IMMO FIXED: 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 FIXED
Largest movements
- Cash -€34,524
down €34,524 (-42.0%), from €82,130 to €47,606
mainly Advances received (-€37,770) and Net result for the year (-€13,549)
- Receivables within one year -€22,015
down €22,015 (-89.8%), from €24,512 to €2,497
of which Trade receivables: -€22,015
- Tangible fixed assets -€7,611
down €7,611 (-65.3%), from €11,649 to €4,038
of which Plant, machinery and equipment: -€6,238
- Advances received -€37,770
down €37,770 (-54.7%), from €69,100 to €31,330
- Profit (loss) carried forward -€13,549
down €13,549, from €3,958 to -€9,591
- Debts after one year -€8,345
down €8,345 (-56.9%), from €14,670 to €6,325
- Current portion of long-term debt -€2,819
down €2,819 (-26.2%), from €10,742 to €7,923
- Tax, wage and social debts -€2,377
down €2,377 (-33.5%), from €7,093 to €4,716
- Gross operating margin -€16,790
down €16,790, from €13,135 to -€3,656
- Financial charges -€1,014
down €1,014 (-58.4%), from €1,737 to €723
- Taxes -€838
down €838 (-100.0%), from €838 to €0
- Depreciation +€612
up €612 (+7.6%), from €8,066 to €8,678
- Financial income -€207
down €207 (-88.5%), from €234 to €27
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 | €123,722 | €58,861 | -€64,861 | -52.4% |
| Fixed assets | 21/28 | €17,079 | €8,757 | -€8,322 | -48.7% |
| Intangible fixed assets | 21 | €5,430 | €4,719 | -€711 | -13.1% |
| Tangible fixed assets | 22/27 | €11,649 | €4,038 | -€7,611 | -65.3% |
| Plant, machinery and equipment | 23 | €6,238 | €0 | -€6,238 | -100.0% |
| Furniture and vehicles | 24 | €5,411 | €4,038 | -€1,373 | -25.4% |
| Current assets | 29/58 | €106,642 | €50,103 | -€56,539 | -53.0% |
| Amounts receivable within one year | 40/41 | €24,512 | €2,497 | -€22,015 | -89.8% |
| Trade receivables | 40 | €24,512 | €2,497 | -€22,015 | -89.8% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €82,130 | €47,606 | -€34,524 | -42.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €123,722 | €58,861 | -€64,861 | -52.4% |
| Equity | 10/15 | €14,708 | €1,159 | -€13,549 | -92.1% |
| Contributions | 10/11 | €10,750 | €10,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,958 | -€9,591 | -€13,549 | |
| Amounts payable | 17/49 | €109,014 | €57,702 | -€51,311 | -47.1% |
| Amounts payable after more than one year | 17 | €14,670 | €6,325 | -€8,345 | -56.9% |
| Financial debts | 170/4 | €14,670 | €6,325 | -€8,345 | -56.9% |
| Amounts payable within one year | 42/48 | €94,343 | €51,377 | -€42,967 | -45.5% |
| Current portion of amounts payable after more than one year | 42 | €10,742 | €7,923 | -€2,819 | -26.2% |
| Trade debts | 44 | €1,259 | €1,259 | -€0 | 0.0% |
| Suppliers | 440/4 | €1,259 | €1,259 | -€0 | 0.0% |
| Advances received on contracts in progress | 46 | €69,100 | €31,330 | -€37,770 | -54.7% |
| Taxes, remuneration and social security | 45 | €7,093 | €4,716 | -€2,377 | -33.5% |
| Taxes | 450/3 | €7,093 | €4,716 | -€2,377 | -33.5% |
| Other amounts payable | 47/48 | €6,149 | €6,149 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,066 | €8,678 | +€612 | +7.6% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €13,135 | -€3,656 | -€16,790 | |
| Operating profit (loss) | 9901 | €4,563 | -€12,854 | -€17,417 | |
| Financial income | 75/76B | €234 | €27 | -€207 | -88.5% |
| Recurring financial income | 75 | €234 | €27 | -€207 | -88.5% |
| Financial charges | 65/66B | €1,737 | €723 | -€1,014 | -58.4% |
| Recurring financial charges | 65 | €1,737 | €723 | -€1,014 | -58.4% |
| Profit (loss) for the period before taxes | 9903 | €3,061 | -€13,549 | -€16,610 | |
| Income taxes | 67/77 | €838 | €0 | -€838 | -100.0% |
| Profit (loss) for the period | 9904 | €2,223 | -€13,549 | -€15,773 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,223 | -€13,549 | -€15,773 |
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.