IMMO GLOBAL: 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 GLOBAL
Largest movements
- Cash +€90,078
up €90,078 (+204.3%), from €44,093 to €134,171
mainly Net result for the year (+€94,430) and Depreciation (+€33,661)
- Tangible fixed assets -€33,661
down €33,661 (-8.8%), from €383,816 to €350,155
of which Land and buildings: -€29,576
- Receivables within one year -€24,522
down €24,522 (-73.5%), from €33,361 to €8,839
of which Other amounts receivable: -€18,302
- Profit (loss) carried forward +€94,430
up €94,430 (+35.0%), from €269,662 to €364,092
- Trade debts -€66,287
down €66,287 (-93.8%), from €70,688 to €4,401
- Gross operating margin -€774,633
down €774,633 (-80.0%), from €967,813 to €193,180
- Taxes -€193,875
down €193,875 (-86.0%), from €225,488 to €31,613
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 | €468,433 | €500,334 | +€31,902 | +6.8% |
| Fixed assets | 21/28 | €384,316 | €350,655 | -€33,661 | -8.8% |
| Tangible fixed assets | 22/27 | €383,816 | €350,155 | -€33,661 | -8.8% |
| Land and buildings | 22 | €353,601 | €324,025 | -€29,576 | -8.4% |
| Plant, machinery and equipment | 23 | €30,215 | €26,130 | -€4,085 | -13.5% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €84,116 | €149,679 | +€65,562 | +77.9% |
| Amounts receivable after more than one year | 29 | €5,700 | €5,700 | = | 0.0% |
| Other amounts receivable | 291 | €5,700 | €5,700 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €33,361 | €8,839 | -€24,522 | -73.5% |
| Trade receivables | 40 | €15,059 | €8,839 | -€6,220 | -41.3% |
| Other amounts receivable | 41 | €18,302 | - | -€18,302 | |
| Cash at bank and in hand | 54/58 | €44,093 | €134,171 | +€90,078 | +204.3% |
| Deferred charges and accrued income | 490/1 | €962 | €968 | +€6 | +0.7% |
| Total equity and liabilities | 10/49 | €468,433 | €500,334 | +€31,902 | +6.8% |
| Equity | 10/15 | €397,745 | €492,175 | +€94,430 | +23.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €66,583 | €66,583 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,342 | €4,342 | = | 0.0% |
| Legal reserve | 130 | €4,342 | €4,342 | = | 0.0% |
| Distributable reserves | 133 | €62,241 | €62,241 | = | 0.0% |
| Profit (loss) carried forward | 14 | €269,662 | €364,092 | +€94,430 | +35.0% |
| Amounts payable | 17/49 | €70,688 | €8,160 | -€62,528 | -88.5% |
| Amounts payable within one year | 42/48 | €70,688 | €8,160 | -€62,528 | -88.5% |
| Trade debts | 44 | €70,688 | €4,401 | -€66,287 | -93.8% |
| Suppliers | 440/4 | €70,688 | €4,401 | -€66,287 | -93.8% |
| Taxes, remuneration and social security | 45 | - | €3,758 | +€3,758 | |
| Taxes | 450/3 | - | €3,758 | +€3,758 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,661 | €33,661 | = | 0.0% |
| Other operating charges | 640/8 | €32,052 | €33,297 | +€1,245 | +3.9% |
| Gross operating margin | 9900 | €967,813 | €193,180 | -€774,633 | -80.0% |
| Operating profit (loss) | 9901 | €902,100 | €126,222 | -€775,878 | -86.0% |
| Financial charges | 65/66B | €150 | €180 | +€30 | +20.0% |
| Recurring financial charges | 65 | €150 | €180 | +€30 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | €901,950 | €126,042 | -€775,908 | -86.0% |
| Income taxes | 67/77 | €225,488 | €31,613 | -€193,875 | -86.0% |
| Profit (loss) for the period | 9904 | €676,463 | €94,430 | -€582,033 | -86.0% |
| Profit (loss) for the period to be appropriated | 9905 | €676,463 | €94,430 | -€582,033 | -86.0% |
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 3 October 2026 via checked.be.