IMMO FEIBER: 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 FEIBER
Largest movements
- Cash -€3,775
down €3,775 (-42.6%), from €8,860 to €5,085
mainly Net result for the year (-€4,664) and Short-term financial debts (-€13)
- Profit (loss) carried forward -€4,664
down €4,664 (-9.5%), from -€49,189 to -€53,852
- Trade debts +€792
up €792 (+61.4%), from €1,291 to €2,084
- Depreciation -€664
no longer reported in 2025 (was €664)
- Gross operating margin +€141
up €141 (+3.5%), from -€3,980 to -€3,839
- Financial charges -€56
down €56 (-17.0%), from €327 to €272
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 | €38,091 | €34,207 | -€3,884 | -10.2% |
| Current assets | 29/58 | €38,091 | €34,207 | -€3,884 | -10.2% |
| Stocks and contracts in progress | 3 | €28,421 | €28,421 | = | 0.0% |
| Stocks | 30/36 | €28,421 | €28,421 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €810 | €701 | -€109 | -13.4% |
| Trade receivables | 40 | €593 | €505 | -€88 | -14.8% |
| Other amounts receivable | 41 | €217 | €196 | -€21 | -9.7% |
| Cash at bank and in hand | 54/58 | €8,860 | €5,085 | -€3,775 | -42.6% |
| Total equity and liabilities | 10/49 | €38,091 | €34,207 | -€3,884 | -10.2% |
| Equity | 10/15 | €33,871 | €29,208 | -€4,664 | -13.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €76,860 | €76,860 | = | 0.0% |
| Distributable reserves | 133 | €76,860 | €76,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,189 | -€53,852 | -€4,664 | -9.5% |
| Amounts payable | 17/49 | €4,220 | €4,999 | +€780 | +18.5% |
| Amounts payable within one year | 42/48 | €4,220 | €4,999 | +€780 | +18.5% |
| Current portion of amounts payable after more than one year | 42 | €2,915 | €2,915 | = | 0.0% |
| Financial debts | 43 | €13 | - | -€13 | |
| Credit institutions | 430/8 | €13 | - | -€13 | |
| Trade debts | 44 | €1,291 | €2,084 | +€792 | +61.4% |
| Suppliers | 440/4 | €1,291 | €2,084 | +€792 | +61.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €664 | - | -€664 | |
| Other operating charges | 640/8 | €536 | €548 | +€12 | +2.3% |
| Non-recurring operating charges | 66A | - | €4 | +€4 | |
| Gross operating margin | 9900 | -€3,980 | -€3,839 | +€141 | +3.5% |
| Operating profit (loss) | 9901 | -€5,180 | -€4,392 | +€789 | +15.2% |
| Financial charges | 65/66B | €327 | €272 | -€56 | -17.0% |
| Recurring financial charges | 65 | €327 | €272 | -€56 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,508 | -€4,664 | +€844 | +15.3% |
| Profit (loss) for the period | 9904 | -€5,508 | -€4,664 | +€844 | +15.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,508 | -€4,664 | +€844 | +15.3% |
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 7 October 2026 via checked.be.