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
- Cash +€36,123
up €36,123 (+269.5%), from €13,406 to €49,529
mainly Trade debts (+€25,444) and Net result for the year (+€20,685)
- Receivables within one year +€17,940
up €17,940 (+52.8%), from €33,975 to €51,915
of which Trade receivables: +€25,407
- Tangible fixed assets -€8,547
down €8,547 (-5.9%), from €143,665 to €135,118
of which Land and buildings: -€5,632
- Financial fixed assets +€3,838
up €3,838 (+142.2%), from €2,700 to €6,538
- Trade debts +€25,444
up €25,444 (+39.9%), from €63,759 to €89,203
- Profit (loss) carried forward +€20,685
up €20,685 (+172.3%), from €12,009 to €32,694
- Other debts +€9,019
up €9,019 (+5253.3%), from €172 to €9,191
- Debts after one year -€7,055
down €7,055 (-7.3%), from €96,889 to €89,833
- Gross operating margin +€32,566
up €32,566 (+759.8%), from €4,286 to €36,852
- Taxes +€5,242
up €5,242, from -€476 to €4,766
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 | €193,837 | €243,192 | +€49,356 | +25.5% |
| Fixed assets | 21/28 | €146,365 | €141,656 | -€4,708 | -3.2% |
| Tangible fixed assets | 22/27 | €143,665 | €135,118 | -€8,547 | -5.9% |
| Land and buildings | 22 | €127,259 | €121,627 | -€5,632 | -4.4% |
| Plant, machinery and equipment | 23 | €15,133 | €12,380 | -€2,752 | -18.2% |
| Furniture and vehicles | 24 | €1,273 | €1,111 | -€162 | -12.7% |
| Financial fixed assets | 28 | €2,700 | €6,538 | +€3,838 | +142.2% |
| Current assets | 29/58 | €47,472 | €101,536 | +€54,064 | +113.9% |
| Amounts receivable within one year | 40/41 | €33,975 | €51,915 | +€17,940 | +52.8% |
| Trade receivables | 40 | €25,640 | €51,047 | +€25,407 | +99.1% |
| Other amounts receivable | 41 | €8,335 | €868 | -€7,467 | -89.6% |
| Cash at bank and in hand | 54/58 | €13,406 | €49,529 | +€36,123 | +269.5% |
| Deferred charges and accrued income | 490/1 | €91 | €92 | +€1 | +1.1% |
| Total equity and liabilities | 10/49 | €193,837 | €243,192 | +€49,356 | +25.5% |
| Equity | 10/15 | €22,009 | €42,694 | +€20,685 | +94.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,009 | €32,694 | +€20,685 | +172.3% |
| Amounts payable | 17/49 | €171,828 | €200,499 | +€28,671 | +16.7% |
| Amounts payable after more than one year | 17 | €96,889 | €89,833 | -€7,055 | -7.3% |
| Financial debts | 170/4 | €96,889 | €89,833 | -€7,055 | -7.3% |
| Amounts payable within one year | 42/48 | €74,940 | €110,479 | +€35,540 | +47.4% |
| Current portion of amounts payable after more than one year | 42 | €6,849 | €7,055 | +€206 | +3.0% |
| Trade debts | 44 | €63,759 | €89,203 | +€25,444 | +39.9% |
| Suppliers | 440/4 | €63,759 | €89,203 | +€25,444 | +39.9% |
| Taxes, remuneration and social security | 45 | €4,160 | €5,030 | +€870 | +20.9% |
| Taxes | 450/3 | €4,160 | €5,030 | +€870 | +20.9% |
| Other amounts payable | 47/48 | €172 | €9,191 | +€9,019 | +5253.3% |
| Accrued charges and deferred income | 492/3 | - | €186 | +€186 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,547 | €8,547 | = | 0.0% |
| Gross operating margin | 9900 | €4,286 | €36,852 | +€32,566 | +759.8% |
| Operating profit (loss) | 9901 | -€4,261 | €28,305 | +€32,566 | |
| Financial income | 75/76B | €96 | €135 | +€39 | +40.8% |
| Recurring financial income | 75 | €96 | €135 | +€39 | +40.8% |
| Financial charges | 65/66B | €3,207 | €2,989 | -€218 | -6.8% |
| Recurring financial charges | 65 | €3,207 | €2,989 | -€218 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | -€7,372 | €25,451 | +€32,823 | |
| Income taxes | 67/77 | -€476 | €4,766 | +€5,242 | |
| Profit (loss) for the period | 9904 | -€6,896 | €20,685 | +€27,581 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,896 | €20,685 | +€27,581 |
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 2 October 2026 via checked.be.