IMMO CENTRAL: 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 CENTRAL
Largest movements
- Financial fixed assets +€3.7m
up €3.7m (+137.1%), from €2.7m to €6.4m
- Cash +€3.3m
up €3.3m (+2263.7%), from €147,950 to €3.5m
mainly Net result for the year (+€8.6m) and Debts after one year (+€1.7m)
- Receivables after one year +€475,407
up €475,407 (+477.3%), from €99,593 to €575,000
- Receivables within one year +€317,912
up €317,912 (+420.7%), from €75,574 to €393,486
of which Other amounts receivable: +€317,912
- Tangible fixed assets -€187,711
down €187,711 (-5.7%), from €3.3m to €3.1m
of which Land and buildings: -€200,160
- Reserves +€7.0m
up €7.0m (+435.0%), from €1.6m to €8.7m
of which Distributable reserves: +€7.0m
- Debts after one year +€1.7m
up €1.7m (+98.4%), from €1.7m to €3.4m
- Tax, wage and social debts -€842,680
down €842,680 (-100.0%), from €842,680 to €0
- Other debts -€396,445
down €396,445 (-21.4%), from €1.9m to €1.5m
- Current portion of long-term debt +€202,882
up €202,882 (+53.3%), from €380,455 to €583,337
- Financial income +€8.0m
up €8.0m (+5322.9%), from €150,562 to €8.2m
of which Non-recurring financial income: +€8.1m
- Other operating income +€106,269
up €106,269 (+13.0%), from €816,704 to €922,973
- Turnover -€44,060
down €44,060 (-28.9%), from €152,619 to €108,559
- Financial charges -€43,128
down €43,128 (-22.4%), from €192,373 to €149,245
of which Financial charges: -€57,862
- Taxes +€31,481
up €31,481 (+27.7%), from €113,524 to €145,005
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 | €7,307,480 | €14,970,215 | +€7.7m | +104.9% |
| Fixed assets | 21/28 | €5,980,659 | €9,501,597 | +€3.5m | +58.9% |
| Tangible fixed assets | 22/27 | €3,275,308 | €3,087,597 | -€187,711 | -5.7% |
| Land and buildings | 22 | €3,275,308 | €3,075,148 | -€200,160 | -6.1% |
| Plant, machinery and equipment | 23 | - | €12,449 | +€12,449 | |
| Financial fixed assets | 28 | €2,705,351 | €6,414,000 | +€3.7m | +137.1% |
| Affiliated companies | 280/1 | €2,705,351 | €6,414,000 | +€3.7m | +137.1% |
| Participating interests | 280 | €2,705,351 | €6,414,000 | +€3.7m | +137.1% |
| Current assets | 29/58 | €1,326,822 | €5,468,618 | +€4.1m | +312.2% |
| Amounts receivable after more than one year | 29 | €99,593 | €575,000 | +€475,407 | +477.3% |
| Other amounts receivable | 291 | €99,593 | €575,000 | +€475,407 | +477.3% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €75,574 | €393,486 | +€317,912 | +420.7% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €75,574 | €393,486 | +€317,912 | +420.7% |
| Current investments | 50/53 | €1,000,818 | €1,000,818 | = | 0.0% |
| Own shares | 50 | €1,000,818 | €1,000,818 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €147,950 | €3,497,121 | +€3.3m | +2263.7% |
| Deferred charges and accrued income | 490/1 | €2,886 | €2,193 | -€693 | -24.0% |
| Total equity and liabilities | 10/49 | €7,307,480 | €14,970,215 | +€7.7m | +104.9% |
| Equity | 10/15 | €2,524,602 | €9,559,727 | +€7.0m | +278.7% |
| Contributions | 10/11 | €907,201 | €907,201 | = | 0.0% |
| Capital | 10 | €900,000 | €900,000 | = | 0.0% |
| Issued capital | 100 | €900,000 | €900,000 | = | 0.0% |
| Contributions outside capital | 11 | €7,201 | €7,201 | = | 0.0% |
| Share premium | 1100/10 | €7,201 | €7,201 | = | 0.0% |
| Reserves | 13 | €1,617,401 | €8,652,526 | +€7.0m | +435.0% |
