IMMOMAS: 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.
IMMOMAS
Largest movements
- Cash +€300,848
up €300,848 (+2778.4%), from €10,828 to €311,676
mainly Net result for the year (+€268,916) and Investment in fixed assets (net) (+€55,483)
- Tangible fixed assets -€66,271
down €66,271 (-8.7%), from €765,656 to €699,386
- Reserves +€268,916
up €268,916 (+88.1%), from €305,236 to €574,152
of which Distributable reserves: +€276,706
- Debts after one year -€17,342
down €17,342 (-19.5%), from €88,952 to €71,611
- Other debts -€12,500
down €12,500 (-100.0%), from €12,500 to €0
- Gross operating margin +€289,943
up €289,943, from -€730 to €289,213
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 | €779,089 | €1,013,760 | +€234,671 | +30.1% |
| Fixed assets | 21/28 | €765,656 | €699,386 | -€66,271 | -8.7% |
| Tangible fixed assets | 22/27 | €765,656 | €699,386 | -€66,271 | -8.7% |
| Land and buildings | 22 | €765,656 | €699,386 | -€66,271 | -8.7% |
| Current assets | 29/58 | €13,432 | €314,374 | +€300,942 | +2240.4% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €10,828 | €311,676 | +€300,848 | +2778.4% |
| Deferred charges and accrued income | 490/1 | €2,604 | €2,699 | +€94 | +3.6% |
| Total equity and liabilities | 10/49 | €779,089 | €1,013,760 | +€234,671 | +30.1% |
| Equity | 10/15 | €592,988 | €861,903 | +€268,916 | +45.3% |
| Contributions | 10/11 | €287,751 | €287,751 | = | 0.0% |
| Capital | 10 | €287,751 | €287,751 | = | 0.0% |
| Issued capital | 100 | €287,751 | €287,751 | = | 0.0% |
| Reserves | 13 | €305,236 | €574,152 | +€268,916 | +88.1% |
| Non-distributable reserves | 130/1 | €28,775 | €28,775 | = | 0.0% |
| Legal reserve | 130 | €28,775 | €28,775 | = | 0.0% |
| Tax-exempt reserves | 132 | €138,881 | €131,091 | -€7,790 | -5.6% |
| Distributable reserves | 133 | €137,580 | €414,286 | +€276,706 | +201.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €46,294 | €43,697 | -€2,597 | -5.6% |
| Deferred taxes | 168 | €46,294 | €43,697 | -€2,597 | -5.6% |
| Amounts payable | 17/49 | €139,808 | €108,160 | -€31,648 | -22.6% |
| Amounts payable after more than one year | 17 | €88,952 | €71,611 | -€17,342 | -19.5% |
| Financial debts | 170/4 | €88,952 | €71,611 | -€17,342 | -19.5% |
| Amounts payable within one year | 42/48 | €36,371 | €18,446 | -€17,925 | -49.3% |
| Current portion of amounts payable after more than one year | 42 | €17,123 | €17,342 | +€219 | +1.3% |
| Trade debts | 44 | €6,748 | €1,104 | -€5,644 | -83.6% |
| Suppliers | 440/4 | €6,748 | €1,104 | -€5,644 | -83.6% |
| Other amounts payable | 47/48 | €12,500 | €0 | -€12,500 | -100.0% |
| Accrued charges and deferred income | 492/3 | €14,484 | €18,103 | +€3,619 | +25.0% |
| Non-recurring operating income | 76A | €1,219 | €326,978 | +€325,759 | +26720.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,788 | €10,788 | = | 0.0% |
| Other operating charges | 640/8 | €10,070 | €10,077 | +€7 | +0.1% |
| Gross operating margin | 9900 | -€730 | €289,213 | +€289,943 | |
| Operating profit (loss) | 9901 | -€21,588 | €268,349 | +€289,936 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €2,100 | €2,029 | -€71 | -3.4% |
| Recurring financial charges | 65 | €2,100 | €2,029 | -€71 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | -€23,688 | €266,319 | +€290,007 | |
| Transfer from deferred taxes | 780 | €2,611 | €2,597 | -€15 | -0.6% |
| Profit (loss) for the period | 9904 | -€21,076 | €268,916 | +€289,992 | |
| Transfer from tax-exempt reserves | 789 | €7,834 | €7,790 | -€44 | -0.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,242 | €276,706 | +€289,948 |
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 4 October 2026 via checked.be.