Immo Claeys: 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 Claeys
Largest movements
- Receivables within one year +€16,800
up €16,800 (+1200.0%), from €1,400 to €18,200
of which Trade receivables: +€16,800
- Tangible fixed assets -€11,460
down €11,460 (-1.3%), from €850,805 to €839,345
- Cash +€9,246
up €9,246 (+125.7%), from €7,357 to €16,603
mainly Depreciation (+€33,768) and Debts after one year (+€17,467)
- Other debts -€24,700
down €24,700 (-23.8%), from €103,761 to €79,061
- Debts after one year +€17,467
up €17,467 (+3.0%), from €574,222 to €591,689
- Current portion of long-term debt +€13,998
up €13,998 (+40.0%), from €34,982 to €48,980
- Gross operating margin +€24,701
up €24,701 (+49.1%), from €50,259 to €74,960
- Depreciation -€13,481
down €13,481 (-28.5%), from €47,249 to €33,768
- Financial charges +€10,045
up €10,045 (+54.5%), from €18,442 to €28,487
- Other operating charges -€1,019
down €1,019 (-17.1%), from €5,971 to €4,952
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 | €859,562 | €874,648 | +€15,086 | +1.8% |
| Fixed assets | 21/28 | €850,805 | €839,345 | -€11,460 | -1.3% |
| Tangible fixed assets | 22/27 | €850,805 | €839,345 | -€11,460 | -1.3% |
| Land and buildings | 22 | €850,805 | €839,345 | -€11,460 | -1.3% |
| Current assets | 29/58 | €8,757 | €35,303 | +€26,546 | +303.1% |
| Amounts receivable within one year | 40/41 | €1,400 | €18,200 | +€16,800 | +1200.0% |
| Trade receivables | 40 | - | €16,800 | +€16,800 | |
| Other amounts receivable | 41 | €1,400 | €1,400 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €7,357 | €16,603 | +€9,246 | +125.7% |
| Deferred charges and accrued income | 490/1 | - | €500 | +€500 | |
| Total equity and liabilities | 10/49 | €859,562 | €874,648 | +€15,086 | +1.8% |
| Equity | 10/15 | €146,597 | €154,350 | +€7,753 | +5.3% |
| Contributions | 10/11 | €168,000 | €168,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,403 | -€13,650 | +€7,753 | +36.2% |
| Amounts payable | 17/49 | €712,965 | €720,298 | +€7,333 | +1.0% |
| Amounts payable after more than one year | 17 | €574,222 | €591,689 | +€17,467 | +3.0% |
| Financial debts | 170/4 | €574,222 | €591,689 | +€17,467 | +3.0% |
| Amounts payable within one year | 42/48 | €138,743 | €128,609 | -€10,134 | -7.3% |
| Current portion of amounts payable after more than one year | 42 | €34,982 | €48,980 | +€13,998 | +40.0% |
| Trade debts | 44 | - | €568 | +€568 | |
| Suppliers | 440/4 | - | €568 | +€568 | |
| Other amounts payable | 47/48 | €103,761 | €79,061 | -€24,700 | -23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,249 | €33,768 | -€13,481 | -28.5% |
| Other operating charges | 640/8 | €5,971 | €4,952 | -€1,019 | -17.1% |
| Gross operating margin | 9900 | €50,259 | €74,960 | +€24,701 | +49.1% |
| Operating profit (loss) | 9901 | -€2,961 | €36,240 | +€39,201 | |
| Financial charges | 65/66B | €18,442 | €28,487 | +€10,045 | +54.5% |
| Recurring financial charges | 65 | €18,442 | €28,487 | +€10,045 | +54.5% |
| Profit (loss) for the period before taxes | 9903 | -€21,403 | €7,753 | +€29,156 | |
| Profit (loss) for the period | 9904 | -€21,403 | €7,753 | +€29,156 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,403 | €7,753 | +€29,156 |
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 8 October 2026 via checked.be.