IMMOPLAN: 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.
What changed
IMMOPLAN
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€51,994
2024 · €158,894-€210,888
Equity
€1.1m
2024 · €1.2m-€51,994
Cash
€10,635
2024 · €4,710+€5,926
Balance sheet total
€1.2m
2024 · €1.3m-€106,954
Largest movements
Assets
- Receivables after one year -€66,000
down €66,000 (-61.1%), from €108,000 to €42,000
- Tangible fixed assets -€44,325
down €44,325 (-3.8%), from €1.2m to €1.1m
Equity and liabilities
- Other debts -€54,136
down €54,136 (-75.3%), from €71,922 to €17,786
- Profit (loss) carried forward -€51,994
down €51,994 (-7.3%), from -€709,260 to -€761,254
Income statement
- Gross operating margin -€210,130
down €210,130, from €205,609 to -€4,522
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.
Result 2024
€158,894
Gross operating margin
-€210,130
Other operating charges
-€992
Financial income
+€145
Financial charges
+€195
Taxes
-€106
Result 2025
-€51,994
raises the resultlowers the result
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.
From operations
+€5,926
Investment
€0
Financing
€0
Cash 2024
€4,710
From operations (derived)
+€5,926
Net result for the year
-€51,994
Depreciation
+€44,325
Receivables after one year
+€66,000
Receivables within one year
+€2,555
Trade debts
-€152
Tax, wage and social debts
-€672
Other debts
-€54,136
Cash 2025
€10,635
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,280,486 | €1,173,532 | -€106,954 | -8.4% |
| Fixed assets | 21/28 | €1,161,950 | €1,117,625 | -€44,325 | -3.8% |
| Tangible fixed assets | 22/27 | €1,161,754 | €1,117,429 | -€44,325 | -3.8% |
| Land and buildings | 22 | €1,161,754 | €1,117,429 | -€44,325 | -3.8% |
| Financial fixed assets | 28 | €196 | €196 | = | 0.0% |
| Current assets | 29/58 | €118,537 | €55,907 | -€62,629 | -52.8% |
| Amounts receivable after more than one year | 29 | €108,000 | €42,000 | -€66,000 | -61.1% |
| Other amounts receivable | 291 | €108,000 | €42,000 | -€66,000 | -61.1% |
| Amounts receivable within one year | 40/41 | €5,827 | €3,272 | -€2,555 | -43.8% |
| Trade receivables | 40 | €3,630 | - | -€3,630 | |
| Other amounts receivable | 41 | €2,197 | €3,272 | +€1,075 | +48.9% |
| Cash at bank and in hand | 54/58 | €4,710 | €10,635 | +€5,926 | +126% |
| Total equity and liabilities | 10/49 | €1,280,486 | €1,173,532 | -€106,954 | -8.4% |
| Equity | 10/15 | €1,199,219 | €1,147,225 | -€51,994 | -4.3% |
| Contributions | 10/11 | €1,367,630 | €1,367,630 | = | 0.0% |
| Capital | 10 | €1,367,630 | €1,367,630 | = | 0.0% |
| Issued capital | 100 | €1,367,630 | €1,367,630 | = | 0.0% |
| Revaluation surpluses | 12 | €460,893 | €460,893 | = | 0.0% |
| Reserves | 13 | €79,956 | €79,956 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,761 | €5,761 | = | 0.0% |
| Legal reserve | 130 | €5,761 | €5,761 | = | 0.0% |
| Tax-exempt reserves | 132 | €74,195 | €74,195 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€709,260 | -€761,254 | -€51,994 | -7.3% |
| Amounts payable | 17/49 | €81,267 | €26,307 | -€54,960 | -67.6% |
| Amounts payable within one year | 42/48 | €81,267 | €26,307 | -€54,960 | -67.6% |
| Trade debts | 44 | €6,881 | €6,729 | -€152 | -2.2% |
| Suppliers | 440/4 | €6,881 | €6,729 | -€152 | -2.2% |
| Taxes, remuneration and social security | 45 | €2,464 | €1,792 | -€672 | -27.3% |
| Taxes | 450/3 | €2,464 | €1,792 | -€672 | -27.3% |
| Other amounts payable | 47/48 | €71,922 | €17,786 | -€54,136 | -75.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,325 | €44,325 | = | 0.0% |
| Other operating charges | 640/8 | €4,671 | €5,663 | +€992 | +21.2% |
| Gross operating margin | 9900 | €205,609 | -€4,522 | -€210,130 | |
| Operating profit (loss) | 9901 | €156,612 | -€54,510 | -€211,123 | |
| Financial income | 75/76B | €2,596 | €2,741 | +€145 | +5.6% |
| Recurring financial income | 75 | €2,596 | €2,741 | +€145 | +5.6% |
| Financial charges | 65/66B | €314 | €119 | -€195 | -62.2% |
| Recurring financial charges | 65 | €314 | €119 | -€195 | -62.2% |
| Profit (loss) for the period before taxes | 9903 | €158,894 | -€51,888 | -€210,782 | |
| Income taxes | 67/77 | - | €106 | +€106 | |
| Profit (loss) for the period | 9904 | €158,894 | -€51,994 | -€210,888 | |
| Profit (loss) for the period to be appropriated | 9905 | €158,894 | -€51,994 | -€210,888 |
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 13 October 2026 via checked.be.