IMMOTEMP: 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.
IMMOTEMP
Largest movements
- Tangible fixed assets -€17,019
down €17,019 (-19.4%), from €87,534 to €70,515
- Receivables within one year +€10,281
up €10,281 (+3.2%), from €317,632 to €327,913
of which Trade receivables: +€10,045
- Debts after one year -€81,982
down €81,982 (-66.6%), from €123,009 to €41,027
- Profit (loss) carried forward +€52,179
up €52,179 (+34.1%), from €152,968 to €205,147
- Other debts +€10,883
up €10,883 (+23.9%), from €45,489 to €56,372
- Accrued charges and deferred income +€7,890
new in 2025: €7,890
- Depreciation -€7,185
down €7,185 (-56.0%), from €12,819 to €5,634
- Financial charges -€6,170
down €6,170 (-63.0%), from €9,790 to €3,620
- Taxes +€3,917
up €3,917 (+49.3%), from €7,945 to €11,862
- Gross operating margin +€1,767
up €1,767 (+3.0%), from €58,628 to €60,395
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €425,628 | €421,455 | -€4,173 | -1.0% |
| Fixed assets | 21/28 | €91,101 | €72,649 | -€18,452 | -20.3% |
| Intangible fixed assets | 21 | €3,567 | €2,134 | -€1,433 | -40.2% |
| Tangible fixed assets | 22/27 | €87,534 | €70,515 | -€17,019 | -19.4% |
| Land and buildings | 22 | €87,534 | €70,515 | -€17,019 | -19.4% |
| Current assets | 29/58 | €334,527 | €348,806 | +€14,279 | +4.3% |
| Amounts receivable within one year | 40/41 | €317,632 | €327,913 | +€10,281 | +3.2% |
| Trade receivables | 40 | €9,825 | €19,870 | +€10,045 | +102.2% |
| Other amounts receivable | 41 | €307,807 | €308,043 | +€236 | +0.1% |
| Cash at bank and in hand | 54/58 | €16,750 | €20,893 | +€4,143 | +24.7% |
| Deferred charges and accrued income | 490/1 | €145 | - | -€145 | |
| Total equity and liabilities | 10/49 | €425,628 | €421,455 | -€4,173 | -1.0% |
| Equity | 10/15 | €196,968 | €249,147 | +€52,179 | +26.5% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €4,000 | €4,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €152,968 | €205,147 | +€52,179 | +34.1% |
| Amounts payable | 17/49 | €228,660 | €172,308 | -€56,352 | -24.6% |
| Amounts payable after more than one year | 17 | €123,009 | €41,027 | -€81,982 | -66.6% |
| Financial debts | 170/4 | €123,009 | €41,027 | -€81,982 | -66.6% |
| Amounts payable within one year | 42/48 | €105,651 | €123,391 | +€17,740 | +16.8% |
| Current portion of amounts payable after more than one year | 42 | €44,109 | €43,391 | -€718 | -1.6% |
| Trade debts | 44 | - | €3,616 | +€3,616 | |
| Suppliers | 440/4 | - | €3,616 | +€3,616 | |
| Taxes, remuneration and social security | 45 | €16,053 | €20,012 | +€3,959 | +24.7% |
| Taxes | 450/3 | €16,053 | €20,012 | +€3,959 | +24.7% |
| Other amounts payable | 47/48 | €45,489 | €56,372 | +€10,883 | +23.9% |
| Accrued charges and deferred income | 492/3 | - | €7,890 | +€7,890 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,819 | €5,634 | -€7,185 | -56.0% |
| Other operating charges | 640/8 | €6,248 | €6,693 | +€445 | +7.1% |
| Gross operating margin | 9900 | €58,628 | €60,395 | +€1,767 | +3.0% |
| Operating profit (loss) | 9901 | €39,561 | €48,068 | +€8,507 | +21.5% |
| Financial charges | 65/66B | €9,790 | €3,620 | -€6,170 | -63.0% |
| Recurring financial charges | 65 | €9,790 | €3,620 | -€6,170 | -63.0% |
| Profit (loss) for the period before taxes | 9903 | €29,771 | €44,448 | +€14,677 | +49.3% |
| Income taxes | 67/77 | €7,945 | €11,862 | +€3,917 | +49.3% |
| Profit (loss) for the period | 9904 | €21,826 | €32,586 | +€10,760 | +49.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,826 | €32,586 | +€10,760 | +49.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.