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IMMO MULTI SERVICES: 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.

What changed

IMMO MULTI SERVICES

BE 0473.973.969
NACE 43.120, Site preparation
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€20,145
2024 · -€10,206-€9,939
Equity
€12,901
2024 · €33,046-€20,145
Cash
€3,935
2024 · €7,129-€3,194
Balance sheet total
€35,614
2024 · €40,618-€5,004

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€9,896

    down €9,896 (-45.8%), from €21,624 to €11,728

    of which Furniture and vehicles: -€9,640

  • Receivables within one year +€7,853

    up €7,853 (+220.9%), from €3,555 to €11,409

    of which Trade receivables: +€6,725

  • Cash -€3,194

    down €3,194 (-44.8%), from €7,129 to €3,935

    mainly Net result for the year (-€20,145) and Receivables within one year (-€7,853)

Equity and liabilities
  • Profit (loss) carried forward -€20,145

    down €20,145, from €11,046 to -€9,099

  • Other debts +€16,223

    up €16,223 (+283.3%), from €5,726 to €21,948

  • Trade debts -€1,298

    down €1,298 (-70.3%), from €1,846 to €549

Income statement
  • Gross operating margin -€9,827

    down €9,827, from €895 to -€8,933

  • Financial charges +€217

    up €217 (+55.9%), from €389 to €606

  • Depreciation -€103

    down €103 (-1.0%), from €10,000 to €9,896

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€10,206
Gross operating margin -€9,827
Depreciation +€103
Other operating charges +€8
Financial income -€5
Financial charges -€217
Result 2025 -€20,145

Cash bridge derived

cash 2024 to 2025

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.

From operations -€3,194
Investment €0
Financing €0
Cash 2024 €7,129
Net result for the year -€20,145
Depreciation +€9,896
Stocks and contracts -€202
Receivables within one year -€7,853
Smaller working-capital items -€24
Trade debts -€1,298
Tax, wage and social debts +€209
Other debts +€16,223
Cash 2025 €3,935
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €40,618 €35,614 -€5,004 -12.3%
Fixed assets 21/28 €21,787 €11,891 -€9,896 -45.4%
Tangible fixed assets 22/27 €21,624 €11,728 -€9,896 -45.8%
Plant, machinery and equipment 23 €256 €0 -€256 -100.0%
Furniture and vehicles 24 €21,369 €11,728 -€9,640 -45.1%
Financial fixed assets 28 €162 €162 = 0.0%
Current assets 29/58 €18,831 €23,723 +€4,892 +26.0%
Stocks and contracts in progress 3 €7,058 €7,260 +€202 +2.9%
Stocks 30/36 €7,058 €7,260 +€202 +2.9%
Amounts receivable within one year 40/41 €3,555 €11,409 +€7,853 +220.9%
Trade receivables 40 €3,126 €9,850 +€6,725 +215.1%
Other amounts receivable 41 €430 €1,559 +€1,129 +262.6%
Cash at bank and in hand 54/58 €7,129 €3,935 -€3,194 -44.8%
Deferred charges and accrued income 490/1 €1,089 €1,120 +€31 +2.9%
Total equity and liabilities 10/49 €40,618 €35,614 -€5,004 -12.3%
Equity 10/15 €33,046 €12,901 -€20,145 -61.0%
Contributions 10/11 €22,000 €22,000 = 0.0%
Profit (loss) carried forward 14 €11,046 -€9,099 -€20,145
Amounts payable 17/49 €7,572 €22,713 +€15,141 +200.0%
Amounts payable within one year 42/48 €7,572 €22,705 +€15,134 +199.9%
Trade debts 44 €1,846 €549 -€1,298 -70.3%
Suppliers 440/4 €1,846 €549 -€1,298 -70.3%
Taxes, remuneration and social security 45 €0 €209 +€209
Taxes 450/3 €0 €209 +€209
Other amounts payable 47/48 €5,726 €21,948 +€16,223 +283.3%
Accrued charges and deferred income 492/3 - €7 +€7
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €10,000 €9,896 -€103 -1.0%
Other operating charges 640/8 €719 €711 -€8 -1.1%
Non-recurring operating charges 66A €0 - =
Gross operating margin 9900 €895 -€8,933 -€9,827
Operating profit (loss) 9901 -€9,824 -€19,540 -€9,716 -98.9%
Financial income 75/76B €6 €1 -€5 -87.2%
Recurring financial income 75 €6 €1 -€5 -87.2%
Financial charges 65/66B €389 €606 +€217 +55.9%
Recurring financial charges 65 €389 €606 +€217 +55.9%
Profit (loss) for the period before taxes 9903 -€10,206 -€20,145 -€9,939 -97.4%
Profit (loss) for the period 9904 -€10,206 -€20,145 -€9,939 -97.4%
Profit (loss) for the period to be appropriated 9905 -€10,206 -€20,145 -€9,939 -97.4%

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 28 September 2026 via checked.be.