IMMO J en H: 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 J en H
Largest movements
- Tangible fixed assets -€18,274
down €18,274 (-3.1%), from €588,755 to €570,481
of which Other tangible fixed assets: -€17,992
- Short-term financial debts +€206,000
new in 2025: €206,000
- Other debts -€172,167
down €172,167 (-81.5%), from €211,339 to €39,172
- Reserves -€43,767
down €43,767 (-14.3%), from €306,393 to €262,626
of which Distributable reserves: -€43,767
- Gross operating margin -€22,351
down €22,351, from €19,583 to -€2,768
- Depreciation -€2,218
down €2,218 (-9.9%), from €22,491 to €20,273
- Other operating charges +€1,215
up €1,215 (+17.6%), from €6,914 to €8,129
- Financial charges -€1,010
down €1,010 (-6.3%), from €16,105 to €15,095
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 | €830,932 | €819,183 | -€11,749 | -1.4% |
| Fixed assets | 21/28 | €588,804 | €570,529 | -€18,274 | -3.1% |
| Tangible fixed assets | 22/27 | €588,755 | €570,481 | -€18,274 | -3.1% |
| Land and buildings | 22 | €309,263 | €309,263 | = | 0.0% |
| Furniture and vehicles | 24 | €283 | - | -€283 | |
| Other tangible fixed assets | 26 | €279,209 | €261,217 | -€17,992 | -6.4% |
| Financial fixed assets | 28 | €49 | €49 | = | 0.0% |
| Current assets | 29/58 | €242,129 | €248,654 | +€6,525 | +2.7% |
| Amounts receivable after more than one year | 29 | €169,874 | €175,537 | +€5,663 | +3.3% |
| Other amounts receivable | 291 | €169,874 | €175,537 | +€5,663 | +3.3% |
| Stocks and contracts in progress | 3 | €2,550 | €2,550 | = | 0.0% |
| Stocks | 30/36 | €2,550 | €2,550 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,386 | €10,386 | = | 0.0% |
| Other amounts receivable | 41 | €10,386 | €10,386 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €51,975 | €54,369 | +€2,394 | +4.6% |
| Deferred charges and accrued income | 490/1 | €7,344 | €5,812 | -€1,532 | -20.9% |
| Total equity and liabilities | 10/49 | €830,932 | €819,183 | -€11,749 | -1.4% |
| Equity | 10/15 | €529,919 | €486,152 | -€43,767 | -8.3% |
| Contributions | 10/11 | €215,000 | €215,000 | = | 0.0% |
| Capital | 10 | €215,000 | €215,000 | = | 0.0% |
| Issued capital | 100 | €215,000 | €215,000 | = | 0.0% |
| Revaluation surpluses | 12 | €8,526 | €8,526 | = | 0.0% |
| Reserves | 13 | €306,393 | €262,626 | -€43,767 | -14.3% |
| Non-distributable reserves | 130/1 | €21,500 | €21,500 | = | 0.0% |
| Legal reserve | 130 | €21,500 | €21,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,904 | €1,904 | = | 0.0% |
| Distributable reserves | 133 | €282,988 | €239,221 | -€43,767 | -15.5% |
| Amounts payable | 17/49 | €301,014 | €333,031 | +€32,018 | +10.6% |
| Amounts payable after more than one year | 17 | €66,740 | €68,127 | +€1,387 | +2.1% |
| Financial debts | 170/4 | €66,740 | €68,127 | +€1,387 | +2.1% |
| Amounts payable within one year | 42/48 | €218,792 | €252,529 | +€33,736 | +15.4% |
| Financial debts | 43 | - | €206,000 | +€206,000 | |
| Credit institutions | 430/8 | - | €206,000 | +€206,000 | |
| Trade debts | 44 | €5,821 | €7,356 | +€1,536 | +26.4% |
| Suppliers | 440/4 | €5,821 | €7,356 | +€1,536 | +26.4% |
| Taxes, remuneration and social security | 45 | €1,632 | - | -€1,632 | |
| Taxes | 450/3 | €1,632 | - | -€1,632 | |
| Other amounts payable | 47/48 | €211,339 | €39,172 | -€172,167 | -81.5% |
| Accrued charges and deferred income | 492/3 | €15,481 | €12,375 | -€3,106 | -20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,491 | €20,273 | -€2,218 | -9.9% |
| Other operating charges | 640/8 | €6,914 | €8,129 | +€1,215 | +17.6% |
| Gross operating margin | 9900 | €19,583 | -€2,768 | -€22,351 | |
| Operating profit (loss) | 9901 | -€9,822 | -€31,170 | -€21,348 | -217% |
| Financial income | 75/76B | €2,561 | €2,498 | -€63 | -2.5% |
| Recurring financial income | 75 | €2,561 | €2,498 | -€63 | -2.5% |
| Financial charges | 65/66B | €16,105 | €15,095 | -€1,010 | -6.3% |
| Recurring financial charges | 65 | €16,105 | €15,095 | -€1,010 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | -€23,365 | -€43,767 | -€20,402 | -87.3% |
| Profit (loss) for the period | 9904 | -€23,365 | -€43,767 | -€20,402 | -87.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,365 | -€43,767 | -€20,402 | -87.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.