IMMOCAST: 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.
IMMOCAST
Largest movements
- Receivables within one year -€13,000
down €13,000 (-30.1%), from €43,210 to €30,210
- Tangible fixed assets -€2,495
down €2,495 (-5.5%), from €45,167 to €42,672
- Other debts -€13,000
down €13,000 (-19.5%), from €66,764 to €53,764
- Current portion of long-term debt -€2,198
down €2,198 (-66.1%), from €3,324 to €1,127
- Debts after one year -€1,127
no longer reported in 2025 (was €1,127)
- Gross operating margin +€440
up €440 (+12.5%), from €3,510 to €3,950
- Financial charges -€83
down €83 (-44.3%), from €187 to €104
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.
Derived cash bridge
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 | €90,190 | €74,739 | -€15,452 | -17.1% |
| Fixed assets | 21/28 | €46,407 | €43,912 | -€2,495 | -5.4% |
| Tangible fixed assets | 22/27 | €45,167 | €42,672 | -€2,495 | -5.5% |
| Land and buildings | 22 | €45,167 | €42,672 | -€2,495 | -5.5% |
| Financial fixed assets | 28 | €1,240 | €1,240 | = | 0.0% |
| Current assets | 29/58 | €43,783 | €30,826 | -€12,957 | -29.6% |
| Amounts receivable within one year | 40/41 | €43,210 | €30,210 | -€13,000 | -30.1% |
| Other amounts receivable | 41 | €43,210 | €30,210 | -€13,000 | -30.1% |
| Cash at bank and in hand | 54/58 | €573 | €616 | +€43 | +7.5% |
| Total equity and liabilities | 10/49 | €90,190 | €74,739 | -€15,452 | -17.1% |
| Equity | 10/15 | €18,975 | €19,751 | +€776 | +4.1% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,025 | -€10,249 | +€776 | +7.0% |
| Amounts payable | 17/49 | €71,216 | €54,988 | -€16,228 | -22.8% |
| Amounts payable after more than one year | 17 | €1,127 | - | -€1,127 | |
| Financial debts | 170/4 | €1,127 | - | -€1,127 | |
| Amounts payable within one year | 42/48 | €70,089 | €54,988 | -€15,101 | -21.5% |
| Current portion of amounts payable after more than one year | 42 | €3,324 | €1,127 | -€2,198 | -66.1% |
| Trade debts | 44 | - | €97 | +€97 | |
| Suppliers | 440/4 | - | €97 | +€97 | |
| Other amounts payable | 47/48 | €66,764 | €53,764 | -€13,000 | -19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,495 | €2,495 | = | 0.0% |
| Other operating charges | 640/8 | €557 | €575 | +€17 | +3.1% |
| Gross operating margin | 9900 | €3,510 | €3,950 | +€440 | +12.5% |
| Operating profit (loss) | 9901 | €457 | €880 | +€423 | +92.5% |
| Financial charges | 65/66B | €187 | €104 | -€83 | -44.3% |
| Recurring financial charges | 65 | €187 | €104 | -€83 | -44.3% |
| Profit (loss) for the period before taxes | 9903 | €270 | €776 | +€506 | +187% |
| Profit (loss) for the period | 9904 | €270 | €776 | +€506 | +187% |
| Profit (loss) for the period to be appropriated | 9905 | €270 | €776 | +€506 | +187% |
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 14 October 2026 via checked.be.