IMMO-HAVA-I: 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-HAVA-I
Largest movements
- Tangible fixed assets -€41,572
down €41,572 (-6.4%), from €654,508 to €612,936
of which Land and buildings: -€41,049
- Debts after one year -€24,830
down €24,830 (-8.7%), from €286,549 to €261,719
- Profit (loss) carried forward -€22,549
down €22,549 (-35.2%), from -€64,063 to -€86,612
- Turnover +€2,447
up €2,447 (+5.0%), from €49,420 to €51,867
- Purchases and services +€2,220
up €2,220 (+14.0%), from €15,831 to €18,051
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 | €677,456 | €639,177 | -€38,279 | -5.7% |
| Fixed assets | 21/28 | €654,508 | €616,041 | -€38,467 | -5.9% |
| Tangible fixed assets | 22/27 | €654,508 | €612,936 | -€41,572 | -6.4% |
| Land and buildings | 22 | €652,416 | €611,367 | -€41,049 | -6.3% |
| Furniture and vehicles | 24 | €2,092 | €1,569 | -€523 | -25.0% |
| Financial fixed assets | 28 | - | €3,105 | +€3,105 | |
| Current assets | 29/58 | €22,948 | €23,136 | +€188 | +0.8% |
| Amounts receivable within one year | 40/41 | €19,320 | €19,320 | = | 0.0% |
| Trade receivables | 40 | €1,320 | €1,320 | = | 0.0% |
| Other amounts receivable | 41 | €18,000 | €18,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,628 | €3,816 | +€188 | +5.2% |
| Total equity and liabilities | 10/49 | €677,456 | €639,177 | -€38,279 | -5.7% |
| Equity | 10/15 | €36,794 | €14,245 | -€22,549 | -61.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €94,657 | €94,657 | = | 0.0% |
| Distributable reserves | 133 | €94,657 | €94,657 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,063 | -€86,612 | -€22,549 | -35.2% |
| Amounts payable | 17/49 | €640,662 | €624,932 | -€15,730 | -2.5% |
| Amounts payable after more than one year | 17 | €286,549 | €261,719 | -€24,830 | -8.7% |
| Financial debts | 170/4 | €286,549 | €261,719 | -€24,830 | -8.7% |
| Amounts payable within one year | 42/48 | €353,178 | €361,353 | +€8,175 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €26,897 | €27,385 | +€488 | +1.8% |
| Trade debts | 44 | €329 | €6,245 | +€5,916 | +1,798% |
| Suppliers | 440/4 | €329 | €6,245 | +€5,916 | +1,798% |
| Taxes, remuneration and social security | 45 | €544 | €544 | = | 0.0% |
| Taxes | 450/3 | €544 | €544 | = | 0.0% |
| Other amounts payable | 47/48 | €325,408 | €327,179 | +€1,771 | +0.5% |
| Accrued charges and deferred income | 492/3 | €935 | €1,860 | +€925 | +98.9% |
| Turnover | 70 | €49,420 | €51,867 | +€2,447 | +5.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €15,831 | €18,051 | +€2,220 | +14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,571 | €41,571 | = | 0.0% |
| Other operating charges | 640/8 | €7,904 | €8,356 | +€452 | +5.7% |
| Gross operating margin | 9900 | €33,589 | €33,816 | +€227 | +0.7% |
| Operating profit (loss) | 9901 | -€15,886 | -€16,111 | -€225 | -1.4% |
| Financial charges | 65/66B | €6,945 | €6,438 | -€507 | -7.3% |
| Recurring financial charges | 65 | €6,945 | €6,438 | -€507 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | -€22,831 | -€22,549 | +€282 | +1.2% |
| Profit (loss) for the period | 9904 | -€22,831 | -€22,549 | +€282 | +1.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,831 | -€22,549 | +€282 | +1.2% |
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 27 October 2026 via checked.be.