IMMOBURTIN: 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.
IMMOBURTIN
Largest movements
- Tangible fixed assets -€30,919
down €30,919 (-7.0%), from €440,112 to €409,193
- Cash +€13,600
up €13,600 (+260.5%), from €5,222 to €18,821
mainly Depreciation (+€30,919) and Net result for the year (+€1,186)
- Receivables within one year +€8,541
new in 2025: €8,541
- Current portion of long-term debt -€7,543
down €7,543 (-100.0%), from €7,543 to €0
- Revaluation surpluses -€7,500
down €7,500 (-4.1%), from €182,500 to €175,000
- Reserves +€7,500
up €7,500 (+11.1%), from €67,500 to €75,000
- Other operating charges -€1,896
down €1,896 (-30.3%), from €6,253 to €4,358
- Gross operating margin -€1,112
down €1,112 (-2.6%), from €43,032 to €41,920
- Financial charges -€1,093
down €1,093 (-16.6%), from €6,569 to €5,477
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 | €445,333 | €436,555 | -€8,778 | -2.0% |
| Fixed assets | 21/28 | €440,112 | €409,193 | -€30,919 | -7.0% |
| Tangible fixed assets | 22/27 | €440,112 | €409,193 | -€30,919 | -7.0% |
| Land and buildings | 22 | €440,112 | €409,193 | -€30,919 | -7.0% |
| Current assets | 29/58 | €5,222 | €27,362 | +€22,141 | +424.0% |
| Amounts receivable within one year | 40/41 | - | €8,541 | +€8,541 | |
| Other amounts receivable | 41 | - | €8,541 | +€8,541 | |
| Cash at bank and in hand | 54/58 | €5,222 | €18,821 | +€13,600 | +260.5% |
| Total equity and liabilities | 10/49 | €445,333 | €436,555 | -€8,778 | -2.0% |
| Equity | 10/15 | €86,504 | €87,690 | +€1,186 | +1.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | €182,500 | €175,000 | -€7,500 | -4.1% |
| Reserves | 13 | €67,500 | €75,000 | +€7,500 | +11.1% |
| Distributable reserves | 133 | €67,500 | €75,000 | +€7,500 | +11.1% |
| Profit (loss) carried forward | 14 | -€182,088 | -€180,902 | +€1,186 | +0.7% |
| Amounts payable | 17/49 | €358,829 | €348,865 | -€9,964 | -2.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €354,004 | €345,385 | -€8,619 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €7,543 | €0 | -€7,543 | -100.0% |
| Trade debts | 44 | €82 | €91 | +€9 | +10.6% |
| Suppliers | 440/4 | €82 | €91 | +€9 | +10.6% |
| Other amounts payable | 47/48 | €346,380 | €345,294 | -€1,085 | -0.3% |
| Accrued charges and deferred income | 492/3 | €4,825 | €3,480 | -€1,345 | -27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,919 | €30,919 | = | 0.0% |
| Other operating charges | 640/8 | €6,253 | €4,358 | -€1,896 | -30.3% |
| Gross operating margin | 9900 | €43,032 | €41,920 | -€1,112 | -2.6% |
| Operating profit (loss) | 9901 | €5,859 | €6,643 | +€784 | +13.4% |
| Financial income | 75/76B | - | €20 | +€20 | |
| Recurring financial income | 75 | - | €20 | +€20 | |
| Financial charges | 65/66B | €6,569 | €5,477 | -€1,093 | -16.6% |
| Recurring financial charges | 65 | €6,569 | €5,477 | -€1,093 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | -€710 | €1,186 | +€1,896 | |
| Profit (loss) for the period | 9904 | -€710 | €1,186 | +€1,896 | |
| Profit (loss) for the period to be appropriated | 9905 | -€710 | €1,186 | +€1,896 |
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.