IMMO HIVO: 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 HIVO
Largest movements
- Receivables within one year +€275,251
up €275,251 (+16,405%), from €1,678 to €276,929
- Cash -€178,276
down €178,276 (-76.7%), from €232,552 to €54,276
mainly Receivables within one year (-€275,251) and Deferred charges and accrued income (-€1,550)
- Tangible fixed assets -€69,966
down €69,966 (-5.4%), from €1.3m to €1.2m
- Reserves +€29,747
up €29,747 (+2.7%), from €1.1m to €1.1m
- Other operating charges -€7,526
down €7,526 (-42.4%), from €17,751 to €10,225
- Taxes +€4,373
up €4,373 (+46.0%), from €9,509 to €13,882
- Gross operating margin +€3,102
up €3,102 (+2.6%), from €120,791 to €123,893
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 | €1,534,520 | €1,563,080 | +€28,559 | +1.9% |
| Fixed assets | 21/28 | €1,300,290 | €1,230,325 | -€69,966 | -5.4% |
| Tangible fixed assets | 22/27 | €1,300,290 | €1,230,325 | -€69,966 | -5.4% |
| Land and buildings | 22 | €1,300,290 | €1,230,325 | -€69,966 | -5.4% |
| Current assets | 29/58 | €234,230 | €332,755 | +€98,525 | +42.1% |
| Amounts receivable within one year | 40/41 | €1,678 | €276,929 | +€275,251 | +16,405% |
| Other amounts receivable | 41 | €1,678 | €276,929 | +€275,251 | +16,405% |
| Cash at bank and in hand | 54/58 | €232,552 | €54,276 | -€178,276 | -76.7% |
| Deferred charges and accrued income | 490/1 | - | €1,550 | +€1,550 | |
| Total equity and liabilities | 10/49 | €1,534,520 | €1,563,080 | +€28,559 | +1.9% |
| Equity | 10/15 | €1,532,560 | €1,562,307 | +€29,747 | +1.9% |
| Contributions | 10/11 | €415,866 | €415,866 | = | 0.0% |
| Reserves | 13 | €1,116,694 | €1,146,440 | +€29,747 | +2.7% |
| Distributable reserves | 133 | €1,116,694 | €1,146,440 | +€29,747 | +2.7% |
| Amounts payable | 17/49 | €1,960 | €773 | -€1,187 | -60.6% |
| Amounts payable within one year | 42/48 | €1,960 | €773 | -€1,187 | -60.6% |
| Trade debts | 44 | €1,960 | €773 | -€1,187 | -60.6% |
| Suppliers | 440/4 | €1,960 | €773 | -€1,187 | -60.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,169 | €69,966 | -€204 | -0.3% |
| Other operating charges | 640/8 | €17,751 | €10,225 | -€7,526 | -42.4% |
| Gross operating margin | 9900 | €120,791 | €123,893 | +€3,102 | +2.6% |
| Operating profit (loss) | 9901 | €32,870 | €43,702 | +€10,832 | +33.0% |
| Financial charges | 65/66B | €61 | €74 | +€13 | +21.0% |
| Recurring financial charges | 65 | €61 | €74 | +€13 | +21.0% |
| Profit (loss) for the period before taxes | 9903 | €32,810 | €43,629 | +€10,819 | +33.0% |
| Income taxes | 67/77 | €9,509 | €13,882 | +€4,373 | +46.0% |
| Profit (loss) for the period | 9904 | €23,301 | €29,747 | +€6,446 | +27.7% |
| Profit (loss) for the period to be appropriated | 9905 | €23,301 | €29,747 | +€6,446 | +27.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.