IMMOBEXP: 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.
IMMOBEXP
Largest movements
- Receivables within one year -€5,445
down €5,445 (-74.4%), from €7,314 to €1,869
of which Trade receivables: -€6,031
- Cash +€2,124
up €2,124, from €0 to €2,124
mainly Receivables within one year (+€5,445) and Tax, wage and social debts (+€950)
- Tangible fixed assets -€397
down €397 (-25.5%), from €1,554 to €1,158
- Profit (loss) carried forward -€3,612
down €3,612 (-38.0%), from -€9,509 to -€13,121
- Tax, wage and social debts +€950
up €950 (+15.4%), from €6,180 to €7,130
- Trade debts -€827
down €827 (-14.8%), from €5,600 to €4,774
- Other debts -€623
down €623 (-90.7%), from €686 to €63
- Short-term financial debts +€418
up €418 (+11.9%), from €3,515 to €3,933
- Other operating charges -€9,278
down €9,278 (-92.4%), from €10,045 to €768
- Gross operating margin -€1,388
down €1,388 (-67.4%), from €2,059 to €671
- Financial charges +€992
up €992 (+75.3%), from €1,317 to €2,309
- Taxes +€638
up €638 (+368.7%), from €173 to €811
- Depreciation +€364
up €364 (+1116.5%), from €33 to €397
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 | €8,972 | €5,279 | -€3,693 | -41.2% |
| Fixed assets | 21/28 | €1,554 | €1,158 | -€397 | -25.5% |
| Tangible fixed assets | 22/27 | €1,554 | €1,158 | -€397 | -25.5% |
| Furniture and vehicles | 24 | €1,554 | €1,158 | -€397 | -25.5% |
| Current assets | 29/58 | €7,418 | €4,121 | -€3,297 | -44.4% |
| Amounts receivable within one year | 40/41 | €7,314 | €1,869 | -€5,445 | -74.4% |
| Trade receivables | 40 | €7,302 | €1,271 | -€6,031 | -82.6% |
| Other amounts receivable | 41 | €12 | €598 | +€586 | +4800.8% |
| Cash at bank and in hand | 54/58 | €0 | €2,124 | +€2,124 | |
| Deferred charges and accrued income | 490/1 | €104 | €128 | +€24 | +23.2% |
| Total equity and liabilities | 10/49 | €8,972 | €5,279 | -€3,693 | -41.2% |
| Equity | 10/15 | -€7,009 | -€10,621 | -€3,612 | -51.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,509 | -€13,121 | -€3,612 | -38.0% |
| Amounts payable | 17/49 | €15,981 | €15,899 | -€82 | -0.5% |
| Amounts payable within one year | 42/48 | €15,981 | €15,899 | -€82 | -0.5% |
| Financial debts | 43 | €3,515 | €3,933 | +€418 | +11.9% |
| Credit institutions | 430/8 | €3,515 | €3,933 | +€418 | +11.9% |
| Trade debts | 44 | €5,600 | €4,774 | -€827 | -14.8% |
| Suppliers | 440/4 | €5,600 | €4,774 | -€827 | -14.8% |
| Taxes, remuneration and social security | 45 | €6,180 | €7,130 | +€950 | +15.4% |
| Taxes | 450/3 | €6,180 | €7,130 | +€950 | +15.4% |
| Other amounts payable | 47/48 | €686 | €63 | -€623 | -90.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33 | €397 | +€364 | +1116.5% |
| Other operating charges | 640/8 | €10,045 | €768 | -€9,278 | -92.4% |
| Gross operating margin | 9900 | €2,059 | €671 | -€1,388 | -67.4% |
| Operating profit (loss) | 9901 | -€8,019 | -€494 | +€7,525 | +93.8% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €1,317 | €2,309 | +€992 | +75.3% |
| Recurring financial charges | 65 | €1,317 | €2,309 | +€992 | +75.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,336 | -€2,800 | +€6,536 | +70.0% |
| Income taxes | 67/77 | €173 | €811 | +€638 | +368.7% |
| Profit (loss) for the period | 9904 | -€9,509 | -€3,612 | +€5,898 | +62.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,509 | -€3,612 | +€5,898 | +62.0% |
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.