IMMO FACTO: 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 FACTO
Largest movements
- Tangible fixed assets +€94,340
up €94,340 (+102%), from €92,633 to €186,973
of which Land and buildings: +€99,682
- Receivables within one year +€20,594
up €20,594 (+325%), from €6,329 to €26,924
of which Other amounts receivable: +€19,285
- Cash +€20,159
up €20,159 (+193%), from €10,423 to €30,582
mainly Debts after one year (+€100,000) and Trade debts (+€16,439)
- Deferred charges and accrued income +€8,729
up €8,729 (+4,836%), from €181 to €8,909
- Debts after one year +€100,000
up €100,000 (+222%), from €45,000 to €145,000
- Trade debts +€16,439
up €16,439 (+3,058%), from €538 to €16,977
- Other debts +€15,000
up €15,000 (+1,753%), from €856 to €15,856
- Reserves +€10,645
up €10,645 (+25.0%), from €42,620 to €53,265
- Gross operating margin +€6,368
up €6,368 (+55.6%), from €11,461 to €17,830
- Depreciation -€4,092
down €4,092 (-92.8%), from €4,409 to €318
- Taxes +€3,600
up €3,600 (+251%), from €1,436 to €5,036
- Other operating charges -€953
down €953 (-39.9%), from €2,389 to €1,436
- Financial charges +€245
up €245 (+163%), from €150 to €396
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 | €109,565 | €253,388 | +€143,823 | +131% |
| Fixed assets | 21/28 | €92,633 | €186,973 | +€94,340 | +102% |
| Tangible fixed assets | 22/27 | €92,633 | €186,973 | +€94,340 | +102% |
| Land and buildings | 22 | €87,291 | €186,973 | +€99,682 | +114% |
| Furniture and vehicles | 24 | €5,342 | €0 | -€5,342 | -100% |
| Current assets | 29/58 | €16,933 | €66,415 | +€49,482 | +292% |
| Amounts receivable within one year | 40/41 | €6,329 | €26,924 | +€20,594 | +325% |
| Trade receivables | 40 | €4,925 | €6,234 | +€1,309 | +26.6% |
| Other amounts receivable | 41 | €1,405 | €20,690 | +€19,285 | +1,373% |
| Cash at bank and in hand | 54/58 | €10,423 | €30,582 | +€20,159 | +193% |
| Deferred charges and accrued income | 490/1 | €181 | €8,909 | +€8,729 | +4,836% |
| Total equity and liabilities | 10/49 | €109,565 | €253,388 | +€143,823 | +131% |
| Equity | 10/15 | €62,620 | €73,265 | +€10,645 | +17.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €42,620 | €53,265 | +€10,645 | +25.0% |
| Distributable reserves | 133 | €42,620 | €53,265 | +€10,645 | +25.0% |
| Amounts payable | 17/49 | €46,945 | €180,123 | +€133,178 | +284% |
| Amounts payable after more than one year | 17 | €45,000 | €145,000 | +€100,000 | +222% |
| Financial debts | 170/4 | €45,000 | €145,000 | +€100,000 | +222% |
| Amounts payable within one year | 42/48 | €1,945 | €35,123 | +€33,178 | +1,706% |
| Financial debts | 43 | €512 | €505 | -€7 | -1.4% |
| Credit institutions | 430/8 | €512 | €505 | -€7 | -1.4% |
| Trade debts | 44 | €538 | €16,977 | +€16,439 | +3,058% |
| Suppliers | 440/4 | €538 | €16,977 | +€16,439 | +3,058% |
| Taxes, remuneration and social security | 45 | €40 | €1,786 | +€1,745 | +4,334% |
| Taxes | 450/3 | €40 | €1,786 | +€1,745 | +4,334% |
| Other amounts payable | 47/48 | €856 | €15,856 | +€15,000 | +1,753% |
| Non-recurring operating income | 76A | - | €8,908 | +€8,908 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,409 | €318 | -€4,092 | -92.8% |
| Other operating charges | 640/8 | €2,389 | €1,436 | -€953 | -39.9% |
| Gross operating margin | 9900 | €11,461 | €17,830 | +€6,368 | +55.6% |
| Operating profit (loss) | 9901 | €4,663 | €16,076 | +€11,413 | +245% |
| Financial charges | 65/66B | €150 | €396 | +€245 | +163% |
| Recurring financial charges | 65 | €150 | €396 | +€245 | +163% |
| Profit (loss) for the period before taxes | 9903 | €4,513 | €15,681 | +€11,168 | +247% |
| Income taxes | 67/77 | €1,436 | €5,036 | +€3,600 | +251% |
| Profit (loss) for the period | 9904 | €3,077 | €10,645 | +€7,568 | +246% |
| Profit (loss) for the period to be appropriated | 9905 | €3,077 | €10,645 | +€7,568 | +246% |
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 22 October 2026 via checked.be.