IMMO DESIGN: what changed
IMMO DESIGN
Largest movements
- Stocks and contracts -€31,591
down €31,591 (-36.9%), from €85,702 to €54,112
of which Stocks: -€31,591
- Receivables within one year +€27,286
up €27,286 (+13.5%), from €201,757 to €229,043
of which Trade receivables: +€23,430
- Cash -€9,831
down €9,831 (-21.5%), from €45,683 to €35,852
mainly Receivables within one year (-€27,286) and Other debts (-€20,236)
- Tangible fixed assets -€9,163
down €9,163 (-6.3%), from €145,701 to €136,537
of which Land and buildings: -€11,338
- Receivables after one year +€6,323
new in 2025: €6,323
- Other debts -€20,236
down €20,236 (-93.1%), from €21,735 to €1,499
- Reserves +€14,500
up €14,500 (+4.2%), from €342,004 to €356,504
of which Distributable reserves: +€14,500
- Trade debts -€10,222
down €10,222 (-89.2%), from €11,466 to €1,244
- Debts after one year -€6,502
down €6,502 (-10.3%), from €62,897 to €56,395
- Tax, wage and social debts +€6,435
up €6,435 (+76.3%), from €8,436 to €14,871
of which Taxes: +€5,788
- Turnover -€40,683
down €40,683 (-15.0%), from €271,275 to €230,592
- Purchases and services -€25,018
down €25,018 (-13.0%), from €192,053 to €167,035
- Gross operating margin -€15,665
down €15,665 (-19.8%), from €79,221 to €63,557
- Taxes -€3,095
down €3,095 (-34.4%), from €8,998 to €5,903
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €521,655 | €505,772 | -€15,883 | -3.0% |
| Fixed assets | 21/28 | €179,575 | €170,412 | -€9,163 | -5.1% |
| Tangible fixed assets | 22/27 | €145,701 | €136,537 | -€9,163 | -6.3% |
| Land and buildings | 22 | €123,567 | €112,228 | -€11,338 | -9.2% |
| Furniture and vehicles | 24 | €22,134 | €22,331 | +€197 | +0.9% |
| Assets under construction and advance payments | 27 | - | €1,978 | +€1,978 | |
| Financial fixed assets | 28 | €33,874 | €33,874 | = | 0.0% |
| Current assets | 29/58 | €342,080 | €335,360 | -€6,719 | -2.0% |
| Amounts receivable after more than one year | 29 | - | €6,323 | +€6,323 | |
| Other amounts receivable | 291 | - | €6,323 | +€6,323 | |
| Stocks and contracts in progress | 3 | €85,702 | €54,112 | -€31,591 | -36.9% |
| Stocks | 30/36 | €85,702 | €54,112 | -€31,591 | -36.9% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €201,757 | €229,043 | +€27,286 | +13.5% |
| Trade receivables | 40 | €22,242 | €45,672 | +€23,430 | +105% |
| Other amounts receivable | 41 | €179,515 | €183,371 | +€3,856 | +2.1% |
| Current investments | 50/53 | €78 | €78 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €45,683 | €35,852 | -€9,831 | -21.5% |
| Deferred charges and accrued income | 490/1 | €8,860 | €9,953 | +€1,094 | +12.3% |
| Total equity and liabilities | 10/49 | €521,655 | €505,772 | -€15,883 | -3.0% |
| Equity | 10/15 | €410,651 | €425,261 | +€14,610 | +3.6% |
| Contributions | 10/11 | €68,200 | €68,200 | = | 0.0% |
| Reserves | 13 | €342,004 | €356,504 | +€14,500 | +4.2% |
| Tax-exempt reserves | 132 | €35,004 | €35,004 | = | 0.0% |
| Distributable reserves | 133 | €307,000 | €321,500 | +€14,500 | +4.7% |
| Profit (loss) carried forward | 14 | €446 | €557 | +€110 | +24.7% |
| Amounts payable | 17/49 | €111,004 | €80,511 | -€30,493 | -27.5% |
| Amounts payable after more than one year | 17 | €62,897 | €56,395 | -€6,502 | -10.3% |
| Financial debts | 170/4 | €62,897 | €56,395 | -€6,502 | -10.3% |
| Amounts payable within one year | 42/48 | €47,976 | €24,116 | -€23,860 | -49.7% |
| Current portion of amounts payable after more than one year | 42 | €6,339 | €6,502 | +€163 | +2.6% |
| Trade debts | 44 | €11,466 | €1,244 | -€10,222 | -89.2% |
| Suppliers | 440/4 | €11,466 | €1,244 | -€10,222 | -89.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €8,436 | €14,871 | +€6,435 | +76.3% |
| Taxes | 450/3 | €6,493 | €12,281 | +€5,788 | +89.1% |
| Remuneration and social security | 454/9 | €1,943 | €2,590 | +€647 | +33.3% |
| Other amounts payable | 47/48 | €21,735 | €1,499 | -€20,236 | -93.1% |
| Accrued charges and deferred income | 492/3 | €131 | €0 | -€131 | -100% |
| Turnover | 70 | €271,275 | €230,592 | -€40,683 | -15.0% |
| Non-recurring operating income | 76A | €14,400 | - | -€14,400 | |
| Goods, raw materials, services and sundry goods | 60/61 | €192,053 | €167,035 | -€25,018 | -13.0% |
| Remuneration, social security and pensions | 62 | €16,322 | €16,770 | +€448 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,964 | €23,334 | +€2,370 | +11.3% |
| Other operating charges | 640/8 | €3,223 | €1,830 | -€1,393 | -43.2% |
| Non-recurring operating charges | 66A | €5,000 | - | -€5,000 | |
| Gross operating margin | 9900 | €79,221 | €63,557 | -€15,665 | -19.8% |
| Operating profit (loss) | 9901 | €33,713 | €21,623 | -€12,090 | -35.9% |
| Financial income | 75/76B | €776 | €696 | -€80 | -10.3% |
| Recurring financial income | 75 | €776 | €696 | -€80 | -10.3% |
| Financial charges | 65/66B | €2,159 | €1,806 | -€353 | -16.3% |
| Recurring financial charges | 65 | €2,159 | €1,806 | -€353 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €32,330 | €20,513 | -€11,816 | -36.5% |
| Income taxes | 67/77 | €8,998 | €5,903 | -€3,095 | -34.4% |
| Profit (loss) for the period | 9904 | €23,332 | €14,610 | -€8,721 | -37.4% |
| Profit (loss) for the period to be appropriated | 9905 | €23,332 | €14,610 | -€8,721 | -37.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.