IMMO-FOX: 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-FOX
Largest movements
- Cash +€10,863
up €10,863 (+135.5%), from €8,020 to €18,883
mainly Other debts (+€11,650) and Net result for the year (+€8,155)
- Tangible fixed assets +€2,881
up €2,881 (+16.4%), from €17,554 to €20,435
of which Plant, machinery and equipment: +€3,136
- Deferred charges and accrued income -€1,909
down €1,909 (-53.8%), from €3,548 to €1,639
- Receivables within one year -€899
down €899 (-42.3%), from €2,127 to €1,228
of which Other amounts receivable: -€519
- Other debts +€11,650
up €11,650 (+1816.0%), from €642 to €12,291
- Profit (loss) carried forward -€3,839
no longer reported in 2025 (was €3,839)
- Trade debts +€2,851
up €2,851 (+459.4%), from €620 to €3,471
- Depreciation -€5,343
down €5,343 (-66.8%), from €7,999 to €2,656
- Gross operating margin +€5,011
up €5,011 (+39.6%), from €12,645 to €17,657
- Taxes +€1,296
up €1,296 (+91.2%), from €1,422 to €2,718
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 | €31,249 | €42,185 | +€10,936 | +35.0% |
| Fixed assets | 21/28 | €17,554 | €20,435 | +€2,881 | +16.4% |
| Tangible fixed assets | 22/27 | €17,554 | €20,435 | +€2,881 | +16.4% |
| Land and buildings | 22 | €4,499 | €4,499 | = | 0.0% |
| Plant, machinery and equipment | 23 | €12,320 | €15,456 | +€3,136 | +25.5% |
| Furniture and vehicles | 24 | €736 | €481 | -€255 | -34.7% |
| Current assets | 29/58 | €13,695 | €21,750 | +€8,055 | +58.8% |
| Amounts receivable within one year | 40/41 | €2,127 | €1,228 | -€899 | -42.3% |
| Trade receivables | 40 | €530 | €150 | -€380 | -71.7% |
| Other amounts receivable | 41 | €1,597 | €1,078 | -€519 | -32.5% |
| Cash at bank and in hand | 54/58 | €8,020 | €18,883 | +€10,863 | +135.5% |
| Deferred charges and accrued income | 490/1 | €3,548 | €1,639 | -€1,909 | -53.8% |
| Total equity and liabilities | 10/49 | €31,249 | €42,185 | +€10,936 | +35.0% |
| Equity | 10/15 | €29,987 | €26,148 | -€3,839 | -12.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €7,598 | €7,598 | = | 0.0% |
| Non-distributable reserves | 130/1 | €161 | €161 | = | 0.0% |
| Reserves not available under the articles | 1311 | €161 | €161 | = | 0.0% |
| Distributable reserves | 133 | €7,437 | €7,437 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,839 | - | -€3,839 | |
| Amounts payable | 17/49 | €1,262 | €16,037 | +€14,775 | +1170.8% |
| Amounts payable within one year | 42/48 | €1,262 | €15,981 | +€14,719 | +1166.3% |
| Trade debts | 44 | €620 | €3,471 | +€2,851 | +459.4% |
| Suppliers | 440/4 | €620 | €3,471 | +€2,851 | +459.4% |
| Taxes, remuneration and social security | 45 | - | €218 | +€218 | |
| Taxes | 450/3 | - | €218 | +€218 | |
| Other amounts payable | 47/48 | €642 | €12,291 | +€11,650 | +1816.0% |
| Accrued charges and deferred income | 492/3 | - | €56 | +€56 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,999 | €2,656 | -€5,343 | -66.8% |
| Other operating charges | 640/8 | €3,879 | €4,001 | +€122 | +3.2% |
| Gross operating margin | 9900 | €12,645 | €17,657 | +€5,011 | +39.6% |
| Operating profit (loss) | 9901 | €768 | €11,000 | +€10,232 | +1332.5% |
| Financial income | 75/76B | - | €54 | +€54 | |
| Recurring financial income | 75 | - | €54 | +€54 | |
| Financial charges | 65/66B | €265 | €180 | -€85 | -32.0% |
| Recurring financial charges | 65 | €265 | €180 | -€85 | -32.0% |
| Profit (loss) for the period before taxes | 9903 | €503 | €10,874 | +€10,371 | +2063.3% |
| Transfer from deferred taxes | 780 | €1,731 | - | -€1,731 | |
| Income taxes | 67/77 | €1,422 | €2,718 | +€1,296 | +91.2% |
| Profit (loss) for the period | 9904 | €812 | €8,155 | +€7,343 | +904.3% |
| Transfer from tax-exempt reserves | 789 | €3,515 | - | -€3,515 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,327 | €8,155 | +€3,828 | +88.5% |
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.