Immoro: 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.
Immoro
Largest movements
- Current investments +€614,886
up €614,886 (+76.1%), from €807,614 to €1.4m
- Tangible fixed assets -€255,997
down €255,997 (-35.0%), from €731,387 to €475,390
of which Land and buildings: -€237,387
- Cash -€30,826
down €30,826 (-80.5%), from €38,299 to €7,473
mainly Current investments (-€614,886) and Receivables within one year (-€4,248)
- Reserves +€331,937
up €331,937 (+24.4%), from €1.4m to €1.7m
of which Distributable reserves: +€331,937
- Gross operating margin +€222,361
up €222,361 (+2,100%), from €10,588 to €232,950
- Financial income +€211,082
up €211,082 (+3,800%), from €5,554 to €216,636
- Taxes +€83,374
up €83,374 (+36,872%), from €226 to €83,600
- Financial charges +€6,799
up €6,799, from -€5,032 to €1,767
- Depreciation -€2,953
down €2,953 (-9.3%), from €31,925 to €28,972
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 | €1,579,366 | €1,911,727 | +€332,360 | +21.0% |
| Fixed assets | 21/28 | €731,387 | €475,390 | -€255,997 | -35.0% |
| Tangible fixed assets | 22/27 | €731,387 | €475,390 | -€255,997 | -35.0% |
| Land and buildings | 22 | €678,222 | €440,836 | -€237,387 | -35.0% |
| Plant, machinery and equipment | 23 | €5,034 | - | -€5,034 | |
| Furniture and vehicles | 24 | €48,130 | €34,554 | -€13,576 | -28.2% |
| Current assets | 29/58 | €847,979 | €1,436,337 | +€588,358 | +69.4% |
| Amounts receivable within one year | 40/41 | €652 | €4,900 | +€4,248 | +652% |
| Other amounts receivable | 41 | €652 | €4,900 | +€4,248 | +652% |
| Current investments | 50/53 | €807,614 | €1,422,500 | +€614,886 | +76.1% |
| Cash at bank and in hand | 54/58 | €38,299 | €7,473 | -€30,826 | -80.5% |
| Deferred charges and accrued income | 490/1 | €1,414 | €1,464 | +€50 | +3.6% |
| Total equity and liabilities | 10/49 | €1,579,366 | €1,911,727 | +€332,360 | +21.0% |
| Equity | 10/15 | €1,578,616 | €1,910,554 | +€331,937 | +21.0% |
| Contributions | 10/11 | €215,754 | €215,754 | = | 0.0% |
| Reserves | 13 | €1,362,863 | €1,694,800 | +€331,937 | +24.4% |
| Non-distributable reserves | 130/1 | €21,575 | €21,575 | = | 0.0% |
| Reserves not available under the articles | 1311 | €21,575 | €21,575 | = | 0.0% |
| Distributable reserves | 133 | €1,341,287 | €1,673,225 | +€331,937 | +24.7% |
| Amounts payable | 17/49 | €750 | €1,173 | +€423 | +56.4% |
| Amounts payable within one year | 42/48 | - | €423 | +€423 | |
| Trade debts | 44 | - | €423 | +€423 | |
| Suppliers | 440/4 | - | €423 | +€423 | |
| Accrued charges and deferred income | 492/3 | €750 | €750 | = | 0.0% |
| Non-recurring operating income | 76A | - | €251,975 | +€251,975 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,925 | €28,972 | -€2,953 | -9.3% |
| Other operating charges | 640/8 | €2,810 | €3,309 | +€499 | +17.8% |
| Gross operating margin | 9900 | €10,588 | €232,950 | +€222,361 | +2,100% |
| Operating profit (loss) | 9901 | -€24,147 | €200,669 | +€224,816 | |
| Financial income | 75/76B | €5,554 | €216,636 | +€211,082 | +3,800% |
| Recurring financial income | 75 | €5,554 | €216,636 | +€211,082 | +3,800% |
| Financial charges | 65/66B | -€5,032 | €1,767 | +€6,799 | |
| Recurring financial charges | 65 | -€5,032 | €1,767 | +€6,799 | |
| Profit (loss) for the period before taxes | 9903 | -€13,561 | €415,538 | +€429,099 | |
| Income taxes | 67/77 | €226 | €83,600 | +€83,374 | +36,872% |
| Profit (loss) for the period | 9904 | -€13,787 | €331,937 | +€345,725 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,787 | €331,937 | +€345,725 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.