IMMO-CONCEPT 2015: 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-CONCEPT 2015
Largest movements
- Tangible fixed assets -€21,730
down €21,730 (-7.5%), from €290,080 to €268,350
of which Land and buildings: -€25,160
- Cash -€19,739
down €19,739 (-17.9%), from €110,211 to €90,472
mainly Net result for the year (-€19,174) and Debts after one year (-€10,195)
- Profit (loss) carried forward -€19,174
down €19,174 (-20.0%), from €95,857 to €76,683
- Debts after one year -€10,195
down €10,195 (-23.4%), from €43,521 to €33,326
- Current portion of long-term debt -€8,396
down €8,396 (-45.7%), from €18,357 to €9,961
- Gross operating margin +€11,974
up €11,974, from -€770 to €11,204
- Depreciation -€2,382
down €2,382 (-7.7%), from €31,092 to €28,710
- Staff costs -€1,584
no longer reported in 2025 (was €1,584)
- Financial charges -€1,494
down €1,494 (-63.7%), from €2,346 to €852
- Taxes -€1,418
down €1,418 (-88.1%), from €1,610 to €192
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 | €433,609 | €395,356 | -€38,253 | -8.8% |
| Fixed assets | 21/28 | €290,130 | €268,400 | -€21,730 | -7.5% |
| Tangible fixed assets | 22/27 | €290,080 | €268,350 | -€21,730 | -7.5% |
| Land and buildings | 22 | €287,415 | €262,255 | -€25,160 | -8.8% |
| Plant, machinery and equipment | 23 | €1,315 | €1,316 | +€1 | +0.1% |
| Furniture and vehicles | 24 | €1,350 | €4,779 | +€3,429 | +254% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €143,479 | €126,956 | -€16,523 | -11.5% |
| Amounts receivable within one year | 40/41 | €30,000 | €31,100 | +€1,100 | +3.7% |
| Trade receivables | 40 | €30,000 | €31,090 | +€1,090 | +3.6% |
| Other amounts receivable | 41 | - | €10 | +€10 | |
| Cash at bank and in hand | 54/58 | €110,211 | €90,472 | -€19,739 | -17.9% |
| Deferred charges and accrued income | 490/1 | €3,268 | €5,384 | +€2,116 | +64.7% |
| Total equity and liabilities | 10/49 | €433,609 | €395,356 | -€38,253 | -8.8% |
| Equity | 10/15 | €123,357 | €104,183 | -€19,174 | -15.5% |
| Contributions | 10/11 | €27,500 | €27,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,857 | €76,683 | -€19,174 | -20.0% |
| Amounts payable | 17/49 | €310,252 | €291,173 | -€19,079 | -6.1% |
| Amounts payable after more than one year | 17 | €43,521 | €33,326 | -€10,195 | -23.4% |
| Financial debts | 170/4 | €43,521 | €33,326 | -€10,195 | -23.4% |
| Amounts payable within one year | 42/48 | €266,731 | €257,847 | -€8,884 | -3.3% |
| Current portion of amounts payable after more than one year | 42 | €18,357 | €9,961 | -€8,396 | -45.7% |
| Trade debts | 44 | €1,474 | €740 | -€734 | -49.8% |
| Suppliers | 440/4 | €1,474 | €740 | -€734 | -49.8% |
| Taxes, remuneration and social security | 45 | €1,385 | €1,300 | -€85 | -6.1% |
| Taxes | 450/3 | €85 | - | -€85 | |
| Remuneration and social security | 454/9 | €1,300 | €1,300 | = | 0.0% |
| Other amounts payable | 47/48 | €245,515 | €245,846 | +€331 | +0.1% |
| Remuneration, social security and pensions | 62 | €1,584 | - | -€1,584 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,092 | €28,710 | -€2,382 | -7.7% |
| Other operating charges | 640/8 | €547 | €534 | -€13 | -2.4% |
| Non-recurring operating charges | 66A | €15,025 | €90 | -€14,935 | -99.4% |
| Gross operating margin | 9900 | -€770 | €11,204 | +€11,974 | |
| Operating profit (loss) | 9901 | -€49,018 | -€18,130 | +€30,888 | +63.0% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €2,346 | €852 | -€1,494 | -63.7% |
| Recurring financial charges | 65 | €2,346 | €852 | -€1,494 | -63.7% |
| Profit (loss) for the period before taxes | 9903 | -€51,354 | -€18,982 | +€32,372 | +63.0% |
| Income taxes | 67/77 | €1,610 | €192 | -€1,418 | -88.1% |
| Profit (loss) for the period | 9904 | -€52,964 | -€19,174 | +€33,790 | +63.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€52,964 | -€19,174 | +€33,790 | +63.8% |
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 26 October 2026 via checked.be.