ImmoFid: 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.
ImmoFid
Largest movements
- Cash +€245,769
up €245,769 (+1476.3%), from €16,647 to €262,417
mainly Debts after one year (+€167,317) and Depreciation (+€96,011)
- Debts after one year +€167,317
up €167,317 (+22.0%), from €760,703 to €928,021
- Reserves +€74,000
up €74,000 (+274.1%), from €27,000 to €101,000
- Gross operating margin +€72,926
up €72,926 (+51.7%), from €140,953 to €213,879
- Depreciation +€28,215
up €28,215 (+41.6%), from €67,796 to €96,011
- Financial charges -€7,494
down €7,494 (-21.9%), from €34,170 to €26,675
- Taxes +€4,700
up €4,700 (+174.1%), from €2,700 to €7,400
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 | €1,468,052 | €1,723,914 | +€255,861 | +17.4% |
| Fixed assets | 21/28 | €1,415,038 | €1,420,128 | +€5,090 | +0.4% |
| Tangible fixed assets | 22/27 | €1,415,038 | €1,420,128 | +€5,090 | +0.4% |
| Land and buildings | 22 | €1,396,720 | €1,363,957 | -€32,763 | -2.3% |
| Plant, machinery and equipment | 23 | €5,211 | €45,929 | +€40,718 | +781.4% |
| Furniture and vehicles | 24 | €13,107 | €10,242 | -€2,865 | -21.9% |
| Current assets | 29/58 | €53,014 | €303,786 | +€250,772 | +473.0% |
| Amounts receivable within one year | 40/41 | €34,645 | €41,369 | +€6,724 | +19.4% |
| Trade receivables | 40 | €34,645 | €41,369 | +€6,724 | +19.4% |
| Cash at bank and in hand | 54/58 | €16,647 | €262,417 | +€245,769 | +1476.3% |
| Deferred charges and accrued income | 490/1 | €1,721 | €0 | -€1,721 | -100.0% |
| Total equity and liabilities | 10/49 | €1,468,052 | €1,723,914 | +€255,861 | +17.4% |
| Equity | 10/15 | €37,483 | €111,774 | +€74,291 | +198.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €27,000 | €101,000 | +€74,000 | +274.1% |
| Distributable reserves | 133 | €27,000 | €101,000 | +€74,000 | +274.1% |
| Profit (loss) carried forward | 14 | €483 | €774 | +€291 | +60.3% |
| Amounts payable | 17/49 | €1,430,570 | €1,612,140 | +€181,570 | +12.7% |
| Amounts payable after more than one year | 17 | €760,703 | €928,021 | +€167,317 | +22.0% |
| Financial debts | 170/4 | €760,703 | €928,021 | +€167,317 | +22.0% |
| Amounts payable within one year | 42/48 | €669,866 | €684,119 | +€14,253 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €60,739 | €62,683 | +€1,944 | +3.2% |
| Trade debts | 44 | €6,044 | €617 | -€5,427 | -89.8% |
| Suppliers | 440/4 | €6,044 | €617 | -€5,427 | -89.8% |
| Taxes, remuneration and social security | 45 | €17,804 | €25,833 | +€8,029 | +45.1% |
| Taxes | 450/3 | €17,804 | €25,833 | +€8,029 | +45.1% |
| Other amounts payable | 47/48 | €585,279 | €594,987 | +€9,707 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,796 | €96,011 | +€28,215 | +41.6% |
| Other operating charges | 640/8 | €8,805 | €9,501 | +€696 | +7.9% |
| Gross operating margin | 9900 | €140,953 | €213,879 | +€72,926 | +51.7% |
| Operating profit (loss) | 9901 | €64,352 | €108,366 | +€44,014 | +68.4% |
| Financial charges | 65/66B | €34,170 | €26,675 | -€7,494 | -21.9% |
| Recurring financial charges | 65 | €34,170 | €26,675 | -€7,494 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | €30,183 | €81,691 | +€51,508 | +170.7% |
| Income taxes | 67/77 | €2,700 | €7,400 | +€4,700 | +174.1% |
| Profit (loss) for the period | 9904 | €27,483 | €74,291 | +€46,808 | +170.3% |
| Profit (loss) for the period to be appropriated | 9905 | €27,483 | €74,291 | +€46,808 | +170.3% |
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 4 October 2026 via checked.be.