| Non-distributable reserves | 130/1 | €1,073,037 | €1,090,825 | +€17,788 | +1.7% |
| Legal reserve | 130 | €72,212 | €90,000 | +€17,788 | +24.6% |
| Reserves not available under the articles | 1311 | €7 | €7 | = | 0.0% |
| Own shares acquired | 1312 | €1,000,818 | €1,000,818 | = | 0.0% |
| Distributable reserves | 133 | €544,364 | €7,561,702 | +€7.0m | +1289.1% |
| Amounts payable | 17/49 | €4,782,878 | €5,410,487 | +€627,609 | +13.1% |
| Amounts payable after more than one year | 17 | €1,694,330 | €3,360,992 | +€1.7m | +98.4% |
| Financial debts | 170/4 | €1,694,330 | €3,360,992 | +€1.7m | +98.4% |
| Credit institutions | 173 | €734,330 | €2,520,992 | +€1.8m | +243.3% |
| Other loans | 174 | €960,000 | €840,000 | -€120,000 | -12.5% |
| Amounts payable within one year | 42/48 | €3,086,797 | €2,048,119 | -€1.0m | -33.6% |
| Current portion of amounts payable after more than one year | 42 | €380,455 | €583,337 | +€202,882 | +53.3% |
| Trade debts | 44 | €12,478 | €10,043 | -€2,435 | -19.5% |
| Suppliers | 440/4 | €12,478 | €10,043 | -€2,435 | -19.5% |
| Taxes, remuneration and social security | 45 | €842,680 | €0 | -€842,680 | -100.0% |
| Taxes | 450/3 | €842,680 | €0 | -€842,680 | -100.0% |
| Other amounts payable | 47/48 | €1,851,184 | €1,454,739 | -€396,445 | -21.4% |
| Accrued charges and deferred income | 492/3 | €1,752 | €1,376 | -€376 | -21.5% |
| Operating income | 70/76A | €969,323 | €1,031,533 | +€62,209 | +6.4% |
| Turnover | 70 | €152,619 | €108,559 | -€44,060 | -28.9% |
| Other operating income | 74 | €816,704 | €922,973 | +€106,269 | +13.0% |
| Operating charges | 60/66A | €323,747 | €322,541 | -€1,206 | -0.4% |
| Goods for resale, raw materials and consumables | 60 | - | €720 | +€720 | |
| Purchases | 600/8 | - | €720 | +€720 | |
| Services and other goods | 61 | €50,982 | €41,933 | -€9,050 | -17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200,976 | €201,292 | +€316 | +0.2% |
| Other operating charges | 640/8 | €71,789 | €78,597 | +€6,808 | +9.5% |
| Operating profit (loss) | 9901 | €645,576 | €708,992 | +€63,416 | +9.8% |
| Financial income | 75/76B | €150,562 | €8,164,748 | +€8.0m | +5322.9% |
| Recurring financial income | 75 | €150,562 | €55,518 | -€95,044 | -63.1% |
| Income from financial fixed assets | 750 | €149,670 | €50,000 | -€99,670 | -66.6% |
| Income from current assets | 751 | €892 | €5,518 | +€4,626 | +518.8% |
| Other financial income | 752/9 | €0 | - | = | |
| Non-recurring financial income | 76B | - | €8,109,230 | +€8.1m | |
| Financial charges | 65/66B | €192,373 | €149,245 | -€43,128 | -22.4% |
| Recurring financial charges | 65 | €192,373 | €134,511 | -€57,862 | -30.1% |
| Debt charges | 650 | €192,147 | €134,041 | -€58,106 | -30.2% |
| Other financial charges | 652/9 | €226 | €470 | +€244 | +108.1% |
| Non-recurring financial charges | 66B | - | €14,734 | +€14,734 | |
| Profit (loss) for the period before taxes | 9903 | €603,765 | €8,724,495 | +€8.1m | +1345.0% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €113,524 | €145,005 | +€31,481 | +27.7% |
| Taxes | 670/3 | €113,524 | €145,005 | +€31,481 | +27.7% |
| Profit (loss) for the period | 9904 | €490,241 | €8,579,490 | +€8.1m | +1650.1% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €490,241 | €8,579,490 | +€8.1m | +1650.1% |
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 12 October 2026 via checked.be.