IMMO SELECK: 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 SELECK
Largest movements
- Tangible fixed assets -€6,229
down €6,229 (-2.8%), from €223,878 to €217,649
of which Furniture and vehicles: -€5,414
- Cash -€2,892
down €2,892 (-28.2%), from €10,254 to €7,362
mainly Net result for the year (-€10,701) and Trade debts (-€713)
- Profit (loss) carried forward -€10,701
down €10,701 (-31.0%), from -€34,566 to -€45,267
- Depreciation -€587
down €587 (-8.6%), from €6,817 to €6,229
- Gross operating margin -€346
down €346 (-9.8%), from -€3,531 to -€3,876
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 | €236,265 | €225,506 | -€10,759 | -4.6% |
| Fixed assets | 21/28 | €223,878 | €217,649 | -€6,229 | -2.8% |
| Tangible fixed assets | 22/27 | €223,878 | €217,649 | -€6,229 | -2.8% |
| Land and buildings | 22 | €205,011 | €204,196 | -€815 | -0.4% |
| Furniture and vehicles | 24 | €18,867 | €13,453 | -€5,414 | -28.7% |
| Current assets | 29/58 | €12,387 | €7,857 | -€4,530 | -36.6% |
| Amounts receivable within one year | 40/41 | €968 | €71 | -€896 | -92.6% |
| Other amounts receivable | 41 | €968 | €71 | -€896 | -92.6% |
| Cash at bank and in hand | 54/58 | €10,254 | €7,362 | -€2,892 | -28.2% |
| Deferred charges and accrued income | 490/1 | €1,165 | €424 | -€741 | -63.6% |
| Total equity and liabilities | 10/49 | €236,265 | €225,506 | -€10,759 | -4.6% |
| Equity | 10/15 | €195,434 | €184,733 | -€10,701 | -5.5% |
| Contributions | 10/11 | €230,000 | €230,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,566 | -€45,267 | -€10,701 | -31.0% |
| Amounts payable | 17/49 | €40,831 | €40,773 | -€58 | -0.1% |
| Amounts payable within one year | 42/48 | €40,831 | €40,773 | -€58 | -0.1% |
| Trade debts | 44 | €1,144 | €431 | -€713 | -62.3% |
| Suppliers | 440/4 | €1,144 | €431 | -€713 | -62.3% |
| Other amounts payable | 47/48 | €39,687 | €40,341 | +€655 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,817 | €6,229 | -€587 | -8.6% |
| Other operating charges | 640/8 | €540 | €553 | +€13 | +2.4% |
| Gross operating margin | 9900 | -€3,531 | -€3,876 | -€346 | -9.8% |
| Operating profit (loss) | 9901 | -€10,888 | -€10,659 | +€229 | +2.1% |
| Financial charges | 65/66B | €57 | €42 | -€15 | -26.3% |
| Recurring financial charges | 65 | €57 | €42 | -€15 | -26.3% |
| Profit (loss) for the period before taxes | 9903 | -€10,945 | -€10,701 | +€244 | +2.2% |
| Profit (loss) for the period | 9904 | -€10,945 | -€10,701 | +€244 | +2.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,945 | -€10,701 | +€244 | +2.2% |
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 7 October 2026 via checked.be.