IMMOGD: 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.
IMMOGD
Largest movements
- Cash -€21,375
down €21,375 (-85.0%), from €25,146 to €3,771
mainly Investment in fixed assets (net) (-€39,952) and Net result for the year (-€12,204)
- Tangible fixed assets +€18,858
up €18,858 (+3.5%), from €544,217 to €563,075
of which Land and buildings: +€20,780
- Profit (loss) carried forward -€12,204
down €12,204 (-24.5%), from -€49,862 to -€62,066
- Other debts +€8,293
up €8,293 (+165.9%), from €5,000 to €13,293
- Gross operating margin -€2,218
down €2,218 (-6.8%), from €32,782 to €30,564
- Depreciation -€1,292
down €1,292 (-5.8%), from €22,385 to €21,093
- Financial charges +€580
up €580 (+2.8%), from €20,393 to €20,973
- Other operating charges +€524
up €524 (+294.6%), from €178 to €701
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 | €569,653 | €567,058 | -€2,595 | -0.5% |
| Fixed assets | 21/28 | €544,217 | €563,075 | +€18,858 | +3.5% |
| Tangible fixed assets | 22/27 | €544,217 | €563,075 | +€18,858 | +3.5% |
| Land and buildings | 22 | €535,339 | €556,119 | +€20,780 | +3.9% |
| Furniture and vehicles | 24 | €8,878 | €6,957 | -€1,921 | -21.6% |
| Current assets | 29/58 | €25,437 | €3,983 | -€21,453 | -84.3% |
| Cash at bank and in hand | 54/58 | €25,146 | €3,771 | -€21,375 | -85.0% |
| Deferred charges and accrued income | 490/1 | €290 | €212 | -€78 | -26.8% |
| Total equity and liabilities | 10/49 | €569,653 | €567,058 | -€2,595 | -0.5% |
| Equity | 10/15 | €2,138 | -€10,066 | -€12,204 | |
| Contributions | 10/11 | €52,000 | €52,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,862 | -€62,066 | -€12,204 | -24.5% |
| Amounts payable | 17/49 | €567,515 | €577,125 | +€9,609 | +1.7% |
| Amounts payable after more than one year | 17 | €536,649 | €536,251 | -€398 | -0.1% |
| Financial debts | 170/4 | €195,504 | €177,938 | -€17,566 | -9.0% |
| Other amounts payable | 178/9 | €341,145 | €358,313 | +€17,168 | +5.0% |
| Amounts payable within one year | 42/48 | €30,181 | €37,242 | +€7,061 | +23.4% |
| Current portion of amounts payable after more than one year | 42 | €18,283 | €18,999 | +€716 | +3.9% |
| Trade debts | 44 | €6,898 | €4,949 | -€1,949 | -28.3% |
| Suppliers | 440/4 | €6,898 | €4,949 | -€1,949 | -28.3% |
| Other amounts payable | 47/48 | €5,000 | €13,293 | +€8,293 | +165.9% |
| Accrued charges and deferred income | 492/3 | €686 | €3,632 | +€2,946 | +429.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,385 | €21,093 | -€1,292 | -5.8% |
| Other operating charges | 640/8 | €178 | €701 | +€524 | +294.6% |
| Gross operating margin | 9900 | €32,782 | €30,564 | -€2,218 | -6.8% |
| Operating profit (loss) | 9901 | €10,219 | €8,769 | -€1,450 | -14.2% |
| Financial charges | 65/66B | €20,393 | €20,973 | +€580 | +2.8% |
| Recurring financial charges | 65 | €20,393 | €20,973 | +€580 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | -€10,174 | -€12,204 | -€2,030 | -20.0% |
| Profit (loss) for the period | 9904 | -€10,174 | -€12,204 | -€2,030 | -20.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,174 | -€12,204 | -€2,030 | -20.0% |
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 6 October 2026 via checked.be.