Immosign+: 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.
Immosign+
Largest movements
- Current investments +€317,500
up €317,500 (+102%), from €310,000 to €627,500
- Cash -€134,906
down €134,906 (-45.2%), from €298,168 to €163,262
mainly Current investments (-€317,500) and Debts after one year (-€7,926)
- Tangible fixed assets -€18,826
down €18,826 (-21.3%), from €88,481 to €69,656
of which Other tangible fixed assets: -€14,269
- Receivables within one year -€18,280
down €18,280 (-65.6%), from €27,875 to €9,595
of which Other amounts receivable: -€9,336
- Reserves +€135,794
up €135,794 (+21.0%), from €646,383 to €782,177
- Short-term financial debts +€20,182
new in 2025: €20,182
- Staff costs +€15,129
up €15,129 (+46.3%), from €32,700 to €47,829
- Taxes -€7,547
down €7,547 (-11.4%), from €66,152 to €58,605
- Financial income -€7,129
down €7,129 (-59.1%), from €12,066 to €4,937
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 | €734,081 | €885,957 | +€151,876 | +20.7% |
| Fixed assets | 21/28 | €88,481 | €69,656 | -€18,826 | -21.3% |
| Tangible fixed assets | 22/27 | €88,481 | €69,656 | -€18,826 | -21.3% |
| Furniture and vehicles | 24 | €8,408 | €3,852 | -€4,557 | -54.2% |
| Other tangible fixed assets | 26 | €80,073 | €65,804 | -€14,269 | -17.8% |
| Current assets | 29/58 | €645,600 | €816,301 | +€170,701 | +26.4% |
| Amounts receivable within one year | 40/41 | €27,875 | €9,595 | -€18,280 | -65.6% |
| Trade receivables | 40 | €12,998 | €4,054 | -€8,944 | -68.8% |
| Other amounts receivable | 41 | €14,877 | €5,541 | -€9,336 | -62.8% |
| Current investments | 50/53 | €310,000 | €627,500 | +€317,500 | +102% |
| Cash at bank and in hand | 54/58 | €298,168 | €163,262 | -€134,906 | -45.2% |
| Deferred charges and accrued income | 490/1 | €9,557 | €15,945 | +€6,388 | +66.8% |
| Total equity and liabilities | 10/49 | €734,081 | €885,957 | +€151,876 | +20.7% |
| Equity | 10/15 | €656,383 | €792,177 | +€135,794 | +20.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €646,383 | €782,177 | +€135,794 | +21.0% |
| Distributable reserves | 133 | €646,383 | €782,177 | +€135,794 | +21.0% |
| Amounts payable | 17/49 | €77,698 | €93,780 | +€16,082 | +20.7% |
| Amounts payable after more than one year | 17 | €42,346 | €34,420 | -€7,926 | -18.7% |
| Financial debts | 170/4 | €42,346 | €34,420 | -€7,926 | -18.7% |
| Amounts payable within one year | 42/48 | €35,352 | €59,361 | +€24,008 | +67.9% |
| Current portion of amounts payable after more than one year | 42 | €8,305 | €7,926 | -€378 | -4.6% |
| Financial debts | 43 | - | €20,182 | +€20,182 | |
| Credit institutions | 430/8 | - | €20,182 | +€20,182 | |
| Trade debts | 44 | €15,130 | €20,116 | +€4,986 | +33.0% |
| Suppliers | 440/4 | €15,130 | €20,116 | +€4,986 | +33.0% |
| Advances received on contracts in progress | 46 | €1,524 | - | -€1,524 | |
| Taxes, remuneration and social security | 45 | €6,755 | €9,128 | +€2,373 | +35.1% |
| Taxes | 450/3 | €3,625 | €4,766 | +€1,141 | +31.5% |
| Remuneration and social security | 454/9 | €3,130 | €4,362 | +€1,232 | +39.4% |
| Other amounts payable | 47/48 | €3,638 | €2,008 | -€1,630 | -44.8% |
| Remuneration, social security and pensions | 62 | €32,700 | €47,829 | +€15,129 | +46.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,943 | €18,826 | -€118 | -0.6% |
| Other operating charges | 640/8 | €3,148 | €1,771 | -€1,377 | -43.7% |
| Gross operating margin | 9900 | €263,038 | €260,776 | -€2,262 | -0.9% |
| Operating profit (loss) | 9901 | €208,247 | €192,350 | -€15,897 | -7.6% |
| Financial income | 75/76B | €12,066 | €4,937 | -€7,129 | -59.1% |
| Recurring financial income | 75 | €12,066 | €4,937 | -€7,129 | -59.1% |
| Financial charges | 65/66B | €1,588 | €2,030 | +€442 | +27.8% |
| Recurring financial charges | 65 | €1,588 | €2,030 | +€442 | +27.8% |
| Profit (loss) for the period before taxes | 9903 | €218,725 | €195,258 | -€23,468 | -10.7% |
| Income taxes | 67/77 | €66,152 | €58,605 | -€7,547 | -11.4% |
| Profit (loss) for the period | 9904 | €152,574 | €136,653 | -€15,921 | -10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €152,574 | €136,653 | -€15,921 | -10.4% |
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 14 October 2026 via checked.be.