IMMO ITTROISE: 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 ITTROISE
Largest movements
- Stocks and contracts +€571,094
up €571,094 (+19.9%), from €2.9m to €3.4m
- Receivables within one year +€394,812
up €394,812 (+37.1%), from €1.1m to €1.5m
- Cash -€207,068
down €207,068 (-61.2%), from €338,346 to €131,277
mainly Stocks and contracts (-€571,094) and Receivables within one year (-€394,812)
- Contributions +€450,000
up €450,000 (+117%), from €385,000 to €835,000
- Debts after one year -€254,924
down €254,924 (-36.0%), from €708,294 to €453,370
- Other debts +€253,697
up €253,697 (+10.5%), from €2.4m to €2.7m
- Advances received +€153,699
up €153,699 (+89.4%), from €171,950 to €325,649
- Profit (loss) carried forward +€74,369
up €74,369 (+19.2%), from €387,545 to €461,914
- Gross operating margin +€373,908
up €373,908 (+78.0%), from €479,211 to €853,119
- Staff costs +€285,678
up €285,678 (+130%), from €219,105 to €504,783
- Financial charges +€103,852
up €103,852 (+1,946%), from €5,338 to €109,190
- Taxes +€67,426
up €67,426 (+499%), from €13,502 to €80,928
- Depreciation +€10,743
up €10,743 (+25.5%), from €42,156 to €52,898
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 | €4,392,176 | €5,177,195 | +€785,018 | +17.9% |
| Fixed assets | 21/28 | €115,104 | €97,696 | -€17,407 | -15.1% |
| Tangible fixed assets | 22/27 | €114,354 | €95,246 | -€19,107 | -16.7% |
| Plant, machinery and equipment | 23 | - | €1,441 | +€1,441 | |
| Furniture and vehicles | 24 | €114,354 | €93,805 | -€20,548 | -18.0% |
| Financial fixed assets | 28 | €750 | €2,450 | +€1,700 | +227% |
| Current assets | 29/58 | €4,277,073 | €5,079,499 | +€802,426 | +18.8% |
| Stocks and contracts in progress | 3 | €2,867,413 | €3,438,507 | +€571,094 | +19.9% |
| Stocks | 30/36 | €2,867,413 | €3,438,507 | +€571,094 | +19.9% |
| Amounts receivable within one year | 40/41 | €1,064,169 | €1,458,980 | +€394,812 | +37.1% |
| Trade receivables | 40 | €1,064,169 | €1,458,980 | +€394,812 | +37.1% |
| Cash at bank and in hand | 54/58 | €338,346 | €131,277 | -€207,068 | -61.2% |
| Deferred charges and accrued income | 490/1 | €7,146 | €50,734 | +€43,589 | +610% |
| Total equity and liabilities | 10/49 | €4,392,176 | €5,177,195 | +€785,018 | +17.9% |
| Equity | 10/15 | €772,545 | €1,296,914 | +€524,369 | +67.9% |
| Contributions | 10/11 | €385,000 | €835,000 | +€450,000 | +117% |
| Profit (loss) carried forward | 14 | €387,545 | €461,914 | +€74,369 | +19.2% |
| Amounts payable | 17/49 | €3,619,631 | €3,880,281 | +€260,650 | +7.2% |
| Amounts payable after more than one year | 17 | €708,294 | €453,370 | -€254,924 | -36.0% |
| Financial debts | 170/4 | €708,294 | €453,370 | -€254,924 | -36.0% |
| Amounts payable within one year | 42/48 | €2,911,337 | €3,426,911 | +€515,574 | +17.7% |
| Current portion of amounts payable after more than one year | 42 | €3,819 | €51,207 | +€47,387 | +1,241% |
| Trade debts | 44 | €222,964 | €242,827 | +€19,862 | +8.9% |
| Suppliers | 440/4 | €222,964 | €242,827 | +€19,862 | +8.9% |
| Advances received on contracts in progress | 46 | €171,950 | €325,649 | +€153,699 | +89.4% |
| Taxes, remuneration and social security | 45 | €91,833 | €132,761 | +€40,928 | +44.6% |
| Taxes | 450/3 | €65,710 | €96,872 | +€31,161 | +47.4% |
| Remuneration and social security | 454/9 | €26,122 | €35,889 | +€9,767 | +37.4% |
| Other amounts payable | 47/48 | €2,420,771 | €2,674,468 | +€253,697 | +10.5% |
| Remuneration, social security and pensions | 62 | €219,105 | €504,783 | +€285,678 | +130% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,156 | €52,898 | +€10,743 | +25.5% |
| Other operating charges | 640/8 | €27,991 | €19,264 | -€8,727 | -31.2% |
| Non-recurring operating charges | 66A | €147,552 | €13,000 | -€134,552 | -91.2% |
| Gross operating margin | 9900 | €479,211 | €853,119 | +€373,908 | +78.0% |
| Operating profit (loss) | 9901 | €42,407 | €263,173 | +€220,766 | +521% |
| Financial income | 75/76B | €92 | €1,314 | +€1,221 | +1,322% |
| Recurring financial income | 75 | €92 | €1,314 | +€1,221 | +1,322% |
| Financial charges | 65/66B | €5,338 | €109,190 | +€103,852 | +1,946% |
| Recurring financial charges | 65 | €5,338 | €109,190 | +€103,852 | +1,946% |
| Profit (loss) for the period before taxes | 9903 | €37,162 | €155,297 | +€118,135 | +318% |
| Income taxes | 67/77 | €13,502 | €80,928 | +€67,426 | +499% |
| Profit (loss) for the period | 9904 | €23,660 | €74,369 | +€50,709 | +214% |
| Profit (loss) for the period to be appropriated | 9905 | €23,660 | €74,369 | +€50,709 | +214% |
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 23 October 2026 via checked.be.