Immo T.F.C.: 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 T.F.C.
Largest movements
- Tangible fixed assets -€3,774
down €3,774 (-2.9%), from €129,038 to €125,265
of which Land and buildings: -€3,220
- Cash +€1,834
up €1,834 (+128%), from €1,428 to €3,262
mainly Depreciation (+€5,864) and Net result for the year (+€3,263)
- Debts after one year -€6,502
down €6,502 (-5.4%), from €120,660 to €114,158
- Profit (loss) carried forward +€3,263
up €3,263 (+11.8%), from -€27,756 to -€24,493
- Gross operating margin +€7,410
up €7,410 (+135%), from €5,470 to €12,880
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 | €151,643 | €148,653 | -€2,990 | -2.0% |
| Fixed assets | 21/28 | €149,819 | €145,354 | -€4,465 | -3.0% |
| Intangible fixed assets | 21 | €20,781 | €20,089 | -€692 | -3.3% |
| Tangible fixed assets | 22/27 | €129,038 | €125,265 | -€3,774 | -2.9% |
| Land and buildings | 22 | €115,483 | €112,263 | -€3,220 | -2.8% |
| Plant, machinery and equipment | 23 | €13,556 | €13,002 | -€554 | -4.1% |
| Current assets | 29/58 | €1,824 | €3,299 | +€1,475 | +80.9% |
| Amounts receivable within one year | 40/41 | €363 | - | -€363 | |
| Trade receivables | 40 | €363 | - | -€363 | |
| Cash at bank and in hand | 54/58 | €1,428 | €3,262 | +€1,834 | +128% |
| Deferred charges and accrued income | 490/1 | €33 | €37 | +€4 | +12.9% |
| Total equity and liabilities | 10/49 | €151,643 | €148,653 | -€2,990 | -2.0% |
| Equity | 10/15 | -€25,656 | -€22,393 | +€3,263 | +12.7% |
| Contributions | 10/11 | €2,100 | €2,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,756 | -€24,493 | +€3,263 | +11.8% |
| Amounts payable | 17/49 | €177,299 | €171,045 | -€6,253 | -3.5% |
| Amounts payable after more than one year | 17 | €120,660 | €114,158 | -€6,502 | -5.4% |
| Financial debts | 170/4 | €120,660 | €114,158 | -€6,502 | -5.4% |
| Amounts payable within one year | 42/48 | €55,388 | €55,637 | +€249 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €6,383 | €6,502 | +€119 | +1.9% |
| Trade debts | 44 | - | €86 | +€86 | |
| Suppliers | 440/4 | - | €86 | +€86 | |
| Other amounts payable | 47/48 | €49,005 | €49,049 | +€44 | +0.1% |
| Accrued charges and deferred income | 492/3 | €1,250 | €1,250 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,845 | €5,864 | +€19 | +0.3% |
| Other operating charges | 640/8 | €1,284 | €1,325 | +€41 | +3.2% |
| Gross operating margin | 9900 | €5,470 | €12,880 | +€7,410 | +135% |
| Operating profit (loss) | 9901 | -€1,659 | €5,691 | +€7,351 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,539 | €2,429 | -€110 | -4.3% |
| Recurring financial charges | 65 | €2,539 | €2,429 | -€110 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | -€4,199 | €3,263 | +€7,462 | |
| Profit (loss) for the period | 9904 | -€4,199 | €3,263 | +€7,462 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,199 | €3,263 | +€7,462 |
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 29 October 2026 via checked.be.