Immo Jeneffe: 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 Jeneffe
Largest movements
- Tangible fixed assets +€481,915
up €481,915 (+25.6%), from €1.9m to €2.4m
of which Land and buildings: +€554,806
- Other debts +€168,184
up €168,184 (+15.1%), from €1.1m to €1.3m
- Debts after one year +€149,591
up €149,591 (+22.3%), from €670,690 to €820,281
- Short-term financial debts +€138,750
new in 2025: €138,750
- Depreciation +€28,336
up €28,336 (+43.5%), from €65,160 to €93,496
- Gross operating margin +€28,161
up €28,161 (+20.8%), from €135,240 to €163,401
- Other operating charges +€22,883
up €22,883 (+206.4%), from €11,086 to €33,969
- Financial charges +€10,437
up €10,437 (+46.8%), from €22,286 to €32,723
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 | €1,914,249 | €2,387,796 | +€473,548 | +24.7% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €1,885,899 | €2,367,815 | +€481,915 | +25.6% |
| Tangible fixed assets | 22/27 | €1,885,899 | €2,367,815 | +€481,915 | +25.6% |
| Land and buildings | 22 | €1,801,305 | €2,356,111 | +€554,806 | +30.8% |
| Plant, machinery and equipment | 23 | €887 | €692 | -€195 | -22.0% |
| Assets under construction and advance payments | 27 | €83,707 | €11,011 | -€72,696 | -86.8% |
| Current assets | 29/58 | €28,350 | €19,982 | -€8,368 | -29.5% |
| Amounts receivable within one year | 40/41 | €9,980 | €7,293 | -€2,687 | -26.9% |
| Trade receivables | 40 | €9,980 | €2,293 | -€7,687 | -77.0% |
| Other amounts receivable | 41 | - | €5,000 | +€5,000 | |
| Cash at bank and in hand | 54/58 | €16,821 | €11,019 | -€5,802 | -34.5% |
| Deferred charges and accrued income | 490/1 | €1,549 | €1,670 | +€122 | +7.9% |
| Total equity and liabilities | 10/49 | €1,914,249 | €2,387,796 | +€473,548 | +24.7% |
| Equity | 10/15 | -€2,496 | €717 | +€3,214 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,096 | -€17,883 | +€3,214 | +15.2% |
| Amounts payable | 17/49 | €1,916,745 | €2,387,079 | +€470,334 | +24.5% |
| Amounts payable after more than one year | 17 | €670,690 | €820,281 | +€149,591 | +22.3% |
| Financial debts | 170/4 | €670,690 | €820,281 | +€149,591 | +22.3% |
| Amounts payable within one year | 42/48 | €1,240,741 | €1,558,533 | +€317,792 | +25.6% |
| Current portion of amounts payable after more than one year | 42 | €80,766 | €100,409 | +€19,643 | +24.3% |
| Financial debts | 43 | - | €138,750 | +€138,750 | |
| Credit institutions | 430/8 | - | €138,750 | +€138,750 | |
| Trade debts | 44 | €49,731 | €40,946 | -€8,785 | -17.7% |
| Suppliers | 440/4 | €49,731 | €40,946 | -€8,785 | -17.7% |
| Other amounts payable | 47/48 | €1,110,245 | €1,278,429 | +€168,184 | +15.1% |
| Accrued charges and deferred income | 492/3 | €5,314 | €8,265 | +€2,951 | +55.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,160 | €93,496 | +€28,336 | +43.5% |
| Other operating charges | 640/8 | €11,086 | €33,969 | +€22,883 | +206.4% |
| Non-recurring operating charges | 66A | €851 | - | -€851 | |
| Gross operating margin | 9900 | €135,240 | €163,401 | +€28,161 | +20.8% |
| Operating profit (loss) | 9901 | €58,143 | €35,937 | -€22,207 | -38.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €22,286 | €32,723 | +€10,437 | +46.8% |
| Recurring financial charges | 65 | €22,286 | €32,723 | +€10,437 | +46.8% |
| Profit (loss) for the period before taxes | 9903 | €35,858 | €3,214 | -€32,644 | -91.0% |
| Profit (loss) for the period | 9904 | €35,858 | €3,214 | -€32,644 | -91.0% |
| Profit (loss) for the period to be appropriated | 9905 | €35,858 | €3,214 | -€32,644 | -91.0% |
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 8 October 2026 via checked.be.