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IMMOBO: what changed

Two fiscal 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

IMMOBO

BE 0447.084.678
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€3,595
2024 · €43,426-€39,831
Equity
€265,414
2024 · €261,819+€3,595
Cash
€1,146
2024 · €8,645-€7,499
Balance sheet total
€274,250
2024 · €282,007-€7,757

Largest movements

2024 to 2025
Assets
  • Cash -€7,499

    down €7,499 (-86.7%), from €8,645 to €1,146

    mainly Other debts (-€10,474) and Investment in fixed assets (net) (-€1,909)

Equity and liabilities
  • Other debts -€10,474

    down €10,474 (-61.8%), from €16,959 to €6,485

  • Profit (loss) carried forward +€3,595

    up €3,595 (+1.8%), from -€203,441 to -€199,846

Income statement
  • Gross operating margin -€48,153

    down €48,153, from €47,287 to -€866

  • Taxes -€4,879

    down €4,879 (-99.9%), from €4,884 to €5

  • Depreciation -€2,579

    down €2,579 (-72.0%), from €3,584 to €1,004

  • Other operating charges -€854

    down €854 (-58.8%), from €1,452 to €599

From the 2024 result to the 2025 result

effect on the 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 €43,426
Gross operating margin -€48,153
Depreciation +€2,579
Other operating charges +€854
Financial income +€10
Financial charges -€0
Taxes +€4,879
Result 2025 €3,595

Cash bridge derived

cash 2024 to 2025

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 -€5,590
Investment -€1,909
Financing €0
Cash 2024 €8,645
Net result for the year +€3,595
Depreciation +€1,004
Receivables within one year +€1,162
Trade debts -€878
Other debts -€10,474
Investment in fixed assets (net) -€1,909
Cash 2025 €1,146
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €282,007 €274,250 -€7,757 -2.8%
Fixed assets 21/28 €272,200 €273,105 +€905 +0.3%
Tangible fixed assets 22/27 €18,200 €19,105 +€905 +5.0%
Land and buildings 22 €18,200 €17,600 -€600 -3.3%
Furniture and vehicles 24 - €1,505 +€1,505
Financial fixed assets 28 €254,000 €254,000 = 0.0%
Current assets 29/58 €9,807 €1,146 -€8,661 -88.3%
Amounts receivable within one year 40/41 €1,162 - -€1,162
Trade receivables 40 €1,162 - -€1,162
Cash at bank and in hand 54/58 €8,645 €1,146 -€7,499 -86.7%
Total equity and liabilities 10/49 €282,007 €274,250 -€7,757 -2.8%
Equity 10/15 €261,819 €265,414 +€3,595 +1.4%
Contributions 10/11 €70,000 €70,000 = 0.0%
Reserves 13 €395,260 €395,260 = 0.0%
Non-distributable reserves 130/1 €7,000 €7,000 = 0.0%
Reserves not available under the articles 1311 €7,000 €7,000 = 0.0%
Distributable reserves 133 €388,260 €388,260 = 0.0%
Profit (loss) carried forward 14 -€203,441 -€199,846 +€3,595 +1.8%
Amounts payable 17/49 €20,188 €8,836 -€11,352 -56.2%
Amounts payable within one year 42/48 €20,188 €8,836 -€11,352 -56.2%
Trade debts 44 €3,229 €2,352 -€878 -27.2%
Suppliers 440/4 €3,229 €2,352 -€878 -27.2%
Other amounts payable 47/48 €16,959 €6,485 -€10,474 -61.8%
Non-recurring operating income 76A €60,793 - -€60,793
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,584 €1,004 -€2,579 -72.0%
Other operating charges 640/8 €1,452 €599 -€854 -58.8%
Gross operating margin 9900 €47,287 -€866 -€48,153
Operating profit (loss) 9901 €42,251 -€2,469 -€44,720
Financial income 75/76B €6,357 €6,367 +€10 +0.2%
Recurring financial income 75 €6,357 €6,367 +€10 +0.2%
Financial charges 65/66B €298 €298 +€0 0.0%
Recurring financial charges 65 €298 €298 +€0 0.0%
Profit (loss) for the period before taxes 9903 €48,310 €3,600 -€44,710 -92.5%
Income taxes 67/77 €4,884 €5 -€4,879 -99.9%
Profit (loss) for the period 9904 €43,426 €3,595 -€39,831 -91.7%
Profit (loss) for the period to be appropriated 9905 €43,426 €3,595 -€39,831 -91.7%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.