IMMO PROJEKT: what changed
Two financial 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 PROJEKT
Largest movements
- Tangible fixed assets -€4,533
down €4,533 (-15.0%), from €30,210 to €25,677
- Cash -€2,772
down €2,772 (-6.0%), from €46,565 to €43,793
mainly Net result for the year (-€8,026) and Receivables within one year (-€537)
- Reserves -€8,026
down €8,026 (-9.9%), from €80,953 to €72,928
of which Distributable reserves: -€8,026
- Trade debts +€1,406
up €1,406 (+148%), from €952 to €2,358
- Gross operating margin +€3,931
up €3,931 (+56.9%), from -€6,907 to -€2,975
- Other operating charges -€638
down €638 (-40.8%), from €1,564 to €927
- Financial income -€444
down €444 (-42.7%), from €1,039 to €595
- Depreciation +€270
up €270 (+6.3%), from €4,263 to €4,533
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.
Derived cash bridge
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 | €92,194 | €85,426 | -€6,768 | -7.3% |
| Fixed assets | 21/28 | €30,210 | €25,677 | -€4,533 | -15.0% |
| Tangible fixed assets | 22/27 | €30,210 | €25,677 | -€4,533 | -15.0% |
| Furniture and vehicles | 24 | €30,210 | €25,677 | -€4,533 | -15.0% |
| Current assets | 29/58 | €61,984 | €59,749 | -€2,235 | -3.6% |
| Amounts receivable within one year | 40/41 | €15,419 | €15,957 | +€537 | +3.5% |
| Trade receivables | 40 | €3,763 | €5,139 | +€1,376 | +36.6% |
| Other amounts receivable | 41 | €11,656 | €10,817 | -€839 | -7.2% |
| Cash at bank and in hand | 54/58 | €46,565 | €43,793 | -€2,772 | -6.0% |
| Total equity and liabilities | 10/49 | €92,194 | €85,426 | -€6,768 | -7.3% |
| Equity | 10/15 | €90,953 | €82,928 | -€8,026 | -8.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €80,953 | €72,928 | -€8,026 | -9.9% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €74,756 | €66,730 | -€8,026 | -10.7% |
| Amounts payable | 17/49 | €1,241 | €2,499 | +€1,257 | +101% |
| Amounts payable within one year | 42/48 | €1,241 | €2,499 | +€1,257 | +101% |
| Trade debts | 44 | €952 | €2,358 | +€1,406 | +148% |
| Suppliers | 440/4 | €952 | €2,358 | +€1,406 | +148% |
| Taxes, remuneration and social security | 45 | €289 | €141 | -€149 | -51.3% |
| Taxes | 450/3 | €289 | €141 | -€149 | -51.3% |
| Non-recurring operating income | 76A | €5,213 | - | -€5,213 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,263 | €4,533 | +€270 | +6.3% |
| Other operating charges | 640/8 | €1,564 | €927 | -€638 | -40.8% |
| Gross operating margin | 9900 | -€6,907 | -€2,975 | +€3,931 | +56.9% |
| Operating profit (loss) | 9901 | -€12,734 | -€8,435 | +€4,299 | +33.8% |
| Financial income | 75/76B | €1,039 | €595 | -€444 | -42.7% |
| Recurring financial income | 75 | €1,039 | €595 | -€444 | -42.7% |
| Financial charges | 65/66B | €45 | €45 | -€0 | -0.2% |
| Recurring financial charges | 65 | €45 | €45 | -€0 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | -€11,740 | -€7,885 | +€3,855 | +32.8% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€11,880 | -€8,026 | +€3,854 | +32.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,880 | -€8,026 | +€3,854 | +32.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.