Immo Janssen: 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 Janssen
Largest movements
- Cash +€5,069
up €5,069 (+7.8%), from €65,270 to €70,339
mainly Net result for the year (+€7,312) and Depreciation (+€3,436)
- Tangible fixed assets -€3,436
down €3,436 (-4.8%), from €71,814 to €68,378
- Reserves +€2,594
up €2,594 (+4.7%), from €55,523 to €58,116
of which Distributable reserves: +€2,594
- Gross operating margin +€1,509
up €1,509 (+10.4%), from €14,475 to €15,984
- Taxes +€286
up €286 (+9.0%), from €3,169 to €3,455
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 | €138,174 | €139,888 | +€1,714 | +1.2% |
| Fixed assets | 21/28 | €71,814 | €68,378 | -€3,436 | -4.8% |
| Tangible fixed assets | 22/27 | €71,814 | €68,378 | -€3,436 | -4.8% |
| Land and buildings | 22 | €71,814 | €68,378 | -€3,436 | -4.8% |
| Current assets | 29/58 | €66,360 | €71,510 | +€5,150 | +7.8% |
| Amounts receivable within one year | 40/41 | €1,091 | €1,171 | +€81 | +7.4% |
| Trade receivables | 40 | €1,091 | €1,171 | +€81 | +7.4% |
| Cash at bank and in hand | 54/58 | €65,270 | €70,339 | +€5,069 | +7.8% |
| Total equity and liabilities | 10/49 | €138,174 | €139,888 | +€1,714 | +1.2% |
| Equity | 10/15 | €123,693 | €126,287 | +€2,594 | +2.1% |
| Contributions | 10/11 | €68,171 | €68,171 | = | 0.0% |
| Capital | 10 | €68,171 | €68,171 | = | 0.0% |
| Issued capital | 100 | €68,171 | €68,171 | = | 0.0% |
| Reserves | 13 | €55,523 | €58,116 | +€2,594 | +4.7% |
| Non-distributable reserves | 130/1 | €6,817 | €6,817 | = | 0.0% |
| Legal reserve | 130 | €6,817 | €6,817 | = | 0.0% |
| Distributable reserves | 133 | €48,705 | €51,299 | +€2,594 | +5.3% |
| Amounts payable | 17/49 | €14,481 | €13,601 | -€880 | -6.1% |
| Amounts payable within one year | 42/48 | €14,481 | €13,101 | -€1,380 | -9.5% |
| Trade debts | 44 | €575 | €726 | +€151 | +26.3% |
| Suppliers | 440/4 | €575 | €726 | +€151 | +26.3% |
| Advances received on contracts in progress | 46 | €4,514 | €4,514 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €5,405 | €4,374 | -€1,031 | -19.1% |
| Taxes | 450/3 | €5,405 | €4,374 | -€1,031 | -19.1% |
| Other amounts payable | 47/48 | €3,987 | €3,487 | -€500 | -12.5% |
| Accrued charges and deferred income | 492/3 | - | €500 | +€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,436 | €3,436 | = | 0.0% |
| Other operating charges | 640/8 | €1,620 | €1,735 | +€115 | +7.1% |
| Gross operating margin | 9900 | €14,475 | €15,984 | +€1,509 | +10.4% |
| Operating profit (loss) | 9901 | €9,419 | €10,812 | +€1,394 | +14.8% |
| Financial income | 75/76B | €64 | - | -€64 | |
| Recurring financial income | 75 | €64 | - | -€64 | |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.5% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €9,439 | €10,767 | +€1,328 | +14.1% |
| Income taxes | 67/77 | €3,169 | €3,455 | +€286 | +9.0% |
| Profit (loss) for the period | 9904 | €6,270 | €7,312 | +€1,042 | +16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,270 | €7,312 | +€1,042 | +16.6% |
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 4 October 2026 via checked.be.