IMMO STEND: 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 STEND
Largest movements
- Tangible fixed assets -€21,034
down €21,034 (-5.6%), from €374,067 to €353,033
of which Land and buildings: -€20,544
- Debts after one year -€27,232
down €27,232 (-8.8%), from €310,734 to €283,502
- Profit (loss) carried forward +€16,782
up €16,782 (+31.4%), from -€53,508 to -€36,726
- Other debts -€8,500
down €8,500 (-11.5%), from €74,000 to €65,500
- Gross operating margin -€4,708
down €4,708 (-9.8%), from €47,826 to €43,118
- Financial charges -€827
down €827 (-16.3%), from €5,082 to €4,254
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 | €401,013 | €380,397 | -€20,616 | -5.1% |
| Fixed assets | 21/28 | €374,067 | €353,033 | -€21,034 | -5.6% |
| Tangible fixed assets | 22/27 | €374,067 | €353,033 | -€21,034 | -5.6% |
| Land and buildings | 22 | €372,854 | €352,309 | -€20,544 | -5.5% |
| Furniture and vehicles | 24 | €1,213 | €723 | -€490 | -40.4% |
| Current assets | 29/58 | €26,946 | €27,364 | +€418 | +1.6% |
| Amounts receivable within one year | 40/41 | €31 | €56 | +€25 | +83.2% |
| Other amounts receivable | 41 | €31 | €56 | +€25 | +83.2% |
| Cash at bank and in hand | 54/58 | €26,155 | €26,988 | +€833 | +3.2% |
| Deferred charges and accrued income | 490/1 | €760 | €320 | -€440 | -57.9% |
| Total equity and liabilities | 10/49 | €401,013 | €380,397 | -€20,616 | -5.1% |
| Equity | 10/15 | -€19,508 | -€2,726 | +€16,782 | +86.0% |
| Contributions | 10/11 | €34,000 | €34,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,508 | -€36,726 | +€16,782 | +31.4% |
| Amounts payable | 17/49 | €420,520 | €383,123 | -€37,398 | -8.9% |
| Amounts payable after more than one year | 17 | €310,734 | €283,502 | -€27,232 | -8.8% |
| Financial debts | 170/4 | €310,734 | €283,502 | -€27,232 | -8.8% |
| Amounts payable within one year | 42/48 | €108,832 | €98,668 | -€10,164 | -9.3% |
| Current portion of amounts payable after more than one year | 42 | €29,994 | €28,697 | -€1,297 | -4.3% |
| Trade debts | 44 | €4,837 | €4,471 | -€367 | -7.6% |
| Suppliers | 440/4 | €4,837 | €4,471 | -€367 | -7.6% |
| Other amounts payable | 47/48 | €74,000 | €65,500 | -€8,500 | -11.5% |
| Accrued charges and deferred income | 492/3 | €955 | €953 | -€2 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,034 | €21,034 | = | 0.0% |
| Other operating charges | 640/8 | €1,170 | €1,133 | -€37 | -3.2% |
| Gross operating margin | 9900 | €47,826 | €43,118 | -€4,708 | -9.8% |
| Operating profit (loss) | 9901 | €25,623 | €20,951 | -€4,671 | -18.2% |
| Financial income | 75/76B | €102 | €85 | -€17 | -16.8% |
| Recurring financial income | 75 | €102 | €85 | -€17 | -16.8% |
| Financial charges | 65/66B | €5,082 | €4,254 | -€827 | -16.3% |
| Recurring financial charges | 65 | €5,082 | €4,254 | -€827 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €20,643 | €16,782 | -€3,861 | -18.7% |
| Income taxes | 67/77 | €0 | €0 | = | |
| Profit (loss) for the period | 9904 | €20,643 | €16,782 | -€3,861 | -18.7% |
| Profit (loss) for the period to be appropriated | 9905 | €20,643 | €16,782 | -€3,861 | -18.7% |
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.