IMMO _ FRAN: 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 _ FRAN
Largest movements
- Tangible fixed assets -€25,806
down €25,806 (-8.8%), from €294,192 to €268,386
- Receivables within one year -€9,935
no longer reported in 2025 (was €9,935)
- Current portion of long-term debt -€30,446
down €30,446 (-73.0%), from €41,709 to €11,263
- Debts after one year -€27,759
no longer reported in 2025 (was €27,759)
- Other debts +€12,625
new in 2025: €12,625
- Profit (loss) carried forward +€4,000
up €4,000 (+103%), from €3,901 to €7,901
- Reserves +€3,901
up €3,901 (+13.7%), from €28,469 to €32,370
of which Distributable reserves: +€3,901
- Gross operating margin +€5,136
up €5,136 (+13.7%), from €37,363 to €42,499
- Taxes +€1,311
up €1,311 (+338%), from €387 to €1,698
- Financial charges -€745
down €745 (-41.2%), from €1,808 to €1,064
- Other operating charges +€570
up €570 (+10.4%), from €5,461 to €6,031
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 | €309,338 | €270,942 | -€38,397 | -12.4% |
| Fixed assets | 21/28 | €294,192 | €268,386 | -€25,806 | -8.8% |
| Tangible fixed assets | 22/27 | €294,192 | €268,386 | -€25,806 | -8.8% |
| Land and buildings | 22 | €294,192 | €268,386 | -€25,806 | -8.8% |
| Current assets | 29/58 | €15,146 | €2,556 | -€12,591 | -83.1% |
| Amounts receivable within one year | 40/41 | €9,935 | - | -€9,935 | |
| Other amounts receivable | 41 | €9,935 | - | -€9,935 | |
| Cash at bank and in hand | 54/58 | €5,212 | €2,556 | -€2,656 | -51.0% |
| Total equity and liabilities | 10/49 | €309,338 | €270,942 | -€38,397 | -12.4% |
| Equity | 10/15 | €237,370 | €245,271 | +€7,901 | +3.3% |
| Contributions | 10/11 | €205,000 | €205,000 | = | 0.0% |
| Capital | 10 | - | €205,000 | +€205,000 | |
| Issued capital | 100 | - | €205,000 | +€205,000 | |
| Reserves | 13 | €28,469 | €32,370 | +€3,901 | +13.7% |
| Non-distributable reserves | 130/1 | €22,447 | €22,447 | = | 0.0% |
| Reserves not available under the articles | 1311 | €22,447 | €22,447 | = | 0.0% |
| Distributable reserves | 133 | €6,023 | €9,924 | +€3,901 | +64.8% |
| Profit (loss) carried forward | 14 | €3,901 | €7,901 | +€4,000 | +103% |
| Amounts payable | 17/49 | €71,968 | €25,670 | -€46,298 | -64.3% |
| Amounts payable after more than one year | 17 | €27,759 | - | -€27,759 | |
| Financial debts | 170/4 | €27,759 | - | -€27,759 | |
| Amounts payable within one year | 42/48 | €44,209 | €25,670 | -€18,538 | -41.9% |
| Current portion of amounts payable after more than one year | 42 | €41,709 | €11,263 | -€30,446 | -73.0% |
| Trade debts | 44 | - | €1,782 | +€1,782 | |
| Suppliers | 440/4 | - | €1,782 | +€1,782 | |
| Taxes, remuneration and social security | 45 | €2,500 | - | -€2,500 | |
| Remuneration and social security | 454/9 | €2,500 | - | -€2,500 | |
| Other amounts payable | 47/48 | - | €12,625 | +€12,625 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,806 | €25,806 | = | 0.0% |
| Other operating charges | 640/8 | €5,461 | €6,031 | +€570 | +10.4% |
| Gross operating margin | 9900 | €37,363 | €42,499 | +€5,136 | +13.7% |
| Operating profit (loss) | 9901 | €6,096 | €10,663 | +€4,566 | +74.9% |
| Financial charges | 65/66B | €1,808 | €1,064 | -€745 | -41.2% |
| Recurring financial charges | 65 | €1,808 | €1,064 | -€745 | -41.2% |
| Profit (loss) for the period before taxes | 9903 | €4,288 | €9,599 | +€5,311 | +124% |
| Income taxes | 67/77 | €387 | €1,698 | +€1,311 | +338% |
| Profit (loss) for the period | 9904 | €3,901 | €7,901 | +€4,000 | +103% |
| Profit (loss) for the period to be appropriated | 9905 | €3,901 | €7,901 | +€4,000 | +103% |
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 17 October 2026 via checked.be.