IMMOBOIS.BE: what changed
IMMOBOIS.BE
Largest movements
- Stocks and contracts -€149,629
down €149,629 (-48.2%), from €310,614 to €160,985
of which Contracts in progress: -€143,456
- Tangible fixed assets +€91,100
up €91,100 (+12.3%), from €741,756 to €832,855
of which Land and buildings: +€77,802
- Receivables within one year +€62,710
up €62,710 (+871%), from €7,197 to €69,907
of which Trade receivables: +€63,232
- Cash +€32,240
up €32,240 (+39.8%), from €81,025 to €113,266
mainly Stocks and contracts (+€149,629) and Short-term financial debts (+€71,681)
- Short-term financial debts +€71,681
new in 2025: €71,681
- Reserves +€50,828
up €50,828 (+19.3%), from €262,868 to €313,696
of which Distributable reserves: +€50,828
- Current portion of long-term debt -€45,168
down €45,168 (-56.1%), from €80,568 to €35,400
- Debts after one year -€35,400
down €35,400 (-10.9%), from €324,719 to €289,319
- Other debts -€22,462
down €22,462 (-13.6%), from €164,811 to €142,348
- Turnover -€139,426
down €139,426 (-16.1%), from €863,975 to €724,550
- Purchases and services -€105,712
down €105,712 (-16.5%), from €639,513 to €533,800
- Gross operating margin -€33,713
down €33,713 (-15.0%), from €224,463 to €190,750
- Taxes -€13,316
down €13,316 (-39.9%), from €33,367 to €20,051
- Other operating charges +€12,169
up €12,169 (+121%), from €10,025 to €22,193
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,147,301 | €1,179,929 | +€32,629 | +2.8% |
| Fixed assets | 21/28 | €742,119 | €833,268 | +€91,150 | +12.3% |
| Tangible fixed assets | 22/27 | €741,756 | €832,855 | +€91,100 | +12.3% |
| Land and buildings | 22 | €720,133 | €797,935 | +€77,802 | +10.8% |
| Plant, machinery and equipment | 23 | €7,526 | €25,825 | +€18,298 | +243% |
| Furniture and vehicles | 24 | €14,096 | €9,096 | -€5,000 | -35.5% |
| Financial fixed assets | 28 | €363 | €413 | +€50 | +13.8% |
| Current assets | 29/58 | €405,182 | €346,661 | -€58,521 | -14.4% |
| Stocks and contracts in progress | 3 | €310,614 | €160,985 | -€149,629 | -48.2% |
| Stocks | 30/36 | €69,158 | €62,985 | -€6,173 | -8.9% |
| Contracts in progress | 37 | €241,456 | €98,000 | -€143,456 | -59.4% |
| Amounts receivable within one year | 40/41 | €7,197 | €69,907 | +€62,710 | +871% |
| Trade receivables | 40 | €3,507 | €66,739 | +€63,232 | +1,803% |
| Other amounts receivable | 41 | €3,690 | €3,168 | -€522 | -14.1% |
| Cash at bank and in hand | 54/58 | €81,025 | €113,266 | +€32,240 | +39.8% |
| Deferred charges and accrued income | 490/1 | €6,346 | €2,504 | -€3,842 | -60.5% |
| Total equity and liabilities | 10/49 | €1,147,301 | €1,179,929 | +€32,629 | +2.8% |
| Equity | 10/15 | €467,411 | €518,240 | +€50,828 | +10.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €262,868 | €313,696 | +€50,828 | +19.3% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €260,868 | €311,696 | +€50,828 | +19.5% |
| Profit (loss) carried forward | 14 | €184,544 | €184,544 | = | 0.0% |
| Amounts payable | 17/49 | €679,889 | €661,690 | -€18,200 | -2.7% |
| Amounts payable after more than one year | 17 | €324,719 | €289,319 | -€35,400 | -10.9% |
| Financial debts | 170/4 | €324,719 | €289,319 | -€35,400 | -10.9% |
| Amounts payable within one year | 42/48 | €350,670 | €372,370 | +€21,701 | +6.2% |
| Current portion of amounts payable after more than one year | 42 | €80,568 | €35,400 | -€45,168 | -56.1% |
| Financial debts | 43 | - | €71,681 | +€71,681 | |
| Credit institutions | 430/8 | - | €71,681 | +€71,681 | |
| Trade debts | 44 | €36,692 | €51,123 | +€14,430 | +39.3% |
| Suppliers | 440/4 | €36,692 | €51,123 | +€14,430 | +39.3% |
| Taxes, remuneration and social security | 45 | €68,599 | €71,818 | +€3,219 | +4.7% |
| Taxes | 450/3 | €67,111 | €67,421 | +€310 | +0.5% |
| Remuneration and social security | 454/9 | €1,487 | €4,397 | +€2,910 | +196% |
| Other amounts payable | 47/48 | €164,811 | €142,348 | -€22,462 | -13.6% |
| Accrued charges and deferred income | 492/3 | €4,500 | - | -€4,500 | |
| Turnover | 70 | €863,975 | €724,550 | -€139,426 | -16.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €639,513 | €533,800 | -€105,712 | -16.5% |
| Remuneration, social security and pensions | 62 | €50,586 | €56,790 | +€6,204 | +12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,818 | €28,610 | +€2,792 | +10.8% |
| Other operating charges | 640/8 | €10,025 | €22,193 | +€12,169 | +121% |
| Gross operating margin | 9900 | €224,463 | €190,750 | -€33,713 | -15.0% |
| Operating profit (loss) | 9901 | €138,034 | €83,157 | -€54,878 | -39.8% |
| Financial income | 75/76B | €747 | €517 | -€230 | -30.8% |
| Recurring financial income | 75 | €747 | €517 | -€230 | -30.8% |
| Financial charges | 65/66B | €19,971 | €12,794 | -€7,177 | -35.9% |
| Recurring financial charges | 65 | €19,971 | €12,794 | -€7,177 | -35.9% |
| Profit (loss) for the period before taxes | 9903 | €118,810 | €70,880 | -€47,931 | -40.3% |
| Income taxes | 67/77 | €33,367 | €20,051 | -€13,316 | -39.9% |
| Profit (loss) for the period | 9904 | €85,444 | €50,828 | -€34,615 | -40.5% |
| Profit (loss) for the period to be appropriated | 9905 | €85,444 | €50,828 | -€34,615 | -40.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.