IMMOSABE: what changed
Two fiscal 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.
IMMOSABE
Largest movements
- Tangible fixed assets -€14,976
down €14,976 (-2.8%), from €543,746 to €528,770
- Cash -€13,520
down €13,520 (-39.9%), from €33,873 to €20,353
mainly Other debts (-€24,877) and Net result for the year (-€2,626)
- Other debts -€24,877
down €24,877 (-5.0%), from €499,797 to €474,920
- Depreciation +€1,669
up €1,669 (+12.5%), from €13,307 to €14,976
- Gross operating margin +€259
up €259 (+1.7%), from €15,431 to €15,691
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 | €581,586 | €553,138 | -€28,447 | -4.9% |
| Fixed assets | 21/28 | €544,490 | €529,514 | -€14,976 | -2.8% |
| Tangible fixed assets | 22/27 | €543,746 | €528,770 | -€14,976 | -2.8% |
| Land and buildings | 22 | €543,746 | €528,770 | -€14,976 | -2.8% |
| Financial fixed assets | 28 | €744 | €744 | = | 0.0% |
| Current assets | 29/58 | €37,096 | €23,625 | -€13,471 | -36.3% |
| Amounts receivable within one year | 40/41 | €1,928 | €1,928 | = | 0.0% |
| Trade receivables | 40 | €1,928 | €1,928 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €33,873 | €20,353 | -€13,520 | -39.9% |
| Deferred charges and accrued income | 490/1 | €1,295 | €1,343 | +€49 | +3.8% |
| Total equity and liabilities | 10/49 | €581,586 | €553,138 | -€28,447 | -4.9% |
| Equity | 10/15 | €80,572 | €77,945 | -€2,626 | -3.3% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,572 | €2,945 | -€2,626 | -47.1% |
| Amounts payable | 17/49 | €501,014 | €475,193 | -€25,821 | -5.2% |
| Amounts payable within one year | 42/48 | €501,014 | €475,193 | -€25,821 | -5.2% |
| Trade debts | 44 | €637 | €237 | -€400 | -62.8% |
| Suppliers | 440/4 | €637 | €237 | -€400 | -62.8% |
| Taxes, remuneration and social security | 45 | €580 | €36 | -€544 | -93.8% |
| Taxes | 450/3 | €580 | €36 | -€544 | -93.8% |
| Other amounts payable | 47/48 | €499,797 | €474,920 | -€24,877 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,307 | €14,976 | +€1,669 | +12.5% |
| Other operating charges | 640/8 | €3,093 | €3,191 | +€98 | +3.2% |
| Gross operating margin | 9900 | €15,431 | €15,691 | +€259 | +1.7% |
| Operating profit (loss) | 9901 | -€969 | -€2,476 | -€1,508 | -155.6% |
| Financial charges | 65/66B | €135 | €150 | +€15 | +11.1% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,104 | -€2,626 | -€1,523 | -138.0% |
| Profit (loss) for the period | 9904 | -€1,104 | -€2,626 | -€1,523 | -138.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,104 | -€2,626 | -€1,523 | -138.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.