IMMO TC: 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 TC
Largest movements
- Stocks and contracts -€157,981
down €157,981 (-38.3%), from €412,227 to €254,247
- Receivables within one year +€130,295
new in 2026: €130,295
- Other debts -€65,814
down €65,814 (-15.3%), from €430,771 to €364,957
- Profit (loss) carried forward +€39,150
up €39,150, from -€39,150 to €0
- Gross operating margin +€107,948
up €107,948, from -€5,269 to €102,679
- Taxes +€12,691
new in 2026: €12,691
- Financial charges -€5,470
down €5,470 (-99.8%), from €5,482 to €12
- Other operating charges -€2,365
down €2,365 (-81.5%), from €2,900 to €536
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €412,227 | €386,530 | -€25,697 | -6.2% |
| Current assets | 29/58 | €412,227 | €386,530 | -€25,697 | -6.2% |
| Stocks and contracts in progress | 3 | €412,227 | €254,247 | -€157,981 | -38.3% |
| Stocks | 30/36 | €412,227 | €254,247 | -€157,981 | -38.3% |
| Amounts receivable within one year | 40/41 | - | €130,295 | +€130,295 | |
| Other amounts receivable | 41 | - | €130,295 | +€130,295 | |
| Cash at bank and in hand | 54/58 | - | €1,988 | +€1,988 | |
| Total equity and liabilities | 10/49 | €412,227 | €386,530 | -€25,697 | -6.2% |
| Equity | 10/15 | -€18,690 | €20,460 | +€39,150 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,150 | €0 | +€39,150 | |
| Amounts payable | 17/49 | €430,917 | €366,070 | -€64,847 | -15.0% |
| Amounts payable within one year | 42/48 | €430,771 | €366,070 | -€64,701 | -15.0% |
| Trade debts | 44 | €0 | €1,113 | +€1,113 | |
| Suppliers | 440/4 | €0 | €1,113 | +€1,113 | |
| Other amounts payable | 47/48 | €430,771 | €364,957 | -€65,814 | -15.3% |
| Accrued charges and deferred income | 492/3 | €147 | €0 | -€147 | -100.0% |
| Other operating charges | 640/8 | €2,900 | €536 | -€2,365 | -81.5% |
| Gross operating margin | 9900 | -€5,269 | €102,679 | +€107,948 | |
| Operating profit (loss) | 9901 | -€8,170 | €102,143 | +€110,313 | |
| Financial charges | 65/66B | €5,482 | €12 | -€5,470 | -99.8% |
| Recurring financial charges | 65 | €5,482 | €12 | -€5,470 | -99.8% |
| Profit (loss) for the period before taxes | 9903 | -€13,651 | €102,131 | +€115,782 | |
| Income taxes | 67/77 | - | €12,691 | +€12,691 | |
| Profit (loss) for the period | 9904 | -€13,651 | €89,440 | +€103,091 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,651 | €89,440 | +€103,091 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.