IMMO-HB: 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-HB
Largest movements
- Tangible fixed assets -€39,691
down €39,691 (-6.0%), from €663,606 to €623,916
- Receivables within one year +€7,428
up €7,428 (+128.8%), from €5,765 to €13,193
- Debts after one year -€41,987
down €41,987 (-6.6%), from €633,848 to €591,861
- Revaluation surpluses -€8,883
down €8,883 (-3.9%), from €227,727 to €218,844
- Reserves +€8,883
up €8,883 (+4.2%), from €210,700 to €219,583
- Gross operating margin +€7,436
up €7,436 (+12.1%), from €61,671 to €69,106
- Financial charges -€1,460
down €1,460 (-7.9%), from €18,505 to €17,045
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 | €683,394 | €647,883 | -€35,511 | -5.2% |
| Fixed assets | 21/28 | €668,133 | €628,442 | -€39,691 | -5.9% |
| Tangible fixed assets | 22/27 | €663,606 | €623,916 | -€39,691 | -6.0% |
| Land and buildings | 22 | €663,606 | €623,916 | -€39,691 | -6.0% |
| Financial fixed assets | 28 | €4,526 | €4,526 | = | 0.0% |
| Current assets | 29/58 | €15,261 | €19,441 | +€4,180 | +27.4% |
| Amounts receivable within one year | 40/41 | €5,765 | €13,193 | +€7,428 | +128.8% |
| Other amounts receivable | 41 | €5,765 | €13,193 | +€7,428 | +128.8% |
| Cash at bank and in hand | 54/58 | €8,490 | €5,194 | -€3,296 | -38.8% |
| Deferred charges and accrued income | 490/1 | €1,007 | €1,054 | +€47 | +4.7% |
| Total equity and liabilities | 10/49 | €683,394 | €647,883 | -€35,511 | -5.2% |
| Equity | 10/15 | €16,429 | €21,492 | +€5,063 | +30.8% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Revaluation surpluses | 12 | €227,727 | €218,844 | -€8,883 | -3.9% |
| Reserves | 13 | €210,700 | €219,583 | +€8,883 | +4.2% |
| Distributable reserves | 133 | €210,700 | €219,583 | +€8,883 | +4.2% |
| Profit (loss) carried forward | 14 | -€483,971 | -€478,908 | +€5,063 | +1.0% |
| Amounts payable | 17/49 | €666,965 | €626,390 | -€40,574 | -6.1% |
| Amounts payable after more than one year | 17 | €633,848 | €591,861 | -€41,987 | -6.6% |
| Financial debts | 170/4 | €633,848 | €591,861 | -€41,987 | -6.6% |
| Amounts payable within one year | 42/48 | €33,117 | €34,529 | +€1,412 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | €31,109 | €32,337 | +€1,229 | +4.0% |
| Trade debts | 44 | €2,008 | €2,192 | +€183 | +9.1% |
| Suppliers | 440/4 | €2,008 | €2,192 | +€183 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,691 | €39,691 | -€0 | 0.0% |
| Other operating charges | 640/8 | €7,847 | €8,081 | +€234 | +3.0% |
| Gross operating margin | 9900 | €61,671 | €69,106 | +€7,436 | +12.1% |
| Operating profit (loss) | 9901 | €14,132 | €21,335 | +€7,202 | +51.0% |
| Financial income | 75/76B | €449 | €774 | +€324 | +72.2% |
| Recurring financial income | 75 | €449 | €774 | +€324 | +72.2% |
| Financial charges | 65/66B | €18,505 | €17,045 | -€1,460 | -7.9% |
| Recurring financial charges | 65 | €18,505 | €17,045 | -€1,460 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,923 | €5,063 | +€8,986 | |
| Profit (loss) for the period | 9904 | -€3,923 | €5,063 | +€8,986 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,923 | €5,063 | +€8,986 |
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 8 October 2026 via checked.be.