IMMOB: 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.
IMMOB
Largest movements
- Cash +€140,143
up €140,143 (+207.1%), from €67,664 to €207,807
mainly Net result for the year (+€94,100) and Investment in fixed assets (net) (+€64,579)
- Tangible fixed assets -€64,579
no longer reported in 2025 (was €64,579)
- Reserves +€94,969
up €94,969 (+219.6%), from €43,242 to €138,211
of which Tax-exempt reserves: +€96,828
- Revaluation surpluses -€51,184
no longer reported in 2025 (was €51,184)
- Provisions +€32,276
new in 2025: €32,276
- Profit (loss) carried forward -€2,727
down €2,727 (-11.5%), from €23,706 to €20,978
- Financial income +€129,348
new in 2025: €129,348
of which Non-recurring financial income: +€129,104
- Gross operating margin -€5,951
down €5,951 (-69.3%), from €8,593 to €2,641
- Taxes +€3,387
new in 2025: €3,387
- Depreciation -€1,929
no longer reported in 2025 (was €1,929)
- Financial charges +€247
up €247 (+57488.4%), from €0 to €248
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 | €132,977 | €208,559 | +€75,582 | +56.8% |
| Fixed assets | 21/28 | €64,579 | - | -€64,579 | |
| Tangible fixed assets | 22/27 | €64,579 | - | -€64,579 | |
| Land and buildings | 22 | €64,579 | - | -€64,579 | |
| Current assets | 29/58 | €68,398 | €208,559 | +€140,162 | +204.9% |
| Cash at bank and in hand | 54/58 | €67,664 | €207,807 | +€140,143 | +207.1% |
| Deferred charges and accrued income | 490/1 | €734 | €752 | +€19 | +2.6% |
| Total equity and liabilities | 10/49 | €132,977 | €208,559 | +€75,582 | +56.8% |
| Equity | 10/15 | €124,429 | €167,345 | +€42,917 | +34.5% |
| Contributions | 10/11 | €6,297 | €8,157 | +€1,859 | +29.5% |
| Capital | 10 | €6,297 | - | -€6,297 | |
| Issued capital | 100 | €18,592 | - | -€18,592 | |
| Uncalled capital | 101 | €12,295 | - | -€12,295 | |
| Revaluation surpluses | 12 | €51,184 | - | -€51,184 | |
| Reserves | 13 | €43,242 | €138,211 | +€94,969 | +219.6% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Legal reserve | 130 | €1,859 | - | -€1,859 | |
| Tax-exempt reserves | 132 | - | €96,828 | +€96,828 | |
| Distributable reserves | 133 | €41,383 | €41,383 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,706 | €20,978 | -€2,727 | -11.5% |
| Provisions and deferred taxes | 16 | - | €32,276 | +€32,276 | |
| Deferred taxes | 168 | - | €32,276 | +€32,276 | |
| Amounts payable | 17/49 | €8,548 | €8,938 | +€390 | +4.6% |
| Amounts payable within one year | 42/48 | €8,548 | €8,938 | +€390 | +4.6% |
| Trade debts | 44 | €836 | €836 | = | 0.0% |
| Suppliers | 440/4 | €836 | €836 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €176 | +€176 | |
| Taxes | 450/3 | - | €176 | +€176 | |
| Other amounts payable | 47/48 | €7,712 | €7,926 | +€214 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,929 | - | -€1,929 | |
| Other operating charges | 640/8 | €1,953 | €1,978 | +€25 | +1.3% |
| Gross operating margin | 9900 | €8,593 | €2,641 | -€5,951 | -69.3% |
| Operating profit (loss) | 9901 | €4,711 | €663 | -€4,047 | -85.9% |
| Financial income | 75/76B | - | €129,348 | +€129,348 | |
| Recurring financial income | 75 | - | €244 | +€244 | |
| Non-recurring financial income | 76B | - | €129,104 | +€129,104 | |
| Financial charges | 65/66B | €0 | €248 | +€247 | +57488.4% |
| Recurring financial charges | 65 | €0 | €248 | +€247 | +57488.4% |
| Profit (loss) for the period before taxes | 9903 | €4,710 | €129,764 | +€125,054 | +2655.0% |
| Transfer to deferred taxes | 680 | - | €32,276 | +€32,276 | |
| Income taxes | 67/77 | - | €3,387 | +€3,387 | |
| Profit (loss) for the period | 9904 | €4,710 | €94,100 | +€89,390 | +1897.8% |
| Transfer to tax-exempt reserves | 689 | - | €96,828 | +€96,828 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,710 | -€2,727 | -€7,438 |
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 10 October 2026 via checked.be.