IMMOGIN: 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.
IMMOGIN
Largest movements
- Tangible fixed assets +€29,343
up €29,343 (+3.0%), from €979,574 to €1.0m
of which Land and buildings: +€811,916
- Cash -€17,675
down €17,675 (-66.3%), from €26,656 to €8,980
mainly Investment in fixed assets (net) (-€29,343) and Net result for the year (-€3,103)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€10,906
up €10,906, from -€3,192 to €7,714
- Financial charges -€539
down €539 (-4.7%), from €11,356 to €10,817
- Other operating charges -€384
no longer reported in 2025 (was €384)
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 | €1,007,438 | €1,019,901 | +€12,463 | +1.2% |
| Fixed assets | 21/28 | €979,574 | €1,008,916 | +€29,343 | +3.0% |
| Tangible fixed assets | 22/27 | €979,574 | €1,008,916 | +€29,343 | +3.0% |
| Land and buildings | 22 | €197,000 | €1,008,916 | +€811,916 | +412% |
| Assets under construction and advance payments | 27 | €782,574 | - | -€782,574 | |
| Current assets | 29/58 | €27,864 | €10,984 | -€16,880 | -60.6% |
| Cash at bank and in hand | 54/58 | €26,656 | €8,980 | -€17,675 | -66.3% |
| Deferred charges and accrued income | 490/1 | €1,209 | €2,004 | +€795 | +65.8% |
| Total equity and liabilities | 10/49 | €1,007,438 | €1,019,901 | +€12,463 | +1.2% |
| Equity | 10/15 | -€34,223 | -€37,326 | -€3,103 | -9.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€84,223 | -€87,326 | -€3,103 | -3.7% |
| Amounts payable | 17/49 | €1,041,661 | €1,057,226 | +€15,565 | +1.5% |
| Amounts payable after more than one year | 17 | €956,572 | €963,860 | +€7,288 | +0.8% |
| Financial debts | 170/4 | €956,572 | €963,860 | +€7,288 | +0.8% |
| Amounts payable within one year | 42/48 | €84,175 | €86,608 | +€2,432 | +2.9% |
| Current portion of amounts payable after more than one year | 42 | €79,912 | €80,897 | +€985 | +1.2% |
| Trade debts | 44 | €4,264 | €5,711 | +€1,447 | +33.9% |
| Suppliers | 440/4 | €4,264 | €5,711 | +€1,447 | +33.9% |
| Accrued charges and deferred income | 492/3 | €914 | €6,759 | +€5,845 | +639% |
| Other operating charges | 640/8 | €384 | - | -€384 | |
| Gross operating margin | 9900 | -€3,192 | €7,714 | +€10,906 | |
| Operating profit (loss) | 9901 | -€3,576 | €7,714 | +€11,290 | |
| Financial charges | 65/66B | €11,356 | €10,817 | -€539 | -4.7% |
| Recurring financial charges | 65 | €11,356 | €10,817 | -€539 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | -€14,932 | -€3,103 | +€11,829 | +79.2% |
| Profit (loss) for the period | 9904 | -€14,932 | -€3,103 | +€11,829 | +79.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,932 | -€3,103 | +€11,829 | +79.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.