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Immo FABRY: 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.

What changed

Immo FABRY

BE 0455.643.147
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€38,673
2024 · €17,408-€56,081
Equity
€1.1m
2024 · €1.1m-€54,673
Cash
€96,697
2024 · €89,025+€7,672
Balance sheet total
€2.5m
2024 · €2.5m+€559

Largest movements

2024 to 2025
Assets
  • Current investments +€62,299

    up €62,299 (+6.9%), from €899,737 to €962,036

  • Tangible fixed assets -€58,688

    down €58,688 (-4.5%), from €1.3m to €1.3m

    of which Land and buildings: -€58,165

Equity and liabilities
  • Profit (loss) carried forward -€54,673

    down €54,673 (-42.4%), from -€129,062 to -€183,735

  • Other debts +€36,624

    up €36,624 (+11.4%), from €320,597 to €357,221

Income statement
  • Gross operating margin -€63,602

    down €63,602 (-53.7%), from €118,438 to €54,836

  • Financial income +€11,732

    up €11,732 (+57.7%), from €20,317 to €32,049

    of which Financial income: +€10,837

  • Financial charges +€5,488

    up €5,488 (+15.5%), from €35,506 to €40,994

    of which Financial charges: +€4,251

  • Depreciation -€1,977

    down €1,977 (-2.6%), from €75,460 to €73,483

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €17,408
Gross operating margin -€63,602
Depreciation +€1,977
Other operating charges -€700
Financial income +€11,732
Financial charges -€5,488
Result 2025 -€38,673

Cash bridge derived

cash 2024 to 2025

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.

From operations +€100,766
Investment -€77,093
Financing -€16,000
Cash 2024 €89,025
Net result for the year -€38,673
Depreciation +€73,483
Receivables after one year +€19,157
Receivables within one year -€9,183
Deferred charges and accrued income +€750
Trade debts -€1,703
Other debts +€36,624
Accrued charges and deferred income +€20,311
Investment in fixed assets (net) -€14,795
Current investments -€62,299
Contributions, distributions and other -€16,000
Cash 2025 €96,697
Every line side by side 41 lines
Line Code 2024 2025 Change %
Total assets 20/58 €2,469,701 €2,470,260 +€559 0.0%
Fixed assets 21/28 €1,313,254 €1,254,566 -€58,688 -4.5%
Tangible fixed assets 22/27 €1,313,254 €1,254,566 -€58,688 -4.5%
Land and buildings 22 €1,308,539 €1,250,374 -€58,165 -4.4%
Plant, machinery and equipment 23 €3,140 €2,616 -€523 -16.7%
Other tangible fixed assets 26 €1,576 €1,576 = 0.0%
Current assets 29/58 €1,156,446 €1,215,694 +€59,247 +5.1%
Amounts receivable after more than one year 29 €102,157 €83,000 -€19,157 -18.8%
Trade receivables 290 €102,157 €83,000 -€19,157 -18.8%
Amounts receivable within one year 40/41 €64,155 €73,338 +€9,183 +14.3%
Other amounts receivable 41 €64,155 €73,338 +€9,183 +14.3%
Current investments 50/53 €899,737 €962,036 +€62,299 +6.9%
Cash at bank and in hand 54/58 €89,025 €96,697 +€7,672 +8.6%
Deferred charges and accrued income 490/1 €1,373 €622 -€750 -54.7%
Total equity and liabilities 10/49 €2,469,701 €2,470,260 +€559 0.0%
Equity 10/15 €1,131,208 €1,076,535 -€54,673 -4.8%
Contributions 10/11 €944,250 €944,250 = 0.0%
Reserves 13 €316,020 €316,020 = 0.0%
Distributable reserves 133 €316,020 €316,020 = 0.0%
Profit (loss) carried forward 14 -€129,062 -€183,735 -€54,673 -42.4%
Amounts payable 17/49 €1,338,493 €1,393,725 +€55,232 +4.1%
Amounts payable after more than one year 17 €720,000 €720,000 = 0.0%
Financial debts 170/4 €720,000 €720,000 = 0.0%
Amounts payable within one year 42/48 €323,372 €358,293 +€34,921 +10.8%
Trade debts 44 €2,775 €1,072 -€1,703 -61.4%
Suppliers 440/4 €2,775 €1,072 -€1,703 -61.4%
Other amounts payable 47/48 €320,597 €357,221 +€36,624 +11.4%
Accrued charges and deferred income 492/3 €295,121 €315,432 +€20,311 +6.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €75,460 €73,483 -€1,977 -2.6%
Other operating charges 640/8 €10,381 €11,080 +€700 +6.7%
Gross operating margin 9900 €118,438 €54,836 -€63,602 -53.7%
Operating profit (loss) 9901 €32,597 -€29,728 -€62,325
Financial income 75/76B €20,317 €32,049 +€11,732 +57.7%
Recurring financial income 75 €20,317 €31,154 +€10,837 +53.3%
Non-recurring financial income 76B - €895 +€895
Financial charges 65/66B €35,506 €40,994 +€5,488 +15.5%
Recurring financial charges 65 €35,506 €39,757 +€4,251 +12.0%
Non-recurring financial charges 66B - €1,237 +€1,237
Profit (loss) for the period before taxes 9903 €17,408 -€38,673 -€56,081
Profit (loss) for the period 9904 €17,408 -€38,673 -€56,081
Profit (loss) for the period to be appropriated 9905 €17,408 -€38,673 -€56,081

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.