IMMODEHO: 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.
IMMODEHO
Largest movements
- Current investments +€17,541
up €17,541 (+140.1%), from €12,522 to €30,063
- Tangible fixed assets -€10,780
down €10,780 (-4.2%), from €257,132 to €246,352
- Cash +€3,474
up €3,474 (+797.9%), from €435 to €3,910
mainly Depreciation (+€10,780) and Net result for the year (+€7,535)
- Profit (loss) carried forward +€7,535
up €7,535 (+5.7%), from €133,053 to €140,588
- Gross operating margin -€466
down €466 (-1.9%), from €23,996 to €23,530
- Financial charges -€434
down €434 (-85.3%), from €509 to €75
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 | €270,089 | €280,324 | +€10,235 | +3.8% |
| Fixed assets | 21/28 | €257,132 | €246,352 | -€10,780 | -4.2% |
| Tangible fixed assets | 22/27 | €257,132 | €246,352 | -€10,780 | -4.2% |
| Land and buildings | 22 | €257,132 | €246,352 | -€10,780 | -4.2% |
| Current assets | 29/58 | €12,957 | €33,972 | +€21,015 | +162.2% |
| Current investments | 50/53 | €12,522 | €30,063 | +€17,541 | +140.1% |
| Cash at bank and in hand | 54/58 | €435 | €3,910 | +€3,474 | +797.9% |
| Total equity and liabilities | 10/49 | €270,089 | €280,324 | +€10,235 | +3.8% |
| Equity | 10/15 | €242,389 | €249,924 | +€7,535 | +3.1% |
| Reserves | 13 | €109,336 | €109,336 | = | 0.0% |
| Distributable reserves | 133 | €109,336 | €109,336 | = | 0.0% |
| Profit (loss) carried forward | 14 | €133,053 | €140,588 | +€7,535 | +5.7% |
| Amounts payable | 17/49 | €27,700 | €30,400 | +€2,700 | +9.7% |
| Amounts payable within one year | 42/48 | €27,700 | €30,400 | +€2,700 | +9.7% |
| Taxes, remuneration and social security | 45 | €2,700 | €5,400 | +€2,700 | +100.0% |
| Taxes | 450/3 | €2,700 | €5,400 | +€2,700 | +100.0% |
| Other amounts payable | 47/48 | €25,000 | €25,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,780 | €10,780 | = | 0.0% |
| Other operating charges | 640/8 | €2,575 | €2,520 | -€55 | -2.1% |
| Gross operating margin | 9900 | €23,996 | €23,530 | -€466 | -1.9% |
| Operating profit (loss) | 9901 | €10,641 | €10,230 | -€411 | -3.9% |
| Financial income | 75/76B | €31 | €114 | +€83 | +268.8% |
| Recurring financial income | 75 | €31 | €114 | +€83 | +268.8% |
| Financial charges | 65/66B | €509 | €75 | -€434 | -85.3% |
| Recurring financial charges | 65 | €509 | €75 | -€434 | -85.3% |
| Profit (loss) for the period before taxes | 9903 | €10,163 | €10,269 | +€106 | +1.0% |
| Income taxes | 67/77 | €2,759 | €2,734 | -€24 | -0.9% |
| Profit (loss) for the period | 9904 | €7,405 | €7,535 | +€130 | +1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,405 | €7,535 | +€130 | +1.8% |
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 8 October 2026 via checked.be.