IMMO-PRI: 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-PRI
Largest movements
- Tangible fixed assets +€565,647
up €565,647 (+29.7%), from €1.9m to €2.5m
of which Land and buildings: +€568,056
- Deferred charges and accrued income +€431,259
up €431,259, from €0 to €431,259
- Cash -€82,845
down €82,845 (-42.0%), from €197,147 to €114,302
mainly Investment in fixed assets (net) (-€663,683) and Deferred charges and accrued income (-€431,259)
- Profit (loss) carried forward +€589,242
up €589,242 (+35.4%), from €1.7m to €2.3m
- Debts after one year +€473,100
new in 2025: €473,100
- Other debts -€158,952
down €158,952 (-43.3%), from €367,504 to €208,552
- Financial income +€606,259
up €606,259 (+2020864466.7%), from €0 to €606,259
- Depreciation +€74,520
up €74,520 (+316.9%), from €23,516 to €98,036
- Taxes -€15,911
down €15,911 (-100.0%), from €15,911 to €0
- Gross operating margin -€4,718
down €4,718 (-4.5%), from €103,717 to €98,999
- Financial charges -€4,390
down €4,390 (-22.8%), from €19,279 to €14,889
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 | €4,648,422 | €5,559,410 | +€910,988 | +19.6% |
| Fixed assets | 21/28 | €4,447,632 | €5,013,279 | +€565,647 | +12.7% |
| Tangible fixed assets | 22/27 | €1,907,675 | €2,473,322 | +€565,647 | +29.7% |
| Land and buildings | 22 | €1,755,615 | €2,323,671 | +€568,056 | +32.4% |
| Plant, machinery and equipment | 23 | - | €3,711 | +€3,711 | |
| Other tangible fixed assets | 26 | €152,060 | €145,940 | -€6,120 | -4.0% |
| Financial fixed assets | 28 | €2,539,957 | €2,539,957 | = | 0.0% |
| Current assets | 29/58 | €200,789 | €546,130 | +€345,341 | +172.0% |
| Amounts receivable within one year | 40/41 | €3,642 | €569 | -€3,073 | -84.4% |
| Other amounts receivable | 41 | €3,642 | €569 | -€3,073 | -84.4% |
| Cash at bank and in hand | 54/58 | €197,147 | €114,302 | -€82,845 | -42.0% |
| Deferred charges and accrued income | 490/1 | €0 | €431,259 | +€431,259 | |
| Total equity and liabilities | 10/49 | €4,648,422 | €5,559,410 | +€910,988 | +19.6% |
| Equity | 10/15 | €4,234,337 | €4,823,579 | +€589,242 | +13.9% |
| Contributions | 10/11 | €1,154,334 | €1,154,334 | = | 0.0% |
| Capital | 10 | €1,154,334 | €1,154,334 | = | 0.0% |
| Issued capital | 100 | €1,154,334 | €1,154,334 | = | 0.0% |
| Revaluation surpluses | 12 | €917,206 | €917,206 | = | 0.0% |
| Reserves | 13 | €496,044 | €496,044 | = | 0.0% |
| Non-distributable reserves | 130/1 | €390,453 | €390,453 | = | 0.0% |
| Legal reserve | 130 | €153,834 | €153,834 | = | 0.0% |
| Reserves not available under the articles | 1311 | €236,619 | €236,619 | = | 0.0% |
| Tax-exempt reserves | 132 | €105,591 | €105,591 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,666,753 | €2,255,995 | +€589,242 | +35.4% |
| Amounts payable | 17/49 | €414,085 | €735,831 | +€321,746 | +77.7% |
| Amounts payable after more than one year | 17 | - | €473,100 | +€473,100 | |
| Other amounts payable | 178/9 | - | €473,100 | +€473,100 | |
| Amounts payable within one year | 42/48 | €400,628 | €235,656 | -€164,972 | -41.2% |
| Trade debts | 44 | €5,201 | €21,337 | +€16,136 | +310.3% |
| Suppliers | 440/4 | €5,201 | €21,337 | +€16,136 | +310.3% |
| Taxes, remuneration and social security | 45 | €27,923 | €5,767 | -€22,156 | -79.3% |
| Taxes | 450/3 | €27,923 | €5,767 | -€22,156 | -79.3% |
| Other amounts payable | 47/48 | €367,504 | €208,552 | -€158,952 | -43.3% |
| Accrued charges and deferred income | 492/3 | €13,456 | €27,075 | +€13,619 | +101.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,516 | €98,036 | +€74,520 | +316.9% |
| Other operating charges | 640/8 | €1,781 | €3,092 | +€1,311 | +73.6% |
| Gross operating margin | 9900 | €103,717 | €98,999 | -€4,718 | -4.5% |
| Operating profit (loss) | 9901 | €78,421 | -€2,129 | -€80,549 | |
| Financial income | 75/76B | €0 | €606,259 | +€606,259 | +2020864466.7% |
| Recurring financial income | 75 | €0 | €606,259 | +€606,259 | +2020864466.7% |
| Financial charges | 65/66B | €19,279 | €14,889 | -€4,390 | -22.8% |
| Recurring financial charges | 65 | €19,279 | €14,889 | -€4,390 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | €59,142 | €589,242 | +€530,100 | +896.3% |
| Income taxes | 67/77 | €15,911 | €0 | -€15,911 | -100.0% |
| Profit (loss) for the period | 9904 | €43,231 | €589,242 | +€546,011 | +1263.0% |
| Profit (loss) for the period to be appropriated | 9905 | €43,231 | €589,242 | +€546,011 | +1263.0% |
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.