Immorealty: 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.
Immorealty
Largest movements
- Current investments +€125,000
new in 2025: €125,000
- Cash -€101,211
down €101,211 (-40.7%), from €248,579 to €147,368
mainly Current investments (-€125,000) and Investment in fixed assets (net) (-€45,580)
No liability line moved by more than 1% of the balance sheet total.
- Turnover +€5,062
up €5,062 (+3.9%), from €129,434 to €134,496
- Gross operating margin +€4,810
up €4,810 (+3.9%), from €123,982 to €128,792
- Financial income +€3,460
up €3,460 (+50.9%), from €6,800 to €10,260
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 | €2,291,414 | €2,314,111 | +€22,697 | +1.0% |
| Fixed assets | 21/28 | €2,042,357 | €2,040,258 | -€2,099 | -0.1% |
| Tangible fixed assets | 22/27 | €1,342,540 | €1,340,441 | -€2,099 | -0.2% |
| Land and buildings | 22 | €1,342,540 | €1,295,360 | -€47,180 | -3.5% |
| Plant, machinery and equipment | 23 | €0 | €45,080 | +€45,080 | |
| Financial fixed assets | 28 | €699,817 | €699,817 | = | 0.0% |
| Current assets | 29/58 | €249,057 | €273,854 | +€24,797 | +10.0% |
| Amounts receivable within one year | 40/41 | - | €1,000 | +€1,000 | |
| Trade receivables | 40 | - | €0 | = | |
| Other amounts receivable | 41 | - | €1,000 | +€1,000 | |
| Current investments | 50/53 | - | €125,000 | +€125,000 | |
| Cash at bank and in hand | 54/58 | €248,579 | €147,368 | -€101,211 | -40.7% |
| Deferred charges and accrued income | 490/1 | €478 | €485 | +€7 | +1.5% |
| Total equity and liabilities | 10/49 | €2,291,414 | €2,314,111 | +€22,697 | +1.0% |
| Contributions | 10/11 | €514,004 | €514,004 | = | 0.0% |
| Capital | 10 | €514,004 | €514,004 | = | 0.0% |
| Issued capital | 100 | €514,004 | €514,004 | = | 0.0% |
| Reserves | 13 | €30,217 | €31,387 | +€1,170 | +3.9% |
| Non-distributable reserves | 130/1 | €27,341 | €28,511 | +€1,170 | +4.3% |
| Legal reserve | 130 | €27,341 | €28,511 | +€1,170 | +4.3% |
| Distributable reserves | 133 | €2,876 | €2,876 | = | 0.0% |
| Profit (loss) carried forward | 14 | €207,657 | €229,387 | +€21,730 | +10.5% |
| Amounts payable | 17/49 | €1,539,536 | €1,539,334 | -€202 | 0.0% |
| Amounts payable after more than one year | 17 | €1,500,540 | €1,500,540 | = | 0.0% |
| Financial debts | 170/4 | €1,500,000 | €1,500,000 | = | 0.0% |
| Other amounts payable | 178/9 | €540 | €540 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,775 | €2,681 | -€94 | -3.4% |
| Trade debts | 44 | €1,325 | €2,681 | +€1,356 | +102.3% |
| Suppliers | 440/4 | €1,325 | €2,681 | +€1,356 | +102.3% |
| Taxes, remuneration and social security | 45 | €1,450 | - | -€1,450 | |
| Taxes | 450/3 | €1,450 | - | -€1,450 | |
| Accrued charges and deferred income | 492/3 | €36,221 | €36,113 | -€108 | -0.3% |
| Turnover | 70 | €129,434 | €134,496 | +€5,062 | +3.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €5,452 | €5,704 | +€252 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,179 | €47,679 | +€500 | +1.1% |
| Other operating charges | 640/8 | €14,670 | €15,130 | +€460 | +3.1% |
| Gross operating margin | 9900 | €123,982 | €128,792 | +€4,810 | +3.9% |
| Operating profit (loss) | 9901 | €62,132 | €65,984 | +€3,852 | +6.2% |
| Financial income | 75/76B | €6,800 | €10,260 | +€3,460 | +50.9% |
| Recurring financial income | 75 | €6,800 | €10,260 | +€3,460 | +50.9% |
| Financial charges | 65/66B | €48,150 | €48,150 | = | 0.0% |
| Recurring financial charges | 65 | €48,150 | €48,150 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €20,782 | €28,093 | +€7,311 | +35.2% |
| Income taxes | 67/77 | €5,308 | €5,194 | -€114 | -2.1% |
| Profit (loss) for the period | 9904 | €15,474 | €22,900 | +€7,426 | +48.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,474 | €22,900 | +€7,426 | +48.0% |
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 12 October 2026 via checked.be.