IMMO SCHOTS: 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 SCHOTS
Largest movements
- Tangible fixed assets -€41,381
down €41,381 (-3.0%), from €1.4m to €1.4m
of which Land and buildings: -€40,611
- Profit (loss) carried forward +€43,296
up €43,296 (+51.6%), from -€83,952 to -€40,657
- Debts after one year -€25,573
down €25,573 (-5.6%), from €454,844 to €429,271
- Other debts -€21,835
down €21,835 (-9.6%), from €226,588 to €204,752
- Reserves -€17,625
down €17,625 (-3.4%), from €512,203 to €494,578
of which Tax-exempt reserves: -€17,625
- Gross operating margin +€827
up €827 (+1.1%), from €73,032 to €73,859
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 | €1,398,715 | €1,370,926 | -€27,789 | -2.0% |
| Fixed assets | 21/28 | €1,397,571 | €1,356,190 | -€41,381 | -3.0% |
| Tangible fixed assets | 22/27 | €1,397,571 | €1,356,190 | -€41,381 | -3.0% |
| Land and buildings | 22 | €1,395,460 | €1,354,849 | -€40,611 | -2.9% |
| Furniture and vehicles | 24 | €2,112 | €1,341 | -€771 | -36.5% |
| Current assets | 29/58 | €1,143 | €14,736 | +€13,593 | +1188.9% |
| Cash at bank and in hand | 54/58 | - | €13,542 | +€13,542 | |
| Deferred charges and accrued income | 490/1 | €1,143 | €1,194 | +€50 | +4.4% |
| Total equity and liabilities | 10/49 | €1,398,715 | €1,370,926 | -€27,789 | -2.0% |
| Equity | 10/15 | €526,505 | €552,176 | +€25,671 | +4.9% |
| Contributions | 10/11 | €98,255 | €98,255 | = | 0.0% |
| Capital | 10 | €98,255 | €98,255 | = | 0.0% |
| Issued capital | 100 | €98,255 | €98,255 | = | 0.0% |
| Reserves | 13 | €512,203 | €494,578 | -€17,625 | -3.4% |
| Non-distributable reserves | 130/1 | €23,845 | €23,845 | = | 0.0% |
| Legal reserve | 130 | €23,845 | €23,845 | = | 0.0% |
| Tax-exempt reserves | 132 | €488,329 | €470,704 | -€17,625 | -3.6% |
| Distributable reserves | 133 | €29 | €29 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,952 | -€40,657 | +€43,296 | +51.6% |
| Provisions and deferred taxes | 16 | €162,776 | €156,901 | -€5,875 | -3.6% |
| Deferred taxes | 168 | €162,776 | €156,901 | -€5,875 | -3.6% |
| Amounts payable | 17/49 | €709,433 | €661,848 | -€47,585 | -6.7% |
| Amounts payable after more than one year | 17 | €454,844 | €429,271 | -€25,573 | -5.6% |
| Financial debts | 170/4 | €454,844 | €429,271 | -€25,573 | -5.6% |
| Amounts payable within one year | 42/48 | €252,600 | €230,781 | -€21,818 | -8.6% |
| Current portion of amounts payable after more than one year | 42 | €25,988 | €25,573 | -€415 | -1.6% |
| Trade debts | 44 | €24 | €456 | +€432 | +1784.8% |
| Suppliers | 440/4 | €24 | €456 | +€432 | +1784.8% |
| Other amounts payable | 47/48 | €226,588 | €204,752 | -€21,835 | -9.6% |
| Accrued charges and deferred income | 492/3 | €1,990 | €1,796 | -€194 | -9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,381 | €41,381 | = | 0.0% |
| Other operating charges | 640/8 | €4,168 | €4,298 | +€130 | +3.1% |
| Gross operating margin | 9900 | €73,032 | €73,859 | +€827 | +1.1% |
| Operating profit (loss) | 9901 | €27,482 | €28,180 | +€697 | +2.5% |
| Financial charges | 65/66B | €8,202 | €8,383 | +€181 | +2.2% |
| Recurring financial charges | 65 | €8,202 | €8,383 | +€181 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €19,280 | €19,797 | +€517 | +2.7% |
| Transfer from deferred taxes | 780 | €5,875 | €5,875 | = | 0.0% |
| Profit (loss) for the period | 9904 | €25,155 | €25,671 | +€517 | +2.1% |
| Transfer from tax-exempt reserves | 789 | €17,625 | €17,625 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €42,779 | €43,296 | +€517 | +1.2% |
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 4 October 2026 via checked.be.