 to €87,962
- Depreciation -€15,425
down €15,425 (-29.8%), from €51,791 to €36,366
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 | €1,122,744 | €1,521,356 | +€398,612 | +35.5% |
| Fixed assets | 21/28 | €749,987 | €1,011,920 | +€261,933 | +34.9% |
| Tangible fixed assets | 22/27 | €740,170 | €1,002,103 | +€261,933 | +35.4% |
| Land and buildings | 22 | €740,170 | €1,002,103 | +€261,933 | +35.4% |
| Financial fixed assets | 28 | €9,817 | €9,817 | = | 0.0% |
| Current assets | 29/58 | €372,757 | €509,436 | +€136,679 | +36.7% |
| Amounts receivable within one year | 40/41 | - | €209,221 | +€209,221 | |
| Other amounts receivable | 41 | - | €209,221 | +€209,221 | |
| Cash at bank and in hand | 54/58 | €372,757 | €300,215 | -€72,542 | -19.5% |
| Total equity and liabilities | 10/49 | €1,122,744 | €1,521,356 | +€398,612 | +35.5% |
| Equity | 10/15 | €1,025,283 | €1,017,712 | -€7,571 | -0.7% |
| Contributions | 10/11 | €400,002 | €400,002 | = | 0.0% |
| Capital | 10 | €400,000 | €400,000 | = | 0.0% |
| Issued capital | 100 | €400,000 | €400,000 | = | 0.0% |
| Contributions outside capital | 11 | €2 | €2 | = | 0.0% |
| Share premium | 1100/10 | €2 | €2 | = | 0.0% |
| Reserves | 13 | €466,934 | €454,084 | -€12,850 | -2.8% |
| Non-distributable reserves | 130/1 | €37,184 | €37,184 | = | 0.0% |
| Legal reserve | 130 | €37,184 | €37,184 | = | 0.0% |
| Tax-exempt reserves | 132 | €429,750 | €416,900 | -€12,850 | -3.0% |
| Profit (loss) carried forward | 14 | €158,347 | €163,626 | +€5,279 | +3.3% |
| Amounts payable | 17/49 | €97,461 | €503,644 | +€406,183 | +416.8% |
| Amounts payable after more than one year | 17 | - | €173,333 | +€173,333 | |
| Financial debts | 170/4 | - | €173,333 | +€173,333 | |
| Amounts payable within one year | 42/48 | €89,666 | €322,516 | +€232,850 | +259.7% |
| Current portion of amounts payable after more than one year | 42 | €41,666 | €78,333 | +€36,667 | +88.0% |
| Trade debts | 44 | - | €998 | +€998 | |
| Suppliers | 440/4 | - | €998 | +€998 | |
| Taxes, remuneration and social security | 45 | - | €31,248 | +€31,248 | |
| Taxes | 450/3 | - | €31,248 | +€31,248 | |
| Other amounts payable | 47/48 | €48,000 | €211,937 | +€163,937 | +341.5% |
| Accrued charges and deferred income | 492/3 | €7,795 | €7,795 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €131,460 | €33,323 | -€98,137 | -74.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,791 | €36,366 | -€15,425 | -29.8% |
| Other operating charges | 640/8 | €55,820 | €52,337 | -€3,483 | -6.2% |
| Gross operating margin | 9900 | €300,429 | €368,594 | +€68,165 | +22.7% |
| Operating profit (loss) | 9901 | €192,818 | €279,891 | +€87,073 | +45.2% |
| Financial income | 75/76B | €2,194 | €2,905 | +€711 | +32.4% |
| Recurring financial income | 75 | €2,194 | €2,905 | +€711 | +32.4% |
| Financial charges | 65/66B | €289 | €3,126 | +€2,837 | +981.7% |
| Recurring financial charges | 65 | €289 | €3,126 | +€2,837 | +981.7% |
| Profit (loss) for the period before taxes | 9903 | €194,723 | €279,670 | +€84,947 | +43.6% |
| Income taxes | 67/77 | €50,658 | €87,962 | +€37,304 | +73.6% |
| Profit (loss) for the period | 9904 | €144,065 | €191,708 | +€47,643 | +33.1% |
| Transfer from tax-exempt reserves | 789 | €12,850 | €12,850 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €156,915 | €204,558 | +€47,643 | +30.4% |
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 11 October 2026 via checked.be.