IMMO FERGE: 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 FERGE
Largest movements
- Cash +€27,401
up €27,401 (+94.0%), from €29,155 to €56,555
mainly Depreciation (+€25,254) and Other debts (+€5,000)
- Tangible fixed assets -€25,254
down €25,254 (-3.2%), from €781,287 to €756,033
of which Other tangible fixed assets: -€13,819
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€4,570
up €4,570 (+18.7%), from €24,464 to €29,035
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 | €810,441 | €812,588 | +€2,146 | +0.3% |
| Fixed assets | 21/28 | €781,287 | €756,033 | -€25,254 | -3.2% |
| Tangible fixed assets | 22/27 | €781,287 | €756,033 | -€25,254 | -3.2% |
| Land and buildings | 22 | €431,204 | €419,769 | -€11,435 | -2.7% |
| Other tangible fixed assets | 26 | €350,083 | €336,263 | -€13,819 | -3.9% |
| Current assets | 29/58 | €29,155 | €56,555 | +€27,401 | +94.0% |
| Cash at bank and in hand | 54/58 | €29,155 | €56,555 | +€27,401 | +94.0% |
| Total equity and liabilities | 10/49 | €810,441 | €812,588 | +€2,146 | +0.3% |
| Equity | 10/15 | €228,221 | €226,578 | -€1,644 | -0.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €292,115 | €292,115 | = | 0.0% |
| 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 | €290,255 | €290,255 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€70,094 | -€71,737 | -€1,644 | -2.3% |
| Amounts payable | 17/49 | €582,220 | €586,010 | +€3,790 | +0.7% |
| Amounts payable within one year | 42/48 | €582,220 | €586,010 | +€3,790 | +0.7% |
| Trade debts | 44 | €1,210 | - | -€1,210 | |
| Suppliers | 440/4 | €1,210 | - | -€1,210 | |
| Other amounts payable | 47/48 | €581,010 | €586,010 | +€5,000 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,254 | €25,254 | = | 0.0% |
| Other operating charges | 640/8 | €5,480 | €5,379 | -€101 | -1.8% |
| Gross operating margin | 9900 | €24,464 | €29,035 | +€4,570 | +18.7% |
| Operating profit (loss) | 9901 | -€6,270 | -€1,599 | +€4,671 | +74.5% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,315 | -€1,644 | +€4,671 | +74.0% |
| Profit (loss) for the period | 9904 | -€6,315 | -€1,644 | +€4,671 | +74.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,315 | -€1,644 | +€4,671 | +74.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.