Immo Design: 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 Design
Largest movements
- Receivables within one year +€226,588
up €226,588 (+8.1%), from €2.8m to €3.0m
of which Other amounts receivable: +€227,274
- Tangible fixed assets -€146,283
down €146,283 (-3.4%), from €4.3m to €4.1m
- Reserves +€212,341
up €212,341 (+9.5%), from €2.2m to €2.4m
of which Distributable reserves: +€238,313
- Debts after one year -€145,074
down €145,074 (-3.4%), from €4.2m to €4.1m
- Gross operating margin +€67,565
up €67,565 (+16.9%), from €400,558 to €468,123
- Depreciation -€36,571
down €36,571 (-20.0%), from €182,854 to €146,283
- Financial charges -€33,768
down €33,768 (-17.0%), from €198,834 to €165,065
- Other operating charges -€17,623
down €17,623 (-57.5%), from €30,634 to €13,012
- Financial income -€8,363
down €8,363 (-12.2%), from €68,284 to €59,921
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 | €7,105,127 | €7,191,156 | +€86,028 | +1.2% |
| Fixed assets | 21/28 | €4,288,173 | €4,141,890 | -€146,283 | -3.4% |
| Tangible fixed assets | 22/27 | €4,288,173 | €4,141,890 | -€146,283 | -3.4% |
| Land and buildings | 22 | €4,288,173 | €4,141,890 | -€146,283 | -3.4% |
| Current assets | 29/58 | €2,816,955 | €3,049,266 | +€232,311 | +8.2% |
| Amounts receivable within one year | 40/41 | €2,787,900 | €3,014,488 | +€226,588 | +8.1% |
| Trade receivables | 40 | €7,494 | €6,809 | -€686 | -9.2% |
| Other amounts receivable | 41 | €2,780,405 | €3,007,679 | +€227,274 | +8.2% |
| Cash at bank and in hand | 54/58 | €21,170 | €17,899 | -€3,271 | -15.4% |
| Deferred charges and accrued income | 490/1 | €7,885 | €16,879 | +€8,994 | +114.1% |
| Total equity and liabilities | 10/49 | €7,105,127 | €7,191,156 | +€86,028 | +1.2% |
| Equity | 10/15 | €2,298,310 | €2,510,651 | +€212,341 | +9.2% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €2,236,810 | €2,449,151 | +€212,341 | +9.5% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €651,283 | €625,310 | -€25,972 | -4.0% |
| Distributable reserves | 133 | €1,579,377 | €1,817,691 | +€238,313 | +15.1% |
| Provisions and deferred taxes | 16 | €217,094 | €208,437 | -€8,657 | -4.0% |
| Deferred taxes | 168 | €217,094 | €208,437 | -€8,657 | -4.0% |
| Amounts payable | 17/49 | €4,589,724 | €4,472,068 | -€117,655 | -2.6% |
| Amounts payable after more than one year | 17 | €4,222,836 | €4,077,761 | -€145,074 | -3.4% |
| Financial debts | 170/4 | €4,222,836 | €4,077,761 | -€145,074 | -3.4% |
| Amounts payable within one year | 42/48 | €255,187 | €272,890 | +€17,703 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €247,752 | €252,005 | +€4,253 | +1.7% |
| Trade debts | 44 | €6,678 | €19,306 | +€12,628 | +189.1% |
| Suppliers | 440/4 | €6,678 | €19,306 | +€12,628 | +189.1% |
| Taxes, remuneration and social security | 45 | €756 | €1,578 | +€822 | +108.7% |
| Taxes | 450/3 | €756 | €678 | -€78 | -10.3% |
| Remuneration and social security | 454/9 | - | €900 | +€900 | |
| Accrued charges and deferred income | 492/3 | €111,701 | €121,417 | +€9,716 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €182,854 | €146,283 | -€36,571 | -20.0% |
| Other operating charges | 640/8 | €30,634 | €13,012 | -€17,623 | -57.5% |
| Gross operating margin | 9900 | €400,558 | €468,123 | +€67,565 | +16.9% |
| Operating profit (loss) | 9901 | €187,070 | €308,828 | +€121,758 | +65.1% |
| Financial income | 75/76B | €68,284 | €59,921 | -€8,363 | -12.2% |
| Recurring financial income | 75 | €68,284 | €59,921 | -€8,363 | -12.2% |
| Financial charges | 65/66B | €198,834 | €165,065 | -€33,768 | -17.0% |
| Recurring financial charges | 65 | €198,834 | €165,065 | -€33,768 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | €56,520 | €203,684 | +€147,164 | +260.4% |
| Transfer from deferred taxes | 780 | €10,822 | €8,657 | -€2,164 | -20.0% |
| Profit (loss) for the period | 9904 | €67,342 | €212,341 | +€144,999 | +215.3% |
| Transfer from tax-exempt reserves | 789 | €32,465 | €25,972 | -€6,493 | -20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €99,807 | €238,313 | +€138,506 | +138.8% |
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 12 October 2026 via checked.be.