IMMO MA CAMPAGNE: what changed
IMMO MA CAMPAGNE
Largest movements
- Cash -€3,982
down €3,982 (-9.7%), from €41,181 to €37,199
mainly Investment in fixed assets (net) (-€27,869) and Debts after one year (-€8,148)
- Tangible fixed assets +€3,575
up €3,575 (+1.7%), from €211,984 to €215,560
of which Furniture and vehicles: +€15,647
- Debts after one year -€8,148
down €8,148 (-2.9%), from €285,406 to €277,257
- Profit (loss) carried forward +€6,833
up €6,833 (+14.6%), from -€46,909 to -€40,076
- Depreciation +€8,043
up €8,043 (+49.5%), from €16,251 to €24,294
- Gross operating margin -€2,452
down €2,452 (-6.3%), from €38,843 to €36,391
- Taxes +€1,545
up €1,545 (+164%), from €944 to €2,490
- Other operating charges +€471
up €471 (+24.2%), from €1,948 to €2,419
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €259,648 | €257,633 | -€2,015 | -0.8% |
| Fixed assets | 21/28 | €211,984 | €215,560 | +€3,575 | +1.7% |
| Tangible fixed assets | 22/27 | €211,984 | €215,560 | +€3,575 | +1.7% |
| Land and buildings | 22 | €122,438 | €114,988 | -€7,449 | -6.1% |
| Plant, machinery and equipment | 23 | €89,547 | €84,924 | -€4,623 | -5.2% |
| Furniture and vehicles | 24 | - | €15,647 | +€15,647 | |
| Current assets | 29/58 | €47,664 | €42,073 | -€5,590 | -11.7% |
| Amounts receivable within one year | 40/41 | €56 | €566 | +€510 | +918% |
| Other amounts receivable | 41 | €56 | €566 | +€510 | +918% |
| Cash at bank and in hand | 54/58 | €41,181 | €37,199 | -€3,982 | -9.7% |
| Deferred charges and accrued income | 490/1 | €6,427 | €4,309 | -€2,118 | -33.0% |
| Total equity and liabilities | 10/49 | €259,648 | €257,633 | -€2,015 | -0.8% |
| Equity | 10/15 | -€26,457 | -€19,624 | +€6,833 | +25.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,909 | -€40,076 | +€6,833 | +14.6% |
| Amounts payable | 17/49 | €286,106 | €277,257 | -€8,848 | -3.1% |
| Amounts payable after more than one year | 17 | €285,406 | €277,257 | -€8,148 | -2.9% |
| Other amounts payable | 178/9 | €285,406 | €277,257 | -€8,148 | -2.9% |
| Accrued charges and deferred income | 492/3 | €700 | - | -€700 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,251 | €24,294 | +€8,043 | +49.5% |
| Other operating charges | 640/8 | €1,948 | €2,419 | +€471 | +24.2% |
| Gross operating margin | 9900 | €38,843 | €36,391 | -€2,452 | -6.3% |
| Operating profit (loss) | 9901 | €20,645 | €9,678 | -€10,966 | -53.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €253 | €355 | +€102 | +40.3% |
| Recurring financial charges | 65 | €253 | €355 | +€102 | +40.3% |
| Profit (loss) for the period before taxes | 9903 | €20,391 | €9,323 | -€11,068 | -54.3% |
| Income taxes | 67/77 | €944 | €2,490 | +€1,545 | +164% |
| Profit (loss) for the period | 9904 | €19,447 | €6,833 | -€12,614 | -64.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,447 | €6,833 | -€12,614 | -64.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.