IMMOMAXA: 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.
IMMOMAXA
Largest movements
- Cash +€18,575
up €18,575 (+7.8%), from €238,497 to €257,072
mainly Depreciation (+€18,462) and Short-term financial debts (+€9,600)
- Tangible fixed assets -€14,676
down €14,676 (-9.0%), from €162,899 to €148,223
- Short-term financial debts +€9,600
new in 2025: €9,600
of which Other loans: +€9,590
- Debts after one year -€9,590
no longer reported in 2025 (was €9,590)
- Gross operating margin -€1,855
down €1,855 (-4.9%), from €38,213 to €36,358
- Depreciation -€851
down €851 (-4.4%), from €19,312 to €18,462
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 | €401,396 | €405,295 | +€3,899 | +1.0% |
| Fixed assets | 21/28 | €162,899 | €148,223 | -€14,676 | -9.0% |
| Tangible fixed assets | 22/27 | €162,899 | €148,223 | -€14,676 | -9.0% |
| Land and buildings | 22 | €162,899 | €148,223 | -€14,676 | -9.0% |
| Current assets | 29/58 | €238,497 | €257,072 | +€18,575 | +7.8% |
| Cash at bank and in hand | 54/58 | €238,497 | €257,072 | +€18,575 | +7.8% |
| Total equity and liabilities | 10/49 | €401,396 | €405,295 | +€3,899 | +1.0% |
| Equity | 10/15 | €388,618 | €391,097 | +€2,479 | +0.6% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Revaluation surpluses | 12 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | €258,474 | €260,953 | +€2,479 | +1.0% |
| Amounts payable | 17/49 | €12,778 | €14,198 | +€1,420 | +11.1% |
| Amounts payable after more than one year | 17 | €9,590 | - | -€9,590 | |
| Financial debts | 170/4 | €9,590 | - | -€9,590 | |
| Amounts payable within one year | 42/48 | €3,188 | €14,198 | +€11,010 | +345% |
| Financial debts | 43 | - | €9,600 | +€9,600 | |
| Credit institutions | 430/8 | - | €10 | +€10 | |
| Other loans | 439 | - | €9,590 | +€9,590 | |
| Trade debts | 44 | €888 | €643 | -€244 | -27.5% |
| Suppliers | 440/4 | €888 | €643 | -€244 | -27.5% |
| Taxes, remuneration and social security | 45 | €2,017 | €3,671 | +€1,654 | +82.0% |
| Taxes | 450/3 | €2,017 | €3,671 | +€1,654 | +82.0% |
| Other amounts payable | 47/48 | €284 | €284 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,312 | €18,462 | -€851 | -4.4% |
| Other operating charges | 640/8 | €13,477 | €13,657 | +€181 | +1.3% |
| Gross operating margin | 9900 | €38,213 | €36,358 | -€1,855 | -4.9% |
| Operating profit (loss) | 9901 | €5,423 | €4,239 | -€1,184 | -21.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €89 | €106 | +€17 | +19.3% |
| Recurring financial charges | 65 | €89 | €106 | +€17 | +19.3% |
| Profit (loss) for the period before taxes | 9903 | €5,335 | €4,133 | -€1,201 | -22.5% |
| Income taxes | 67/77 | €2,017 | €1,654 | -€362 | -18.0% |
| Profit (loss) for the period | 9904 | €3,318 | €2,479 | -€839 | -25.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,318 | €2,479 | -€839 | -25.3% |
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 24 October 2026 via checked.be.