IMMO I & M: 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 I & M
Largest movements
- Cash +€2,899
up €2,899 (+2.1%), from €140,647 to €143,545
mainly Other debts (+€44,123) and Net result for the year (+€3,934)
- Other debts +€44,123
new in 2025: €44,123
- Reserves -€42,584
down €42,584 (-77.7%), from €54,800 to €12,215
- Tax, wage and social debts +€2,395
new in 2025: €2,395
- Gross operating margin +€2,962
up €2,962 (+124%), from €2,382 to €5,344
- Taxes +€1,286
up €1,286 (+221%), from €582 to €1,868
- Financial income +€874
up €874 (+639%), from €137 to €1,011
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 | €140,997 | €144,931 | +€3,934 | +2.8% |
| Current assets | 29/58 | €140,997 | €144,931 | +€3,934 | +2.8% |
| Amounts receivable within one year | 40/41 | €350 | €1,386 | +€1,036 | +296% |
| Trade receivables | 40 | - | €386 | +€386 | |
| Other amounts receivable | 41 | €350 | €1,000 | +€650 | +186% |
| Cash at bank and in hand | 54/58 | €140,647 | €143,545 | +€2,899 | +2.1% |
| Total equity and liabilities | 10/49 | €140,997 | €144,931 | +€3,934 | +2.8% |
| Equity | 10/15 | €140,997 | €98,412 | -€42,584 | -30.2% |
| Contributions | 10/11 | €86,197 | €86,197 | = | 0.0% |
| Reserves | 13 | €54,800 | €12,215 | -€42,584 | -77.7% |
| Distributable reserves | 133 | €54,800 | €12,215 | -€42,584 | -77.7% |
| Amounts payable | 17/49 | - | €46,519 | +€46,519 | |
| Amounts payable within one year | 42/48 | - | €46,519 | +€46,519 | |
| Taxes, remuneration and social security | 45 | - | €2,395 | +€2,395 | |
| Taxes | 450/3 | - | €2,395 | +€2,395 | |
| Other amounts payable | 47/48 | - | €44,123 | +€44,123 | |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €2,382 | €5,344 | +€2,962 | +124% |
| Operating profit (loss) | 9901 | €1,876 | €4,824 | +€2,948 | +157% |
| Financial income | 75/76B | €137 | €1,011 | +€874 | +639% |
| Recurring financial income | 75 | €137 | €1,011 | +€874 | +639% |
| Financial charges | 65/66B | €24 | €33 | +€9 | +38.0% |
| Recurring financial charges | 65 | €24 | €33 | +€9 | +38.0% |
| Profit (loss) for the period before taxes | 9903 | €1,989 | €5,802 | +€3,813 | +192% |
| Income taxes | 67/77 | €582 | €1,868 | +€1,286 | +221% |
| Profit (loss) for the period | 9904 | €1,407 | €3,934 | +€2,527 | +180% |
| Profit (loss) for the period to be appropriated | 9905 | €1,407 | €3,934 | +€2,527 | +180% |
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 25 October 2026 via checked.be.