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IMMO-INTER: what changed

Two fiscal 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-INTER

BE 0429.289.831
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€26,154
2024 · €62,605-€36,451
Equity
€2.1m
2024 · €2.1m-€2,959
Cash
€751
2024 · €5,403-€4,652
Balance sheet total
€2.7m
2024 · €2.6m+€76,714

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€134,996

    up €134,996 (+274.8%), from €49,127 to €184,123

    of which Other amounts receivable: +€91,700

  • Tangible fixed assets -€53,906

    down €53,906 (-2.1%), from €2.6m to €2.5m

    of which Land and buildings: -€61,295

Equity and liabilities
  • Other debts +€46,544

    up €46,544 (+11.7%), from €396,352 to €442,896

Income statement
  • Gross operating margin -€67,405

    down €67,405 (-29.9%), from €225,629 to €158,224

  • Taxes -€13,297

    down €13,297 (-54.1%), from €24,558 to €11,262

  • Depreciation -€9,283

    down €9,283 (-12.1%), from €76,523 to €67,240

  • Financial charges -€4,892

    down €4,892 (-19.7%), from €24,801 to €19,909

  • Other operating charges -€3,458

    down €3,458 (-8.9%), from €38,665 to €35,207

From the 2024 result to the 2025 result

effect on the 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 €62,605
Gross operating margin -€67,405
Depreciation +€9,283
Other operating charges +€3,458
Financial income +€24
Financial charges +€4,892
Taxes +€13,297
Result 2025 €26,154

Cash bridge derived

cash 2024 to 2025

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 +€12,179
Investment -€13,334
Financing -€3,497
Cash 2024 €5,403
Net result for the year +€26,154
Depreciation +€67,240
Receivables within one year -€134,996
Deferred charges and accrued income -€276
Provisions -€1,524
Trade debts +€11,571
Tax, wage and social debts -€2,534
Other debts +€46,544
Investment in fixed assets (net) -€13,334
Debts after one year +€2,100
Short-term financial debts +€23,516
Contributions, distributions and other -€29,113
Cash 2025 €751
Every line side by side 51 lines
Line Code 2024 2025 Change %
Total assets 20/58 €2,638,927 €2,715,641 +€76,714 +2.9%
Fixed assets 21/28 €2,575,419 €2,521,513 -€53,906 -2.1%
Tangible fixed assets 22/27 €2,575,171 €2,521,265 -€53,906 -2.1%
Land and buildings 22 €2,564,259 €2,502,965 -€61,295 -2.4%
Plant, machinery and equipment 23 €10,911 €18,300 +€7,389 +67.7%
Financial fixed assets 28 €248 €248 = 0.0%
Current assets 29/58 €63,509 €194,129 +€130,620 +205.7%
Amounts receivable within one year 40/41 €49,127 €184,123 +€134,996 +274.8%
Trade receivables 40 €10,867 €54,163 +€43,296 +398.4%
Other amounts receivable 41 €38,260 €129,960 +€91,700 +239.7%
Cash at bank and in hand 54/58 €5,403 €751 -€4,652 -86.1%
Deferred charges and accrued income 490/1 €8,979 €9,254 +€276 +3.1%
Total equity and liabilities 10/49 €2,638,927 €2,715,641 +€76,714 +2.9%
Equity 10/15 €2,062,001 €2,059,042 -€2,959 -0.1%
Contributions 10/11 €62,000 €62,000 = 0.0%
Capital 10 €62,000 €62,000 = 0.0%
Issued capital 100 €62,000 €62,000 = 0.0%
Revaluation surpluses 12 €1,797,077 €1,797,077 = 0.0%
Reserves 13 €24,932 €21,973 -€2,959 -11.9%
Non-distributable reserves 130/1 €6,200 €6,200 = 0.0%
Legal reserve 130 €6,200 €6,200 = 0.0%
Tax-exempt reserves 132 €18,732 €15,773 -€2,959 -15.8%
Profit (loss) carried forward 14 €177,992 €177,992 = 0.0%
Provisions and deferred taxes 16 €9,646 €8,122 -€1,524 -15.8%
Deferred taxes 168 €9,646 €8,122 -€1,524 -15.8%
Amounts payable 17/49 €567,280 €648,477 +€81,197 +14.3%
Amounts payable after more than one year 17 €103,734 €105,834 +€2,100 +2.0%
Other amounts payable 178/9 €103,734 €105,834 +€2,100 +2.0%
Amounts payable within one year 42/48 €463,546 €542,643 +€79,097 +17.1%
Current portion of amounts payable after more than one year 42 €0 - =
Financial debts 43 €0 €23,516 +€23,516
Credit institutions 430/8 €0 €23,516 +€23,516
Trade debts 44 €28,840 €40,411 +€11,571 +40.1%
Suppliers 440/4 €28,840 €40,411 +€11,571 +40.1%
Taxes, remuneration and social security 45 €38,354 €35,820 -€2,534 -6.6%
Taxes 450/3 €38,354 €35,820 -€2,534 -6.6%
Other amounts payable 47/48 €396,352 €442,896 +€46,544 +11.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €76,523 €67,240 -€9,283 -12.1%
Other operating charges 640/8 €38,665 €35,207 -€3,458 -8.9%
Gross operating margin 9900 €225,629 €158,224 -€67,405 -29.9%
Operating profit (loss) 9901 €110,442 €55,777 -€54,664 -49.5%
Financial income 75/76B - €24 +€24
Recurring financial income 75 - €24 +€24
Financial charges 65/66B €24,801 €19,909 -€4,892 -19.7%
Recurring financial charges 65 €24,801 €19,909 -€4,892 -19.7%
Profit (loss) for the period before taxes 9903 €85,640 €35,892 -€49,748 -58.1%
Transfer from deferred taxes 780 €1,524 €1,524 = 0.0%
Income taxes 67/77 €24,558 €11,262 -€13,297 -54.1%
Profit (loss) for the period 9904 €62,605 €26,154 -€36,451 -58.2%
Transfer from tax-exempt reserves 789 €2,959 €2,959 = 0.0%
Profit (loss) for the period to be appropriated 9905 €65,564 €29,113 -€36,451 -55.6%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.