IMMOSANTI: 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.
IMMOSANTI
Largest movements
- Stocks and contracts -€123,251
down €123,251 (-33.5%), from €367,873 to €244,622
- Cash +€18,817
up €18,817 (+6,346%), from €297 to €19,113
mainly Stocks and contracts (+€123,251) and Other debts (+€70,137)
- Deferred charges and accrued income +€12,476
up €12,476 (+3,496%), from €357 to €12,833
- Tangible fixed assets -€8,023
down €8,023 (-10.1%), from €79,091 to €71,068
of which Furniture and vehicles: -€4,858
- Short-term financial debts -€115,000
down €115,000 (-100%), from €115,000 to €0
- Debts after one year -€83,199
down €83,199 (-22.6%), from €368,823 to €285,624
of which Financial debts: -€96,499
- Other debts +€70,137
up €70,137 (+3,239%), from €2,166 to €72,302
- Profit (loss) carried forward +€32,316
up €32,316 (+60.5%), from -€53,448 to -€21,132
- Current portion of long-term debt -€6,504
down €6,504 (-61.7%), from €10,544 to €4,039
- Gross operating margin +€63,642
up €63,642, from -€9,060 to €54,582
- Depreciation -€7,341
down €7,341 (-56.9%), from €12,906 to €5,565
- Financial charges +€1,756
up €1,756 (+14.4%), from €12,166 to €13,923
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 | €447,713 | €348,064 | -€99,649 | -22.3% |
| Fixed assets | 21/28 | €79,091 | €71,068 | -€8,023 | -10.1% |
| Tangible fixed assets | 22/27 | €79,091 | €71,068 | -€8,023 | -10.1% |
| Land and buildings | 22 | €64,404 | €61,733 | -€2,671 | -4.1% |
| Plant, machinery and equipment | 23 | €1,991 | €1,497 | -€494 | -24.8% |
| Furniture and vehicles | 24 | €12,696 | €7,838 | -€4,858 | -38.3% |
| Current assets | 29/58 | €368,622 | €276,996 | -€91,627 | -24.9% |
| Stocks and contracts in progress | 3 | €367,873 | €244,622 | -€123,251 | -33.5% |
| Stocks | 30/36 | €367,873 | €244,622 | -€123,251 | -33.5% |
| Amounts receivable within one year | 40/41 | €96 | €428 | +€332 | +347% |
| Trade receivables | 40 | - | €250 | +€250 | |
| Other amounts receivable | 41 | €96 | €178 | +€82 | +85.9% |
| Cash at bank and in hand | 54/58 | €297 | €19,113 | +€18,817 | +6,346% |
| Deferred charges and accrued income | 490/1 | €357 | €12,833 | +€12,476 | +3,496% |
| Total equity and liabilities | 10/49 | €447,713 | €348,064 | -€99,649 | -22.3% |
| Equity | 10/15 | -€50,448 | -€18,132 | +€32,316 | +64.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,448 | -€21,132 | +€32,316 | +60.5% |
| Amounts payable | 17/49 | €498,161 | €366,196 | -€131,966 | -26.5% |
| Amounts payable after more than one year | 17 | €368,823 | €285,624 | -€83,199 | -22.6% |
| Financial debts | 170/4 | €164,823 | €68,324 | -€96,499 | -58.5% |
| Other amounts payable | 178/9 | €204,000 | €217,300 | +€13,300 | +6.5% |
| Amounts payable within one year | 42/48 | €129,338 | €80,571 | -€48,767 | -37.7% |
| Current portion of amounts payable after more than one year | 42 | €10,544 | €4,039 | -€6,504 | -61.7% |
| Financial debts | 43 | €115,000 | €0 | -€115,000 | -100% |
| Credit institutions | 430/8 | €115,000 | €0 | -€115,000 | -100% |
| Trade debts | 44 | €1,250 | €4,180 | +€2,930 | +234% |
| Suppliers | 440/4 | €1,250 | €4,180 | +€2,930 | +234% |
| Taxes, remuneration and social security | 45 | €379 | €50 | -€329 | -86.9% |
| Taxes | 450/3 | €379 | €50 | -€329 | -86.9% |
| Other amounts payable | 47/48 | €2,166 | €72,302 | +€70,137 | +3,239% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,906 | €5,565 | -€7,341 | -56.9% |
| Other operating charges | 640/8 | €1,393 | €1,504 | +€111 | +8.0% |
| Non-recurring operating charges | 66A | - | €1,613 | +€1,613 | |
| Gross operating margin | 9900 | -€9,060 | €54,582 | +€63,642 | |
| Operating profit (loss) | 9901 | -€23,360 | €45,900 | +€69,259 | |
| Financial income | 75/76B | €293 | €389 | +€96 | +32.7% |
| Recurring financial income | 75 | €293 | €389 | +€96 | +32.7% |
| Financial charges | 65/66B | €12,166 | €13,923 | +€1,756 | +14.4% |
| Recurring financial charges | 65 | €12,166 | €13,923 | +€1,756 | +14.4% |
| Profit (loss) for the period before taxes | 9903 | -€35,233 | €32,366 | +€67,599 | |
| Income taxes | 67/77 | - | €50 | +€50 | |
| Profit (loss) for the period | 9904 | -€35,233 | €32,316 | +€67,549 | |
| Profit (loss) for the period to be appropriated | 9905 | -€35,233 | €32,316 | +€67,549 |
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 31 October 2026 via checked.be.