IMMO SJ: 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 SJ
Largest movements
- Tangible fixed assets -€15,872
down €15,872 (-4.1%), from €390,713 to €374,840
- Receivables within one year +€8,444
up €8,444 (+20.2%), from €41,877 to €50,321
- Debts after one year -€18,944
down €18,944 (-8.6%), from €219,327 to €200,383
- Reserves +€8,280
new in 2025: €8,280
- Profit (loss) carried forward +€6,346
no longer reported in 2025 (was -€6,346)
- Gross operating margin -€1,936
down €1,936 (-4.2%), from €45,690 to €43,754
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 | €438,136 | €432,486 | -€5,650 | -1.3% |
| Fixed assets | 21/28 | €390,713 | €374,840 | -€15,872 | -4.1% |
| Tangible fixed assets | 22/27 | €390,713 | €374,840 | -€15,872 | -4.1% |
| Land and buildings | 22 | €390,713 | €374,840 | -€15,872 | -4.1% |
| Current assets | 29/58 | €47,423 | €57,646 | +€10,223 | +21.6% |
| Amounts receivable within one year | 40/41 | €41,877 | €50,321 | +€8,444 | +20.2% |
| Other amounts receivable | 41 | €41,877 | €50,321 | +€8,444 | +20.2% |
| Cash at bank and in hand | 54/58 | €4,970 | €6,744 | +€1,773 | +35.7% |
| Deferred charges and accrued income | 490/1 | €576 | €582 | +€5 | +0.9% |
| Total equity and liabilities | 10/49 | €438,136 | €432,486 | -€5,650 | -1.3% |
| Equity | 10/15 | -€6,246 | €8,380 | +€14,627 | |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | - | €8,280 | +€8,280 | |
| Distributable reserves | 133 | - | €8,280 | +€8,280 | |
| Profit (loss) carried forward | 14 | -€6,346 | - | +€6,346 | |
| Amounts payable | 17/49 | €444,382 | €424,106 | -€20,276 | -4.6% |
| Amounts payable after more than one year | 17 | €219,327 | €200,383 | -€18,944 | -8.6% |
| Financial debts | 170/4 | €219,327 | €200,383 | -€18,944 | -8.6% |
| Amounts payable within one year | 42/48 | €221,043 | €219,717 | -€1,326 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €18,566 | €18,944 | +€378 | +2.0% |
| Trade debts | 44 | €1,705 | - | -€1,705 | |
| Suppliers | 440/4 | €1,705 | - | -€1,705 | |
| Other amounts payable | 47/48 | €200,773 | €200,773 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €4,012 | €4,006 | -€6 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,872 | €15,872 | = | 0.0% |
| Other operating charges | 640/8 | €8,253 | €8,393 | +€140 | +1.7% |
| Gross operating margin | 9900 | €45,690 | €43,754 | -€1,936 | -4.2% |
| Operating profit (loss) | 9901 | €21,564 | €19,488 | -€2,076 | -9.6% |
| Financial charges | 65/66B | €5,207 | €4,862 | -€346 | -6.6% |
| Recurring financial charges | 65 | €5,207 | €4,862 | -€346 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €16,357 | €14,627 | -€1,731 | -10.6% |
| Profit (loss) for the period | 9904 | €16,357 | €14,627 | -€1,731 | -10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €16,357 | €14,627 | -€1,731 | -10.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.