IMMO SILVER: 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 SILVER
Largest movements
- Tangible fixed assets -€20,973
down €20,973 (-9.3%), from €224,707 to €203,734
- Receivables within one year +€7,000
up €7,000 (+19.0%), from €36,869 to €43,869
- Profit (loss) carried forward -€7,918
down €7,918 (-12.9%), from €61,541 to €53,623
- Tax, wage and social debts -€5,900
down €5,900 (-100.0%), from €5,900 to €0
- Gross operating margin -€674
down €674 (-3.4%), from €19,670 to €18,996
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 | €261,772 | €247,955 | -€13,818 | -5.3% |
| Fixed assets | 21/28 | €224,707 | €203,734 | -€20,973 | -9.3% |
| Tangible fixed assets | 22/27 | €224,707 | €203,734 | -€20,973 | -9.3% |
| Land and buildings | 22 | €224,707 | €203,734 | -€20,973 | -9.3% |
| Current assets | 29/58 | €37,065 | €44,221 | +€7,156 | +19.3% |
| Amounts receivable within one year | 40/41 | €36,869 | €43,869 | +€7,000 | +19.0% |
| Other amounts receivable | 41 | €36,869 | €43,869 | +€7,000 | +19.0% |
| Cash at bank and in hand | 54/58 | €196 | €352 | +€156 | +79.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €261,772 | €247,955 | -€13,818 | -5.3% |
| Equity | 10/15 | €222,716 | €214,798 | -€7,918 | -3.6% |
| Contributions | 10/11 | €62,023 | €62,023 | = | 0.0% |
| Reserves | 13 | €99,152 | €99,152 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €99,152 | €99,152 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,541 | €53,623 | -€7,918 | -12.9% |
| Amounts payable | 17/49 | €39,057 | €33,157 | -€5,900 | -15.1% |
| Amounts payable after more than one year | 17 | €18,000 | €18,000 | = | 0.0% |
| Other amounts payable | 178/9 | €18,000 | €18,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €21,057 | €15,157 | -€5,900 | -28.0% |
| Taxes, remuneration and social security | 45 | €5,900 | €0 | -€5,900 | -100.0% |
| Taxes | 450/3 | €5,900 | €0 | -€5,900 | -100.0% |
| Other amounts payable | 47/48 | €15,157 | €15,157 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,987 | €20,973 | -€13 | -0.1% |
| Other operating charges | 640/8 | €5,384 | €5,555 | +€170 | +3.2% |
| Gross operating margin | 9900 | €19,670 | €18,996 | -€674 | -3.4% |
| Operating profit (loss) | 9901 | -€6,701 | -€7,532 | -€831 | -12.4% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €461 | €385 | -€75 | -16.3% |
| Recurring financial charges | 65 | €461 | €385 | -€75 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | -€7,162 | -€7,918 | -€756 | -10.6% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €0 | €0 | -€0 | -100.0% |
| Profit (loss) for the period | 9904 | -€7,162 | -€7,918 | -€756 | -10.6% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,162 | -€7,918 | -€756 | -10.6% |
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 3 October 2026 via checked.be.