Immo Simon: 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 Simon
Largest movements
- Receivables within one year -€69,678
down €69,678 (-100.0%), from €69,678 to €0
of which Other amounts receivable: -€69,678
- Cash +€68,952
up €68,952 (+4321.5%), from €1,596 to €70,547
mainly Receivables within one year (+€69,678) and Depreciation (+€21,246)
- Tangible fixed assets -€20,162
down €20,162 (-3.2%), from €629,290 to €609,128
of which Land and buildings: -€16,227
- Debts after one year -€31,814
down €31,814 (-4.7%), from €670,185 to €638,371
- Turnover +€55,587
new in 2025: €55,587
- Gross operating margin +€39,132
up €39,132 (+293.1%), from €13,349 to €52,481
- Depreciation +€10,238
up €10,238 (+93.0%), from €11,007 to €21,246
- Financial charges +€9,816
up €9,816 (+106.7%), from €9,199 to €19,015
- Other operating charges +€6,337
new in 2025: €6,337
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 | €703,226 | €681,254 | -€21,972 | -3.1% |
| Formation expenses | 20 | €2,662 | €1,579 | -€1,084 | -40.7% |
| Fixed assets | 21/28 | €629,290 | €609,128 | -€20,162 | -3.2% |
| Tangible fixed assets | 22/27 | €629,290 | €609,128 | -€20,162 | -3.2% |
| Land and buildings | 22 | €574,426 | €558,198 | -€16,227 | -2.8% |
| Plant, machinery and equipment | 23 | €54,864 | €50,929 | -€3,935 | -7.2% |
| Current assets | 29/58 | €71,274 | €70,547 | -€726 | -1.0% |
| Amounts receivable within one year | 40/41 | €69,678 | €0 | -€69,678 | -100.0% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €69,678 | €0 | -€69,678 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,596 | €70,547 | +€68,952 | +4321.5% |
| Total equity and liabilities | 10/49 | €703,226 | €681,254 | -€21,972 | -3.1% |
| Equity | 10/15 | -€632 | €5,252 | +€5,884 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,632 | €252 | +€5,884 | |
| Amounts payable | 17/49 | €703,858 | €676,002 | -€27,856 | -4.0% |
| Amounts payable after more than one year | 17 | €670,185 | €638,371 | -€31,814 | -4.7% |
| Financial debts | 170/4 | €670,185 | €638,371 | -€31,814 | -4.7% |
| Amounts payable within one year | 42/48 | €33,673 | €37,631 | +€3,958 | +11.8% |
| Current portion of amounts payable after more than one year | 42 | €30,600 | €33,697 | +€3,097 | +10.1% |
| Trade debts | 44 | €2,063 | €0 | -€2,063 | -100.0% |
| Suppliers | 440/4 | €2,063 | €0 | -€2,063 | -100.0% |
| Taxes, remuneration and social security | 45 | €0 | €2,736 | +€2,736 | |
| Taxes | 450/3 | €0 | €2,736 | +€2,736 | |
| Other amounts payable | 47/48 | €1,009 | €1,197 | +€188 | +18.6% |
| Turnover | 70 | - | €55,587 | +€55,587 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €3,106 | +€3,106 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,007 | €21,246 | +€10,238 | +93.0% |
| Other operating charges | 640/8 | - | €6,337 | +€6,337 | |
| Gross operating margin | 9900 | €13,349 | €52,481 | +€39,132 | +293.1% |
| Operating profit (loss) | 9901 | €2,342 | €24,898 | +€22,557 | +963.2% |
| Financial charges | 65/66B | €9,199 | €19,015 | +€9,816 | +106.7% |
| Recurring financial charges | 65 | €9,199 | €19,015 | +€9,816 | +106.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,857 | €5,884 | +€12,741 | |
| Profit (loss) for the period | 9904 | -€6,857 | €5,884 | +€12,741 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,857 | €5,884 | +€12,741 |
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 5 October 2026 via checked.be.