IMMOBIANCO: 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.
IMMOBIANCO
Largest movements
- Stocks and contracts +€179,064
up €179,064 (+106%), from €168,733 to €347,797
- Cash -€117,215
down €117,215 (-92.2%), from €127,170 to €9,955
mainly Stocks and contracts (-€179,064) and Net result for the year (-€19,192)
- Receivables within one year +€8,129
up €8,129 (+1,287%), from €631 to €8,760
- Other debts +€90,358
up €90,358 (+41.9%), from €215,873 to €306,231
- Profit (loss) carried forward -€19,192
down €19,192 (-38.4%), from €49,945 to €30,753
- Tax, wage and social debts -€12,548
no longer reported in 2025 (was €12,548)
- Trade debts +€10,451
up €10,451 (+1,268%), from €824 to €11,275
- Gross operating margin -€74,331
down €74,331, from €60,539 to -€13,793
- Taxes -€11,137
no longer reported in 2025 (was €11,137)
- Depreciation +€971
up €971 (+50.4%), from €1,928 to €2,899
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 | €304,243 | €375,125 | +€70,882 | +23.3% |
| Fixed assets | 21/28 | €7,236 | €7,338 | +€101 | +1.4% |
| Tangible fixed assets | 22/27 | €7,236 | €7,338 | +€101 | +1.4% |
| Furniture and vehicles | 24 | €7,236 | €7,338 | +€101 | +1.4% |
| Current assets | 29/58 | €297,007 | €367,788 | +€70,781 | +23.8% |
| Stocks and contracts in progress | 3 | €168,733 | €347,797 | +€179,064 | +106% |
| Stocks | 30/36 | €168,733 | €347,797 | +€179,064 | +106% |
| Amounts receivable within one year | 40/41 | €631 | €8,760 | +€8,129 | +1,287% |
| Other amounts receivable | 41 | €631 | €8,760 | +€8,129 | +1,287% |
| Cash at bank and in hand | 54/58 | €127,170 | €9,955 | -€117,215 | -92.2% |
| Deferred charges and accrued income | 490/1 | €472 | €1,275 | +€803 | +170% |
| Total equity and liabilities | 10/49 | €304,243 | €375,125 | +€70,882 | +23.3% |
| Equity | 10/15 | €74,945 | €55,753 | -€19,192 | -25.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,945 | €30,753 | -€19,192 | -38.4% |
| Amounts payable | 17/49 | €229,298 | €319,372 | +€90,075 | +39.3% |
| Amounts payable within one year | 42/48 | €229,245 | €319,372 | +€90,127 | +39.3% |
| Current portion of amounts payable after more than one year | 42 | - | €1,866 | +€1,866 | |
| Trade debts | 44 | €824 | €11,275 | +€10,451 | +1,268% |
| Suppliers | 440/4 | €824 | €11,275 | +€10,451 | +1,268% |
| Taxes, remuneration and social security | 45 | €12,548 | - | -€12,548 | |
| Taxes | 450/3 | €12,548 | - | -€12,548 | |
| Other amounts payable | 47/48 | €215,873 | €306,231 | +€90,358 | +41.9% |
| Accrued charges and deferred income | 492/3 | €53 | - | -€53 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,928 | €2,899 | +€971 | +50.4% |
| Other operating charges | 640/8 | €2,838 | €2,393 | -€445 | -15.7% |
| Gross operating margin | 9900 | €60,539 | -€13,793 | -€74,331 | |
| Operating profit (loss) | 9901 | €55,772 | -€19,084 | -€74,857 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €103 | €108 | +€5 | +5.1% |
| Recurring financial charges | 65 | €103 | €108 | +€5 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | €55,670 | -€19,192 | -€74,862 | |
| Income taxes | 67/77 | €11,137 | - | -€11,137 | |
| Profit (loss) for the period | 9904 | €44,533 | -€19,192 | -€63,725 | |
| Profit (loss) for the period to be appropriated | 9905 | €44,533 | -€19,192 | -€63,725 |
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 1 November 2026 via checked.be.