IMMODIM: what changed
What changed
IMMODIM
filed annual accounts (NBB)
Net result for the year
€18,096
2024 · €6,573+€11,524
Equity
€502,849
2024 · €484,753+€18,096
Cash
€41,288
2024 · €40,412+€876
Balance sheet total
€948,726
2024 · €904,363+€44,363
Largest movements
Assets
- Tangible fixed assets +€25,516
up €25,516 (+3.1%), from €836,347 to €861,863
of which Land and buildings: +€26,334
- Receivables within one year +€18,700
up €18,700 (+72.1%), from €25,937 to €44,637
Equity and liabilities
- Debts after one year +€39,650
up €39,650 (+75.8%), from €52,314 to €91,964
of which Financial debts: +€39,650
- Profit (loss) carried forward +€32,471
up €32,471 (+59.1%), from €54,938 to €87,408
- Provisions -€20,189
down €20,189 (-5.9%), from €339,335 to €319,146
of which Provisions for liabilities and charges: -€12,787
- Reserves -€14,374
down €14,374 (-3.9%), from €368,315 to €353,941
of which Tax-exempt reserves: -€14,374
Income statement
- Gross operating margin +€34,036
up €34,036 (+41.6%), from €81,723 to €115,759
- Financial charges +€9,841
up €9,841 (+28.9%), from €34,046 to €43,887
- Depreciation +€6,225
up €6,225 (+14.3%), from €43,513 to €49,738
- Other operating charges +€5,147
up €5,147 (+57.2%), from €8,990 to €14,137
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€6,573
Gross operating margin
+€34,036
Depreciation
-€6,225
Provisions
-€291
Other operating charges
-€5,147
Financial income
-€43
Financial charges
-€9,841
Taxes
-€965
Result 2025
€18,096
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€30,534
Investment
-€75,254
Financing
+€45,596
Cash 2024
€40,412
From operations (derived)
+€30,534
Net result for the year
+€18,096
Depreciation
+€49,738
Receivables within one year
-€18,700
Deferred charges and accrued income
+€730
Provisions
-€20,189
Trade debts
-€583
Other debts
+€1,463
Accrued charges and deferred income
-€21
Investment (derived)
-€75,254
Investment in fixed assets (net)
-€75,254
Financing
+€45,596
Debts after one year
+€39,650
Current portion of long-term debt
+€5,946
Cash 2025
€41,288
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €904,363 | €948,726 | +€44,363 | +4.9% |
| Fixed assets | 21/28 | €836,347 | €861,863 | +€25,516 | +3.1% |
| Tangible fixed assets | 22/27 | €836,347 | €861,863 | +€25,516 | +3.1% |
| Land and buildings | 22 | €833,325 | €859,659 | +€26,334 | +3.2% |
| Furniture and vehicles | 24 | €568 | €534 | -€33 | -5.9% |
| Other tangible fixed assets | 26 | €2,454 | €1,670 | -€784 | -32.0% |
| Current assets | 29/58 | €68,016 | €86,863 | +€18,847 | +27.7% |
| Amounts receivable within one year | 40/41 | €25,937 | €44,637 | +€18,700 | +72.1% |
| Other amounts receivable | 41 | €25,937 | €44,637 | +€18,700 | +72.1% |
| Cash at bank and in hand | 54/58 | €40,412 | €41,288 | +€876 | +2.2% |
| Deferred charges and accrued income | 490/1 | €1,668 | €938 | -€730 | -43.7% |
| Total equity and liabilities | 10/49 | €904,363 | €948,726 | +€44,363 | +4.9% |
| Equity | 10/15 | €484,753 | €502,849 | +€18,096 | +3.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €368,315 | €353,941 | -€14,374 | -3.9% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €250,365 | €235,991 | -€14,374 | -5.7% |
| Distributable reserves | 133 | €111,800 | €111,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,938 | €87,408 | +€32,471 | +59.1% |
| Provisions and deferred taxes | 16 | €339,335 | €319,146 | -€20,189 | -5.9% |
| Provisions for liabilities and charges | 160/5 | €210,406 | €197,619 | -€12,787 | -6.1% |
| Other liabilities and charges | 164/5 | €210,406 | €197,619 | -€12,787 | -6.1% |
| Deferred taxes | 168 | €128,929 | €121,527 | -€7,402 | -5.7% |
| Amounts payable | 17/49 | €80,275 | €126,730 | +€46,455 | +57.9% |
| Amounts payable after more than one year | 17 | €52,314 | €91,964 | +€39,650 | +75.8% |
| Financial debts | 170/4 | €47,080 | €86,730 | +€39,650 | +84.2% |
| Other amounts payable | 178/9 | €5,234 | €5,234 | = | 0.0% |
| Amounts payable within one year | 42/48 | €20,081 | €26,907 | +€6,826 | +34.0% |
| Current portion of amounts payable after more than one year | 42 | €15,956 | €21,902 | +€5,946 | +37.3% |
| Trade debts | 44 | €2,618 | €2,035 | -€583 | -22.3% |
| Suppliers | 440/4 | €2,618 | €2,035 | -€583 | -22.3% |
| Other amounts payable | 47/48 | €1,507 | €2,969 | +€1,463 | +97.1% |
| Accrued charges and deferred income | 492/3 | €7,880 | €7,860 | -€21 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,513 | €49,738 | +€6,225 | +14.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€13,078 | -€12,787 | +€291 | +2.2% |
| Other operating charges | 640/8 | €8,990 | €14,137 | +€5,147 | +57.2% |
| Gross operating margin | 9900 | €81,723 | €115,759 | +€34,036 | +41.6% |
| Operating profit (loss) | 9901 | €42,298 | €64,671 | +€22,373 | +52.9% |
| Financial income | 75/76B | €813 | €770 | -€43 | -5.3% |
| Recurring financial income | 75 | €813 | €770 | -€43 | -5.3% |
| Financial charges | 65/66B | €34,046 | €43,887 | +€9,841 | +28.9% |
| Recurring financial charges | 65 | €34,046 | €43,887 | +€9,841 | +28.9% |
| Profit (loss) for the period before taxes | 9903 | €9,065 | €21,554 | +€12,489 | +138% |
| Transfer from deferred taxes | 780 | €7,402 | €7,402 | = | 0.0% |
| Income taxes | 67/77 | €9,894 | €10,859 | +€965 | +9.8% |
| Profit (loss) for the period | 9904 | €6,573 | €18,096 | +€11,524 | +175% |
| Transfer from tax-exempt reserves | 789 | €14,374 | €14,374 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,947 | €32,471 | +€11,524 | +55.0% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.