IMMOTOPIA: 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.
IMMOTOPIA
Largest movements
- Cash -€7,169
down €7,169 (-89.6%), from €8,004 to €835
mainly Receivables within one year (-€4,124) and Investment in fixed assets (net) (-€3,861)
- Receivables within one year +€4,124
up €4,124 (+1185.2%), from €348 to €4,472
- Intangible fixed assets +€3,277
new in 2025: €3,277
- Tax, wage and social debts -€2,063
down €2,063 (-85.0%), from €2,426 to €363
- Trade debts +€1,457
up €1,457 (+767.1%), from €190 to €1,647
- Reserves +€662
up €662 (+29.6%), from €2,236 to €2,898
- Other debts +€618
new in 2025: €618
- Profit (loss) carried forward -€442
new in 2025: -€442
- Gross operating margin -€3,104
down €3,104 (-63.1%), from €4,919 to €1,816
- Taxes -€1,865
down €1,865 (-81.8%), from €2,281 to €416
- Depreciation +€584
new in 2025: €584
- Financial charges +€399
up €399 (+2667.5%), from €15 to €414
- Other operating charges -€206
down €206 (-53.1%), from €387 to €182
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 | €8,352 | €8,584 | +€232 | +2.8% |
| Fixed assets | 21/28 | - | €3,277 | +€3,277 | |
| Intangible fixed assets | 21 | - | €3,277 | +€3,277 | |
| Current assets | 29/58 | €8,352 | €5,307 | -€3,045 | -36.5% |
| Amounts receivable within one year | 40/41 | €348 | €4,472 | +€4,124 | +1185.2% |
| Other amounts receivable | 41 | €348 | €4,472 | +€4,124 | +1185.2% |
| Cash at bank and in hand | 54/58 | €8,004 | €835 | -€7,169 | -89.6% |
| Total equity and liabilities | 10/49 | €8,352 | €8,584 | +€232 | +2.8% |
| Equity | 10/15 | €5,736 | €5,956 | +€220 | +3.8% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €2,236 | €2,898 | +€662 | +29.6% |
| Distributable reserves | 133 | €2,236 | €2,898 | +€662 | +29.6% |
| Profit (loss) carried forward | 14 | - | -€442 | -€442 | |
| Amounts payable | 17/49 | €2,616 | €2,628 | +€12 | +0.5% |
| Amounts payable within one year | 42/48 | €2,616 | €2,628 | +€12 | +0.5% |
| Trade debts | 44 | €190 | €1,647 | +€1,457 | +767.1% |
| Suppliers | 440/4 | €190 | €1,647 | +€1,457 | +767.1% |
| Taxes, remuneration and social security | 45 | €2,426 | €363 | -€2,063 | -85.0% |
| Taxes | 450/3 | €2,426 | €363 | -€2,063 | -85.0% |
| Other amounts payable | 47/48 | - | €618 | +€618 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €584 | +€584 | |
| Other operating charges | 640/8 | €387 | €182 | -€206 | -53.1% |
| Gross operating margin | 9900 | €4,919 | €1,816 | -€3,104 | -63.1% |
| Operating profit (loss) | 9901 | €4,532 | €1,050 | -€3,482 | -76.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €15 | €414 | +€399 | +2667.5% |
| Recurring financial charges | 65 | €15 | €414 | +€399 | +2667.5% |
| Profit (loss) for the period before taxes | 9903 | €4,517 | €636 | -€3,881 | -85.9% |
| Income taxes | 67/77 | €2,281 | €416 | -€1,865 | -81.8% |
| Profit (loss) for the period | 9904 | €2,236 | €220 | -€2,015 | -90.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,236 | €220 | -€2,015 | -90.1% |
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.