IMMO Y: 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 Y
Largest movements
- Cash +€24,323
up €24,323 (+132.6%), from €18,349 to €42,672
mainly Depreciation (+€20,789) and Net result for the year (+€20,406)
- Tangible fixed assets -€20,789
down €20,789 (-5.8%), from €356,920 to €336,131
of which Land and buildings: -€16,970
- Other debts -€30,000
no longer reported in 2025 (was €30,000)
- Reserves +€20,406
up €20,406 (+6.5%), from €316,335 to €336,741
of which Distributable reserves: +€20,406
- Tax, wage and social debts +€10,212
new in 2025: €10,212
- Trade debts +€5,561
up €5,561 (+61.0%), from €9,110 to €14,671
- Taxes -€2,980
down €2,980 (-22.6%), from €13,191 to €10,212
- Gross operating margin +€776
up €776 (+1.4%), from €55,866 to €56,642
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 | €375,445 | €381,624 | +€6,179 | +1.6% |
| Fixed assets | 21/28 | €356,920 | €336,131 | -€20,789 | -5.8% |
| Tangible fixed assets | 22/27 | €356,920 | €336,131 | -€20,789 | -5.8% |
| Land and buildings | 22 | €352,121 | €335,152 | -€16,970 | -4.8% |
| Other tangible fixed assets | 26 | €4,799 | €980 | -€3,819 | -79.6% |
| Current assets | 29/58 | €18,525 | €45,493 | +€26,968 | +145.6% |
| Amounts receivable within one year | 40/41 | €177 | €2,821 | +€2,644 | +1496.6% |
| Other amounts receivable | 41 | €177 | €2,821 | +€2,644 | +1496.6% |
| Cash at bank and in hand | 54/58 | €18,349 | €42,672 | +€24,323 | +132.6% |
| Total equity and liabilities | 10/49 | €375,445 | €381,624 | +€6,179 | +1.6% |
| Equity | 10/15 | €336,335 | €356,741 | +€20,406 | +6.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €316,335 | €336,741 | +€20,406 | +6.5% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €314,335 | €334,741 | +€20,406 | +6.5% |
| Amounts payable | 17/49 | €39,110 | €24,883 | -€14,227 | -36.4% |
| Amounts payable within one year | 42/48 | €39,110 | €24,883 | -€14,227 | -36.4% |
| Trade debts | 44 | €9,110 | €14,671 | +€5,561 | +61.0% |
| Suppliers | 440/4 | €9,110 | €14,671 | +€5,561 | +61.0% |
| Taxes, remuneration and social security | 45 | - | €10,212 | +€10,212 | |
| Taxes | 450/3 | - | €10,212 | +€10,212 | |
| Other amounts payable | 47/48 | €30,000 | - | -€30,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,789 | €20,789 | = | 0.0% |
| Other operating charges | 640/8 | €4,936 | €5,090 | +€154 | +3.1% |
| Gross operating margin | 9900 | €55,866 | €56,642 | +€776 | +1.4% |
| Operating profit (loss) | 9901 | €30,141 | €30,764 | +€623 | +2.1% |
| Financial charges | 65/66B | €146 | €146 | = | 0.0% |
| Recurring financial charges | 65 | €146 | €146 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €29,995 | €30,618 | +€623 | +2.1% |
| Income taxes | 67/77 | €13,191 | €10,212 | -€2,980 | -22.6% |
| Profit (loss) for the period | 9904 | €16,804 | €20,406 | +€3,602 | +21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €16,804 | €20,406 | +€3,602 | +21.4% |
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.