IMMOTIME: 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.
IMMOTIME
Largest movements
- Cash +€18,006
up €18,006 (+167.2%), from €10,770 to €28,776
mainly Net result for the year (+€14,655) and Depreciation (+€7,088)
- Tangible fixed assets -€5,593
down €5,593 (-6.9%), from €80,770 to €75,177
of which Land and buildings: -€5,689
- Reserves +€14,655
up €14,655 (+118.2%), from €12,395 to €27,050
of which Distributable reserves: +€14,655
- Other debts -€3,779
down €3,779 (-56.2%), from €6,727 to €2,948
- Tax, wage and social debts +€1,466
new in 2025: €1,466
- Gross operating margin -€1,652
down €1,652 (-5.4%), from €30,415 to €28,764
- Taxes +€1,465
up €1,465 (+1831837.5%), from €0 to €1,466
- Financial income -€968
no longer reported in 2025 (was €968)
- Depreciation -€562
down €562 (-7.3%), from €7,650 to €7,088
- Other operating charges +€551
up €551 (+11.4%), from €4,818 to €5,369
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 | €92,335 | €104,674 | +€12,339 | +13.4% |
| Fixed assets | 21/28 | €80,770 | €75,177 | -€5,593 | -6.9% |
| Tangible fixed assets | 22/27 | €80,770 | €75,177 | -€5,593 | -6.9% |
| Land and buildings | 22 | €77,459 | €71,770 | -€5,689 | -7.3% |
| Plant, machinery and equipment | 23 | €1,043 | €924 | -€119 | -11.4% |
| Furniture and vehicles | 24 | €2,268 | €2,483 | +€215 | +9.5% |
| Current assets | 29/58 | €11,565 | €29,497 | +€17,932 | +155.1% |
| Cash at bank and in hand | 54/58 | €10,770 | €28,776 | +€18,006 | +167.2% |
| Deferred charges and accrued income | 490/1 | €795 | €721 | -€74 | -9.3% |
| Total equity and liabilities | 10/49 | €92,335 | €104,674 | +€12,339 | +13.4% |
| Equity | 10/15 | €84,604 | €99,260 | +€14,655 | +17.3% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Uncalled capital | 101 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €12,395 | €27,050 | +€14,655 | +118.2% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Distributable reserves | 133 | - | €14,655 | +€14,655 | |
| Profit (loss) carried forward | 14 | €10,236 | €10,236 | = | 0.0% |
| Amounts payable | 17/49 | €7,730 | €5,414 | -€2,317 | -30.0% |
| Amounts payable within one year | 42/48 | €7,730 | €5,414 | -€2,317 | -30.0% |
| Financial debts | 43 | €3 | - | -€3 | |
| Credit institutions | 430/8 | €3 | - | -€3 | |
| Trade debts | 44 | €1,000 | €1,000 | = | 0.0% |
| Suppliers | 440/4 | €1,000 | €1,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €1,466 | +€1,466 | |
| Taxes | 450/3 | - | €1,466 | +€1,466 | |
| Other amounts payable | 47/48 | €6,727 | €2,948 | -€3,779 | -56.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,650 | €7,088 | -€562 | -7.3% |
| Other operating charges | 640/8 | €4,818 | €5,369 | +€551 | +11.4% |
| Gross operating margin | 9900 | €30,415 | €28,764 | -€1,652 | -5.4% |
| Operating profit (loss) | 9901 | €17,947 | €16,306 | -€1,641 | -9.1% |
| Financial income | 75/76B | €968 | - | -€968 | |
| Recurring financial income | 75 | €968 | - | -€968 | |
| Financial charges | 65/66B | €302 | €185 | -€117 | -38.6% |
| Recurring financial charges | 65 | €302 | €185 | -€117 | -38.6% |
| Profit (loss) for the period before taxes | 9903 | €18,614 | €16,121 | -€2,493 | -13.4% |
| Income taxes | 67/77 | €0 | €1,466 | +€1,465 | +1831837.5% |
| Profit (loss) for the period | 9904 | €18,613 | €14,655 | -€3,958 | -21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,613 | €14,655 | -€3,958 | -21.3% |
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 8 October 2026 via checked.be.