ImmoDam: 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.
ImmoDam
Largest movements
- Tangible fixed assets -€251,801
down €251,801 (-99.4%), from €253,292 to €1,491
of which Land and buildings: -€253,292
- Receivables within one year -€6,607
down €6,607 (-92.5%), from €7,144 to €538
of which Other amounts receivable: -€4,523
- Cash +€3,840
new in 2025: €3,840
mainly Investment in fixed assets (net) (+€251,472) and Net result for the year (+€46,043)
- Short-term financial debts -€152,373
no longer reported in 2025 (was €152,373)
- Debts after one year -€110,530
no longer reported in 2025 (was €110,530)
- Profit (loss) carried forward +€46,043
up €46,043 (+79.9%), from -€57,656 to -€11,613
- Other debts -€29,516
down €29,516 (-88.0%), from €33,546 to €4,031
- Current portion of long-term debt -€6,672
no longer reported in 2025 (was €6,672)
- Gross operating margin +€51,097
up €51,097 (+269.5%), from €18,961 to €70,057
- Other operating charges +€14,227
up €14,227 (+2919.3%), from €487 to €14,714
- Financial charges -€11,814
down €11,814 (-59.2%), from €19,962 to €8,148
- Depreciation -€6,160
down €6,160 (-94.9%), from €6,489 to €329
- Taxes +€823
new in 2025: €823
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 | €260,436 | €5,869 | -€254,567 | -97.7% |
| Fixed assets | 21/28 | €253,292 | €1,491 | -€251,801 | -99.4% |
| Tangible fixed assets | 22/27 | €253,292 | €1,491 | -€251,801 | -99.4% |
| Land and buildings | 22 | €253,292 | - | -€253,292 | |
| Furniture and vehicles | 24 | - | €1,491 | +€1,491 | |
| Current assets | 29/58 | €7,144 | €4,378 | -€2,766 | -38.7% |
| Amounts receivable within one year | 40/41 | €7,144 | €538 | -€6,607 | -92.5% |
| Trade receivables | 40 | €2,084 | - | -€2,084 | |
| Other amounts receivable | 41 | €5,060 | €538 | -€4,523 | -89.4% |
| Cash at bank and in hand | 54/58 | - | €3,840 | +€3,840 | |
| Total equity and liabilities | 10/49 | €260,436 | €5,869 | -€254,567 | -97.7% |
| Equity | 10/15 | -€45,156 | €887 | +€46,043 | |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,656 | -€11,613 | +€46,043 | +79.9% |
| Amounts payable | 17/49 | €305,592 | €4,982 | -€300,610 | -98.4% |
| Amounts payable after more than one year | 17 | €110,530 | - | -€110,530 | |
| Financial debts | 170/4 | €110,530 | - | -€110,530 | |
| Amounts payable within one year | 42/48 | €195,062 | €4,982 | -€190,080 | -97.4% |
| Current portion of amounts payable after more than one year | 42 | €6,672 | - | -€6,672 | |
| Financial debts | 43 | €152,373 | - | -€152,373 | |
| Credit institutions | 430/8 | €152,373 | - | -€152,373 | |
| Trade debts | 44 | €1,802 | €128 | -€1,673 | -92.9% |
| Suppliers | 440/4 | €1,802 | €128 | -€1,673 | -92.9% |
| Taxes, remuneration and social security | 45 | €669 | €823 | +€154 | +23.0% |
| Taxes | 450/3 | €669 | €823 | +€154 | +23.0% |
| Other amounts payable | 47/48 | €33,546 | €4,031 | -€29,516 | -88.0% |
| Non-recurring operating income | 76A | - | €80,708 | +€80,708 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,489 | €329 | -€6,160 | -94.9% |
| Other operating charges | 640/8 | €487 | €14,714 | +€14,227 | +2919.3% |
| Gross operating margin | 9900 | €18,961 | €70,057 | +€51,097 | +269.5% |
| Operating profit (loss) | 9901 | €11,985 | €55,014 | +€43,029 | +359.0% |
| Financial charges | 65/66B | €19,962 | €8,148 | -€11,814 | -59.2% |
| Recurring financial charges | 65 | €19,962 | €8,148 | -€11,814 | -59.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,977 | €46,866 | +€54,843 | |
| Income taxes | 67/77 | - | €823 | +€823 | |
| Profit (loss) for the period | 9904 | -€7,977 | €46,043 | +€54,020 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,977 | €46,043 | +€54,020 |
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 28 September 2026 via checked.be.