IMMO HUSACHA: 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 HUSACHA
Largest movements
- Tangible fixed assets -€8,914
down €8,914 (-19.0%), from €46,858 to €37,944
of which Furniture and vehicles: -€8,328
- Deferred charges and accrued income +€2,575
up €2,575 (+3,399%), from €76 to €2,650
- Profit (loss) carried forward +€4,604
up €4,604 (+17.4%), from €26,401 to €31,005
- Tax, wage and social debts -€4,490
no longer reported in 2025 (was €4,490)
- Debts after one year -€4,384
no longer reported in 2025 (was €4,384)
- Gross operating margin +€3,495
up €3,495 (+23.6%), from €14,782 to €18,277
- Taxes +€747
up €747 (+75.8%), from €985 to €1,731
- Depreciation -€286
down €286 (-3.1%), from €9,200 to €8,914
- Financial charges -€231
down €231 (-29.4%), from €786 to €555
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 | €138,212 | €133,891 | -€4,322 | -3.1% |
| Fixed assets | 21/28 | €46,858 | €37,944 | -€8,914 | -19.0% |
| Tangible fixed assets | 22/27 | €46,858 | €37,944 | -€8,914 | -19.0% |
| Land and buildings | 22 | €16,597 | €16,011 | -€586 | -3.5% |
| Furniture and vehicles | 24 | €30,261 | €21,934 | -€8,328 | -27.5% |
| Current assets | 29/58 | €91,354 | €95,946 | +€4,592 | +5.0% |
| Amounts receivable within one year | 40/41 | €515 | €1,284 | +€769 | +149% |
| Other amounts receivable | 41 | €515 | €1,284 | +€769 | +149% |
| Cash at bank and in hand | 54/58 | €90,763 | €92,011 | +€1,249 | +1.4% |
| Deferred charges and accrued income | 490/1 | €76 | €2,650 | +€2,575 | +3,399% |
| Total equity and liabilities | 10/49 | €138,212 | €133,891 | -€4,322 | -3.1% |
| Equity | 10/15 | €124,301 | €128,905 | +€4,604 | +3.7% |
| Contributions | 10/11 | €89,000 | €89,000 | = | 0.0% |
| Capital | 10 | €89,000 | €89,000 | = | 0.0% |
| Issued capital | 100 | €89,000 | €89,000 | = | 0.0% |
| Reserves | 13 | €8,900 | €8,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,900 | €8,900 | = | 0.0% |
| Legal reserve | 130 | €8,900 | €8,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,401 | €31,005 | +€4,604 | +17.4% |
| Amounts payable | 17/49 | €13,911 | €4,986 | -€8,925 | -64.2% |
| Amounts payable after more than one year | 17 | €4,384 | - | -€4,384 | |
| Financial debts | 170/4 | €4,384 | - | -€4,384 | |
| Amounts payable within one year | 42/48 | €9,527 | €4,986 | -€4,541 | -47.7% |
| Current portion of amounts payable after more than one year | 42 | €5,037 | €4,384 | -€653 | -13.0% |
| Trade debts | 44 | - | €601 | +€601 | |
| Suppliers | 440/4 | - | €601 | +€601 | |
| Taxes, remuneration and social security | 45 | €4,490 | - | -€4,490 | |
| Taxes | 450/3 | €4,490 | - | -€4,490 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,200 | €8,914 | -€286 | -3.1% |
| Other operating charges | 640/8 | €2,325 | €2,473 | +€148 | +6.4% |
| Gross operating margin | 9900 | €14,782 | €18,277 | +€3,495 | +23.6% |
| Operating profit (loss) | 9901 | €3,257 | €6,890 | +€3,633 | +112% |
| Financial charges | 65/66B | €786 | €555 | -€231 | -29.4% |
| Recurring financial charges | 65 | €786 | €555 | -€231 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €2,470 | €6,335 | +€3,864 | +156% |
| Income taxes | 67/77 | €985 | €1,731 | +€747 | +75.8% |
| Profit (loss) for the period | 9904 | €1,486 | €4,604 | +€3,118 | +210% |
| Profit (loss) for the period to be appropriated | 9905 | €1,486 | €4,604 | +€3,118 | +210% |
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 20 October 2026 via checked.be.