IMMOCAM: 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.
IMMOCAM
Largest movements
- Cash +€5,762
up €5,762 (+20.3%), from €28,452 to €34,214
mainly Depreciation (+€15,057) and Trade debts (+€3,245)
- Trade debts +€3,245
up €3,245 (+802.1%), from €405 to €3,650
- Depreciation -€13,862
down €13,862 (-47.9%), from €28,919 to €15,057
- Other operating charges -€8,467
down €8,467 (-45.1%), from €18,790 to €10,322
- Gross operating margin -€4,708
down €4,708 (-16.9%), from €27,788 to €23,080
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 | €274,598 | €278,614 | +€4,016 | +1.5% |
| Fixed assets | 21/28 | €236,114 | €238,866 | +€2,751 | +1.2% |
| Tangible fixed assets | 22/27 | €236,114 | €238,866 | +€2,751 | +1.2% |
| Land and buildings | 22 | €220,011 | €210,858 | -€9,153 | -4.2% |
| Plant, machinery and equipment | 23 | - | €702 | +€702 | |
| Furniture and vehicles | 24 | €1,098 | €576 | -€522 | -47.6% |
| Other tangible fixed assets | 26 | €15,005 | €26,730 | +€11,725 | +78.1% |
| Current assets | 29/58 | €38,483 | €39,748 | +€1,265 | +3.3% |
| Amounts receivable within one year | 40/41 | €3,483 | €1,353 | -€2,131 | -61.2% |
| Trade receivables | 40 | €3,419 | €1,353 | -€2,067 | -60.4% |
| Other amounts receivable | 41 | €64 | €0 | -€64 | -100.0% |
| Cash at bank and in hand | 54/58 | €28,452 | €34,214 | +€5,762 | +20.3% |
| Deferred charges and accrued income | 490/1 | €6,548 | €4,182 | -€2,366 | -36.1% |
| Total equity and liabilities | 10/49 | €274,598 | €278,614 | +€4,016 | +1.5% |
| Equity | 10/15 | €272,641 | €270,127 | -€2,514 | -0.9% |
| Contributions | 10/11 | €251,975 | €251,975 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €20,666 | €18,152 | -€2,514 | -12.2% |
| Amounts payable | 17/49 | €1,956 | €8,487 | +€6,530 | +333.8% |
| Amounts payable within one year | 42/48 | €658 | €6,395 | +€5,737 | +871.7% |
| Trade debts | 44 | €405 | €3,650 | +€3,245 | +802.1% |
| Suppliers | 440/4 | €405 | €3,650 | +€3,245 | +802.1% |
| Other amounts payable | 47/48 | €254 | €2,745 | +€2,492 | +982.7% |
| Accrued charges and deferred income | 492/3 | €1,298 | €2,092 | +€793 | +61.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,919 | €15,057 | -€13,862 | -47.9% |
| Other operating charges | 640/8 | €18,790 | €10,322 | -€8,467 | -45.1% |
| Gross operating margin | 9900 | €27,788 | €23,080 | -€4,708 | -16.9% |
| Operating profit (loss) | 9901 | -€19,920 | -€2,299 | +€17,621 | +88.5% |
| Financial income | 75/76B | €16 | - | -€16 | |
| Recurring financial income | 75 | €16 | - | -€16 | |
| Financial charges | 65/66B | €95 | €216 | +€121 | +127.2% |
| Recurring financial charges | 65 | €95 | €216 | +€121 | +127.2% |
| Profit (loss) for the period before taxes | 9903 | -€19,999 | -€2,514 | +€17,484 | +87.4% |
| Profit (loss) for the period | 9904 | -€19,999 | -€2,514 | +€17,484 | +87.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,999 | -€2,514 | +€17,484 | +87.4% |
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 8 October 2026 via checked.be.