IMMO IDA: 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 IDA
Largest movements
- Tangible fixed assets +€783,296
up €783,296 (+433%), from €180,847 to €964,143
of which Land and buildings: +€814,313
- Deferred charges and accrued income +€25,000
new in 2025: €25,000
- Debts after one year +€770,220
up €770,220 (+2,586%), from €29,780 to €800,000
- Reserves +€104,511
new in 2025: €104,511
- Other debts -€76,600
down €76,600 (-56.2%), from €136,308 to €59,708
- Provisions +€34,837
new in 2025: €34,837
- Current portion of long-term debt -€17,409
no longer reported in 2025 (was €17,409)
- Gross operating margin +€142,174
up €142,174 (+5,305%), from €2,680 to €144,854
- Depreciation -€21,950
down €21,950 (-90.0%), from €24,396 to €2,446
- Financial charges +€1,922
up €1,922 (+162%), from €1,190 to €3,112
- Other operating charges -€1,559
down €1,559 (-43.2%), from €3,612 to €2,053
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 | €180,847 | €992,551 | +€811,704 | +449% |
| Fixed assets | 21/28 | €180,847 | €964,143 | +€783,296 | +433% |
| Tangible fixed assets | 22/27 | €180,847 | €964,143 | +€783,296 | +433% |
| Land and buildings | 22 | €149,830 | €964,143 | +€814,313 | +543% |
| Plant, machinery and equipment | 23 | €31,017 | - | -€31,017 | |
| Current assets | 29/58 | - | €28,408 | +€28,408 | |
| Cash at bank and in hand | 54/58 | - | €3,408 | +€3,408 | |
| Deferred charges and accrued income | 490/1 | - | €25,000 | +€25,000 | |
| Total equity and liabilities | 10/49 | €180,847 | €992,551 | +€811,704 | +449% |
| Equity | 10/15 | -€4,424 | €98,006 | +€102,430 | |
| Contributions | 10/11 | €206,336 | €206,336 | = | 0.0% |
| Reserves | 13 | - | €104,511 | +€104,511 | |
| Tax-exempt reserves | 132 | - | €104,511 | +€104,511 | |
| Profit (loss) carried forward | 14 | -€210,760 | -€212,841 | -€2,081 | -1.0% |
| Provisions and deferred taxes | 16 | - | €34,837 | +€34,837 | |
| Deferred taxes | 168 | - | €34,837 | +€34,837 | |
| Amounts payable | 17/49 | €185,271 | €859,708 | +€674,437 | +364% |
| Amounts payable after more than one year | 17 | €29,780 | €800,000 | +€770,220 | +2,586% |
| Financial debts | 170/4 | €29,780 | €800,000 | +€770,220 | +2,586% |
| Amounts payable within one year | 42/48 | €155,491 | €59,708 | -€95,783 | -61.6% |
| Current portion of amounts payable after more than one year | 42 | €17,409 | - | -€17,409 | |
| Financial debts | 43 | €349 | - | -€349 | |
| Credit institutions | 430/8 | €349 | - | -€349 | |
| Trade debts | 44 | €1,425 | - | -€1,425 | |
| Suppliers | 440/4 | €1,425 | - | -€1,425 | |
| Other amounts payable | 47/48 | €136,308 | €59,708 | -€76,600 | -56.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,396 | €2,446 | -€21,950 | -90.0% |
| Other operating charges | 640/8 | €3,612 | €2,053 | -€1,559 | -43.2% |
| Gross operating margin | 9900 | €2,680 | €144,854 | +€142,174 | +5,305% |
| Operating profit (loss) | 9901 | -€25,328 | €140,355 | +€165,683 | |
| Financial income | 75/76B | - | €25 | +€25 | |
| Recurring financial income | 75 | - | €25 | +€25 | |
| Financial charges | 65/66B | €1,190 | €3,112 | +€1,922 | +162% |
| Recurring financial charges | 65 | €1,190 | €3,112 | +€1,922 | +162% |
| Profit (loss) for the period before taxes | 9903 | -€26,518 | €137,268 | +€163,786 | |
| Transfer from deferred taxes | 780 | - | €1,201 | +€1,201 | |
| Transfer to deferred taxes | 680 | - | €36,039 | +€36,039 | |
| Profit (loss) for the period | 9904 | -€26,518 | €102,430 | +€128,948 | |
| Transfer from tax-exempt reserves | 789 | - | €3,604 | +€3,604 | |
| Transfer to tax-exempt reserves | 689 | - | €108,115 | +€108,115 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,518 | -€2,081 | +€24,437 | +92.2% |
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 13 October 2026 via checked.be.