IMMO SCHOCK: what changed
IMMO SCHOCK
Largest movements
- Cash -€28,414
down €28,414 (-47.0%), from €60,432 to €32,017
mainly Net result for the year (-€45,279) and Current investments (-€8,035)
- Tangible fixed assets -€22,089
down €22,089 (-18.7%), from €118,159 to €96,070
of which Land and buildings: -€12,136
- Current investments +€8,035
up €8,035 (+2.2%), from €357,405 to €365,439
- Profit (loss) carried forward -€33,873
down €33,873 (-31.6%), from -€107,243 to -€141,116
- Reserves -€11,405
down €11,405 (-3.4%), from €336,445 to €325,040
of which Tax-exempt reserves: -€11,405
- Other debts +€6,991
up €6,991 (+41.7%), from €16,770 to €23,761
- Gross operating margin -€9,882
down €9,882 (-49.1%), from -€20,139 to -€30,021
- Financial income +€6,566
up €6,566 (+80.6%), from €8,150 to €14,716
- Depreciation -€1,554
down €1,554 (-6.6%), from €23,643 to €22,089
- Financial charges +€523
up €523 (+5.2%), from €10,152 to €10,675
- Other operating charges -€481
down €481 (-14.2%), from €3,382 to €2,902
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €690,041 | €648,287 | -€41,755 | -6.1% |
| Fixed assets | 21/28 | €118,159 | €96,070 | -€22,089 | -18.7% |
| Tangible fixed assets | 22/27 | €118,159 | €96,070 | -€22,089 | -18.7% |
| Land and buildings | 22 | €60,745 | €48,609 | -€12,136 | -20.0% |
| Plant, machinery and equipment | 23 | €57,414 | €47,461 | -€9,953 | -17.3% |
| Current assets | 29/58 | €571,883 | €552,217 | -€19,666 | -3.4% |
| Amounts receivable within one year | 40/41 | €152,346 | €148,556 | -€3,790 | -2.5% |
| Trade receivables | 40 | €2,632 | €0 | -€2,632 | -100% |
| Other amounts receivable | 41 | €149,715 | €148,556 | -€1,159 | -0.8% |
| Current investments | 50/53 | €357,405 | €365,439 | +€8,035 | +2.2% |
| Cash at bank and in hand | 54/58 | €60,432 | €32,017 | -€28,414 | -47.0% |
| Deferred charges and accrued income | 490/1 | €1,700 | €6,205 | +€4,505 | +265% |
| Total equity and liabilities | 10/49 | €690,041 | €648,287 | -€41,755 | -6.1% |
| Equity | 10/15 | €503,403 | €458,124 | -€45,279 | -9.0% |
| Contributions | 10/11 | €274,200 | €274,200 | = | 0.0% |
| Reserves | 13 | €336,445 | €325,040 | -€11,405 | -3.4% |
| Tax-exempt reserves | 132 | €85,024 | €73,619 | -€11,405 | -13.4% |
| Distributable reserves | 133 | €251,421 | €251,421 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€107,243 | -€141,116 | -€33,873 | -31.6% |
| Provisions and deferred taxes | 16 | €29,363 | €23,490 | -€5,873 | -20.0% |
| Deferred taxes | 168 | €29,363 | €23,490 | -€5,873 | -20.0% |
| Amounts payable | 17/49 | €157,275 | €166,672 | +€9,397 | +6.0% |
| Amounts payable after more than one year | 17 | €119,000 | €119,000 | = | 0.0% |
| Financial debts | 170/4 | €119,000 | €119,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €31,205 | €37,248 | +€6,043 | +19.4% |
| Trade debts | 44 | €1,357 | €928 | -€430 | -31.6% |
| Suppliers | 440/4 | €1,357 | €928 | -€430 | -31.6% |
| Taxes, remuneration and social security | 45 | €13,078 | €12,559 | -€519 | -4.0% |
| Taxes | 450/3 | €13,078 | €12,559 | -€519 | -4.0% |
| Other amounts payable | 47/48 | €16,770 | €23,761 | +€6,991 | +41.7% |
| Accrued charges and deferred income | 492/3 | €7,070 | €10,424 | +€3,354 | +47.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,643 | €22,089 | -€1,554 | -6.6% |
| Other operating charges | 640/8 | €3,382 | €2,902 | -€481 | -14.2% |
| Gross operating margin | 9900 | -€20,139 | -€30,021 | -€9,882 | -49.1% |
| Operating profit (loss) | 9901 | -€47,164 | -€55,012 | -€7,847 | -16.6% |
| Financial income | 75/76B | €8,150 | €14,716 | +€6,566 | +80.6% |
| Recurring financial income | 75 | €8,150 | €14,716 | +€6,566 | +80.6% |
| Financial charges | 65/66B | €10,152 | €10,675 | +€523 | +5.2% |
| Recurring financial charges | 65 | €10,152 | €10,675 | +€523 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | -€49,166 | -€50,971 | -€1,805 | -3.7% |
| Transfer from deferred taxes | 780 | €5,873 | €5,873 | = | 0.0% |
| Income taxes | 67/77 | €181 | €181 | -€0 | -0.1% |
| Profit (loss) for the period | 9904 | -€43,474 | -€45,279 | -€1,805 | -4.2% |
| Transfer from tax-exempt reserves | 789 | €11,405 | €11,405 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,069 | -€33,873 | -€1,805 | -5.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.