IMMO MINDES: 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 MINDES
Largest movements
- Cash -€30,038
down €30,038 (-30.9%), from €97,062 to €67,024
mainly Other debts (-€100,000) and Investment in fixed assets (net) (-€64,954)
- Receivables within one year +€26,263
up €26,263 (+246.3%), from €10,662 to €36,925
of which Other amounts receivable: +€17,168
- Tangible fixed assets -€18,792
down €18,792 (-2.4%), from €778,171 to €759,379
of which Land and buildings: -€16,788
- Other debts -€100,000
down €100,000 (-100.0%), from €100,000 to €0
- Profit (loss) carried forward +€79,777
up €79,777 (+319.6%), from €24,958 to €104,736
- Debts after one year -€33,606
down €33,606 (-30.9%), from €108,915 to €75,309
- Tax, wage and social debts +€19,618
up €19,618 (+42.6%), from €46,075 to €65,693
- Gross operating margin -€50,630
down €50,630 (-18.2%), from €277,717 to €227,087
- Taxes -€15,993
down €15,993 (-34.8%), from €45,946 to €29,953
- Other operating charges +€6,898
up €6,898 (+27.5%), from €25,128 to €32,027
- Depreciation +€4,582
up €4,582 (+5.8%), from €79,164 to €83,746
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 | €977,823 | €953,662 | -€24,161 | -2.5% |
| Fixed assets | 21/28 | €778,171 | €759,379 | -€18,792 | -2.4% |
| Tangible fixed assets | 22/27 | €778,171 | €759,379 | -€18,792 | -2.4% |
| Land and buildings | 22 | €764,697 | €747,909 | -€16,788 | -2.2% |
| Furniture and vehicles | 24 | €13,474 | €11,470 | -€2,004 | -14.9% |
| Current assets | 29/58 | €199,652 | €194,283 | -€5,369 | -2.7% |
| Amounts receivable within one year | 40/41 | €10,662 | €36,925 | +€26,263 | +246.3% |
| Trade receivables | 40 | €4,781 | €13,876 | +€9,095 | +190.3% |
| Other amounts receivable | 41 | €5,882 | €23,049 | +€17,168 | +291.9% |
| Current investments | 50/53 | €86,617 | €86,859 | +€242 | +0.3% |
| Cash at bank and in hand | 54/58 | €97,062 | €67,024 | -€30,038 | -30.9% |
| Deferred charges and accrued income | 490/1 | €5,310 | €3,475 | -€1,835 | -34.6% |
| Total equity and liabilities | 10/49 | €977,823 | €953,662 | -€24,161 | -2.5% |
| Equity | 10/15 | €659,743 | €739,520 | +€79,777 | +12.1% |
| Contributions | 10/11 | €564,808 | €564,808 | = | 0.0% |
| Capital | 10 | €564,808 | €564,808 | = | 0.0% |
| Issued capital | 100 | €564,808 | €564,808 | = | 0.0% |
| Revaluation surpluses | 12 | €13,496 | €13,496 | = | 0.0% |
| Reserves | 13 | €56,481 | €56,481 | = | 0.0% |
| Non-distributable reserves | 130/1 | €56,481 | €56,481 | = | 0.0% |
| Legal reserve | 130 | €56,481 | €56,481 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,958 | €104,736 | +€79,777 | +319.6% |
| Amounts payable | 17/49 | €318,080 | €214,142 | -€103,938 | -32.7% |
| Amounts payable after more than one year | 17 | €108,915 | €75,309 | -€33,606 | -30.9% |
| Financial debts | 170/4 | €108,915 | €75,309 | -€33,606 | -30.9% |
| Amounts payable within one year | 42/48 | €208,301 | €137,333 | -€70,969 | -34.1% |
| Current portion of amounts payable after more than one year | 42 | €33,189 | €33,606 | +€417 | +1.3% |
| Trade debts | 44 | - | €8,172 | +€8,172 | |
| Suppliers | 440/4 | - | €8,172 | +€8,172 | |
| Advances received on contracts in progress | 46 | €29,037 | €29,862 | +€824 | +2.8% |
| Taxes, remuneration and social security | 45 | €46,075 | €65,693 | +€19,618 | +42.6% |
| Taxes | 450/3 | €46,075 | €65,693 | +€19,618 | +42.6% |
| Other amounts payable | 47/48 | €100,000 | €0 | -€100,000 | -100.0% |
| Accrued charges and deferred income | 492/3 | €863 | €1,500 | +€637 | +73.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,164 | €83,746 | +€4,582 | +5.8% |
| Other operating charges | 640/8 | €25,128 | €32,027 | +€6,898 | +27.5% |
| Gross operating margin | 9900 | €277,717 | €227,087 | -€50,630 | -18.2% |
| Operating profit (loss) | 9901 | €173,424 | €111,314 | -€62,110 | -35.8% |
| Financial income | 75/76B | €348 | €582 | +€233 | +67.1% |
| Recurring financial income | 75 | €348 | €582 | +€233 | +67.1% |
| Financial charges | 65/66B | €2,867 | €2,165 | -€702 | -24.5% |
| Recurring financial charges | 65 | €2,867 | €2,165 | -€702 | -24.5% |
| Profit (loss) for the period before taxes | 9903 | €170,905 | €109,730 | -€61,174 | -35.8% |
| Income taxes | 67/77 | €45,946 | €29,953 | -€15,993 | -34.8% |
| Profit (loss) for the period | 9904 | €124,958 | €79,777 | -€45,181 | -36.2% |
| Profit (loss) for the period to be appropriated | 9905 | €124,958 | €79,777 | -€45,181 | -36.2% |
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 11 October 2026 via checked.be.