IMMO GROUP SERVICES: 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 SERVICES
Largest movements
- Cash +€42,577
up €42,577 (+19.2%), from €221,650 to €264,227
mainly Depreciation (+€139,702) and Net result for the year (+€53,150)
- Tangible fixed assets -€32,882
down €32,882 (-3.9%), from €848,933 to €816,051
of which Furniture and vehicles: -€19,290
- Profit (loss) carried forward +€53,150
up €53,150 (+13.9%), from €383,100 to €436,250
- Debts after one year -€52,845
down €52,845 (-12.1%), from €438,423 to €385,578
of which Other amounts payable: -€100,000
- Current portion of long-term debt +€16,832
up €16,832 (+14.6%), from €114,991 to €131,823
- Gross operating margin +€72,047
up €72,047 (+33.1%), from €217,921 to €289,968
- Staff costs +€28,878
up €28,878 (+1,278%), from €2,260 to €31,138
- Taxes -€5,751
down €5,751 (-26.4%), from €21,789 to €16,038
- Depreciation +€5,608
up €5,608 (+4.2%), from €134,093 to €139,702
- Financial charges -€5,342
down €5,342 (-17.0%), from €31,337 to €25,996
of which Financial charges: -€2,912
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 | €1,096,090 | €1,115,209 | +€19,119 | +1.7% |
| Fixed assets | 21/28 | €848,933 | €816,051 | -€32,882 | -3.9% |
| Tangible fixed assets | 22/27 | €848,933 | €816,051 | -€32,882 | -3.9% |
| Land and buildings | 22 | €816,770 | €803,178 | -€13,592 | -1.7% |
| Furniture and vehicles | 24 | €32,163 | €12,873 | -€19,290 | -60.0% |
| Current assets | 29/58 | €247,157 | €299,158 | +€52,001 | +21.0% |
| Amounts receivable within one year | 40/41 | €25,507 | €34,931 | +€9,424 | +36.9% |
| Trade receivables | 40 | €25,507 | €34,931 | +€9,424 | +36.9% |
| Cash at bank and in hand | 54/58 | €221,650 | €264,227 | +€42,577 | +19.2% |
| Total equity and liabilities | 10/49 | €1,096,090 | €1,115,209 | +€19,119 | +1.7% |
| Equity | 10/15 | €488,975 | €542,125 | +€53,150 | +10.9% |
| Contributions | 10/11 | €18,750 | €20,625 | +€1,875 | +10.0% |
| Reserves | 13 | €87,125 | €85,250 | -€1,875 | -2.2% |
| Non-distributable reserves | 130/1 | €1,875 | - | -€1,875 | |
| Reserves not available under the articles | 1311 | €1,875 | - | -€1,875 | |
| Tax-exempt reserves | 132 | €85,250 | €85,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €383,100 | €436,250 | +€53,150 | +13.9% |
| Amounts payable | 17/49 | €607,115 | €573,084 | -€34,031 | -5.6% |
| Amounts payable after more than one year | 17 | €438,423 | €385,578 | -€52,845 | -12.1% |
| Financial debts | 170/4 | €213,423 | €260,578 | +€47,155 | +22.1% |
| Other amounts payable | 178/9 | €225,000 | €125,000 | -€100,000 | -44.4% |
| Amounts payable within one year | 42/48 | €168,691 | €187,506 | +€18,814 | +11.2% |
| Current portion of amounts payable after more than one year | 42 | €114,991 | €131,823 | +€16,832 | +14.6% |
| Trade debts | 44 | €13,644 | €19,346 | +€5,702 | +41.8% |
| Suppliers | 440/4 | €13,644 | €19,346 | +€5,702 | +41.8% |
| Taxes, remuneration and social security | 45 | €10,205 | €11,155 | +€950 | +9.3% |
| Taxes | 450/3 | €8,460 | €10,035 | +€1,575 | +18.6% |
| Remuneration and social security | 454/9 | €1,744 | €1,119 | -€625 | -35.8% |
| Other amounts payable | 47/48 | €29,851 | €25,182 | -€4,669 | -15.6% |
| Remuneration, social security and pensions | 62 | €2,260 | €31,138 | +€28,878 | +1,278% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €134,093 | €139,702 | +€5,608 | +4.2% |
| Other operating charges | 640/8 | €25,986 | €25,051 | -€935 | -3.6% |
| Gross operating margin | 9900 | €217,921 | €289,968 | +€72,047 | +33.1% |
| Operating profit (loss) | 9901 | €55,582 | €94,077 | +€38,496 | +69.3% |
| Financial income | 75/76B | €1,502 | €1,107 | -€395 | -26.3% |
| Recurring financial income | 75 | €1,502 | €1,107 | -€395 | -26.3% |
| Financial charges | 65/66B | €31,337 | €25,996 | -€5,342 | -17.0% |
| Recurring financial charges | 65 | €28,908 | €25,996 | -€2,912 | -10.1% |
| Non-recurring financial charges | 66B | €2,429 | - | -€2,429 | |
| Profit (loss) for the period before taxes | 9903 | €25,746 | €69,188 | +€43,442 | +169% |
| Income taxes | 67/77 | €21,789 | €16,038 | -€5,751 | -26.4% |
| Profit (loss) for the period | 9904 | €3,957 | €53,150 | +€49,193 | +1,243% |
| Profit (loss) for the period to be appropriated | 9905 | €3,957 | €53,150 | +€49,193 | +1,243% |
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 19 October 2026 via checked.be.