ImmoFlex: 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.
ImmoFlex
Largest movements
- Receivables within one year +€13,591
up €13,591 (+148.7%), from €9,138 to €22,729
of which Trade receivables: +€19,779
- Cash -€1,777
down €1,777 (-6.9%), from €25,889 to €24,112
mainly Receivables within one year (-€13,591) and Trade debts (-€6,544)
- Profit (loss) carried forward +€14,948
up €14,948 (+26.0%), from -€57,524 to -€42,576
- Trade debts -€6,544
down €6,544 (-100.0%), from €6,544 to €0
- Other debts +€2,744
up €2,744 (+4.5%), from €61,007 to €63,751
- Tax, wage and social debts +€666
new in 2025: €666
- Gross operating margin +€53,195
up €53,195, from -€37,164 to €16,031
- Financial charges -€19,775
down €19,775 (-99.7%), from €19,827 to €52
- Other operating charges +€499
up €499 (+93.6%), from €533 to €1,031
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 | €35,027 | €46,841 | +€11,814 | +33.7% |
| Current assets | 29/58 | €35,027 | €46,841 | +€11,814 | +33.7% |
| Amounts receivable within one year | 40/41 | €9,138 | €22,729 | +€13,591 | +148.7% |
| Trade receivables | 40 | €2,950 | €22,729 | +€19,779 | +670.6% |
| Other amounts receivable | 41 | €6,188 | €0 | -€6,188 | -100.0% |
| Cash at bank and in hand | 54/58 | €25,889 | €24,112 | -€1,777 | -6.9% |
| Total equity and liabilities | 10/49 | €35,027 | €46,841 | +€11,814 | +33.7% |
| Equity | 10/15 | -€32,524 | -€17,576 | +€14,948 | +46.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,524 | -€42,576 | +€14,948 | +26.0% |
| Amounts payable | 17/49 | €67,551 | €64,417 | -€3,134 | -4.6% |
| Amounts payable within one year | 42/48 | €67,551 | €64,417 | -€3,134 | -4.6% |
| Trade debts | 44 | €6,544 | €0 | -€6,544 | -100.0% |
| Suppliers | 440/4 | €6,544 | €0 | -€6,544 | -100.0% |
| Taxes, remuneration and social security | 45 | - | €666 | +€666 | |
| Taxes | 450/3 | - | €666 | +€666 | |
| Other amounts payable | 47/48 | €61,007 | €63,751 | +€2,744 | +4.5% |
| Other operating charges | 640/8 | €533 | €1,031 | +€499 | +93.6% |
| Gross operating margin | 9900 | -€37,164 | €16,031 | +€53,195 | |
| Operating profit (loss) | 9901 | -€37,697 | €15,000 | +€52,697 | |
| Financial charges | 65/66B | €19,827 | €52 | -€19,775 | -99.7% |
| Recurring financial charges | 65 | €19,827 | €52 | -€19,775 | -99.7% |
| Profit (loss) for the period before taxes | 9903 | -€57,524 | €14,948 | +€72,472 | |
| Profit (loss) for the period | 9904 | -€57,524 | €14,948 | +€72,472 | |
| Profit (loss) for the period to be appropriated | 9905 | -€57,524 | €14,948 | +€72,472 |
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.