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IMMO - HAN: 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.

What changed

IMMO - HAN

BE 0465.633.751
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€7,213
2024 · €1,679+€5,535
Equity
-€72,656
2024 · -€79,869+€7,213
Cash
€301
2024 · €201+€100
Balance sheet total
€162,014
2024 · €172,762-€10,748

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€10,848

    down €10,848 (-6.4%), from €170,630 to €159,782

Equity and liabilities
  • Profit (loss) carried forward +€7,213

    up €7,213 (+5.6%), from -€129,448 to -€122,234

  • Other debts -€6,841

    down €6,841 (-6.9%), from €98,640 to €91,799

  • Debts after one year -€6,175

    down €6,175 (-4.4%), from €141,175 to €135,000

  • Trade debts -€3,988

    down €3,988 (-76.3%), from €5,226 to €1,238

Income statement
  • Gross operating margin +€5,810

    up €5,810 (+28.5%), from €20,412 to €26,221

  • Other operating charges +€899

    up €899 (+14.3%), from €6,269 to €7,168

  • Depreciation -€393

    down €393 (-3.5%), from €11,241 to €10,848

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €1,679
Gross operating margin +€5,810
Depreciation +€393
Other operating charges -€899
Financial income +€0
Financial charges +€231
Taxes +€0
Result 2025 €7,213

Cash bridge derived

cash 2024 to 2025

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.

From operations +€7,232
Investment €0
Financing -€7,132
Cash 2024 €201
Net result for the year +€7,213
Depreciation +€10,848
Trade debts -€3,988
Other debts -€6,841
Debts after one year -€6,175
Current portion of long-term debt -€853
Short-term financial debts -€103
Cash 2025 €301
Every line side by side 34 lines
Line Code 2024 2025 Change %
Total assets 20/58 €172,762 €162,014 -€10,748 -6.2%
Fixed assets 21/28 €170,630 €159,782 -€10,848 -6.4%
Tangible fixed assets 22/27 €170,630 €159,782 -€10,848 -6.4%
Land and buildings 22 €170,630 €159,782 -€10,848 -6.4%
Current assets 29/58 €2,133 €2,233 +€100 +4.7%
Amounts receivable within one year 40/41 €1,931 €1,931 = 0.0%
Other amounts receivable 41 €1,931 €1,931 = 0.0%
Cash at bank and in hand 54/58 €201 €301 +€100 +49.8%
Total equity and liabilities 10/49 €172,762 €162,014 -€10,748 -6.2%
Equity 10/15 -€79,869 -€72,656 +€7,213 +9.0%
Contributions 10/11 €49,579 €49,579 = 0.0%
Profit (loss) carried forward 14 -€129,448 -€122,234 +€7,213 +5.6%
Amounts payable 17/49 €252,631 €234,670 -€17,961 -7.1%
Amounts payable after more than one year 17 €141,175 €135,000 -€6,175 -4.4%
Financial debts 170/4 €141,175 €135,000 -€6,175 -4.4%
Amounts payable within one year 42/48 €111,456 €99,670 -€11,786 -10.6%
Current portion of amounts payable after more than one year 42 €6,430 €5,577 -€853 -13.3%
Financial debts 43 €1,160 €1,057 -€103 -8.9%
Credit institutions 430/8 €1,160 €1,057 -€103 -8.9%
Trade debts 44 €5,226 €1,238 -€3,988 -76.3%
Suppliers 440/4 €5,226 €1,238 -€3,988 -76.3%
Other amounts payable 47/48 €98,640 €91,799 -€6,841 -6.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €11,241 €10,848 -€393 -3.5%
Other operating charges 640/8 €6,269 €7,168 +€899 +14.3%
Gross operating margin 9900 €20,412 €26,221 +€5,810 +28.5%
Operating profit (loss) 9901 €2,901 €8,205 +€5,304 +182.8%
Financial income 75/76B €0 €0 +€0 +112.5%
Recurring financial income 75 €0 €0 +€0 +112.5%
Financial charges 65/66B €1,223 €992 -€231 -18.9%
Recurring financial charges 65 €1,223 €992 -€231 -18.9%
Profit (loss) for the period before taxes 9903 €1,679 €7,213 +€5,535 +329.7%
Income taxes 67/77 €0 - -€0
Profit (loss) for the period 9904 €1,679 €7,213 +€5,535 +329.7%
Profit (loss) for the period to be appropriated 9905 €1,679 €7,213 +€5,535 +329.7%

Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.