IMMO H: 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 H
Largest movements
- Tangible fixed assets -€153,420
down €153,420 (-4.9%), from €3.1m to €3.0m
of which Land and buildings: -€146,648
- Debts after one year -€233,394
down €233,394 (-5.7%), from €4.1m to €3.8m
of which Financial debts: -€203,394
- Short-term financial debts +€203,394
new in 2025: €203,394
- Current portion of long-term debt -€167,723
no longer reported in 2025 (was €167,723)
- Other debts +€95,944
up €95,944 (+5.4%), from €1.8m to €1.9m
- Trade debts -€67,713
down €67,713 (-57.6%), from €117,641 to €49,928
of which Suppliers: -€67,713
- Gross operating margin -€75,505
down €75,505 (-21.9%), from €344,075 to €268,571
- Other operating charges -€56,285
down €56,285 (-48.6%), from €115,925 to €59,640
- Financial charges +€24,243
up €24,243 (+89.6%), from €27,059 to €51,303
- Financial income +€4,043
new in 2025: €4,043
of which Financial income: +€4,043
- Taxes -€3,949
no longer reported in 2025 (was €3,949)
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 | €6,304,295 | €6,140,695 | -€163,599 | -2.6% |
| Fixed assets | 21/28 | €6,222,055 | €6,068,636 | -€153,420 | -2.5% |
| Tangible fixed assets | 22/27 | €3,139,555 | €2,986,136 | -€153,420 | -4.9% |
| Land and buildings | 22 | €3,102,912 | €2,956,264 | -€146,648 | -4.7% |
| Plant, machinery and equipment | 23 | €36,643 | €29,872 | -€6,771 | -18.5% |
| Financial fixed assets | 28 | €3,082,500 | €3,082,500 | = | 0.0% |
| Current assets | 29/58 | €82,239 | €72,060 | -€10,180 | -12.4% |
| Amounts receivable within one year | 40/41 | €40,076 | €36,921 | -€3,155 | -7.9% |
| Trade receivables | 40 | €34,614 | €31,614 | -€3,000 | -8.7% |
| Other amounts receivable | 41 | €5,461 | €5,306 | -€155 | -2.8% |
| Cash at bank and in hand | 54/58 | €33,023 | €28,190 | -€4,833 | -14.6% |
| Deferred charges and accrued income | 490/1 | €9,141 | €6,949 | -€2,192 | -24.0% |
| Total equity and liabilities | 10/49 | €6,304,295 | €6,140,695 | -€163,599 | -2.6% |
| Equity | 10/15 | €160,382 | €168,634 | +€8,252 | +5.1% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Capital | 10 | €30,987 | - | -€30,987 | |
| Issued capital | 100 | €30,987 | - | -€30,987 | |
| Outside capital | 11 | - | €30,987 | +€30,987 | |
| Other | 1109/19 | - | €30,987 | +€30,987 | |
| Revaluation surpluses | 12 | €155,686 | €155,686 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,291 | -€18,039 | +€8,252 | +31.4% |
| Amounts payable | 17/49 | €6,143,913 | €5,972,061 | -€171,851 | -2.8% |
| Amounts payable after more than one year | 17 | €4,074,293 | €3,840,899 | -€233,394 | -5.7% |
| Financial debts | 170/4 | €1,027,418 | €824,024 | -€203,394 | -19.8% |
| Other amounts payable | 178/9 | €3,046,875 | €3,016,875 | -€30,000 | -1.0% |
| Amounts payable within one year | 42/48 | €2,069,619 | €2,130,521 | +€60,902 | +2.9% |
| Current portion of amounts payable after more than one year | 42 | €167,723 | - | -€167,723 | |
| Financial debts | 43 | - | €203,394 | +€203,394 | |
| Credit institutions | 430/8 | - | €203,394 | +€203,394 | |
| Trade debts | 44 | €117,641 | €49,928 | -€67,713 | -57.6% |
| Suppliers | 440/4 | €115,287 | €47,574 | -€67,713 | -58.7% |
| Bills of exchange payable | 441 | €2,354 | €2,354 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €5,709 | €2,709 | -€3,000 | -52.6% |
| Taxes | 450/3 | €5,709 | €2,709 | -€3,000 | -52.6% |
| Other amounts payable | 47/48 | €1,778,546 | €1,874,490 | +€95,944 | +5.4% |
| Accrued charges and deferred income | 492/3 | - | €641 | +€641 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €153,419 | €153,420 | +€0 | 0.0% |
| Other operating charges | 640/8 | €115,925 | €59,640 | -€56,285 | -48.6% |
| Gross operating margin | 9900 | €344,075 | €268,571 | -€75,505 | -21.9% |
| Operating profit (loss) | 9901 | €74,731 | €55,511 | -€19,220 | -25.7% |
| Financial income | 75/76B | - | €4,043 | +€4,043 | |
| Recurring financial income | 75 | - | €4,043 | +€4,043 | |
| Non-recurring financial income | 76B | - | €4,043 | +€4,043 | |
| Financial charges | 65/66B | €27,059 | €51,303 | +€24,243 | +89.6% |
| Recurring financial charges | 65 | €27,059 | €51,303 | +€24,243 | +89.6% |
| Profit (loss) for the period before taxes | 9903 | €47,672 | €8,252 | -€39,420 | -82.7% |
| Income taxes | 67/77 | €3,949 | - | -€3,949 | |
| Profit (loss) for the period | 9904 | €43,723 | €8,252 | -€35,471 | -81.1% |
| Profit (loss) for the period to be appropriated | 9905 | €43,723 | €8,252 | -€35,471 | -81.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.