IMMO IRIS: 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.
IMMO IRIS
Largest movements
- Financial fixed assets -€630,000
down €630,000 (-96.0%), from €656,560 to €26,560
- Tangible fixed assets -€628,824
down €628,824 (-3.5%), from €18.2m to €17.5m
- Deferred charges and accrued income -€583,387
down €583,387 (-99.9%), from €583,895 to €509
- Receivables within one year -€571,747
down €571,747 (-2.7%), from €21.4m to €20.8m
of which Other amounts receivable: -€569,655
- Current portion of long-term debt -€1.3m
down €1.3m (-48.0%), from €2.7m to €1.4m
- Debts after one year -€1.0m
down €1.0m (-9.3%), from €11.3m to €10.2m
- Reserves +€842,727
up €842,727 (+6.9%), from €12.2m to €13.1m
of which Distributable reserves: +€635,529
- Other debts -€583,841
down €583,841 (-26.0%), from €2.2m to €1.7m
- Gross operating margin +€86,301
up €86,301 (+5.0%), from €1.7m to €1.8m
- Financial charges -€41,995
down €41,995 (-8.9%), from €471,449 to €429,453
- Financial income -€27,695
down €27,695 (-5.0%), from €557,080 to €529,385
- Taxes +€26,377
up €26,377 (+8.7%), from €302,161 to €328,538
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 | €40,852,279 | €38,502,154 | -€2.4m | -5.8% |
| Fixed assets | 21/28 | €18,822,162 | €17,563,338 | -€1.3m | -6.7% |
| Tangible fixed assets | 22/27 | €18,165,602 | €17,536,778 | -€628,824 | -3.5% |
| Land and buildings | 22 | €18,165,602 | €17,536,778 | -€628,824 | -3.5% |
| Financial fixed assets | 28 | €656,560 | €26,560 | -€630,000 | -96.0% |
| Current assets | 29/58 | €22,030,117 | €20,938,816 | -€1.1m | -5.0% |
| Amounts receivable after more than one year | 29 | €4,588 | €4,588 | = | 0.0% |
| Other amounts receivable | 291 | €4,588 | €4,588 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €21,392,776 | €20,821,029 | -€571,747 | -2.7% |
| Trade receivables | 40 | €2,346 | €254 | -€2,092 | -89.2% |
| Other amounts receivable | 41 | €21,390,430 | €20,820,775 | -€569,655 | -2.7% |
| Cash at bank and in hand | 54/58 | €48,857 | €112,691 | +€63,834 | +130.7% |
| Deferred charges and accrued income | 490/1 | €583,895 | €509 | -€583,387 | -99.9% |
| Total equity and liabilities | 10/49 | €40,852,279 | €38,502,154 | -€2.4m | -5.8% |
| Equity | 10/15 | €23,602,256 | €24,444,982 | +€842,727 | +3.6% |
| Contributions | 10/11 | €11,360,000 | €11,360,000 | = | 0.0% |
| Capital | 10 | €11,360,000 | €11,360,000 | = | 0.0% |
| Issued capital | 100 | €11,360,000 | €11,360,000 | = | 0.0% |
| Reserves | 13 | €12,242,256 | €13,084,982 | +€842,727 | +6.9% |
| Non-distributable reserves | 130/1 | €523,896 | €557,345 | +€33,449 | +6.4% |
| Legal reserve | 130 | €523,896 | €557,345 | +€33,449 | +6.4% |
| Tax-exempt reserves | 132 | €2,842,821 | €3,016,569 | +€173,749 | +6.1% |
| Distributable reserves | 133 | €8,875,539 | €9,511,068 | +€635,529 | +7.2% |
| Provisions and deferred taxes | 16 | €396,045 | €364,148 | -€31,897 | -8.1% |
| Deferred taxes | 168 | €396,045 | €364,148 | -€31,897 | -8.1% |
| Amounts payable | 17/49 | €16,853,978 | €13,693,024 | -€3.2m | -18.8% |
| Amounts payable after more than one year | 17 | €11,280,782 | €10,231,193 | -€1.0m | -9.3% |
| Financial debts | 170/4 | €11,280,782 | €10,231,193 | -€1.0m | -9.3% |
| Amounts payable within one year | 42/48 | €5,229,488 | €3,460,851 | -€1.8m | -33.8% |
| Current portion of amounts payable after more than one year | 42 | €2,703,580 | €1,407,087 | -€1.3m | -48.0% |
| Trade debts | 44 | €84,434 | €80,952 | -€3,482 | -4.1% |
| Suppliers | 440/4 | €84,434 | €80,952 | -€3,482 | -4.1% |
| Taxes, remuneration and social security | 45 | €197,390 | €312,570 | +€115,180 | +58.4% |
| Taxes | 450/3 | €197,390 | €312,570 | +€115,180 | +58.4% |
| Other amounts payable | 47/48 | €2,244,083 | €1,660,242 | -€583,841 | -26.0% |
| Accrued charges and deferred income | 492/3 | €343,708 | €981 | -€342,728 | -99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €605,324 | €605,324 | = | 0.0% |
| Other operating charges | 640/8 | €152,953 | €168,851 | +€15,899 | +10.4% |
| Gross operating margin | 9900 | €1,727,309 | €1,813,610 | +€86,301 | +5.0% |
| Operating profit (loss) | 9901 | €969,032 | €1,039,435 | +€70,403 | +7.3% |
| Financial income | 75/76B | €557,080 | €529,385 | -€27,695 | -5.0% |
| Recurring financial income | 75 | €557,080 | €529,385 | -€27,695 | -5.0% |
| Financial charges | 65/66B | €471,449 | €429,453 | -€41,995 | -8.9% |
| Recurring financial charges | 65 | €471,449 | €429,453 | -€41,995 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €1,054,664 | €1,139,367 | +€84,703 | +8.0% |
| Transfer from deferred taxes | 780 | €31,897 | €31,897 | = | 0.0% |
| Income taxes | 67/77 | €302,161 | €328,538 | +€26,377 | +8.7% |
| Profit (loss) for the period | 9904 | €784,400 | €842,727 | +€58,327 | +7.4% |
| Transfer from tax-exempt reserves | 789 | €145,531 | €95,691 | -€49,840 | -34.2% |
| Transfer to tax-exempt reserves | 689 | €631,500 | €269,440 | -€362,060 | -57.3% |
| Profit (loss) for the period to be appropriated | 9905 | €298,431 | €668,978 | +€370,547 | +124.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2024 and 31 January 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.