IMMO JAC: 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 JAC
Largest movements
- Tangible fixed assets +€53,740
up €53,740 (+20.7%), from €259,793 to €313,533
of which Land and buildings: +€55,210
- Receivables within one year +€6,955
up €6,955 (+15.7%), from €44,417 to €51,371
- Accrued charges and deferred income +€72,000
new in 2025: €72,000
- Debts after one year -€18,795
down €18,795 (-36.3%), from €51,760 to €32,965
- Profit (loss) carried forward +€4,950
up €4,950 (+1.5%), from -€337,280 to -€332,330
- Other operating charges +€3,480
up €3,480 (+67.9%), from €5,123 to €8,603
- Depreciation -€1,820
down €1,820 (-5.5%), from €33,269 to €31,449
- Gross operating margin +€1,068
up €1,068 (+2.1%), from €51,339 to €52,407
- Financial charges +€772
up €772 (+14.2%), from €5,429 to €6,200
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 | €309,888 | €372,089 | +€62,200 | +20.1% |
| Fixed assets | 21/28 | €264,545 | €318,285 | +€53,740 | +20.3% |
| Tangible fixed assets | 22/27 | €259,793 | €313,533 | +€53,740 | +20.7% |
| Land and buildings | 22 | €258,322 | €313,533 | +€55,210 | +21.4% |
| Plant, machinery and equipment | 23 | €112 | - | -€112 | |
| Furniture and vehicles | 24 | €1,358 | - | -€1,358 | |
| Financial fixed assets | 28 | €4,752 | €4,752 | = | 0.0% |
| Current assets | 29/58 | €45,343 | €53,804 | +€8,460 | +18.7% |
| Amounts receivable within one year | 40/41 | €44,417 | €51,371 | +€6,955 | +15.7% |
| Other amounts receivable | 41 | €44,417 | €51,371 | +€6,955 | +15.7% |
| Cash at bank and in hand | 54/58 | - | €2,433 | +€2,433 | |
| Deferred charges and accrued income | 490/1 | €927 | - | -€927 | |
| Total equity and liabilities | 10/49 | €309,888 | €372,089 | +€62,200 | +20.1% |
| Equity | 10/15 | -€38,465 | -€33,515 | +€4,950 | +12.9% |
| Contributions | 10/11 | €298,815 | €298,815 | = | 0.0% |
| Capital | 10 | €298,815 | €298,815 | = | 0.0% |
| Issued capital | 100 | €298,815 | €298,815 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€337,280 | -€332,330 | +€4,950 | +1.5% |
| Amounts payable | 17/49 | €348,353 | €405,603 | +€57,250 | +16.4% |
| Amounts payable after more than one year | 17 | €51,760 | €32,965 | -€18,795 | -36.3% |
| Financial debts | 170/4 | €51,760 | €32,965 | -€18,795 | -36.3% |
| Amounts payable within one year | 42/48 | €296,593 | €300,638 | +€4,045 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €17,773 | €18,474 | +€701 | +3.9% |
| Trade debts | 44 | €4,873 | €5,723 | +€850 | +17.4% |
| Suppliers | 440/4 | €4,873 | €5,723 | +€850 | +17.4% |
| Taxes, remuneration and social security | 45 | €892 | - | -€892 | |
| Taxes | 450/3 | €892 | - | -€892 | |
| Other amounts payable | 47/48 | €273,056 | €276,441 | +€3,386 | +1.2% |
| Accrued charges and deferred income | 492/3 | - | €72,000 | +€72,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,269 | €31,449 | -€1,820 | -5.5% |
| Other operating charges | 640/8 | €5,123 | €8,603 | +€3,480 | +67.9% |
| Gross operating margin | 9900 | €51,339 | €52,407 | +€1,068 | +2.1% |
| Operating profit (loss) | 9901 | €12,947 | €12,355 | -€592 | -4.6% |
| Financial income | 75/76B | €989 | €1,196 | +€207 | +20.9% |
| Recurring financial income | 75 | €989 | €1,196 | +€207 | +20.9% |
| Financial charges | 65/66B | €5,429 | €6,200 | +€772 | +14.2% |
| Recurring financial charges | 65 | €5,429 | €6,200 | +€772 | +14.2% |
| Profit (loss) for the period before taxes | 9903 | €8,507 | €7,350 | -€1,157 | -13.6% |
| Income taxes | 67/77 | €2,392 | €2,400 | +€8 | +0.3% |
| Profit (loss) for the period | 9904 | €6,115 | €4,950 | -€1,165 | -19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,115 | €4,950 | -€1,165 | -19.1% |
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 30 September 2026 via checked.be.