IMMO JJ: 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 JJ
Largest movements
- Receivables after one year +€9,187
new in 2025: €9,187
- Deferred charges and accrued income -€7,337
down €7,337 (-50.1%), from €14,649 to €7,312
- Receivables within one year +€6,427
up €6,427 (+14.7%), from €43,638 to €50,065
of which Trade receivables: +€4,802
- Tangible fixed assets +€2,341
up €2,341 (+8.0%), from €29,314 to €31,655
of which Other tangible fixed assets: +€9,489
- Reserves +€23,343
new in 2025: €23,343
- Other debts -€20,496
down €20,496 (-69.7%), from €29,390 to €8,894
- Debts after one year -€10,125
no longer reported in 2025 (was €10,125)
- Profit (loss) carried forward +€7,571
no longer reported in 2025 (was -€7,571)
- Accrued charges and deferred income +€6,294
up €6,294 (+46.6%), from €13,510 to €19,804
- Gross operating margin +€64,293
up €64,293 (+47.1%), from €136,639 to €200,932
- Staff costs +€18,237
up €18,237 (+19.1%), from €95,633 to €113,870
- Taxes +€6,751
new in 2025: €6,751
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 | €95,911 | €108,127 | +€12,216 | +12.7% |
| Fixed assets | 21/28 | €29,314 | €32,678 | +€3,364 | +11.5% |
| Intangible fixed assets | 21 | - | €1,022 | +€1,022 | |
| Tangible fixed assets | 22/27 | €29,314 | €31,655 | +€2,341 | +8.0% |
| Furniture and vehicles | 24 | €25,414 | €18,266 | -€7,148 | -28.1% |
| Other tangible fixed assets | 26 | €3,900 | €13,389 | +€9,489 | +243% |
| Current assets | 29/58 | €66,597 | €75,449 | +€8,852 | +13.3% |
| Amounts receivable after more than one year | 29 | - | €9,187 | +€9,187 | |
| Other amounts receivable | 291 | - | €9,187 | +€9,187 | |
| Amounts receivable within one year | 40/41 | €43,638 | €50,065 | +€6,427 | +14.7% |
| Trade receivables | 40 | €43,502 | €48,304 | +€4,802 | +11.0% |
| Other amounts receivable | 41 | €136 | €1,761 | +€1,625 | +1,194% |
| Cash at bank and in hand | 54/58 | €8,310 | €8,885 | +€575 | +6.9% |
| Deferred charges and accrued income | 490/1 | €14,649 | €7,312 | -€7,337 | -50.1% |
| Total equity and liabilities | 10/49 | €95,911 | €108,127 | +€12,216 | +12.7% |
| Equity | 10/15 | €2,429 | €33,343 | +€30,913 | +1,272% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €23,343 | +€23,343 | |
| Distributable reserves | 133 | - | €23,343 | +€23,343 | |
| Profit (loss) carried forward | 14 | -€7,571 | - | +€7,571 | |
| Amounts payable | 17/49 | €93,481 | €74,784 | -€18,697 | -20.0% |
| Amounts payable after more than one year | 17 | €10,125 | - | -€10,125 | |
| Financial debts | 170/4 | €10,125 | - | -€10,125 | |
| Amounts payable within one year | 42/48 | €69,846 | €54,980 | -€14,866 | -21.3% |
| Current portion of amounts payable after more than one year | 42 | €6,913 | €8,710 | +€1,798 | +26.0% |
| Trade debts | 44 | €16,585 | €15,113 | -€1,472 | -8.9% |
| Suppliers | 440/4 | €16,585 | €15,113 | -€1,472 | -8.9% |
| Taxes, remuneration and social security | 45 | €16,959 | €22,263 | +€5,304 | +31.3% |
| Taxes | 450/3 | €4,640 | €7,582 | +€2,941 | +63.4% |
| Remuneration and social security | 454/9 | €12,319 | €14,682 | +€2,363 | +19.2% |
| Other amounts payable | 47/48 | €29,390 | €8,894 | -€20,496 | -69.7% |
| Accrued charges and deferred income | 492/3 | €13,510 | €19,804 | +€6,294 | +46.6% |
| Remuneration, social security and pensions | 62 | €95,633 | €113,870 | +€18,237 | +19.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,932 | €9,921 | -€1,010 | -9.2% |
| Other operating charges | 640/8 | €33,953 | €35,119 | +€1,166 | +3.4% |
| Gross operating margin | 9900 | €136,639 | €200,932 | +€64,293 | +47.1% |
| Operating profit (loss) | 9901 | -€3,879 | €42,022 | +€45,900 | |
| Financial income | 75/76B | €42 | €44 | +€2 | +5.5% |
| Recurring financial income | 75 | €42 | €44 | +€2 | +5.5% |
| Financial charges | 65/66B | €5,390 | €4,402 | -€989 | -18.3% |
| Recurring financial charges | 65 | €5,390 | €4,402 | -€989 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,227 | €37,664 | +€46,891 | |
| Income taxes | 67/77 | - | €6,751 | +€6,751 | |
| Profit (loss) for the period | 9904 | -€9,227 | €30,913 | +€40,140 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,227 | €30,913 | +€40,140 |
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 16 October 2026 via checked.be.