IMMOTORRES: 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.
IMMOTORRES
Largest movements
- Cash -€47,572
down €47,572 (-76.4%), from €62,227 to €14,655
mainly Advances received (-€31,000) and Net result for the year (-€28,730)
- Receivables within one year -€16,754
down €16,754 (-82.9%), from €20,221 to €3,467
of which Other amounts receivable: -€9,486
- Tangible fixed assets -€1,864
down €1,864 (-26.5%), from €7,028 to €5,164
of which Plant, machinery and equipment: -€3,521
- Advances received -€31,000
down €31,000 (-96.0%), from €32,300 to €1,300
- Profit (loss) carried forward -€28,730
down €28,730 (-91.8%), from €31,282 to €2,551
- Other debts -€4,154
down €4,154 (-32.0%), from €13,000 to €8,846
- Trade debts -€2,369
down €2,369 (-54.5%), from €4,347 to €1,979
- Gross operating margin -€38,583
down €38,583, from €12,702 to -€25,881
- Depreciation +€653
up €653 (+53.9%), from €1,211 to €1,864
- Other operating charges +€424
up €424 (+113%), from €374 to €798
- Taxes +€340
no longer reported in 2025 (was -€340)
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.
Derived cash bridge
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 | €89,599 | €23,346 | -€66,253 | -73.9% |
| Fixed assets | 21/28 | €7,028 | €5,164 | -€1,864 | -26.5% |
| Tangible fixed assets | 22/27 | €7,028 | €5,164 | -€1,864 | -26.5% |
| Plant, machinery and equipment | 23 | €3,521 | - | -€3,521 | |
| Furniture and vehicles | 24 | €3,507 | €2,433 | -€1,074 | -30.6% |
| Other tangible fixed assets | 26 | - | €2,731 | +€2,731 | |
| Current assets | 29/58 | €82,572 | €18,182 | -€64,389 | -78.0% |
| Amounts receivable within one year | 40/41 | €20,221 | €3,467 | -€16,754 | -82.9% |
| Trade receivables | 40 | €10,050 | €2,782 | -€7,268 | -72.3% |
| Other amounts receivable | 41 | €10,171 | €685 | -€9,486 | -93.3% |
| Cash at bank and in hand | 54/58 | €62,227 | €14,655 | -€47,572 | -76.4% |
| Deferred charges and accrued income | 490/1 | €123 | €60 | -€63 | -51.0% |
| Total equity and liabilities | 10/49 | €89,599 | €23,346 | -€66,253 | -73.9% |
| Equity | 10/15 | €39,342 | €10,611 | -€28,730 | -73.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €31,282 | €2,551 | -€28,730 | -91.8% |
| Amounts payable | 17/49 | €50,258 | €12,735 | -€37,523 | -74.7% |
| Amounts payable within one year | 42/48 | €50,258 | €12,735 | -€37,523 | -74.7% |
| Trade debts | 44 | €4,347 | €1,979 | -€2,369 | -54.5% |
| Suppliers | 440/4 | €4,347 | €1,979 | -€2,369 | -54.5% |
| Advances received on contracts in progress | 46 | €32,300 | €1,300 | -€31,000 | -96.0% |
| Taxes, remuneration and social security | 45 | €610 | €610 | = | 0.0% |
| Taxes | 450/3 | €610 | €610 | = | 0.0% |
| Other amounts payable | 47/48 | €13,000 | €8,846 | -€4,154 | -32.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | -€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,211 | €1,864 | +€653 | +53.9% |
| Other operating charges | 640/8 | €374 | €798 | +€424 | +113% |
| Gross operating margin | 9900 | €12,702 | -€25,881 | -€38,583 | |
| Operating profit (loss) | 9901 | €11,117 | -€28,543 | -€39,660 | |
| Financial income | 75/76B | €0 | €11 | +€11 | +13,325% |
| Recurring financial income | 75 | €0 | €11 | +€11 | +13,325% |
| Financial charges | 65/66B | €153 | €198 | +€44 | +28.9% |
| Recurring financial charges | 65 | €153 | €198 | +€44 | +28.9% |
| Profit (loss) for the period before taxes | 9903 | €10,964 | -€28,730 | -€39,694 | |
| Income taxes | 67/77 | -€340 | - | +€340 | |
| Profit (loss) for the period | 9904 | €11,303 | -€28,730 | -€40,034 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,303 | -€28,730 | -€40,034 |
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 22 October 2026 via checked.be.