IMMOVEBA: 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.
IMMOVEBA
Largest movements
- Tangible fixed assets -€3,282
down €3,282 (-7.5%), from €44,007 to €40,725
- Profit (loss) carried forward -€4,144
down €4,144 (-27.8%), from -€14,885 to -€19,028
- Gross operating margin -€976
down €976 (-28.4%), from €3,441 to €2,465
- Depreciation +€60
up €60 (+1.8%), from €3,222 to €3,282
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 | €93,243 | €89,099 | -€4,144 | -4.4% |
| Fixed assets | 21/28 | €44,007 | €40,726 | -€3,281 | -7.5% |
| Tangible fixed assets | 22/27 | €44,007 | €40,725 | -€3,282 | -7.5% |
| Land and buildings | 22 | €44,007 | €40,725 | -€3,282 | -7.5% |
| Financial fixed assets | 28 | - | €1 | +€1 | |
| Current assets | 29/58 | €49,237 | €48,374 | -€863 | -1.8% |
| Amounts receivable within one year | 40/41 | €36,664 | €36,664 | = | 0.0% |
| Other amounts receivable | 41 | €36,664 | €36,664 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €10,523 | €9,961 | -€562 | -5.3% |
| Deferred charges and accrued income | 490/1 | €2,050 | €1,749 | -€301 | -14.7% |
| Total equity and liabilities | 10/49 | €93,243 | €89,099 | -€4,144 | -4.4% |
| Equity | 10/15 | €72,493 | €68,349 | -€4,144 | -5.7% |
| Contributions | 10/11 | €86,750 | €86,750 | = | 0.0% |
| Capital | 10 | €86,750 | €86,750 | = | 0.0% |
| Issued capital | 100 | €86,750 | €86,750 | = | 0.0% |
| Reserves | 13 | €628 | €628 | = | 0.0% |
| Non-distributable reserves | 130/1 | €628 | €628 | = | 0.0% |
| Legal reserve | 130 | €628 | €628 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,885 | -€19,028 | -€4,144 | -27.8% |
| Amounts payable | 17/49 | €20,750 | €20,750 | = | 0.0% |
| Amounts payable after more than one year | 17 | €20,700 | €20,700 | = | 0.0% |
| Other amounts payable | 178/9 | €20,700 | €20,700 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €50 | €50 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,222 | €3,282 | +€60 | +1.8% |
| Other operating charges | 640/8 | €3,182 | €3,177 | -€5 | -0.1% |
| Gross operating margin | 9900 | €3,441 | €2,465 | -€976 | -28.4% |
| Operating profit (loss) | 9901 | -€2,963 | -€3,994 | -€1,031 | -34.8% |
| Financial income | 75/76B | €39 | €33 | -€6 | -15.1% |
| Recurring financial income | 75 | €39 | €33 | -€6 | -15.1% |
| Financial charges | 65/66B | €173 | €182 | +€9 | +5.4% |
| Recurring financial charges | 65 | €173 | €182 | +€9 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,097 | -€4,144 | -€1,046 | -33.8% |
| Profit (loss) for the period | 9904 | -€3,097 | -€4,144 | -€1,046 | -33.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,097 | -€4,144 | -€1,046 | -33.8% |
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 17 October 2026 via checked.be.