IMMO US: what changed
IMMO US
Largest movements
- Tangible fixed assets -€7,840
down €7,840 (-8.0%), from €97,560 to €89,721
- Cash -€2,767
down €2,767 (-50.1%), from €5,522 to €2,755
mainly Debts after one year (-€13,323) and Tax, wage and social debts (-€1,000)
- Debts after one year -€13,323
down €13,323 (-40.3%), from €33,051 to €19,728
- Profit (loss) carried forward +€3,598
up €3,598 (+14.1%), from €25,493 to €29,091
- Gross operating margin -€4,300
down €4,300 (-22.8%), from €18,849 to €14,549
- Taxes -€1,211
down €1,211 (-52.4%), from €2,313 to €1,102
- Other operating charges -€825
down €825 (-60.3%), from €1,369 to €544
- Financial charges -€462
down €462 (-24.0%), from €1,927 to €1,465
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €103,232 | €92,625 | -€10,607 | -10.3% |
| Fixed assets | 21/28 | €97,710 | €89,871 | -€7,840 | -8.0% |
| Tangible fixed assets | 22/27 | €97,560 | €89,721 | -€7,840 | -8.0% |
| Land and buildings | 22 | €97,560 | €89,721 | -€7,840 | -8.0% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €5,522 | €2,755 | -€2,767 | -50.1% |
| Cash at bank and in hand | 54/58 | €5,522 | €2,755 | -€2,767 | -50.1% |
| Total equity and liabilities | 10/49 | €103,232 | €92,625 | -€10,607 | -10.3% |
| Equity | 10/15 | €47,493 | €51,091 | +€3,598 | +7.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,493 | €29,091 | +€3,598 | +14.1% |
| Amounts payable | 17/49 | €55,739 | €41,534 | -€14,205 | -25.5% |
| Amounts payable after more than one year | 17 | €33,051 | €19,728 | -€13,323 | -40.3% |
| Financial debts | 170/4 | €33,051 | €19,728 | -€13,323 | -40.3% |
| Amounts payable within one year | 42/48 | €22,688 | €21,806 | -€882 | -3.9% |
| Current portion of amounts payable after more than one year | 42 | €12,846 | €13,323 | +€477 | +3.7% |
| Taxes, remuneration and social security | 45 | €2,700 | €1,700 | -€1,000 | -37.0% |
| Taxes | 450/3 | €2,700 | €1,700 | -€1,000 | -37.0% |
| Other amounts payable | 47/48 | €7,142 | €6,782 | -€359 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,840 | €7,840 | = | 0.0% |
| Other operating charges | 640/8 | €1,369 | €544 | -€825 | -60.3% |
| Gross operating margin | 9900 | €18,849 | €14,549 | -€4,300 | -22.8% |
| Operating profit (loss) | 9901 | €9,640 | €6,165 | -€3,475 | -36.0% |
| Financial charges | 65/66B | €1,927 | €1,465 | -€462 | -24.0% |
| Recurring financial charges | 65 | €1,927 | €1,465 | -€462 | -24.0% |
| Profit (loss) for the period before taxes | 9903 | €7,714 | €4,700 | -€3,013 | -39.1% |
| Income taxes | 67/77 | €2,313 | €1,102 | -€1,211 | -52.4% |
| Profit (loss) for the period | 9904 | €5,401 | €3,598 | -€1,803 | -33.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,401 | €3,598 | -€1,803 | -33.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.