immo s.v.: 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 s.v.
Largest movements
- Stocks and contracts +€16,301
up €16,301 (+1.7%), from €982,505 to €998,806
- Accrued charges and deferred income +€17,299
up €17,299 (+7.5%), from €229,329 to €246,628
- Gross operating margin -€11,884
down €11,884, from €9,040 to -€2,843
- Other operating charges +€2,535
up €2,535 (+210.6%), from €1,204 to €3,738
- Taxes -€1,496
down €1,496 (-99.8%), from €1,500 to €4
- Financial charges -€333
down €333 (-66.7%), from €499 to €166
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 | €987,381 | €998,819 | +€11,438 | +1.2% |
| Current assets | 29/58 | €987,381 | €998,819 | +€11,438 | +1.2% |
| Stocks and contracts in progress | 3 | €982,505 | €998,806 | +€16,301 | +1.7% |
| Stocks | 30/36 | €982,505 | €998,806 | +€16,301 | +1.7% |
| Amounts receivable within one year | 40/41 | €4,468 | €0 | -€4,468 | -100.0% |
| Trade receivables | 40 | €2,500 | €0 | -€2,500 | -100.0% |
| Other amounts receivable | 41 | €1,968 | €0 | -€1,968 | -100.0% |
| Cash at bank and in hand | 54/58 | €408 | €12 | -€395 | -96.9% |
| Total equity and liabilities | 10/49 | €987,381 | €998,819 | +€11,438 | +1.2% |
| Equity | 10/15 | €54,503 | €47,751 | -€6,752 | -12.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,051 | €27,300 | -€6,752 | -19.8% |
| Amounts payable | 17/49 | €932,878 | €951,068 | +€18,189 | +1.9% |
| Amounts payable within one year | 42/48 | €703,549 | €704,439 | +€890 | +0.1% |
| Trade debts | 44 | €1,020 | €604 | -€416 | -40.8% |
| Suppliers | 440/4 | €1,020 | €604 | -€416 | -40.8% |
| Taxes, remuneration and social security | 45 | €1,500 | €1,504 | +€4 | +0.2% |
| Taxes | 450/3 | €1,500 | €1,504 | +€4 | +0.2% |
| Other amounts payable | 47/48 | €701,029 | €702,331 | +€1,303 | +0.2% |
| Accrued charges and deferred income | 492/3 | €229,329 | €246,628 | +€17,299 | +7.5% |
| Other operating charges | 640/8 | €1,204 | €3,738 | +€2,535 | +210.6% |
| Gross operating margin | 9900 | €9,040 | -€2,843 | -€11,884 | |
| Operating profit (loss) | 9901 | €7,837 | -€6,582 | -€14,419 | |
| Financial charges | 65/66B | €499 | €166 | -€333 | -66.7% |
| Recurring financial charges | 65 | €499 | €166 | -€333 | -66.7% |
| Profit (loss) for the period before taxes | 9903 | €7,338 | -€6,748 | -€14,086 | |
| Income taxes | 67/77 | €1,500 | €4 | -€1,496 | -99.8% |
| Profit (loss) for the period | 9904 | €5,838 | -€6,752 | -€12,589 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,838 | -€6,752 | -€12,589 |
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 5 October 2026 via checked.be.