IMMO - FRANCES: 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 - FRANCES
Largest movements
- Cash -€2,698
down €2,698 (-9.8%), from €27,607 to €24,909
mainly Net result for the year (-€3,878) and Accrued charges and deferred income (-€131)
- Profit (loss) carried forward -€3,878
down €3,878 (-2.0%), from -€197,928 to -€201,805
- Trade debts +€1,313
up €1,313 (+590.3%), from €222 to €1,535
- Taxes -€30,585
no longer reported in 2025 (was €30,585)
- Financial charges -€483
down €483 (-88.0%), from €549 to €66
- Gross operating margin -€255
down €255 (-10.3%), from -€2,466 to -€2,721
- Other operating charges +€99
up €99 (+10.0%), from €992 to €1,090
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 | €30,085 | €27,388 | -€2,696 | -9.0% |
| Fixed assets | 21/28 | €1,023 | €1,023 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,023 | €1,023 | = | 0.0% |
| Land and buildings | 22 | €1,023 | €1,023 | = | 0.0% |
| Current assets | 29/58 | €29,062 | €26,366 | -€2,696 | -9.3% |
| Amounts receivable within one year | 40/41 | €1,233 | €1,233 | = | 0.0% |
| Other amounts receivable | 41 | €1,233 | €1,233 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €27,607 | €24,909 | -€2,698 | -9.8% |
| Deferred charges and accrued income | 490/1 | €222 | €224 | +€2 | +0.7% |
| Total equity and liabilities | 10/49 | €30,085 | €27,388 | -€2,696 | -9.0% |
| Equity | 10/15 | -€921 | -€4,799 | -€3,878 | -421.0% |
| Contributions | 10/11 | €64,452 | €64,452 | = | 0.0% |
| Capital | 10 | €64,452 | €64,452 | = | 0.0% |
| Issued capital | 100 | €64,452 | €64,452 | = | 0.0% |
| Reserves | 13 | €132,554 | €132,554 | = | 0.0% |
| Non-distributable reserves | 130/1 | €875 | €875 | = | 0.0% |
| Legal reserve | 130 | €875 | €875 | = | 0.0% |
| Distributable reserves | 133 | €131,679 | €131,679 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€197,928 | -€201,805 | -€3,878 | -2.0% |
| Amounts payable | 17/49 | €31,006 | €32,187 | +€1,181 | +3.8% |
| Amounts payable within one year | 42/48 | €30,808 | €32,120 | +€1,313 | +4.3% |
| Trade debts | 44 | €222 | €1,535 | +€1,313 | +590.3% |
| Suppliers | 440/4 | €222 | €1,535 | +€1,313 | +590.3% |
| Taxes, remuneration and social security | 45 | €30,585 | €30,585 | = | 0.0% |
| Taxes | 450/3 | €30,585 | €30,585 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €198 | €67 | -€131 | -66.2% |
| Other operating charges | 640/8 | €992 | €1,090 | +€99 | +10.0% |
| Gross operating margin | 9900 | -€2,466 | -€2,721 | -€255 | -10.3% |
| Operating profit (loss) | 9901 | -€3,458 | -€3,812 | -€354 | -10.2% |
| Financial charges | 65/66B | €549 | €66 | -€483 | -88.0% |
| Recurring financial charges | 65 | €549 | €66 | -€483 | -88.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,007 | -€3,878 | +€129 | +3.2% |
| Income taxes | 67/77 | €30,585 | - | -€30,585 | |
| Profit (loss) for the period | 9904 | -€34,592 | -€3,878 | +€30,714 | +88.8% |
| Transfer from tax-exempt reserves | 789 | €128,501 | - | -€128,501 | |
| Profit (loss) for the period to be appropriated | 9905 | €93,909 | -€3,878 | -€97,787 |
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 5 October 2026 via checked.be.