IMMOTEPP: 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.
IMMOTEPP
Largest movements
- Cash +€123,017
up €123,017 (+12385.4%), from €993 to €124,010
mainly Net result for the year (+€169,114) and Provisions (+€52,437)
- Receivables within one year +€45,404
new in 2025: €45,404
- Tangible fixed assets +€40,252
up €40,252 (+100.0%), from €40,234 to €80,486
- Reserves +€157,312
up €157,312 (+1182.5%), from €13,303 to €170,615
of which Tax-exempt reserves: +€157,312
- Provisions +€52,437
new in 2025: €52,437
- Profit (loss) carried forward +€11,802
up €11,802 (+79.4%), from -€14,862 to -€3,059
- Trade debts -€7,036
down €7,036 (-63.5%), from €11,073 to €4,037
- Other debts -€5,824
down €5,824 (-52.4%), from €11,124 to €5,300
- Gross operating margin +€234,847
up €234,847, from -€8,973 to €225,874
- Depreciation -€4,363
down €4,363 (-81.8%), from €5,332 to €970
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 | €41,638 | €250,330 | +€208,691 | +501.2% |
| Fixed assets | 21/28 | €40,234 | €80,486 | +€40,252 | +100.0% |
| Tangible fixed assets | 22/27 | €40,234 | €80,486 | +€40,252 | +100.0% |
| Land and buildings | 22 | €40,234 | €80,486 | +€40,252 | +100.0% |
| Current assets | 29/58 | €1,404 | €169,843 | +€168,440 | +11998.1% |
| Amounts receivable within one year | 40/41 | - | €45,404 | +€45,404 | |
| Other amounts receivable | 41 | - | €45,404 | +€45,404 | |
| Cash at bank and in hand | 54/58 | €993 | €124,010 | +€123,017 | +12385.4% |
| Deferred charges and accrued income | 490/1 | €411 | €429 | +€19 | +4.6% |
| Total equity and liabilities | 10/49 | €41,638 | €250,330 | +€208,691 | +501.2% |
| Equity | 10/15 | €19,441 | €188,556 | +€169,114 | +869.9% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €13,303 | €170,615 | +€157,312 | +1182.5% |
| Non-distributable reserves | 130/1 | €2,100 | €2,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,100 | €2,100 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €157,312 | +€157,312 | |
| Distributable reserves | 133 | €11,203 | €11,203 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,862 | -€3,059 | +€11,802 | +79.4% |
| Provisions and deferred taxes | 16 | - | €52,437 | +€52,437 | |
| Deferred taxes | 168 | - | €52,437 | +€52,437 | |
| Amounts payable | 17/49 | €22,197 | €9,337 | -€12,860 | -57.9% |
| Amounts payable within one year | 42/48 | €22,197 | €9,337 | -€12,860 | -57.9% |
| Trade debts | 44 | €11,073 | €4,037 | -€7,036 | -63.5% |
| Suppliers | 440/4 | €11,073 | €4,037 | -€7,036 | -63.5% |
| Other amounts payable | 47/48 | €11,124 | €5,300 | -€5,824 | -52.4% |
| Non-recurring operating income | 76A | - | €210,601 | +€210,601 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,332 | €970 | -€4,363 | -81.8% |
| Other operating charges | 640/8 | €3,207 | €3,307 | +€100 | +3.1% |
| Gross operating margin | 9900 | -€8,973 | €225,874 | +€234,847 | |
| Operating profit (loss) | 9901 | -€17,513 | €221,597 | +€239,110 | |
| Financial charges | 65/66B | €157 | €45 | -€112 | -71.4% |
| Recurring financial charges | 65 | €157 | €45 | -€112 | -71.4% |
| Profit (loss) for the period before taxes | 9903 | -€17,671 | €221,552 | +€239,222 | |
| Transfer from deferred taxes | 780 | - | €214 | +€214 | |
| Transfer to deferred taxes | 680 | - | €52,651 | +€52,651 | |
| Profit (loss) for the period | 9904 | -€17,671 | €169,114 | +€186,785 | |
| Transfer from tax-exempt reserves | 789 | - | €641 | +€641 | |
| Transfer to tax-exempt reserves | 689 | - | €157,953 | +€157,953 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,671 | €11,802 | +€29,473 |
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 5 October 2026 via checked.be.