Immos-P: 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.
Immos-P
Largest movements
- Stocks and contracts -€264,598
down €264,598 (-57.9%), from €456,606 to €192,007
- Tangible fixed assets +€264,512
up €264,512 (+162%), from €163,423 to €427,935
of which Land and buildings: +€264,654
- Cash +€29,821
up €29,821 (+194%), from €15,382 to €45,203
mainly Stocks and contracts (+€264,598) and Net result for the year (+€84,560)
- Reserves +€84,560
up €84,560 (+18.7%), from €452,694 to €537,253
- Other debts -€81,799
down €81,799 (-78.1%), from €104,711 to €22,911
- Tax, wage and social debts +€17,252
up €17,252 (+121%), from €14,266 to €31,519
- Trade debts +€10,765
up €10,765 (+6,074%), from €177 to €10,942
- Gross operating margin +€70,181
up €70,181 (+103%), from €68,456 to €138,637
- Taxes +€20,990
up €20,990 (+106%), from €19,776 to €40,766
- Depreciation +€7,214
up €7,214 (+123%), from €5,851 to €13,065
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 | €641,848 | €672,625 | +€30,778 | +4.8% |
| Fixed assets | 21/28 | €163,423 | €427,935 | +€264,512 | +162% |
| Tangible fixed assets | 22/27 | €163,423 | €427,935 | +€264,512 | +162% |
| Land and buildings | 22 | €163,281 | €427,935 | +€264,654 | +162% |
| Plant, machinery and equipment | 23 | €142 | €0 | -€142 | -100% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €478,425 | €244,690 | -€233,734 | -48.9% |
| Stocks and contracts in progress | 3 | €456,606 | €192,007 | -€264,598 | -57.9% |
| Stocks | 30/36 | €456,606 | €192,007 | -€264,598 | -57.9% |
| Amounts receivable within one year | 40/41 | €6,436 | €7,480 | +€1,043 | +16.2% |
| Trade receivables | 40 | €6,083 | €7,138 | +€1,055 | +17.3% |
| Other amounts receivable | 41 | €353 | €341 | -€12 | -3.3% |
| Cash at bank and in hand | 54/58 | €15,382 | €45,203 | +€29,821 | +194% |
| Total equity and liabilities | 10/49 | €641,848 | €672,625 | +€30,778 | +4.8% |
| Equity | 10/15 | €522,694 | €607,253 | +€84,560 | +16.2% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €452,694 | €537,253 | +€84,560 | +18.7% |
| Distributable reserves | 133 | €452,694 | €537,253 | +€84,560 | +18.7% |
| Amounts payable | 17/49 | €119,154 | €65,372 | -€53,782 | -45.1% |
| Amounts payable within one year | 42/48 | €119,154 | €65,372 | -€53,782 | -45.1% |
| Trade debts | 44 | €177 | €10,942 | +€10,765 | +6,074% |
| Suppliers | 440/4 | €177 | €10,942 | +€10,765 | +6,074% |
| Taxes, remuneration and social security | 45 | €14,266 | €31,519 | +€17,252 | +121% |
| Taxes | 450/3 | €14,266 | €31,519 | +€17,252 | +121% |
| Other amounts payable | 47/48 | €104,711 | €22,911 | -€81,799 | -78.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,851 | €13,065 | +€7,214 | +123% |
| Other operating charges | 640/8 | €649 | €462 | -€188 | -28.9% |
| Gross operating margin | 9900 | €68,456 | €138,637 | +€70,181 | +103% |
| Operating profit (loss) | 9901 | €61,956 | €125,110 | +€63,155 | +102% |
| Financial income | 75/76B | €393 | €256 | -€137 | -34.9% |
| Recurring financial income | 75 | €393 | €256 | -€137 | -34.9% |
| Financial charges | 65/66B | €44 | €41 | -€3 | -6.4% |
| Recurring financial charges | 65 | €44 | €41 | -€3 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €62,306 | €125,326 | +€63,020 | +101% |
| Income taxes | 67/77 | €19,776 | €40,766 | +€20,990 | +106% |
| Profit (loss) for the period | 9904 | €42,529 | €84,560 | +€42,030 | +98.8% |
| Profit (loss) for the period to be appropriated | 9905 | €42,529 | €84,560 | +€42,030 | +98.8% |
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.