Immo SIMA: 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 SIMA
Largest movements
- Tangible fixed assets +€166,829
up €166,829 (+30.3%), from €550,156 to €716,986
- Debts after one year +€143,800
up €143,800 (+30.1%), from €477,277 to €621,077
- Current portion of long-term debt +€9,848
up €9,848 (+31.2%), from €31,536 to €41,384
- Gross operating margin -€13,278
down €13,278 (-29.6%), from €44,902 to €31,624
- Financial charges +€5,027
up €5,027 (+78.1%), from €6,439 to €11,466
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 | €577,921 | €734,504 | +€156,582 | +27.1% |
| Fixed assets | 21/28 | €550,156 | €716,986 | +€166,829 | +30.3% |
| Tangible fixed assets | 22/27 | €550,156 | €716,986 | +€166,829 | +30.3% |
| Land and buildings | 22 | €550,156 | €716,986 | +€166,829 | +30.3% |
| Current assets | 29/58 | €27,765 | €17,518 | -€10,247 | -36.9% |
| Amounts receivable within one year | 40/41 | €22,500 | €16,153 | -€6,347 | -28.2% |
| Trade receivables | 40 | - | €14,424 | +€14,424 | |
| Other amounts receivable | 41 | €22,500 | €1,729 | -€20,771 | -92.3% |
| Cash at bank and in hand | 54/58 | €5,265 | €1,365 | -€3,900 | -74.1% |
| Total equity and liabilities | 10/49 | €577,921 | €734,504 | +€156,582 | +27.1% |
| Equity | 10/15 | €64,957 | €65,769 | +€812 | +1.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,957 | €62,769 | +€812 | +1.3% |
| Amounts payable | 17/49 | €512,965 | €668,735 | +€155,770 | +30.4% |
| Amounts payable after more than one year | 17 | €477,277 | €621,077 | +€143,800 | +30.1% |
| Financial debts | 170/4 | €477,277 | €621,077 | +€143,800 | +30.1% |
| Amounts payable within one year | 42/48 | €33,937 | €44,958 | +€11,020 | +32.5% |
| Current portion of amounts payable after more than one year | 42 | €31,536 | €41,384 | +€9,848 | +31.2% |
| Trade debts | 44 | - | €10 | +€10 | |
| Suppliers | 440/4 | - | €10 | +€10 | |
| Taxes, remuneration and social security | 45 | €2,402 | €3,564 | +€1,162 | +48.4% |
| Taxes | 450/3 | €2,402 | €3,564 | +€1,162 | +48.4% |
| Accrued charges and deferred income | 492/3 | €1,750 | €2,700 | +€950 | +54.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,971 | €17,971 | = | 0.0% |
| Other operating charges | 640/8 | €796 | €1,104 | +€309 | +38.8% |
| Gross operating margin | 9900 | €44,902 | €31,624 | -€13,278 | -29.6% |
| Operating profit (loss) | 9901 | €26,136 | €12,549 | -€13,587 | -52.0% |
| Financial charges | 65/66B | €6,439 | €11,466 | +€5,027 | +78.1% |
| Recurring financial charges | 65 | €6,439 | €11,466 | +€5,027 | +78.1% |
| Profit (loss) for the period before taxes | 9903 | €19,697 | €1,083 | -€18,614 | -94.5% |
| Income taxes | 67/77 | - | €271 | +€271 | |
| Profit (loss) for the period | 9904 | €19,697 | €812 | -€18,885 | -95.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,697 | €812 | -€18,885 | -95.9% |
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 12 October 2026 via checked.be.