Immo Five Invest: 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 Five Invest
Largest movements
- Stocks and contracts -€48,711
down €48,711 (-50.0%), from €97,422 to €48,711
- Tangible fixed assets -€3,227
down €3,227 (-3.6%), from €90,095 to €86,868
- Debts after one year -€44,118
down €44,118 (-30.0%), from €147,127 to €103,009
- Profit (loss) carried forward -€17,353
down €17,353 (-59.7%), from -€29,076 to -€46,429
- Accrued charges and deferred income +€6,078
up €6,078 (+104%), from €5,870 to €11,948
- Trade debts +€2,172
up €2,172 (+235%), from €924 to €3,096
- Financial charges -€5,174
down €5,174 (-36.4%), from €14,205 to €9,030
- Gross operating margin -€5,002
down €5,002, from €943 to -€4,058
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 | €193,981 | €140,965 | -€53,016 | -27.3% |
| Formation expenses | 20 | €669 | €408 | -€261 | -39.0% |
| Fixed assets | 21/28 | €90,095 | €86,868 | -€3,227 | -3.6% |
| Tangible fixed assets | 22/27 | €90,095 | €86,868 | -€3,227 | -3.6% |
| Land and buildings | 22 | €90,095 | €86,868 | -€3,227 | -3.6% |
| Current assets | 29/58 | €103,217 | €53,689 | -€49,528 | -48.0% |
| Stocks and contracts in progress | 3 | €97,422 | €48,711 | -€48,711 | -50.0% |
| Stocks | 30/36 | €97,422 | €48,711 | -€48,711 | -50.0% |
| Amounts receivable within one year | 40/41 | - | €400 | +€400 | |
| Trade receivables | 40 | - | €400 | +€400 | |
| Cash at bank and in hand | 54/58 | €5,619 | €4,578 | -€1,041 | -18.5% |
| Deferred charges and accrued income | 490/1 | €176 | - | -€176 | |
| Total equity and liabilities | 10/49 | €193,981 | €140,965 | -€53,016 | -27.3% |
| Equity | 10/15 | €30,924 | €13,571 | -€17,353 | -56.1% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,076 | -€46,429 | -€17,353 | -59.7% |
| Amounts payable | 17/49 | €163,057 | €127,394 | -€35,663 | -21.9% |
| Amounts payable after more than one year | 17 | €147,127 | €103,009 | -€44,118 | -30.0% |
| Financial debts | 170/4 | €147,127 | €103,009 | -€44,118 | -30.0% |
| Amounts payable within one year | 42/48 | €10,060 | €12,437 | +€2,377 | +23.6% |
| Current portion of amounts payable after more than one year | 42 | €3,912 | €4,118 | +€205 | +5.3% |
| Trade debts | 44 | €924 | €3,096 | +€2,172 | +235% |
| Suppliers | 440/4 | €924 | €3,096 | +€2,172 | +235% |
| Other amounts payable | 47/48 | €5,223 | €5,223 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €5,870 | €11,948 | +€6,078 | +104% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,488 | €3,488 | -€0 | 0.0% |
| Other operating charges | 640/8 | €753 | €777 | +€24 | +3.2% |
| Gross operating margin | 9900 | €943 | -€4,058 | -€5,002 | |
| Operating profit (loss) | 9901 | -€3,297 | -€8,323 | -€5,026 | -152% |
| Financial charges | 65/66B | €14,205 | €9,030 | -€5,174 | -36.4% |
| Recurring financial charges | 65 | €14,205 | €9,030 | -€5,174 | -36.4% |
| Profit (loss) for the period before taxes | 9903 | -€17,502 | -€17,353 | +€148 | +0.8% |
| Profit (loss) for the period | 9904 | -€17,502 | -€17,353 | +€148 | +0.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,502 | -€17,353 | +€148 | +0.8% |
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 30 October 2026 via checked.be.