IMMO-MAJE: 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-MAJE
Largest movements
- Tangible fixed assets -€5,440
no longer reported in 2025 (was €5,440)
- Receivables within one year -€952
no longer reported in 2025 (was €952)
- Cash -€764
down €764 (-49.5%), from €1,543 to €779
mainly Other debts (-€8,782) and Trade debts (-€75)
- Deferred charges and accrued income -€190
no longer reported in 2025 (was €190)
- Other debts -€8,782
down €8,782 (-11.7%), from €74,832 to €66,050
- Tax, wage and social debts +€1,374
up €1,374 (+88.6%), from €1,550 to €2,924
- Profit (loss) carried forward +€137
up €137 (+0.2%), from -€68,332 to -€68,195
- Gross operating margin +€8,645
up €8,645, from -€1,288 to €7,357
- Depreciation -€1,410
down €1,410 (-20.6%), from €6,850 to €5,440
- Other operating charges +€501
up €501 (+49.0%), from €1,023 to €1,524
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 | €8,125 | €779 | -€7,346 | -90.4% |
| Fixed assets | 21/28 | €5,440 | - | -€5,440 | |
| Tangible fixed assets | 22/27 | €5,440 | - | -€5,440 | |
| Furniture and vehicles | 24 | €5,440 | - | -€5,440 | |
| Current assets | 29/58 | €2,685 | €779 | -€1,906 | -71.0% |
| Amounts receivable within one year | 40/41 | €952 | - | -€952 | |
| Trade receivables | 40 | €952 | - | -€952 | |
| Cash at bank and in hand | 54/58 | €1,543 | €779 | -€764 | -49.5% |
| Deferred charges and accrued income | 490/1 | €190 | - | -€190 | |
| Total equity and liabilities | 10/49 | €8,125 | €779 | -€7,346 | -90.4% |
| Equity | 10/15 | -€68,332 | -€68,195 | +€137 | +0.2% |
| Profit (loss) carried forward | 14 | -€68,332 | -€68,195 | +€137 | +0.2% |
| Amounts payable | 17/49 | €76,457 | €68,974 | -€7,483 | -9.8% |
| Amounts payable within one year | 42/48 | €76,457 | €68,974 | -€7,483 | -9.8% |
| Trade debts | 44 | €75 | - | -€75 | |
| Suppliers | 440/4 | €75 | - | -€75 | |
| Taxes, remuneration and social security | 45 | €1,550 | €2,924 | +€1,374 | +88.6% |
| Taxes | 450/3 | €1,550 | €2,924 | +€1,374 | +88.6% |
| Other amounts payable | 47/48 | €74,832 | €66,050 | -€8,782 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,850 | €5,440 | -€1,410 | -20.6% |
| Other operating charges | 640/8 | €1,023 | €1,524 | +€501 | +49.0% |
| Gross operating margin | 9900 | -€1,288 | €7,357 | +€8,645 | |
| Operating profit (loss) | 9901 | -€9,161 | €393 | +€9,554 | |
| Financial charges | 65/66B | €45 | €54 | +€9 | +20.0% |
| Recurring financial charges | 65 | €45 | €54 | +€9 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | -€9,206 | €339 | +€9,545 | |
| Income taxes | 67/77 | €193 | €202 | +€9 | +4.7% |
| Profit (loss) for the period | 9904 | -€9,399 | €137 | +€9,536 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,399 | €137 | +€9,536 |
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 13 October 2026 via checked.be.