IMMOJER: 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.
IMMOJER
Largest movements
- Receivables within one year +€23,279
up €23,279 (+14.6%), from €159,178 to €182,457
of which Other amounts receivable: +€28,337
- Stocks and contracts -€16,692
down €16,692 (-40.0%), from €41,692 to €25,000
of which Stocks: -€41,692
- Deferred charges and accrued income -€8,009
down €8,009 (-30.5%), from €26,274 to €18,264
- Trade debts +€46,604
up €46,604 (+157.6%), from €29,578 to €76,182
- Tax, wage and social debts -€38,007
down €38,007 (-62.3%), from €61,045 to €23,038
of which Taxes: -€37,837
- Profit (loss) carried forward -€15,493
down €15,493, from €347 to -€15,145
- Other debts +€9,736
up €9,736 (+55.0%), from €17,692 to €27,427
- Current portion of long-term debt -€5,627
no longer reported in 2025 (was €5,627)
- Other operating charges +€42,028
up €42,028 (+2463.8%), from €1,706 to €43,734
- Gross operating margin -€7,299
down €7,299 (-7.0%), from €103,830 to €96,531
- Financial income +€4,601
up €4,601 (+177.0%), from €2,600 to €7,200
of which Non-recurring financial income: +€2,737
- Staff costs +€2,410
up €2,410 (+4.3%), from €55,971 to €58,380
- Depreciation -€1,765
down €1,765 (-29.5%), from €5,985 to €4,220
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €231,180 | €228,291 | -€2,889 | -1.2% |
| Fixed assets | 21/28 | €4,036 | €2,569 | -€1,467 | -36.3% |
| Tangible fixed assets | 22/27 | €4,036 | €2,569 | -€1,467 | -36.3% |
| Plant, machinery and equipment | 23 | €26 | - | -€26 | |
| Furniture and vehicles | 24 | €707 | €2,569 | +€1,862 | +263.3% |
| Leasing and similar rights | 25 | €3,303 | - | -€3,303 | |
| Current assets | 29/58 | €227,144 | €225,722 | -€1,422 | -0.6% |
| Stocks and contracts in progress | 3 | €41,692 | €25,000 | -€16,692 | -40.0% |
| Stocks | 30/36 | €41,692 | - | -€41,692 | |
| Contracts in progress | 37 | - | €25,000 | +€25,000 | |
| Amounts receivable within one year | 40/41 | €159,178 | €182,457 | +€23,279 | +14.6% |
| Trade receivables | 40 | €76,621 | €71,563 | -€5,058 | -6.6% |
| Other amounts receivable | 41 | €82,557 | €110,894 | +€28,337 | +34.3% |
| Current investments | 50/53 | €1 | €1 | +€0 | +15.8% |
| Deferred charges and accrued income | 490/1 | €26,274 | €18,264 | -€8,009 | -30.5% |
| Total equity and liabilities | 10/49 | €231,180 | €228,291 | -€2,889 | -1.2% |
| Equity | 10/15 | €91,321 | €75,828 | -€15,493 | -17.0% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €29,000 | €29,000 | = | 0.0% |
| Distributable reserves | 133 | €29,000 | €29,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €347 | -€15,145 | -€15,493 | |
| Amounts payable | 17/49 | €139,859 | €152,463 | +€12,603 | +9.0% |
| Amounts payable within one year | 42/48 | €138,928 | €151,346 | +€12,418 | +8.9% |
| Current portion of amounts payable after more than one year | 42 | €5,627 | - | -€5,627 | |
| Financial debts | 43 | €24,987 | €24,699 | -€288 | -1.2% |
| Credit institutions | 430/8 | €24,987 | €24,699 | -€288 | -1.2% |
| Trade debts | 44 | €29,578 | €76,182 | +€46,604 | +157.6% |
| Suppliers | 440/4 | €29,578 | €76,182 | +€46,604 | +157.6% |
| Taxes, remuneration and social security | 45 | €61,045 | €23,038 | -€38,007 | -62.3% |
| Taxes | 450/3 | €53,787 | €15,950 | -€37,837 | -70.3% |
| Remuneration and social security | 454/9 | €7,258 | €7,088 | -€170 | -2.3% |
| Other amounts payable | 47/48 | €17,692 | €27,427 | +€9,736 | +55.0% |
| Accrued charges and deferred income | 492/3 | €932 | €1,117 | +€185 | +19.9% |
| Remuneration, social security and pensions | 62 | €55,971 | €58,380 | +€2,410 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,985 | €4,220 | -€1,765 | -29.5% |
| Other operating charges | 640/8 | €1,706 | €43,734 | +€42,028 | +2463.8% |
| Gross operating margin | 9900 | €103,830 | €96,531 | -€7,299 | -7.0% |
| Operating profit (loss) | 9901 | €40,169 | -€9,804 | -€49,972 | |
| Financial income | 75/76B | €2,600 | €7,200 | +€4,601 | +177.0% |
| Recurring financial income | 75 | €2,600 | €4,463 | +€1,864 | +71.7% |
| Non-recurring financial income | 76B | - | €2,737 | +€2,737 | |
| Financial charges | 65/66B | €12,013 | €12,668 | +€655 | +5.5% |
| Recurring financial charges | 65 | €12,013 | €12,668 | +€655 | +5.5% |
| Profit (loss) for the period before taxes | 9903 | €30,755 | -€15,271 | -€46,026 | |
| Income taxes | 67/77 | €232 | €222 | -€11 | -4.5% |
| Profit (loss) for the period | 9904 | €30,523 | -€15,493 | -€46,016 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,523 | -€15,493 | -€46,016 |
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 5 October 2026 via checked.be.