IMMO HENRI: 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 HENRI
Largest movements
- Tangible fixed assets -€54,193
down €54,193 (-3.3%), from €1.6m to €1.6m
of which Land and buildings: -€53,969
- Cash -€19,515
down €19,515 (-39.9%), from €48,965 to €29,450
mainly Debts after one year (-€65,609) and Current portion of long-term debt (-€9,936)
- Debts after one year -€65,609
down €65,609 (-5.7%), from €1.1m to €1.1m
- Financial income -€12,934
down €12,934 (-99.3%), from €13,020 to €86
of which Non-recurring financial income: -€13,000
- Financial charges -€5,157
down €5,157 (-9.0%), from €57,542 to €52,385
- Gross operating margin +€3,746
up €3,746 (+3.1%), from €119,040 to €122,786
- Other operating charges +€2,013
up €2,013 (+80.4%), from €2,506 to €4,519
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 | €1,677,277 | €1,608,488 | -€68,788 | -4.1% |
| Fixed assets | 21/28 | €1,628,130 | €1,573,937 | -€54,193 | -3.3% |
| Tangible fixed assets | 22/27 | €1,628,130 | €1,573,937 | -€54,193 | -3.3% |
| Land and buildings | 22 | €1,627,191 | €1,573,223 | -€53,969 | -3.3% |
| Plant, machinery and equipment | 23 | €939 | €715 | -€224 | -23.8% |
| Current assets | 29/58 | €49,146 | €34,551 | -€14,595 | -29.7% |
| Amounts receivable within one year | 40/41 | - | €3,690 | +€3,690 | |
| Trade receivables | 40 | - | €3,690 | +€3,690 | |
| Cash at bank and in hand | 54/58 | €48,965 | €29,450 | -€19,515 | -39.9% |
| Deferred charges and accrued income | 490/1 | €182 | €1,411 | +€1,230 | +677.0% |
| Total equity and liabilities | 10/49 | €1,677,277 | €1,608,488 | -€68,788 | -4.1% |
| Equity | 10/15 | -€132,187 | -€122,815 | +€9,372 | +7.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€142,187 | -€132,815 | +€9,372 | +6.6% |
| Amounts payable | 17/49 | €1,809,464 | €1,731,303 | -€78,161 | -4.3% |
| Amounts payable after more than one year | 17 | €1,141,236 | €1,075,627 | -€65,609 | -5.7% |
| Other amounts payable | 178/9 | €1,141,236 | €1,075,627 | -€65,609 | -5.7% |
| Amounts payable within one year | 42/48 | €666,048 | €654,446 | -€11,602 | -1.7% |
| Current portion of amounts payable after more than one year | 42 | €75,905 | €65,969 | -€9,936 | -13.1% |
| Trade debts | 44 | €40,689 | €39,024 | -€1,666 | -4.1% |
| Suppliers | 440/4 | €40,689 | €39,024 | -€1,666 | -4.1% |
| Other amounts payable | 47/48 | €549,454 | €549,454 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,180 | €1,230 | -€950 | -43.6% |
| Remuneration, social security and pensions | 62 | €2,188 | €2,378 | +€189 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,793 | €54,193 | +€399 | +0.7% |
| Other operating charges | 640/8 | €2,506 | €4,519 | +€2,013 | +80.4% |
| Gross operating margin | 9900 | €119,040 | €122,786 | +€3,746 | +3.1% |
| Operating profit (loss) | 9901 | €60,552 | €61,697 | +€1,145 | +1.9% |
| Financial income | 75/76B | €13,020 | €86 | -€12,934 | -99.3% |
| Recurring financial income | 75 | €20 | €86 | +€66 | +333.5% |
| Non-recurring financial income | 76B | €13,000 | - | -€13,000 | |
| Financial charges | 65/66B | €57,542 | €52,385 | -€5,157 | -9.0% |
| Recurring financial charges | 65 | €57,542 | €52,385 | -€5,157 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €16,030 | €9,398 | -€6,632 | -41.4% |
| Income taxes | 67/77 | - | €26 | +€26 | |
| Profit (loss) for the period | 9904 | €16,030 | €9,372 | -€6,658 | -41.5% |
| Profit (loss) for the period to be appropriated | 9905 | €16,030 | €9,372 | -€6,658 | -41.5% |
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 7 October 2026 via checked.be.