IMMO J.F.: 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.F.
Largest movements
- Tangible fixed assets -€20,044
down €20,044 (-6.2%), from €321,915 to €301,871
of which Land and buildings: -€17,528
- Cash +€6,393
up €6,393 (+7.4%), from €86,799 to €93,192
mainly Depreciation (+€20,044) and Net result for the year (+€7,801)
- Debts after one year -€21,767
down €21,767 (-16.3%), from €133,814 to €112,047
- Profit (loss) carried forward +€11,540
up €11,540 (+21.6%), from €53,510 to €65,050
- Gross operating margin -€4,997
down €4,997 (-12.0%), from €41,706 to €36,709
- Other operating charges -€4,581
down €4,581 (-61.4%), from €7,466 to €2,885
- Purchases and services +€3,883
new in 2025: €3,883
- Financial charges -€680
down €680 (-25.0%), from €2,718 to €2,038
- Depreciation -€450
down €450 (-2.2%), from €20,494 to €20,044
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 | €535,161 | €521,510 | -€13,651 | -2.6% |
| Fixed assets | 21/28 | €445,862 | €425,818 | -€20,044 | -4.5% |
| Tangible fixed assets | 22/27 | €321,915 | €301,871 | -€20,044 | -6.2% |
| Land and buildings | 22 | €311,850 | €294,322 | -€17,528 | -5.6% |
| Other tangible fixed assets | 26 | €10,065 | €7,549 | -€2,516 | -25.0% |
| Financial fixed assets | 28 | €123,947 | €123,947 | = | 0.0% |
| Current assets | 29/58 | €89,299 | €95,692 | +€6,393 | +7.2% |
| Cash at bank and in hand | 54/58 | €86,799 | €93,192 | +€6,393 | +7.4% |
| Deferred charges and accrued income | 490/1 | €2,500 | €2,500 | = | 0.0% |
| Total equity and liabilities | 10/49 | €535,161 | €521,510 | -€13,651 | -2.6% |
| Equity | 10/15 | €174,124 | €181,925 | +€7,801 | +4.5% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Capital | 10 | €49,579 | €49,579 | = | 0.0% |
| Issued capital | 100 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €71,035 | €67,296 | -€3,739 | -5.3% |
| Tax-exempt reserves | 132 | €71,035 | €67,296 | -€3,739 | -5.3% |
| Profit (loss) carried forward | 14 | €53,510 | €65,050 | +€11,540 | +21.6% |
| Amounts payable | 17/49 | €361,037 | €339,585 | -€21,452 | -5.9% |
| Amounts payable after more than one year | 17 | €133,814 | €112,047 | -€21,767 | -16.3% |
| Financial debts | 170/4 | €133,814 | €112,047 | -€21,767 | -16.3% |
| Amounts payable within one year | 42/48 | €227,223 | €227,538 | +€315 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €23,706 | €23,706 | = | 0.0% |
| Other amounts payable | 47/48 | €203,517 | €203,832 | +€315 | +0.2% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €3,883 | +€3,883 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,494 | €20,044 | -€450 | -2.2% |
| Other operating charges | 640/8 | €7,466 | €2,885 | -€4,581 | -61.4% |
| Gross operating margin | 9900 | €41,706 | €36,709 | -€4,997 | -12.0% |
| Operating profit (loss) | 9901 | €13,746 | €13,780 | +€34 | +0.2% |
| Financial charges | 65/66B | €2,718 | €2,038 | -€680 | -25.0% |
| Recurring financial charges | 65 | €2,718 | €2,038 | -€680 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | €11,028 | €11,742 | +€714 | +6.5% |
| Income taxes | 67/77 | €4,167 | €3,941 | -€226 | -5.4% |
| Profit (loss) for the period | 9904 | €6,861 | €7,801 | +€940 | +13.7% |
| Transfer from tax-exempt reserves | 789 | €3,739 | €3,739 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,600 | €11,540 | +€940 | +8.9% |
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 19 October 2026 via checked.be.