IMMOCOS: 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.
IMMOCOS
Largest movements
- Tangible fixed assets -€16,607
down €16,607 (-3.0%), from €547,383 to €530,776
- Cash +€6,494
up €6,494 (+35.4%), from €18,336 to €24,829
mainly Net result for the year (+€35,640) and Depreciation (+€16,607)
- Debts after one year -€48,246
down €48,246 (-17.7%), from €272,073 to €223,827
- Reserves +€35,640
up €35,640 (+88.1%), from €40,470 to €76,110
- Gross operating margin -€6,923
down €6,923 (-8.6%), from €80,757 to €73,834
- Taxes -€2,206
down €2,206 (-11.4%), from €19,307 to €17,100
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 | €595,719 | €585,606 | -€10,113 | -1.7% |
| Fixed assets | 21/28 | €547,383 | €530,776 | -€16,607 | -3.0% |
| Tangible fixed assets | 22/27 | €547,383 | €530,776 | -€16,607 | -3.0% |
| Land and buildings | 22 | €547,383 | €530,776 | -€16,607 | -3.0% |
| Current assets | 29/58 | €48,336 | €54,829 | +€6,494 | +13.4% |
| Amounts receivable within one year | 40/41 | €30,000 | €30,000 | = | 0.0% |
| Other amounts receivable | 41 | €30,000 | €30,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €18,336 | €24,829 | +€6,494 | +35.4% |
| Total equity and liabilities | 10/49 | €595,719 | €585,606 | -€10,113 | -1.7% |
| Equity | 10/15 | €170,515 | €206,155 | +€35,640 | +20.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €40,470 | €76,110 | +€35,640 | +88.1% |
| Distributable reserves | 133 | €40,470 | €76,110 | +€35,640 | +88.1% |
| Profit (loss) carried forward | 14 | €68,045 | €68,045 | +€0 | 0.0% |
| Amounts payable | 17/49 | €425,204 | €379,450 | -€45,753 | -10.8% |
| Amounts payable after more than one year | 17 | €272,073 | €223,827 | -€48,246 | -17.7% |
| Financial debts | 170/4 | €272,073 | €223,827 | -€48,246 | -17.7% |
| Amounts payable within one year | 42/48 | €153,131 | €155,623 | +€2,492 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €47,661 | €48,246 | +€585 | +1.2% |
| Trade debts | 44 | €85 | - | -€85 | |
| Suppliers | 440/4 | €85 | - | -€85 | |
| Taxes, remuneration and social security | 45 | €2,971 | €5,071 | +€2,100 | +70.7% |
| Taxes | 450/3 | €2,971 | €5,071 | +€2,100 | +70.7% |
| Other amounts payable | 47/48 | €102,415 | €102,307 | -€108 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,607 | €16,607 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €638 | +€251 | +64.8% |
| Gross operating margin | 9900 | €80,757 | €73,834 | -€6,923 | -8.6% |
| Operating profit (loss) | 9901 | €63,763 | €56,589 | -€7,174 | -11.3% |
| Financial charges | 65/66B | €4,117 | €3,849 | -€269 | -6.5% |
| Recurring financial charges | 65 | €4,117 | €3,849 | -€269 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €59,646 | €52,740 | -€6,905 | -11.6% |
| Income taxes | 67/77 | €19,307 | €17,100 | -€2,206 | -11.4% |
| Profit (loss) for the period | 9904 | €40,339 | €35,640 | -€4,699 | -11.6% |
| Profit (loss) for the period to be appropriated | 9905 | €40,339 | €35,640 | -€4,699 | -11.6% |
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.