IMMO PLACE: 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 PLACE
Largest movements
- Tangible fixed assets -€10,377
down €10,377 (-13.0%), from €79,696 to €69,319
of which Land and buildings: -€9,941
- Receivables within one year -€1,370
down €1,370 (-76.7%), from €1,787 to €417
- Profit (loss) carried forward -€17,238
down €17,238 (-31.6%), from -€54,537 to -€71,775
- Other debts +€6,425
up €6,425 (+19.6%), from €32,729 to €39,154
- Gross operating margin -€4,676
down €4,676 (-1382.8%), from -€338 to -€5,014
- Other operating charges -€250
no longer reported in 2025 (was €250)
- Depreciation +€104
up €104 (+1.0%), from €10,273 to €10,377
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 | €106,469 | €94,606 | -€11,863 | -11.1% |
| Fixed assets | 21/28 | €103,196 | €92,819 | -€10,377 | -10.1% |
| Tangible fixed assets | 22/27 | €79,696 | €69,319 | -€10,377 | -13.0% |
| Land and buildings | 22 | €78,112 | €68,171 | -€9,941 | -12.7% |
| Plant, machinery and equipment | 23 | €1,585 | €1,148 | -€437 | -27.6% |
| Financial fixed assets | 28 | €23,500 | €23,500 | = | 0.0% |
| Current assets | 29/58 | €3,273 | €1,787 | -€1,486 | -45.4% |
| Amounts receivable within one year | 40/41 | €1,787 | €417 | -€1,370 | -76.7% |
| Other amounts receivable | 41 | €1,787 | €417 | -€1,370 | -76.7% |
| Cash at bank and in hand | 54/58 | €565 | €314 | -€251 | -44.4% |
| Deferred charges and accrued income | 490/1 | €921 | €1,056 | +€135 | +14.7% |
| Total equity and liabilities | 10/49 | €106,469 | €94,606 | -€11,863 | -11.1% |
| Equity | 10/15 | €69,727 | €52,489 | -€17,238 | -24.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €54,481 | €54,481 | = | 0.0% |
| Reserves | 13 | €51,183 | €51,183 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,183 | €1,183 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €1,183 | +€1,183 | |
| Other | 1319 | €1,183 | - | -€1,183 | |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,537 | -€71,775 | -€17,238 | -31.6% |
| Amounts payable | 17/49 | €36,742 | €42,117 | +€5,375 | +14.6% |
| Amounts payable within one year | 42/48 | €36,742 | €42,117 | +€5,375 | +14.6% |
| Trade debts | 44 | €4,013 | €2,963 | -€1,051 | -26.2% |
| Suppliers | 440/4 | €4,013 | €2,963 | -€1,051 | -26.2% |
| Other amounts payable | 47/48 | €32,729 | €39,154 | +€6,425 | +19.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,273 | €10,377 | +€104 | +1.0% |
| Other operating charges | 640/8 | €250 | - | -€250 | |
| Non-recurring operating charges | 66A | €0 | - | -€0 | |
| Gross operating margin | 9900 | -€338 | -€5,014 | -€4,676 | -1382.8% |
| Operating profit (loss) | 9901 | -€10,861 | -€15,392 | -€4,530 | -41.7% |
| Financial charges | 65/66B | €256 | €273 | +€17 | +6.6% |
| Recurring financial charges | 65 | €256 | €273 | +€17 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | -€11,117 | -€15,665 | -€4,547 | -40.9% |
| Income taxes | 67/77 | €1,526 | €1,574 | +€47 | +3.1% |
| Profit (loss) for the period | 9904 | -€12,643 | -€17,238 | -€4,595 | -36.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,643 | -€17,238 | -€4,595 | -36.3% |
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 4 October 2026 via checked.be.