IMMO FECHERE: 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 FECHERE
Largest movements
- Tangible fixed assets -€16,816
down €16,816 (-3.4%), from €499,791 to €482,974
- Debts after one year -€47,936
down €47,936 (-14.3%), from €334,702 to €286,765
- Reserves +€30,000
up €30,000 (+36.1%), from €83,023 to €113,023
- Gross operating margin +€1,513
up €1,513 (+2.1%), from €71,864 to €73,376
- Financial charges -€1,409
down €1,409 (-18.2%), from €7,736 to €6,327
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 | €504,450 | €485,109 | -€19,341 | -3.8% |
| Fixed assets | 21/28 | €499,791 | €482,974 | -€16,816 | -3.4% |
| Tangible fixed assets | 22/27 | €499,791 | €482,974 | -€16,816 | -3.4% |
| Land and buildings | 22 | €499,791 | €482,974 | -€16,816 | -3.4% |
| Current assets | 29/58 | €4,659 | €2,134 | -€2,525 | -54.2% |
| Cash at bank and in hand | 54/58 | €4,659 | €2,134 | -€2,525 | -54.2% |
| Total equity and liabilities | 10/49 | €504,450 | €485,109 | -€19,341 | -3.8% |
| Equity | 10/15 | €89,398 | €119,666 | +€30,268 | +33.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €83,023 | €113,023 | +€30,000 | +36.1% |
| Distributable reserves | 133 | €83,023 | €113,023 | +€30,000 | +36.1% |
| Profit (loss) carried forward | 14 | €176 | €444 | +€268 | +152% |
| Amounts payable | 17/49 | €415,051 | €365,442 | -€49,609 | -12.0% |
| Amounts payable after more than one year | 17 | €334,702 | €286,765 | -€47,936 | -14.3% |
| Financial debts | 170/4 | €334,702 | €286,765 | -€47,936 | -14.3% |
| Amounts payable within one year | 42/48 | €77,265 | €75,442 | -€1,823 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €47,870 | €47,936 | +€66 | +0.1% |
| Taxes, remuneration and social security | 45 | €10,549 | €8,660 | -€1,889 | -17.9% |
| Taxes | 450/3 | €10,549 | €8,660 | -€1,889 | -17.9% |
| Other amounts payable | 47/48 | €18,846 | €18,846 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,085 | €3,235 | +€150 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,876 | €20,706 | -€169 | -0.8% |
| Other operating charges | 640/8 | €1,605 | €1,655 | +€51 | +3.2% |
| Gross operating margin | 9900 | €71,864 | €73,376 | +€1,513 | +2.1% |
| Operating profit (loss) | 9901 | €49,383 | €51,015 | +€1,631 | +3.3% |
| Financial charges | 65/66B | €7,736 | €6,327 | -€1,409 | -18.2% |
| Recurring financial charges | 65 | €7,736 | €6,327 | -€1,409 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €41,647 | €44,687 | +€3,040 | +7.3% |
| Income taxes | 67/77 | €13,709 | €14,419 | +€711 | +5.2% |
| Profit (loss) for the period | 9904 | €27,938 | €30,268 | +€2,330 | +8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €27,938 | €30,268 | +€2,330 | +8.3% |
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 15 October 2026 via checked.be.