Immo Food Square: 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 Food Square
Largest movements
- Tangible fixed assets +€5.2m
up €5.2m (+1,096%), from €474,665 to €5.7m
- Cash +€118,625
up €118,625 (+738%), from €16,066 to €134,691
mainly Debts after one year (+€5.1m) and Current portion of long-term debt (+€179,852)
- Receivables within one year -€90,386
down €90,386 (-38.9%), from €232,500 to €142,114
of which Trade receivables: -€232,500
- Debts after one year +€5.1m
new in 2025: €5.1m
- Current portion of long-term debt +€179,852
new in 2025: €179,852
- Gross operating margin +€136,603
up €136,603, from -€165 to €136,438
- Financial charges +€97,396
up €97,396 (+486,980%), from €20 to €97,416
- Depreciation +€57,327
up €57,327 (+1,744%), from €3,288 to €60,615
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 | €725,420 | €5,977,074 | +€5.3m | +724% |
| Formation expenses | 20 | €1,750 | €1,750 | = | 0.0% |
| Fixed assets | 21/28 | €474,665 | €5,678,597 | +€5.2m | +1,096% |
| Tangible fixed assets | 22/27 | €474,665 | €5,678,597 | +€5.2m | +1,096% |
| Land and buildings | 22 | €474,665 | €5,678,597 | +€5.2m | +1,096% |
| Current assets | 29/58 | €249,005 | €296,727 | +€47,722 | +19.2% |
| Amounts receivable within one year | 40/41 | €232,500 | €142,114 | -€90,386 | -38.9% |
| Trade receivables | 40 | €232,500 | - | -€232,500 | |
| Other amounts receivable | 41 | - | €142,114 | +€142,114 | |
| Cash at bank and in hand | 54/58 | €16,066 | €134,691 | +€118,625 | +738% |
| Deferred charges and accrued income | 490/1 | €439 | €19,922 | +€19,483 | +4,438% |
| Total equity and liabilities | 10/49 | €725,420 | €5,977,074 | +€5.3m | +724% |
| Equity | 10/15 | €56,527 | €34,132 | -€22,395 | -39.6% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,473 | -€25,868 | -€22,395 | -645% |
| Amounts payable | 17/49 | €668,893 | €5,942,942 | +€5.3m | +788% |
| Amounts payable after more than one year | 17 | - | €5,082,498 | +€5.1m | |
| Financial debts | 170/4 | - | €5,082,498 | +€5.1m | |
| Amounts payable within one year | 42/48 | €668,143 | €859,699 | +€191,556 | +28.7% |
| Current portion of amounts payable after more than one year | 42 | - | €179,852 | +€179,852 | |
| Other amounts payable | 47/48 | €668,143 | €679,847 | +€11,704 | +1.8% |
| Accrued charges and deferred income | 492/3 | €750 | €745 | -€5 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,288 | €60,615 | +€57,327 | +1,744% |
| Other operating charges | 640/8 | - | €802 | +€802 | |
| Gross operating margin | 9900 | -€165 | €136,438 | +€136,603 | |
| Operating profit (loss) | 9901 | -€3,453 | €75,021 | +€78,474 | |
| Financial charges | 65/66B | €20 | €97,416 | +€97,396 | +486,980% |
| Recurring financial charges | 65 | €20 | €97,416 | +€97,396 | +486,980% |
| Profit (loss) for the period before taxes | 9903 | -€3,473 | -€22,395 | -€18,922 | -545% |
| Profit (loss) for the period | 9904 | -€3,473 | -€22,395 | -€18,922 | -545% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,473 | -€22,395 | -€18,922 | -545% |
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 20 October 2026 via checked.be.