IMMOBOX: 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.
IMMOBOX
Largest movements
- Receivables after one year +€215,000
new in 2025: €215,000
- Tangible fixed assets +€40,109
up €40,109 (+9.3%), from €430,667 to €470,776
of which Furniture and vehicles: +€31,633
- Receivables within one year +€20,034
up €20,034 (+34.0%), from €59,011 to €79,045
of which Other amounts receivable: +€20,034
- Profit (loss) carried forward +€216,797
up €216,797, from -€197,151 to €19,646
- Debts after one year +€19,373
up €19,373 (+166.5%), from €11,635 to €31,008
of which Financial debts: +€19,373
- Trade debts +€15,932
up €15,932 (+43.2%), from €36,855 to €52,787
- Other debts +€14,175
up €14,175 (+27.2%), from €52,044 to €66,218
- Gross operating margin +€186,141
up €186,141 (+185.0%), from €100,596 to €286,738
- Financial income +€3,312
up €3,312 (+323.8%), from €1,023 to €4,334
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.
Cash bridge derived
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 | €494,616 | €766,549 | +€271,933 | +55.0% |
| Fixed assets | 21/28 | €431,277 | €471,386 | +€40,109 | +9.3% |
| Tangible fixed assets | 22/27 | €430,667 | €470,776 | +€40,109 | +9.3% |
| Land and buildings | 22 | €429,787 | €438,264 | +€8,477 | +2.0% |
| Furniture and vehicles | 24 | €880 | €32,513 | +€31,633 | +3594.0% |
| Financial fixed assets | 28 | €610 | €610 | = | 0.0% |
| Current assets | 29/58 | €63,339 | €295,162 | +€231,823 | +366.0% |
| Amounts receivable after more than one year | 29 | - | €215,000 | +€215,000 | |
| Other amounts receivable | 291 | - | €215,000 | +€215,000 | |
| Amounts receivable within one year | 40/41 | €59,011 | €79,045 | +€20,034 | +34.0% |
| Trade receivables | 40 | €4,198 | €4,198 | = | 0.0% |
| Other amounts receivable | 41 | €54,812 | €74,846 | +€20,034 | +36.6% |
| Cash at bank and in hand | 54/58 | €4,328 | €1,118 | -€3,211 | -74.2% |
| Total equity and liabilities | 10/49 | €494,616 | €766,549 | +€271,933 | +55.0% |
| Equity | 10/15 | €382,715 | €599,512 | +€216,797 | +56.6% |
| Contributions | 10/11 | €495,787 | €495,787 | = | 0.0% |
| Capital | 10 | €495,787 | €495,787 | = | 0.0% |
| Issued capital | 100 | €495,787 | €495,787 | = | 0.0% |
| Reserves | 13 | €84,079 | €84,079 | = | 0.0% |
| Non-distributable reserves | 130/1 | €49,579 | €49,579 | = | 0.0% |
| Legal reserve | 130 | €49,579 | €49,579 | = | 0.0% |
| Distributable reserves | 133 | €34,500 | €34,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€197,151 | €19,646 | +€216,797 | |
| Amounts payable | 17/49 | €111,901 | €167,037 | +€55,136 | +49.3% |
| Amounts payable after more than one year | 17 | €11,635 | €31,008 | +€19,373 | +166.5% |
| Financial debts | 170/4 | €7,782 | €27,155 | +€19,373 | +248.9% |
| Other amounts payable | 178/9 | €3,853 | €3,853 | = | 0.0% |
| Amounts payable within one year | 42/48 | €99,466 | €133,606 | +€34,140 | +34.3% |
| Current portion of amounts payable after more than one year | 42 | €10,219 | €14,492 | +€4,273 | +41.8% |
| Trade debts | 44 | €36,855 | €52,787 | +€15,932 | +43.2% |
| Suppliers | 440/4 | €36,855 | €52,787 | +€15,932 | +43.2% |
| Taxes, remuneration and social security | 45 | €349 | €109 | -€240 | -68.7% |
| Taxes | 450/3 | €349 | €109 | -€240 | -68.7% |
| Other amounts payable | 47/48 | €52,044 | €66,218 | +€14,175 | +27.2% |
| Accrued charges and deferred income | 492/3 | €800 | €2,422 | +€1,622 | +202.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,204 | €23,066 | +€862 | +3.9% |
| Other operating charges | 640/8 | €22,298 | €22,259 | -€39 | -0.2% |
| Gross operating margin | 9900 | €100,596 | €286,738 | +€186,141 | +185.0% |
| Operating profit (loss) | 9901 | €56,094 | €241,412 | +€185,319 | +330.4% |
| Financial income | 75/76B | €1,023 | €4,334 | +€3,312 | +323.8% |
| Recurring financial income | 75 | €1,023 | €4,334 | +€3,312 | +323.8% |
| Financial charges | 65/66B | €1,770 | €3,840 | +€2,070 | +117.0% |
| Recurring financial charges | 65 | €1,770 | €3,840 | +€2,070 | +117.0% |
| Profit (loss) for the period before taxes | 9903 | €55,347 | €241,906 | +€186,560 | +337.1% |
| Income taxes | 67/77 | - | €109 | +€109 | |
| Profit (loss) for the period | 9904 | €55,347 | €241,797 | +€186,450 | +336.9% |
| Profit (loss) for the period to be appropriated | 9905 | €55,347 | €241,797 | +€186,450 | +336.9% |
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 12 October 2026 via checked.be.