IMMO LABEL: 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 LABEL
Largest movements
- Tangible fixed assets -€16,293
down €16,293 (-17.9%), from €91,230 to €74,937
- Receivables within one year -€2,027
down €2,027 (-3.2%), from €63,580 to €61,553
- Accrued charges and deferred income -€17,249
down €17,249 (-100%), from €17,249 to €0
- Gross operating margin -€11,996
down €11,996 (-41.5%), from €28,885 to €16,889
- Taxes -€1,465
down €1,465 (-96.1%), from €1,524 to €59
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 | €159,289 | €140,926 | -€18,364 | -11.5% |
| Fixed assets | 21/28 | €91,230 | €74,937 | -€16,293 | -17.9% |
| Tangible fixed assets | 22/27 | €91,230 | €74,937 | -€16,293 | -17.9% |
| Land and buildings | 22 | €91,230 | €74,937 | -€16,293 | -17.9% |
| Current assets | 29/58 | €68,059 | €65,988 | -€2,071 | -3.0% |
| Amounts receivable within one year | 40/41 | €63,580 | €61,553 | -€2,027 | -3.2% |
| Other amounts receivable | 41 | €63,580 | €61,553 | -€2,027 | -3.2% |
| Cash at bank and in hand | 54/58 | €2,729 | €2,686 | -€43 | -1.6% |
| Deferred charges and accrued income | 490/1 | €1,750 | €1,750 | = | 0.0% |
| Total equity and liabilities | 10/49 | €159,289 | €140,926 | -€18,364 | -11.5% |
| Equity | 10/15 | €93,972 | €94,021 | +€49 | +0.1% |
| Contributions | 10/11 | €90,000 | €90,000 | = | 0.0% |
| Capital | 10 | €90,000 | €90,000 | = | 0.0% |
| Issued capital | 100 | €90,000 | €90,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,972 | €4,021 | +€49 | +1.2% |
| Amounts payable | 17/49 | €65,317 | €46,905 | -€18,413 | -28.2% |
| Amounts payable after more than one year | 17 | €5,175 | €5,175 | = | 0.0% |
| Other amounts payable | 178/9 | €5,175 | €5,175 | = | 0.0% |
| Amounts payable within one year | 42/48 | €42,894 | €41,730 | -€1,164 | -2.7% |
| Current portion of amounts payable after more than one year | 42 | €37,500 | €37,500 | = | 0.0% |
| Trade debts | 44 | €2,226 | €2,586 | +€360 | +16.2% |
| Suppliers | 440/4 | €2,226 | €2,586 | +€360 | +16.2% |
| Taxes, remuneration and social security | 45 | €1,524 | €0 | -€1,524 | -100% |
| Taxes | 450/3 | €1,524 | €0 | -€1,524 | -100% |
| Other amounts payable | 47/48 | €1,644 | €1,644 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €17,249 | €0 | -€17,249 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,293 | €16,293 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €397 | +€10 | +2.5% |
| Gross operating margin | 9900 | €28,885 | €16,889 | -€11,996 | -41.5% |
| Operating profit (loss) | 9901 | €12,205 | €199 | -€12,006 | -98.4% |
| Financial charges | 65/66B | €10 | €90 | +€80 | +818% |
| Recurring financial charges | 65 | €10 | €90 | +€80 | +818% |
| Profit (loss) for the period before taxes | 9903 | €12,195 | €109 | -€12,086 | -99.1% |
| Income taxes | 67/77 | €1,524 | €59 | -€1,465 | -96.1% |
| Profit (loss) for the period | 9904 | €10,671 | €49 | -€10,622 | -99.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,671 | €49 | -€10,622 | -99.5% |
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 14 October 2026 via checked.be.