Immo Group Belgium: 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 Group Belgium
Largest movements
- Tangible fixed assets -€35,196
down €35,196 (-3.6%), from €974,071 to €938,875
- Cash +€34,396
up €34,396 (+58.0%), from €59,275 to €93,671
mainly Depreciation (+€35,196) and Net result for the year (+€31,464)
- Current portion of long-term debt -€35,337
no longer reported in 2025 (was €35,337)
- Profit (loss) carried forward +€31,464
up €31,464 (+18.8%), from €167,723 to €199,187
No income-statement line moved by more than 1% of the activity.
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 | €1,035,428 | €1,034,628 | -€800 | -0.1% |
| Fixed assets | 21/28 | €974,071 | €938,875 | -€35,196 | -3.6% |
| Tangible fixed assets | 22/27 | €974,071 | €938,875 | -€35,196 | -3.6% |
| Land and buildings | 22 | €974,071 | €938,875 | -€35,196 | -3.6% |
| Current assets | 29/58 | €61,357 | €95,753 | +€34,396 | +56.1% |
| Amounts receivable within one year | 40/41 | €2,082 | €2,082 | = | 0.0% |
| Other amounts receivable | 41 | €2,082 | €2,082 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €59,275 | €93,671 | +€34,396 | +58.0% |
| Total equity and liabilities | 10/49 | €1,035,428 | €1,034,628 | -€800 | -0.1% |
| Equity | 10/15 | €656,891 | €688,355 | +€31,464 | +4.8% |
| Contributions | 10/11 | €486,250 | €486,250 | = | 0.0% |
| Reserves | 13 | €2,918 | €2,918 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,918 | €2,918 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,918 | €2,918 | = | 0.0% |
| Profit (loss) carried forward | 14 | €167,723 | €199,187 | +€31,464 | +18.8% |
| Amounts payable | 17/49 | €378,537 | €346,273 | -€32,264 | -8.5% |
| Amounts payable after more than one year | 17 | €330,000 | €330,000 | = | 0.0% |
| Financial debts | 170/4 | €330,000 | €330,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €48,537 | €16,273 | -€32,264 | -66.5% |
| Current portion of amounts payable after more than one year | 42 | €35,337 | - | -€35,337 | |
| Trade debts | 44 | - | €85 | +€85 | |
| Suppliers | 440/4 | - | €85 | +€85 | |
| Taxes, remuneration and social security | 45 | - | €2,988 | +€2,988 | |
| Taxes | 450/3 | - | €2,988 | +€2,988 | |
| Other amounts payable | 47/48 | €13,200 | €13,200 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,196 | €35,196 | = | 0.0% |
| Other operating charges | 640/8 | €12,054 | €12,512 | +€458 | +3.8% |
| Gross operating margin | 9900 | €102,840 | €103,172 | +€332 | +0.3% |
| Operating profit (loss) | 9901 | €55,590 | €55,464 | -€126 | -0.2% |
| Financial charges | 65/66B | €14,396 | €13,512 | -€885 | -6.1% |
| Recurring financial charges | 65 | €14,396 | €13,512 | -€885 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €41,193 | €41,952 | +€758 | +1.8% |
| Income taxes | 67/77 | €10,418 | €10,488 | +€70 | +0.7% |
| Profit (loss) for the period | 9904 | €30,775 | €31,464 | +€688 | +2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €30,775 | €31,464 | +€688 | +2.2% |
Source: filed annual accounts (NBB), financial 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 October 2026 via checked.be.