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IMMOBOCH: 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

IMMOBOCH

BE 0403.377.666
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€75,881
2024 · €79,854-€3,973
Equity
€778,962
2024 · €783,081-€4,119
Cash
€397,723
2024 · €371,210+€26,513
Balance sheet total
€881,282
2024 · €885,166-€3,883

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€32,561

    down €32,561 (-6.5%), from €502,580 to €470,019

    of which Land and buildings: -€32,561

  • Cash +€26,513

    up €26,513 (+7.1%), from €371,210 to €397,723

    mainly Net result for the year (+€75,881) and Depreciation (+€32,561)

Equity and liabilities

No liability line moved by more than 1% of the balance sheet total.

    Income statement
    • Gross operating margin -€5,532

      down €5,532 (-3.0%), from €186,953 to €181,421

    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 €79,854
    Gross operating margin -€5,532
    Depreciation +€1,089
    Other operating charges -€1,366
    Financial income +€31
    Financial charges +€417
    Taxes +€1,389
    Result 2025 €75,881

    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 +€106,513
    Investment €0
    Financing -€80,000
    Cash 2024 €371,210
    Net result for the year +€75,881
    Depreciation +€32,561
    Receivables within one year -€2,164
    Trade debts +€3,149
    Tax, wage and social debts -€1,393
    Other debts -€1,989
    Accrued charges and deferred income +€469
    Contributions, distributions and other -€80,000
    Cash 2025 €397,723
    Every line side by side 40 lines
    Line Code 2024 2025 Change %
    Total assets 20/58 €885,166 €881,282 -€3,883 -0.4%
    Fixed assets 21/28 €502,580 €470,019 -€32,561 -6.5%
    Tangible fixed assets 22/27 €502,580 €470,019 -€32,561 -6.5%
    Land and buildings 22 €502,580 €470,019 -€32,561 -6.5%
    Plant, machinery and equipment 23 €0 - =
    Current assets 29/58 €382,586 €411,263 +€28,677 +7.5%
    Amounts receivable within one year 40/41 €11,376 €13,541 +€2,164 +19.0%
    Other amounts receivable 41 €11,376 €13,541 +€2,164 +19.0%
    Cash at bank and in hand 54/58 €371,210 €397,723 +€26,513 +7.1%
    Total equity and liabilities 10/49 €885,166 €881,282 -€3,883 -0.4%
    Equity 10/15 €783,081 €778,962 -€4,119 -0.5%
    Contributions 10/11 €415,000 €415,000 = 0.0%
    Capital 10 €415,000 €415,000 = 0.0%
    Issued capital 100 €415,000 €415,000 = 0.0%
    Reserves 13 €60,000 €60,000 = 0.0%
    Non-distributable reserves 130/1 €41,500 €41,500 = 0.0%
    Legal reserve 130 €41,500 €41,500 = 0.0%
    Distributable reserves 133 €18,500 €18,500 = 0.0%
    Profit (loss) carried forward 14 €308,081 €303,962 -€4,119 -1.3%
    Amounts payable 17/49 €102,085 €102,320 +€236 +0.2%
    Amounts payable within one year 42/48 €86,421 €86,188 -€234 -0.3%
    Current portion of amounts payable after more than one year 42 €0 - =
    Trade debts 44 €1,217 €4,366 +€3,149 +258.8%
    Suppliers 440/4 €1,217 €4,366 +€3,149 +258.8%
    Taxes, remuneration and social security 45 €1,393 - -€1,393
    Taxes 450/3 €1,393 - -€1,393
    Other amounts payable 47/48 €83,811 €81,822 -€1,989 -2.4%
    Accrued charges and deferred income 492/3 €15,663 €16,133 +€469 +3.0%
    Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €33,650 €32,561 -€1,089 -3.2%
    Other operating charges 640/8 €43,569 €44,935 +€1,366 +3.1%
    Gross operating margin 9900 €186,953 €181,421 -€5,532 -3.0%
    Operating profit (loss) 9901 €109,735 €103,925 -€5,809 -5.3%
    Financial income 75/76B €1 €31 +€31 +4723.1%
    Recurring financial income 75 €1 €31 +€31 +4723.1%
    Financial charges 65/66B €1,257 €840 -€417 -33.2%
    Recurring financial charges 65 €1,257 €840 -€417 -33.2%
    Profit (loss) for the period before taxes 9903 €108,478 €103,116 -€5,362 -4.9%
    Income taxes 67/77 €28,624 €27,235 -€1,389 -4.9%
    Profit (loss) for the period 9904 €79,854 €75,881 -€3,973 -5.0%
    Profit (loss) for the period to be appropriated 9905 €79,854 €75,881 -€3,973 -5.0%

    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.