Immocoast: 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.
Immocoast
Largest movements
- Cash +€780,380
up €780,380 (+6856.5%), from €11,382 to €791,762
mainly Net result for the year (+€453,686) and Investment in fixed assets (net) (+€165,767)
- Tangible fixed assets -€166,665
down €166,665 (-95.8%), from €174,024 to €7,359
of which Land and buildings: -€112,382
- Receivables within one year +€9,032
new in 2025: €9,032
- Reserves +€480,934
up €480,934 (+15605.2%), from €3,082 to €484,016
of which Tax-exempt reserves: +€480,934
- Provisions +€160,311
new in 2025: €160,311
- Profit (loss) carried forward -€27,248
down €27,248 (-1131.6%), from -€2,408 to -€29,656
- Gross operating margin +€616,404
up €616,404, from -€859 to €615,545
- Depreciation -€10,428
down €10,428 (-92.1%), from €11,325 to €897
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 | €186,211 | €808,153 | +€621,942 | +334.0% |
| Fixed assets | 21/28 | €174,024 | €7,359 | -€166,665 | -95.8% |
| Tangible fixed assets | 22/27 | €174,024 | €7,359 | -€166,665 | -95.8% |
| Land and buildings | 22 | €112,382 | - | -€112,382 | |
| Plant, machinery and equipment | 23 | €61,642 | €7,359 | -€54,283 | -88.1% |
| Current assets | 29/58 | €12,187 | €800,794 | +€788,607 | +6471.0% |
| Amounts receivable within one year | 40/41 | - | €9,032 | +€9,032 | |
| Other amounts receivable | 41 | - | €9,032 | +€9,032 | |
| Cash at bank and in hand | 54/58 | €11,382 | €791,762 | +€780,380 | +6856.5% |
| Deferred charges and accrued income | 490/1 | €805 | - | -€805 | |
| Total equity and liabilities | 10/49 | €186,211 | €808,153 | +€621,942 | +334.0% |
| Equity | 10/15 | €180,397 | €634,083 | +€453,686 | +251.5% |
| Contributions | 10/11 | €179,723 | €179,723 | = | 0.0% |
| Capital | 10 | - | €179,723 | +€179,723 | |
| Issued capital | 100 | - | €179,723 | +€179,723 | |
| Reserves | 13 | €3,082 | €484,016 | +€480,934 | +15605.2% |
| Non-distributable reserves | 130/1 | €3,082 | €3,082 | = | 0.0% |
| Legal reserve | 130 | - | €3,082 | +€3,082 | |
| Reserves not available under the articles | 1311 | €3,082 | - | -€3,082 | |
| Tax-exempt reserves | 132 | - | €480,934 | +€480,934 | |
| Profit (loss) carried forward | 14 | -€2,408 | -€29,656 | -€27,248 | -1131.6% |
| Provisions and deferred taxes | 16 | - | €160,311 | +€160,311 | |
| Deferred taxes | 168 | - | €160,311 | +€160,311 | |
| Amounts payable | 17/49 | €5,814 | €13,759 | +€7,945 | +136.6% |
| Amounts payable after more than one year | 17 | €1,750 | €1,750 | = | 0.0% |
| Other amounts payable | 178/9 | €1,750 | €1,750 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,064 | €12,009 | +€7,945 | +195.5% |
| Trade debts | 44 | €2,808 | €10,265 | +€7,457 | +265.6% |
| Suppliers | 440/4 | €2,808 | €10,265 | +€7,457 | +265.6% |
| Other amounts payable | 47/48 | €1,256 | €1,744 | +€488 | +38.8% |
| Non-recurring operating income | 76A | - | €641,245 | +€641,245 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,325 | €897 | -€10,428 | -92.1% |
| Other operating charges | 640/8 | €2,971 | €500 | -€2,471 | -83.2% |
| Gross operating margin | 9900 | -€859 | €615,545 | +€616,404 | |
| Operating profit (loss) | 9901 | -€15,155 | €614,147 | +€629,303 | |
| Financial charges | 65/66B | €135 | €150 | +€15 | +11.1% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | -€15,290 | €613,997 | +€629,288 | |
| Transfer to deferred taxes | 680 | - | €160,311 | +€160,311 | |
| Profit (loss) for the period | 9904 | -€15,290 | €453,686 | +€468,976 | |
| Transfer to tax-exempt reserves | 689 | - | €480,934 | +€480,934 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,290 | -€27,248 | -€11,957 | -78.2% |
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 7 October 2026 via checked.be.