IMMOMAR: 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.
IMMOMAR
Largest movements
- Cash +€38,893
up €38,893 (+66.6%), from €58,425 to €97,318
mainly Net result for the year (+€63,327) and Tax, wage and social debts (+€19,862)
- Receivables within one year -€5,979
down €5,979 (-97.2%), from €6,150 to €171
- Reserves +€20,000
up €20,000 (+105%), from €19,000 to €39,000
- Tax, wage and social debts +€19,862
up €19,862 (+366%), from €5,429 to €25,291
- Current portion of long-term debt -€8,954
down €8,954 (-93.7%), from €9,559 to €605
- Gross operating margin -€2,246
down €2,246 (-2.0%), from €112,642 to €110,396
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 | €358,592 | €389,869 | +€31,277 | +8.7% |
| Fixed assets | 21/28 | €133,543 | €130,890 | -€2,653 | -2.0% |
| Tangible fixed assets | 22/27 | €133,543 | €130,890 | -€2,653 | -2.0% |
| Other tangible fixed assets | 26 | €133,543 | €130,890 | -€2,653 | -2.0% |
| Current assets | 29/58 | €225,049 | €258,979 | +€33,929 | +15.1% |
| Amounts receivable within one year | 40/41 | €6,150 | €171 | -€5,979 | -97.2% |
| Other amounts receivable | 41 | €6,150 | €171 | -€5,979 | -97.2% |
| Current investments | 50/53 | €160,475 | €161,490 | +€1,015 | +0.6% |
| Cash at bank and in hand | 54/58 | €58,425 | €97,318 | +€38,893 | +66.6% |
| Total equity and liabilities | 10/49 | €358,592 | €389,869 | +€31,277 | +8.7% |
| Equity | 10/15 | €294,512 | €314,839 | +€20,327 | +6.9% |
| Contributions | 10/11 | €275,212 | €275,212 | = | 0.0% |
| Reserves | 13 | €19,000 | €39,000 | +€20,000 | +105% |
| Distributable reserves | 133 | €19,000 | €39,000 | +€20,000 | +105% |
| Profit (loss) carried forward | 14 | €300 | €627 | +€327 | +109% |
| Amounts payable | 17/49 | €64,080 | €75,030 | +€10,950 | +17.1% |
| Amounts payable after more than one year | 17 | €605 | - | -€605 | |
| Financial debts | 170/4 | €605 | - | -€605 | |
| Amounts payable within one year | 42/48 | €63,475 | €75,030 | +€11,555 | +18.2% |
| Current portion of amounts payable after more than one year | 42 | €9,559 | €605 | -€8,954 | -93.7% |
| Taxes, remuneration and social security | 45 | €5,429 | €25,291 | +€19,862 | +366% |
| Taxes | 450/3 | €5,429 | €25,291 | +€19,862 | +366% |
| Other amounts payable | 47/48 | €48,487 | €49,133 | +€647 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,653 | €2,653 | = | 0.0% |
| Other operating charges | 640/8 | €20,839 | €19,783 | -€1,055 | -5.1% |
| Gross operating margin | 9900 | €112,642 | €110,396 | -€2,246 | -2.0% |
| Operating profit (loss) | 9901 | €89,151 | €87,960 | -€1,191 | -1.3% |
| Financial income | 75/76B | €1,833 | €1,493 | -€340 | -18.5% |
| Recurring financial income | 75 | €1,833 | €1,493 | -€340 | -18.5% |
| Financial charges | 65/66B | €531 | €387 | -€143 | -27.0% |
| Recurring financial charges | 65 | €531 | €387 | -€143 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | €90,453 | €89,066 | -€1,387 | -1.5% |
| Income taxes | 67/77 | €24,979 | €25,739 | +€760 | +3.0% |
| Profit (loss) for the period | 9904 | €65,474 | €63,327 | -€2,147 | -3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €65,474 | €63,327 | -€2,147 | -3.3% |
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 16 October 2026 via checked.be.