IMMOSIC: 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.
IMMOSIC
Largest movements
- Tangible fixed assets +€765,475
up €765,475 (+78.3%), from €977,056 to €1.7m
- Debts after one year +€531,952
up €531,952 (+89.4%), from €595,345 to €1.1m
- Other debts +€82,200
up €82,200 (+35.0%), from €234,805 to €317,005
- Profit (loss) carried forward +€60,698
up €60,698 (+19.1%), from €318,454 to €379,152
- Current portion of long-term debt +€58,548
up €58,548 (+83.4%), from €70,195 to €128,743
- Tax, wage and social debts +€22,096
up €22,096 (+134.8%), from €16,394 to €38,490
- Turnover -€194,247
no longer reported in 2025 (was €194,247)
- Other operating charges -€22,482
down €22,482 (-50.1%), from €44,874 to €22,392
- Financial charges +€16,639
up €16,639 (+57.9%), from €28,759 to €45,398
of which Financial charges: +€11,937
- Depreciation +€10,650
up €10,650 (+37.7%), from €28,250 to €38,900
- Financial income +€10,355
new in 2025: €10,355
of which Non-recurring financial income: +€9,628
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 | €1,299,560 | €2,059,165 | +€759,605 | +58.5% |
| Fixed assets | 21/28 | €977,056 | €1,742,531 | +€765,475 | +78.3% |
| Tangible fixed assets | 22/27 | €977,056 | €1,742,531 | +€765,475 | +78.3% |
| Land and buildings | 22 | €977,056 | €1,742,531 | +€765,475 | +78.3% |
| Current assets | 29/58 | €322,504 | €316,634 | -€5,870 | -1.8% |
| Amounts receivable within one year | 40/41 | €220,705 | €233,705 | +€13,000 | +5.9% |
| Other amounts receivable | 41 | €220,705 | €233,705 | +€13,000 | +5.9% |
| Current investments | 50/53 | €100,000 | €79,942 | -€20,058 | -20.1% |
| Cash at bank and in hand | 54/58 | €1,101 | €1,988 | +€887 | +80.6% |
| Deferred charges and accrued income | 490/1 | €698 | €999 | +€301 | +43.1% |
| Total equity and liabilities | 10/49 | €1,299,560 | €2,059,165 | +€759,605 | +58.5% |
| Equity | 10/15 | €369,292 | €428,344 | +€59,052 | +16.0% |
| Contributions | 10/11 | €24,789 | €24,789 | -€0 | 0.0% |
| Reserves | 13 | €26,049 | €24,403 | -€1,646 | -6.3% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | +€0 | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | +€0 | 0.0% |
| Tax-exempt reserves | 132 | €23,570 | €21,924 | -€1,646 | -7.0% |
| Profit (loss) carried forward | 14 | €318,454 | €379,152 | +€60,698 | +19.1% |
| Provisions and deferred taxes | 16 | €12,137 | €11,289 | -€848 | -7.0% |
| Deferred taxes | 168 | €12,137 | €11,289 | -€848 | -7.0% |
| Amounts payable | 17/49 | €918,131 | €1,619,532 | +€701,401 | +76.4% |
| Amounts payable after more than one year | 17 | €595,345 | €1,127,297 | +€531,952 | +89.4% |
| Financial debts | 170/4 | €595,345 | €1,127,297 | +€531,952 | +89.4% |
| Amounts payable within one year | 42/48 | €322,785 | €492,235 | +€169,450 | +52.5% |
| Current portion of amounts payable after more than one year | 42 | €70,195 | €128,743 | +€58,548 | +83.4% |
| Financial debts | 43 | €15 | €15 | -€0 | -2.7% |
| Credit institutions | 430/8 | €15 | €15 | -€0 | -2.7% |
| Trade debts | 44 | €1,376 | €7,982 | +€6,606 | +480.3% |
| Suppliers | 440/4 | €1,376 | €7,982 | +€6,606 | +480.3% |
| Taxes, remuneration and social security | 45 | €16,394 | €38,490 | +€22,096 | +134.8% |
| Taxes | 450/3 | €16,394 | €38,490 | +€22,096 | +134.8% |
| Other amounts payable | 47/48 | €234,805 | €317,005 | +€82,200 | +35.0% |
| Turnover | 70 | €194,247 | - | -€194,247 | |
| Goods, raw materials, services and sundry goods | 60/61 | €9,686 | - | -€9,686 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,250 | €38,900 | +€10,650 | +37.7% |
| Other operating charges | 640/8 | €44,874 | €22,392 | -€22,482 | -50.1% |
| Gross operating margin | 9900 | €184,561 | €176,636 | -€7,925 | -4.3% |
| Operating profit (loss) | 9901 | €111,436 | €115,344 | +€3,908 | +3.5% |
| Financial income | 75/76B | - | €10,355 | +€10,355 | |
| Recurring financial income | 75 | - | €727 | +€727 | |
| Non-recurring financial income | 76B | - | €9,628 | +€9,628 | |
| Financial charges | 65/66B | €28,759 | €45,398 | +€16,639 | +57.9% |
| Recurring financial charges | 65 | €28,759 | €40,696 | +€11,937 | +41.5% |
| Non-recurring financial charges | 66B | - | €4,702 | +€4,702 | |
| Profit (loss) for the period before taxes | 9903 | €82,678 | €80,301 | -€2,377 | -2.9% |
| Transfer from deferred taxes | 780 | €848 | €848 | +€0 | 0.0% |
| Income taxes | 67/77 | €16,394 | €22,096 | +€5,702 | +34.8% |
| Profit (loss) for the period | 9904 | €67,131 | €59,053 | -€8,078 | -12.0% |
| Transfer from tax-exempt reserves | 789 | €1,646 | €1,646 | -€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €68,777 | €60,699 | -€8,078 | -11.7% |
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.