IMMO EXPERT & C°: 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 EXPERT & C°
Largest movements
- Cash +€49,206
up €49,206 (+382.7%), from €12,858 to €62,064
mainly Net result for the year (+€124,446) and Receivables within one year (+€46,568)
- Receivables within one year -€46,568
down €46,568 (-60.6%), from €76,885 to €30,318
of which Other amounts receivable: -€37,383
- Tangible fixed assets -€18,360
down €18,360 (-7.0%), from €260,977 to €242,618
of which Land and buildings: -€14,400
- Other debts -€78,914
down €78,914 (-99.0%), from €79,747 to €833
- Reserves +€52,646
up €52,646 (+158.5%), from €33,208 to €85,854
of which Distributable reserves: +€52,646
- Profit (loss) carried forward +€39,619
up €39,619, from -€39,619 to €0
- Debts after one year -€23,885
down €23,885 (-10.5%), from €227,951 to €204,066
- Trade debts -€8,905
down €8,905 (-92.3%), from €9,649 to €744
- Gross operating margin +€93,835
up €93,835 (+72.6%), from €129,173 to €223,008
- Taxes +€41,582
up €41,582 (+20649.5%), from €201 to €41,783
- Staff costs -€8,886
down €8,886 (-28.7%), from €30,929 to €22,043
- Financial income -€6,146
down €6,146 (-100.0%), from €6,146 to €0
of which Non-recurring financial income: -€6,146
- Financial charges -€2,387
down €2,387 (-25.6%), from €9,311 to €6,924
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 | €355,564 | €341,251 | -€14,314 | -4.0% |
| Fixed assets | 21/28 | €263,357 | €244,998 | -€18,360 | -7.0% |
| Tangible fixed assets | 22/27 | €260,977 | €242,618 | -€18,360 | -7.0% |
| Land and buildings | 22 | €244,800 | €230,400 | -€14,400 | -5.9% |
| Plant, machinery and equipment | 23 | €9,273 | €10,715 | +€1,442 | +15.5% |
| Furniture and vehicles | 24 | €6,904 | €1,503 | -€5,401 | -78.2% |
| Financial fixed assets | 28 | €2,380 | €2,380 | = | 0.0% |
| Current assets | 29/58 | €92,207 | €96,253 | +€4,046 | +4.4% |
| Amounts receivable within one year | 40/41 | €76,885 | €30,318 | -€46,568 | -60.6% |
| Trade receivables | 40 | €29,804 | €20,620 | -€9,185 | -30.8% |
| Other amounts receivable | 41 | €47,081 | €9,698 | -€37,383 | -79.4% |
| Cash at bank and in hand | 54/58 | €12,858 | €62,064 | +€49,206 | +382.7% |
| Deferred charges and accrued income | 490/1 | €2,464 | €3,871 | +€1,407 | +57.1% |
| Total equity and liabilities | 10/49 | €355,564 | €341,251 | -€14,314 | -4.0% |
| Equity | 10/15 | €5,990 | €98,254 | +€92,265 | +1540.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €33,208 | €85,854 | +€52,646 | +158.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €31,348 | €83,994 | +€52,646 | +167.9% |
| Profit (loss) carried forward | 14 | -€39,619 | €0 | +€39,619 | |
| Amounts payable | 17/49 | €349,575 | €242,996 | -€106,578 | -30.5% |
| Amounts payable after more than one year | 17 | €227,951 | €204,066 | -€23,885 | -10.5% |
| Financial debts | 170/4 | €227,951 | €204,066 | -€23,885 | -10.5% |
| Amounts payable within one year | 42/48 | €121,623 | €38,930 | -€82,693 | -68.0% |
| Current portion of amounts payable after more than one year | 42 | €23,737 | €23,885 | +€148 | +0.6% |
| Financial debts | 43 | €20 | €232 | +€212 | +1044.5% |
| Credit institutions | 430/8 | €20 | €232 | +€212 | +1044.5% |
| Trade debts | 44 | €9,649 | €744 | -€8,905 | -92.3% |
| Suppliers | 440/4 | €9,649 | €744 | -€8,905 | -92.3% |
| Taxes, remuneration and social security | 45 | €8,470 | €13,236 | +€4,766 | +56.3% |
| Taxes | 450/3 | €1,721 | €13,236 | +€11,515 | +669.0% |
| Remuneration and social security | 454/9 | €6,749 | €0 | -€6,749 | -100.0% |
| Other amounts payable | 47/48 | €79,747 | €833 | -€78,914 | -99.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €30,929 | €22,043 | -€8,886 | -28.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,930 | €23,933 | +€1,003 | +4.4% |
| Other operating charges | 640/8 | €4,741 | €3,880 | -€861 | -18.2% |
| Gross operating margin | 9900 | €129,173 | €223,008 | +€93,835 | +72.6% |
| Operating profit (loss) | 9901 | €70,573 | €173,153 | +€102,580 | +145.4% |
| Financial income | 75/76B | €6,146 | €0 | -€6,146 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Non-recurring financial income | 76B | €6,146 | €0 | -€6,146 | -100.0% |
| Financial charges | 65/66B | €9,311 | €6,924 | -€2,387 | -25.6% |
| Recurring financial charges | 65 | €9,311 | €6,924 | -€2,387 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €67,409 | €166,229 | +€98,821 | +146.6% |
| Income taxes | 67/77 | €201 | €41,783 | +€41,582 | +20649.5% |
| Profit (loss) for the period | 9904 | €67,207 | €124,446 | +€57,239 | +85.2% |
| Profit (loss) for the period to be appropriated | 9905 | €67,207 | €124,446 | +€57,239 | +85.2% |
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 11 October 2026 via checked.be.