ImmoActivity: 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.
ImmoActivity
Largest movements
- Cash -€1.3m
down €1.3m (-65.1%), from €2.0m to €689,275
mainly Debts after one year (-€2.0m) and Accrued charges and deferred income (-€16,946)
- Tangible fixed assets -€216,586
down €216,586 (-2.9%), from €7.5m to €7.2m
- Debts after one year -€2.0m
down €2.0m (-36.7%), from €5.4m to €3.4m
- Profit (loss) carried forward +€459,534
up €459,534 (+71.6%), from -€641,828 to -€182,294
- Turnover +€807,239
new in 2025: €807,239
- Financial charges -€33,747
down €33,747 (-19.0%), from €177,259 to €143,512
- Gross operating margin +€31,558
up €31,558 (+3.7%), from €856,703 to €888,261
- Financial income -€27,931
down €27,931 (-52.7%), from €52,969 to €25,038
- Purchases and services +€12,645
new in 2025: €12,645
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 | €9,479,800 | €7,963,805 | -€1.5m | -16.0% |
| Fixed assets | 21/28 | €7,465,330 | €7,248,744 | -€216,586 | -2.9% |
| Tangible fixed assets | 22/27 | €7,465,330 | €7,248,744 | -€216,586 | -2.9% |
| Other tangible fixed assets | 26 | €7,465,330 | €7,248,744 | -€216,586 | -2.9% |
| Current assets | 29/58 | €2,014,470 | €715,060 | -€1.3m | -64.5% |
| Amounts receivable within one year | 40/41 | €25,528 | €23,402 | -€2,126 | -8.3% |
| Other amounts receivable | 41 | €25,528 | €23,402 | -€2,126 | -8.3% |
| Cash at bank and in hand | 54/58 | €1,976,268 | €689,275 | -€1.3m | -65.1% |
| Deferred charges and accrued income | 490/1 | €12,674 | €2,383 | -€10,291 | -81.2% |
| Total equity and liabilities | 10/49 | €9,479,800 | €7,963,805 | -€1.5m | -16.0% |
| Equity | 10/15 | €4,085,431 | €4,544,965 | +€459,534 | +11.2% |
| Contributions | 10/11 | €4,674,759 | €4,674,759 | = | 0.0% |
| Capital | 10 | €4,674,759 | €4,674,759 | = | 0.0% |
| Issued capital | 100 | €4,674,759 | €4,674,759 | = | 0.0% |
| Reserves | 13 | €52,500 | €52,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €52,500 | €52,500 | = | 0.0% |
| Legal reserve | 130 | €52,500 | €52,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€641,828 | -€182,294 | +€459,534 | +71.6% |
| Amounts payable | 17/49 | €5,394,369 | €3,418,840 | -€2.0m | -36.6% |
| Amounts payable after more than one year | 17 | €5,352,683 | €3,390,000 | -€2.0m | -36.7% |
| Financial debts | 170/4 | €5,352,683 | €3,390,000 | -€2.0m | -36.7% |
| Amounts payable within one year | 42/48 | €88 | €4,187 | +€4,100 | +4674.5% |
| Trade debts | 44 | €88 | €4,187 | +€4,100 | +4674.5% |
| Suppliers | 440/4 | €88 | €4,187 | +€4,100 | +4674.5% |
| Accrued charges and deferred income | 492/3 | €41,598 | €24,652 | -€16,946 | -40.7% |
| Turnover | 70 | - | €807,239 | +€807,239 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €12,645 | +€12,645 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €216,586 | €216,586 | = | 0.0% |
| Other operating charges | 640/8 | €90,818 | €93,667 | +€2,850 | +3.1% |
| Gross operating margin | 9900 | €856,703 | €888,261 | +€31,558 | +3.7% |
| Operating profit (loss) | 9901 | €549,300 | €578,008 | +€28,708 | +5.2% |
| Financial income | 75/76B | €52,969 | €25,038 | -€27,931 | -52.7% |
| Recurring financial income | 75 | €52,969 | €25,038 | -€27,931 | -52.7% |
| Financial charges | 65/66B | €177,259 | €143,512 | -€33,747 | -19.0% |
| Recurring financial charges | 65 | €177,259 | €143,512 | -€33,747 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €425,010 | €459,534 | +€34,524 | +8.1% |
| Profit (loss) for the period | 9904 | €425,010 | €459,534 | +€34,524 | +8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €425,010 | €459,534 | +€34,524 | +8.1% |
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 6 October 2026 via checked.be.