Immo H2o: 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 H2o
Largest movements
- Receivables after one year +€36,218
new in 2025: €36,218
- Financial fixed assets +€15,000
new in 2025: €15,000
- Receivables within one year -€8,981
down €8,981 (-37.8%), from €23,744 to €14,763
of which Trade receivables: -€9,171
- Trade debts +€32,032
up €32,032 (+1,222%), from €2,622 to €34,654
- Reserves +€10,568
up €10,568 (+58.2%), from €18,169 to €28,737
- Other operating charges -€24,965
down €24,965 (-97.9%), from €25,505 to €540
- Gross operating margin -€13,627
down €13,627 (-53.5%), from €25,487 to €11,860
- Taxes +€953
new in 2025: €953
- Financial income +€409
up €409, from €0 to €409
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 | €61,281 | €103,432 | +€42,151 | +68.8% |
| Fixed assets | 21/28 | - | €15,000 | +€15,000 | |
| Financial fixed assets | 28 | - | €15,000 | +€15,000 | |
| Current assets | 29/58 | €61,281 | €88,432 | +€27,151 | +44.3% |
| Amounts receivable after more than one year | 29 | - | €36,218 | +€36,218 | |
| Other amounts receivable | 291 | - | €36,218 | +€36,218 | |
| Amounts receivable within one year | 40/41 | €23,744 | €14,763 | -€8,981 | -37.8% |
| Trade receivables | 40 | €18,832 | €9,661 | -€9,171 | -48.7% |
| Other amounts receivable | 41 | €4,912 | €5,102 | +€190 | +3.9% |
| Cash at bank and in hand | 54/58 | €35,793 | €36,519 | +€726 | +2.0% |
| Deferred charges and accrued income | 490/1 | €1,744 | €931 | -€813 | -46.6% |
| Total equity and liabilities | 10/49 | €61,281 | €103,432 | +€42,151 | +68.8% |
| Equity | 10/15 | €43,169 | €53,737 | +€10,568 | +24.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €18,169 | €28,737 | +€10,568 | +58.2% |
| Distributable reserves | 133 | €18,169 | €28,737 | +€10,568 | +58.2% |
| Amounts payable | 17/49 | €18,112 | €49,695 | +€31,583 | +174% |
| Amounts payable within one year | 42/48 | €18,112 | €49,695 | +€31,583 | +174% |
| Trade debts | 44 | €2,622 | €34,654 | +€32,032 | +1,222% |
| Suppliers | 440/4 | €2,622 | €34,654 | +€32,032 | +1,222% |
| Taxes, remuneration and social security | 45 | €5,190 | €4,720 | -€470 | -9.0% |
| Taxes | 450/3 | €5,190 | €4,720 | -€470 | -9.0% |
| Other amounts payable | 47/48 | €10,300 | €10,321 | +€21 | +0.2% |
| Other operating charges | 640/8 | €25,505 | €540 | -€24,965 | -97.9% |
| Gross operating margin | 9900 | €25,487 | €11,860 | -€13,627 | -53.5% |
| Operating profit (loss) | 9901 | -€18 | €11,320 | +€11,338 | |
| Financial income | 75/76B | €0 | €409 | +€409 | |
| Recurring financial income | 75 | €0 | €409 | +€409 | |
| Financial charges | 65/66B | €215 | €207 | -€8 | -3.5% |
| Recurring financial charges | 65 | €215 | €207 | -€8 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | -€233 | €11,521 | +€11,754 | |
| Income taxes | 67/77 | - | €953 | +€953 | |
| Profit (loss) for the period | 9904 | -€233 | €10,568 | +€10,801 | |
| Profit (loss) for the period to be appropriated | 9905 | -€233 | €10,568 | +€10,801 |
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 15 October 2026 via checked.be.