IMMOPACCT: 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.
IMMOPACCT
Largest movements
- Tangible fixed assets -€58,728
down €58,728 (-2.7%), from €2.2m to €2.1m
- Cash +€23,508
up €23,508 (+270.8%), from €8,681 to €32,189
mainly Depreciation (+€58,728) and Accrued charges and deferred income (+€4,262)
- Profit (loss) carried forward -€30,701
down €30,701 (-7.7%), from -€396,454 to -€427,154
- Depreciation -€277,471
down €277,471 (-82.5%), from €336,199 to €58,728
- Financial charges -€58,214
down €58,214 (-40.2%), from €144,720 to €86,506
- Gross operating margin +€25,194
up €25,194 (+25.7%), from €97,891 to €123,084
- Other operating charges -€4,875
down €4,875 (-36.3%), from €13,426 to €8,550
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 | €2,166,934 | €2,131,714 | -€35,220 | -1.6% |
| Fixed assets | 21/28 | €2,158,254 | €2,099,525 | -€58,728 | -2.7% |
| Tangible fixed assets | 22/27 | €2,158,254 | €2,099,525 | -€58,728 | -2.7% |
| Land and buildings | 22 | €2,158,254 | €2,099,525 | -€58,728 | -2.7% |
| Current assets | 29/58 | €8,681 | €32,189 | +€23,508 | +270.8% |
| Cash at bank and in hand | 54/58 | €8,681 | €32,189 | +€23,508 | +270.8% |
| Total equity and liabilities | 10/49 | €2,166,934 | €2,131,714 | -€35,220 | -1.6% |
| Equity | 10/15 | -€378,454 | -€409,154 | -€30,701 | -8.1% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€396,454 | -€427,154 | -€30,701 | -7.7% |
| Amounts payable | 17/49 | €2,545,388 | €2,540,868 | -€4,520 | -0.2% |
| Amounts payable after more than one year | 17 | €2,423,306 | €2,412,622 | -€10,685 | -0.4% |
| Financial debts | 170/4 | €2,423,306 | €2,412,622 | -€10,685 | -0.4% |
| Amounts payable within one year | 42/48 | €118,782 | €120,685 | +€1,903 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €118,577 | €120,685 | +€2,107 | +1.8% |
| Trade debts | 44 | €204 | €0 | -€204 | -100.0% |
| Suppliers | 440/4 | €204 | €0 | -€204 | -100.0% |
| Accrued charges and deferred income | 492/3 | €3,300 | €7,562 | +€4,262 | +129.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €336,199 | €58,728 | -€277,471 | -82.5% |
| Other operating charges | 640/8 | €13,426 | €8,550 | -€4,875 | -36.3% |
| Gross operating margin | 9900 | €97,891 | €123,084 | +€25,194 | +25.7% |
| Operating profit (loss) | 9901 | -€251,734 | €55,806 | +€307,540 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €144,720 | €86,506 | -€58,214 | -40.2% |
| Recurring financial charges | 65 | €144,720 | €86,506 | -€58,214 | -40.2% |
| Profit (loss) for the period before taxes | 9903 | -€396,454 | -€30,701 | +€365,753 | +92.3% |
| Profit (loss) for the period | 9904 | -€396,454 | -€30,701 | +€365,753 | +92.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€396,454 | -€30,701 | +€365,753 | +92.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.