IMMOTRANS: 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.
IMMOTRANS
Largest movements
- Cash -€4,519
down €4,519 (-20.1%), from €22,484 to €17,964
mainly Other debts (-€10,177)
- Tangible fixed assets -€3,480
down €3,480 (-10.8%), from €32,133 to €28,653
of which Plant, machinery and equipment: -€2,574
- Other debts -€10,177
down €10,177 (-99.8%), from €10,197 to €20
- Reserves +€1,736
up €1,736 (+8.7%), from €19,919 to €21,655
of which Distributable reserves: +€1,649
- Gross operating margin +€1,750
up €1,750 (+24.7%), from €7,100 to €8,850
- Financial income +€875
new in 2025: €875
- Taxes +€705
up €705, from €0 to €705
- Other operating charges -€134
down €134 (-3.5%), from €3,866 to €3,732
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 | €91,617 | €83,175 | -€8,441 | -9.2% |
| Fixed assets | 21/28 | €32,133 | €28,653 | -€3,480 | -10.8% |
| Tangible fixed assets | 22/27 | €32,133 | €28,653 | -€3,480 | -10.8% |
| Land and buildings | 22 | €15,175 | €14,269 | -€906 | -6.0% |
| Plant, machinery and equipment | 23 | €16,958 | €14,384 | -€2,574 | -15.2% |
| Current assets | 29/58 | €59,484 | €54,522 | -€4,962 | -8.3% |
| Amounts receivable within one year | 40/41 | €2,000 | €1,558 | -€442 | -22.1% |
| Other amounts receivable | 41 | €2,000 | €1,558 | -€442 | -22.1% |
| Current investments | 50/53 | €35,000 | €35,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €22,484 | €17,964 | -€4,519 | -20.1% |
| Total equity and liabilities | 10/49 | €91,617 | €83,175 | -€8,441 | -9.2% |
| Equity | 10/15 | €81,419 | €83,155 | +€1,736 | +2.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €19,919 | €21,655 | +€1,736 | +8.7% |
| Non-distributable reserves | 130/1 | €3,718 | €3,805 | +€87 | +2.3% |
| Legal reserve | 130 | €3,718 | €3,805 | +€87 | +2.3% |
| Distributable reserves | 133 | €16,201 | €17,850 | +€1,649 | +10.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €10,197 | €20 | -€10,177 | -99.8% |
| Amounts payable within one year | 42/48 | €10,197 | €20 | -€10,177 | -99.8% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €10,197 | €20 | -€10,177 | -99.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,480 | €3,480 | = | 0.0% |
| Other operating charges | 640/8 | €3,866 | €3,732 | -€134 | -3.5% |
| Gross operating margin | 9900 | €7,100 | €8,850 | +€1,750 | +24.7% |
| Operating profit (loss) | 9901 | -€246 | €1,638 | +€1,884 | |
| Financial income | 75/76B | - | €875 | +€875 | |
| Recurring financial income | 75 | - | €875 | +€875 | |
| Financial charges | 65/66B | €70 | €72 | +€2 | +3.5% |
| Recurring financial charges | 65 | €70 | €72 | +€2 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | -€316 | €2,441 | +€2,757 | |
| Income taxes | 67/77 | €0 | €705 | +€705 | |
| Profit (loss) for the period | 9904 | -€316 | €1,736 | +€2,052 | |
| Profit (loss) for the period to be appropriated | 9905 | -€316 | €1,736 | +€2,052 |
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 4 October 2026 via checked.be.