IMMOBAT.BE: 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.
IMMOBAT.BE
Largest movements
- Receivables within one year +€22,886
up €22,886 (+1,198%), from €1,911 to €24,797
of which Other amounts receivable: +€22,886
- Cash -€12,875
down €12,875 (-17.1%), from €75,424 to €62,549
mainly Receivables within one year (-€22,886) and Current portion of long-term debt (-€8,456)
- Tangible fixed assets -€7,791
down €7,791 (-4.6%), from €168,632 to €160,841
- Profit (loss) carried forward +€18,542
up €18,542 (+31.8%), from -€58,249 to -€39,707
- Current portion of long-term debt -€8,456
down €8,456 (-54.6%), from €15,494 to €7,038
- Other debts -€7,208
down €7,208 (-85.2%), from €8,458 to €1,250
- Debts after one year -€7,038
down €7,038 (-33.7%), from €20,863 to €13,825
- Tax, wage and social debts +€6,619
up €6,619 (+388%), from €1,704 to €8,323
- Gross operating margin +€9,747
up €9,747 (+30.8%), from €31,616 to €41,363
- Taxes +€3,644
up €3,644 (+214%), from €1,704 to €5,348
- Other operating charges +€1,616
up €1,616 (+23.2%), from €6,979 to €8,595
- Financial income +€417
up €417 (+41,700%), from €1 to €418
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.
Derived cash bridge
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 | €247,227 | €249,904 | +€2,677 | +1.1% |
| Fixed assets | 21/28 | €168,845 | €161,054 | -€7,791 | -4.6% |
| Tangible fixed assets | 22/27 | €168,632 | €160,841 | -€7,791 | -4.6% |
| Land and buildings | 22 | €168,632 | €160,841 | -€7,791 | -4.6% |
| Financial fixed assets | 28 | €213 | €213 | = | 0.0% |
| Current assets | 29/58 | €78,382 | €88,850 | +€10,468 | +13.4% |
| Amounts receivable within one year | 40/41 | €1,911 | €24,797 | +€22,886 | +1,198% |
| Trade receivables | 40 | €1,500 | €1,500 | = | 0.0% |
| Other amounts receivable | 41 | €411 | €23,297 | +€22,886 | +5,568% |
| Cash at bank and in hand | 54/58 | €75,424 | €62,549 | -€12,875 | -17.1% |
| Deferred charges and accrued income | 490/1 | €1,047 | €1,504 | +€457 | +43.6% |
| Total equity and liabilities | 10/49 | €247,227 | €249,904 | +€2,677 | +1.1% |
| Equity | 10/15 | €182,648 | €201,190 | +€18,542 | +10.2% |
| Contributions | 10/11 | €132,000 | €132,000 | = | 0.0% |
| Capital | 10 | €132,000 | €132,000 | = | 0.0% |
| Issued capital | 100 | €132,000 | €132,000 | = | 0.0% |
| Revaluation surpluses | 12 | €104,060 | €104,060 | = | 0.0% |
| Reserves | 13 | €4,837 | €4,837 | = | 0.0% |
| Non-distributable reserves | 130/1 | €868 | €868 | = | 0.0% |
| Legal reserve | 130 | €868 | €868 | = | 0.0% |
| Distributable reserves | 133 | €3,969 | €3,969 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,249 | -€39,707 | +€18,542 | +31.8% |
| Amounts payable | 17/49 | €64,579 | €48,714 | -€15,865 | -24.6% |
| Amounts payable after more than one year | 17 | €20,863 | €13,825 | -€7,038 | -33.7% |
| Financial debts | 170/4 | €20,863 | €13,825 | -€7,038 | -33.7% |
| Amounts payable within one year | 42/48 | €42,640 | €33,788 | -€8,852 | -20.8% |
| Current portion of amounts payable after more than one year | 42 | €15,494 | €7,038 | -€8,456 | -54.6% |
| Trade debts | 44 | €16,984 | €17,177 | +€193 | +1.1% |
| Suppliers | 440/4 | €16,984 | €17,177 | +€193 | +1.1% |
| Taxes, remuneration and social security | 45 | €1,704 | €8,323 | +€6,619 | +388% |
| Taxes | 450/3 | €1,704 | €8,323 | +€6,619 | +388% |
| Other amounts payable | 47/48 | €8,458 | €1,250 | -€7,208 | -85.2% |
| Accrued charges and deferred income | 492/3 | €1,076 | €1,101 | +€25 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,791 | €7,791 | = | 0.0% |
| Other operating charges | 640/8 | €6,979 | €8,595 | +€1,616 | +23.2% |
| Gross operating margin | 9900 | €31,616 | €41,363 | +€9,747 | +30.8% |
| Operating profit (loss) | 9901 | €16,846 | €24,977 | +€8,131 | +48.3% |
| Financial income | 75/76B | €1 | €418 | +€417 | +41,700% |
| Recurring financial income | 75 | €1 | €418 | +€417 | +41,700% |
| Financial charges | 65/66B | €1,811 | €1,505 | -€306 | -16.9% |
| Recurring financial charges | 65 | €1,811 | €1,505 | -€306 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | €15,036 | €23,890 | +€8,854 | +58.9% |
| Income taxes | 67/77 | €1,704 | €5,348 | +€3,644 | +214% |
| Profit (loss) for the period | 9904 | €13,332 | €18,542 | +€5,210 | +39.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,332 | €18,542 | +€5,210 | +39.1% |
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 26 October 2026 via checked.be.