IMMO-POM: 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-POM
Largest movements
- Cash +€76,298
up €76,298 (+45.8%), from €166,571 to €242,870
mainly Depreciation (+€37,996) and Net result for the year (+€35,526)
- Profit (loss) carried forward +€35,526
up €35,526 (+72.9%), from -€48,763 to -€13,237
- Other debts +€22,142
up €22,142 (+4.4%), from €502,031 to €524,173
- Debts after one year -€19,646
down €19,646 (-12.9%), from €151,874 to €132,228
of which Financial debts: -€23,630
- Gross operating margin +€43,614
up €43,614 (+41.5%), from €105,063 to €148,677
- Taxes +€7,019
up €7,019, from €0 to €7,019
- Other operating charges +€6,073
up €6,073 (+31.4%), from €19,370 to €25,443
- Financial income -€3,040
no longer reported in 2025 (was €3,040)
- Financial charges +€2,274
up €2,274 (+5.6%), from €40,419 to €42,692
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 | €1,713,101 | €1,767,404 | +€54,302 | +3.2% |
| Fixed assets | 21/28 | €1,523,161 | €1,517,669 | -€5,492 | -0.4% |
| Tangible fixed assets | 22/27 | €1,523,161 | €1,517,669 | -€5,492 | -0.4% |
| Land and buildings | 22 | €1,522,484 | €1,517,283 | -€5,201 | -0.3% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €676 | €386 | -€291 | -43.0% |
| Financial fixed assets | 28 | €0 | €0 | = | |
| Current assets | 29/58 | €189,941 | €249,735 | +€59,794 | +31.5% |
| Amounts receivable within one year | 40/41 | €2,350 | €912 | -€1,438 | -61.2% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €2,350 | €912 | -€1,438 | -61.2% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €166,571 | €242,870 | +€76,298 | +45.8% |
| Deferred charges and accrued income | 490/1 | €21,019 | €5,953 | -€15,066 | -71.7% |
| Total equity and liabilities | 10/49 | €1,713,101 | €1,767,404 | +€54,302 | +3.2% |
| Equity | 10/15 | €997,137 | €1,032,663 | +€35,526 | +3.6% |
| Contributions | 10/11 | €1,045,900 | €1,045,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,763 | -€13,237 | +€35,526 | +72.9% |
| Amounts payable | 17/49 | €715,964 | €734,741 | +€18,776 | +2.6% |
| Amounts payable after more than one year | 17 | €151,874 | €132,228 | -€19,646 | -12.9% |
| Financial debts | 170/4 | €151,874 | €128,243 | -€23,630 | -15.6% |
| Other amounts payable | 178/9 | €0 | €3,985 | +€3,985 | |
| Amounts payable within one year | 42/48 | €529,603 | €564,223 | +€34,620 | +6.5% |
| Current portion of amounts payable after more than one year | 42 | €22,721 | €23,630 | +€909 | +4.0% |
| Trade debts | 44 | €120 | €4,133 | +€4,014 | +3358.0% |
| Suppliers | 440/4 | €120 | €4,133 | +€4,014 | +3358.0% |
| Taxes, remuneration and social security | 45 | €4,731 | €12,286 | +€7,555 | +159.7% |
| Taxes | 450/3 | €4,731 | €12,286 | +€7,555 | +159.7% |
| Other amounts payable | 47/48 | €502,031 | €524,173 | +€22,142 | +4.4% |
| Accrued charges and deferred income | 492/3 | €34,488 | €38,290 | +€3,802 | +11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,187 | €37,996 | +€809 | +2.2% |
| Other operating charges | 640/8 | €19,370 | €25,443 | +€6,073 | +31.4% |
| Non-recurring operating charges | 66A | €2,000 | - | -€2,000 | |
| Gross operating margin | 9900 | €105,063 | €148,677 | +€43,614 | +41.5% |
| Operating profit (loss) | 9901 | €46,506 | €85,237 | +€38,732 | +83.3% |
| Financial income | 75/76B | €3,040 | - | -€3,040 | |
| Recurring financial income | 75 | €3,040 | - | -€3,040 | |
| Financial charges | 65/66B | €40,419 | €42,692 | +€2,274 | +5.6% |
| Recurring financial charges | 65 | €40,419 | €42,692 | +€2,274 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €9,127 | €42,545 | +€33,418 | +366.1% |
| Income taxes | 67/77 | €0 | €7,019 | +€7,019 | |
| Profit (loss) for the period | 9904 | €9,127 | €35,526 | +€26,399 | +289.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,127 | €35,526 | +€26,399 | +289.2% |
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.