IMMO-ESO: 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-ESO
Largest movements
- Tangible fixed assets -€5,433
down €5,433 (-8.9%), from €60,873 to €55,440
- Cash +€4,063
up €4,063 (+14.1%), from €28,812 to €32,875
mainly Depreciation (+€5,432) and Tax, wage and social debts (+€68)
- Profit (loss) carried forward -€1,028
down €1,028 (-6.5%), from -€15,801 to -€16,829
- Gross operating margin +€3,350
up €3,350 (+160.7%), from €2,085 to €5,435
- Other operating charges -€374
down €374 (-29.9%), from €1,250 to €876
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 | €89,685 | €88,725 | -€960 | -1.1% |
| Fixed assets | 21/28 | €60,873 | €55,440 | -€5,433 | -8.9% |
| Tangible fixed assets | 22/27 | €60,873 | €55,440 | -€5,433 | -8.9% |
| Land and buildings | 22 | €60,873 | €55,440 | -€5,433 | -8.9% |
| Current assets | 29/58 | €28,812 | €33,285 | +€4,473 | +15.5% |
| Amounts receivable within one year | 40/41 | - | €409 | +€409 | |
| Trade receivables | 40 | - | €400 | +€400 | |
| Other amounts receivable | 41 | - | €9 | +€9 | |
| Cash at bank and in hand | 54/58 | €28,812 | €32,875 | +€4,063 | +14.1% |
| Deferred charges and accrued income | 490/1 | - | €1 | +€1 | |
| Total equity and liabilities | 10/49 | €89,685 | €88,725 | -€960 | -1.1% |
| Equity | 10/15 | -€10,801 | -€11,829 | -€1,028 | -9.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,801 | -€16,829 | -€1,028 | -6.5% |
| Amounts payable | 17/49 | €100,486 | €100,554 | +€68 | +0.1% |
| Amounts payable after more than one year | 17 | €100,260 | €100,260 | = | 0.0% |
| Financial debts | 170/4 | €100,000 | €100,000 | = | 0.0% |
| Other amounts payable | 178/9 | €260 | €260 | = | 0.0% |
| Amounts payable within one year | 42/48 | €226 | €294 | +€68 | +30.1% |
| Taxes, remuneration and social security | 45 | €135 | €203 | +€68 | +50.4% |
| Taxes | 450/3 | €135 | €203 | +€68 | +50.4% |
| Other amounts payable | 47/48 | €91 | €91 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,432 | €5,432 | = | 0.0% |
| Other operating charges | 640/8 | €1,250 | €876 | -€374 | -29.9% |
| Gross operating margin | 9900 | €2,085 | €5,435 | +€3,350 | +160.7% |
| Operating profit (loss) | 9901 | -€4,597 | -€873 | +€3,724 | +81.0% |
| Financial charges | 65/66B | €180 | €155 | -€25 | -13.9% |
| Recurring financial charges | 65 | €180 | €155 | -€25 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,777 | -€1,028 | +€3,749 | +78.5% |
| Profit (loss) for the period | 9904 | -€4,777 | -€1,028 | +€3,749 | +78.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,777 | -€1,028 | +€3,749 | +78.5% |
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 6 October 2026 via checked.be.