IMMOTESS: 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.
IMMOTESS
Largest movements
- Stocks and contracts +€508,923
up €508,923 (+158.9%), from €320,289 to €829,212
- Cash -€57,388
down €57,388 (-80.2%), from €71,541 to €14,153
mainly Stocks and contracts (-€508,923) and Receivables within one year (-€7,038)
- Current portion of long-term debt +€411,546
up €411,546 (+163.6%), from €251,623 to €663,168
- Reserves +€42,577
up €42,577 (+81.5%), from €52,249 to €94,825
- Tax, wage and social debts +€10,993
up €10,993 (+84.2%), from €13,062 to €24,055
- Gross operating margin -€6,707
down €6,707 (-9.2%), from €73,164 to €66,458
- Financial charges +€5,191
up €5,191 (+69.5%), from €7,466 to €12,657
- Taxes -€2,069
down €2,069 (-15.8%), from €13,062 to €10,993
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 | €391,830 | €851,879 | +€460,049 | +117.4% |
| Fixed assets | 21/28 | - | €1,476 | +€1,476 | |
| Tangible fixed assets | 22/27 | - | €1,476 | +€1,476 | |
| Furniture and vehicles | 24 | - | €1,476 | +€1,476 | |
| Current assets | 29/58 | €391,830 | €850,403 | +€458,573 | +117.0% |
| Stocks and contracts in progress | 3 | €320,289 | €829,212 | +€508,923 | +158.9% |
| Stocks | 30/36 | €320,289 | €829,212 | +€508,923 | +158.9% |
| Amounts receivable within one year | 40/41 | - | €7,038 | +€7,038 | |
| Trade receivables | 40 | - | €6,489 | +€6,489 | |
| Other amounts receivable | 41 | - | €548 | +€548 | |
| Cash at bank and in hand | 54/58 | €71,541 | €14,153 | -€57,388 | -80.2% |
| Total equity and liabilities | 10/49 | €391,830 | €851,879 | +€460,049 | +117.4% |
| Equity | 10/15 | €57,249 | €99,825 | +€42,577 | +74.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €52,249 | €94,825 | +€42,577 | +81.5% |
| Distributable reserves | 133 | €52,249 | €94,825 | +€42,577 | +81.5% |
| Amounts payable | 17/49 | €334,581 | €752,054 | +€417,472 | +124.8% |
| Amounts payable within one year | 42/48 | €334,581 | €752,054 | +€417,472 | +124.8% |
| Current portion of amounts payable after more than one year | 42 | €251,623 | €663,168 | +€411,546 | +163.6% |
| Trade debts | 44 | €5,600 | €3,074 | -€2,526 | -45.1% |
| Suppliers | 440/4 | €5,600 | €3,074 | -€2,526 | -45.1% |
| Taxes, remuneration and social security | 45 | €13,062 | €24,055 | +€10,993 | +84.2% |
| Taxes | 450/3 | €13,062 | €24,055 | +€10,993 | +84.2% |
| Other amounts payable | 47/48 | €64,296 | €61,756 | -€2,541 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €568 | +€568 | |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | €73,164 | €66,458 | -€6,707 | -9.2% |
| Operating profit (loss) | 9901 | €72,777 | €65,890 | -€6,887 | -9.5% |
| Financial income | 75/76B | - | €337 | +€337 | |
| Recurring financial income | 75 | - | €337 | +€337 | |
| Financial charges | 65/66B | €7,466 | €12,657 | +€5,191 | +69.5% |
| Recurring financial charges | 65 | €7,466 | €12,657 | +€5,191 | +69.5% |
| Profit (loss) for the period before taxes | 9903 | €65,311 | €53,570 | -€11,741 | -18.0% |
| Income taxes | 67/77 | €13,062 | €10,993 | -€2,069 | -15.8% |
| Profit (loss) for the period | 9904 | €52,249 | €42,577 | -€9,672 | -18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €52,249 | €42,577 | -€9,672 | -18.5% |
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 10 October 2026 via checked.be.