IMMO-PROPRIETY: 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-PROPRIETY
Largest movements
- Tangible fixed assets -€56,040
down €56,040 (-6.9%), from €807,928 to €751,888
of which Plant, machinery and equipment: -€44,228
- Debts after one year -€80,161
down €80,161 (-15.4%), from €519,502 to €439,341
- Profit (loss) carried forward +€22,850
up €22,850 (+7.0%), from -€327,449 to -€304,599
- Gross operating margin +€28,417
up €28,417 (+39.4%), from €72,189 to €100,606
- Other operating charges -€10,238
down €10,238 (-47.5%), from €21,565 to €11,327
- Financial charges -€2,360
down €2,360 (-18.5%), from €12,749 to €10,389
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 | €809,328 | €753,610 | -€55,718 | -6.9% |
| Fixed assets | 21/28 | €807,928 | €751,888 | -€56,040 | -6.9% |
| Tangible fixed assets | 22/27 | €807,928 | €751,888 | -€56,040 | -6.9% |
| Land and buildings | 22 | €367,312 | €355,500 | -€11,812 | -3.2% |
| Plant, machinery and equipment | 23 | €440,616 | €396,388 | -€44,228 | -10.0% |
| Current assets | 29/58 | €1,400 | €1,722 | +€322 | +23.0% |
| Cash at bank and in hand | 54/58 | €1,400 | €1,722 | +€322 | +23.0% |
| Total equity and liabilities | 10/49 | €809,328 | €753,610 | -€55,718 | -6.9% |
| Equity | 10/15 | -€308,849 | -€285,999 | +€22,850 | +7.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€327,449 | -€304,599 | +€22,850 | +7.0% |
| Amounts payable | 17/49 | €1,118,177 | €1,039,609 | -€78,568 | -7.0% |
| Amounts payable after more than one year | 17 | €519,502 | €439,341 | -€80,161 | -15.4% |
| Financial debts | 170/4 | €519,502 | €439,341 | -€80,161 | -15.4% |
| Amounts payable within one year | 42/48 | €598,675 | €600,268 | +€1,593 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €110,765 | €112,052 | +€1,287 | +1.2% |
| Trade debts | 44 | €8,980 | €10,711 | +€1,731 | +19.3% |
| Suppliers | 440/4 | €8,980 | €10,711 | +€1,731 | +19.3% |
| Other amounts payable | 47/48 | €478,930 | €477,505 | -€1,425 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,040 | €56,040 | = | 0.0% |
| Other operating charges | 640/8 | €21,565 | €11,327 | -€10,238 | -47.5% |
| Gross operating margin | 9900 | €72,189 | €100,606 | +€28,417 | +39.4% |
| Operating profit (loss) | 9901 | -€5,416 | €33,239 | +€38,655 | |
| Financial charges | 65/66B | €12,749 | €10,389 | -€2,360 | -18.5% |
| Recurring financial charges | 65 | €12,749 | €10,389 | -€2,360 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | -€18,165 | €22,850 | +€41,015 | |
| Profit (loss) for the period | 9904 | -€18,165 | €22,850 | +€41,015 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,165 | €22,850 | +€41,015 |
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 14 October 2026 via checked.be.