Immo Logo: 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 Logo
Largest movements
- Tangible fixed assets -€30,914
down €30,914 (-4.1%), from €753,147 to €722,233
- Debts after one year -€40,651
down €40,651 (-9.2%), from €439,648 to €398,997
- Profit (loss) carried forward +€14,595
up €14,595 (+75.3%), from -€19,387 to -€4,793
- Gross operating margin +€19,114
up €19,114 (+43.5%), from €43,973 to €63,087
- Taxes -€993
down €993 (-100.0%), from €993 to €0
- Financial charges -€666
down €666 (-5.7%), from €11,714 to €11,048
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 | €761,515 | €736,292 | -€25,223 | -3.3% |
| Fixed assets | 21/28 | €753,147 | €722,233 | -€30,914 | -4.1% |
| Tangible fixed assets | 22/27 | €753,147 | €722,233 | -€30,914 | -4.1% |
| Land and buildings | 22 | €753,147 | €722,233 | -€30,914 | -4.1% |
| Current assets | 29/58 | €8,368 | €14,059 | +€5,691 | +68.0% |
| Amounts receivable within one year | 40/41 | €5,178 | €5,399 | +€221 | +4.3% |
| Trade receivables | 40 | €5,178 | €5,399 | +€221 | +4.3% |
| Cash at bank and in hand | 54/58 | €1,814 | €7,272 | +€5,459 | +301.0% |
| Deferred charges and accrued income | 490/1 | €1,376 | €1,388 | +€12 | +0.9% |
| Total equity and liabilities | 10/49 | €761,515 | €736,292 | -€25,223 | -3.3% |
| Equity | 10/15 | €70,613 | €85,207 | +€14,595 | +20.7% |
| Contributions | 10/11 | €90,000 | €90,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,387 | -€4,793 | +€14,595 | +75.3% |
| Amounts payable | 17/49 | €690,903 | €651,085 | -€39,818 | -5.8% |
| Amounts payable after more than one year | 17 | €439,648 | €398,997 | -€40,651 | -9.2% |
| Financial debts | 170/4 | €439,648 | €398,997 | -€40,651 | -9.2% |
| Amounts payable within one year | 42/48 | €250,817 | €252,087 | +€1,271 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €42,597 | €40,651 | -€1,946 | -4.6% |
| Trade debts | 44 | €2,371 | €1,126 | -€1,245 | -52.5% |
| Suppliers | 440/4 | €2,371 | €1,126 | -€1,245 | -52.5% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €205,849 | €210,311 | +€4,462 | +2.2% |
| Accrued charges and deferred income | 492/3 | €438 | €0 | -€438 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,874 | €30,914 | +€40 | +0.1% |
| Other operating charges | 640/8 | €6,220 | €6,530 | +€310 | +5.0% |
| Gross operating margin | 9900 | €43,973 | €63,087 | +€19,114 | +43.5% |
| Operating profit (loss) | 9901 | €6,879 | €25,643 | +€18,764 | +272.8% |
| Financial charges | 65/66B | €11,714 | €11,048 | -€666 | -5.7% |
| Recurring financial charges | 65 | €11,714 | €11,048 | -€666 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,835 | €14,595 | +€19,430 | |
| Income taxes | 67/77 | €993 | €0 | -€993 | -100.0% |
| Profit (loss) for the period | 9904 | -€5,827 | €14,595 | +€20,422 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,827 | €14,595 | +€20,422 |
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 7 October 2026 via checked.be.