IMMOSFEER: what changed
IMMOSFEER
Largest movements
- Current investments +€18,000
up €18,000 (+600%), from €3,000 to €21,000
- Cash -€12,753
down €12,753 (-24.8%), from €51,463 to €38,710
mainly Contributions, distributions and other (-€34,035) and Current investments (-€18,000)
- Receivables within one year -€2,840
down €2,840 (-14.3%), from €19,857 to €17,016
of which Other amounts receivable: -€3,007
- Tangible fixed assets -€2,353
down €2,353 (-30.2%), from €7,786 to €5,433
- Profit (loss) carried forward -€2,564
down €2,564 (-7.5%), from €34,035 to €31,471
- Tax, wage and social debts +€2,202
up €2,202 (+15.1%), from €14,583 to €16,785
- Other debts +€870
up €870 (+29.1%), from €2,987 to €3,857
- Taxes +€5,095
up €5,095 (+101%), from €5,052 to €10,147
- Gross operating margin +€3,805
up €3,805 (+9.2%), from €41,355 to €45,160
- Depreciation +€1,528
up €1,528 (+80.4%), from €1,899 to €3,427
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €82,106 | €82,261 | +€155 | +0.2% |
| Fixed assets | 21/28 | €7,786 | €5,433 | -€2,353 | -30.2% |
| Tangible fixed assets | 22/27 | €7,786 | €5,433 | -€2,353 | -30.2% |
| Plant, machinery and equipment | 23 | €7,786 | €5,433 | -€2,353 | -30.2% |
| Current assets | 29/58 | €74,320 | €76,828 | +€2,508 | +3.4% |
| Amounts receivable within one year | 40/41 | €19,857 | €17,016 | -€2,840 | -14.3% |
| Trade receivables | 40 | €12,583 | €12,750 | +€167 | +1.3% |
| Other amounts receivable | 41 | €7,273 | €4,266 | -€3,007 | -41.3% |
| Current investments | 50/53 | €3,000 | €21,000 | +€18,000 | +600% |
| Cash at bank and in hand | 54/58 | €51,463 | €38,710 | -€12,753 | -24.8% |
| Deferred charges and accrued income | 490/1 | - | €102 | +€102 | |
| Total equity and liabilities | 10/49 | €82,106 | €82,261 | +€155 | +0.2% |
| Equity | 10/15 | €62,974 | €60,411 | -€2,564 | -4.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €25,940 | €25,940 | = | 0.0% |
| Distributable reserves | 133 | €25,940 | €25,940 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,035 | €31,471 | -€2,564 | -7.5% |
| Amounts payable | 17/49 | €19,132 | €21,850 | +€2,718 | +14.2% |
| Amounts payable within one year | 42/48 | €19,132 | €21,850 | +€2,718 | +14.2% |
| Trade debts | 44 | €1,563 | €1,208 | -€354 | -22.7% |
| Suppliers | 440/4 | €1,563 | €1,208 | -€354 | -22.7% |
| Taxes, remuneration and social security | 45 | €14,583 | €16,785 | +€2,202 | +15.1% |
| Taxes | 450/3 | €14,583 | €16,785 | +€2,202 | +15.1% |
| Other amounts payable | 47/48 | €2,987 | €3,857 | +€870 | +29.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,899 | €3,427 | +€1,528 | +80.4% |
| Other operating charges | 640/8 | €190 | €83 | -€107 | -56.3% |
| Gross operating margin | 9900 | €41,355 | €45,160 | +€3,805 | +9.2% |
| Operating profit (loss) | 9901 | €39,266 | €41,650 | +€2,384 | +6.1% |
| Financial charges | 65/66B | €180 | €32 | -€147 | -82.0% |
| Recurring financial charges | 65 | €180 | €32 | -€147 | -82.0% |
| Profit (loss) for the period before taxes | 9903 | €39,086 | €41,618 | +€2,532 | +6.5% |
| Income taxes | 67/77 | €5,052 | €10,147 | +€5,095 | +101% |
| Profit (loss) for the period | 9904 | €34,035 | €31,471 | -€2,564 | -7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,035 | €31,471 | -€2,564 | -7.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.