IMMOVANBIS: 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.
IMMOVANBIS
Largest movements
- Receivables within one year +€45,503
up €45,503 (+54.5%), from €83,506 to €129,009
- Reserves +€312,748
up €312,748 (+55.2%), from €566,654 to €879,402
of which Distributable reserves: +€312,748
- Debts after one year -€260,000
down €260,000 (-16.0%), from €1.6m to €1.4m
- Financial income +€162,492
up €162,492 (+76.0%), from €213,806 to €376,298
- Taxes +€14,528
up €14,528 (+86.8%), from €16,747 to €31,275
- Gross operating margin -€5,457
down €5,457 (-82.8%), from -€6,590 to -€12,047
- Financial charges -€2,808
down €2,808 (-12.8%), from €21,949 to €19,141
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 | €3,083,127 | €3,154,566 | +€71,439 | +2.3% |
| Fixed assets | 21/28 | €2,974,536 | €2,974,536 | = | 0.0% |
| Financial fixed assets | 28 | €2,974,536 | €2,974,536 | = | 0.0% |
| Current assets | 29/58 | €108,591 | €180,031 | +€71,439 | +65.8% |
| Amounts receivable within one year | 40/41 | €83,506 | €129,009 | +€45,503 | +54.5% |
| Other amounts receivable | 41 | €83,506 | €129,009 | +€45,503 | +54.5% |
| Cash at bank and in hand | 54/58 | €25,085 | €51,021 | +€25,936 | +103.4% |
| Total equity and liabilities | 10/49 | €3,083,127 | €3,154,566 | +€71,439 | +2.3% |
| Equity | 10/15 | €1,382,442 | €1,695,190 | +€312,748 | +22.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Revaluation surpluses | 12 | €214,704 | €214,704 | = | 0.0% |
| Reserves | 13 | €566,654 | €879,402 | +€312,748 | +55.2% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €564,799 | €877,547 | +€312,748 | +55.4% |
| Profit (loss) carried forward | 14 | €582,534 | €582,534 | = | 0.0% |
| Amounts payable | 17/49 | €1,700,685 | €1,459,376 | -€241,309 | -14.2% |
| Amounts payable after more than one year | 17 | €1,630,000 | €1,370,000 | -€260,000 | -16.0% |
| Financial debts | 170/4 | €1,630,000 | €1,370,000 | -€260,000 | -16.0% |
| Amounts payable within one year | 42/48 | €48,781 | €70,298 | +€21,517 | +44.1% |
| Trade debts | 44 | €4,735 | €5,251 | +€516 | +10.9% |
| Suppliers | 440/4 | €4,735 | €5,251 | +€516 | +10.9% |
| Other amounts payable | 47/48 | €44,046 | €65,047 | +€21,001 | +47.7% |
| Accrued charges and deferred income | 492/3 | €21,904 | €19,079 | -€2,825 | -12.9% |
| Other operating charges | 640/8 | €1,053 | €1,086 | +€34 | +3.2% |
| Gross operating margin | 9900 | -€6,590 | -€12,047 | -€5,457 | -82.8% |
| Operating profit (loss) | 9901 | -€7,643 | -€13,134 | -€5,491 | -71.8% |
| Financial income | 75/76B | €213,806 | €376,298 | +€162,492 | +76.0% |
| Recurring financial income | 75 | €213,806 | €376,298 | +€162,492 | +76.0% |
| Financial charges | 65/66B | €21,949 | €19,141 | -€2,808 | -12.8% |
| Recurring financial charges | 65 | €21,949 | €19,141 | -€2,808 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €184,214 | €344,023 | +€159,809 | +86.8% |
| Income taxes | 67/77 | €16,747 | €31,275 | +€14,528 | +86.8% |
| Profit (loss) for the period | 9904 | €167,467 | €312,748 | +€145,281 | +86.8% |
| Profit (loss) for the period to be appropriated | 9905 | €167,467 | €312,748 | +€145,281 | +86.8% |
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 30 September 2026 via checked.be.