IMMO EVOLUTION: 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 EVOLUTION
Largest movements
- Tangible fixed assets +€90,673
new in 2025: €90,673
- Cash +€8,236
up €8,236 (+445.0%), from €1,851 to €10,086
mainly Debts after one year (+€73,129) and Other debts (+€27,983)
- Debts after one year +€73,129
new in 2025: €73,129
- Other debts +€27,983
new in 2025: €27,983
- Profit (loss) carried forward -€7,569
down €7,569 (-623.4%), from -€1,214 to -€8,783
- Current portion of long-term debt +€4,173
new in 2025: €4,173
- Gross operating margin -€3,844
down €3,844, from €841 to -€3,003
- Financial charges +€2,529
up €2,529 (+1404.2%), from €180 to €2,709
- Depreciation +€1,455
new in 2025: €1,455
- Other operating charges +€301
up €301 (+301.5%), from €100 to €401
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 | €1,934 | €100,905 | +€98,971 | +5117.8% |
| Fixed assets | 21/28 | - | €90,673 | +€90,673 | |
| Tangible fixed assets | 22/27 | - | €90,673 | +€90,673 | |
| Land and buildings | 22 | - | €90,673 | +€90,673 | |
| Current assets | 29/58 | €1,934 | €10,232 | +€8,298 | +429.1% |
| Amounts receivable within one year | 40/41 | €83 | - | -€83 | |
| Other amounts receivable | 41 | €83 | - | -€83 | |
| Cash at bank and in hand | 54/58 | €1,851 | €10,086 | +€8,236 | +445.0% |
| Deferred charges and accrued income | 490/1 | - | €146 | +€146 | |
| Total equity and liabilities | 10/49 | €1,934 | €100,905 | +€98,971 | +5117.8% |
| Equity | 10/15 | €1,786 | -€5,783 | -€7,569 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,214 | -€8,783 | -€7,569 | -623.4% |
| Amounts payable | 17/49 | €148 | €106,688 | +€106,540 | +71966.7% |
| Amounts payable after more than one year | 17 | - | €73,129 | +€73,129 | |
| Financial debts | 170/4 | - | €73,129 | +€73,129 | |
| Amounts payable within one year | 42/48 | €148 | €33,559 | +€33,411 | +22568.8% |
| Current portion of amounts payable after more than one year | 42 | - | €4,173 | +€4,173 | |
| Trade debts | 44 | €148 | €1,099 | +€951 | +642.5% |
| Suppliers | 440/4 | €148 | €1,099 | +€951 | +642.5% |
| Taxes, remuneration and social security | 45 | - | €303 | +€303 | |
| Taxes | 450/3 | - | €303 | +€303 | |
| Other amounts payable | 47/48 | - | €27,983 | +€27,983 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,455 | +€1,455 | |
| Other operating charges | 640/8 | €100 | €401 | +€301 | +301.5% |
| Gross operating margin | 9900 | €841 | -€3,003 | -€3,844 | |
| Operating profit (loss) | 9901 | €741 | -€4,859 | -€5,601 | |
| Financial charges | 65/66B | €180 | €2,709 | +€2,529 | +1404.2% |
| Recurring financial charges | 65 | €180 | €2,709 | +€2,529 | +1404.2% |
| Profit (loss) for the period before taxes | 9903 | €561 | -€7,569 | -€8,130 | |
| Profit (loss) for the period | 9904 | €561 | -€7,569 | -€8,130 | |
| Profit (loss) for the period to be appropriated | 9905 | €561 | -€7,569 | -€8,130 |
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 29 September 2026 via checked.be.