IMMOTRUST: 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.
IMMOTRUST
Largest movements
- Current investments -€60,000
no longer reported in 2025 (was €60,000)
- Cash +€46,546
up €46,546 (+368.3%), from €12,636 to €59,182
mainly Current investments (+€60,000) and Depreciation (+€15,738)
- Tangible fixed assets -€15,126
down €15,126 (-17.5%), from €86,330 to €71,204
of which Land and buildings: -€14,265
- Profit (loss) carried forward -€21,735
down €21,735 (-19.3%), from -€112,470 to -€134,205
- Other debts -€7,000
down €7,000 (-2.8%), from €246,329 to €239,329
- Gross operating margin -€4,416
down €4,416 (-300.1%), from -€1,471 to -€5,887
- Financial income +€917
new in 2025: €917
- Depreciation +€126
up €126 (+0.8%), from €15,612 to €15,738
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 | €159,249 | €130,958 | -€28,291 | -17.8% |
| Fixed assets | 21/28 | €86,330 | €71,204 | -€15,126 | -17.5% |
| Tangible fixed assets | 22/27 | €86,330 | €71,204 | -€15,126 | -17.5% |
| Land and buildings | 22 | €82,145 | €67,880 | -€14,265 | -17.4% |
| Furniture and vehicles | 24 | €4,185 | €3,324 | -€861 | -20.6% |
| Current assets | 29/58 | €72,919 | €59,754 | -€13,165 | -18.1% |
| Amounts receivable within one year | 40/41 | - | €275 | +€275 | |
| Other amounts receivable | 41 | - | €275 | +€275 | |
| Current investments | 50/53 | €60,000 | - | -€60,000 | |
| Cash at bank and in hand | 54/58 | €12,636 | €59,182 | +€46,546 | +368.3% |
| Deferred charges and accrued income | 490/1 | €283 | €297 | +€14 | +5.1% |
| Total equity and liabilities | 10/49 | €159,249 | €130,958 | -€28,291 | -17.8% |
| Equity | 10/15 | -€87,080 | -€108,815 | -€21,735 | -25.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €6,798 | €6,798 | = | 0.0% |
| Distributable reserves | 133 | €6,798 | €6,798 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€112,470 | -€134,205 | -€21,735 | -19.3% |
| Amounts payable | 17/49 | €246,329 | €239,773 | -€6,556 | -2.7% |
| Amounts payable within one year | 42/48 | €246,329 | €239,773 | -€6,556 | -2.7% |
| Trade debts | 44 | - | €444 | +€444 | |
| Suppliers | 440/4 | - | €444 | +€444 | |
| Other amounts payable | 47/48 | €246,329 | €239,329 | -€7,000 | -2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,612 | €15,738 | +€126 | +0.8% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€1,471 | -€5,887 | -€4,416 | -300.1% |
| Operating profit (loss) | 9901 | -€17,589 | -€22,144 | -€4,556 | -25.9% |
| Financial income | 75/76B | - | €917 | +€917 | |
| Recurring financial income | 75 | - | €917 | +€917 | |
| Financial charges | 65/66B | €500 | €508 | +€8 | +1.6% |
| Recurring financial charges | 65 | €500 | €508 | +€8 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | -€18,089 | -€21,735 | -€3,646 | -20.2% |
| Profit (loss) for the period | 9904 | -€18,089 | -€21,735 | -€3,646 | -20.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,089 | -€21,735 | -€3,646 | -20.2% |
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 10 October 2026 via checked.be.