IMMO LEVEL UP: 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 LEVEL UP
Largest movements
- Tangible fixed assets -€37,446
down €37,446 (-7.0%), from €531,283 to €493,837
- Debts after one year -€29,537
down €29,537 (-9.5%), from €311,516 to €281,979
- Gross operating margin +€1,867
up €1,867 (+4.2%), from €44,346 to €46,213
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 | €545,104 | €512,526 | -€32,578 | -6.0% |
| Fixed assets | 21/28 | €531,283 | €493,837 | -€37,446 | -7.0% |
| Tangible fixed assets | 22/27 | €531,283 | €493,837 | -€37,446 | -7.0% |
| Land and buildings | 22 | €531,283 | €493,837 | -€37,446 | -7.0% |
| Current assets | 29/58 | €13,821 | €18,689 | +€4,868 | +35.2% |
| Amounts receivable within one year | 40/41 | €2,605 | €3,145 | +€540 | +20.7% |
| Other amounts receivable | 41 | €2,605 | €3,145 | +€540 | +20.7% |
| Cash at bank and in hand | 54/58 | €11,215 | €15,543 | +€4,328 | +38.6% |
| Total equity and liabilities | 10/49 | €545,104 | €512,526 | -€32,578 | -6.0% |
| Equity | 10/15 | €108,990 | €111,181 | +€2,191 | +2.0% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,010 | -€38,819 | +€2,191 | +5.3% |
| Amounts payable | 17/49 | €436,114 | €401,344 | -€34,769 | -8.0% |
| Amounts payable after more than one year | 17 | €311,516 | €281,979 | -€29,537 | -9.5% |
| Financial debts | 170/4 | €311,516 | €281,979 | -€29,537 | -9.5% |
| Amounts payable within one year | 42/48 | €122,318 | €117,085 | -€5,232 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €29,241 | €29,537 | +€296 | +1.0% |
| Trade debts | 44 | €4,577 | €3,548 | -€1,029 | -22.5% |
| Suppliers | 440/4 | €4,577 | €3,548 | -€1,029 | -22.5% |
| Other amounts payable | 47/48 | €88,500 | €84,000 | -€4,500 | -5.1% |
| Accrued charges and deferred income | 492/3 | €2,280 | €2,280 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,446 | €37,446 | = | 0.0% |
| Other operating charges | 640/8 | €2,999 | €3,089 | +€91 | +3.0% |
| Gross operating margin | 9900 | €44,346 | €46,213 | +€1,867 | +4.2% |
| Operating profit (loss) | 9901 | €3,901 | €5,677 | +€1,776 | +45.5% |
| Financial charges | 65/66B | €3,779 | €3,486 | -€293 | -7.8% |
| Recurring financial charges | 65 | €3,779 | €3,486 | -€293 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | €122 | €2,191 | +€2,069 | +1692.7% |
| Profit (loss) for the period | 9904 | €122 | €2,191 | +€2,069 | +1692.7% |
| Profit (loss) for the period to be appropriated | 9905 | €122 | €2,191 | +€2,069 | +1692.7% |
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 3 October 2026 via checked.be.