Immo Shared Services: what changed
Two financial 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 Shared Services
Largest movements
- Cash +€42,214
up €42,214 (+314%), from €13,463 to €55,677
mainly Trade debts (+€810,759) and Net result for the year (+€32,192)
- Receivables within one year +€24,737
up €24,737 (+1.6%), from €1.6m to €1.6m
of which Trade receivables: +€145,353
- Trade debts +€810,759
up €810,759 (+102%), from €793,616 to €1.6m
- Other debts -€745,161
no longer reported in 2025 (was €745,161)
- Profit (loss) carried forward +€32,192
up €32,192 (+146%), from €22,118 to €54,310
- Tax, wage and social debts -€25,336
down €25,336 (-56.6%), from €44,756 to €19,420
- Gross operating margin +€10,844
up €10,844 (+31.4%), from €34,579 to €45,423
- Write-downs -€9,910
no longer reported in 2025 (was €9,910)
- Taxes +€3,901
up €3,901 (+54.9%), from €7,104 to €11,005
- Financial income -€2,919
no longer reported in 2025 (was €2,919)
- Other operating charges +€840
up €840 (+111%), from €753 to €1,593
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.
Derived cash bridge
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 | €1,634,458 | €1,706,778 | +€72,320 | +4.4% |
| Current assets | 29/58 | €1,634,458 | €1,706,778 | +€72,320 | +4.4% |
| Amounts receivable within one year | 40/41 | €1,593,419 | €1,618,156 | +€24,737 | +1.6% |
| Trade receivables | 40 | €224,398 | €369,752 | +€145,353 | +64.8% |
| Other amounts receivable | 41 | €1,369,021 | €1,248,405 | -€120,616 | -8.8% |
| Cash at bank and in hand | 54/58 | €13,463 | €55,677 | +€42,214 | +314% |
| Deferred charges and accrued income | 490/1 | €27,576 | €32,944 | +€5,368 | +19.5% |
| Total equity and liabilities | 10/49 | €1,634,458 | €1,706,778 | +€72,320 | +4.4% |
| Equity | 10/15 | €47,118 | €79,310 | +€32,192 | +68.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,118 | €54,310 | +€32,192 | +146% |
| Amounts payable | 17/49 | €1,587,340 | €1,627,467 | +€40,128 | +2.5% |
| Amounts payable within one year | 42/48 | €1,587,340 | €1,627,157 | +€39,817 | +2.5% |
| Financial debts | 43 | €3,807 | €3,361 | -€446 | -11.7% |
| Credit institutions | 430/8 | €3,807 | €3,361 | -€446 | -11.7% |
| Trade debts | 44 | €793,616 | €1,604,376 | +€810,759 | +102% |
| Suppliers | 440/4 | €793,616 | €1,604,376 | +€810,759 | +102% |
| Taxes, remuneration and social security | 45 | €44,756 | €19,420 | -€25,336 | -56.6% |
| Taxes | 450/3 | €44,756 | €19,420 | -€25,336 | -56.6% |
| Other amounts payable | 47/48 | €745,161 | - | -€745,161 | |
| Accrued charges and deferred income | 492/3 | - | €311 | +€311 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,910 | - | -€9,910 | |
| Other operating charges | 640/8 | €753 | €1,593 | +€840 | +111% |
| Gross operating margin | 9900 | €34,579 | €45,423 | +€10,844 | +31.4% |
| Operating profit (loss) | 9901 | €23,916 | €43,830 | +€19,914 | +83.3% |
| Financial income | 75/76B | €2,919 | - | -€2,919 | |
| Recurring financial income | 75 | €2,919 | - | -€2,919 | |
| Financial charges | 65/66B | €505 | €633 | +€128 | +25.4% |
| Recurring financial charges | 65 | €505 | €633 | +€128 | +25.4% |
| Profit (loss) for the period before taxes | 9903 | €26,331 | €43,197 | +€16,866 | +64.1% |
| Income taxes | 67/77 | €7,104 | €11,005 | +€3,901 | +54.9% |
| Profit (loss) for the period | 9904 | €19,227 | €32,192 | +€12,965 | +67.4% |
| Profit (loss) for the period to be appropriated | 9905 | €19,227 | €32,192 | +€12,965 | +67.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.