Immo MaNiak: 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 MaNiak
Largest movements
- Cash -€93,479
down €93,479 (-82.8%), from €112,913 to €19,434
mainly Other debts (-€92,439) and Investment in fixed assets (net) (-€51,494)
- Deferred charges and accrued income -€39,114
down €39,114 (-97.1%), from €40,272 to €1,157
- Tangible fixed assets +€10,573
up €10,573 (+1.9%), from €570,538 to €581,111
of which Land and buildings: +€49,899
- Other debts -€92,439
down €92,439 (-45.6%), from €202,503 to €110,064
- Debts after one year -€41,503
down €41,503 (-7.2%), from €577,346 to €535,843
- Profit (loss) carried forward +€28,167
up €28,167 (+15.6%), from -€180,660 to -€152,493
- Current portion of long-term debt -€20,159
down €20,159 (-22.1%), from €91,318 to €71,159
- Gross operating margin -€32,538
down €32,538 (-24.2%), from €134,679 to €102,141
- Financial charges -€4,598
down €4,598 (-16.8%), from €27,313 to €22,715
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 | €760,672 | €636,466 | -€124,206 | -16.3% |
| Fixed assets | 21/28 | €570,538 | €581,111 | +€10,573 | +1.9% |
| Tangible fixed assets | 22/27 | €570,538 | €581,111 | +€10,573 | +1.9% |
| Land and buildings | 22 | €179,915 | €229,813 | +€49,899 | +27.7% |
| Plant, machinery and equipment | 23 | €390,623 | €351,297 | -€39,326 | -10.1% |
| Current assets | 29/58 | €190,134 | €55,355 | -€134,779 | -70.9% |
| Amounts receivable within one year | 40/41 | €36,950 | €34,763 | -€2,186 | -5.9% |
| Trade receivables | 40 | €900 | €25,121 | +€24,221 | +2691.2% |
| Other amounts receivable | 41 | €36,050 | €9,642 | -€26,407 | -73.3% |
| Cash at bank and in hand | 54/58 | €112,913 | €19,434 | -€93,479 | -82.8% |
| Deferred charges and accrued income | 490/1 | €40,272 | €1,157 | -€39,114 | -97.1% |
| Total equity and liabilities | 10/49 | €760,672 | €636,466 | -€124,206 | -16.3% |
| Equity | 10/15 | -€119,160 | -€87,863 | +€31,296 | +26.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | - | €3,130 | +€3,130 | |
| Non-distributable reserves | 130/1 | - | €3,130 | +€3,130 | |
| Legal reserve | 130 | - | €3,130 | +€3,130 | |
| Profit (loss) carried forward | 14 | -€180,660 | -€152,493 | +€28,167 | +15.6% |
| Amounts payable | 17/49 | €879,832 | €724,329 | -€155,503 | -17.7% |
| Amounts payable after more than one year | 17 | €577,346 | €535,843 | -€41,503 | -7.2% |
| Financial debts | 170/4 | €577,346 | €535,843 | -€41,503 | -7.2% |
| Amounts payable within one year | 42/48 | €298,279 | €184,367 | -€113,912 | -38.2% |
| Current portion of amounts payable after more than one year | 42 | €91,318 | €71,159 | -€20,159 | -22.1% |
| Financial debts | 43 | - | €800 | +€800 | |
| Credit institutions | 430/8 | - | €800 | +€800 | |
| Trade debts | 44 | €2,948 | €2,125 | -€823 | -27.9% |
| Suppliers | 440/4 | €2,948 | €2,125 | -€823 | -27.9% |
| Taxes, remuneration and social security | 45 | €1,510 | €219 | -€1,291 | -85.5% |
| Taxes | 450/3 | €1,510 | €219 | -€1,291 | -85.5% |
| Other amounts payable | 47/48 | €202,503 | €110,064 | -€92,439 | -45.6% |
| Accrued charges and deferred income | 492/3 | €4,206 | €4,119 | -€87 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,820 | €40,921 | +€102 | +0.2% |
| Other operating charges | 640/8 | €7,308 | €7,212 | -€96 | -1.3% |
| Gross operating margin | 9900 | €134,679 | €102,141 | -€32,538 | -24.2% |
| Operating profit (loss) | 9901 | €86,552 | €54,008 | -€32,544 | -37.6% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €27,313 | €22,715 | -€4,598 | -16.8% |
| Recurring financial charges | 65 | €27,313 | €22,715 | -€4,598 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | €59,238 | €31,296 | -€27,942 | -47.2% |
| Profit (loss) for the period | 9904 | €59,238 | €31,296 | -€27,942 | -47.2% |
| Profit (loss) for the period to be appropriated | 9905 | €59,238 | €31,296 | -€27,942 | -47.2% |
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.