IMMO D: 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 D
Largest movements
- Tangible fixed assets -€602,915
down €602,915 (-42.2%), from €1.4m to €826,071
of which Land and buildings: -€601,485
- Receivables within one year +€429,130
up €429,130 (+723.9%), from €59,279 to €488,410
of which Other amounts receivable: +€445,384
- Current portion of long-term debt +€1.0m
up €1.0m (+1090.7%), from €95,737 to €1.1m
- Debts after one year -€916,046
down €916,046 (-69.0%), from €1.3m to €411,145
- Profit (loss) carried forward -€310,626
down €310,626 (-46.5%), from -€668,433 to -€979,059
- Other debts +€30,533
up €30,533 (+29.9%), from €102,145 to €132,678
- Trade debts -€25,134
down €25,134 (-69.9%), from €35,944 to €10,810
- Other operating charges +€146,606
up €146,606 (+636.7%), from €23,027 to €169,632
- Financial charges +€134,422
up €134,422 (+500.2%), from €26,875 to €161,297
- Depreciation -€10,276
down €10,276 (-25.1%), from €40,913 to €30,638
- Gross operating margin +€7,891
up €7,891 (+18.3%), from €43,049 to €50,941
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 | €1,494,038 | €1,316,957 | -€177,081 | -11.9% |
| Fixed assets | 21/28 | €1,428,987 | €826,071 | -€602,915 | -42.2% |
| Tangible fixed assets | 22/27 | €1,428,987 | €826,071 | -€602,915 | -42.2% |
| Land and buildings | 22 | €1,396,293 | €794,808 | -€601,485 | -43.1% |
| Plant, machinery and equipment | 23 | €32,694 | €31,264 | -€1,430 | -4.4% |
| Current assets | 29/58 | €65,051 | €490,885 | +€425,834 | +654.6% |
| Amounts receivable within one year | 40/41 | €59,279 | €488,410 | +€429,130 | +723.9% |
| Trade receivables | 40 | €59,279 | €43,026 | -€16,253 | -27.4% |
| Other amounts receivable | 41 | - | €445,384 | +€445,384 | |
| Cash at bank and in hand | 54/58 | €5,772 | €2,476 | -€3,296 | -57.1% |
| Total equity and liabilities | 10/49 | €1,494,038 | €1,316,957 | -€177,081 | -11.9% |
| Equity | 10/15 | -€66,980 | -€377,605 | -€310,626 | -463.8% |
| Contributions | 10/11 | €562,000 | €562,000 | = | 0.0% |
| Capital | 10 | €562,000 | €562,000 | = | 0.0% |
| Issued capital | 100 | €562,000 | €562,000 | = | 0.0% |
| Reserves | 13 | €39,454 | €39,454 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,755 | €3,755 | = | 0.0% |
| Legal reserve | 130 | €3,755 | €3,755 | = | 0.0% |
| Distributable reserves | 133 | €35,699 | €35,699 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€668,433 | -€979,059 | -€310,626 | -46.5% |
| Amounts payable | 17/49 | €1,561,018 | €1,694,562 | +€133,544 | +8.6% |
| Amounts payable after more than one year | 17 | €1,327,192 | €411,145 | -€916,046 | -69.0% |
| Financial debts | 170/4 | €1,327,192 | €411,145 | -€916,046 | -69.0% |
| Amounts payable within one year | 42/48 | €233,826 | €1,283,417 | +€1.0m | +448.9% |
| Current portion of amounts payable after more than one year | 42 | €95,737 | €1,139,928 | +€1.0m | +1090.7% |
| Trade debts | 44 | €35,944 | €10,810 | -€25,134 | -69.9% |
| Suppliers | 440/4 | €35,944 | €10,810 | -€25,134 | -69.9% |
| Other amounts payable | 47/48 | €102,145 | €132,678 | +€30,533 | +29.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,913 | €30,638 | -€10,276 | -25.1% |
| Other operating charges | 640/8 | €23,027 | €169,632 | +€146,606 | +636.7% |
| Gross operating margin | 9900 | €43,049 | €50,941 | +€7,891 | +18.3% |
| Operating profit (loss) | 9901 | -€20,890 | -€149,329 | -€128,439 | -614.8% |
| Financial income | 75/76B | €0 | €1 | +€1 | |
| Recurring financial income | 75 | €0 | €1 | +€1 | |
| Financial charges | 65/66B | €26,875 | €161,297 | +€134,422 | +500.2% |
| Recurring financial charges | 65 | €26,875 | €161,297 | +€134,422 | +500.2% |
| Profit (loss) for the period before taxes | 9903 | -€47,765 | -€310,626 | -€262,860 | -550.3% |
| Profit (loss) for the period | 9904 | -€47,765 | -€310,626 | -€262,860 | -550.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€47,765 | -€310,626 | -€262,860 | -550.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.