IMMO GROEN: 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 GROEN
Largest movements
- Tangible fixed assets +€220,822
up €220,822 (+77.0%), from €286,718 to €507,541
of which Land and buildings: +€220,822
- Cash -€36,589
down €36,589 (-99.5%), from €36,789 to €200
mainly Investment in fixed assets (net) (-€251,949) and Net result for the year (-€31,950)
- Short-term financial debts +€114,645
new in 2025: €114,645
- Debts after one year +€91,060
new in 2025: €91,060
- Profit (loss) carried forward -€31,950
down €31,950 (-86.5%), from €36,919 to €4,969
- Other debts +€7,444
up €7,444 (+10.3%), from €72,063 to €79,507
- Gross operating margin -€166,874
down €166,874 (-91.8%), from €181,779 to €14,904
- Depreciation +€31,127
new in 2025: €31,127
- Financial charges -€2,672
down €2,672 (-16.5%), from €16,192 to €13,520
of which Non-recurring financial charges: -€9,017
- Taxes -€2,553
no longer reported in 2025 (was €2,553)
- Financial income +€1,925
new in 2025: €1,925
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 | €371,207 | €555,441 | +€184,233 | +49.6% |
| Fixed assets | 21/28 | €296,918 | €517,741 | +€220,822 | +74.4% |
| Tangible fixed assets | 22/27 | €286,718 | €507,541 | +€220,822 | +77.0% |
| Land and buildings | 22 | - | €220,822 | +€220,822 | |
| Other tangible fixed assets | 26 | €286,718 | €286,718 | = | 0.0% |
| Financial fixed assets | 28 | €10,200 | €10,200 | = | 0.0% |
| Current assets | 29/58 | €74,289 | €37,700 | -€36,589 | -49.3% |
| Amounts receivable within one year | 40/41 | €37,500 | €37,500 | = | 0.0% |
| Trade receivables | 40 | €37,500 | €37,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €36,789 | €200 | -€36,589 | -99.5% |
| Total equity and liabilities | 10/49 | €371,207 | €555,441 | +€184,233 | +49.6% |
| Equity | 10/15 | €238,687 | €206,737 | -€31,950 | -13.4% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €126,769 | €126,769 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €113,189 | €113,189 | = | 0.0% |
| Distributable reserves | 133 | €6,079 | €6,079 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,919 | €4,969 | -€31,950 | -86.5% |
| Provisions and deferred taxes | 16 | €37,730 | €37,730 | = | 0.0% |
| Deferred taxes | 168 | €37,730 | €37,730 | = | 0.0% |
| Amounts payable | 17/49 | €94,790 | €310,973 | +€216,183 | +228% |
| Amounts payable after more than one year | 17 | - | €91,060 | +€91,060 | |
| Financial debts | 170/4 | - | €91,060 | +€91,060 | |
| Amounts payable within one year | 42/48 | €94,790 | €219,913 | +€125,123 | +132% |
| Current portion of amounts payable after more than one year | 42 | - | €5,181 | +€5,181 | |
| Financial debts | 43 | - | €114,645 | +€114,645 | |
| Credit institutions | 430/8 | - | €114,645 | +€114,645 | |
| Trade debts | 44 | €17,067 | €14,919 | -€2,148 | -12.6% |
| Suppliers | 440/4 | €17,067 | €14,919 | -€2,148 | -12.6% |
| Taxes, remuneration and social security | 45 | €5,660 | €5,660 | = | 0.0% |
| Taxes | 450/3 | €5,660 | €5,660 | = | 0.0% |
| Other amounts payable | 47/48 | €72,063 | €79,507 | +€7,444 | +10.3% |
| Non-recurring operating income | 76A | €159,956 | - | -€159,956 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €31,127 | +€31,127 | |
| Other operating charges | 640/8 | €2,499 | €4,132 | +€1,633 | +65.4% |
| Gross operating margin | 9900 | €181,779 | €14,904 | -€166,874 | -91.8% |
| Operating profit (loss) | 9901 | €179,280 | -€20,355 | -€199,635 | |
| Financial income | 75/76B | - | €1,925 | +€1,925 | |
| Recurring financial income | 75 | - | €1,925 | +€1,925 | |
| Financial charges | 65/66B | €16,192 | €13,520 | -€2,672 | -16.5% |
| Recurring financial charges | 65 | €7,175 | €13,520 | +€6,346 | +88.4% |
| Non-recurring financial charges | 66B | €9,017 | - | -€9,017 | |
| Profit (loss) for the period before taxes | 9903 | €163,088 | -€31,950 | -€195,038 | |
| Transfer to deferred taxes | 680 | €37,730 | - | -€37,730 | |
| Income taxes | 67/77 | €2,553 | - | -€2,553 | |
| Profit (loss) for the period | 9904 | €122,805 | -€31,950 | -€154,755 | |
| Transfer to tax-exempt reserves | 689 | €113,189 | - | -€113,189 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,616 | -€31,950 | -€41,566 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.