IMMOBAR: 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.
IMMOBAR
Largest movements
- Tangible fixed assets -€19,172
down €19,172 (-4.4%), from €434,929 to €415,757
- Cash +€4,621
up €4,621 (+84.4%), from €5,474 to €10,095
mainly Depreciation (+€24,406) and Net result for the year (+€2,709)
- Debts after one year -€17,569
down €17,569 (-8.1%), from €217,843 to €200,274
- Gross operating margin +€5,211
up €5,211 (+18.3%), from €28,441 to €33,652
- Depreciation +€768
up €768 (+3.2%), from €23,638 to €24,406
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 | €441,213 | €426,704 | -€14,509 | -3.3% |
| Fixed assets | 21/28 | €434,929 | €415,757 | -€19,172 | -4.4% |
| Tangible fixed assets | 22/27 | €434,929 | €415,757 | -€19,172 | -4.4% |
| Land and buildings | 22 | €434,929 | €415,757 | -€19,172 | -4.4% |
| Current assets | 29/58 | €6,285 | €10,947 | +€4,663 | +74.2% |
| Cash at bank and in hand | 54/58 | €5,474 | €10,095 | +€4,621 | +84.4% |
| Deferred charges and accrued income | 490/1 | €811 | €853 | +€42 | +5.1% |
| Total equity and liabilities | 10/49 | €441,213 | €426,704 | -€14,509 | -3.3% |
| Equity | 10/15 | €41,626 | €44,335 | +€2,709 | +6.5% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,347 | -€17,638 | +€2,709 | +13.3% |
| Amounts payable | 17/49 | €399,588 | €382,369 | -€17,218 | -4.3% |
| Amounts payable after more than one year | 17 | €217,843 | €200,274 | -€17,569 | -8.1% |
| Financial debts | 170/4 | €217,843 | €200,274 | -€17,569 | -8.1% |
| Amounts payable within one year | 42/48 | €181,745 | €182,096 | +€351 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €17,218 | €17,569 | +€351 | +2.0% |
| Other amounts payable | 47/48 | €164,526 | €164,526 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,638 | €24,406 | +€768 | +3.2% |
| Other operating charges | 640/8 | €1,609 | €1,675 | +€66 | +4.1% |
| Gross operating margin | 9900 | €28,441 | €33,652 | +€5,211 | +18.3% |
| Operating profit (loss) | 9901 | €3,194 | €7,571 | +€4,378 | +137.1% |
| Financial charges | 65/66B | €5,140 | €4,862 | -€277 | -5.4% |
| Recurring financial charges | 65 | €5,140 | €4,862 | -€277 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,946 | €2,709 | +€4,655 | |
| Profit (loss) for the period | 9904 | -€1,946 | €2,709 | +€4,655 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,946 | €2,709 | +€4,655 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.