IMMO R: 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 R
Largest movements
- Tangible fixed assets +€27,094
up €27,094 (+58.9%), from €46,021 to €73,115
of which Furniture and vehicles: +€22,559
- Receivables within one year -€2,297
no longer reported in 2025 (was €2,297)
of which Trade receivables: -€2,050
- Cash +€1,746
up €1,746 (+93.0%), from €1,878 to €3,624
mainly Other debts (+€26,662) and Depreciation (+€3,201)
- Other debts +€26,662
new in 2025: €26,662
- Profit (loss) carried forward -€2,148
down €2,148 (-9.9%), from €21,757 to €19,609
- Tax, wage and social debts +€2,057
up €2,057 (+109.6%), from €1,877 to €3,935
- Turnover +€10,900
new in 2025: €10,900
- Purchases and services +€8,846
new in 2025: €8,846
- Taxes +€8,693
new in 2025: €8,693
- Depreciation +€3,201
new in 2025: €3,201
- Gross operating margin -€976
down €976 (-7.9%), from €12,385 to €11,409
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 | €69,696 | €96,239 | +€26,543 | +38.1% |
| Fixed assets | 21/28 | €46,021 | €73,115 | +€27,094 | +58.9% |
| Tangible fixed assets | 22/27 | €46,021 | €73,115 | +€27,094 | +58.9% |
| Land and buildings | 22 | €43,332 | €47,867 | +€4,535 | +10.5% |
| Furniture and vehicles | 24 | - | €22,559 | +€22,559 | |
| Other tangible fixed assets | 26 | €2,689 | €2,689 | = | 0.0% |
| Current assets | 29/58 | €23,675 | €23,124 | -€551 | -2.3% |
| Amounts receivable within one year | 40/41 | €2,297 | - | -€2,297 | |
| Trade receivables | 40 | €2,050 | - | -€2,050 | |
| Other amounts receivable | 41 | €247 | - | -€247 | |
| Current investments | 50/53 | €19,500 | €19,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,878 | €3,624 | +€1,746 | +93.0% |
| Total equity and liabilities | 10/49 | €69,696 | €96,239 | +€26,543 | +38.1% |
| Equity | 10/15 | €67,039 | €64,891 | -€2,148 | -3.2% |
| Contributions | 10/11 | €43,897 | €43,897 | = | 0.0% |
| Capital | 10 | €43,897 | €43,897 | = | 0.0% |
| Issued capital | 100 | €43,897 | €43,897 | = | 0.0% |
| Reserves | 13 | €1,386 | €1,386 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,386 | €1,386 | = | 0.0% |
| Legal reserve | 130 | €1,386 | €1,386 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,757 | €19,609 | -€2,148 | -9.9% |
| Amounts payable | 17/49 | €2,657 | €31,347 | +€28,691 | +1080.0% |
| Amounts payable within one year | 42/48 | €1,992 | €31,347 | +€29,356 | +1474.0% |
| Trade debts | 44 | €114 | - | -€114 | |
| Suppliers | 440/4 | €114 | - | -€114 | |
| Advances received on contracts in progress | 46 | - | €750 | +€750 | |
| Taxes, remuneration and social security | 45 | €1,877 | €3,935 | +€2,057 | +109.6% |
| Taxes | 450/3 | €1,877 | €3,935 | +€2,057 | +109.6% |
| Other amounts payable | 47/48 | - | €26,662 | +€26,662 | |
| Accrued charges and deferred income | 492/3 | €665 | - | -€665 | |
| Turnover | 70 | - | €10,900 | +€10,900 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €8,846 | +€8,846 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,201 | +€3,201 | |
| Other operating charges | 640/8 | €1,319 | €1,664 | +€345 | +26.1% |
| Gross operating margin | 9900 | €12,385 | €11,409 | -€976 | -7.9% |
| Operating profit (loss) | 9901 | €11,066 | €6,545 | -€4,522 | -40.9% |
| Profit (loss) for the period before taxes | 9903 | €11,066 | €6,545 | -€4,522 | -40.9% |
| Income taxes | 67/77 | - | €8,693 | +€8,693 | |
| Profit (loss) for the period | 9904 | €11,066 | -€2,148 | -€13,214 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,066 | -€2,148 | -€13,214 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.