IMMOARNY: 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.
IMMOARNY
Largest movements
- Tangible fixed assets -€31,782
down €31,782 (-6.6%), from €484,706 to €452,923
of which Furniture and vehicles: -€19,990
- Cash -€24,350
down €24,350 (-34.8%), from €70,046 to €45,696
mainly Debts after one year (-€25,227) and Receivables within one year (-€15,358)
- Receivables within one year +€15,358
up €15,358 (+1201.7%), from €1,278 to €16,636
of which Trade receivables: +€16,131
- Stocks and contracts +€8,434
new in 2025: €8,434
- Debts after one year -€25,227
down €25,227 (-21.4%), from €117,625 to €92,398
- Other operating charges +€8,584
up €8,584 (+139.9%), from €6,134 to €14,718
- Gross operating margin -€3,569
down €3,569 (-9.7%), from €36,719 to €33,150
- Financial charges +€521
up €521 (+22.4%), from €2,324 to €2,845
- Depreciation +€397
up €397 (+2.8%), from €14,275 to €14,672
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 | €557,771 | €524,547 | -€33,224 | -6.0% |
| Fixed assets | 21/28 | €484,706 | €452,923 | -€31,782 | -6.6% |
| Tangible fixed assets | 22/27 | €484,706 | €452,923 | -€31,782 | -6.6% |
| Land and buildings | 22 | €458,093 | €444,269 | -€13,824 | -3.0% |
| Plant, machinery and equipment | 23 | - | €2,032 | +€2,032 | |
| Furniture and vehicles | 24 | €26,613 | €6,623 | -€19,990 | -75.1% |
| Current assets | 29/58 | €73,065 | €71,624 | -€1,442 | -2.0% |
| Stocks and contracts in progress | 3 | - | €8,434 | +€8,434 | |
| Stocks | 30/36 | - | €8,434 | +€8,434 | |
| Amounts receivable within one year | 40/41 | €1,278 | €16,636 | +€15,358 | +1201.7% |
| Trade receivables | 40 | €0 | €16,131 | +€16,131 | |
| Other amounts receivable | 41 | €1,278 | €504 | -€774 | -60.6% |
| Cash at bank and in hand | 54/58 | €70,046 | €45,696 | -€24,350 | -34.8% |
| Deferred charges and accrued income | 490/1 | €1,741 | €858 | -€884 | -50.8% |
| Total equity and liabilities | 10/49 | €557,771 | €524,547 | -€33,224 | -6.0% |
| Equity | 10/15 | -€9,996 | -€9,081 | +€915 | +9.2% |
| Contributions | 10/11 | €42,000 | €42,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,996 | -€51,081 | +€915 | +1.8% |
| Amounts payable | 17/49 | €567,767 | €533,628 | -€34,139 | -6.0% |
| Amounts payable after more than one year | 17 | €117,625 | €92,398 | -€25,227 | -21.4% |
| Financial debts | 170/4 | €117,625 | €92,398 | -€25,227 | -21.4% |
| Amounts payable within one year | 42/48 | €450,142 | €441,230 | -€8,912 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | €12,388 | €8,173 | -€4,215 | -34.0% |
| Trade debts | 44 | €0 | €286 | +€286 | |
| Suppliers | 440/4 | €0 | €286 | +€286 | |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €437,754 | €432,771 | -€4,983 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,275 | €14,672 | +€397 | +2.8% |
| Other operating charges | 640/8 | €6,134 | €14,718 | +€8,584 | +139.9% |
| Gross operating margin | 9900 | €36,719 | €33,150 | -€3,569 | -9.7% |
| Operating profit (loss) | 9901 | €16,310 | €3,761 | -€12,550 | -76.9% |
| Financial charges | 65/66B | €2,324 | €2,845 | +€521 | +22.4% |
| Recurring financial charges | 65 | €2,324 | €2,845 | +€521 | +22.4% |
| Profit (loss) for the period before taxes | 9903 | €13,986 | €915 | -€13,071 | -93.5% |
| Profit (loss) for the period | 9904 | €13,986 | €915 | -€13,071 | -93.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,986 | €915 | -€13,071 | -93.5% |
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 4 October 2026 via checked.be.