Immo Ebima: 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 Ebima
Largest movements
- Receivables within one year -€131,736
down €131,736 (-64.9%), from €202,925 to €71,188
of which Other amounts receivable: -€115,180
- Financial fixed assets -€105,000
no longer reported in 2025 (was €105,000)
- Intangible fixed assets +€64,023
new in 2025: €64,023
- Tangible fixed assets +€48,513
up €48,513 (+119%), from €40,929 to €89,442
of which Furniture and vehicles: +€42,838
- Cash +€37,035
up €37,035 (+126%), from €29,362 to €66,396
mainly Receivables within one year (+€131,736) and Net result for the year (+€64,686)
- Other debts -€99,874
no longer reported in 2025 (was €99,874)
- Debts after one year -€27,383
down €27,383 (-32.9%), from €83,331 to €55,948
- Trade debts +€26,711
up €26,711 (+225%), from €11,889 to €38,601
- Reserves +€16,332
up €16,332 (+19.5%), from €83,621 to €99,952
of which Distributable reserves: +€16,332
- Tax, wage and social debts -€5,784
down €5,784 (-13.9%), from €41,630 to €35,846
of which Remuneration and social security: -€9,505
- Staff costs -€25,872
down €25,872 (-44.0%), from €58,820 to €32,948
- Depreciation +€20,819
up €20,819 (+123%), from €16,891 to €37,709
- Taxes +€3,209
up €3,209 (+49.4%), from €6,491 to €9,700
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 | €378,888 | €294,387 | -€84,501 | -22.3% |
| Fixed assets | 21/28 | €145,929 | €153,465 | +€7,536 | +5.2% |
| Intangible fixed assets | 21 | - | €64,023 | +€64,023 | |
| Tangible fixed assets | 22/27 | €40,929 | €89,442 | +€48,513 | +119% |
| Plant, machinery and equipment | 23 | €2,482 | €2,677 | +€195 | +7.9% |
| Furniture and vehicles | 24 | €24,925 | €67,764 | +€42,838 | +172% |
| Other tangible fixed assets | 26 | €13,522 | €19,001 | +€5,480 | +40.5% |
| Financial fixed assets | 28 | €105,000 | - | -€105,000 | |
| Current assets | 29/58 | €232,959 | €140,923 | -€92,037 | -39.5% |
| Amounts receivable within one year | 40/41 | €202,925 | €71,188 | -€131,736 | -64.9% |
| Trade receivables | 40 | €82,922 | €66,365 | -€16,556 | -20.0% |
| Other amounts receivable | 41 | €120,003 | €4,823 | -€115,180 | -96.0% |
| Cash at bank and in hand | 54/58 | €29,362 | €66,396 | +€37,035 | +126% |
| Deferred charges and accrued income | 490/1 | €673 | €3,338 | +€2,665 | +396% |
| Total equity and liabilities | 10/49 | €378,888 | €294,387 | -€84,501 | -22.3% |
| Equity | 10/15 | €108,621 | €124,952 | +€16,332 | +15.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €83,621 | €99,952 | +€16,332 | +19.5% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €81,121 | €97,452 | +€16,332 | +20.1% |
| Amounts payable | 17/49 | €270,268 | €169,435 | -€100,832 | -37.3% |
| Amounts payable after more than one year | 17 | €83,331 | €55,948 | -€27,383 | -32.9% |
| Financial debts | 170/4 | €83,331 | €55,948 | -€27,383 | -32.9% |
| Amounts payable within one year | 42/48 | €186,936 | €113,487 | -€73,449 | -39.3% |
| Current portion of amounts payable after more than one year | 42 | €33,543 | €39,041 | +€5,498 | +16.4% |
| Trade debts | 44 | €11,889 | €38,601 | +€26,711 | +225% |
| Suppliers | 440/4 | €11,889 | €38,601 | +€26,711 | +225% |
| Taxes, remuneration and social security | 45 | €41,630 | €35,846 | -€5,784 | -13.9% |
| Taxes | 450/3 | €32,125 | €35,846 | +€3,721 | +11.6% |
| Remuneration and social security | 454/9 | €9,505 | - | -€9,505 | |
| Other amounts payable | 47/48 | €99,874 | - | -€99,874 | |
| Non-recurring operating income | 76A | €1,075 | - | -€1,075 | |
| Remuneration, social security and pensions | 62 | €58,820 | €32,948 | -€25,872 | -44.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,891 | €37,709 | +€20,819 | +123% |
| Other operating charges | 640/8 | €2,489 | €3,064 | +€575 | +23.1% |
| Non-recurring operating charges | 66A | €10,227 | - | -€10,227 | |
| Gross operating margin | 9900 | €154,227 | €155,269 | +€1,042 | +0.7% |
| Operating profit (loss) | 9901 | €65,801 | €81,548 | +€15,747 | +23.9% |
| Financial income | 75/76B | €819 | €199 | -€620 | -75.7% |
| Recurring financial income | 75 | €819 | €199 | -€620 | -75.7% |
| Financial charges | 65/66B | €7,020 | €7,361 | +€341 | +4.9% |
| Recurring financial charges | 65 | €7,020 | €7,361 | +€341 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | €59,599 | €74,386 | +€14,787 | +24.8% |
| Income taxes | 67/77 | €6,491 | €9,700 | +€3,209 | +49.4% |
| Profit (loss) for the period | 9904 | €53,108 | €64,686 | +€11,578 | +21.8% |
| Profit (loss) for the period to be appropriated | 9905 | €53,108 | €64,686 | +€11,578 | +21.8% |
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 16 October 2026 via checked.be.