IMMOBUS: 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.
IMMOBUS
Largest movements
- Tangible fixed assets -€16,733
down €16,733 (-5.1%), from €325,948 to €309,215
of which Land and buildings: -€8,586
- Deferred charges and accrued income -€12,866
down €12,866 (-87.7%), from €14,676 to €1,810
- Receivables within one year -€12,104
down €12,104 (-15.2%), from €79,619 to €67,516
of which Trade receivables: -€11,435
- Other debts -€63,239
down €63,239 (-20.6%), from €306,418 to €243,179
- Profit (loss) carried forward +€18,846
up €18,846 (+16.2%), from €116,363 to €135,209
- Tax, wage and social debts +€6,161
up €6,161 (+77.0%), from €8,001 to €14,162
- Gross operating margin +€23,464
up €23,464 (+66.8%), from €35,130 to €58,594
- Taxes +€7,316
up €7,316 (+409.8%), from €1,785 to €9,102
- Depreciation -€5,874
down €5,874 (-26.0%), from €22,608 to €16,733
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 | €453,643 | €414,365 | -€39,278 | -8.7% |
| Fixed assets | 21/28 | €358,998 | €342,265 | -€16,733 | -4.7% |
| Tangible fixed assets | 22/27 | €325,948 | €309,215 | -€16,733 | -5.1% |
| Land and buildings | 22 | €282,788 | €274,202 | -€8,586 | -3.0% |
| Plant, machinery and equipment | 23 | €23,806 | €23,044 | -€762 | -3.2% |
| Furniture and vehicles | 24 | €19,354 | €11,969 | -€7,386 | -38.2% |
| Financial fixed assets | 28 | €33,050 | €33,050 | = | 0.0% |
| Current assets | 29/58 | €94,645 | €72,100 | -€22,545 | -23.8% |
| Amounts receivable within one year | 40/41 | €79,619 | €67,516 | -€12,104 | -15.2% |
| Trade receivables | 40 | €18,950 | €7,516 | -€11,435 | -60.3% |
| Other amounts receivable | 41 | €60,669 | €60,000 | -€669 | -1.1% |
| Cash at bank and in hand | 54/58 | €349 | €2,774 | +€2,425 | +694.1% |
| Deferred charges and accrued income | 490/1 | €14,676 | €1,810 | -€12,866 | -87.7% |
| Total equity and liabilities | 10/49 | €453,643 | €414,365 | -€39,278 | -8.7% |
| Equity | 10/15 | €136,823 | €155,669 | +€18,846 | +13.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €116,363 | €135,209 | +€18,846 | +16.2% |
| Amounts payable | 17/49 | €316,820 | €258,696 | -€58,124 | -18.3% |
| Amounts payable within one year | 42/48 | €316,820 | €257,412 | -€59,408 | -18.8% |
| Current portion of amounts payable after more than one year | 42 | €2,400 | - | -€2,400 | |
| Trade debts | 44 | - | €70 | +€70 | |
| Suppliers | 440/4 | - | €70 | +€70 | |
| Taxes, remuneration and social security | 45 | €8,001 | €14,162 | +€6,161 | +77.0% |
| Taxes | 450/3 | €8,001 | €14,162 | +€6,161 | +77.0% |
| Other amounts payable | 47/48 | €306,418 | €243,179 | -€63,239 | -20.6% |
| Accrued charges and deferred income | 492/3 | - | €1,284 | +€1,284 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,608 | €16,733 | -€5,874 | -26.0% |
| Other operating charges | 640/8 | €2,596 | €2,799 | +€203 | +7.8% |
| Gross operating margin | 9900 | €35,130 | €58,594 | +€23,464 | +66.8% |
| Operating profit (loss) | 9901 | €9,926 | €39,061 | +€29,135 | +293.5% |
| Financial income | 75/76B | €500 | €541 | +€41 | +8.2% |
| Recurring financial income | 75 | €500 | €541 | +€41 | +8.2% |
| Financial charges | 65/66B | €1,578 | €1,654 | +€76 | +4.8% |
| Recurring financial charges | 65 | €1,578 | €1,654 | +€76 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | €8,848 | €37,948 | +€29,100 | +328.9% |
| Income taxes | 67/77 | €1,785 | €9,102 | +€7,316 | +409.8% |
| Profit (loss) for the period | 9904 | €7,063 | €28,846 | +€21,783 | +308.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,063 | €28,846 | +€21,783 | +308.4% |
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 3 October 2026 via checked.be.