Immo Game: 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 Game
Largest movements
- Tangible fixed assets -€33,050
down €33,050 (-2.7%), from €1.2m to €1.2m
- Debts after one year -€39,906
down €39,906 (-3.8%), from €1.0m to €1.0m
- Turnover -€38,960
no longer reported in 2025 (was €38,960)
- Gross operating margin +€38,377
up €38,377 (+106.2%), from €36,122 to €74,499
- Financial charges +€16,578
up €16,578 (+71.9%), from €23,049 to €39,627
- Other operating charges +€4,853
up €4,853 (+120.8%), from €4,017 to €8,870
- Purchases and services -€2,838
no longer reported in 2025 (was €2,838)
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 | €1,225,249 | €1,189,154 | -€36,095 | -2.9% |
| Fixed assets | 21/28 | €1,217,002 | €1,183,952 | -€33,050 | -2.7% |
| Tangible fixed assets | 22/27 | €1,217,002 | €1,183,952 | -€33,050 | -2.7% |
| Land and buildings | 22 | €1,217,002 | €1,183,952 | -€33,050 | -2.7% |
| Current assets | 29/58 | €8,247 | €5,202 | -€3,045 | -36.9% |
| Amounts receivable within one year | 40/41 | €1,320 | €1,320 | = | 0.0% |
| Other amounts receivable | 41 | €1,320 | €1,320 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,927 | €3,882 | -€3,045 | -44.0% |
| Total equity and liabilities | 10/49 | €1,225,249 | €1,189,154 | -€36,095 | -2.9% |
| Equity | 10/15 | -€20,850 | -€27,898 | -€7,048 | -33.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,850 | -€32,898 | -€7,048 | -27.3% |
| Amounts payable | 17/49 | €1,246,099 | €1,217,052 | -€29,047 | -2.3% |
| Amounts payable after more than one year | 17 | €1,046,034 | €1,006,128 | -€39,906 | -3.8% |
| Financial debts | 170/4 | €1,046,034 | €1,006,128 | -€39,906 | -3.8% |
| Amounts payable within one year | 42/48 | €200,065 | €210,924 | +€10,859 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €38,459 | €39,906 | +€1,447 | +3.8% |
| Other amounts payable | 47/48 | €161,606 | €171,018 | +€9,412 | +5.8% |
| Turnover | 70 | €38,960 | - | -€38,960 | |
| Goods, raw materials, services and sundry goods | 60/61 | €2,838 | - | -€2,838 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,906 | €33,050 | -€1,856 | -5.3% |
| Other operating charges | 640/8 | €4,017 | €8,870 | +€4,853 | +120.8% |
| Gross operating margin | 9900 | €36,122 | €74,499 | +€38,377 | +106.2% |
| Operating profit (loss) | 9901 | -€2,801 | €32,579 | +€35,380 | |
| Financial charges | 65/66B | €23,049 | €39,627 | +€16,578 | +71.9% |
| Recurring financial charges | 65 | €23,049 | €39,627 | +€16,578 | +71.9% |
| Profit (loss) for the period before taxes | 9903 | -€25,850 | -€7,048 | +€18,802 | +72.7% |
| Profit (loss) for the period | 9904 | -€25,850 | -€7,048 | +€18,802 | +72.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,850 | -€7,048 | +€18,802 | +72.7% |
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 7 October 2026 via checked.be.