IMMO JA: 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.
What changed
IMMO JA
NACE 71.111, Activities of building architects
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€43,307
2024 · -€40,082-€3,226
Equity
€110,273
2024 · €153,580-€43,307
Cash
€7,436
2024 · €6,371+€1,064
Balance sheet total
€734,276
2024 · €777,306-€43,031
Largest movements
Assets
- Tangible fixed assets -€37,230
down €37,230 (-4.9%), from €756,325 to €719,094
of which Land and buildings: -€34,962
Equity and liabilities
- Profit (loss) carried forward -€41,105
down €41,105, from €12,454 to -€28,651
- Other debts +€29,577
up €29,577 (+110.2%), from €26,830 to €56,407
- Debts after one year -€29,013
down €29,013 (-5.5%), from €530,576 to €501,563
Income statement
- Gross operating margin +€28,563
up €28,563, from -€8,380 to €20,183
- Depreciation +€20,294
up €20,294 (+98.0%), from €20,699 to €40,993
- Financial charges +€8,688
up €8,688 (+105.3%), from €8,252 to €16,940
- Other operating charges +€5,286
up €5,286 (+376.4%), from €1,405 to €6,691
- Provisions -€1,914
down €1,914 (-100.0%), from €1,914 to €0
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.
Result 2024
-€40,082
Gross operating margin
+€28,563
Depreciation
-€20,294
Provisions
+€1,914
Other operating charges
-€5,286
Financial income
-€2
Financial charges
-€8,688
Deferred taxes and other
+€567
Result 2025
-€43,307
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.
From operations
+€35,328
Investment
-€3,763
Financing
-€30,501
Cash 2024
€6,371
From operations (derived)
+€35,328
Net result for the year
-€43,307
Depreciation
+€40,993
Receivables within one year
+€6,214
Deferred charges and accrued income
+€651
Provisions
-€1,134
Trade debts
-€3,778
Tax, wage and social debts
+€1,455
Other debts
+€29,577
Accrued charges and deferred income
+€4,658
Investment (derived)
-€3,763
Investment in fixed assets (net)
-€3,763
Financing
-€30,501
Debts after one year
-€29,013
Current portion of long-term debt
-€1,488
Cash 2025
€7,436
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €777,306 | €734,276 | -€43,031 | -5.5% |
| Fixed assets | 21/28 | €756,325 | €719,094 | -€37,230 | -4.9% |
| Tangible fixed assets | 22/27 | €756,325 | €719,094 | -€37,230 | -4.9% |
| Land and buildings | 22 | €726,801 | €691,840 | -€34,962 | -4.8% |
| Plant, machinery and equipment | 23 | €23,742 | €20,540 | -€3,202 | -13.5% |
| Furniture and vehicles | 24 | €2,461 | €1,623 | -€837 | -34.0% |
| Other tangible fixed assets | 26 | €3,320 | €5,091 | +€1,771 | +53.3% |
| Current assets | 29/58 | €20,982 | €15,181 | -€5,800 | -27.6% |
| Amounts receivable within one year | 40/41 | €13,503 | €7,289 | -€6,214 | -46.0% |
| Trade receivables | 40 | €160 | €4,630 | +€4,470 | +2793.8% |
| Other amounts receivable | 41 | €13,343 | €2,659 | -€10,684 | -80.1% |
| Cash at bank and in hand | 54/58 | €6,371 | €7,436 | +€1,064 | +16.7% |
| Deferred charges and accrued income | 490/1 | €1,108 | €457 | -€651 | -58.8% |
| Total equity and liabilities | 10/49 | €777,306 | €734,276 | -€43,031 | -5.5% |
| Equity | 10/15 | €153,580 | €110,273 | -€43,307 | -28.2% |
| Contributions | 10/11 | €2,970 | €2,970 | = | 0.0% |
| Reserves | 13 | €138,156 | €135,954 | -€2,202 | -1.6% |
| Tax-exempt reserves | 132 | €57,340 | €55,138 | -€2,202 | -3.8% |
| Distributable reserves | 133 | €80,815 | €80,815 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,454 | -€28,651 | -€41,105 | |
| Provisions and deferred taxes | 16 | €28,372 | €27,238 | -€1,134 | -4.0% |
| Provisions for liabilities and charges | 160/5 | €1,914 | €1,914 | = | 0.0% |
| Major repairs and maintenance | 162 | €1,914 | €1,914 | = | 0.0% |
| Deferred taxes | 168 | €26,458 | €25,324 | -€1,134 | -4.3% |
| Amounts payable | 17/49 | €595,354 | €596,764 | +€1,410 | +0.2% |
| Amounts payable after more than one year | 17 | €530,576 | €501,563 | -€29,013 | -5.5% |
| Financial debts | 170/4 | €530,576 | €501,563 | -€29,013 | -5.5% |
| Amounts payable within one year | 42/48 | €64,778 | €90,543 | +€25,765 | +39.8% |
| Current portion of amounts payable after more than one year | 42 | €26,215 | €24,727 | -€1,488 | -5.7% |
| Trade debts | 44 | €10,789 | €7,011 | -€3,778 | -35.0% |
| Suppliers | 440/4 | €10,789 | €7,011 | -€3,778 | -35.0% |
| Taxes, remuneration and social security | 45 | €944 | €2,399 | +€1,455 | +154.2% |
| Taxes | 450/3 | €944 | €2,399 | +€1,455 | +154.2% |
| Other amounts payable | 47/48 | €26,830 | €56,407 | +€29,577 | +110.2% |
| Accrued charges and deferred income | 492/3 | - | €4,658 | +€4,658 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,699 | €40,993 | +€20,294 | +98.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €1,914 | €0 | -€1,914 | -100.0% |
| Other operating charges | 640/8 | €1,405 | €6,691 | +€5,286 | +376.4% |
| Gross operating margin | 9900 | -€8,380 | €20,183 | +€28,563 | |
| Operating profit (loss) | 9901 | -€32,398 | -€27,501 | +€4,897 | +15.1% |
| Financial income | 75/76B | €2 | €0 | -€2 | -100.0% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -100.0% |
| Financial charges | 65/66B | €8,252 | €16,940 | +€8,688 | +105.3% |
| Recurring financial charges | 65 | €8,252 | €16,940 | +€8,688 | +105.3% |
| Profit (loss) for the period before taxes | 9903 | -€40,648 | -€44,441 | -€3,793 | -9.3% |
| Transfer from deferred taxes | 780 | €567 | €1,134 | +€567 | +100.0% |
| Profit (loss) for the period | 9904 | -€40,082 | -€43,307 | -€3,226 | -8.0% |
| Transfer from tax-exempt reserves | 789 | €1,101 | €2,202 | +€1,101 | +100.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,981 | -€41,105 | -€2,125 | -5.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.