IMMORODE: 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.
IMMORODE
Largest movements
- Cash +€11,463
up €11,463 (+40.7%), from €28,189 to €39,652
mainly Depreciation (+€9,587) and Receivables within one year (+€3,245)
- Tangible fixed assets -€9,587
down €9,587 (-6.9%), from €139,759 to €130,172
of which Land and buildings: -€6,832
- Receivables within one year -€3,245
down €3,245 (-100.0%), from €3,245 to €0
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€1,985
up €1,985 (+20.8%), from €9,564 to €11,549
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 | €173,591 | €172,263 | -€1,327 | -0.8% |
| Fixed assets | 21/28 | €139,759 | €130,172 | -€9,587 | -6.9% |
| Tangible fixed assets | 22/27 | €139,759 | €130,172 | -€9,587 | -6.9% |
| Land and buildings | 22 | €127,730 | €120,898 | -€6,832 | -5.3% |
| Plant, machinery and equipment | 23 | €12,028 | €9,273 | -€2,755 | -22.9% |
| Current assets | 29/58 | €33,832 | €42,092 | +€8,259 | +24.4% |
| Amounts receivable within one year | 40/41 | €3,245 | €0 | -€3,245 | -100.0% |
| Other amounts receivable | 41 | €3,245 | €0 | -€3,245 | -100.0% |
| Cash at bank and in hand | 54/58 | €28,189 | €39,652 | +€11,463 | +40.7% |
| Deferred charges and accrued income | 490/1 | €2,398 | €2,440 | +€42 | +1.7% |
| Total equity and liabilities | 10/49 | €173,591 | €172,263 | -€1,327 | -0.8% |
| Equity | 10/15 | €96,697 | €95,025 | -€1,672 | -1.7% |
| Contributions | 10/11 | €334,656 | €334,656 | = | 0.0% |
| Capital | 10 | €334,656 | €334,656 | = | 0.0% |
| Issued capital | 100 | €334,656 | €334,656 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€237,960 | -€239,632 | -€1,672 | -0.7% |
| Amounts payable | 17/49 | €76,894 | €77,239 | +€344 | +0.4% |
| Amounts payable within one year | 42/48 | €76,894 | €77,239 | +€344 | +0.4% |
| Trade debts | 44 | €245 | €590 | +€344 | +140.4% |
| Suppliers | 440/4 | €245 | €590 | +€344 | +140.4% |
| Other amounts payable | 47/48 | €76,649 | €76,649 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,587 | €9,587 | = | 0.0% |
| Other operating charges | 640/8 | €3,017 | €3,112 | +€95 | +3.2% |
| Gross operating margin | 9900 | €9,564 | €11,549 | +€1,985 | +20.8% |
| Operating profit (loss) | 9901 | -€3,040 | -€1,150 | +€1,890 | +62.2% |
| Financial charges | 65/66B | €511 | €522 | +€11 | +2.1% |
| Recurring financial charges | 65 | €511 | €522 | +€11 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,551 | -€1,672 | +€1,879 | +52.9% |
| Profit (loss) for the period | 9904 | -€3,551 | -€1,672 | +€1,879 | +52.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,551 | -€1,672 | +€1,879 | +52.9% |
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 11 October 2026 via checked.be.