IMMOVEJO: 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.
IMMOVEJO
Largest movements
- Tangible fixed assets -€26,077
down €26,077 (-5.7%), from €454,415 to €428,338
of which Plant, machinery and equipment: -€13,549
- Receivables within one year +€16,355
up €16,355 (+3.7%), from €438,436 to €454,791
of which Other amounts receivable: +€12,014
- Other debts +€35,553
up €35,553 (+9.9%), from €357,685 to €393,238
- Profit (loss) carried forward -€28,553
down €28,553 (-23.7%), from -€120,583 to -€149,136
- Debts after one year -€22,042
down €22,042 (-6.2%), from €355,057 to €333,014
- Gross operating margin +€8,208
up €8,208 (+443%), from €1,854 to €10,062
- Financial charges -€1,545
down €1,545 (-7.9%), from €19,587 to €18,042
- Depreciation -€454
down €454 (-1.7%), from €26,531 to €26,077
- Financial income +€363
up €363 (+3.4%), from €10,744 to €11,107
- Other operating charges +€302
up €302 (+10.0%), from €3,029 to €3,331
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 | €898,895 | €886,337 | -€12,558 | -1.4% |
| Fixed assets | 21/28 | €454,415 | €428,338 | -€26,077 | -5.7% |
| Tangible fixed assets | 22/27 | €454,415 | €428,338 | -€26,077 | -5.7% |
| Land and buildings | 22 | €361,266 | €348,738 | -€12,528 | -3.5% |
| Plant, machinery and equipment | 23 | €93,149 | €79,599 | -€13,549 | -14.5% |
| Current assets | 29/58 | €444,480 | €458,000 | +€13,519 | +3.0% |
| Amounts receivable within one year | 40/41 | €438,436 | €454,791 | +€16,355 | +3.7% |
| Trade receivables | 40 | €69,100 | €73,442 | +€4,342 | +6.3% |
| Other amounts receivable | 41 | €369,336 | €381,350 | +€12,014 | +3.3% |
| Cash at bank and in hand | 54/58 | €5,440 | €2,571 | -€2,869 | -52.7% |
| Deferred charges and accrued income | 490/1 | €604 | €637 | +€33 | +5.4% |
| Total equity and liabilities | 10/49 | €898,895 | €886,337 | -€12,558 | -1.4% |
| Equity | 10/15 | €109,017 | €80,464 | -€28,553 | -26.2% |
| Contributions | 10/11 | €87,600 | €87,600 | = | 0.0% |
| Revaluation surpluses | 12 | €117,014 | €114,743 | -€2,271 | -1.9% |
| Reserves | 13 | €24,986 | €27,257 | +€2,271 | +9.1% |
| Distributable reserves | 133 | €24,986 | €27,257 | +€2,271 | +9.1% |
| Profit (loss) carried forward | 14 | -€120,583 | -€149,136 | -€28,553 | -23.7% |
| Amounts payable | 17/49 | €789,878 | €805,873 | +€15,995 | +2.0% |
| Amounts payable after more than one year | 17 | €355,057 | €333,014 | -€22,042 | -6.2% |
| Financial debts | 170/4 | €355,057 | €333,014 | -€22,042 | -6.2% |
| Amounts payable within one year | 42/48 | €433,854 | €472,859 | +€39,004 | +9.0% |
| Trade debts | 44 | €624 | €2,725 | +€2,100 | +336% |
| Suppliers | 440/4 | €624 | €2,725 | +€2,100 | +336% |
| Advances received on contracts in progress | 46 | €75,545 | €75,545 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €1,351 | +€1,351 | |
| Taxes | 450/3 | - | €1,351 | +€1,351 | |
| Other amounts payable | 47/48 | €357,685 | €393,238 | +€35,553 | +9.9% |
| Accrued charges and deferred income | 492/3 | €968 | - | -€968 | |
| Non-recurring operating income | 76A | €2,271 | €2,271 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,531 | €26,077 | -€454 | -1.7% |
| Other operating charges | 640/8 | €3,029 | €3,331 | +€302 | +10.0% |
| Gross operating margin | 9900 | €1,854 | €10,062 | +€8,208 | +443% |
| Operating profit (loss) | 9901 | -€27,706 | -€19,347 | +€8,359 | +30.2% |
| Financial income | 75/76B | €10,744 | €11,107 | +€363 | +3.4% |
| Recurring financial income | 75 | €10,744 | €11,107 | +€363 | +3.4% |
| Financial charges | 65/66B | €19,587 | €18,042 | -€1,545 | -7.9% |
| Recurring financial charges | 65 | €19,587 | €18,042 | -€1,545 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | -€36,548 | -€26,281 | +€10,267 | +28.1% |
| Profit (loss) for the period | 9904 | -€36,548 | -€26,281 | +€10,267 | +28.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,548 | -€26,281 | +€10,267 | +28.1% |
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 16 October 2026 via checked.be.