IMMO HOME PROJECT: 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 HOME PROJECT
Largest movements
- Receivables within one year +€103,457
up €103,457 (+510%), from €20,268 to €123,725
- Tangible fixed assets -€44,003
down €44,003 (-35.4%), from €124,332 to €80,329
- Cash -€39,169
down €39,169 (-100%), from €39,169 to €0
mainly Receivables within one year (-€103,457) and Debts after one year (-€63,725)
- Deferred charges and accrued income +€2,687
new in 2025: €2,687
- Trade debts +€66,855
up €66,855 (+183%), from €36,607 to €103,462
- Debts after one year -€63,725
down €63,725 (-75.2%), from €84,689 to €20,964
- Other debts -€29,848
down €29,848 (-93.2%), from €32,036 to €2,188
- Profit (loss) carried forward +€23,314
up €23,314 (+44.0%), from -€53,014 to -€29,700
- Tax, wage and social debts +€17,379
up €17,379 (+363%), from €4,790 to €22,169
- Gross operating margin +€34,816
up €34,816 (+121%), from €28,749 to €63,565
- Depreciation +€17,222
up €17,222 (+597%), from €2,886 to €20,108
- Other operating charges -€14,722
down €14,722 (-94.9%), from €15,516 to €793
- Financial charges +€6,930
up €6,930 (+524%), from €1,323 to €8,253
- Taxes +€6,220
up €6,220 (+2,837%), from €219 to €6,439
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 | €183,994 | €206,967 | +€22,973 | +12.5% |
| Fixed assets | 21/28 | €124,557 | €80,554 | -€44,003 | -35.3% |
| Tangible fixed assets | 22/27 | €124,332 | €80,329 | -€44,003 | -35.4% |
| Furniture and vehicles | 24 | €124,332 | €80,329 | -€44,003 | -35.4% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €59,437 | €126,412 | +€66,976 | +113% |
| Amounts receivable within one year | 40/41 | €20,268 | €123,725 | +€103,457 | +510% |
| Trade receivables | 40 | €20,268 | €123,725 | +€103,457 | +510% |
| Cash at bank and in hand | 54/58 | €39,169 | €0 | -€39,169 | -100% |
| Deferred charges and accrued income | 490/1 | - | €2,687 | +€2,687 | |
| Total equity and liabilities | 10/49 | €183,994 | €206,967 | +€22,973 | +12.5% |
| Equity | 10/15 | -€34,390 | -€11,100 | +€23,289 | +67.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €25 | €0 | -€25 | -100% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €25 | €0 | -€25 | -100% |
| Profit (loss) carried forward | 14 | -€53,014 | -€29,700 | +€23,314 | +44.0% |
| Amounts payable | 17/49 | €218,384 | €218,067 | -€317 | -0.1% |
| Amounts payable after more than one year | 17 | €84,689 | €20,964 | -€63,725 | -75.2% |
| Financial debts | 170/4 | €84,689 | €20,964 | -€63,725 | -75.2% |
| Amounts payable within one year | 42/48 | €133,694 | €196,720 | +€63,025 | +47.1% |
| Current portion of amounts payable after more than one year | 42 | €60,262 | €63,725 | +€3,464 | +5.7% |
| Financial debts | 43 | - | €5,176 | +€5,176 | |
| Credit institutions | 430/8 | - | €5,176 | +€5,176 | |
| Trade debts | 44 | €36,607 | €103,462 | +€66,855 | +183% |
| Suppliers | 440/4 | €36,607 | €103,462 | +€66,855 | +183% |
| Taxes, remuneration and social security | 45 | €4,790 | €22,169 | +€17,379 | +363% |
| Taxes | 450/3 | €4,790 | €22,169 | +€17,379 | +363% |
| Other amounts payable | 47/48 | €32,036 | €2,188 | -€29,848 | -93.2% |
| Accrued charges and deferred income | 492/3 | - | €384 | +€384 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,886 | €20,108 | +€17,222 | +597% |
| Other operating charges | 640/8 | €15,516 | €793 | -€14,722 | -94.9% |
| Non-recurring operating charges | 66A | - | €4,682 | +€4,682 | |
| Gross operating margin | 9900 | €28,749 | €63,565 | +€34,816 | +121% |
| Operating profit (loss) | 9901 | €10,347 | €37,981 | +€27,634 | +267% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,323 | €8,253 | +€6,930 | +524% |
| Recurring financial charges | 65 | €1,323 | €8,253 | +€6,930 | +524% |
| Profit (loss) for the period before taxes | 9903 | €9,023 | €29,729 | +€20,705 | +229% |
| Income taxes | 67/77 | €219 | €6,439 | +€6,220 | +2,837% |
| Profit (loss) for the period | 9904 | €8,804 | €23,289 | +€14,485 | +165% |
| Profit (loss) for the period to be appropriated | 9905 | €8,804 | €23,289 | +€14,485 | +165% |
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.