IMMOFFSET: 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.
IMMOFFSET
Largest movements
- Receivables within one year -€29,941
down €29,941 (-53.2%), from €56,290 to €26,349
of which Other amounts receivable: -€30,562
- Profit (loss) carried forward +€55,162
up €55,162 (+26.9%), from €205,421 to €260,583
- Current portion of long-term debt -€47,919
no longer reported in 2025 (was €47,919)
- Other debts -€43,699
down €43,699 (-52.6%), from €83,015 to €39,316
- Financial income -€236,984
no longer reported in 2025 (was €236,984)
- Gross operating margin -€32,391
down €32,391 (-12.1%), from €268,284 to €235,894
- Other operating charges +€4,158
up €4,158 (+2.9%), from €145,121 to €149,279
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 | €538,259 | €505,840 | -€32,419 | -6.0% |
| Fixed assets | 21/28 | €394,103 | €392,172 | -€1,931 | -0.5% |
| Tangible fixed assets | 22/27 | €394,103 | €392,172 | -€1,931 | -0.5% |
| Land and buildings | 22 | €394,103 | €392,172 | -€1,931 | -0.5% |
| Current assets | 29/58 | €144,156 | €113,668 | -€30,488 | -21.1% |
| Amounts receivable within one year | 40/41 | €56,290 | €26,349 | -€29,941 | -53.2% |
| Trade receivables | 40 | €13,129 | €13,750 | +€621 | +4.7% |
| Other amounts receivable | 41 | €43,162 | €12,600 | -€30,562 | -70.8% |
| Cash at bank and in hand | 54/58 | €54,891 | €51,086 | -€3,806 | -6.9% |
| Deferred charges and accrued income | 490/1 | €32,974 | €36,233 | +€3,259 | +9.9% |
| Total equity and liabilities | 10/49 | €538,259 | €505,840 | -€32,419 | -6.0% |
| Equity | 10/15 | €387,472 | €442,634 | +€55,162 | +14.2% |
| Contributions | 10/11 | €165,501 | €165,501 | = | 0.0% |
| Capital | 10 | €165,501 | €165,501 | = | 0.0% |
| Issued capital | 100 | €165,501 | €165,501 | = | 0.0% |
| Reserves | 13 | €16,550 | €16,550 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,550 | €16,550 | = | 0.0% |
| Legal reserve | 130 | €16,550 | €16,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €205,421 | €260,583 | +€55,162 | +26.9% |
| Amounts payable | 17/49 | €150,787 | €63,206 | -€87,581 | -58.1% |
| Amounts payable within one year | 42/48 | €150,787 | €58,932 | -€91,855 | -60.9% |
| Current portion of amounts payable after more than one year | 42 | €47,919 | - | -€47,919 | |
| Trade debts | 44 | €19,853 | €19,616 | -€237 | -1.2% |
| Suppliers | 440/4 | €19,853 | €19,616 | -€237 | -1.2% |
| Other amounts payable | 47/48 | €83,015 | €39,316 | -€43,699 | -52.6% |
| Accrued charges and deferred income | 492/3 | - | €4,274 | +€4,274 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,931 | €1,931 | +€0 | 0.0% |
| Other operating charges | 640/8 | €145,121 | €149,279 | +€4,158 | +2.9% |
| Gross operating margin | 9900 | €268,284 | €235,894 | -€32,391 | -12.1% |
| Operating profit (loss) | 9901 | €121,233 | €84,684 | -€36,549 | -30.1% |
| Financial income | 75/76B | €236,984 | - | -€236,984 | |
| Recurring financial income | 75 | €236,984 | - | -€236,984 | |
| Financial charges | 65/66B | €1,564 | €696 | -€869 | -55.5% |
| Recurring financial charges | 65 | €1,564 | €696 | -€869 | -55.5% |
| Profit (loss) for the period before taxes | 9903 | €356,653 | €83,989 | -€272,664 | -76.5% |
| Income taxes | 67/77 | €29,100 | €28,827 | -€273 | -0.9% |
| Profit (loss) for the period | 9904 | €327,553 | €55,162 | -€272,391 | -83.2% |
| Profit (loss) for the period to be appropriated | 9905 | €327,553 | €55,162 | -€272,391 | -83.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.