IMMOGR62: 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.
IMMOGR62
Largest movements
- Receivables after one year -€20,000
down €20,000 (-13.3%), from €150,000 to €130,000
- Cash -€15,333
down €15,333 (-40.6%), from €37,727 to €22,394
mainly Contributions, distributions and other (-€66,621) and Other debts (-€3,286)
- Deferred charges and accrued income -€7,709
down €7,709 (-57.7%), from €13,359 to €5,651
- Tangible fixed assets -€5,027
down €5,027 (-2.5%), from €197,614 to €192,587
- Reserves -€45,000
down €45,000 (-12.6%), from €358,543 to €313,543
- Gross operating margin -€2,395
down €2,395 (-6.9%), from €34,920 to €32,525
- Depreciation +€1,291
up €1,291 (+34.6%), from €3,736 to €5,027
- Taxes -€637
down €637 (-8.1%), from €7,844 to €7,207
- Financial income -€628
down €628 (-9.3%), from €6,741 to €6,114
- Other operating charges -€474
down €474 (-11.8%), from €4,009 to €3,536
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 | €418,998 | €370,929 | -€48,068 | -11.5% |
| Fixed assets | 21/28 | €197,614 | €192,587 | -€5,027 | -2.5% |
| Tangible fixed assets | 22/27 | €197,614 | €192,587 | -€5,027 | -2.5% |
| Land and buildings | 22 | €197,614 | €192,587 | -€5,027 | -2.5% |
| Current assets | 29/58 | €221,384 | €178,343 | -€43,041 | -19.4% |
| Amounts receivable after more than one year | 29 | €150,000 | €130,000 | -€20,000 | -13.3% |
| Other amounts receivable | 291 | €150,000 | €130,000 | -€20,000 | -13.3% |
| Amounts receivable within one year | 40/41 | €20,298 | €20,298 | = | 0.0% |
| Other amounts receivable | 41 | €20,298 | €20,298 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €37,727 | €22,394 | -€15,333 | -40.6% |
| Deferred charges and accrued income | 490/1 | €13,359 | €5,651 | -€7,709 | -57.7% |
| Total equity and liabilities | 10/49 | €418,998 | €370,929 | -€48,068 | -11.5% |
| Equity | 10/15 | €394,026 | €349,026 | -€45,000 | -11.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Revaluation surpluses | 12 | €15,483 | €15,483 | = | 0.0% |
| Reserves | 13 | €358,543 | €313,543 | -€45,000 | -12.6% |
| Distributable reserves | 133 | €358,543 | €313,543 | -€45,000 | -12.6% |
| Amounts payable | 17/49 | €24,972 | €21,904 | -€3,068 | -12.3% |
| Amounts payable within one year | 42/48 | €24,906 | €21,828 | -€3,079 | -12.4% |
| Taxes, remuneration and social security | 45 | - | €207 | +€207 | |
| Taxes | 450/3 | - | €207 | +€207 | |
| Other amounts payable | 47/48 | €24,906 | €21,621 | -€3,286 | -13.2% |
| Accrued charges and deferred income | 492/3 | €66 | €76 | +€10 | +15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,736 | €5,027 | +€1,291 | +34.6% |
| Other operating charges | 640/8 | €4,009 | €3,536 | -€474 | -11.8% |
| Gross operating margin | 9900 | €34,920 | €32,525 | -€2,395 | -6.9% |
| Operating profit (loss) | 9901 | €27,175 | €23,963 | -€3,213 | -11.8% |
| Financial income | 75/76B | €6,741 | €6,114 | -€628 | -9.3% |
| Recurring financial income | 75 | €6,741 | €6,114 | -€628 | -9.3% |
| Financial charges | 65/66B | €1,166 | €1,248 | +€82 | +7.1% |
| Recurring financial charges | 65 | €1,166 | €1,248 | +€82 | +7.1% |
| Profit (loss) for the period before taxes | 9903 | €32,751 | €28,828 | -€3,923 | -12.0% |
| Income taxes | 67/77 | €7,844 | €7,207 | -€637 | -8.1% |
| Profit (loss) for the period | 9904 | €24,906 | €21,621 | -€3,286 | -13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €24,906 | €21,621 | -€3,286 | -13.2% |
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 20 October 2026 via checked.be.