IMMO.TRA: 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.TRA
Largest movements
- Receivables within one year -€22,364
down €22,364 (-13.4%), from €167,340 to €144,976
of which Other amounts receivable: -€11,674
- Cash -€4,462
down €4,462 (-97.0%), from €4,600 to €138
mainly Net result for the year (-€26,097) and Tax, wage and social debts (-€3,864)
- Profit (loss) carried forward -€26,097
down €26,097 (-30.6%), from €85,419 to €59,322
- Tax, wage and social debts -€3,864
down €3,864 (-95.3%), from €4,057 to €192
- Trade debts +€3,115
up €3,115 (+259%), from €1,205 to €4,320
- Gross operating margin -€7,282
down €7,282 (-47.7%), from -€15,267 to -€22,548
- Other operating charges -€2,335
down €2,335 (-74.6%), from €3,131 to €796
- Taxes +€1,296
up €1,296 (+1,363%), from €95 to €1,391
- Depreciation -€386
down €386 (-64.2%), from €602 to €215
- Financial income -€357
down €357 (-91.5%), from €390 to €33
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 | €173,640 | €146,794 | -€26,846 | -15.5% |
| Fixed assets | 21/28 | €1,161 | €946 | -€215 | -18.5% |
| Tangible fixed assets | 22/27 | €261 | €46 | -€215 | -82.5% |
| Plant, machinery and equipment | 23 | €261 | €46 | -€215 | -82.5% |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €172,479 | €145,848 | -€26,631 | -15.4% |
| Amounts receivable within one year | 40/41 | €167,340 | €144,976 | -€22,364 | -13.4% |
| Trade receivables | 40 | €13,119 | €2,428 | -€10,691 | -81.5% |
| Other amounts receivable | 41 | €154,222 | €142,548 | -€11,674 | -7.6% |
| Cash at bank and in hand | 54/58 | €4,600 | €138 | -€4,462 | -97.0% |
| Deferred charges and accrued income | 490/1 | €538 | €734 | +€196 | +36.4% |
| Total equity and liabilities | 10/49 | €173,640 | €146,794 | -€26,846 | -15.5% |
| Equity | 10/15 | €153,590 | €127,493 | -€26,097 | -17.0% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,419 | €59,322 | -€26,097 | -30.6% |
| Amounts payable | 17/49 | €20,050 | €19,301 | -€749 | -3.7% |
| Amounts payable within one year | 42/48 | €20,050 | €19,301 | -€749 | -3.7% |
| Financial debts | 43 | €800 | €800 | = | 0.0% |
| Credit institutions | 430/8 | €800 | €800 | = | 0.0% |
| Trade debts | 44 | €1,205 | €4,320 | +€3,115 | +259% |
| Suppliers | 440/4 | €1,205 | €4,320 | +€3,115 | +259% |
| Taxes, remuneration and social security | 45 | €4,057 | €192 | -€3,864 | -95.3% |
| Taxes | 450/3 | €4,057 | €192 | -€3,864 | -95.3% |
| Other amounts payable | 47/48 | €13,989 | €13,989 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €602 | €215 | -€386 | -64.2% |
| Other operating charges | 640/8 | €3,131 | €796 | -€2,335 | -74.6% |
| Gross operating margin | 9900 | -€15,267 | -€22,548 | -€7,282 | -47.7% |
| Operating profit (loss) | 9901 | -€18,999 | -€23,560 | -€4,560 | -24.0% |
| Financial income | 75/76B | €390 | €33 | -€357 | -91.5% |
| Recurring financial income | 75 | €390 | €33 | -€357 | -91.5% |
| Financial charges | 65/66B | €977 | €1,180 | +€203 | +20.8% |
| Recurring financial charges | 65 | €977 | €1,180 | +€203 | +20.8% |
| Profit (loss) for the period before taxes | 9903 | -€19,586 | -€24,706 | -€5,121 | -26.1% |
| Income taxes | 67/77 | €95 | €1,391 | +€1,296 | +1,363% |
| Profit (loss) for the period | 9904 | -€19,681 | -€26,097 | -€6,416 | -32.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,681 | -€26,097 | -€6,416 | -32.6% |
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 26 October 2026 via checked.be.