IMMO - D: 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 - D
Largest movements
- Deferred charges and accrued income +€4,802
up €4,802 (+42.7%), from €11,259 to €16,061
- Tangible fixed assets -€3,080
down €3,080 (-10.0%), from €30,851 to €27,771
of which Land and buildings: -€4,189
- Cash +€727
up €727 (+3.7%), from €19,817 to €20,543
mainly Net result for the year (+€5,148) and Depreciation (+€5,094)
- Profit (loss) carried forward +€5,148
up €5,148 (+10.4%), from -€49,620 to -€44,471
- Other debts -€3,084
down €3,084 (-3.2%), from €95,498 to €92,414
- Gross operating margin -€313
down €313 (-2.5%), from €12,714 to €12,400
- Depreciation +€304
up €304 (+6.3%), from €4,790 to €5,094
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 | €66,329 | €68,793 | +€2,464 | +3.7% |
| Fixed assets | 21/28 | €30,851 | €27,771 | -€3,080 | -10.0% |
| Tangible fixed assets | 22/27 | €30,851 | €27,771 | -€3,080 | -10.0% |
| Land and buildings | 22 | €30,250 | €26,061 | -€4,189 | -13.8% |
| Plant, machinery and equipment | 23 | €601 | €0 | -€601 | -100.0% |
| Furniture and vehicles | 24 | - | €1,710 | +€1,710 | |
| Current assets | 29/58 | €35,478 | €41,022 | +€5,544 | +15.6% |
| Amounts receivable within one year | 40/41 | €4,403 | €4,418 | +€15 | +0.3% |
| Other amounts receivable | 41 | €4,403 | €4,418 | +€15 | +0.3% |
| Cash at bank and in hand | 54/58 | €19,817 | €20,543 | +€727 | +3.7% |
| Deferred charges and accrued income | 490/1 | €11,259 | €16,061 | +€4,802 | +42.7% |
| Total equity and liabilities | 10/49 | €66,329 | €68,793 | +€2,464 | +3.7% |
| Equity | 10/15 | -€29,169 | -€24,020 | +€5,148 | +17.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,620 | -€44,471 | +€5,148 | +10.4% |
| Amounts payable | 17/49 | €95,498 | €92,813 | -€2,684 | -2.8% |
| Amounts payable within one year | 42/48 | €95,498 | €92,813 | -€2,684 | -2.8% |
| Trade debts | 44 | €0 | €400 | +€400 | |
| Suppliers | 440/4 | €0 | €400 | +€400 | |
| Other amounts payable | 47/48 | €95,498 | €92,414 | -€3,084 | -3.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,790 | €5,094 | +€304 | +6.3% |
| Other operating charges | 640/8 | €1,909 | €1,968 | +€60 | +3.1% |
| Gross operating margin | 9900 | €12,714 | €12,400 | -€313 | -2.5% |
| Operating profit (loss) | 9901 | €6,015 | €5,338 | -€677 | -11.3% |
| Financial income | 75/76B | €29 | €79 | +€50 | +171.5% |
| Recurring financial income | 75 | €29 | €79 | +€50 | +171.5% |
| Financial charges | 65/66B | €267 | €269 | +€2 | +0.7% |
| Recurring financial charges | 65 | €267 | €269 | +€2 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | €5,777 | €5,148 | -€629 | -10.9% |
| Income taxes | 67/77 | €0 | €0 | = | |
| Profit (loss) for the period | 9904 | €5,777 | €5,148 | -€629 | -10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,777 | €5,148 | -€629 | -10.9% |
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 10 October 2026 via checked.be.