Immo-Transform: 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-Transform
Largest movements
- Current investments +€25,000
up €25,000 (+11.1%), from €225,000 to €250,000
- Cash +€11,744
up €11,744 (+15.6%), from €75,367 to €87,112
mainly Net result for the year (+€34,616) and Other debts (+€6,707)
- Reserves +€34,616
up €34,616 (+35.8%), from €96,793 to €131,409
of which Distributable reserves: +€34,616
- Profit (loss) carried forward -€10,000
down €10,000 (-5.6%), from €177,582 to €167,582
- Other debts +€6,707
up €6,707 (+95.8%), from €7,000 to €13,707
- Tax, wage and social debts +€4,884
up €4,884 (+162.8%), from €3,000 to €7,884
of which Remuneration and social security: +€4,884
- Financial income +€4,999
up €4,999 (+123.1%), from €4,061 to €9,060
- Gross operating margin -€2,530
down €2,530 (-5.7%), from €44,725 to €42,194
- Taxes +€771
up €771 (+5.0%), from €15,382 to €16,152
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 | €304,170 | €339,883 | +€35,713 | +11.7% |
| Current assets | 29/58 | €304,170 | €339,883 | +€35,713 | +11.7% |
| Amounts receivable within one year | 40/41 | €3,802 | €2,772 | -€1,031 | -27.1% |
| Trade receivables | 40 | €948 | - | -€948 | |
| Other amounts receivable | 41 | €2,854 | €2,772 | -€83 | -2.9% |
| Current investments | 50/53 | €225,000 | €250,000 | +€25,000 | +11.1% |
| Cash at bank and in hand | 54/58 | €75,367 | €87,112 | +€11,744 | +15.6% |
| Total equity and liabilities | 10/49 | €304,170 | €339,883 | +€35,713 | +11.7% |
| Equity | 10/15 | €292,966 | €317,582 | +€24,616 | +8.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €96,793 | €131,409 | +€34,616 | +35.8% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €904 | €904 | = | 0.0% |
| Distributable reserves | 133 | €94,030 | €128,646 | +€34,616 | +36.8% |
| Profit (loss) carried forward | 14 | €177,582 | €167,582 | -€10,000 | -5.6% |
| Amounts payable | 17/49 | €11,203 | €22,301 | +€11,097 | +99.1% |
| Amounts payable within one year | 42/48 | €11,203 | €22,301 | +€11,097 | +99.1% |
| Trade debts | 44 | €1,203 | €710 | -€493 | -41.0% |
| Suppliers | 440/4 | €1,203 | €710 | -€493 | -41.0% |
| Taxes, remuneration and social security | 45 | €3,000 | €7,884 | +€4,884 | +162.8% |
| Taxes | 450/3 | €3,000 | €3,000 | = | 0.0% |
| Remuneration and social security | 454/9 | - | €4,884 | +€4,884 | |
| Other amounts payable | 47/48 | €7,000 | €13,707 | +€6,707 | +95.8% |
| Other operating charges | 640/8 | €332 | €299 | -€33 | -10.0% |
| Gross operating margin | 9900 | €44,725 | €42,194 | -€2,530 | -5.7% |
| Operating profit (loss) | 9901 | €44,393 | €41,896 | -€2,497 | -5.6% |
| Financial income | 75/76B | €4,061 | €9,060 | +€4,999 | +123.1% |
| Recurring financial income | 75 | €4,061 | €9,060 | +€4,999 | +123.1% |
| Financial charges | 65/66B | €112 | €187 | +€76 | +67.7% |
| Recurring financial charges | 65 | €112 | €187 | +€76 | +67.7% |
| Profit (loss) for the period before taxes | 9903 | €48,342 | €50,768 | +€2,426 | +5.0% |
| Income taxes | 67/77 | €15,382 | €16,152 | +€771 | +5.0% |
| Profit (loss) for the period | 9904 | €32,961 | €34,616 | +€1,655 | +5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €32,961 | €34,616 | +€1,655 | +5.0% |
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 7 October 2026 via checked.be.