IMMO INTER-FAST: 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.
What changed
IMMO INTER-FAST
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€61,645
2024 · €54,494+€7,150
Equity
€1.3m
2024 · €1.2m+€61,645
Cash
€9,211
2024 · €16,628-€7,417
Balance sheet total
€3.0m
2024 · €3.1m-€133,544
Largest movements
Assets
- Tangible fixed assets -€139,448
down €139,448 (-4.5%), from €3.1m to €3.0m
Equity and liabilities
- Debts after one year -€218,533
down €218,533 (-12.5%), from €1.8m to €1.5m
of which Financial debts: -€141,247
- Profit (loss) carried forward +€58,563
up €58,563 (+17.2%), from €339,833 to €398,396
Income statement
- Gross operating margin +€15,028
up €15,028 (+5.2%), from €288,239 to €303,267
- Other operating charges +€4,378
up €4,378 (+17.3%), from €25,360 to €29,738
- Depreciation +€4,143
up €4,143 (+3.1%), from €135,305 to €139,448
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.
Result 2024
€54,494
Gross operating margin
+€15,028
Depreciation
-€4,143
Other operating charges
-€4,378
Financial charges
+€2,635
Taxes
-€1,991
Result 2025
€61,645
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.
From operations
+€210,312
Investment
-€1,000
Financing
-€216,729
Cash 2024
€16,628
From operations (derived)
+€210,312
Net result for the year
+€61,645
Depreciation
+€139,448
Receivables within one year
-€9,814
Deferred charges and accrued income
-€2,507
Trade debts
+€2,432
Tax, wage and social debts
+€10,304
Other debts
-€1,205
Accrued charges and deferred income
+€10,009
Investment (derived)
-€1,000
Investment in fixed assets (net)
-€1,000
Financing
-€216,729
Debts after one year
-€218,533
Current portion of long-term debt
+€1,804
Cash 2025
€9,211
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,111,541 | €2,977,997 | -€133,544 | -4.3% |
| Fixed assets | 21/28 | €3,092,829 | €2,954,381 | -€138,448 | -4.5% |
| Tangible fixed assets | 22/27 | €3,092,829 | €2,953,381 | -€139,448 | -4.5% |
| Land and buildings | 22 | €3,092,829 | €2,953,381 | -€139,448 | -4.5% |
| Financial fixed assets | 28 | - | €1,000 | +€1,000 | |
| Current assets | 29/58 | €18,712 | €23,616 | +€4,904 | +26.2% |
| Amounts receivable within one year | 40/41 | €334 | €10,148 | +€9,814 | +2935.5% |
| Trade receivables | 40 | - | €10,148 | +€10,148 | |
| Other amounts receivable | 41 | €334 | €0 | -€334 | -100.0% |
| Cash at bank and in hand | 54/58 | €16,628 | €9,211 | -€7,417 | -44.6% |
| Deferred charges and accrued income | 490/1 | €1,750 | €4,257 | +€2,507 | +143.3% |
| Total equity and liabilities | 10/49 | €3,111,541 | €2,977,997 | -€133,544 | -4.3% |
| Equity | 10/15 | €1,188,365 | €1,250,009 | +€61,645 | +5.2% |
| Contributions | 10/11 | €786,330 | €786,330 | = | 0.0% |
| Capital | 10 | €786,330 | €786,330 | = | 0.0% |
| Issued capital | 100 | €786,330 | €786,330 | = | 0.0% |
| Reserves | 13 | €62,202 | €65,284 | +€3,082 | +5.0% |
| Non-distributable reserves | 130/1 | €43,255 | €46,337 | +€3,082 | +7.1% |
| Legal reserve | 130 | €43,255 | €46,337 | +€3,082 | +7.1% |
| Tax-exempt reserves | 132 | €18,947 | €18,947 | = | 0.0% |
| Profit (loss) carried forward | 14 | €339,833 | €398,396 | +€58,563 | +17.2% |
| Amounts payable | 17/49 | €1,923,176 | €1,727,988 | -€195,189 | -10.1% |
| Amounts payable after more than one year | 17 | €1,753,308 | €1,534,776 | -€218,533 | -12.5% |
| Financial debts | 170/4 | €859,563 | €718,316 | -€141,247 | -16.4% |
| Other amounts payable | 178/9 | €893,745 | €816,460 | -€77,285 | -8.6% |
| Amounts payable within one year | 42/48 | €169,868 | €183,202 | +€13,335 | +7.8% |
| Current portion of amounts payable after more than one year | 42 | €139,443 | €141,247 | +€1,804 | +1.3% |
| Trade debts | 44 | €666 | €3,098 | +€2,432 | +365.0% |
| Suppliers | 440/4 | €666 | €3,098 | +€2,432 | +365.0% |
| Taxes, remuneration and social security | 45 | €3,324 | €13,628 | +€10,304 | +309.9% |
| Taxes | 450/3 | €3,324 | €13,628 | +€10,304 | +309.9% |
| Other amounts payable | 47/48 | €26,434 | €25,229 | -€1,205 | -4.6% |
| Accrued charges and deferred income | 492/3 | - | €10,009 | +€10,009 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €135,305 | €139,448 | +€4,143 | +3.1% |
| Other operating charges | 640/8 | €25,360 | €29,738 | +€4,378 | +17.3% |
| Gross operating margin | 9900 | €288,239 | €303,267 | +€15,028 | +5.2% |
| Operating profit (loss) | 9901 | €127,574 | €134,081 | +€6,507 | +5.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €39,755 | €37,121 | -€2,635 | -6.6% |
| Recurring financial charges | 65 | €39,755 | €37,121 | -€2,635 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €87,819 | €96,960 | +€9,142 | +10.4% |
| Income taxes | 67/77 | €33,324 | €35,315 | +€1,991 | +6.0% |
| Profit (loss) for the period | 9904 | €54,494 | €61,645 | +€7,150 | +13.1% |
| Profit (loss) for the period to be appropriated | 9905 | €54,494 | €61,645 | +€7,150 | +13.1% |
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 10 October 2026 via checked.be.