IMMOBIDA: 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.
What changed
IMMOBIDA
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€385,227
2024 · €348,710+€36,517
Equity
€5.4m
2024 · €5.0m+€385,227
Cash
€3.3m
2024 · €2.9m+€427,599
Balance sheet total
€16.5m
2024 · €16.1m+€373,379
Largest movements
Assets
- Cash +€427,599
up €427,599 (+14.9%), from €2.9m to €3.3m
mainly Net result for the year (+€385,227) and Depreciation (+€77,256)
Equity and liabilities
- Reserves +€385,227
up €385,227 (+122%), from €314,573 to €699,800
of which Distributable reserves: +€385,227
Income statement
- Financial income +€32,606
up €32,606 (+260%), from €12,519 to €45,125
- Financial charges -€16,425
down €16,425 (-9.0%), from €183,384 to €166,959
- Taxes +€13,290
up €13,290 (+11.2%), from €118,776 to €132,067
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.
Result 2024
€348,710
Gross operating margin
+€3,627
Depreciation
+€456
Other operating charges
-€3,307
Financial income
+€32,606
Financial charges
+€16,425
Taxes
-€13,290
Result 2025
€385,227
raises the resultlowers the result
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.
From operations
+€436,849
Investment
-€9,250
Financing
€0
Cash 2024
€2.9m
From operations (derived)
+€436,849
Net result for the year
+€385,227
Depreciation
+€77,256
Receivables after one year
-€11,029
Receivables within one year
-€2,511
Smaller working-capital items
-€536
Trade debts
-€9,632
Tax, wage and social debts
+€10,893
Other debts
-€12,819
Investment (derived)
-€9,250
Investment in fixed assets (net)
-€9,250
Cash 2025
€3.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,104,439 | €16,477,818 | +€373,379 | +2.3% |
| Fixed assets | 21/28 | €5,821,025 | €5,753,019 | -€68,006 | -1.2% |
| Tangible fixed assets | 22/27 | €5,820,935 | €5,752,929 | -€68,006 | -1.2% |
| Land and buildings | 22 | €5,627,435 | €5,553,103 | -€74,332 | -1.3% |
| Plant, machinery and equipment | 23 | €6,173 | €13,357 | +€7,184 | +116% |
| Furniture and vehicles | 24 | €911 | €53 | -€859 | -94.2% |
| Other tangible fixed assets | 26 | €186,416 | €186,416 | = | 0.0% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €10,283,414 | €10,724,800 | +€441,386 | +4.3% |
| Amounts receivable after more than one year | 29 | €782,174 | €793,203 | +€11,029 | +1.4% |
| Other amounts receivable | 291 | €782,174 | €793,203 | +€11,029 | +1.4% |
| Amounts receivable within one year | 40/41 | €6,623,124 | €6,625,635 | +€2,511 | 0.0% |
| Trade receivables | 40 | €246,544 | €251,256 | +€4,711 | +1.9% |
| Other amounts receivable | 41 | €6,376,579 | €6,374,379 | -€2,200 | 0.0% |
| Cash at bank and in hand | 54/58 | €2,874,207 | €3,301,806 | +€427,599 | +14.9% |
| Deferred charges and accrued income | 490/1 | €3,909 | €4,155 | +€246 | +6.3% |
| Total equity and liabilities | 10/49 | €16,104,439 | €16,477,818 | +€373,379 | +2.3% |
| Equity | 10/15 | €4,991,773 | €5,377,000 | +€385,227 | +7.7% |
| Contributions | 10/11 | €62,200 | €62,200 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Contributions outside capital | 11 | €200 | €200 | = | 0.0% |
| Share premium | 1100/10 | €200 | €200 | = | 0.0% |
| Revaluation surpluses | 12 | €4,615,000 | €4,615,000 | = | 0.0% |
| Reserves | 13 | €314,573 | €699,800 | +€385,227 | +122% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €308,373 | €693,600 | +€385,227 | +125% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €5,720,482 | €5,720,482 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €5,720,482 | €5,720,482 | = | 0.0% |
| Pensions and similar obligations | 160 | €5,720,482 | €5,720,482 | = | 0.0% |
| Amounts payable | 17/49 | €5,392,184 | €5,380,336 | -€11,848 | -0.2% |
| Amounts payable within one year | 42/48 | €5,310,945 | €5,299,388 | -€11,558 | -0.2% |
| Trade debts | 44 | €18,007 | €8,375 | -€9,632 | -53.5% |
| Suppliers | 440/4 | €18,007 | €8,375 | -€9,632 | -53.5% |
| Taxes, remuneration and social security | 45 | €114,211 | €125,104 | +€10,893 | +9.5% |
| Taxes | 450/3 | €110,386 | €121,279 | +€10,893 | +9.9% |
| Remuneration and social security | 454/9 | €3,825 | €3,825 | = | 0.0% |
| Other amounts payable | 47/48 | €5,178,728 | €5,165,909 | -€12,819 | -0.2% |
| Accrued charges and deferred income | 492/3 | €81,238 | €80,948 | -€290 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,712 | €77,256 | -€456 | -0.6% |
| Other operating charges | 640/8 | €131,745 | €135,052 | +€3,307 | +2.5% |
| Gross operating margin | 9900 | €847,809 | €851,436 | +€3,627 | +0.4% |
| Operating profit (loss) | 9901 | €638,351 | €639,127 | +€776 | +0.1% |
| Financial income | 75/76B | €12,519 | €45,125 | +€32,606 | +260% |
| Recurring financial income | 75 | €12,519 | €45,125 | +€32,606 | +260% |
| Financial charges | 65/66B | €183,384 | €166,959 | -€16,425 | -9.0% |
| Recurring financial charges | 65 | €183,384 | €166,959 | -€16,425 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €467,486 | €517,294 | +€49,808 | +10.7% |
| Income taxes | 67/77 | €118,776 | €132,067 | +€13,290 | +11.2% |
| Profit (loss) for the period | 9904 | €348,710 | €385,227 | +€36,517 | +10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €348,710 | €385,227 | +€36,517 | +10.5% |
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 18 October 2026 via checked.be.