IMMO-HASSE: 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-HASSE
Largest movements
- Receivables within one year +€20,269
up €20,269 (+276%), from €7,331 to €27,600
of which Trade receivables: +€21,557
- Tangible fixed assets +€5,612
up €5,612 (+4.7%), from €118,836 to €124,449
- Profit (loss) carried forward +€18,385
up €18,385 (+15.9%), from -€115,771 to -€97,386
- Accrued charges and deferred income +€5,417
new in 2025: €5,417
- Trade debts +€5,230
new in 2025: €5,230
- Gross operating margin +€20,539
up €20,539 (+160%), from €12,836 to €33,375
- Other operating charges +€8,142
up €8,142 (+131%), from €6,212 to €14,354
- Financial income +€971
up €971 (+105%), from €929 to €1,901
- Taxes -€574
down €574, from €299 to -€275
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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €364,089 | €390,584 | +€26,495 | +7.3% |
| Fixed assets | 21/28 | €118,985 | €124,597 | +€5,612 | +4.7% |
| Tangible fixed assets | 22/27 | €118,836 | €124,449 | +€5,612 | +4.7% |
| Land and buildings | 22 | €118,836 | €124,449 | +€5,612 | +4.7% |
| Financial fixed assets | 28 | €149 | €149 | = | 0.0% |
| Current assets | 29/58 | €245,104 | €265,987 | +€20,882 | +8.5% |
| Amounts receivable within one year | 40/41 | €7,331 | €27,600 | +€20,269 | +276% |
| Trade receivables | 40 | €1,554 | €23,110 | +€21,557 | +1,387% |
| Other amounts receivable | 41 | €5,777 | €4,490 | -€1,287 | -22.3% |
| Cash at bank and in hand | 54/58 | €237,773 | €238,386 | +€613 | +0.3% |
| Total equity and liabilities | 10/49 | €364,089 | €390,584 | +€26,495 | +7.3% |
| Equity | 10/15 | -€23,995 | -€5,610 | +€18,385 | +76.6% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €11,776 | €11,776 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,776 | - | -€11,776 | |
| Reserves not available under the articles | 1311 | €11,776 | - | -€11,776 | |
| Distributable reserves | 133 | - | €11,776 | +€11,776 | |
| Profit (loss) carried forward | 14 | -€115,771 | -€97,386 | +€18,385 | +15.9% |
| Amounts payable | 17/49 | €388,085 | €396,194 | +€8,110 | +2.1% |
| Amounts payable within one year | 42/48 | €388,085 | €390,778 | +€2,693 | +0.7% |
| Trade debts | 44 | - | €5,230 | +€5,230 | |
| Suppliers | 440/4 | - | €5,230 | +€5,230 | |
| Taxes, remuneration and social security | 45 | - | €751 | +€751 | |
| Taxes | 450/3 | - | €751 | +€751 | |
| Other amounts payable | 47/48 | €388,085 | €384,797 | -€3,288 | -0.8% |
| Accrued charges and deferred income | 492/3 | - | €5,417 | +€5,417 | |
| Non-recurring operating income | 76A | €1,068 | - | -€1,068 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,924 | €2,656 | -€267 | -9.1% |
| Other operating charges | 640/8 | €6,212 | €14,354 | +€8,142 | +131% |
| Gross operating margin | 9900 | €12,836 | €33,375 | +€20,539 | +160% |
| Operating profit (loss) | 9901 | €3,701 | €16,364 | +€12,664 | +342% |
| Financial income | 75/76B | €929 | €1,901 | +€971 | +105% |
| Recurring financial income | 75 | €929 | €1,901 | +€971 | +105% |
| Financial charges | 65/66B | €107 | €155 | +€48 | +45.0% |
| Recurring financial charges | 65 | €107 | €155 | +€48 | +45.0% |
| Profit (loss) for the period before taxes | 9903 | €4,523 | €18,110 | +€13,587 | +300% |
| Income taxes | 67/77 | €299 | -€275 | -€574 | |
| Profit (loss) for the period | 9904 | €4,224 | €18,385 | +€14,161 | +335% |
| Profit (loss) for the period to be appropriated | 9905 | €4,224 | €18,385 | +€14,161 | +335% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.