IMMOCHAU: 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.
IMMOCHAU
Largest movements
- Financial fixed assets -€47,924
down €47,924 (-53.0%), from €90,421 to €42,497
- Receivables within one year -€5,782
down €5,782 (-97.6%), from €5,923 to €141
- Other debts -€24,225
down €24,225 (-9.7%), from €250,346 to €226,121
- Profit (loss) carried forward -€22,723
down €22,723, from €7,449 to -€15,273
- Debts after one year -€8,999
down €8,999 (-26.4%), from €34,116 to €25,117
- Accrued charges and deferred income -€4,985
no longer reported in 2025 (was €4,985)
- Financial charges +€40,101
up €40,101 (+1935.8%), from €2,072 to €42,173
of which Non-recurring financial charges: +€40,424
- Gross operating margin +€6,851
up €6,851 (+18.6%), from €36,750 to €43,601
- Other operating charges -€4,752
down €4,752 (-75.3%), from €6,314 to €1,562
- Taxes +€3,127
up €3,127 (+123.4%), from €2,534 to €5,661
- Financial income +€836
up €836 (+82813.9%), from €1 to €837
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 | €375,590 | €321,318 | -€54,273 | -14.4% |
| Fixed assets | 21/28 | €310,039 | €260,247 | -€49,792 | -16.1% |
| Tangible fixed assets | 22/27 | €219,618 | €217,751 | -€1,868 | -0.9% |
| Land and buildings | 22 | €219,618 | €217,751 | -€1,868 | -0.9% |
| Financial fixed assets | 28 | €90,421 | €42,497 | -€47,924 | -53.0% |
| Current assets | 29/58 | €65,551 | €61,071 | -€4,480 | -6.8% |
| Amounts receivable within one year | 40/41 | €5,923 | €141 | -€5,782 | -97.6% |
| Other amounts receivable | 41 | €5,923 | €141 | -€5,782 | -97.6% |
| Cash at bank and in hand | 54/58 | €57,957 | €56,723 | -€1,234 | -2.1% |
| Deferred charges and accrued income | 490/1 | €1,670 | €4,206 | +€2,536 | +151.8% |
| Total equity and liabilities | 10/49 | €375,590 | €321,318 | -€54,273 | -14.4% |
| Equity | 10/15 | €75,649 | €52,927 | -€22,723 | -30.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,449 | -€15,273 | -€22,723 | |
| Amounts payable | 17/49 | €299,941 | €268,391 | -€31,550 | -10.5% |
| Amounts payable after more than one year | 17 | €34,116 | €25,117 | -€8,999 | -26.4% |
| Financial debts | 170/4 | €34,116 | €25,117 | -€8,999 | -26.4% |
| Amounts payable within one year | 42/48 | €260,840 | €243,275 | -€17,566 | -6.7% |
| Current portion of amounts payable after more than one year | 42 | €8,657 | €8,999 | +€342 | +4.0% |
| Trade debts | 44 | €1,804 | €5,495 | +€3,691 | +204.6% |
| Suppliers | 440/4 | €1,804 | €5,495 | +€3,691 | +204.6% |
| Taxes, remuneration and social security | 45 | €34 | €2,660 | +€2,626 | +7825.2% |
| Taxes | 450/3 | €34 | €2,660 | +€2,626 | +7825.2% |
| Other amounts payable | 47/48 | €250,346 | €226,121 | -€24,225 | -9.7% |
| Accrued charges and deferred income | 492/3 | €4,985 | - | -€4,985 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,382 | €17,765 | -€618 | -3.4% |
| Other operating charges | 640/8 | €6,314 | €1,562 | -€4,752 | -75.3% |
| Gross operating margin | 9900 | €36,750 | €43,601 | +€6,851 | +18.6% |
| Operating profit (loss) | 9901 | €12,053 | €24,274 | +€12,221 | +101.4% |
| Financial income | 75/76B | €1 | €837 | +€836 | +82813.9% |
| Recurring financial income | 75 | €1 | €837 | +€836 | +82813.9% |
| Financial charges | 65/66B | €2,072 | €42,173 | +€40,101 | +1935.8% |
| Recurring financial charges | 65 | €2,072 | €1,749 | -€323 | -15.6% |
| Non-recurring financial charges | 66B | - | €40,424 | +€40,424 | |
| Profit (loss) for the period before taxes | 9903 | €9,983 | -€17,062 | -€27,044 | |
| Income taxes | 67/77 | €2,534 | €5,661 | +€3,127 | +123.4% |
| Profit (loss) for the period | 9904 | €7,449 | -€22,723 | -€30,172 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,449 | -€22,723 | -€30,172 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.