IMMO SYSTEMS: 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 SYSTEMS
Largest movements
- Cash +€7,271
up €7,271 (+126%), from €5,755 to €13,026
mainly Depreciation (+€6,551) and Other debts (+€3,582)
- Tangible fixed assets -€6,551
down €6,551 (-6.9%), from €95,135 to €88,584
of which Land and buildings: -€6,551
- Other debts +€3,582
up €3,582 (+2.8%), from €127,622 to €131,205
- Reserves -€1,945
down €1,945 (-21.7%), from €8,943 to €6,998
of which Tax-exempt reserves: -€1,945
- Gross operating margin -€8,339
down €8,339 (-35.5%), from €23,521 to €15,183
- Depreciation -€1,421
down €1,421 (-17.8%), from €7,972 to €6,551
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.
Derived cash bridge
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 | €105,890 | €106,610 | +€720 | +0.7% |
| Fixed assets | 21/28 | €95,135 | €88,584 | -€6,551 | -6.9% |
| Tangible fixed assets | 22/27 | €95,135 | €88,584 | -€6,551 | -6.9% |
| Land and buildings | 22 | €95,135 | €88,584 | -€6,551 | -6.9% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €10,755 | €18,026 | +€7,271 | +67.6% |
| Amounts receivable after more than one year | 29 | €5,000 | €5,000 | = | 0.0% |
| Other amounts receivable | 291 | €5,000 | €5,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,755 | €13,026 | +€7,271 | +126% |
| Total equity and liabilities | 10/49 | €105,890 | €106,610 | +€720 | +0.7% |
| Equity | 10/15 | -€25,365 | -€27,226 | -€1,861 | -7.3% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | - | €62,500 | +€62,500 | |
| Issued capital | 100 | - | €62,500 | +€62,500 | |
| Reserves | 13 | €8,943 | €6,998 | -€1,945 | -21.7% |
| Tax-exempt reserves | 132 | €7,068 | €5,124 | -€1,945 | -27.5% |
| Distributable reserves | 133 | €1,874 | €1,874 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,808 | -€96,724 | +€84 | +0.1% |
| Provisions and deferred taxes | 16 | €3,633 | €2,631 | -€1,002 | -27.6% |
| Deferred taxes | 168 | €3,633 | €2,631 | -€1,002 | -27.6% |
| Amounts payable | 17/49 | €127,622 | €131,205 | +€3,582 | +2.8% |
| Amounts payable within one year | 42/48 | €127,622 | €131,205 | +€3,582 | +2.8% |
| Other amounts payable | 47/48 | €127,622 | €131,205 | +€3,582 | +2.8% |
| Non-recurring operating income | 76A | €5,855 | - | -€5,855 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,972 | €6,551 | -€1,421 | -17.8% |
| Other operating charges | 640/8 | €11,297 | €11,417 | +€120 | +1.1% |
| Gross operating margin | 9900 | €23,521 | €15,183 | -€8,339 | -35.5% |
| Operating profit (loss) | 9901 | €4,253 | -€2,786 | -€7,038 | |
| Financial charges | 65/66B | €126 | €77 | -€49 | -38.9% |
| Recurring financial charges | 65 | €126 | €77 | -€49 | -38.9% |
| Profit (loss) for the period before taxes | 9903 | €4,127 | -€2,862 | -€6,989 | |
| Transfer from deferred taxes | 780 | €1,002 | €1,002 | = | 0.0% |
| Profit (loss) for the period | 9904 | €5,129 | -€1,861 | -€6,989 | |
| Transfer from tax-exempt reserves | 789 | €1,945 | €1,945 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,074 | €84 | -€6,989 | -98.8% |
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 17 October 2026 via checked.be.