Immo3F: 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.
Immo3F
Largest movements
- Tangible fixed assets -€91,508
down €91,508 (-6.2%), from €1.5m to €1.4m
of which Land and buildings: -€90,407
- Cash +€38,195
up €38,195 (+23898.9%), from €160 to €38,355
mainly Depreciation (+€92,478) and Net result for the year (+€41,309)
- Debts after one year -€73,952
down €73,952 (-7.4%), from €1.0m to €929,722
- Profit (loss) carried forward +€41,309
up €41,309 (+18.6%), from -€221,743 to -€180,435
- Other debts -€24,150
down €24,150 (-3.9%), from €619,260 to €595,110
- Gross operating margin +€23,583
up €23,583 (+15.9%), from €148,246 to €171,829
- Financial charges -€1,791
down €1,791 (-6.2%), from €29,021 to €27,230
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 | €1,483,004 | €1,432,226 | -€50,777 | -3.4% |
| Fixed assets | 21/28 | €1,477,866 | €1,386,358 | -€91,508 | -6.2% |
| Tangible fixed assets | 22/27 | €1,477,866 | €1,386,358 | -€91,508 | -6.2% |
| Land and buildings | 22 | €1,470,232 | €1,379,825 | -€90,407 | -6.1% |
| Plant, machinery and equipment | 23 | €7,060 | €5,355 | -€1,705 | -24.2% |
| Furniture and vehicles | 24 | €574 | €1,178 | +€604 | +105.3% |
| Current assets | 29/58 | €5,138 | €45,869 | +€40,731 | +792.8% |
| Amounts receivable within one year | 40/41 | €3,242 | €6,073 | +€2,831 | +87.3% |
| Trade receivables | 40 | €3,242 | €6,073 | +€2,831 | +87.3% |
| Cash at bank and in hand | 54/58 | €160 | €38,355 | +€38,195 | +23898.9% |
| Deferred charges and accrued income | 490/1 | €1,736 | €1,441 | -€295 | -17.0% |
| Total equity and liabilities | 10/49 | €1,483,004 | €1,432,226 | -€50,777 | -3.4% |
| Equity | 10/15 | -€215,543 | -€174,235 | +€41,309 | +19.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€221,743 | -€180,435 | +€41,309 | +18.6% |
| Amounts payable | 17/49 | €1,698,547 | €1,606,461 | -€92,086 | -5.4% |
| Amounts payable after more than one year | 17 | €1,003,674 | €929,722 | -€73,952 | -7.4% |
| Financial debts | 170/4 | €1,003,674 | €929,722 | -€73,952 | -7.4% |
| Amounts payable within one year | 42/48 | €693,308 | €671,210 | -€22,099 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €72,112 | €73,952 | +€1,840 | +2.6% |
| Trade debts | 44 | €632 | €678 | +€46 | +7.3% |
| Suppliers | 440/4 | €632 | €678 | +€46 | +7.3% |
| Taxes, remuneration and social security | 45 | €1,304 | €1,469 | +€165 | +12.7% |
| Taxes | 450/3 | €1,304 | €1,469 | +€165 | +12.7% |
| Other amounts payable | 47/48 | €619,260 | €595,110 | -€24,150 | -3.9% |
| Accrued charges and deferred income | 492/3 | €1,565 | €5,530 | +€3,965 | +253.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,569 | €92,478 | -€91 | -0.1% |
| Other operating charges | 640/8 | €10,482 | €10,812 | +€330 | +3.1% |
| Gross operating margin | 9900 | €148,246 | €171,829 | +€23,583 | +15.9% |
| Operating profit (loss) | 9901 | €45,195 | €68,539 | +€23,344 | +51.7% |
| Financial charges | 65/66B | €29,021 | €27,230 | -€1,791 | -6.2% |
| Recurring financial charges | 65 | €29,021 | €27,230 | -€1,791 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | €16,174 | €41,309 | +€25,135 | +155.4% |
| Profit (loss) for the period | 9904 | €16,174 | €41,309 | +€25,135 | +155.4% |
| Profit (loss) for the period to be appropriated | 9905 | €16,174 | €41,309 | +€25,135 | +155.4% |
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 5 October 2026 via checked.be.