Immo-Wereld: 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-Wereld
Largest movements
- Receivables within one year +€6,479
up €6,479 (+18.3%), from €35,481 to €41,959
of which Trade receivables: +€8,710
- Cash +€4,569
up €4,569 (+1,861%), from €246 to €4,815
mainly Advances received (+€39,715) and Depreciation (+€12,427)
- Deferred charges and accrued income +€2,105
up €2,105 (+82.2%), from €2,562 to €4,667
- Profit (loss) carried forward -€41,936
new in 2025: -€41,936
- Advances received +€39,715
new in 2025: €39,715
- Other debts +€7,943
up €7,943 (+40.8%), from €19,484 to €27,428
- Tax, wage and social debts +€5,798
up €5,798 (+19.8%), from €29,260 to €35,058
of which Remuneration and social security: +€5,582
- Trade debts +€1,965
up €1,965 (+4.9%), from €40,340 to €42,305
- Gross operating margin -€95,831
down €95,831 (-91.6%), from €104,649 to €8,818
- Staff costs +€23,704
up €23,704 (+994%), from €2,385 to €26,088
- Taxes -€15,545
down €15,545 (-97.4%), from €15,958 to €413
- Financial charges -€13,137
down €13,137 (-60.5%), from €21,705 to €8,568
- Depreciation +€2,998
up €2,998 (+31.8%), from €9,430 to €12,427
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 | €142,815 | €155,057 | +€12,242 | +8.6% |
| Fixed assets | 21/28 | €104,526 | €103,615 | -€911 | -0.9% |
| Tangible fixed assets | 22/27 | €104,276 | €103,365 | -€911 | -0.9% |
| Land and buildings | 22 | €100,529 | €92,796 | -€7,733 | -7.7% |
| Furniture and vehicles | 24 | €3,747 | €10,569 | +€6,822 | +182% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €38,289 | €51,442 | +€13,153 | +34.4% |
| Amounts receivable within one year | 40/41 | €35,481 | €41,959 | +€6,479 | +18.3% |
| Trade receivables | 40 | €31,685 | €40,395 | +€8,710 | +27.5% |
| Other amounts receivable | 41 | €3,796 | €1,564 | -€2,231 | -58.8% |
| Cash at bank and in hand | 54/58 | €246 | €4,815 | +€4,569 | +1,861% |
| Deferred charges and accrued income | 490/1 | €2,562 | €4,667 | +€2,105 | +82.2% |
| Total equity and liabilities | 10/49 | €142,815 | €155,057 | +€12,242 | +8.6% |
| Equity | 10/15 | €52,487 | €10,551 | -€41,936 | -79.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €40,087 | €40,087 | = | 0.0% |
| Distributable reserves | 133 | €40,087 | €40,087 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€41,936 | -€41,936 | |
| Amounts payable | 17/49 | €90,328 | €144,506 | +€54,178 | +60.0% |
| Amounts payable within one year | 42/48 | €89,097 | €144,506 | +€55,409 | +62.2% |
| Financial debts | 43 | €13 | - | -€13 | |
| Credit institutions | 430/8 | €13 | - | -€13 | |
| Trade debts | 44 | €40,340 | €42,305 | +€1,965 | +4.9% |
| Suppliers | 440/4 | €40,340 | €42,305 | +€1,965 | +4.9% |
| Advances received on contracts in progress | 46 | - | €39,715 | +€39,715 | |
| Taxes, remuneration and social security | 45 | €29,260 | €35,058 | +€5,798 | +19.8% |
| Taxes | 450/3 | €25,956 | €26,172 | +€216 | +0.8% |
| Remuneration and social security | 454/9 | €3,304 | €8,886 | +€5,582 | +169% |
| Other amounts payable | 47/48 | €19,484 | €27,428 | +€7,943 | +40.8% |
| Accrued charges and deferred income | 492/3 | €1,231 | - | -€1,231 | |
| Non-recurring operating income | 76A | €4,010 | - | -€4,010 | |
| Remuneration, social security and pensions | 62 | €2,385 | €26,088 | +€23,704 | +994% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,430 | €12,427 | +€2,998 | +31.8% |
| Other operating charges | 640/8 | €2,335 | €3,262 | +€927 | +39.7% |
| Gross operating margin | 9900 | €104,649 | €8,818 | -€95,831 | -91.6% |
| Operating profit (loss) | 9901 | €90,499 | -€32,960 | -€123,459 | |
| Financial income | 75/76B | €19 | €5 | -€14 | -74.8% |
| Recurring financial income | 75 | €19 | €5 | -€14 | -74.8% |
| Financial charges | 65/66B | €21,705 | €8,568 | -€13,137 | -60.5% |
| Recurring financial charges | 65 | €21,705 | €8,568 | -€13,137 | -60.5% |
| Profit (loss) for the period before taxes | 9903 | €68,814 | -€41,523 | -€110,337 | |
| Income taxes | 67/77 | €15,958 | €413 | -€15,545 | -97.4% |
| Profit (loss) for the period | 9904 | €52,856 | -€41,936 | -€94,792 | |
| Profit (loss) for the period to be appropriated | 9905 | €52,856 | -€41,936 | -€94,792 |
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 25 October 2026 via checked.be.