IMMOSPHAERA: 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.
IMMOSPHAERA
Largest movements
- Cash +€44,022
up €44,022 (+29.2%), from €150,549 to €194,571
mainly Other debts (+€199,372) and Net result for the year (+€40,311)
- Receivables within one year -€2,160
down €2,160 (-15.8%), from €13,632 to €11,473
of which Other amounts receivable: -€3,189
- Other debts +€199,372
up €199,372 (+580412.5%), from €34 to €199,406
- Profit (loss) carried forward -€159,033
no longer reported in 2025 (was €159,033)
- Gross operating margin +€21,904
up €21,904 (+68.4%), from €32,033 to €53,936
- Taxes +€4,588
up €4,588 (+67.4%), from €6,811 to €11,399
- Depreciation +€974
up €974 (+158.0%), from €616 to €1,590
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 | €168,832 | €208,969 | +€40,137 | +23.8% |
| Fixed assets | 21/28 | €4,516 | €2,925 | -€1,590 | -35.2% |
| Tangible fixed assets | 22/27 | €4,111 | €2,520 | -€1,590 | -38.7% |
| Furniture and vehicles | 24 | €4,111 | €2,520 | -€1,590 | -38.7% |
| Financial fixed assets | 28 | €405 | €405 | = | 0.0% |
| Current assets | 29/58 | €164,316 | €206,043 | +€41,727 | +25.4% |
| Amounts receivable within one year | 40/41 | €13,632 | €11,473 | -€2,160 | -15.8% |
| Trade receivables | 40 | €10,444 | €11,473 | +€1,029 | +9.9% |
| Other amounts receivable | 41 | €3,189 | - | -€3,189 | |
| Cash at bank and in hand | 54/58 | €150,549 | €194,571 | +€44,022 | +29.2% |
| Deferred charges and accrued income | 490/1 | €135 | - | -€135 | |
| Total equity and liabilities | 10/49 | €168,832 | €208,969 | +€40,137 | +23.8% |
| Equity | 10/15 | €161,033 | €2,000 | -€159,033 | -98.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €159,033 | - | -€159,033 | |
| Amounts payable | 17/49 | €7,798 | €206,969 | +€199,170 | +2554.0% |
| Amounts payable within one year | 42/48 | €7,798 | €206,969 | +€199,170 | +2554.0% |
| Trade debts | 44 | €709 | €1,233 | +€524 | +74.0% |
| Suppliers | 440/4 | €709 | €1,233 | +€524 | +74.0% |
| Taxes, remuneration and social security | 45 | €7,055 | €6,330 | -€726 | -10.3% |
| Taxes | 450/3 | €7,055 | €6,330 | -€726 | -10.3% |
| Other amounts payable | 47/48 | €34 | €199,406 | +€199,372 | +580412.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €616 | €1,590 | +€974 | +158.0% |
| Other operating charges | 640/8 | €384 | €403 | +€18 | +4.7% |
| Gross operating margin | 9900 | €32,033 | €53,936 | +€21,904 | +68.4% |
| Operating profit (loss) | 9901 | €31,032 | €51,943 | +€20,912 | +67.4% |
| Financial charges | 65/66B | €186 | €233 | +€46 | +24.8% |
| Recurring financial charges | 65 | €186 | €233 | +€46 | +24.8% |
| Profit (loss) for the period before taxes | 9903 | €30,845 | €51,711 | +€20,865 | +67.6% |
| Income taxes | 67/77 | €6,811 | €11,399 | +€4,588 | +67.4% |
| Profit (loss) for the period | 9904 | €24,034 | €40,311 | +€16,277 | +67.7% |
| Profit (loss) for the period to be appropriated | 9905 | €24,034 | €40,311 | +€16,277 | +67.7% |
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 4 October 2026 via checked.be.