IMMOCHOU: 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.
IMMOCHOU
Largest movements
- Tangible fixed assets -€92,797
down €92,797 (-6.1%), from €1.5m to €1.4m
of which Land and buildings: -€92,079
- Cash -€30,860
down €30,860 (-76.4%), from €40,407 to €9,547
mainly Debts after one year (-€113,891) and Net result for the year (-€25,962)
- Debts after one year -€113,891
down €113,891 (-7.9%), from €1.4m to €1.3m
- Profit (loss) carried forward -€25,962
down €25,962 (-3.8%), from -€688,422 to -€714,385
- Other debts +€21,500
up €21,500 (+29.6%), from €72,719 to €94,219
- Gross operating margin -€29,431
down €29,431 (-16.9%), from €174,596 to €145,165
- Financial charges -€5,860
down €5,860 (-14.8%), from €39,479 to €33,619
- Depreciation -€4,297
down €4,297 (-3.6%), from €119,854 to €115,556
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 | €1,552,491 | €1,437,601 | -€114,889 | -7.4% |
| Fixed assets | 21/28 | €1,509,737 | €1,416,940 | -€92,797 | -6.1% |
| Tangible fixed assets | 22/27 | €1,509,737 | €1,416,940 | -€92,797 | -6.1% |
| Land and buildings | 22 | €1,507,941 | €1,415,863 | -€92,079 | -6.1% |
| Furniture and vehicles | 24 | €1,796 | €1,077 | -€719 | -40.0% |
| Current assets | 29/58 | €42,753 | €20,661 | -€22,092 | -51.7% |
| Amounts receivable within one year | 40/41 | €1,000 | €6,949 | +€5,949 | +594.9% |
| Trade receivables | 40 | €0 | €6,949 | +€6,949 | |
| Other amounts receivable | 41 | €1,000 | €0 | -€1,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €40,407 | €9,547 | -€30,860 | -76.4% |
| Deferred charges and accrued income | 490/1 | €1,346 | €4,165 | +€2,819 | +209.4% |
| Total equity and liabilities | 10/49 | €1,552,491 | €1,437,601 | -€114,889 | -7.4% |
| Equity | 10/15 | -€98,422 | -€124,385 | -€25,962 | -26.4% |
| Contributions | 10/11 | €590,000 | €590,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€688,422 | -€714,385 | -€25,962 | -3.8% |
| Amounts payable | 17/49 | €1,650,913 | €1,561,986 | -€88,927 | -5.4% |
| Amounts payable after more than one year | 17 | €1,438,549 | €1,324,658 | -€113,891 | -7.9% |
| Financial debts | 170/4 | €1,438,549 | €1,324,658 | -€113,891 | -7.9% |
| Amounts payable within one year | 42/48 | €197,705 | €225,108 | +€27,403 | +13.9% |
| Current portion of amounts payable after more than one year | 42 | €116,373 | €118,797 | +€2,424 | +2.1% |
| Trade debts | 44 | €8,613 | €12,092 | +€3,479 | +40.4% |
| Suppliers | 440/4 | €8,613 | €12,092 | +€3,479 | +40.4% |
| Other amounts payable | 47/48 | €72,719 | €94,219 | +€21,500 | +29.6% |
| Accrued charges and deferred income | 492/3 | €14,659 | €12,220 | -€2,439 | -16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €119,854 | €115,556 | -€4,297 | -3.6% |
| Other operating charges | 640/8 | €21,203 | €21,953 | +€749 | +3.5% |
| Gross operating margin | 9900 | €174,596 | €145,165 | -€29,431 | -16.9% |
| Operating profit (loss) | 9901 | €33,539 | €7,656 | -€25,883 | -77.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €39,479 | €33,619 | -€5,860 | -14.8% |
| Recurring financial charges | 65 | €39,479 | €33,619 | -€5,860 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,940 | -€25,962 | -€20,022 | -337.1% |
| Profit (loss) for the period | 9904 | -€5,940 | -€25,962 | -€20,022 | -337.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,940 | -€25,962 | -€20,022 | -337.1% |
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 10 October 2026 via checked.be.