IMMO DE BRABANDERE: 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.
What changed
IMMO DE BRABANDERE
NACE 82.990, Other business support services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€92,625
2024 · -€47,408+€140,034
Equity
€656,265
2024 · €563,640+€92,625
Cash
€4,698
2024 · €6,897-€2,198
Balance sheet total
€1.8m
2024 · €1.9m-€93,298
Largest movements
Assets
- Financial fixed assets -€71,496
down €71,496 (-17.6%), from €406,784 to €335,289
- Tangible fixed assets -€36,772
down €36,772 (-2.5%), from €1.5m to €1.4m
Equity and liabilities
- Profit (loss) carried forward +€102,674
up €102,674 (+47.2%), from -€217,704 to -€115,030
- Debts after one year -€88,336
down €88,336 (-16.7%), from €528,726 to €440,390
- Other debts -€82,893
down €82,893 (-12.7%), from €651,765 to €568,873
Income statement
- Depreciation -€44,760
down €44,760 (-40.0%), from €112,024 to €67,264
- Gross operating margin +€42,911
up €42,911 (+32.0%), from €134,080 to €176,991
- Financial income +€29,009
up €29,009 (+1,120%), from €2,590 to €31,599
- Financial charges -€26,103
down €26,103 (-39.6%), from €65,985 to €39,882
- Taxes +€6,899
new in 2025: €6,899
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
-€47,408
Gross operating margin
+€42,911
Depreciation
+€44,760
Other operating charges
+€4,149
Financial income
+€29,009
Financial charges
+€26,103
Taxes
-€6,899
Result 2025
€92,625
raises the resultlowers the result
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.
From operations
+€51,259
Investment
+€41,004
Financing
-€94,461
Cash 2024
€6,897
From operations (derived)
+€51,259
Net result for the year
+€92,625
Depreciation
+€67,264
Receivables within one year
-€18,666
Deferred charges and accrued income
+€1,498
Provisions
-€5,174
Trade debts
+€3,785
Tax, wage and social debts
+€4,231
Other debts
-€82,893
Accrued charges and deferred income
-€11,412
Investment (derived)
+€41,004
Investment in fixed assets (net)
+€41,004
Financing
-€94,461
Debts after one year
-€88,336
Current portion of long-term debt
-€6,125
Cash 2025
€4,698
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,933,591 | €1,840,293 | -€93,298 | -4.8% |
| Fixed assets | 21/28 | €1,869,273 | €1,761,005 | -€108,268 | -5.8% |
| Tangible fixed assets | 22/27 | €1,462,489 | €1,425,717 | -€36,772 | -2.5% |
| Land and buildings | 22 | €1,462,489 | €1,425,717 | -€36,772 | -2.5% |
| Financial fixed assets | 28 | €406,784 | €335,289 | -€71,496 | -17.6% |
| Current assets | 29/58 | €64,318 | €79,287 | +€14,969 | +23.3% |
| Amounts receivable within one year | 40/41 | €52,454 | €71,120 | +€18,666 | +35.6% |
| Trade receivables | 40 | €1,128 | €0 | -€1,128 | -100% |
| Other amounts receivable | 41 | €51,326 | €71,120 | +€19,794 | +38.6% |
| Cash at bank and in hand | 54/58 | €6,897 | €4,698 | -€2,198 | -31.9% |
| Deferred charges and accrued income | 490/1 | €4,968 | €3,469 | -€1,498 | -30.2% |
| Total equity and liabilities | 10/49 | €1,933,591 | €1,840,293 | -€93,298 | -4.8% |
| Equity | 10/15 | €563,640 | €656,265 | +€92,625 | +16.4% |
| Contributions | 10/11 | €618,550 | €618,550 | = | 0.0% |
| Reserves | 13 | €162,794 | €152,745 | -€10,048 | -6.2% |
| Non-distributable reserves | 130/1 | €57,259 | €57,259 | = | 0.0% |
| Reserves not available under the articles | 1311 | €57,259 | €57,259 | = | 0.0% |
| Tax-exempt reserves | 132 | €105,535 | €95,487 | -€10,048 | -9.5% |
| Profit (loss) carried forward | 14 | -€217,704 | -€115,030 | +€102,674 | +47.2% |
| Provisions and deferred taxes | 16 | €54,342 | €49,168 | -€5,174 | -9.5% |
| Deferred taxes | 168 | €54,342 | €49,168 | -€5,174 | -9.5% |
| Amounts payable | 17/49 | €1,315,609 | €1,134,860 | -€180,750 | -13.7% |
| Amounts payable after more than one year | 17 | €528,726 | €440,390 | -€88,336 | -16.7% |
| Financial debts | 170/4 | €528,726 | €440,390 | -€88,336 | -16.7% |
| Amounts payable within one year | 42/48 | €747,210 | €666,208 | -€81,001 | -10.8% |
| Current portion of amounts payable after more than one year | 42 | €94,461 | €88,336 | -€6,125 | -6.5% |
| Trade debts | 44 | €984 | €4,769 | +€3,785 | +385% |
| Suppliers | 440/4 | €984 | €4,769 | +€3,785 | +385% |
| Taxes, remuneration and social security | 45 | €0 | €4,231 | +€4,231 | |
| Taxes | 450/3 | €0 | €4,231 | +€4,231 | |
| Other amounts payable | 47/48 | €651,765 | €568,873 | -€82,893 | -12.7% |
| Accrued charges and deferred income | 492/3 | €39,674 | €28,261 | -€11,412 | -28.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €112,024 | €67,264 | -€44,760 | -40.0% |
| Other operating charges | 640/8 | €11,242 | €7,094 | -€4,149 | -36.9% |
| Gross operating margin | 9900 | €134,080 | €176,991 | +€42,911 | +32.0% |
| Operating profit (loss) | 9901 | €10,813 | €102,633 | +€91,820 | +849% |
| Financial income | 75/76B | €2,590 | €31,599 | +€29,009 | +1,120% |
| Recurring financial income | 75 | €2,590 | €31,599 | +€29,009 | +1,120% |
| Financial charges | 65/66B | €65,985 | €39,882 | -€26,103 | -39.6% |
| Recurring financial charges | 65 | €65,985 | €39,882 | -€26,103 | -39.6% |
| Profit (loss) for the period before taxes | 9903 | -€52,582 | €94,350 | +€146,932 | |
| Transfer from deferred taxes | 780 | €5,174 | €5,174 | = | 0.0% |
| Income taxes | 67/77 | - | €6,899 | +€6,899 | |
| Profit (loss) for the period | 9904 | -€47,408 | €92,625 | +€140,034 | |
| Transfer from tax-exempt reserves | 789 | €10,048 | €10,048 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,360 | €102,674 | +€140,034 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.