IMMO-FOR: 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-FOR
Largest movements
- Cash -€14,495
down €14,495 (-81.9%), from €17,689 to €3,194
mainly Net result for the year (-€15,195) and Trade debts (-€61)
- Tangible fixed assets -€671
down €671 (-1.7%), from €38,455 to €37,784
- Profit (loss) carried forward -€15,195
down €15,195 (-50.9%), from €29,837 to €14,642
- Other operating charges +€1,590
up €1,590 (+17.7%), from €8,975 to €10,565
- Depreciation -€1,252
down €1,252 (-65.1%), from €1,923 to €671
- Gross operating margin -€175
down €175 (-5.0%), from -€3,502 to -€3,677
- Financial income -€75
down €75 (-71.2%), from €106 to €30
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 | €56,233 | €40,978 | -€15,255 | -27.1% |
| Fixed assets | 21/28 | €38,455 | €37,784 | -€671 | -1.7% |
| Tangible fixed assets | 22/27 | €38,455 | €37,784 | -€671 | -1.7% |
| Land and buildings | 22 | €38,455 | €37,784 | -€671 | -1.7% |
| Current assets | 29/58 | €17,778 | €3,194 | -€14,584 | -82.0% |
| Cash at bank and in hand | 54/58 | €17,689 | €3,194 | -€14,495 | -81.9% |
| Deferred charges and accrued income | 490/1 | €89 | - | -€89 | |
| Total equity and liabilities | 10/49 | €56,233 | €40,978 | -€15,255 | -27.1% |
| Equity | 10/15 | €55,873 | €40,678 | -€15,195 | -27.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,437 | €7,437 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,437 | €7,437 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,837 | €14,642 | -€15,195 | -50.9% |
| Amounts payable | 17/49 | €360 | €300 | -€61 | -16.8% |
| Amounts payable within one year | 42/48 | €360 | €300 | -€61 | -16.8% |
| Trade debts | 44 | €112 | €52 | -€61 | -53.9% |
| Suppliers | 440/4 | €112 | €52 | -€61 | -53.9% |
| Other amounts payable | 47/48 | €248 | €248 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,923 | €671 | -€1,252 | -65.1% |
| Other operating charges | 640/8 | €8,975 | €10,565 | +€1,590 | +17.7% |
| Gross operating margin | 9900 | -€3,502 | -€3,677 | -€175 | -5.0% |
| Operating profit (loss) | 9901 | -€14,400 | -€14,913 | -€512 | -3.6% |
| Financial income | 75/76B | €106 | €30 | -€75 | -71.2% |
| Recurring financial income | 75 | €106 | €30 | -€75 | -71.2% |
| Financial charges | 65/66B | €284 | €313 | +€29 | +10.1% |
| Recurring financial charges | 65 | €284 | €313 | +€29 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | -€14,579 | -€15,195 | -€616 | -4.2% |
| Profit (loss) for the period | 9904 | -€14,579 | -€15,195 | -€616 | -4.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,579 | -€15,195 | -€616 | -4.2% |
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 2 October 2026 via checked.be.