IMMO HERA: 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 HERA
Largest movements
- Tangible fixed assets -€25,292
down €25,292 (-3.0%), from €840,382 to €815,090
- Profit (loss) carried forward +€55,739
up €55,739, from -€53,683 to €2,056
- Other debts -€48,896
down €48,896 (-19.2%), from €254,830 to €205,935
- Debts after one year -€34,891
down €34,891 (-5.7%), from €609,874 to €574,983
- Turnover -€88,507
no longer reported in 2025 (was €88,507)
- Gross operating margin +€44,365
up €44,365 (+52.5%), from €84,527 to €128,893
- Financial charges +€14,254
up €14,254 (+71.5%), from €19,945 to €34,200
- Other operating charges +€8,931
up €8,931 (+234.1%), from €3,815 to €12,745
- Purchases and services -€3,980
no longer reported in 2025 (was €3,980)
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 | €847,470 | €821,293 | -€26,177 | -3.1% |
| Fixed assets | 21/28 | €840,382 | €815,090 | -€25,292 | -3.0% |
| Tangible fixed assets | 22/27 | €840,382 | €815,090 | -€25,292 | -3.0% |
| Land and buildings | 22 | €840,382 | €815,090 | -€25,292 | -3.0% |
| Current assets | 29/58 | €7,089 | €6,203 | -€886 | -12.5% |
| Cash at bank and in hand | 54/58 | €7,089 | €5,618 | -€1,470 | -20.7% |
| Deferred charges and accrued income | 490/1 | - | €585 | +€585 | |
| Total equity and liabilities | 10/49 | €847,470 | €821,293 | -€26,177 | -3.1% |
| Equity | 10/15 | -€51,183 | €4,556 | +€55,739 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,683 | €2,056 | +€55,739 | |
| Amounts payable | 17/49 | €898,653 | €816,737 | -€81,916 | -9.1% |
| Amounts payable after more than one year | 17 | €609,874 | €574,983 | -€34,891 | -5.7% |
| Financial debts | 170/4 | €609,874 | €574,983 | -€34,891 | -5.7% |
| Amounts payable within one year | 42/48 | €288,780 | €241,754 | -€47,026 | -16.3% |
| Current portion of amounts payable after more than one year | 42 | €33,950 | €34,903 | +€953 | +2.8% |
| Taxes, remuneration and social security | 45 | - | €916 | +€916 | |
| Taxes | 450/3 | - | €916 | +€916 | |
| Other amounts payable | 47/48 | €254,830 | €205,935 | -€48,896 | -19.2% |
| Turnover | 70 | €88,507 | - | -€88,507 | |
| Goods, raw materials, services and sundry goods | 60/61 | €3,980 | - | -€3,980 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,266 | €25,292 | +€25 | +0.1% |
| Other operating charges | 640/8 | €3,815 | €12,745 | +€8,931 | +234.1% |
| Gross operating margin | 9900 | €84,527 | €128,893 | +€44,365 | +52.5% |
| Operating profit (loss) | 9901 | €55,446 | €90,855 | +€35,409 | +63.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €19,945 | €34,200 | +€14,254 | +71.5% |
| Recurring financial charges | 65 | €19,945 | €34,200 | +€14,254 | +71.5% |
| Profit (loss) for the period before taxes | 9903 | €35,501 | €56,656 | +€21,155 | +59.6% |
| Income taxes | 67/77 | - | €916 | +€916 | |
| Profit (loss) for the period | 9904 | €35,501 | €55,739 | +€20,238 | +57.0% |
| Profit (loss) for the period to be appropriated | 9905 | €35,501 | €55,739 | +€20,238 | +57.0% |
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 4 October 2026 via checked.be.