IMMOGRETOUT: 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.
IMMOGRETOUT
Largest movements
- Cash +€16,729
up €16,729 (+20.4%), from €82,178 to €98,907
mainly Trade debts (+€36,922) and Receivables within one year (+€6,343)
- Tangible fixed assets +€14,877
up €14,877 (+83.3%), from €17,855 to €32,731
of which Other tangible fixed assets: +€17,108
- Receivables within one year -€6,343
down €6,343 (-7.8%), from €81,765 to €75,422
of which Trade receivables: -€13,376
- Trade debts +€36,922
up €36,922 (+522%), from €7,071 to €43,993
- Tax, wage and social debts -€13,919
down €13,919 (-95.4%), from €14,597 to €678
- Profit (loss) carried forward +€2,821
up €2,821 (+278%), from €1,014 to €3,835
- Gross operating margin -€92,070
down €92,070 (-85.9%), from €107,187 to €15,117
- Taxes -€12,974
down €12,974 (-93.7%), from €13,840 to €866
- Other operating charges -€4,148
down €4,148 (-37.5%), from €11,057 to €6,909
- Depreciation -€1,389
down €1,389 (-22.5%), from €6,164 to €4,775
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 | €219,133 | €244,957 | +€25,824 | +11.8% |
| Fixed assets | 21/28 | €17,855 | €32,731 | +€14,877 | +83.3% |
| Tangible fixed assets | 22/27 | €17,855 | €32,731 | +€14,877 | +83.3% |
| Plant, machinery and equipment | 23 | €11,429 | €9,338 | -€2,091 | -18.3% |
| Furniture and vehicles | 24 | €140 | €0 | -€140 | -100% |
| Other tangible fixed assets | 26 | €6,286 | €23,393 | +€17,108 | +272% |
| Current assets | 29/58 | €201,278 | €212,226 | +€10,947 | +5.4% |
| Stocks and contracts in progress | 3 | €1,870 | €2,201 | +€331 | +17.7% |
| Stocks | 30/36 | €1,870 | €2,201 | +€331 | +17.7% |
| Amounts receivable within one year | 40/41 | €81,765 | €75,422 | -€6,343 | -7.8% |
| Trade receivables | 40 | €49,826 | €36,450 | -€13,376 | -26.8% |
| Other amounts receivable | 41 | €31,939 | €38,972 | +€7,033 | +22.0% |
| Current investments | 50/53 | €35,000 | €35,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €82,178 | €98,907 | +€16,729 | +20.4% |
| Deferred charges and accrued income | 490/1 | €465 | €696 | +€230 | +49.5% |
| Total equity and liabilities | 10/49 | €219,133 | €244,957 | +€25,824 | +11.8% |
| Equity | 10/15 | €197,465 | €200,286 | +€2,821 | +1.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €177,859 | €177,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €176,000 | €176,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,014 | €3,835 | +€2,821 | +278% |
| Amounts payable | 17/49 | €21,667 | €44,671 | +€23,003 | +106% |
| Amounts payable within one year | 42/48 | €21,667 | €44,671 | +€23,003 | +106% |
| Trade debts | 44 | €7,071 | €43,993 | +€36,922 | +522% |
| Suppliers | 440/4 | €7,071 | €43,993 | +€36,922 | +522% |
| Taxes, remuneration and social security | 45 | €14,597 | €678 | -€13,919 | -95.4% |
| Taxes | 450/3 | €14,597 | €678 | -€13,919 | -95.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,164 | €4,775 | -€1,389 | -22.5% |
| Other operating charges | 640/8 | €11,057 | €6,909 | -€4,148 | -37.5% |
| Gross operating margin | 9900 | €107,187 | €15,117 | -€92,070 | -85.9% |
| Operating profit (loss) | 9901 | €89,966 | €3,433 | -€86,533 | -96.2% |
| Financial income | 75/76B | €1,622 | €1,726 | +€104 | +6.4% |
| Recurring financial income | 75 | €1,622 | €1,726 | +€104 | +6.4% |
| Financial charges | 65/66B | €1,058 | €1,472 | +€414 | +39.1% |
| Recurring financial charges | 65 | €1,058 | €1,472 | +€414 | +39.1% |
| Profit (loss) for the period before taxes | 9903 | €90,530 | €3,687 | -€86,844 | -95.9% |
| Income taxes | 67/77 | €13,840 | €866 | -€12,974 | -93.7% |
| Profit (loss) for the period | 9904 | €76,690 | €2,821 | -€73,870 | -96.3% |
| Profit (loss) for the period to be appropriated | 9905 | €76,690 | €2,821 | -€73,870 | -96.3% |
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 26 October 2026 via checked.be.