IMMO XAMI: 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 XAMI
Largest movements
- Cash +€444,688
up €444,688 (+937%), from €47,438 to €492,126
mainly Other debts (+€335,856) and Net result for the year (+€250,919)
- Receivables within one year -€223,071
down €223,071 (-99.1%), from €225,201 to €2,129
- Tangible fixed assets -€99,144
down €99,144 (-5.5%), from €1.8m to €1.7m
of which Land and buildings: -€73,467
- Profit (loss) carried forward -€421,411
down €421,411 (-99.7%), from €422,666 to €1,255
- Other debts +€335,856
up €335,856 (+815%), from €41,225 to €377,081
- Reserves +€297,330
up €297,330 (+22.1%), from €1.3m to €1.6m
- Debts after one year -€108,222
no longer reported in 2025 (was €108,222)
- Current portion of long-term debt -€52,496
no longer reported in 2025 (was €52,496)
- Gross operating margin -€8,452
down €8,452 (-1.6%), from €531,341 to €522,889
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 | €2,067,712 | €2,190,185 | +€122,473 | +5.9% |
| Fixed assets | 21/28 | €1,795,074 | €1,695,930 | -€99,144 | -5.5% |
| Tangible fixed assets | 22/27 | €1,795,074 | €1,695,930 | -€99,144 | -5.5% |
| Land and buildings | 22 | €1,723,387 | €1,649,920 | -€73,467 | -4.3% |
| Plant, machinery and equipment | 23 | €66,980 | €42,762 | -€24,218 | -36.2% |
| Furniture and vehicles | 24 | €4,707 | €3,248 | -€1,459 | -31.0% |
| Current assets | 29/58 | €272,638 | €494,255 | +€221,617 | +81.3% |
| Amounts receivable within one year | 40/41 | €225,201 | €2,129 | -€223,071 | -99.1% |
| Other amounts receivable | 41 | €225,201 | €2,129 | -€223,071 | -99.1% |
| Cash at bank and in hand | 54/58 | €47,438 | €492,126 | +€444,688 | +937% |
| Total equity and liabilities | 10/49 | €2,067,712 | €2,190,185 | +€122,473 | +5.9% |
| Equity | 10/15 | €1,848,249 | €1,724,167 | -€124,081 | -6.7% |
| Contributions | 10/11 | €77,912 | €77,912 | = | 0.0% |
| Reserves | 13 | €1,347,670 | €1,645,000 | +€297,330 | +22.1% |
| Distributable reserves | 133 | €1,347,670 | €1,645,000 | +€297,330 | +22.1% |
| Profit (loss) carried forward | 14 | €422,666 | €1,255 | -€421,411 | -99.7% |
| Amounts payable | 17/49 | €219,463 | €466,018 | +€246,555 | +112% |
| Amounts payable after more than one year | 17 | €108,222 | - | -€108,222 | |
| Financial debts | 170/4 | €108,222 | - | -€108,222 | |
| Amounts payable within one year | 42/48 | €111,241 | €466,018 | +€354,777 | +319% |
| Current portion of amounts payable after more than one year | 42 | €52,496 | - | -€52,496 | |
| Trade debts | 44 | €1,156 | €23,724 | +€22,569 | +1,953% |
| Suppliers | 440/4 | €1,156 | €23,724 | +€22,569 | +1,953% |
| Taxes, remuneration and social security | 45 | €16,364 | €65,212 | +€48,848 | +299% |
| Taxes | 450/3 | €16,364 | €65,212 | +€48,848 | +299% |
| Other amounts payable | 47/48 | €41,225 | €377,081 | +€335,856 | +815% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €151,656 | €148,219 | -€3,437 | -2.3% |
| Other operating charges | 640/8 | €28,993 | €32,182 | +€3,189 | +11.0% |
| Gross operating margin | 9900 | €531,341 | €522,889 | -€8,452 | -1.6% |
| Operating profit (loss) | 9901 | €350,692 | €342,488 | -€8,205 | -2.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €5,235 | €2,721 | -€2,514 | -48.0% |
| Recurring financial charges | 65 | €5,235 | €2,721 | -€2,514 | -48.0% |
| Profit (loss) for the period before taxes | 9903 | €345,458 | €339,767 | -€5,691 | -1.6% |
| Income taxes | 67/77 | €86,364 | €88,848 | +€2,484 | +2.9% |
| Profit (loss) for the period | 9904 | €259,093 | €250,919 | -€8,174 | -3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €259,093 | €250,919 | -€8,174 | -3.2% |
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 15 October 2026 via checked.be.