IMMOFIN JANSSEN: 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.
IMMOFIN JANSSEN
Largest movements
- Tangible fixed assets -€14,754
down €14,754 (-6.2%), from €239,346 to €224,592
of which Land and buildings: -€12,575
- Profit (loss) carried forward +€111,257
up €111,257 (+35.2%), from €316,095 to €427,352
- Current portion of long-term debt -€55,278
down €55,278 (-66.7%), from €82,840 to €27,562
- Other debts -€43,600
down €43,600 (-13.2%), from €329,273 to €285,673
- Debts after one year -€27,562
down €27,562 (-40.3%), from €68,456 to €40,894
- Financial income +€45,000
new in 2025: €45,000
- Gross operating margin -€7,478
down €7,478 (-6.3%), from €119,522 to €112,044
- Taxes -€3,063
down €3,063 (-11.5%), from €26,621 to €23,558
- Other operating charges -€2,204
down €2,204 (-45.7%), from €4,825 to €2,621
- Financial charges -€1,783
down €1,783 (-29.1%), from €6,119 to €4,335
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 | €1,330,662 | €1,315,178 | -€15,484 | -1.2% |
| Fixed assets | 21/28 | €1,317,946 | €1,303,192 | -€14,754 | -1.1% |
| Tangible fixed assets | 22/27 | €239,346 | €224,592 | -€14,754 | -6.2% |
| Land and buildings | 22 | €225,625 | €213,050 | -€12,575 | -5.6% |
| Plant, machinery and equipment | 23 | €13,232 | €11,542 | -€1,690 | -12.8% |
| Furniture and vehicles | 24 | €488 | - | -€488 | |
| Financial fixed assets | 28 | €1,078,600 | €1,078,600 | = | 0.0% |
| Current assets | 29/58 | €12,716 | €11,986 | -€731 | -5.7% |
| Amounts receivable within one year | 40/41 | €1,819 | €10,490 | +€8,670 | +477% |
| Trade receivables | 40 | - | €548 | +€548 | |
| Other amounts receivable | 41 | €1,819 | €9,942 | +€8,123 | +446% |
| Cash at bank and in hand | 54/58 | €9,570 | €1,496 | -€8,074 | -84.4% |
| Deferred charges and accrued income | 490/1 | €1,327 | - | -€1,327 | |
| Total equity and liabilities | 10/49 | €1,330,662 | €1,315,178 | -€15,484 | -1.2% |
| Equity | 10/15 | €676,845 | €788,102 | +€111,257 | +16.4% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €210,750 | €210,750 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €195,750 | €195,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €316,095 | €427,352 | +€111,257 | +35.2% |
| Amounts payable | 17/49 | €653,817 | €527,076 | -€126,741 | -19.4% |
| Amounts payable after more than one year | 17 | €68,456 | €40,894 | -€27,562 | -40.3% |
| Financial debts | 170/4 | €68,456 | €40,894 | -€27,562 | -40.3% |
| Amounts payable within one year | 42/48 | €584,341 | €486,182 | -€98,159 | -16.8% |
| Current portion of amounts payable after more than one year | 42 | €82,840 | €27,562 | -€55,278 | -66.7% |
| Trade debts | 44 | €161,161 | €161,732 | +€571 | +0.4% |
| Suppliers | 440/4 | €161,161 | €161,732 | +€571 | +0.4% |
| Taxes, remuneration and social security | 45 | €11,067 | €11,215 | +€147 | +1.3% |
| Taxes | 450/3 | €11,067 | €11,215 | +€147 | +1.3% |
| Other amounts payable | 47/48 | €329,273 | €285,673 | -€43,600 | -13.2% |
| Accrued charges and deferred income | 492/3 | €1,020 | - | -€1,020 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,947 | €14,754 | -€194 | -1.3% |
| Other operating charges | 640/8 | €4,825 | €2,621 | -€2,204 | -45.7% |
| Non-recurring operating charges | 66A | - | €519 | +€519 | |
| Gross operating margin | 9900 | €119,522 | €112,044 | -€7,478 | -6.3% |
| Operating profit (loss) | 9901 | €99,749 | €94,150 | -€5,599 | -5.6% |
| Financial income | 75/76B | - | €45,000 | +€45,000 | |
| Recurring financial income | 75 | - | €45,000 | +€45,000 | |
| Financial charges | 65/66B | €6,119 | €4,335 | -€1,783 | -29.1% |
| Recurring financial charges | 65 | €6,119 | €4,335 | -€1,783 | -29.1% |
| Profit (loss) for the period before taxes | 9903 | €93,630 | €134,815 | +€41,185 | +44.0% |
| Income taxes | 67/77 | €26,621 | €23,558 | -€3,063 | -11.5% |
| Profit (loss) for the period | 9904 | €67,009 | €111,257 | +€44,248 | +66.0% |
| Profit (loss) for the period to be appropriated | 9905 | €67,009 | €111,257 | +€44,248 | +66.0% |
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 28 October 2026 via checked.be.