IMMOBIRA: 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.
IMMOBIRA
Largest movements
- Tangible fixed assets -€838,678
down €838,678 (-86.9%), from €964,931 to €126,254
of which Land and buildings: -€838,061
- Cash +€815,826
up €815,826 (+2,669%), from €30,563 to €846,388
mainly Investment in fixed assets (net) (+€808,924) and Net result for the year (+€111,802)
- Receivables within one year +€54,688
up €54,688 (+8.1%), from €675,168 to €729,855
of which Trade receivables: +€43,531
- Tax, wage and social debts -€132,002
no longer reported in 2025 (was €132,002)
- Trade debts +€93,919
up €93,919 (+55.7%), from €168,587 to €262,506
- Profit (loss) carried forward +€61,802
up €61,802 (+7.4%), from -€836,354 to -€774,553
- Taxes -€129,592
down €129,592, from €96 to -€129,496
- Gross operating margin +€80,024
up €80,024, from -€33,835 to €46,190
- Depreciation -€34,679
down €34,679 (-54.4%), from €63,739 to €29,060
- Other operating charges +€8,159
up €8,159 (+40.1%), from €20,372 to €28,531
- Write-downs -€4,490
no longer reported in 2025 (was €4,490)
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 | €2,026,091 | €2,058,706 | +€32,615 | +1.6% |
| Fixed assets | 21/28 | €1,320,153 | €482,169 | -€837,984 | -63.5% |
| Tangible fixed assets | 22/27 | €964,931 | €126,254 | -€838,678 | -86.9% |
| Land and buildings | 22 | €964,314 | €126,254 | -€838,061 | -86.9% |
| Furniture and vehicles | 24 | €617 | - | -€617 | |
| Financial fixed assets | 28 | €355,221 | €355,915 | +€694 | +0.2% |
| Current assets | 29/58 | €705,938 | €1,576,537 | +€870,598 | +123% |
| Amounts receivable within one year | 40/41 | €675,168 | €729,855 | +€54,688 | +8.1% |
| Trade receivables | 40 | - | €43,531 | +€43,531 | |
| Other amounts receivable | 41 | €675,168 | €686,324 | +€11,156 | +1.7% |
| Cash at bank and in hand | 54/58 | €30,563 | €846,388 | +€815,826 | +2,669% |
| Deferred charges and accrued income | 490/1 | €208 | €293 | +€85 | +41.0% |
| Total equity and liabilities | 10/49 | €2,026,091 | €2,058,706 | +€32,615 | +1.6% |
| Equity | 10/15 | €1,035,382 | €1,097,184 | +€61,802 | +6.0% |
| Contributions | 10/11 | €864,663 | €864,663 | = | 0.0% |
| Capital | 10 | €864,663 | €864,663 | = | 0.0% |
| Issued capital | 100 | €864,663 | €864,663 | = | 0.0% |
| Reserves | 13 | €1,007,074 | €1,007,074 | = | 0.0% |
| Non-distributable reserves | 130/1 | €86,763 | €86,763 | = | 0.0% |
| Legal reserve | 130 | €86,763 | €86,763 | = | 0.0% |
| Tax-exempt reserves | 132 | €920,311 | €920,311 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€836,354 | -€774,553 | +€61,802 | +7.4% |
| Provisions and deferred taxes | 16 | €306,770 | €306,770 | = | 0.0% |
| Deferred taxes | 168 | €306,770 | €306,770 | = | 0.0% |
| Amounts payable | 17/49 | €683,938 | €654,751 | -€29,187 | -4.3% |
| Amounts payable within one year | 42/48 | €683,938 | €654,751 | -€29,187 | -4.3% |
| Trade debts | 44 | €168,587 | €262,506 | +€93,919 | +55.7% |
| Suppliers | 440/4 | €168,587 | €262,506 | +€93,919 | +55.7% |
| Taxes, remuneration and social security | 45 | €132,002 | - | -€132,002 | |
| Taxes | 450/3 | €132,002 | - | -€132,002 | |
| Other amounts payable | 47/48 | €383,350 | €392,246 | +€8,896 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,739 | €29,060 | -€34,679 | -54.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,490 | - | -€4,490 | |
| Other operating charges | 640/8 | €20,372 | €28,531 | +€8,159 | +40.1% |
| Non-recurring operating charges | 66A | €662,394 | €3,328 | -€659,066 | -99.5% |
| Gross operating margin | 9900 | -€33,835 | €46,190 | +€80,024 | |
| Operating profit (loss) | 9901 | -€784,830 | -€14,730 | +€770,100 | +98.1% |
| Financial income | 75/76B | €491 | €905 | +€414 | +84.2% |
| Recurring financial income | 75 | €491 | €905 | +€414 | +84.2% |
| Financial charges | 65/66B | €2,411 | €3,869 | +€1,458 | +60.4% |
| Recurring financial charges | 65 | €2,411 | €3,869 | +€1,458 | +60.4% |
| Profit (loss) for the period before taxes | 9903 | -€786,750 | -€17,694 | +€769,056 | +97.8% |
| Income taxes | 67/77 | €96 | -€129,496 | -€129,592 | |
| Profit (loss) for the period | 9904 | -€786,846 | €111,802 | +€898,648 | |
| Profit (loss) for the period to be appropriated | 9905 | -€786,846 | €111,802 | +€898,648 |
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 16 October 2026 via checked.be.