Immosuisse: 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.
Immosuisse
Largest movements
- Tangible fixed assets -€24,068
down €24,068 (-4.4%), from €551,367 to €527,299
of which Furniture and vehicles: -€19,702
- Receivables within one year -€21,256
down €21,256 (-46.0%), from €46,201 to €24,945
of which Other amounts receivable: -€17,725
- Cash +€12,563
up €12,563 (+87.8%), from €14,311 to €26,874
mainly Net result for the year (+€125,595) and Depreciation (+€48,687)
- Profit (loss) carried forward +€85,595
up €85,595 (+263%), from €32,565 to €118,160
- Other debts -€51,143
down €51,143 (-78.7%), from €65,000 to €13,857
- Debts after one year -€45,196
down €45,196 (-11.2%), from €402,448 to €357,252
- Trade debts -€13,835
down €13,835 (-46.9%), from €29,526 to €15,691
- Short-term financial debts -€12,059
down €12,059 (-19.2%), from €62,913 to €50,854
- Gross operating margin +€87,249
up €87,249 (+49.3%), from €176,812 to €264,061
- Taxes +€17,367
up €17,367 (+78.8%), from €22,044 to €39,411
- Depreciation +€15,294
up €15,294 (+45.8%), from €33,392 to €48,687
- Other operating charges -€7,017
down €7,017 (-45.0%), from €15,579 to €8,562
- Financial income -€2,775
down €2,775 (-86.6%), from €3,204 to €429
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 | €612,763 | €582,694 | -€30,069 | -4.9% |
| Fixed assets | 21/28 | €552,016 | €527,798 | -€24,218 | -4.4% |
| Intangible fixed assets | 21 | €509 | €359 | -€150 | -29.5% |
| Tangible fixed assets | 22/27 | €551,367 | €527,299 | -€24,068 | -4.4% |
| Land and buildings | 22 | €483,373 | €479,007 | -€4,366 | -0.9% |
| Furniture and vehicles | 24 | €67,993 | €48,291 | -€19,702 | -29.0% |
| Financial fixed assets | 28 | €140 | €140 | = | 0.0% |
| Current assets | 29/58 | €60,747 | €54,896 | -€5,851 | -9.6% |
| Amounts receivable within one year | 40/41 | €46,201 | €24,945 | -€21,256 | -46.0% |
| Trade receivables | 40 | €28,476 | €24,945 | -€3,531 | -12.4% |
| Other amounts receivable | 41 | €17,725 | - | -€17,725 | |
| Cash at bank and in hand | 54/58 | €14,311 | €26,874 | +€12,563 | +87.8% |
| Deferred charges and accrued income | 490/1 | €235 | €3,077 | +€2,842 | +1,209% |
| Total equity and liabilities | 10/49 | €612,763 | €582,694 | -€30,069 | -4.9% |
| Equity | 10/15 | €33,165 | €118,760 | +€85,595 | +258% |
| Contributions | 10/11 | €600 | €600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,565 | €118,160 | +€85,595 | +263% |
| Amounts payable | 17/49 | €579,598 | €463,934 | -€115,664 | -20.0% |
| Amounts payable after more than one year | 17 | €402,448 | €357,252 | -€45,196 | -11.2% |
| Financial debts | 170/4 | €402,448 | €357,252 | -€45,196 | -11.2% |
| Amounts payable within one year | 42/48 | €176,269 | €106,682 | -€69,586 | -39.5% |
| Current portion of amounts payable after more than one year | 42 | €1,800 | €1,800 | = | 0.0% |
| Financial debts | 43 | €62,913 | €50,854 | -€12,059 | -19.2% |
| Credit institutions | 430/8 | €62,913 | €50,854 | -€12,059 | -19.2% |
| Trade debts | 44 | €29,526 | €15,691 | -€13,835 | -46.9% |
| Suppliers | 440/4 | €29,526 | €15,691 | -€13,835 | -46.9% |
| Taxes, remuneration and social security | 45 | €17,029 | €24,481 | +€7,451 | +43.8% |
| Taxes | 450/3 | €10,026 | €17,337 | +€7,311 | +72.9% |
| Remuneration and social security | 454/9 | €7,004 | €7,144 | +€140 | +2.0% |
| Other amounts payable | 47/48 | €65,000 | €13,857 | -€51,143 | -78.7% |
| Accrued charges and deferred income | 492/3 | €882 | - | -€882 | |
| Remuneration, social security and pensions | 62 | €33,063 | €34,620 | +€1,557 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,392 | €48,687 | +€15,294 | +45.8% |
| Other operating charges | 640/8 | €15,579 | €8,562 | -€7,017 | -45.0% |
| Gross operating margin | 9900 | €176,812 | €264,061 | +€87,249 | +49.3% |
| Operating profit (loss) | 9901 | €94,778 | €172,192 | +€77,414 | +81.7% |
| Financial income | 75/76B | €3,204 | €429 | -€2,775 | -86.6% |
| Recurring financial income | 75 | €3,204 | €429 | -€2,775 | -86.6% |
| Financial charges | 65/66B | €7,995 | €7,615 | -€380 | -4.7% |
| Recurring financial charges | 65 | €7,995 | €7,615 | -€380 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €89,987 | €165,006 | +€75,019 | +83.4% |
| Income taxes | 67/77 | €22,044 | €39,411 | +€17,367 | +78.8% |
| Profit (loss) for the period | 9904 | €67,943 | €125,595 | +€57,652 | +84.9% |
| Profit (loss) for the period to be appropriated | 9905 | €67,943 | €125,595 | +€57,652 | +84.9% |
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 30 October 2026 via checked.be.