Immo Marie: 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 Marie
Largest movements
- Tangible fixed assets +€735,081
up €735,081 (+106%), from €692,435 to €1.4m
of which Land and buildings: +€730,857
- Receivables within one year -€247,010
down €247,010 (-64.7%), from €381,658 to €134,648
of which Trade receivables: -€137,508
- Cash +€36,284
up €36,284 (+107%), from €34,011 to €70,295
- Financial fixed assets +€30,001
up €30,001 (+214%), from €14,000 to €44,001
- Debts after one year +€513,226
up €513,226 (+293%), from €174,958 to €688,183
- Accrued charges and deferred income +€110,773
up €110,773 (+284%), from €39,064 to €149,837
- Trade debts -€25,374
down €25,374 (-65.3%), from €38,874 to €13,500
- Other debts -€24,717
down €24,717 (-8.4%), from €292,894 to €268,177
- Tax, wage and social debts -€23,467
down €23,467 (-47.6%), from €49,292 to €25,824
of which Taxes: -€17,860
- Gross operating margin -€128,813
down €128,813 (-36.5%), from €352,601 to €223,789
- Staff costs -€61,528
down €61,528 (-51.4%), from €119,653 to €58,125
- Taxes -€32,579
down €32,579 (-72.6%), from €44,897 to €12,317
- Depreciation +€26,951
up €26,951 (+51.3%), from €52,566 to €79,516
- Financial charges +€15,581
up €15,581 (+45.3%), from €34,367 to €49,948
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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,140,604 | €1,708,960 | +€568,357 | +49.8% |
| Fixed assets | 21/28 | €720,201 | €1,483,408 | +€763,207 | +106% |
| Intangible fixed assets | 21 | €13,766 | €11,891 | -€1,875 | -13.6% |
| Tangible fixed assets | 22/27 | €692,435 | €1,427,515 | +€735,081 | +106% |
| Land and buildings | 22 | €637,956 | €1,368,813 | +€730,857 | +115% |
| Plant, machinery and equipment | 23 | €6,348 | €9,068 | +€2,720 | +42.8% |
| Furniture and vehicles | 24 | €42,280 | €45,656 | +€3,376 | +8.0% |
| Leasing and similar rights | 25 | €5,851 | €2,779 | -€3,072 | -52.5% |
| Other tangible fixed assets | 26 | - | €1,200 | +€1,200 | |
| Financial fixed assets | 28 | €14,000 | €44,001 | +€30,001 | +214% |
| Current assets | 29/58 | €420,403 | €225,553 | -€194,850 | -46.3% |
| Amounts receivable within one year | 40/41 | €381,658 | €134,648 | -€247,010 | -64.7% |
| Trade receivables | 40 | €209,288 | €71,779 | -€137,508 | -65.7% |
| Other amounts receivable | 41 | €172,370 | €62,869 | -€109,501 | -63.5% |
| Cash at bank and in hand | 54/58 | €34,011 | €70,295 | +€36,284 | +107% |
| Deferred charges and accrued income | 490/1 | €4,734 | €20,609 | +€15,875 | +335% |
| Total equity and liabilities | 10/49 | €1,140,604 | €1,708,960 | +€568,357 | +49.8% |
| Equity | 10/15 | €323,835 | €341,987 | +€18,152 | +5.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €317,635 | €335,787 | +€18,152 | +5.7% |
| Distributable reserves | 133 | €317,635 | €335,787 | +€18,152 | +5.7% |
| Amounts payable | 17/49 | €816,769 | €1,366,973 | +€550,204 | +67.4% |
| Amounts payable after more than one year | 17 | €174,958 | €688,183 | +€513,226 | +293% |
| Financial debts | 170/4 | €174,958 | €688,183 | +€513,226 | +293% |
| Amounts payable within one year | 42/48 | €602,747 | €528,952 | -€73,794 | -12.2% |
| Current portion of amounts payable after more than one year | 42 | €96,687 | €96,450 | -€237 | -0.2% |
| Financial debts | 43 | €125,000 | €125,000 | = | 0.0% |
| Credit institutions | 430/8 | €125,000 | €125,000 | = | 0.0% |
| Trade debts | 44 | €38,874 | €13,500 | -€25,374 | -65.3% |
| Suppliers | 440/4 | €38,874 | €13,500 | -€25,374 | -65.3% |
| Taxes, remuneration and social security | 45 | €49,292 | €25,824 | -€23,467 | -47.6% |
| Taxes | 450/3 | €37,648 | €19,787 | -€17,860 | -47.4% |
| Remuneration and social security | 454/9 | €11,644 | €6,037 | -€5,607 | -48.2% |
| Other amounts payable | 47/48 | €292,894 | €268,177 | -€24,717 | -8.4% |
| Accrued charges and deferred income | 492/3 | €39,064 | €149,837 | +€110,773 | +284% |
| Remuneration, social security and pensions | 62 | €119,653 | €58,125 | -€61,528 | -51.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,566 | €79,516 | +€26,951 | +51.3% |
| Other operating charges | 640/8 | €6,591 | €6,260 | -€331 | -5.0% |
| Gross operating margin | 9900 | €352,601 | €223,789 | -€128,813 | -36.5% |
| Operating profit (loss) | 9901 | €173,792 | €79,887 | -€93,905 | -54.0% |
| Financial income | 75/76B | €9,313 | €530 | -€8,783 | -94.3% |
| Recurring financial income | 75 | €9,313 | €530 | -€8,783 | -94.3% |
| Financial charges | 65/66B | €34,367 | €49,948 | +€15,581 | +45.3% |
| Recurring financial charges | 65 | €34,367 | €49,948 | +€15,581 | +45.3% |
| Profit (loss) for the period before taxes | 9903 | €148,738 | €30,469 | -€118,269 | -79.5% |
| Income taxes | 67/77 | €44,897 | €12,317 | -€32,579 | -72.6% |
| Profit (loss) for the period | 9904 | €103,841 | €18,152 | -€85,689 | -82.5% |
| Profit (loss) for the period to be appropriated | 9905 | €103,841 | €18,152 | -€85,689 | -82.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.