IMMO-IN: 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-IN
Largest movements
- Cash +€199,767
up €199,767 (+18.3%), from €1.1m to €1.3m
mainly Depreciation (+€92,147) and Net result for the year (+€61,617)
- Tangible fixed assets -€92,147
down €92,147 (-7.0%), from €1.3m to €1.2m
- Accrued charges and deferred income +€44,339
up €44,339 (+78.3%), from €56,640 to €100,979
- Profit (loss) carried forward +€38,390
no longer reported in 2025 (was -€38,390)
- Other operating charges +€12,915
up €12,915 (+172.2%), from €7,501 to €20,417
- Financial income -€11,693
down €11,693 (-26.3%), from €44,463 to €32,770
- Gross operating margin +€6,339
up €6,339 (+3.5%), from €182,398 to €188,737
- Taxes +€2,204
new in 2025: €2,204
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 | €3,427,218 | €3,529,387 | +€102,170 | +3.0% |
| Fixed assets | 21/28 | €1,318,907 | €1,226,761 | -€92,147 | -7.0% |
| Tangible fixed assets | 22/27 | €1,318,907 | €1,226,761 | -€92,147 | -7.0% |
| Land and buildings | 22 | €1,318,907 | €1,226,761 | -€92,147 | -7.0% |
| Current assets | 29/58 | €2,108,311 | €2,302,627 | +€194,316 | +9.2% |
| Amounts receivable within one year | 40/41 | €13,336 | €7,870 | -€5,466 | -41.0% |
| Trade receivables | 40 | - | €246 | +€246 | |
| Other amounts receivable | 41 | €13,336 | €7,625 | -€5,712 | -42.8% |
| Current investments | 50/53 | €1,000,000 | €1,000,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,092,371 | €1,292,138 | +€199,767 | +18.3% |
| Deferred charges and accrued income | 490/1 | €2,604 | €2,619 | +€15 | +0.6% |
| Total equity and liabilities | 10/49 | €3,427,218 | €3,529,387 | +€102,170 | +3.0% |
| Equity | 10/15 | €917,135 | €978,752 | +€61,617 | +6.7% |
| Contributions | 10/11 | €875,000 | €875,000 | = | 0.0% |
| Capital | 10 | €875,000 | €875,000 | = | 0.0% |
| Issued capital | 100 | €875,000 | €875,000 | = | 0.0% |
| Reserves | 13 | €80,524 | €103,752 | +€23,227 | +28.8% |
| Non-distributable reserves | 130/1 | €37,500 | €37,500 | = | 0.0% |
| Legal reserve | 130 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €43,024 | €66,252 | +€23,227 | +54.0% |
| Profit (loss) carried forward | 14 | -€38,390 | - | +€38,390 | |
| Amounts payable | 17/49 | €2,510,083 | €2,550,636 | +€40,553 | +1.6% |
| Amounts payable after more than one year | 17 | €750,000 | €750,000 | = | 0.0% |
| Financial debts | 170/4 | €750,000 | €750,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,703,443 | €1,699,657 | -€3,787 | -0.2% |
| Trade debts | 44 | €1,005 | €1,464 | +€459 | +45.7% |
| Suppliers | 440/4 | €1,005 | €1,464 | +€459 | +45.7% |
| Advances received on contracts in progress | 46 | €5,499 | €5,499 | = | 0.0% |
| Other amounts payable | 47/48 | €1,696,940 | €1,692,694 | -€4,246 | -0.3% |
| Accrued charges and deferred income | 492/3 | €56,640 | €100,979 | +€44,339 | +78.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,423 | €92,147 | -€277 | -0.3% |
| Other operating charges | 640/8 | €7,501 | €20,417 | +€12,915 | +172.2% |
| Gross operating margin | 9900 | €182,398 | €188,737 | +€6,339 | +3.5% |
| Operating profit (loss) | 9901 | €82,473 | €76,173 | -€6,300 | -7.6% |
| Financial income | 75/76B | €44,463 | €32,770 | -€11,693 | -26.3% |
| Recurring financial income | 75 | €44,463 | €32,770 | -€11,693 | -26.3% |
| Financial charges | 65/66B | €45,404 | €45,122 | -€282 | -0.6% |
| Recurring financial charges | 65 | €45,404 | €45,122 | -€282 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | €81,532 | €63,821 | -€17,711 | -21.7% |
| Income taxes | 67/77 | - | €2,204 | +€2,204 | |
| Profit (loss) for the period | 9904 | €81,532 | €61,617 | -€19,915 | -24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €81,532 | €61,617 | -€19,915 | -24.4% |
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 9 October 2026 via checked.be.