IMMO E&J: 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&J
Largest movements
- Cash +€147,610
up €147,610 (+211.7%), from €69,721 to €217,331
mainly Depreciation (+€862,734) and Net result for the year (+€85,299)
- Tangible fixed assets -€145,209
down €145,209 (-12.9%), from €1.1m to €981,928
of which Land and buildings: -€127,364
- Receivables within one year +€91,905
up €91,905 (+57.2%), from €160,718 to €252,623
- Profit (loss) carried forward +€85,299
up €85,299 (+79.5%), from -€107,353 to -€22,054
- Gross operating margin +€570,670
up €570,670 (+146.7%), from €388,888 to €959,558
- Depreciation +€502,296
up €502,296 (+139.4%), from €360,438 to €862,734
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 | €1,358,876 | €1,453,182 | +€94,306 | +6.9% |
| Fixed assets | 21/28 | €1,128,436 | €983,228 | -€145,209 | -12.9% |
| Tangible fixed assets | 22/27 | €1,127,136 | €981,928 | -€145,209 | -12.9% |
| Land and buildings | 22 | €1,094,809 | €967,445 | -€127,364 | -11.6% |
| Plant, machinery and equipment | 23 | €5,921 | €11,743 | +€5,822 | +98.3% |
| Furniture and vehicles | 24 | €26,407 | €2,740 | -€23,667 | -89.6% |
| Financial fixed assets | 28 | €1,300 | €1,300 | = | 0.0% |
| Current assets | 29/58 | €230,440 | €469,954 | +€239,515 | +103.9% |
| Amounts receivable within one year | 40/41 | €160,718 | €252,623 | +€91,905 | +57.2% |
| Other amounts receivable | 41 | €160,718 | €252,623 | +€91,905 | +57.2% |
| Cash at bank and in hand | 54/58 | €69,721 | €217,331 | +€147,610 | +211.7% |
| Total equity and liabilities | 10/49 | €1,358,876 | €1,453,182 | +€94,306 | +6.9% |
| Equity | 10/15 | -€87,353 | -€2,054 | +€85,299 | +97.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€107,353 | -€22,054 | +€85,299 | +79.5% |
| Amounts payable | 17/49 | €1,446,229 | €1,455,236 | +€9,007 | +0.6% |
| Amounts payable within one year | 42/48 | €1,446,229 | €1,455,236 | +€9,007 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €191,814 | €200,000 | +€8,186 | +4.3% |
| Trade debts | 44 | €31,487 | €33,727 | +€2,240 | +7.1% |
| Suppliers | 440/4 | €31,487 | €33,727 | +€2,240 | +7.1% |
| Taxes, remuneration and social security | 45 | €4,921 | €386 | -€4,535 | -92.1% |
| Taxes | 450/3 | €4,921 | €386 | -€4,535 | -92.1% |
| Other amounts payable | 47/48 | €1,218,006 | €1,221,122 | +€3,116 | +0.3% |
| Non-recurring operating income | 76A | - | €2,750 | +€2,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €360,438 | €862,734 | +€502,296 | +139.4% |
| Other operating charges | 640/8 | €2,945 | €2,160 | -€784 | -26.6% |
| Gross operating margin | 9900 | €388,888 | €959,558 | +€570,670 | +146.7% |
| Operating profit (loss) | 9901 | €25,505 | €94,663 | +€69,158 | +271.2% |
| Financial income | 75/76B | €4,380 | €4,048 | -€332 | -7.6% |
| Recurring financial income | 75 | €4,380 | €4,048 | -€332 | -7.6% |
| Financial charges | 65/66B | €11,361 | €13,412 | +€2,051 | +18.1% |
| Recurring financial charges | 65 | €11,361 | €13,412 | +€2,051 | +18.1% |
| Profit (loss) for the period before taxes | 9903 | €18,525 | €85,299 | +€66,775 | +360.5% |
| Profit (loss) for the period | 9904 | €18,525 | €85,299 | +€66,775 | +360.5% |
| Profit (loss) for the period to be appropriated | 9905 | €18,525 | €85,299 | +€66,775 | +360.5% |
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 4 October 2026 via checked.be.