Immo Heritage: 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 Heritage
Largest movements
- Tangible fixed assets -€37,189
down €37,189 (-3.8%), from €972,168 to €934,978
of which Land and buildings: -€36,553
- Profit (loss) carried forward -€30,127
down €30,127 (-38.4%), from -€78,382 to -€108,509
- Debts after one year -€25,963
down €25,963 (-5.3%), from €487,863 to €461,900
- Other debts +€10,393
up €10,393 (+2.0%), from €529,259 to €539,652
- Gross operating margin -€993
down €993 (-4.2%), from €23,893 to €22,901
- Other operating charges +€696
up €696 (+19.7%), from €3,535 to €4,232
- Financial charges -€493
down €493 (-4.1%), from €12,099 to €11,606
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 | €975,386 | €935,020 | -€40,366 | -4.1% |
| Fixed assets | 21/28 | €972,168 | €934,978 | -€37,189 | -3.8% |
| Tangible fixed assets | 22/27 | €972,168 | €934,978 | -€37,189 | -3.8% |
| Land and buildings | 22 | €967,146 | €930,593 | -€36,553 | -3.8% |
| Plant, machinery and equipment | 23 | €5,022 | €4,386 | -€636 | -12.7% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €3,218 | €42 | -€3,177 | -98.7% |
| Amounts receivable within one year | 40/41 | €216 | €0 | -€216 | -100% |
| Trade receivables | 40 | €128 | €0 | -€128 | -100% |
| Other amounts receivable | 41 | €88 | €0 | -€88 | -100% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €3,003 | €42 | -€2,961 | -98.6% |
| Total equity and liabilities | 10/49 | €975,386 | €935,020 | -€40,366 | -4.1% |
| Equity | 10/15 | -€67,382 | -€97,509 | -€30,127 | -44.7% |
| Contributions | 10/11 | €11,000 | €11,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€78,382 | -€108,509 | -€30,127 | -38.4% |
| Amounts payable | 17/49 | €1,042,768 | €1,032,529 | -€10,239 | -1.0% |
| Amounts payable after more than one year | 17 | €487,863 | €461,900 | -€25,963 | -5.3% |
| Financial debts | 170/4 | €487,863 | €461,900 | -€25,963 | -5.3% |
| Amounts payable within one year | 42/48 | €554,905 | €570,629 | +€15,724 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €25,388 | €25,963 | +€575 | +2.3% |
| Trade debts | 44 | €257 | €5,014 | +€4,757 | +1,847% |
| Suppliers | 440/4 | €257 | €5,014 | +€4,757 | +1,847% |
| Other amounts payable | 47/48 | €529,259 | €539,652 | +€10,393 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,189 | €37,189 | = | 0.0% |
| Other operating charges | 640/8 | €3,535 | €4,232 | +€696 | +19.7% |
| Gross operating margin | 9900 | €23,893 | €22,901 | -€993 | -4.2% |
| Operating profit (loss) | 9901 | -€16,831 | -€18,521 | -€1,689 | -10.0% |
| Financial income | 75/76B | €24 | €0 | -€24 | -100% |
| Recurring financial income | 75 | €24 | €0 | -€24 | -100% |
| Financial charges | 65/66B | €12,099 | €11,606 | -€493 | -4.1% |
| Recurring financial charges | 65 | €12,099 | €11,606 | -€493 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | -€28,907 | -€30,127 | -€1,220 | -4.2% |
| Income taxes | 67/77 | €7 | €0 | -€7 | -100% |
| Profit (loss) for the period | 9904 | -€28,914 | -€30,127 | -€1,213 | -4.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,914 | -€30,127 | -€1,213 | -4.2% |
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 13 October 2026 via checked.be.