Immo Garage: 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 Garage
Largest movements
- Tangible fixed assets +€230,335
up €230,335 (+49.4%), from €466,665 to €697,001
of which Land and buildings: +€233,545
- Debts after one year +€297,845
up €297,845 (+112.2%), from €265,491 to €563,337
of which Financial debts: +€241,814
- Profit (loss) carried forward -€41,957
down €41,957 (-102.2%), from -€41,040 to -€82,997
- Other debts -€30,000
down €30,000 (-100.0%), from €30,000 to €0
- Depreciation +€24,836
up €24,836 (+121.8%), from €20,393 to €45,229
- Financial charges -€17,358
down €17,358, from €17,269 to -€89
- Gross operating margin +€14,009
up €14,009, from -€173 to €13,836
- Other operating charges +€7,448
up €7,448 (+232.4%), from €3,205 to €10,653
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 | €470,503 | €702,836 | +€232,333 | +49.4% |
| Fixed assets | 21/28 | €466,665 | €697,001 | +€230,335 | +49.4% |
| Tangible fixed assets | 22/27 | €466,665 | €697,001 | +€230,335 | +49.4% |
| Land and buildings | 22 | €454,854 | €688,399 | +€233,545 | +51.3% |
| Plant, machinery and equipment | 23 | €11,812 | €8,602 | -€3,210 | -27.2% |
| Current assets | 29/58 | €3,838 | €5,836 | +€1,998 | +52.1% |
| Amounts receivable within one year | 40/41 | €1,296 | €1,223 | -€72 | -5.6% |
| Trade receivables | 40 | €1,296 | €1,223 | -€72 | -5.6% |
| Cash at bank and in hand | 54/58 | €1,258 | €1,526 | +€268 | +21.3% |
| Deferred charges and accrued income | 490/1 | €1,284 | €3,086 | +€1,802 | +140.4% |
| Total equity and liabilities | 10/49 | €470,503 | €702,836 | +€232,333 | +49.4% |
| Equity | 10/15 | €158,960 | €117,003 | -€41,957 | -26.4% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,040 | -€82,997 | -€41,957 | -102.2% |
| Amounts payable | 17/49 | €311,543 | €585,833 | +€274,290 | +88.0% |
| Amounts payable after more than one year | 17 | €265,491 | €563,337 | +€297,845 | +112.2% |
| Financial debts | 170/4 | €265,491 | €507,306 | +€241,814 | +91.1% |
| Other amounts payable | 178/9 | - | €56,031 | +€56,031 | |
| Amounts payable within one year | 42/48 | €46,052 | €21,088 | -€24,964 | -54.2% |
| Current portion of amounts payable after more than one year | 42 | €16,052 | €19,246 | +€3,195 | +19.9% |
| Trade debts | 44 | - | €1,841 | +€1,841 | |
| Suppliers | 440/4 | - | €1,841 | +€1,841 | |
| Other amounts payable | 47/48 | €30,000 | €0 | -€30,000 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €1,409 | +€1,409 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,393 | €45,229 | +€24,836 | +121.8% |
| Other operating charges | 640/8 | €3,205 | €10,653 | +€7,448 | +232.4% |
| Gross operating margin | 9900 | -€173 | €13,836 | +€14,009 | |
| Operating profit (loss) | 9901 | -€23,771 | -€42,046 | -€18,275 | -76.9% |
| Financial charges | 65/66B | €17,269 | -€89 | -€17,358 | |
| Recurring financial charges | 65 | €17,269 | -€89 | -€17,358 | |
| Profit (loss) for the period before taxes | 9903 | -€41,040 | -€41,957 | -€917 | -2.2% |
| Profit (loss) for the period | 9904 | -€41,040 | -€41,957 | -€917 | -2.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,040 | -€41,957 | -€917 | -2.2% |
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 30 September 2026 via checked.be.