immothy: 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.
immothy
Largest movements
- Tangible fixed assets +€224,700
up €224,700 (+51.6%), from €435,417 to €660,117
of which Land and buildings: +€224,700
- Receivables within one year +€28,696
new in 2025: €28,696
of which Other amounts receivable: +€23,696
- Cash +€9,399
up €9,399 (+13.1%), from €71,535 to €80,934
mainly Debts after one year (+€235,392) and Depreciation (+€80,300)
- Debts after one year +€235,392
new in 2025: €235,392
- Reserves +€26,456
up €26,456 (+5.7%), from €461,223 to €487,679
of which Distributable reserves: +€26,456
- Current portion of long-term debt +€24,669
new in 2025: €24,669
- Other debts -€24,344
down €24,344 (-100.0%), from €24,344 to €0
- Gross operating margin -€33,583
down €33,583 (-20.3%), from €165,445 to €131,862
- Taxes -€17,265
down €17,265 (-61.7%), from €28,000 to €10,735
- Depreciation +€15,300
up €15,300 (+23.5%), from €65,000 to €80,300
- Financial charges +€8,738
up €8,738 (+51129.5%), from €17 to €8,755
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 | €506,952 | €769,747 | +€262,795 | +51.8% |
| Fixed assets | 21/28 | €435,417 | €660,117 | +€224,700 | +51.6% |
| Tangible fixed assets | 22/27 | €435,417 | €660,117 | +€224,700 | +51.6% |
| Land and buildings | 22 | €435,417 | €660,117 | +€224,700 | +51.6% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €71,535 | €109,630 | +€38,095 | +53.3% |
| Amounts receivable within one year | 40/41 | - | €28,696 | +€28,696 | |
| Trade receivables | 40 | - | €5,000 | +€5,000 | |
| Other amounts receivable | 41 | - | €23,696 | +€23,696 | |
| Cash at bank and in hand | 54/58 | €71,535 | €80,934 | +€9,399 | +13.1% |
| Total equity and liabilities | 10/49 | €506,952 | €769,747 | +€262,795 | +51.8% |
| Equity | 10/15 | €467,423 | €493,879 | +€26,456 | +5.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €461,223 | €487,679 | +€26,456 | +5.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €459,363 | €485,819 | +€26,456 | +5.8% |
| Amounts payable | 17/49 | €39,529 | €275,868 | +€236,339 | +597.9% |
| Amounts payable after more than one year | 17 | - | €235,392 | +€235,392 | |
| Financial debts | 170/4 | - | €235,392 | +€235,392 | |
| Amounts payable within one year | 42/48 | €24,344 | €24,669 | +€325 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | - | €24,669 | +€24,669 | |
| Other amounts payable | 47/48 | €24,344 | €0 | -€24,344 | -100.0% |
| Accrued charges and deferred income | 492/3 | €15,185 | €15,807 | +€622 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,000 | €80,300 | +€15,300 | +23.5% |
| Other operating charges | 640/8 | €5,479 | €5,616 | +€138 | +2.5% |
| Gross operating margin | 9900 | €165,445 | €131,862 | -€33,583 | -20.3% |
| Operating profit (loss) | 9901 | €94,967 | €45,946 | -€49,020 | -51.6% |
| Financial charges | 65/66B | €17 | €8,755 | +€8,738 | +51129.5% |
| Recurring financial charges | 65 | €17 | €8,755 | +€8,738 | +51129.5% |
| Profit (loss) for the period before taxes | 9903 | €94,949 | €37,191 | -€57,758 | -60.8% |
| Income taxes | 67/77 | €28,000 | €10,735 | -€17,265 | -61.7% |
| Profit (loss) for the period | 9904 | €66,949 | €26,456 | -€40,493 | -60.5% |
| Profit (loss) for the period to be appropriated | 9905 | €66,949 | €26,456 | -€40,493 | -60.5% |
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 7 October 2026 via checked.be.