Immoferma: 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.
Immoferma
Largest movements
- Tangible fixed assets -€17,870
down €17,870 (-2.6%), from €682,131 to €664,261
- Debts after one year -€23,219
down €23,219 (-5.0%), from €467,459 to €444,239
- Other debts +€16,416
up €16,416 (+20.0%), from €82,183 to €98,599
- Profit (loss) carried forward -€14,660
down €14,660 (-13.8%), from -€106,381 to -€121,041
- Gross operating margin +€1,311
up €1,311 (+4.9%), from €26,528 to €27,839
- Other operating charges +€1,109
up €1,109 (+29.9%), from €3,712 to €4,821
- Financial charges +€820
up €820 (+4.3%), from €18,988 to €19,808
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 | €683,760 | €664,499 | -€19,261 | -2.8% |
| Fixed assets | 21/28 | €682,131 | €664,261 | -€17,870 | -2.6% |
| Tangible fixed assets | 22/27 | €682,131 | €664,261 | -€17,870 | -2.6% |
| Land and buildings | 22 | €682,131 | €664,261 | -€17,870 | -2.6% |
| Current assets | 29/58 | €1,630 | €239 | -€1,391 | -85.4% |
| Amounts receivable within one year | 40/41 | €1,560 | - | -€1,560 | |
| Trade receivables | 40 | €1,560 | - | -€1,560 | |
| Cash at bank and in hand | 54/58 | €70 | €239 | +€169 | +243.5% |
| Total equity and liabilities | 10/49 | €683,760 | €664,499 | -€19,261 | -2.8% |
| Equity | 10/15 | €112,159 | €97,499 | -€14,660 | -13.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | €199,948 | €199,948 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€106,381 | -€121,041 | -€14,660 | -13.8% |
| Amounts payable | 17/49 | €571,601 | €567,000 | -€4,601 | -0.8% |
| Amounts payable after more than one year | 17 | €467,459 | €444,239 | -€23,219 | -5.0% |
| Financial debts | 170/4 | €467,459 | €444,239 | -€23,219 | -5.0% |
| Amounts payable within one year | 42/48 | €104,143 | €122,761 | +€18,618 | +17.9% |
| Current portion of amounts payable after more than one year | 42 | €21,894 | €23,762 | +€1,868 | +8.5% |
| Trade debts | 44 | €66 | €400 | +€334 | +508.4% |
| Suppliers | 440/4 | €66 | €400 | +€334 | +508.4% |
| Other amounts payable | 47/48 | €82,183 | €98,599 | +€16,416 | +20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,870 | €17,870 | = | 0.0% |
| Other operating charges | 640/8 | €3,712 | €4,821 | +€1,109 | +29.9% |
| Gross operating margin | 9900 | €26,528 | €27,839 | +€1,311 | +4.9% |
| Operating profit (loss) | 9901 | €4,946 | €5,148 | +€202 | +4.1% |
| Financial charges | 65/66B | €18,988 | €19,808 | +€820 | +4.3% |
| Recurring financial charges | 65 | €18,988 | €19,808 | +€820 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | -€14,042 | -€14,660 | -€618 | -4.4% |
| Profit (loss) for the period | 9904 | -€14,042 | -€14,660 | -€618 | -4.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,042 | -€14,660 | -€618 | -4.4% |
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.