IMMO CP: 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.
What changed
IMMO CP
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€1,134
2024 · -€5,443+€4,309
Equity
-€923
2024 · €211-€1,134
Cash
€335
2024 · €2,851-€2,516
Balance sheet total
€305,590
2024 · €319,881-€14,291
Largest movements
Assets
- Tangible fixed assets -€10,849
down €10,849 (-3.5%), from €310,803 to €299,954
Equity and liabilities
- Debts after one year -€21,936
down €21,936 (-18.8%), from €116,990 to €95,054
- Other debts +€11,042
up €11,042 (+7.2%), from €153,031 to €164,073
Income statement
- Gross operating margin +€3,679
up €3,679 (+20.5%), from €17,913 to €21,592
- Financial charges -€910
down €910 (-13.9%), from €6,554 to €5,644
- Depreciation +€397
up €397 (+2.7%), from €14,823 to €15,220
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.
Result 2024
-€5,443
Gross operating margin
+€3,679
Depreciation
-€397
Other operating charges
+€117
Financial charges
+€910
Result 2025
-€1,134
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.
From operations
+€22,896
Investment
-€4,371
Financing
-€21,041
Cash 2024
€2,851
From operations (derived)
+€22,896
Net result for the year
-€1,134
Depreciation
+€15,220
Receivables within one year
+€1,002
Deferred charges and accrued income
-€76
Provisions
-€797
Trade debts
-€2,362
Other debts
+€11,042
Accrued charges and deferred income
+€1
Investment (derived)
-€4,371
Investment in fixed assets (net)
-€4,371
Financing
-€21,041
Debts after one year
-€21,936
Current portion of long-term debt
+€895
Cash 2025
€335
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €319,881 | €305,590 | -€14,291 | -4.5% |
| Fixed assets | 21/28 | €310,803 | €299,954 | -€10,849 | -3.5% |
| Tangible fixed assets | 22/27 | €310,803 | €299,954 | -€10,849 | -3.5% |
| Land and buildings | 22 | €310,803 | €299,954 | -€10,849 | -3.5% |
| Current assets | 29/58 | €9,078 | €5,636 | -€3,442 | -37.9% |
| Amounts receivable within one year | 40/41 | €1,048 | €46 | -€1,002 | -95.6% |
| Trade receivables | 40 | €1,025 | - | -€1,025 | |
| Other amounts receivable | 41 | €23 | €46 | +€23 | +100.0% |
| Current investments | 50/53 | €3,897 | €3,897 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,851 | €335 | -€2,516 | -88.2% |
| Deferred charges and accrued income | 490/1 | €1,282 | €1,358 | +€76 | +5.9% |
| Total equity and liabilities | 10/49 | €319,881 | €305,590 | -€14,291 | -4.5% |
| Equity | 10/15 | €211 | -€923 | -€1,134 | |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €76,515 | €74,126 | -€2,389 | -3.1% |
| Non-distributable reserves | 130/1 | €124 | €124 | = | 0.0% |
| Reserves not available under the articles | 1311 | €124 | €124 | = | 0.0% |
| Tax-exempt reserves | 132 | €76,391 | €74,002 | -€2,389 | -3.1% |
| Profit (loss) carried forward | 14 | -€101,093 | -€99,838 | +€1,255 | +1.2% |
| Provisions and deferred taxes | 16 | €25,464 | €24,667 | -€797 | -3.1% |
| Deferred taxes | 168 | €25,464 | €24,667 | -€797 | -3.1% |
| Amounts payable | 17/49 | €294,206 | €281,846 | -€12,360 | -4.2% |
| Amounts payable after more than one year | 17 | €116,990 | €95,054 | -€21,936 | -18.8% |
| Financial debts | 170/4 | €116,990 | €95,054 | -€21,936 | -18.8% |
| Amounts payable within one year | 42/48 | €177,202 | €186,777 | +€9,575 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €21,805 | €22,700 | +€895 | +4.1% |
| Financial debts | 43 | €4 | €4 | = | 0.0% |
| Credit institutions | 430/8 | €4 | €4 | = | 0.0% |
| Trade debts | 44 | €2,362 | - | -€2,362 | |
| Suppliers | 440/4 | €2,362 | - | -€2,362 | |
| Other amounts payable | 47/48 | €153,031 | €164,073 | +€11,042 | +7.2% |
| Accrued charges and deferred income | 492/3 | €14 | €15 | +€1 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,823 | €15,220 | +€397 | +2.7% |
| Other operating charges | 640/8 | €2,853 | €2,736 | -€117 | -4.1% |
| Gross operating margin | 9900 | €17,913 | €21,592 | +€3,679 | +20.5% |
| Operating profit (loss) | 9901 | €237 | €3,636 | +€3,399 | +1434.2% |
| Financial income | 75/76B | €77 | €77 | = | 0.0% |
| Recurring financial income | 75 | €77 | €77 | = | 0.0% |
| Financial charges | 65/66B | €6,554 | €5,644 | -€910 | -13.9% |
| Recurring financial charges | 65 | €6,554 | €5,644 | -€910 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,240 | -€1,931 | +€4,309 | +69.1% |
| Transfer from deferred taxes | 780 | €797 | €797 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€5,443 | -€1,134 | +€4,309 | +79.2% |
| Transfer from tax-exempt reserves | 789 | €2,390 | €2,389 | -€1 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,053 | €1,255 | +€4,308 |
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.