IMMOHEUTZ: 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.
IMMOHEUTZ
Largest movements
- Tangible fixed assets -€5,877
down €5,877 (-7.3%), from €80,361 to €74,484
of which Land and buildings: -€5,877
- Cash +€5,236
up €5,236 (+6.8%), from €77,327 to €82,563
mainly Depreciation (+€5,877) and Accrued charges and deferred income (+€70)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€2,374
down €2,374 (-16.9%), from €14,067 to €11,693
- Depreciation -€710
down €710 (-10.8%), from €6,587 to €5,877
- Other operating charges +€183
up €183 (+3.1%), from €5,834 to €6,017
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 | €166,897 | €166,602 | -€295 | -0.2% |
| Fixed assets | 21/28 | €80,361 | €74,484 | -€5,877 | -7.3% |
| Tangible fixed assets | 22/27 | €80,361 | €74,484 | -€5,877 | -7.3% |
| Land and buildings | 22 | €80,361 | €74,484 | -€5,877 | -7.3% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Current assets | 29/58 | €86,536 | €92,118 | +€5,582 | +6.5% |
| Amounts receivable within one year | 40/41 | €5,830 | €6,155 | +€325 | +5.6% |
| Other amounts receivable | 41 | €5,830 | €6,155 | +€325 | +5.6% |
| Cash at bank and in hand | 54/58 | €77,327 | €82,563 | +€5,236 | +6.8% |
| Deferred charges and accrued income | 490/1 | €3,378 | €3,400 | +€22 | +0.6% |
| Total equity and liabilities | 10/49 | €166,897 | €166,602 | -€295 | -0.2% |
| Equity | 10/15 | €165,616 | €165,251 | -€365 | -0.2% |
| Contributions | 10/11 | €233,438 | €233,438 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,821 | -€68,186 | -€365 | -0.5% |
| Amounts payable | 17/49 | €1,281 | €1,351 | +€70 | +5.5% |
| Amounts payable within one year | 42/48 | €0 | €0 | = | |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €1,281 | €1,351 | +€70 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,587 | €5,877 | -€710 | -10.8% |
| Other operating charges | 640/8 | €5,834 | €6,017 | +€183 | +3.1% |
| Gross operating margin | 9900 | €14,067 | €11,693 | -€2,374 | -16.9% |
| Operating profit (loss) | 9901 | €1,647 | -€201 | -€1,848 | |
| Financial income | 75/76B | €343 | €331 | -€12 | -3.5% |
| Recurring financial income | 75 | €343 | €331 | -€12 | -3.5% |
| Financial charges | 65/66B | €482 | €495 | +€13 | +2.7% |
| Recurring financial charges | 65 | €482 | €495 | +€13 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €1,507 | -€365 | -€1,873 | |
| Income taxes | 67/77 | €6 | - | -€6 | |
| Profit (loss) for the period | 9904 | €1,502 | -€365 | -€1,867 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,502 | -€365 | -€1,867 |
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.