Immosports: 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.
Immosports
Largest movements
- Receivables after one year +€239,715
up €239,715 (+52.1%), from €460,426 to €700,141
- Tangible fixed assets -€143,371
down €143,371 (-5.5%), from €2.6m to €2.4m
of which Land and buildings: -€142,672
- Cash -€108,482
down €108,482 (-94.2%), from €115,171 to €6,689
mainly Receivables after one year (-€239,715) and Current portion of long-term debt (-€67,500)
- Current portion of long-term debt -€67,500
no longer reported in 2025 (was €67,500)
- Debts after one year +€52,500
up €52,500 (+6.8%), from €767,500 to €820,000
- Short-term financial debts +€50,015
new in 2025: €50,015
- Profit (loss) carried forward -€37,868
down €37,868 (-3.1%), from -€1.2m to -€1.3m
- Depreciation +€36,483
up €36,483 (+20.9%), from €174,313 to €210,797
- Other operating charges -€10,773
down €10,773 (-42.1%), from €25,615 to €14,842
- Gross operating margin +€9,998
up €9,998 (+3.5%), from €288,784 to €298,782
- Staff costs +€4,945
up €4,945 (+5.3%), from €92,520 to €97,465
- Financial charges -€3,275
down €3,275 (-19.1%), from €17,115 to €13,840
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 | €3,299,172 | €3,291,061 | -€8,111 | -0.2% |
| Formation expenses | 20 | €61,286 | €46,855 | -€14,431 | -23.5% |
| Fixed assets | 21/28 | €2,591,042 | €2,447,535 | -€143,507 | -5.5% |
| Tangible fixed assets | 22/27 | €2,590,907 | €2,447,535 | -€143,371 | -5.5% |
| Land and buildings | 22 | €2,586,259 | €2,443,587 | -€142,672 | -5.5% |
| Plant, machinery and equipment | 23 | €4,648 | €3,949 | -€700 | -15.1% |
| Financial fixed assets | 28 | €136 | - | -€136 | |
| Current assets | 29/58 | €646,844 | €796,671 | +€149,828 | +23.2% |
| Amounts receivable after more than one year | 29 | €460,426 | €700,141 | +€239,715 | +52.1% |
| Other amounts receivable | 291 | €460,426 | €700,141 | +€239,715 | +52.1% |
| Amounts receivable within one year | 40/41 | €53,932 | €64,300 | +€10,369 | +19.2% |
| Trade receivables | 40 | €51,407 | €59,778 | +€8,371 | +16.3% |
| Other amounts receivable | 41 | €2,525 | €4,523 | +€1,997 | +79.1% |
| Cash at bank and in hand | 54/58 | €115,171 | €6,689 | -€108,482 | -94.2% |
| Deferred charges and accrued income | 490/1 | €17,315 | €25,541 | +€8,226 | +47.5% |
| Total equity and liabilities | 10/49 | €3,299,172 | €3,291,061 | -€8,111 | -0.2% |
| Equity | 10/15 | €2,117,322 | €2,079,454 | -€37,868 | -1.8% |
| Contributions | 10/11 | €3,335,517 | €3,335,517 | = | 0.0% |
| Capital | 10 | €2,477,415 | €2,477,415 | = | 0.0% |
| Issued capital | 100 | €2,514,915 | €2,514,915 | = | 0.0% |
| Uncalled capital | 101 | €37,500 | €37,500 | = | 0.0% |
| Contributions outside capital | 11 | €858,102 | €858,102 | = | 0.0% |
| Share premium | 1100/10 | €858,102 | €858,102 | = | 0.0% |
| Reserves | 13 | €22,666 | €22,666 | = | 0.0% |
| Non-distributable reserves | 130/1 | €22,666 | €22,666 | = | 0.0% |
| Legal reserve | 130 | €22,666 | €22,666 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,240,861 | -€1,278,730 | -€37,868 | -3.1% |
| Amounts payable | 17/49 | €1,181,850 | €1,211,607 | +€29,757 | +2.5% |
| Amounts payable after more than one year | 17 | €767,500 | €820,000 | +€52,500 | +6.8% |
| Financial debts | 170/4 | €767,500 | €820,000 | +€52,500 | +6.8% |
| Amounts payable within one year | 42/48 | €265,708 | €262,001 | -€3,707 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €67,500 | - | -€67,500 | |
| Financial debts | 43 | - | €50,015 | +€50,015 | |
| Credit institutions | 430/8 | - | €50,015 | +€50,015 | |
| Trade debts | 44 | €183,105 | €204,480 | +€21,376 | +11.7% |
| Suppliers | 440/4 | €183,105 | €204,480 | +€21,376 | +11.7% |
| Taxes, remuneration and social security | 45 | €14,904 | €7,306 | -€7,598 | -51.0% |
| Taxes | 450/3 | €7,850 | - | -€7,850 | |
| Remuneration and social security | 454/9 | €7,053 | €7,306 | +€253 | +3.6% |
| Other amounts payable | 47/48 | €200 | €200 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €148,642 | €129,606 | -€19,035 | -12.8% |
| Non-recurring operating income | 76A | €12,889 | €12,889 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €92,520 | €97,465 | +€4,945 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €174,313 | €210,797 | +€36,483 | +20.9% |
| Other operating charges | 640/8 | €25,615 | €14,842 | -€10,773 | -42.1% |
| Non-recurring operating charges | 66A | €400,000 | - | -€400,000 | |
| Gross operating margin | 9900 | €288,784 | €298,782 | +€9,998 | +3.5% |
| Operating profit (loss) | 9901 | -€403,664 | -€24,322 | +€379,342 | +94.0% |
| Financial income | 75/76B | €200 | €368 | +€168 | +83.9% |
| Recurring financial income | 75 | €200 | €368 | +€168 | +83.9% |
| Financial charges | 65/66B | €17,115 | €13,840 | -€3,275 | -19.1% |
| Recurring financial charges | 65 | €17,115 | €13,840 | -€3,275 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | -€420,580 | -€37,794 | +€382,785 | +91.0% |
| Income taxes | 67/77 | - | €74 | +€74 | |
| Profit (loss) for the period | 9904 | -€420,580 | -€37,868 | +€382,711 | +91.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€420,580 | -€37,868 | +€382,711 | +91.0% |
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 23 October 2026 via checked.be.