IMMOPORTUNITE: 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
IMMOPORTUNITE
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€134,294
2024 · €33,847+€100,447
Equity
€2.5m
2024 · €99,822+€2.4m
Cash
€26,346
2024 · €22,220+€4,126
Balance sheet total
€4.3m
2024 · €2.1m+€2.3m
Largest movements
Assets
- Tangible fixed assets +€2.2m
up €2.2m (+105%), from €2.0m to €4.2m
of which Land and buildings: +€2.2m
- Receivables within one year +€66,001
up €66,001 (+335%), from €19,712 to €85,713
of which Other amounts receivable: +€60,621
Equity and liabilities
- Revaluation surpluses +€2.3m
new in 2025: €2.3m
- Debts after one year -€155,300
down €155,300 (-8.9%), from €1.7m to €1.6m
of which Other amounts payable: -€370,431
- Profit (loss) carried forward +€134,294
up €134,294 (+48.8%), from -€275,178 to -€140,883
Income statement
- Gross operating margin +€110,477
up €110,477 (+50.7%), from €217,901 to €328,378
- Financial charges +€7,057
up €7,057 (+19.6%), from €35,985 to €43,042
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
€33,847
Gross operating margin
+€110,477
Depreciation
-€1,375
Other operating charges
-€1,565
Financial income
-€33
Financial charges
-€7,057
Result 2025
€134,294
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
+€130,859
Investment
-€2.3m
Financing
+€2.1m
Cash 2024
€22,220
From operations (derived)
+€130,859
Net result for the year
+€134,294
Depreciation
+€100,383
Receivables after one year
-€30,000
Receivables within one year
-€66,001
Smaller working-capital items
+€1,855
Trade debts
-€17,040
Other debts
+€16,875
Accrued charges and deferred income
-€9,506
Investment (derived)
-€2.3m
Investment in fixed assets (net)
-€2.3m
Financing
+€2.1m
Debts after one year
-€155,300
Current portion of long-term debt
+€28,567
Contributions, distributions and other
+€2.3m
Cash 2025
€26,346
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,093,652 | €4,349,035 | +€2.3m | +108% |
| Fixed assets | 21/28 | €2,045,604 | €4,200,222 | +€2.2m | +105% |
| Tangible fixed assets | 22/27 | €2,045,604 | €4,200,222 | +€2.2m | +105% |
| Land and buildings | 22 | €1,970,877 | €4,135,877 | +€2.2m | +110% |
| Plant, machinery and equipment | 23 | €74,728 | €64,345 | -€10,383 | -13.9% |
| Current assets | 29/58 | €48,048 | €148,814 | +€100,766 | +210% |
| Amounts receivable after more than one year | 29 | - | €30,000 | +€30,000 | |
| Other amounts receivable | 291 | - | €30,000 | +€30,000 | |
| Amounts receivable within one year | 40/41 | €19,712 | €85,713 | +€66,001 | +335% |
| Trade receivables | 40 | €19,712 | €25,092 | +€5,380 | +27.3% |
| Other amounts receivable | 41 | - | €60,621 | +€60,621 | |
| Cash at bank and in hand | 54/58 | €22,220 | €26,346 | +€4,126 | +18.6% |
| Deferred charges and accrued income | 490/1 | €6,116 | €6,755 | +€639 | +10.4% |
| Total equity and liabilities | 10/49 | €2,093,652 | €4,349,035 | +€2.3m | +108% |
| Equity | 10/15 | €99,822 | €2,489,117 | +€2.4m | +2,394% |
| Contributions | 10/11 | €375,000 | €375,000 | = | 0.0% |
| Capital | 10 | €375,000 | €375,000 | = | 0.0% |
| Issued capital | 100 | €375,000 | €375,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €2,255,000 | +€2.3m | |
| Profit (loss) carried forward | 14 | -€275,178 | -€140,883 | +€134,294 | +48.8% |
| Amounts payable | 17/49 | €1,993,830 | €1,859,919 | -€133,911 | -6.7% |
| Amounts payable after more than one year | 17 | €1,738,418 | €1,583,119 | -€155,300 | -8.9% |
| Financial debts | 170/4 | €1,367,987 | €1,583,119 | +€215,131 | +15.7% |
| Other amounts payable | 178/9 | €370,431 | - | -€370,431 | |
| Amounts payable within one year | 42/48 | €245,905 | €276,800 | +€30,895 | +12.6% |
| Current portion of amounts payable after more than one year | 42 | €109,473 | €138,040 | +€28,567 | +26.1% |
| Trade debts | 44 | €55,072 | €38,032 | -€17,040 | -30.9% |
| Suppliers | 440/4 | €55,072 | €38,032 | -€17,040 | -30.9% |
| Taxes, remuneration and social security | 45 | €16,375 | €18,868 | +€2,493 | +15.2% |
| Taxes | 450/3 | €16,375 | €18,868 | +€2,493 | +15.2% |
| Other amounts payable | 47/48 | €64,985 | €81,860 | +€16,875 | +26.0% |
| Accrued charges and deferred income | 492/3 | €9,506 | - | -€9,506 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,008 | €100,383 | +€1,375 | +1.4% |
| Other operating charges | 640/8 | €49,094 | €50,659 | +€1,565 | +3.2% |
| Gross operating margin | 9900 | €217,901 | €328,378 | +€110,477 | +50.7% |
| Operating profit (loss) | 9901 | €69,800 | €177,337 | +€107,537 | +154% |
| Financial income | 75/76B | €33 | - | -€33 | |
| Recurring financial income | 75 | €33 | - | -€33 | |
| Financial charges | 65/66B | €35,985 | €43,042 | +€7,057 | +19.6% |
| Recurring financial charges | 65 | €35,985 | €43,042 | +€7,057 | +19.6% |
| Profit (loss) for the period before taxes | 9903 | €33,847 | €134,294 | +€100,447 | +297% |
| Profit (loss) for the period | 9904 | €33,847 | €134,294 | +€100,447 | +297% |
| Profit (loss) for the period to be appropriated | 9905 | €33,847 | €134,294 | +€100,447 | +297% |
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 17 October 2026 via checked.be.