IMMO IMBREX: 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 IMBREX
Largest movements
- Cash -€10,618
down €10,618 (-86.3%), from €12,307 to €1,689
mainly Investment in fixed assets (net) (-€26,903) and Trade debts (-€5,854)
- Tangible fixed assets +€6,325
up €6,325 (+1.5%), from €423,232 to €429,557
- Trade debts -€5,854
down €5,854 (-79.1%), from €7,401 to €1,547
- Gross operating margin +€5,310
up €5,310 (+23.0%), from €23,049 to €28,360
- Depreciation +€1,703
up €1,703 (+9.0%), from €18,876 to €20,578
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.
Cash bridge derived
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 | €439,521 | €435,259 | -€4,263 | -1.0% |
| Fixed assets | 21/28 | €423,232 | €429,557 | +€6,325 | +1.5% |
| Tangible fixed assets | 22/27 | €423,232 | €429,557 | +€6,325 | +1.5% |
| Land and buildings | 22 | €423,232 | €429,557 | +€6,325 | +1.5% |
| Current assets | 29/58 | €16,289 | €5,701 | -€10,588 | -65.0% |
| Cash at bank and in hand | 54/58 | €12,307 | €1,689 | -€10,618 | -86.3% |
| Deferred charges and accrued income | 490/1 | €3,982 | €4,013 | +€30 | +0.8% |
| Total equity and liabilities | 10/49 | €439,521 | €435,259 | -€4,263 | -1.0% |
| Equity | 10/15 | €201,166 | €202,757 | +€1,591 | +0.8% |
| Contributions | 10/11 | €422,000 | €422,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€220,834 | -€219,243 | +€1,591 | +0.7% |
| Amounts payable | 17/49 | €238,355 | €232,501 | -€5,854 | -2.5% |
| Amounts payable within one year | 42/48 | €238,355 | €232,501 | -€5,854 | -2.5% |
| Trade debts | 44 | €7,401 | €1,547 | -€5,854 | -79.1% |
| Suppliers | 440/4 | €7,401 | €1,547 | -€5,854 | -79.1% |
| Other amounts payable | 47/48 | €230,954 | €230,954 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,876 | €20,578 | +€1,703 | +9.0% |
| Other operating charges | 640/8 | €5,824 | €6,001 | +€178 | +3.1% |
| Gross operating margin | 9900 | €23,049 | €28,360 | +€5,310 | +23.0% |
| Operating profit (loss) | 9901 | -€1,650 | €1,780 | +€3,430 | |
| Financial charges | 65/66B | €45 | €189 | +€144 | +319.7% |
| Recurring financial charges | 65 | €45 | €189 | +€144 | +319.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,695 | €1,591 | +€3,286 | |
| Profit (loss) for the period | 9904 | -€1,695 | €1,591 | +€3,286 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,695 | €1,591 | +€3,286 |
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 9 October 2026 via checked.be.