IMMO ROBERT: 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 ROBERT
Largest movements
- Tangible fixed assets -€34,590
down €34,590 (-7.2%), from €479,463 to €444,873
- Receivables within one year -€7,572
down €7,572 (-10.0%), from €75,594 to €68,022
of which Other amounts receivable: -€7,760
- Profit (loss) carried forward -€87,536
down €87,536 (-80.9%), from -€108,191 to -€195,727
- Trade debts +€60,445
up €60,445 (+1042.7%), from €5,797 to €66,242
- Revaluation surpluses -€17,485
down €17,485 (-20.1%), from €87,089 to €69,604
- Short-term financial debts +€7,355
up €7,355 (+15.4%), from €47,799 to €55,154
- Gross operating margin -€65,237
down €65,237, from €37,460 to -€27,777
- Financial charges +€8,117
up €8,117 (+54.3%), from €14,939 to €23,056
- Other operating charges -€1,951
down €1,951 (-24.8%), from €7,857 to €5,906
- Depreciation -€800
down €800 (-2.3%), from €35,390 to €34,590
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 | €555,120 | €518,262 | -€36,858 | -6.6% |
| Fixed assets | 21/28 | €479,463 | €444,873 | -€34,590 | -7.2% |
| Tangible fixed assets | 22/27 | €479,463 | €444,873 | -€34,590 | -7.2% |
| Land and buildings | 22 | €479,463 | €444,873 | -€34,590 | -7.2% |
| Current assets | 29/58 | €75,657 | €73,389 | -€2,268 | -3.0% |
| Amounts receivable within one year | 40/41 | €75,594 | €68,022 | -€7,572 | -10.0% |
| Trade receivables | 40 | €3,605 | €3,794 | +€188 | +5.2% |
| Other amounts receivable | 41 | €71,988 | €64,228 | -€7,760 | -10.8% |
| Cash at bank and in hand | 54/58 | €63 | €63 | +€0 | +0.4% |
| Deferred charges and accrued income | 490/1 | - | €5,304 | +€5,304 | |
| Total equity and liabilities | 10/49 | €555,120 | €518,262 | -€36,858 | -6.6% |
| Equity | 10/15 | €57,498 | -€47,523 | -€105,020 | |
| Contributions | 10/11 | €78,600 | €78,600 | = | 0.0% |
| Revaluation surpluses | 12 | €87,089 | €69,604 | -€17,485 | -20.1% |
| Profit (loss) carried forward | 14 | -€108,191 | -€195,727 | -€87,536 | -80.9% |
| Amounts payable | 17/49 | €497,622 | €565,784 | +€68,162 | +13.7% |
| Amounts payable after more than one year | 17 | €431,009 | €426,564 | -€4,445 | -1.0% |
| Financial debts | 170/4 | €431,009 | €426,564 | -€4,445 | -1.0% |
| Amounts payable within one year | 42/48 | €66,613 | €139,220 | +€72,607 | +109.0% |
| Current portion of amounts payable after more than one year | 42 | €11,367 | €16,174 | +€4,807 | +42.3% |
| Financial debts | 43 | €47,799 | €55,154 | +€7,355 | +15.4% |
| Credit institutions | 430/8 | €47,799 | €55,154 | +€7,355 | +15.4% |
| Trade debts | 44 | €5,797 | €66,242 | +€60,445 | +1042.7% |
| Suppliers | 440/4 | €5,797 | €66,242 | +€60,445 | +1042.7% |
| Other amounts payable | 47/48 | €1,650 | €1,650 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,390 | €34,590 | -€800 | -2.3% |
| Other operating charges | 640/8 | €7,857 | €5,906 | -€1,951 | -24.8% |
| Gross operating margin | 9900 | €37,460 | -€27,777 | -€65,237 | |
| Operating profit (loss) | 9901 | -€5,787 | -€68,274 | -€62,486 | -1079.7% |
| Financial income | 75/76B | €3,606 | €3,794 | +€188 | +5.2% |
| Recurring financial income | 75 | €3,606 | €3,794 | +€188 | +5.2% |
| Financial charges | 65/66B | €14,939 | €23,056 | +€8,117 | +54.3% |
| Recurring financial charges | 65 | €14,939 | €23,056 | +€8,117 | +54.3% |
| Profit (loss) for the period before taxes | 9903 | -€17,120 | -€87,535 | -€70,416 | -411.3% |
| Income taxes | 67/77 | €0 | €0 | -€0 | -53.8% |
| Profit (loss) for the period | 9904 | -€17,120 | -€87,536 | -€70,415 | -411.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,120 | -€87,536 | -€70,415 | -411.3% |
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 30 September 2026 via checked.be.