IMMO-ODDO: 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-ODDO
Largest movements
- Tangible fixed assets -€26,335
down €26,335 (-14.6%), from €180,806 to €154,471
of which Land and buildings: -€17,776
- Receivables within one year +€22,388
up €22,388 (+3596.9%), from €622 to €23,011
- Cash +€16,735
up €16,735 (+139.4%), from €12,004 to €28,739
mainly Depreciation (+€26,335) and Net result for the year (+€19,733)
- Other debts +€12,750
up €12,750 (+154.4%), from €8,259 to €21,009
- Reserves +€4,527
up €4,527 (+7.0%), from €64,515 to €69,042
- Current portion of long-term debt -€4,252
down €4,252 (-62.0%), from €6,860 to €2,607
- Trade debts +€3,361
up €3,361 (+110.1%), from €3,053 to €6,414
- Debts after one year -€2,607
down €2,607 (-13.1%), from €19,856 to €17,248
- Gross operating margin -€6,243
down €6,243 (-9.2%), from €68,104 to €61,861
- Taxes -€4,051
down €4,051 (-27.9%), from €14,531 to €10,480
- Depreciation +€3,514
up €3,514 (+15.4%), from €22,821 to €26,335
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 | €194,265 | €206,221 | +€11,957 | +6.2% |
| Fixed assets | 21/28 | €180,806 | €154,471 | -€26,335 | -14.6% |
| Tangible fixed assets | 22/27 | €180,806 | €154,471 | -€26,335 | -14.6% |
| Land and buildings | 22 | €143,287 | €125,512 | -€17,776 | -12.4% |
| Furniture and vehicles | 24 | €37,519 | €28,960 | -€8,559 | -22.8% |
| Current assets | 29/58 | €13,459 | €51,750 | +€38,291 | +284.5% |
| Amounts receivable within one year | 40/41 | €622 | €23,011 | +€22,388 | +3596.9% |
| Other amounts receivable | 41 | €622 | €23,011 | +€22,388 | +3596.9% |
| Cash at bank and in hand | 54/58 | €12,004 | €28,739 | +€16,735 | +139.4% |
| Deferred charges and accrued income | 490/1 | €832 | - | -€832 | |
| Total equity and liabilities | 10/49 | €194,265 | €206,221 | +€11,957 | +6.2% |
| Equity | 10/15 | €138,484 | €143,127 | +€4,642 | +3.4% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €64,515 | €69,042 | +€4,527 | +7.0% |
| Distributable reserves | 133 | €64,515 | €69,042 | +€4,527 | +7.0% |
| Profit (loss) carried forward | 14 | €49,179 | €49,295 | +€116 | +0.2% |
| Amounts payable | 17/49 | €55,781 | €63,095 | +€7,314 | +13.1% |
| Amounts payable after more than one year | 17 | €19,856 | €17,248 | -€2,607 | -13.1% |
| Financial debts | 170/4 | €19,856 | €17,248 | -€2,607 | -13.1% |
| Amounts payable within one year | 42/48 | €28,925 | €38,847 | +€9,922 | +34.3% |
| Current portion of amounts payable after more than one year | 42 | €6,860 | €2,607 | -€4,252 | -62.0% |
| Trade debts | 44 | €3,053 | €6,414 | +€3,361 | +110.1% |
| Suppliers | 440/4 | €3,053 | €6,414 | +€3,361 | +110.1% |
| Taxes, remuneration and social security | 45 | €10,754 | €8,816 | -€1,937 | -18.0% |
| Taxes | 450/3 | €10,754 | €8,816 | -€1,937 | -18.0% |
| Other amounts payable | 47/48 | €8,259 | €21,009 | +€12,750 | +154.4% |
| Accrued charges and deferred income | 492/3 | €7,000 | €7,000 | = | 0.0% |
| Non-recurring operating income | 76A | €3,979 | - | -€3,979 | |
| Remuneration, social security and pensions | 62 | €136 | - | -€136 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,821 | €26,335 | +€3,514 | +15.4% |
| Other operating charges | 640/8 | €4,159 | €3,579 | -€580 | -14.0% |
| Gross operating margin | 9900 | €68,104 | €61,861 | -€6,243 | -9.2% |
| Operating profit (loss) | 9901 | €40,988 | €31,948 | -€9,040 | -22.1% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €1,558 | €1,745 | +€188 | +12.0% |
| Recurring financial charges | 65 | €1,558 | €1,745 | +€188 | +12.0% |
| Profit (loss) for the period before taxes | 9903 | €39,430 | €30,212 | -€9,218 | -23.4% |
| Income taxes | 67/77 | €14,531 | €10,480 | -€4,051 | -27.9% |
| Profit (loss) for the period | 9904 | €24,899 | €19,733 | -€5,167 | -20.8% |
| Profit (loss) for the period to be appropriated | 9905 | €24,899 | €19,733 | -€5,167 | -20.8% |
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 6 October 2026 via checked.be.