IMMOSTEP: 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.
IMMOSTEP
Largest movements
- Tangible fixed assets -€17,880
down €17,880 (-2.7%), from €671,961 to €654,081
- Cash -€7,723
down €7,723 (-39.4%), from €19,582 to €11,859
mainly Net result for the year (-€16,017) and Debts after one year (-€9,577)
- Profit (loss) carried forward -€16,017
down €16,017 (-10.4%), from -€154,690 to -€170,707
- Debts after one year -€9,577
down €9,577 (-9.8%), from €97,346 to €87,770
- Gross operating margin -€2,773
down €2,773 (-32.9%), from €8,418 to €5,645
- Other operating charges +€1,614
up €1,614 (+83.5%), from €1,932 to €3,546
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 | €692,656 | €667,063 | -€25,594 | -3.7% |
| Fixed assets | 21/28 | €671,961 | €654,081 | -€17,880 | -2.7% |
| Tangible fixed assets | 22/27 | €671,961 | €654,081 | -€17,880 | -2.7% |
| Land and buildings | 22 | €671,961 | €654,081 | -€17,880 | -2.7% |
| Current assets | 29/58 | €20,695 | €12,981 | -€7,714 | -37.3% |
| Cash at bank and in hand | 54/58 | €19,582 | €11,859 | -€7,723 | -39.4% |
| Deferred charges and accrued income | 490/1 | €1,113 | €1,123 | +€9 | +0.8% |
| Total equity and liabilities | 10/49 | €692,656 | €667,063 | -€25,594 | -3.7% |
| Equity | 10/15 | €595,310 | €579,293 | -€16,017 | -2.7% |
| Contributions | 10/11 | €750,000 | €750,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€154,690 | -€170,707 | -€16,017 | -10.4% |
| Amounts payable | 17/49 | €97,346 | €87,770 | -€9,577 | -9.8% |
| Amounts payable after more than one year | 17 | €97,346 | €87,770 | -€9,577 | -9.8% |
| Other amounts payable | 178/9 | €97,346 | €87,770 | -€9,577 | -9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,880 | €17,880 | = | 0.0% |
| Other operating charges | 640/8 | €1,932 | €3,546 | +€1,614 | +83.5% |
| Gross operating margin | 9900 | €8,418 | €5,645 | -€2,773 | -32.9% |
| Operating profit (loss) | 9901 | -€11,394 | -€15,782 | -€4,388 | -38.5% |
| Financial charges | 65/66B | €176 | €235 | +€59 | +33.5% |
| Recurring financial charges | 65 | €176 | €235 | +€59 | +33.5% |
| Profit (loss) for the period before taxes | 9903 | -€11,571 | -€16,017 | -€4,447 | -38.4% |
| Profit (loss) for the period | 9904 | -€11,571 | -€16,017 | -€4,447 | -38.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,571 | -€16,017 | -€4,447 | -38.4% |
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 11 October 2026 via checked.be.