IMMOCARBU: 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.
IMMOCARBU
Largest movements
- Receivables within one year -€51,369
down €51,369 (-21.8%), from €236,179 to €184,810
of which Trade receivables: -€86,480
- Cash -€16,046
down €16,046 (-57.2%), from €28,059 to €12,013
mainly Other debts (-€149,559) and Trade debts (-€4,083)
- Other debts -€149,559
down €149,559 (-20.2%), from €740,346 to €590,787
- Reserves +€50,000
up €50,000 (+1000.0%), from €5,000 to €55,000
- Profit (loss) carried forward +€36,012
up €36,012, from -€33,111 to €2,901
- Gross operating margin +€66,833
up €66,833, from -€9,200 to €57,633
- Write-downs -€30,000
new in 2025: -€30,000
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 | €766,882 | €699,252 | -€67,630 | -8.8% |
| Fixed assets | 21/28 | €502,386 | €502,386 | = | 0.0% |
| Tangible fixed assets | 22/27 | €502,386 | €502,386 | = | 0.0% |
| Land and buildings | 22 | €502,386 | €502,386 | = | 0.0% |
| Current assets | 29/58 | €264,496 | €196,866 | -€67,630 | -25.6% |
| Amounts receivable within one year | 40/41 | €236,179 | €184,810 | -€51,369 | -21.8% |
| Trade receivables | 40 | €158,940 | €72,460 | -€86,480 | -54.4% |
| Other amounts receivable | 41 | €77,238 | €112,349 | +€35,111 | +45.5% |
| Cash at bank and in hand | 54/58 | €28,059 | €12,013 | -€16,046 | -57.2% |
| Deferred charges and accrued income | 490/1 | €258 | €43 | -€215 | -83.2% |
| Total equity and liabilities | 10/49 | €766,882 | €699,252 | -€67,630 | -8.8% |
| Equity | 10/15 | €21,889 | €107,901 | +€86,012 | +393.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €55,000 | +€50,000 | +1000.0% |
| Distributable reserves | 133 | €5,000 | €55,000 | +€50,000 | +1000.0% |
| Profit (loss) carried forward | 14 | -€33,111 | €2,901 | +€36,012 | |
| Amounts payable | 17/49 | €744,993 | €591,350 | -€153,643 | -20.6% |
| Amounts payable within one year | 42/48 | €744,993 | €591,350 | -€153,643 | -20.6% |
| Trade debts | 44 | €4,647 | €564 | -€4,083 | -87.9% |
| Suppliers | 440/4 | €4,647 | €564 | -€4,083 | -87.9% |
| Other amounts payable | 47/48 | €740,346 | €590,787 | -€149,559 | -20.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€30,000 | -€30,000 | |
| Other operating charges | 640/8 | €437 | €451 | +€14 | +3.2% |
| Gross operating margin | 9900 | -€9,200 | €57,633 | +€66,833 | |
| Operating profit (loss) | 9901 | -€9,637 | €87,182 | +€96,819 | |
| Financial charges | 65/66B | €1,034 | €1,170 | +€136 | +13.1% |
| Recurring financial charges | 65 | €1,034 | €1,170 | +€136 | +13.1% |
| Profit (loss) for the period before taxes | 9903 | -€10,671 | €86,012 | +€96,684 | |
| Profit (loss) for the period | 9904 | -€10,671 | €86,012 | +€96,684 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,671 | €86,012 | +€96,684 |
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 6 October 2026 via checked.be.