IMMO-INVEST: 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-INVEST
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Reserves +€5,550
up €5,550 (+18.8%), from €29,557 to €35,107
- Trade debts -€4,358
down €4,358 (-18.4%), from €23,648 to €19,290
- Debts after one year -€3,860
down €3,860 (-3.5%), from €108,750 to €104,890
- Other debts +€3,758
up €3,758 (+46.3%), from €8,119 to €11,877
- Gross operating margin +€2,069
up €2,069 (+26.8%), from €7,719 to €9,788
- Taxes -€1,406
down €1,406 (-84.7%), from €1,659 to €253
- Financial charges -€654
down €654 (-98.9%), from €661 to €7
- Depreciation -€421
down €421 (-14.5%), from €2,898 to €2,477
- Other operating charges -€343
down €343 (-18.6%), from €1,843 to €1,500
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 | €340,177 | €341,517 | +€1,340 | +0.4% |
| Fixed assets | 21/28 | €327,504 | €325,027 | -€2,477 | -0.8% |
| Tangible fixed assets | 22/27 | €177,504 | €175,027 | -€2,477 | -1.4% |
| Land and buildings | 22 | €177,504 | €175,027 | -€2,477 | -1.4% |
| Financial fixed assets | 28 | €150,000 | €150,000 | = | 0.0% |
| Current assets | 29/58 | €12,673 | €16,490 | +€3,817 | +30.1% |
| Amounts receivable within one year | 40/41 | €4,040 | €2,427 | -€1,613 | -39.9% |
| Other amounts receivable | 41 | €4,040 | €2,427 | -€1,613 | -39.9% |
| Cash at bank and in hand | 54/58 | €1,110 | €3,763 | +€2,653 | +239% |
| Deferred charges and accrued income | 490/1 | €7,523 | €10,300 | +€2,777 | +36.9% |
| Total equity and liabilities | 10/49 | €340,177 | €341,517 | +€1,340 | +0.4% |
| Equity | 10/15 | €195,621 | €201,171 | +€5,550 | +2.8% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €29,557 | €35,107 | +€5,550 | +18.8% |
| Distributable reserves | 133 | €29,557 | €35,107 | +€5,550 | +18.8% |
| Profit (loss) carried forward | 14 | €144,064 | €144,064 | = | 0.0% |
| Amounts payable | 17/49 | €144,556 | €140,346 | -€4,210 | -2.9% |
| Amounts payable after more than one year | 17 | €108,750 | €104,890 | -€3,860 | -3.5% |
| Financial debts | 170/4 | €108,750 | €104,890 | -€3,860 | -3.5% |
| Amounts payable within one year | 42/48 | €35,806 | €35,206 | -€600 | -1.7% |
| Trade debts | 44 | €23,648 | €19,290 | -€4,358 | -18.4% |
| Suppliers | 440/4 | €23,648 | €19,290 | -€4,358 | -18.4% |
| Taxes, remuneration and social security | 45 | €4,039 | €4,039 | = | 0.0% |
| Taxes | 450/3 | €4,039 | €4,039 | = | 0.0% |
| Other amounts payable | 47/48 | €8,119 | €11,877 | +€3,758 | +46.3% |
| Accrued charges and deferred income | 492/3 | - | €250 | +€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,898 | €2,477 | -€421 | -14.5% |
| Other operating charges | 640/8 | €1,843 | €1,500 | -€343 | -18.6% |
| Gross operating margin | 9900 | €7,719 | €9,788 | +€2,069 | +26.8% |
| Operating profit (loss) | 9901 | €2,978 | €5,811 | +€2,833 | +95.1% |
| Financial charges | 65/66B | €661 | €7 | -€654 | -98.9% |
| Recurring financial charges | 65 | €661 | €7 | -€654 | -98.9% |
| Profit (loss) for the period before taxes | 9903 | €2,317 | €5,804 | +€3,487 | +150% |
| Income taxes | 67/77 | €1,659 | €253 | -€1,406 | -84.7% |
| Profit (loss) for the period | 9904 | €658 | €5,551 | +€4,893 | +744% |
| Profit (loss) for the period to be appropriated | 9905 | €658 | €5,551 | +€4,893 | +744% |
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 28 October 2026 via checked.be.