Immobilis: 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.
Immobilis
Largest movements
- Cash +€39,986
up €39,986 (+7.7%), from €519,722 to €559,708
mainly Net result for the year (+€48,337) and Depreciation (+€1,381)
- Reserves +€48,000
up €48,000 (+12.8%), from €374,881 to €422,881
of which Distributable reserves: +€48,000
- Gross operating margin -€18,875
down €18,875 (-20.5%), from €92,011 to €73,136
- Financial income -€8,014
down €8,014 (-96.4%), from €8,312 to €298
- Taxes +€4,041
up €4,041 (+21.2%), from €19,101 to €23,142
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 | €527,610 | €572,572 | +€44,962 | +8.5% |
| Fixed assets | 21/28 | €1,421 | €5,761 | +€4,340 | +305% |
| Tangible fixed assets | 22/27 | €1,421 | €5,761 | +€4,340 | +305% |
| Furniture and vehicles | 24 | €1,421 | €898 | -€523 | -36.8% |
| Other tangible fixed assets | 26 | - | €4,863 | +€4,863 | |
| Current assets | 29/58 | €526,189 | €566,811 | +€40,622 | +7.7% |
| Amounts receivable within one year | 40/41 | €5,423 | €6,591 | +€1,168 | +21.5% |
| Trade receivables | 40 | €3,987 | €4,844 | +€857 | +21.5% |
| Other amounts receivable | 41 | €1,436 | €1,747 | +€311 | +21.7% |
| Cash at bank and in hand | 54/58 | €519,722 | €559,708 | +€39,986 | +7.7% |
| Deferred charges and accrued income | 490/1 | €1,045 | €512 | -€533 | -51.0% |
| Total equity and liabilities | 10/49 | €527,610 | €572,572 | +€44,962 | +8.5% |
| Equity | 10/15 | €516,485 | €564,822 | +€48,337 | +9.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €374,881 | €422,881 | +€48,000 | +12.8% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €368,681 | €416,681 | +€48,000 | +13.0% |
| Profit (loss) carried forward | 14 | €79,604 | €79,941 | +€337 | +0.4% |
| Amounts payable | 17/49 | €11,125 | €7,750 | -€3,375 | -30.3% |
| Amounts payable within one year | 42/48 | €11,125 | €7,750 | -€3,375 | -30.3% |
| Trade debts | 44 | - | €1,264 | +€1,264 | |
| Suppliers | 440/4 | - | €1,264 | +€1,264 | |
| Taxes, remuneration and social security | 45 | €10,212 | €5,753 | -€4,459 | -43.7% |
| Taxes | 450/3 | €10,212 | €5,753 | -€4,459 | -43.7% |
| Other amounts payable | 47/48 | €913 | €733 | -€180 | -19.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €770 | €1,381 | +€611 | +79.4% |
| Other operating charges | 640/8 | €415 | €520 | +€104 | +25.2% |
| Gross operating margin | 9900 | €92,011 | €73,136 | -€18,875 | -20.5% |
| Operating profit (loss) | 9901 | €90,826 | €71,234 | -€19,591 | -21.6% |
| Financial income | 75/76B | €8,312 | €298 | -€8,014 | -96.4% |
| Recurring financial income | 75 | €8,312 | €298 | -€8,014 | -96.4% |
| Financial charges | 65/66B | €50 | €53 | +€4 | +7.2% |
| Recurring financial charges | 65 | €50 | €53 | +€4 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €99,088 | €71,479 | -€27,609 | -27.9% |
| Income taxes | 67/77 | €19,101 | €23,142 | +€4,041 | +21.2% |
| Profit (loss) for the period | 9904 | €79,986 | €48,337 | -€31,650 | -39.6% |
| Profit (loss) for the period to be appropriated | 9905 | €79,986 | €48,337 | -€31,650 | -39.6% |
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 30 October 2026 via checked.be.