IMMOBEG: 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.
IMMOBEG
Largest movements
- Tangible fixed assets -€49,812
down €49,812 (-40.3%), from €123,580 to €73,768
- Cash +€39,267
up €39,267 (+3616.8%), from €1,086 to €40,353
mainly Investment in fixed assets (net) (+€42,312) and Depreciation (+€7,500)
- Debts after one year -€12,530
down €12,530 (-100.0%), from €12,530 to €0
- Other debts +€4,906
up €4,906 (+2.4%), from €202,508 to €207,415
- Current portion of long-term debt -€3,271
down €3,271 (-20.7%), from €15,800 to €12,530
- Purchases and services +€3,017
up €3,017 (+123.7%), from €2,439 to €5,455
- Depreciation -€1,944
down €1,944 (-20.6%), from €9,444 to €7,500
- Financial charges -€971
down €971 (-40.4%), from €2,404 to €1,433
- Gross operating margin +€231
up €231 (+2.0%), from €11,851 to €12,083
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 | €125,592 | €115,045 | -€10,547 | -8.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €123,580 | €73,768 | -€49,812 | -40.3% |
| Tangible fixed assets | 22/27 | €123,580 | €73,768 | -€49,812 | -40.3% |
| Land and buildings | 22 | €123,580 | €73,768 | -€49,812 | -40.3% |
| Current assets | 29/58 | €2,012 | €41,277 | +€39,265 | +1951.7% |
| Amounts receivable within one year | 40/41 | €0 | €0 | = | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €1,086 | €40,353 | +€39,267 | +3616.8% |
| Deferred charges and accrued income | 490/1 | €926 | €924 | -€2 | -0.2% |
| Total equity and liabilities | 10/49 | €125,592 | €115,045 | -€10,547 | -8.4% |
| Equity | 10/15 | -€106,804 | -€105,599 | +€1,205 | +1.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€131,804 | -€130,599 | +€1,205 | +0.9% |
| Amounts payable | 17/49 | €232,395 | €220,644 | -€11,751 | -5.1% |
| Amounts payable after more than one year | 17 | €12,530 | €0 | -€12,530 | -100.0% |
| Financial debts | 170/4 | €12,530 | €0 | -€12,530 | -100.0% |
| Amounts payable within one year | 42/48 | €219,208 | €220,644 | +€1,436 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €15,800 | €12,530 | -€3,271 | -20.7% |
| Trade debts | 44 | €900 | €700 | -€200 | -22.2% |
| Suppliers | 440/4 | €900 | €700 | -€200 | -22.2% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €202,508 | €207,415 | +€4,906 | +2.4% |
| Accrued charges and deferred income | 492/3 | €658 | €0 | -€658 | -100.0% |
| Non-recurring operating income | 76A | - | €2,688 | +€2,688 | |
| Goods, raw materials, services and sundry goods | 60/61 | €2,439 | €5,455 | +€3,017 | +123.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,444 | €7,500 | -€1,944 | -20.6% |
| Other operating charges | 640/8 | €1,887 | €1,945 | +€59 | +3.1% |
| Gross operating margin | 9900 | €11,851 | €12,083 | +€231 | +2.0% |
| Operating profit (loss) | 9901 | €521 | €2,637 | +€2,116 | +405.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €2,404 | €1,433 | -€971 | -40.4% |
| Recurring financial charges | 65 | €2,404 | €1,433 | -€971 | -40.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,883 | €1,205 | +€3,088 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€1,883 | €1,205 | +€3,088 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,883 | €1,205 | +€3,088 |
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 6 October 2026 via checked.be.