IMMO DEVELOPMENT INVEST: 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 DEVELOPMENT INVEST
Largest movements
- Tangible fixed assets -€13,077
down €13,077 (-2.5%), from €514,853 to €501,776
- Debts after one year -€36,115
down €36,115 (-9.5%), from €378,317 to €342,201
- Current portion of long-term debt +€11,434
up €11,434 (+12.2%), from €93,711 to €105,146
- Profit (loss) carried forward +€10,180
up €10,180, from -€2,700 to €7,480
- Gross operating margin -€10,448
down €10,448 (-21.8%), from €47,823 to €37,376
- Financial charges -€491
down €491 (-4.3%), from €11,409 to €10,918
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €521,417 | €508,612 | -€12,806 | -2.5% |
| Fixed assets | 21/28 | €514,853 | €501,776 | -€13,077 | -2.5% |
| Tangible fixed assets | 22/27 | €514,853 | €501,776 | -€13,077 | -2.5% |
| Land and buildings | 22 | €514,853 | €501,776 | -€13,077 | -2.5% |
| Current assets | 29/58 | €6,565 | €6,836 | +€271 | +4.1% |
| Cash at bank and in hand | 54/58 | €5,344 | €5,090 | -€254 | -4.8% |
| Deferred charges and accrued income | 490/1 | €1,220 | €1,746 | +€525 | +43.1% |
| Total equity and liabilities | 10/49 | €521,417 | €508,612 | -€12,806 | -2.5% |
| Equity | 10/15 | €19,300 | €29,480 | +€10,180 | +52.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,700 | €7,480 | +€10,180 | |
| Amounts payable | 17/49 | €502,118 | €479,132 | -€22,985 | -4.6% |
| Amounts payable after more than one year | 17 | €378,317 | €342,201 | -€36,115 | -9.5% |
| Financial debts | 170/4 | €378,317 | €342,201 | -€36,115 | -9.5% |
| Amounts payable within one year | 42/48 | €123,801 | €136,931 | +€13,130 | +10.6% |
| Current portion of amounts payable after more than one year | 42 | €93,711 | €105,146 | +€11,434 | +12.2% |
| Trade debts | 44 | €30,090 | €31,785 | +€1,695 | +5.6% |
| Suppliers | 440/4 | €30,090 | €31,785 | +€1,695 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,946 | €16,278 | +€332 | +2.1% |
| Gross operating margin | 9900 | €47,823 | €37,376 | -€10,448 | -21.8% |
| Operating profit (loss) | 9901 | €31,878 | €21,098 | -€10,780 | -33.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €11,409 | €10,918 | -€491 | -4.3% |
| Recurring financial charges | 65 | €11,409 | €10,918 | -€491 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €20,469 | €10,180 | -€10,289 | -50.3% |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | €20,469 | €10,180 | -€10,289 | -50.3% |
| Profit (loss) for the period to be appropriated | 9905 | €20,469 | €10,180 | -€10,289 | -50.3% |
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 31 October 2026 via checked.be.