IMMOSOMME: 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.
IMMOSOMME
Largest movements
- Current investments +€350,000
new in 2025: €350,000
- Receivables within one year -€170,119
down €170,119 (-81.5%), from €208,659 to €38,540
of which Other amounts receivable: -€155,619
- Deferred charges and accrued income +€168,497
up €168,497 (+12,868%), from €1,309 to €169,807
- Cash +€114,985
up €114,985 (+927%), from €12,398 to €127,383
mainly Other debts (+€337,704) and Net result for the year (+€188,325)
- Tangible fixed assets -€36,541
down €36,541 (-20.0%), from €182,401 to €145,860
of which Furniture and vehicles: -€21,676
- Other debts +€337,704
up €337,704 (+1,950%), from €17,317 to €355,021
- Reserves +€150,800
up €150,800 (+46.0%), from €328,145 to €478,945
of which Distributable reserves: +€150,800
- Trade debts -€48,315
down €48,315 (-77.5%), from €62,304 to €13,989
- Tax, wage and social debts +€14,787
up €14,787 (+37.2%), from €39,773 to €54,559
of which Taxes: +€12,587
- Debts after one year -€14,000
down €14,000 (-27.9%), from €50,167 to €36,167
- Financial income +€169,527
up €169,527 (+18,215%), from €931 to €170,458
- Taxes +€13,195
up €13,195 (+77.4%), from €17,042 to €30,237
- Gross operating margin -€5,114
down €5,114 (-5.3%), from €96,612 to €91,497
- Depreciation +€2,898
up €2,898 (+8.8%), from €33,046 to €35,943
- Financial charges +€1,314
up €1,314 (+44.0%), from €2,984 to €4,298
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 | €613,617 | €1,051,645 | +€438,028 | +71.4% |
| Fixed assets | 21/28 | €322,401 | €285,860 | -€36,541 | -11.3% |
| Tangible fixed assets | 22/27 | €182,401 | €145,860 | -€36,541 | -20.0% |
| Land and buildings | 22 | €60,756 | €53,510 | -€7,246 | -11.9% |
| Plant, machinery and equipment | 23 | €40,505 | €32,887 | -€7,619 | -18.8% |
| Furniture and vehicles | 24 | €81,140 | €59,463 | -€21,676 | -26.7% |
| Financial fixed assets | 28 | €140,000 | €140,000 | = | 0.0% |
| Current assets | 29/58 | €291,216 | €765,784 | +€474,568 | +163% |
| Stocks and contracts in progress | 3 | €68,850 | €80,055 | +€11,205 | +16.3% |
| Stocks | 30/36 | €68,850 | €80,055 | +€11,205 | +16.3% |
| Amounts receivable within one year | 40/41 | €208,659 | €38,540 | -€170,119 | -81.5% |
| Trade receivables | 40 | €53,040 | €38,540 | -€14,500 | -27.3% |
| Other amounts receivable | 41 | €155,619 | €0 | -€155,619 | -100% |
| Current investments | 50/53 | - | €350,000 | +€350,000 | |
| Cash at bank and in hand | 54/58 | €12,398 | €127,383 | +€114,985 | +927% |
| Deferred charges and accrued income | 490/1 | €1,309 | €169,807 | +€168,497 | +12,868% |
| Total equity and liabilities | 10/49 | €613,617 | €1,051,645 | +€438,028 | +71.4% |
| Equity | 10/15 | €419,937 | €570,405 | +€150,468 | +35.8% |
| Contributions | 10/11 | €85,000 | €85,000 | = | 0.0% |
| Reserves | 13 | €328,145 | €478,945 | +€150,800 | +46.0% |
| Tax-exempt reserves | 132 | €28,795 | €28,795 | = | 0.0% |
| Distributable reserves | 133 | €299,350 | €450,150 | +€150,800 | +50.4% |
| Profit (loss) carried forward | 14 | €3,904 | €3,928 | +€25 | +0.6% |
| Investment grants | 15 | €2,889 | €2,532 | -€357 | -12.3% |
| Amounts payable | 17/49 | €193,680 | €481,240 | +€287,560 | +148% |
| Amounts payable after more than one year | 17 | €50,167 | €36,167 | -€14,000 | -27.9% |
| Financial debts | 170/4 | €50,167 | €36,167 | -€14,000 | -27.9% |
| Amounts payable within one year | 42/48 | €137,696 | €442,584 | +€304,887 | +221% |
| Current portion of amounts payable after more than one year | 42 | €18,302 | €19,014 | +€712 | +3.9% |
| Trade debts | 44 | €62,304 | €13,989 | -€48,315 | -77.5% |
| Suppliers | 440/4 | €62,304 | €13,989 | -€48,315 | -77.5% |
| Taxes, remuneration and social security | 45 | €39,773 | €54,559 | +€14,787 | +37.2% |
| Taxes | 450/3 | €39,773 | €52,359 | +€12,587 | +31.6% |
| Remuneration and social security | 454/9 | - | €2,200 | +€2,200 | |
| Other amounts payable | 47/48 | €17,317 | €355,021 | +€337,704 | +1,950% |
| Accrued charges and deferred income | 492/3 | €5,817 | €2,489 | -€3,328 | -57.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,046 | €35,943 | +€2,898 | +8.8% |
| Other operating charges | 640/8 | €3,854 | €2,555 | -€1,300 | -33.7% |
| Non-recurring operating charges | 66A | €0 | €597 | +€597 | |
| Gross operating margin | 9900 | €96,612 | €91,497 | -€5,114 | -5.3% |
| Operating profit (loss) | 9901 | €59,711 | €52,402 | -€7,309 | -12.2% |
| Financial income | 75/76B | €931 | €170,458 | +€169,527 | +18,215% |
| Recurring financial income | 75 | €931 | €170,458 | +€169,527 | +18,215% |
| Financial charges | 65/66B | €2,984 | €4,298 | +€1,314 | +44.0% |
| Recurring financial charges | 65 | €2,984 | €4,298 | +€1,314 | +44.0% |
| Profit (loss) for the period before taxes | 9903 | €57,658 | €218,562 | +€160,904 | +279% |
| Income taxes | 67/77 | €17,042 | €30,237 | +€13,195 | +77.4% |
| Profit (loss) for the period | 9904 | €40,616 | €188,325 | +€147,709 | +364% |
| Profit (loss) for the period to be appropriated | 9905 | €40,616 | €188,325 | +€147,709 | +364% |
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 26 October 2026 via checked.be.