IMMO COP: 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 COP
Largest movements
- Receivables within one year -€117,738
down €117,738 (-81.3%), from €144,836 to €27,099
of which Trade receivables: -€118,495
- Tangible fixed assets -€75,345
down €75,345 (-3.0%), from €2.5m to €2.4m
- Cash +€66,806
up €66,806 (+207.1%), from €32,262 to €99,068
mainly Receivables within one year (+€117,738) and Depreciation (+€75,345)
- Debts after one year -€176,805
down €176,805 (-11.7%), from €1.5m to €1.3m
- Reserves +€32,940
up €32,940 (+80.3%), from €41,031 to €73,971
No income-statement line moved by more than 1% of the activity.
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 | €2,656,118 | €2,528,945 | -€127,173 | -4.8% |
| Fixed assets | 21/28 | €2,477,244 | €2,401,899 | -€75,345 | -3.0% |
| Tangible fixed assets | 22/27 | €2,477,244 | €2,401,899 | -€75,345 | -3.0% |
| Land and buildings | 22 | €2,477,244 | €2,401,899 | -€75,345 | -3.0% |
| Current assets | 29/58 | €178,875 | €127,047 | -€51,828 | -29.0% |
| Amounts receivable within one year | 40/41 | €144,836 | €27,099 | -€117,738 | -81.3% |
| Trade receivables | 40 | €144,750 | €26,255 | -€118,495 | -81.9% |
| Other amounts receivable | 41 | €86 | €844 | +€758 | +880.8% |
| Cash at bank and in hand | 54/58 | €32,262 | €99,068 | +€66,806 | +207.1% |
| Deferred charges and accrued income | 490/1 | €1,776 | €880 | -€896 | -50.5% |
| Total equity and liabilities | 10/49 | €2,656,118 | €2,528,945 | -€127,173 | -4.8% |
| Equity | 10/15 | €471,031 | €503,971 | +€32,940 | +7.0% |
| Contributions | 10/11 | €430,000 | €430,000 | = | 0.0% |
| Reserves | 13 | €41,031 | €73,971 | +€32,940 | +80.3% |
| Distributable reserves | 133 | €41,031 | €73,971 | +€32,940 | +80.3% |
| Amounts payable | 17/49 | €2,185,088 | €2,024,974 | -€160,114 | -7.3% |
| Amounts payable after more than one year | 17 | €1,506,692 | €1,329,887 | -€176,805 | -11.7% |
| Financial debts | 170/4 | €1,506,692 | €1,329,887 | -€176,805 | -11.7% |
| Amounts payable within one year | 42/48 | €678,396 | €695,087 | +€16,691 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €175,599 | €179,474 | +€3,875 | +2.2% |
| Trade debts | 44 | €3,986 | - | -€3,986 | |
| Suppliers | 440/4 | €3,986 | - | -€3,986 | |
| Taxes, remuneration and social security | 45 | €1,195 | €13,186 | +€11,991 | +1003.1% |
| Taxes | 450/3 | €1,195 | €13,186 | +€11,991 | +1003.1% |
| Other amounts payable | 47/48 | €497,615 | €502,427 | +€4,811 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,345 | €75,345 | = | 0.0% |
| Other operating charges | 640/8 | €26,988 | €27,814 | +€826 | +3.1% |
| Gross operating margin | 9900 | €218,682 | €220,112 | +€1,430 | +0.7% |
| Operating profit (loss) | 9901 | €116,349 | €116,953 | +€604 | +0.5% |
| Financial income | 75/76B | €1 | €1 | -€0 | -35.4% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -35.4% |
| Financial charges | 65/66B | €73,063 | €72,022 | -€1,041 | -1.4% |
| Recurring financial charges | 65 | €73,063 | €72,022 | -€1,041 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | €43,287 | €44,931 | +€1,644 | +3.8% |
| Income taxes | 67/77 | €11,196 | €11,991 | +€795 | +7.1% |
| Profit (loss) for the period | 9904 | €32,091 | €32,940 | +€849 | +2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €32,091 | €32,940 | +€849 | +2.6% |
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 3 October 2026 via checked.be.