IMMOEVE: what changed
Two financial 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.
IMMOEVE
Largest movements
- Cash -€262,753
down €262,753 (-91.1%), from €288,296 to €25,543
mainly Investment in fixed assets (net) (-€344,356) and Net result for the year (-€72,222)
- Tangible fixed assets +€218,809
up €218,809 (+17.5%), from €1.3m to €1.5m
of which Land and buildings: +€228,211
- Other debts +€83,123
up €83,123 (+8.9%), from €938,618 to €1.0m
- Profit (loss) carried forward -€72,222
down €72,222 (-29.8%), from €242,709 to €170,487
- Debts after one year -€58,508
down €58,508 (-21.7%), from €269,794 to €211,286
of which Financial debts: -€59,058
- Turnover -€78,653
no longer reported in 2025 (was €78,653)
- Purchases and services -€71,617
no longer reported in 2025 (was €71,617)
- Depreciation +€60,227
up €60,227 (+92.2%), from €65,320 to €125,548
- Gross operating margin -€51,195
down €51,195 (-44.4%), from €115,204 to €64,010
- Financial charges -€1,224
down €1,224 (-16.2%), from €7,549 to €6,326
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.
Derived cash bridge
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 | €1,610,322 | €1,551,472 | -€58,849 | -3.7% |
| Fixed assets | 21/28 | €1,251,262 | €1,470,071 | +€218,809 | +17.5% |
| Tangible fixed assets | 22/27 | €1,251,262 | €1,470,071 | +€218,809 | +17.5% |
| Land and buildings | 22 | €1,222,838 | €1,451,049 | +€228,211 | +18.7% |
| Plant, machinery and equipment | 23 | €7,710 | €5,323 | -€2,387 | -31.0% |
| Furniture and vehicles | 24 | €20,714 | €13,699 | -€7,015 | -33.9% |
| Current assets | 29/58 | €359,060 | €81,402 | -€277,658 | -77.3% |
| Amounts receivable within one year | 40/41 | €28,891 | €15,320 | -€13,570 | -47.0% |
| Trade receivables | 40 | €26,029 | €14,120 | -€11,908 | -45.8% |
| Other amounts receivable | 41 | €2,862 | €1,200 | -€1,662 | -58.1% |
| Current investments | 50/53 | €39,884 | €39,884 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €288,296 | €25,543 | -€262,753 | -91.1% |
| Deferred charges and accrued income | 490/1 | €1,988 | €654 | -€1,335 | -67.1% |
| Total equity and liabilities | 10/49 | €1,610,322 | €1,551,472 | -€58,849 | -3.7% |
| Equity | 10/15 | €322,018 | €249,796 | -€72,222 | -22.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €60,709 | €60,709 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €58,849 | €58,849 | = | 0.0% |
| Profit (loss) carried forward | 14 | €242,709 | €170,487 | -€72,222 | -29.8% |
| Amounts payable | 17/49 | €1,288,303 | €1,301,677 | +€13,373 | +1.0% |
| Amounts payable after more than one year | 17 | €269,794 | €211,286 | -€58,508 | -21.7% |
| Financial debts | 170/4 | €268,294 | €209,236 | -€59,058 | -22.0% |
| Other amounts payable | 178/9 | €1,500 | €2,050 | +€550 | +36.7% |
| Amounts payable within one year | 42/48 | €1,017,943 | €1,088,614 | +€70,671 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €59,629 | €59,058 | -€572 | -1.0% |
| Trade debts | 44 | €15,999 | €4,775 | -€11,224 | -70.2% |
| Suppliers | 440/4 | €15,999 | €4,775 | -€11,224 | -70.2% |
| Advances received on contracts in progress | 46 | €3,003 | €0 | -€3,003 | -100% |
| Taxes, remuneration and social security | 45 | €693 | €3,040 | +€2,347 | +338% |
| Taxes | 450/3 | €693 | €3,040 | +€2,347 | +338% |
| Other amounts payable | 47/48 | €938,618 | €1,021,741 | +€83,123 | +8.9% |
| Accrued charges and deferred income | 492/3 | €567 | €1,777 | +€1,210 | +213% |
| Turnover | 70 | €78,653 | - | -€78,653 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €71,617 | - | -€71,617 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,320 | €125,548 | +€60,227 | +92.2% |
| Other operating charges | 640/8 | €6,576 | €6,312 | -€264 | -4.0% |
| Non-recurring operating charges | 66A | €56,250 | €0 | -€56,250 | -100% |
| Gross operating margin | 9900 | €115,204 | €64,010 | -€51,195 | -44.4% |
| Operating profit (loss) | 9901 | -€12,941 | -€67,850 | -€54,909 | -424% |
| Financial income | 75/76B | €1,749 | €2,023 | +€274 | +15.6% |
| Recurring financial income | 75 | €1,749 | €2,023 | +€274 | +15.6% |
| Financial charges | 65/66B | €7,549 | €6,326 | -€1,224 | -16.2% |
| Recurring financial charges | 65 | €7,549 | €6,326 | -€1,224 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | -€18,742 | -€72,153 | -€53,412 | -285% |
| Income taxes | 67/77 | €157 | €69 | -€88 | -56.1% |
| Profit (loss) for the period | 9904 | -€18,899 | -€72,222 | -€53,323 | -282% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,899 | -€72,222 | -€53,323 | -282% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.