Immo2D: 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.
Immo2D
Largest movements
- Cash -€114,360
down €114,360 (-88.1%), from €129,855 to €15,494
mainly Other debts (-€123,250) and Investment in fixed assets (net) (-€9,831)
- Tangible fixed assets +€8,895
new in 2025: €8,895
of which Leasing and similar rights: +€7,436
- Receivables within one year -€3,687
down €3,687 (-98.7%), from €3,735 to €48
of which Trade receivables: -€3,705
- Other debts -€123,250
down €123,250 (-89.2%), from €138,250 to €15,000
- Debts after one year +€4,195
new in 2025: €4,195
- Profit (loss) carried forward +€3,633
up €3,633 (+12.6%), from -€28,755 to -€25,123
- Tax, wage and social debts +€3,457
up €3,457 (+32.4%), from €10,667 to €14,124
of which Remuneration and social security: +€2,195
- Current portion of long-term debt +€2,675
new in 2025: €2,675
- Gross operating margin +€54,902
up €54,902 (+107%), from €51,157 to €106,059
- Staff costs +€19,829
up €19,829 (+25.1%), from €79,142 to €98,972
- Financial charges +€1,356
up €1,356 (+293%), from €462 to €1,818
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 | €134,204 | €24,993 | -€109,210 | -81.4% |
| Fixed assets | 21/28 | - | €8,895 | +€8,895 | |
| Tangible fixed assets | 22/27 | - | €8,895 | +€8,895 | |
| Furniture and vehicles | 24 | - | €1,459 | +€1,459 | |
| Leasing and similar rights | 25 | - | €7,436 | +€7,436 | |
| Current assets | 29/58 | €134,204 | €16,098 | -€118,105 | -88.0% |
| Amounts receivable within one year | 40/41 | €3,735 | €48 | -€3,687 | -98.7% |
| Trade receivables | 40 | €3,705 | - | -€3,705 | |
| Other amounts receivable | 41 | €29 | €48 | +€18 | +62.2% |
| Cash at bank and in hand | 54/58 | €129,855 | €15,494 | -€114,360 | -88.1% |
| Deferred charges and accrued income | 490/1 | €614 | €556 | -€58 | -9.5% |
| Total equity and liabilities | 10/49 | €134,204 | €24,993 | -€109,210 | -81.4% |
| Equity | 10/15 | -€26,755 | -€23,123 | +€3,633 | +13.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,755 | -€25,123 | +€3,633 | +12.6% |
| Amounts payable | 17/49 | €160,959 | €48,116 | -€112,843 | -70.1% |
| Amounts payable after more than one year | 17 | - | €4,195 | +€4,195 | |
| Financial debts | 170/4 | - | €4,195 | +€4,195 | |
| Amounts payable within one year | 42/48 | €160,959 | €43,921 | -€117,038 | -72.7% |
| Current portion of amounts payable after more than one year | 42 | - | €2,675 | +€2,675 | |
| Trade debts | 44 | €12,043 | €12,122 | +€79 | +0.7% |
| Suppliers | 440/4 | €12,043 | €12,122 | +€79 | +0.7% |
| Taxes, remuneration and social security | 45 | €10,667 | €14,124 | +€3,457 | +32.4% |
| Taxes | 450/3 | €1,633 | €2,895 | +€1,263 | +77.3% |
| Remuneration and social security | 454/9 | €9,034 | €11,229 | +€2,195 | +24.3% |
| Other amounts payable | 47/48 | €138,250 | €15,000 | -€123,250 | -89.2% |
| Remuneration, social security and pensions | 62 | €79,142 | €98,972 | +€19,829 | +25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €936 | +€936 | |
| Other operating charges | 640/8 | €25 | €423 | +€398 | +1,593% |
| Gross operating margin | 9900 | €51,157 | €106,059 | +€54,902 | +107% |
| Operating profit (loss) | 9901 | -€28,010 | €5,729 | +€33,739 | |
| Financial income | 75/76B | - | €52 | +€52 | |
| Recurring financial income | 75 | - | €52 | +€52 | |
| Financial charges | 65/66B | €462 | €1,818 | +€1,356 | +293% |
| Recurring financial charges | 65 | €462 | €1,818 | +€1,356 | +293% |
| Profit (loss) for the period before taxes | 9903 | -€28,473 | €3,962 | +€32,435 | |
| Income taxes | 67/77 | €282 | €330 | +€47 | +16.8% |
| Profit (loss) for the period | 9904 | -€28,755 | €3,633 | +€32,388 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,755 | €3,633 | +€32,388 |
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.