IMMOSKIN: 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.
IMMOSKIN
Largest movements
- Tangible fixed assets -€24,470
down €24,470 (-5.6%), from €438,857 to €414,387
of which Land and buildings: -€26,698
- Cash +€21,785
up €21,785 (+123%), from €17,675 to €39,460
mainly Net result for the year (+€54,668) and Depreciation (+€27,757)
- Deferred charges and accrued income +€8,656
up €8,656 (+416%), from €2,083 to €10,739
- Profit (loss) carried forward +€54,668
up €54,668 (+88.9%), from -€61,486 to -€6,818
- Other debts -€37,736
down €37,736 (-20.1%), from €188,076 to €150,340
- Debts after one year -€14,910
down €14,910 (-4.8%), from €313,229 to €298,319
- Gross operating margin +€39,976
up €39,976 (+66.8%), from €59,884 to €99,860
- Financial charges -€2,247
down €2,247 (-13.1%), from €17,195 to €14,948
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €458,615 | €464,586 | +€5,971 | +1.3% |
| Fixed assets | 21/28 | €438,857 | €414,387 | -€24,470 | -5.6% |
| Tangible fixed assets | 22/27 | €438,857 | €414,387 | -€24,470 | -5.6% |
| Land and buildings | 22 | €437,521 | €410,823 | -€26,698 | -6.1% |
| Plant, machinery and equipment | 23 | - | €2,630 | +€2,630 | |
| Furniture and vehicles | 24 | €1,336 | €934 | -€402 | -30.1% |
| Current assets | 29/58 | €19,758 | €50,199 | +€30,441 | +154% |
| Cash at bank and in hand | 54/58 | €17,675 | €39,460 | +€21,785 | +123% |
| Deferred charges and accrued income | 490/1 | €2,083 | €10,739 | +€8,656 | +416% |
| Total equity and liabilities | 10/49 | €458,615 | €464,586 | +€5,971 | +1.3% |
| Equity | 10/15 | -€58,486 | -€3,818 | +€54,668 | +93.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,486 | -€6,818 | +€54,668 | +88.9% |
| Amounts payable | 17/49 | €517,101 | €468,404 | -€48,698 | -9.4% |
| Amounts payable after more than one year | 17 | €313,229 | €298,319 | -€14,910 | -4.8% |
| Financial debts | 170/4 | €313,229 | €298,319 | -€14,910 | -4.8% |
| Amounts payable within one year | 42/48 | €203,873 | €170,085 | -€33,788 | -16.6% |
| Current portion of amounts payable after more than one year | 42 | €14,493 | €14,910 | +€417 | +2.9% |
| Trade debts | 44 | €1,304 | €4,835 | +€3,531 | +271% |
| Suppliers | 440/4 | €1,304 | €4,835 | +€3,531 | +271% |
| Other amounts payable | 47/48 | €188,076 | €150,340 | -€37,736 | -20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,100 | €27,757 | +€657 | +2.4% |
| Other operating charges | 640/8 | €2,144 | €2,487 | +€343 | +16.0% |
| Gross operating margin | 9900 | €59,884 | €99,860 | +€39,976 | +66.8% |
| Operating profit (loss) | 9901 | €30,640 | €69,616 | +€38,976 | +127% |
| Financial charges | 65/66B | €17,195 | €14,948 | -€2,247 | -13.1% |
| Recurring financial charges | 65 | €17,195 | €14,948 | -€2,247 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €13,445 | €54,668 | +€41,223 | +307% |
| Profit (loss) for the period | 9904 | €13,445 | €54,668 | +€41,223 | +307% |
| Profit (loss) for the period to be appropriated | 9905 | €13,445 | €54,668 | +€41,223 | +307% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.