IMMO E.B.R.: 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 E.B.R.
Largest movements
- Tangible fixed assets -€15,000
down €15,000 (-4.3%), from €348,356 to €333,356
- Reserves -€7,505
down €7,505 (-6.9%), from €108,988 to €101,483
- Debts after one year -€4,337
no longer reported in 2025 (was €4,337)
- Other debts +€4,098
up €4,098 (+1.2%), from €346,899 to €350,997
- Provisions -€3,864
down €3,864 (-6.9%), from €56,158 to €52,294
- Depreciation -€480
down €480 (-3.1%), from €15,480 to €15,000
- Other operating charges -€244
down €244 (-11.4%), from €2,138 to €1,894
- Gross operating margin +€160
up €160 (+5.1%), from €3,133 to €3,293
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 | €352,477 | €337,222 | -€15,255 | -4.3% |
| Fixed assets | 21/28 | €348,356 | €333,356 | -€15,000 | -4.3% |
| Tangible fixed assets | 22/27 | €348,356 | €333,356 | -€15,000 | -4.3% |
| Land and buildings | 22 | €348,356 | €333,356 | -€15,000 | -4.3% |
| Current assets | 29/58 | €4,121 | €3,866 | -€255 | -6.2% |
| Cash at bank and in hand | 54/58 | €4,121 | €3,866 | -€255 | -6.2% |
| Total equity and liabilities | 10/49 | €352,477 | €337,222 | -€15,255 | -4.3% |
| Equity | 10/15 | -€69,033 | -€78,770 | -€9,737 | -14.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €108,988 | €101,483 | -€7,505 | -6.9% |
| Tax-exempt reserves | 132 | €108,988 | €101,483 | -€7,505 | -6.9% |
| Profit (loss) carried forward | 14 | -€239,994 | -€242,226 | -€2,232 | -0.9% |
| Provisions and deferred taxes | 16 | €56,158 | €52,294 | -€3,864 | -6.9% |
| Deferred taxes | 168 | €56,158 | €52,294 | -€3,864 | -6.9% |
| Amounts payable | 17/49 | €365,352 | €363,698 | -€1,654 | -0.5% |
| Amounts payable after more than one year | 17 | €4,337 | - | -€4,337 | |
| Financial debts | 170/4 | €4,337 | - | -€4,337 | |
| Amounts payable within one year | 42/48 | €361,015 | €363,698 | +€2,683 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €14,116 | €12,701 | -€1,415 | -10.0% |
| Other amounts payable | 47/48 | €346,899 | €350,997 | +€4,098 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,480 | €15,000 | -€480 | -3.1% |
| Other operating charges | 640/8 | €2,138 | €1,894 | -€244 | -11.4% |
| Gross operating margin | 9900 | €3,133 | €3,293 | +€160 | +5.1% |
| Operating profit (loss) | 9901 | -€14,485 | -€13,601 | +€884 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | -€14,485 | -€13,601 | +€884 | +6.1% |
| Transfer from deferred taxes | 780 | €3,864 | €3,864 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€10,621 | -€9,737 | +€884 | +8.3% |
| Transfer from tax-exempt reserves | 789 | €7,504 | €7,505 | +€1 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,117 | -€2,232 | +€885 | +28.4% |
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 11 October 2026 via checked.be.