IMMO E.F.M.: what changed
Two fiscal 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.F.M.
Largest movements
- Cash +€3,336
up €3,336 (+1162.7%), from €287 to €3,623
mainly Net result for the year (+€1,192) and Trade debts (+€1,144)
- Profit (loss) carried forward +€1,192
up €1,192 (+1.1%), from -€112,392 to -€111,200
- Trade debts +€1,144
up €1,144 (+249.0%), from €459 to €1,603
- Other debts +€1,000
up €1,000 (+25.7%), from €3,895 to €4,895
- Gross operating margin +€1,940
up €1,940 (+59.9%), from €3,238 to €5,179
- Other operating charges +€118
up €118 (+3.1%), from €3,794 to €3,911
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 | €51,019 | €54,354 | +€3,336 | +6.5% |
| Fixed assets | 21/28 | €50,732 | €50,732 | = | 0.0% |
| Tangible fixed assets | 22/27 | €50,732 | €50,732 | = | 0.0% |
| Land and buildings | 22 | €50,732 | €50,732 | = | 0.0% |
| Current assets | 29/58 | €287 | €3,623 | +€3,336 | +1162.7% |
| Cash at bank and in hand | 54/58 | €287 | €3,623 | +€3,336 | +1162.7% |
| Total equity and liabilities | 10/49 | €51,019 | €54,354 | +€3,336 | +6.5% |
| Equity | 10/15 | €16,665 | €17,857 | +€1,192 | +7.2% |
| Contributions | 10/11 | €117,749 | €117,749 | = | 0.0% |
| Capital | 10 | €117,749 | €117,749 | = | 0.0% |
| Issued capital | 100 | €117,749 | €117,749 | = | 0.0% |
| Reserves | 13 | €11,307 | €11,307 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,307 | €11,307 | = | 0.0% |
| Legal reserve | 130 | €11,307 | €11,307 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€112,392 | -€111,200 | +€1,192 | +1.1% |
| Amounts payable | 17/49 | €34,354 | €36,497 | +€2,144 | +6.2% |
| Amounts payable after more than one year | 17 | €30,000 | €30,000 | = | 0.0% |
| Other amounts payable | 178/9 | €30,000 | €30,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,354 | €6,497 | +€2,144 | +49.2% |
| Trade debts | 44 | €459 | €1,603 | +€1,144 | +249.0% |
| Suppliers | 440/4 | €459 | €1,603 | +€1,144 | +249.0% |
| Other amounts payable | 47/48 | €3,895 | €4,895 | +€1,000 | +25.7% |
| Other operating charges | 640/8 | €3,794 | €3,911 | +€118 | +3.1% |
| Gross operating margin | 9900 | €3,238 | €5,179 | +€1,940 | +59.9% |
| Operating profit (loss) | 9901 | -€556 | €1,267 | +€1,823 | |
| Financial charges | 65/66B | €74 | €75 | +€2 | +2.0% |
| Recurring financial charges | 65 | €74 | €75 | +€2 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | -€629 | €1,192 | +€1,821 | |
| Profit (loss) for the period | 9904 | -€629 | €1,192 | +€1,821 | |
| Profit (loss) for the period to be appropriated | 9905 | -€629 | €1,192 | +€1,821 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.