IMMO JECO: 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 JECO
Largest movements
- Receivables within one year -€714,928
down €714,928 (-94.4%), from €757,103 to €42,174
of which Other amounts receivable: -€677,103
- Tangible fixed assets -€172,296
down €172,296 (-5.0%), from €3.4m to €3.2m
- Short-term financial debts -€2.0m
down €2.0m (-100%), from €2.0m to €0
- Other debts +€1.2m
up €1.2m (+909%), from €134,264 to €1.4m
- Debts after one year -€241,564
down €241,564 (-7.4%), from €3.3m to €3.0m
- Gross operating margin +€96,938
up €96,938 (+32.6%), from €296,929 to €393,866
- Financial charges +€50,272
up €50,272 (+48.6%), from €103,409 to €153,681
- Other operating charges +€16,212
up €16,212 (+94.2%), from €17,213 to €33,425
- Depreciation +€4,022
up €4,022 (+2.0%), from €199,279 to €203,301
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 | €5,768,979 | €4,826,924 | -€942,055 | -16.3% |
| Fixed assets | 21/28 | €4,916,747 | €4,744,451 | -€172,296 | -3.5% |
| Tangible fixed assets | 22/27 | €3,412,164 | €3,239,868 | -€172,296 | -5.0% |
| Land and buildings | 22 | €3,412,164 | €3,239,868 | -€172,296 | -5.0% |
| Financial fixed assets | 28 | €1,504,584 | €1,504,584 | = | 0.0% |
| Current assets | 29/58 | €852,232 | €82,473 | -€769,759 | -90.3% |
| Amounts receivable after more than one year | 29 | €50,000 | €0 | -€50,000 | -100% |
| Trade receivables | 290 | €50,000 | €0 | -€50,000 | -100% |
| Amounts receivable within one year | 40/41 | €757,103 | €42,174 | -€714,928 | -94.4% |
| Trade receivables | 40 | €80,000 | €42,174 | -€37,826 | -47.3% |
| Other amounts receivable | 41 | €677,103 | €0 | -€677,103 | -100% |
| Cash at bank and in hand | 54/58 | €40,943 | €29,762 | -€11,181 | -27.3% |
| Deferred charges and accrued income | 490/1 | €4,187 | €10,537 | +€6,350 | +152% |
| Total equity and liabilities | 10/49 | €5,768,979 | €4,826,924 | -€942,055 | -16.3% |
| Equity | 10/15 | €169,272 | €172,733 | +€3,461 | +2.0% |
| Contributions | 10/11 | €108,156 | €108,156 | = | 0.0% |
| Capital | 10 | €108,156 | €108,156 | = | 0.0% |
| Issued capital | 100 | €108,156 | €108,156 | = | 0.0% |
| Reserves | 13 | €84,085 | €84,085 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,076 | €3,076 | = | 0.0% |
| Legal reserve | 130 | €3,076 | €3,076 | = | 0.0% |
| Distributable reserves | 133 | €81,009 | €81,009 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,969 | -€19,508 | +€3,461 | +15.1% |
| Amounts payable | 17/49 | €5,599,707 | €4,654,192 | -€945,516 | -16.9% |
| Amounts payable after more than one year | 17 | €3,277,412 | €3,035,849 | -€241,564 | -7.4% |
| Financial debts | 170/4 | €3,277,412 | €3,035,849 | -€241,564 | -7.4% |
| Amounts payable within one year | 42/48 | €2,322,295 | €1,618,343 | -€703,952 | -30.3% |
| Current portion of amounts payable after more than one year | 42 | €231,006 | €241,564 | +€10,557 | +4.6% |
| Financial debts | 43 | €1,950,374 | €0 | -€2.0m | -100% |
| Other loans | 439 | €1,950,374 | €0 | -€2.0m | -100% |
| Trade debts | 44 | €4,628 | €1,016 | -€3,612 | -78.0% |
| Suppliers | 440/4 | €4,628 | €1,016 | -€3,612 | -78.0% |
| Taxes, remuneration and social security | 45 | €2,022 | €21,179 | +€19,157 | +947% |
| Taxes | 450/3 | €2,022 | €21,179 | +€19,157 | +947% |
| Other amounts payable | 47/48 | €134,264 | €1,354,584 | +€1.2m | +909% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €199,279 | €203,301 | +€4,022 | +2.0% |
| Other operating charges | 640/8 | €17,213 | €33,425 | +€16,212 | +94.2% |
| Gross operating margin | 9900 | €296,929 | €393,866 | +€96,938 | +32.6% |
| Operating profit (loss) | 9901 | €80,437 | €157,141 | +€76,704 | +95.4% |
| Financial income | 75/76B | €3 | €1 | -€2 | -78.4% |
| Recurring financial income | 75 | €3 | €1 | -€2 | -78.4% |
| Financial charges | 65/66B | €103,409 | €153,681 | +€50,272 | +48.6% |
| Recurring financial charges | 65 | €103,409 | €153,681 | +€50,272 | +48.6% |
| Profit (loss) for the period before taxes | 9903 | -€22,969 | €3,461 | +€26,430 | |
| Profit (loss) for the period | 9904 | -€22,969 | €3,461 | +€26,430 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,969 | €3,461 | +€26,430 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.