IMMOBAT CONSTRUCT: 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.
IMMOBAT CONSTRUCT
Largest movements
- Cash -€19,039
down €19,039 (-96.9%), from €19,640 to €602
mainly Net result for the year (-€12,384) and Investment in fixed assets (net) (-€9,012)
- Stocks and contracts +€4,003
new in 2025: €4,003
- Tangible fixed assets -€1,978
down €1,978 (-10.8%), from €18,272 to €16,294
of which Furniture and vehicles: -€9,344
- Deferred charges and accrued income -€1,770
no longer reported in 2025 (was €1,770)
- Profit (loss) carried forward -€12,384
down €12,384 (-15.4%), from €80,273 to €67,889
- Tax, wage and social debts +€7,709
up €7,709 (+664.2%), from €1,161 to €8,870
of which Remuneration and social security: +€8,612
- Debts after one year -€6,135
down €6,135 (-57.1%), from €10,748 to €4,613
- Trade debts -€4,626
down €4,626 (-44.9%), from €10,314 to €5,688
- Other debts -€4,000
no longer reported in 2025 (was €4,000)
- Gross operating margin -€35,170
down €35,170 (-53.2%), from €66,060 to €30,890
- Taxes +€5,786
up €5,786 (+191.2%), from €3,026 to €8,812
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 | €126,134 | €108,335 | -€17,799 | -14.1% |
| Fixed assets | 21/28 | €18,272 | €16,294 | -€1,978 | -10.8% |
| Tangible fixed assets | 22/27 | €18,272 | €16,294 | -€1,978 | -10.8% |
| Plant, machinery and equipment | 23 | - | €7,366 | +€7,366 | |
| Furniture and vehicles | 24 | €18,272 | €8,928 | -€9,344 | -51.1% |
| Current assets | 29/58 | €107,862 | €92,042 | -€15,821 | -14.7% |
| Stocks and contracts in progress | 3 | - | €4,003 | +€4,003 | |
| Stocks | 30/36 | - | €4,003 | +€4,003 | |
| Amounts receivable within one year | 40/41 | €86,452 | €87,437 | +€985 | +1.1% |
| Trade receivables | 40 | €82,895 | €81,959 | -€936 | -1.1% |
| Other amounts receivable | 41 | €3,557 | €5,478 | +€1,921 | +54.0% |
| Cash at bank and in hand | 54/58 | €19,640 | €602 | -€19,039 | -96.9% |
| Deferred charges and accrued income | 490/1 | €1,770 | - | -€1,770 | |
| Total equity and liabilities | 10/49 | €126,134 | €108,335 | -€17,799 | -14.1% |
| Equity | 10/15 | €88,333 | €75,949 | -€12,384 | -14.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €80,273 | €67,889 | -€12,384 | -15.4% |
| Amounts payable | 17/49 | €37,801 | €32,386 | -€5,415 | -14.3% |
| Amounts payable after more than one year | 17 | €10,748 | €4,613 | -€6,135 | -57.1% |
| Financial debts | 170/4 | €10,748 | €4,613 | -€6,135 | -57.1% |
| Amounts payable within one year | 42/48 | €27,053 | €27,773 | +€720 | +2.7% |
| Current portion of amounts payable after more than one year | 42 | €11,578 | €13,215 | +€1,637 | +14.1% |
| Trade debts | 44 | €10,314 | €5,688 | -€4,626 | -44.9% |
| Suppliers | 440/4 | €10,314 | €5,688 | -€4,626 | -44.9% |
| Taxes, remuneration and social security | 45 | €1,161 | €8,870 | +€7,709 | +664.2% |
| Taxes | 450/3 | €1,161 | €258 | -€903 | -77.8% |
| Remuneration and social security | 454/9 | - | €8,612 | +€8,612 | |
| Other amounts payable | 47/48 | €4,000 | - | -€4,000 | |
| Remuneration, social security and pensions | 62 | €21,746 | €22,295 | +€549 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,351 | €10,990 | -€361 | -3.2% |
| Other operating charges | 640/8 | €160 | €129 | -€31 | -19.3% |
| Gross operating margin | 9900 | €66,060 | €30,890 | -€35,170 | -53.2% |
| Operating profit (loss) | 9901 | €32,803 | -€2,524 | -€35,327 | |
| Financial income | 75/76B | €4 | €30 | +€26 | +666.9% |
| Recurring financial income | 75 | €4 | €30 | +€26 | +666.9% |
| Financial charges | 65/66B | €956 | €1,079 | +€122 | +12.8% |
| Recurring financial charges | 65 | €956 | €1,079 | +€122 | +12.8% |
| Profit (loss) for the period before taxes | 9903 | €31,850 | -€3,573 | -€35,423 | |
| Income taxes | 67/77 | €3,026 | €8,812 | +€5,786 | +191.2% |
| Profit (loss) for the period | 9904 | €28,825 | -€12,384 | -€41,209 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,825 | -€12,384 | -€41,209 |
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 7 October 2026 via checked.be.