Immo-United: 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-United
Largest movements
- Intangible fixed assets -€171,106
down €171,106 (-20.0%), from €855,890 to €684,784
- Cash +€131,465
up €131,465 (+47.0%), from €279,474 to €410,939
mainly Depreciation (+€261,791) and Receivables within one year (+€34,119)
- Receivables within one year -€34,119
down €34,119 (-14.2%), from €240,785 to €206,666
of which Other amounts receivable: -€49,998
- Trade debts -€90,529
down €90,529 (-31.1%), from €290,938 to €200,409
- Profit (loss) carried forward +€20,180
up €20,180 (+13.9%), from -€144,994 to -€124,814
- Depreciation +€29,857
up €29,857 (+12.9%), from €231,934 to €261,791
- Turnover -€28,007
down €28,007 (-2.5%), from €1.1m to €1.1m
- Services and other goods +€21,988
up €21,988 (+2.9%), from €768,937 to €790,926
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 | €1,378,158 | €1,302,389 | -€75,769 | -5.5% |
| Formation expenses | 20 | €2,009 | €0 | -€2,009 | -100.0% |
| Fixed assets | 21/28 | €855,890 | €684,784 | -€171,106 | -20.0% |
| Intangible fixed assets | 21 | €855,890 | €684,784 | -€171,106 | -20.0% |
| Current assets | 29/58 | €520,259 | €617,605 | +€97,345 | +18.7% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €240,785 | €206,666 | -€34,119 | -14.2% |
| Trade receivables | 40 | €80,381 | €96,259 | +€15,879 | +19.8% |
| Other amounts receivable | 41 | €160,404 | €110,406 | -€49,998 | -31.2% |
| Cash at bank and in hand | 54/58 | €279,474 | €410,939 | +€131,465 | +47.0% |
| Total equity and liabilities | 10/49 | €1,378,158 | €1,302,389 | -€75,769 | -5.5% |
| Equity | 10/15 | €455,006 | €475,186 | +€20,180 | +4.4% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€144,994 | -€124,814 | +€20,180 | +13.9% |
| Amounts payable | 17/49 | €923,152 | €827,203 | -€95,949 | -10.4% |
| Amounts payable after more than one year | 17 | €600,000 | €600,000 | = | 0.0% |
| Other amounts payable | 178/9 | €600,000 | €600,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €323,058 | €227,109 | -€95,949 | -29.7% |
| Trade debts | 44 | €290,938 | €200,409 | -€90,529 | -31.1% |
| Suppliers | 440/4 | €290,938 | €200,409 | -€90,529 | -31.1% |
| Taxes, remuneration and social security | 45 | €13,430 | €8,010 | -€5,420 | -40.4% |
| Taxes | 450/3 | €9,417 | €8,010 | -€1,407 | -14.9% |
| Remuneration and social security | 454/9 | €4,013 | €0 | -€4,013 | -100.0% |
| Other amounts payable | 47/48 | €18,690 | €18,690 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €94 | €94 | -€0 | 0.0% |
| Operating income | 70/76A | €1,133,867 | €1,102,136 | -€31,732 | -2.8% |
| Turnover | 70 | €1,129,321 | €1,101,313 | -€28,007 | -2.5% |
| Other operating income | 74 | €4,547 | €822 | -€3,724 | -81.9% |
| Operating charges | 60/66A | €1,002,533 | €1,054,007 | +€51,474 | +5.1% |
| Services and other goods | 61 | €768,937 | €790,926 | +€21,988 | +2.9% |
| Remuneration, social security and pensions | 62 | €171 | €148 | -€24 | -13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €231,934 | €261,791 | +€29,857 | +12.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €963 | €0 | -€963 | -100.0% |
| Other operating charges | 640/8 | €528 | €1,143 | +€615 | +116.5% |
| Operating profit (loss) | 9901 | €131,334 | €48,129 | -€83,205 | -63.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Other financial income | 752/9 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €27,979 | €27,949 | -€29 | -0.1% |
| Recurring financial charges | 65 | €27,979 | €27,949 | -€29 | -0.1% |
| Debt charges | 650 | €26,700 | €26,700 | = | 0.0% |
| Other financial charges | 652/9 | €1,279 | €1,249 | -€29 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €103,356 | €20,180 | -€83,176 | -80.5% |
| Income taxes | 67/77 | €0 | - | = | |
| Taxes | 670/3 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €103,356 | €20,180 | -€83,176 | -80.5% |
| Profit (loss) for the period to be appropriated | 9905 | €103,356 | €20,180 | -€83,176 | -80.5% |
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 4 October 2026 via checked.be.