IMMOCHARL: 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.
IMMOCHARL
Largest movements
- Cash +€51,573
up €51,573 (+976%), from €5,286 to €56,859
mainly Net result for the year (+€111,535) and Depreciation (+€19,878)
- Tangible fixed assets -€19,878
down €19,878 (-1.5%), from €1.3m to €1.3m
of which Land and buildings: -€17,683
- Reserves +€111,535
up €111,535 (+21.7%), from €513,057 to €624,592
of which Distributable reserves: +€111,535
- Debts after one year -€83,602
down €83,602 (-16.8%), from €497,303 to €413,701
- Other debts -€19,978
down €19,978 (-11.0%), from €181,520 to €161,542
- Trade debts +€19,550
new in 2025: €19,550
- Financial charges -€5,773
down €5,773 (-25.0%), from €23,076 to €17,303
- Turnover +€4,969
up €4,969 (+2.4%), from €207,160 to €212,129
- Purchases and services +€3,466
up €3,466 (+123%), from €2,809 to €6,274
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 | €1,316,374 | €1,345,799 | +€29,425 | +2.2% |
| Fixed assets | 21/28 | €1,307,928 | €1,288,050 | -€19,878 | -1.5% |
| Tangible fixed assets | 22/27 | €1,307,928 | €1,288,050 | -€19,878 | -1.5% |
| Land and buildings | 22 | €1,294,967 | €1,277,284 | -€17,683 | -1.4% |
| Plant, machinery and equipment | 23 | €12,961 | €10,766 | -€2,195 | -16.9% |
| Current assets | 29/58 | €8,446 | €57,749 | +€49,303 | +584% |
| Amounts receivable within one year | 40/41 | €3,160 | €890 | -€2,270 | -71.8% |
| Trade receivables | 40 | €160 | €890 | +€730 | +456% |
| Other amounts receivable | 41 | €3,000 | - | -€3,000 | |
| Cash at bank and in hand | 54/58 | €5,286 | €56,859 | +€51,573 | +976% |
| Total equity and liabilities | 10/49 | €1,316,374 | €1,345,799 | +€29,425 | +2.2% |
| Equity | 10/15 | €531,607 | €643,142 | +€111,535 | +21.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €513,057 | €624,592 | +€111,535 | +21.7% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €511,202 | €622,737 | +€111,535 | +21.8% |
| Amounts payable | 17/49 | €784,767 | €702,657 | -€82,110 | -10.5% |
| Amounts payable after more than one year | 17 | €497,303 | €413,701 | -€83,602 | -16.8% |
| Financial debts | 170/4 | €497,303 | €413,701 | -€83,602 | -16.8% |
| Amounts payable within one year | 42/48 | €286,460 | €288,956 | +€2,497 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | €88,650 | €83,602 | -€5,048 | -5.7% |
| Trade debts | 44 | - | €19,550 | +€19,550 | |
| Suppliers | 440/4 | - | €19,550 | +€19,550 | |
| Taxes, remuneration and social security | 45 | €16,290 | €24,262 | +€7,972 | +48.9% |
| Taxes | 450/3 | €16,290 | €24,262 | +€7,972 | +48.9% |
| Other amounts payable | 47/48 | €181,520 | €161,542 | -€19,978 | -11.0% |
| Accrued charges and deferred income | 492/3 | €1,005 | - | -€1,005 | |
| Turnover | 70 | €207,160 | €212,129 | +€4,969 | +2.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,809 | €6,274 | +€3,466 | +123% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,878 | €19,878 | = | 0.0% |
| Other operating charges | 640/8 | €18,750 | €19,635 | +€885 | +4.7% |
| Gross operating margin | 9900 | €204,352 | €205,855 | +€1,503 | +0.7% |
| Operating profit (loss) | 9901 | €165,724 | €166,341 | +€618 | +0.4% |
| Financial charges | 65/66B | €23,076 | €17,303 | -€5,773 | -25.0% |
| Recurring financial charges | 65 | €23,076 | €17,303 | -€5,773 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | €142,648 | €149,039 | +€6,391 | +4.5% |
| Income taxes | 67/77 | €36,290 | €37,503 | +€1,213 | +3.3% |
| Profit (loss) for the period | 9904 | €106,358 | €111,535 | +€5,177 | +4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €106,358 | €111,535 | +€5,177 | +4.9% |
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 16 October 2026 via checked.be.