IMMO FM BELGIUM: 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 FM BELGIUM
Largest movements
- Receivables within one year +€5,725
up €5,725 (+83.6%), from €6,848 to €12,574
of which Trade receivables: +€7,750
- Cash -€4,630
down €4,630 (-15.2%), from €30,547 to €25,917
mainly Other debts (-€5,781) and Receivables within one year (-€5,725)
- Profit (loss) carried forward +€9,456
up €9,456 (+22.3%), from -€42,384 to -€32,928
- Other debts -€5,781
down €5,781 (-19.4%), from €29,802 to €24,022
- Tax, wage and social debts -€2,712
down €2,712 (-12.2%), from €22,313 to €19,601
of which Remuneration and social security: -€3,689
- Contributions +€1,500
up €1,500 (+8.1%), from €18,592 to €20,092
- Reserves -€1,500
no longer reported in 2025 (was €1,500)
- Purchases and services +€17,929
up €17,929 (+14.5%), from €123,458 to €141,387
- Turnover +€16,769
up €16,769 (+9.9%), from €170,167 to €186,936
- Gross operating margin -€3,660
down €3,660 (-7.8%), from €46,709 to €43,049
- Financial income +€3,597
up €3,597 (+947%), from €380 to €3,977
of which Non-recurring financial income: +€3,906
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 | €41,535 | €42,540 | +€1,005 | +2.4% |
| Fixed assets | 21/28 | €4,140 | €4,050 | -€90 | -2.2% |
| Tangible fixed assets | 22/27 | €90 | - | -€90 | |
| Furniture and vehicles | 24 | €0 | - | -€0 | |
| Other tangible fixed assets | 26 | €90 | - | -€90 | |
| Financial fixed assets | 28 | €4,050 | €4,050 | = | 0.0% |
| Current assets | 29/58 | €37,395 | €38,490 | +€1,095 | +2.9% |
| Amounts receivable within one year | 40/41 | €6,848 | €12,574 | +€5,725 | +83.6% |
| Trade receivables | 40 | €4,219 | €11,968 | +€7,750 | +184% |
| Other amounts receivable | 41 | €2,629 | €605 | -€2,024 | -77.0% |
| Cash at bank and in hand | 54/58 | €30,547 | €25,917 | -€4,630 | -15.2% |
| Total equity and liabilities | 10/49 | €41,535 | €42,540 | +€1,005 | +2.4% |
| Equity | 10/15 | -€22,292 | -€12,836 | +€9,456 | +42.4% |
| Contributions | 10/11 | €18,592 | €20,092 | +€1,500 | +8.1% |
| Reserves | 13 | €1,500 | - | -€1,500 | |
| Non-distributable reserves | 130/1 | €1,500 | - | -€1,500 | |
| Reserves not available under the articles | 1311 | €1,500 | - | -€1,500 | |
| Profit (loss) carried forward | 14 | -€42,384 | -€32,928 | +€9,456 | +22.3% |
| Amounts payable | 17/49 | €63,827 | €55,377 | -€8,451 | -13.2% |
| Amounts payable after more than one year | 17 | €1,583 | €1,125 | -€459 | -29.0% |
| Financial debts | 170/4 | €1,583 | €1,125 | -€459 | -29.0% |
| Amounts payable within one year | 42/48 | €62,244 | €54,252 | -€7,992 | -12.8% |
| Current portion of amounts payable after more than one year | 42 | €451 | - | -€451 | |
| Trade debts | 44 | €9,678 | €10,630 | +€952 | +9.8% |
| Suppliers | 440/4 | €9,678 | €10,630 | +€952 | +9.8% |
| Taxes, remuneration and social security | 45 | €22,313 | €19,601 | -€2,712 | -12.2% |
| Taxes | 450/3 | €2,209 | €3,186 | +€977 | +44.2% |
| Remuneration and social security | 454/9 | €20,104 | €16,415 | -€3,689 | -18.4% |
| Other amounts payable | 47/48 | €29,802 | €24,022 | -€5,781 | -19.4% |
| Turnover | 70 | €170,167 | €186,936 | +€16,769 | +9.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €123,458 | €141,387 | +€17,929 | +14.5% |
| Remuneration, social security and pensions | 62 | €34,893 | €34,225 | -€669 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,923 | €90 | -€1,833 | -95.3% |
| Other operating charges | 640/8 | €2,243 | €2,686 | +€443 | +19.7% |
| Gross operating margin | 9900 | €46,709 | €43,049 | -€3,660 | -7.8% |
| Operating profit (loss) | 9901 | €7,650 | €6,049 | -€1,601 | -20.9% |
| Financial income | 75/76B | €380 | €3,977 | +€3,597 | +947% |
| Recurring financial income | 75 | €309 | €3,977 | +€3,668 | +1,188% |
| Non-recurring financial income | 76B | €71 | €3,977 | +€3,906 | +5,505% |
| Financial charges | 65/66B | €760 | €570 | -€190 | -25.0% |
| Recurring financial charges | 65 | €747 | €570 | -€177 | -23.7% |
| Non-recurring financial charges | 66B | €13 | - | -€13 | |
| Profit (loss) for the period before taxes | 9903 | €7,270 | €9,456 | +€2,186 | +30.1% |
| Profit (loss) for the period | 9904 | €7,270 | €9,456 | +€2,186 | +30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,270 | €9,456 | +€2,186 | +30.1% |
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 24 October 2026 via checked.be.