IMMO HYPO: 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.
What changed
IMMO HYPO
NACE 68.310, Real estate agency activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€560
2024 · -€1,086+€526
Equity
€109,762
2024 · €110,322-€560
Cash
€61
2024 · €2,447-€2,386
Balance sheet total
€409,314
2024 · €422,786-€13,472
Largest movements
Assets
- Tangible fixed assets -€10,418
down €10,418 (-2.5%), from €417,582 to €407,164
of which Land and buildings: -€9,847
Equity and liabilities
- Debts after one year -€7,838
down €7,838 (-3.2%), from €246,124 to €238,286
of which Financial debts: -€7,838
- Other debts -€6,308
down €6,308 (-15.7%), from €40,138 to €33,830
Income statement
- Financial charges -€311
down €311 (-5.1%), from €6,074 to €5,763
- Gross operating margin +€256
up €256 (+1.2%), from €21,039 to €21,295
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.
Result 2024
-€1,086
Gross operating margin
+€256
Depreciation
-€69
Other operating charges
+€36
Financial income
+€1
Financial charges
+€311
Taxes
-€9
Result 2025
-€560
raises the resultlowers the result
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.
From operations
+€5,257
Investment
+€40
Financing
-€7,683
Cash 2024
€2,447
From operations (derived)
+€5,257
Net result for the year
-€560
Depreciation
+€10,418
Smaller working-capital items
+€18
Deferred charges and accrued income
+€619
Provisions
-€357
Trade debts
+€118
Tax, wage and social debts
+€1,309
Other debts
-€6,308
Investment (derived)
+€40
Current investments
+€40
Financing
-€7,683
Debts after one year
-€7,838
Current portion of long-term debt
+€155
Cash 2025
€61
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €422,786 | €409,314 | -€13,472 | -3.2% |
| Fixed assets | 21/28 | €417,582 | €407,164 | -€10,418 | -2.5% |
| Tangible fixed assets | 22/27 | €417,582 | €407,164 | -€10,418 | -2.5% |
| Land and buildings | 22 | €415,771 | €405,924 | -€9,847 | -2.4% |
| Plant, machinery and equipment | 23 | €595 | €332 | -€263 | -44.2% |
| Furniture and vehicles | 24 | €1,216 | €908 | -€308 | -25.3% |
| Current assets | 29/58 | €5,204 | €2,150 | -€3,054 | -58.7% |
| Amounts receivable within one year | 40/41 | €79 | €70 | -€9 | -11.4% |
| Other amounts receivable | 41 | €79 | €70 | -€9 | -11.4% |
| Current investments | 50/53 | €48 | €8 | -€40 | -83.3% |
| Cash at bank and in hand | 54/58 | €2,447 | €61 | -€2,386 | -97.5% |
| Deferred charges and accrued income | 490/1 | €2,630 | €2,011 | -€619 | -23.5% |
| Total equity and liabilities | 10/49 | €422,786 | €409,314 | -€13,472 | -3.2% |
| Equity | 10/15 | €110,322 | €109,762 | -€560 | -0.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €91,722 | €91,162 | -€560 | -0.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,861 | €16,169 | -€692 | -4.1% |
| Distributable reserves | 133 | €73,001 | €73,133 | +€132 | +0.2% |
| Provisions and deferred taxes | 16 | €8,684 | €8,327 | -€357 | -4.1% |
| Deferred taxes | 168 | €8,684 | €8,327 | -€357 | -4.1% |
| Amounts payable | 17/49 | €303,780 | €291,225 | -€12,555 | -4.1% |
| Amounts payable after more than one year | 17 | €246,124 | €238,286 | -€7,838 | -3.2% |
| Financial debts | 170/4 | €71,124 | €63,286 | -€7,838 | -11.0% |
| Other amounts payable | 178/9 | €175,000 | €175,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €57,141 | €52,415 | -€4,726 | -8.3% |
| Current portion of amounts payable after more than one year | 42 | €7,684 | €7,839 | +€155 | +2.0% |
| Trade debts | 44 | €925 | €1,043 | +€118 | +12.8% |
| Suppliers | 440/4 | €925 | €1,043 | +€118 | +12.8% |
| Taxes, remuneration and social security | 45 | €8,394 | €9,703 | +€1,309 | +15.6% |
| Taxes | 450/3 | €8,394 | €9,703 | +€1,309 | +15.6% |
| Other amounts payable | 47/48 | €40,138 | €33,830 | -€6,308 | -15.7% |
| Accrued charges and deferred income | 492/3 | €515 | €524 | +€9 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,349 | €10,418 | +€69 | +0.7% |
| Other operating charges | 640/8 | €5,889 | €5,853 | -€36 | -0.6% |
| Gross operating margin | 9900 | €21,039 | €21,295 | +€256 | +1.2% |
| Operating profit (loss) | 9901 | €4,801 | €5,024 | +€223 | +4.6% |
| Financial income | 75/76B | €1 | €2 | +€1 | +100% |
| Recurring financial income | 75 | €1 | €2 | +€1 | +100% |
| Financial charges | 65/66B | €6,074 | €5,763 | -€311 | -5.1% |
| Recurring financial charges | 65 | €6,074 | €5,763 | -€311 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,272 | -€737 | +€535 | +42.1% |
| Transfer from deferred taxes | 780 | €357 | €357 | = | 0.0% |
| Income taxes | 67/77 | €171 | €180 | +€9 | +5.3% |
| Profit (loss) for the period | 9904 | -€1,086 | -€560 | +€526 | +48.4% |
| Transfer from tax-exempt reserves | 789 | €694 | €692 | -€2 | -0.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€392 | €132 | +€524 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.