IMMOSPHERE: 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.
IMMOSPHERE
Largest movements
- Tangible fixed assets +€71,041
up €71,041 (+12.8%), from €556,470 to €627,511
- Tax, wage and social debts +€94,746
new in 2025: €94,746
- Debts after one year -€19,950
down €19,950 (-5.2%), from €384,384 to €364,434
- Other debts -€7,300
no longer reported in 2025 (was €7,300)
- Gross operating margin +€40,376
up €40,376 (+1552.0%), from €2,601 to €42,977
- Depreciation +€14,839
up €14,839 (+167.4%), from €8,866 to €23,705
- Financial charges -€768
down €768 (-4.0%), from €19,305 to €18,537
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 | €568,768 | €637,680 | +€68,912 | +12.1% |
| Fixed assets | 21/28 | €556,470 | €628,051 | +€71,581 | +12.9% |
| Tangible fixed assets | 22/27 | €556,470 | €627,511 | +€71,041 | +12.8% |
| Land and buildings | 22 | €556,470 | €627,511 | +€71,041 | +12.8% |
| Financial fixed assets | 28 | - | €540 | +€540 | |
| Current assets | 29/58 | €12,298 | €9,629 | -€2,669 | -21.7% |
| Amounts receivable within one year | 40/41 | €388 | €31 | -€357 | -92.0% |
| Other amounts receivable | 41 | €388 | €31 | -€357 | -92.0% |
| Cash at bank and in hand | 54/58 | €11,364 | €9,598 | -€1,766 | -15.5% |
| Deferred charges and accrued income | 490/1 | €546 | - | -€546 | |
| Total equity and liabilities | 10/49 | €568,768 | €637,680 | +€68,912 | +12.1% |
| Equity | 10/15 | €158,034 | €158,551 | +€516 | +0.3% |
| Contributions | 10/11 | €184,000 | €184,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,966 | -€25,449 | +€516 | +2.0% |
| Amounts payable | 17/49 | €410,734 | €479,130 | +€68,396 | +16.7% |
| Amounts payable after more than one year | 17 | €384,384 | €364,434 | -€19,950 | -5.2% |
| Financial debts | 170/4 | €384,384 | €364,434 | -€19,950 | -5.2% |
| Amounts payable within one year | 42/48 | €26,350 | €114,696 | +€88,346 | +335.3% |
| Current portion of amounts payable after more than one year | 42 | €19,044 | €19,950 | +€905 | +4.8% |
| Trade debts | 44 | €6 | - | -€6 | |
| Suppliers | 440/4 | €6 | - | -€6 | |
| Taxes, remuneration and social security | 45 | - | €94,746 | +€94,746 | |
| Taxes | 450/3 | - | €94,746 | +€94,746 | |
| Other amounts payable | 47/48 | €7,300 | - | -€7,300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,866 | €23,705 | +€14,839 | +167.4% |
| Other operating charges | 640/8 | €397 | €219 | -€178 | -44.8% |
| Gross operating margin | 9900 | €2,601 | €42,977 | +€40,376 | +1552.0% |
| Operating profit (loss) | 9901 | -€6,661 | €19,053 | +€25,714 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €19,305 | €18,537 | -€768 | -4.0% |
| Recurring financial charges | 65 | €19,305 | €18,537 | -€768 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | -€25,966 | €516 | +€26,482 | |
| Profit (loss) for the period | 9904 | -€25,966 | €516 | +€26,482 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,966 | €516 | +€26,482 |
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.