IMMOVIE: 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.
IMMOVIE
Largest movements
- Cash -€59,518
down €59,518 (-82.0%), from €72,580 to €13,062
mainly Net result for the year (-€63,982) and Debts after one year (-€55,587)
- Tangible fixed assets -€56,616
down €56,616 (-10.2%), from €552,697 to €496,081
of which Land and buildings: -€78,316
- Profit (loss) carried forward -€61,973
down €61,973 (-16.7%), from -€371,787 to -€433,760
- Debts after one year -€55,587
down €55,587 (-15.2%), from €366,765 to €311,177
of which Financial debts: -€55,587
- Revaluation surpluses -€30,000
down €30,000 (-12.5%), from €240,000 to €210,000
- Reserves +€27,991
up €27,991 (+36.2%), from €77,423 to €105,413
of which Non-distributable reserves: +€30,000
- Gross operating margin -€233,504
down €233,504 (-85.0%), from €274,837 to €41,333
- Financial income -€8,247
down €8,247 (-95.7%), from €8,613 to €366
- Financial charges -€4,098
down €4,098 (-20.3%), from €20,144 to €16,046
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 | €1,052,800 | €933,821 | -€118,979 | -11.3% |
| Fixed assets | 21/28 | €562,697 | €506,081 | -€56,616 | -10.1% |
| Tangible fixed assets | 22/27 | €552,697 | €496,081 | -€56,616 | -10.2% |
| Land and buildings | 22 | €551,543 | €473,226 | -€78,316 | -14.2% |
| Plant, machinery and equipment | 23 | €900 | €849 | -€51 | -5.6% |
| Furniture and vehicles | 24 | €254 | €22,005 | +€21,751 | +8,553% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €490,103 | €427,740 | -€62,363 | -12.7% |
| Amounts receivable within one year | 40/41 | €416,073 | €412,929 | -€3,145 | -0.8% |
| Other amounts receivable | 41 | €416,073 | €412,929 | -€3,145 | -0.8% |
| Cash at bank and in hand | 54/58 | €72,580 | €13,062 | -€59,518 | -82.0% |
| Deferred charges and accrued income | 490/1 | €1,450 | €1,750 | +€300 | +20.7% |
| Total equity and liabilities | 10/49 | €1,052,800 | €933,821 | -€118,979 | -11.3% |
| Equity | 10/15 | €545,636 | €481,654 | -€63,982 | -11.7% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Capital | 10 | €600,000 | €600,000 | = | 0.0% |
| Issued capital | 100 | €600,000 | €600,000 | = | 0.0% |
| Revaluation surpluses | 12 | €240,000 | €210,000 | -€30,000 | -12.5% |
| Reserves | 13 | €77,423 | €105,413 | +€27,991 | +36.2% |
| Non-distributable reserves | 130/1 | €66,200 | €96,200 | +€30,000 | +45.3% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Other | 1319 | €60,000 | €90,000 | +€30,000 | +50.0% |
| Tax-exempt reserves | 132 | €10,225 | €8,216 | -€2,009 | -19.7% |
| Distributable reserves | 133 | €998 | €998 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€371,787 | -€433,760 | -€61,973 | -16.7% |
| Provisions and deferred taxes | 16 | €5,265 | €4,230 | -€1,035 | -19.7% |
| Deferred taxes | 168 | €5,265 | €4,230 | -€1,035 | -19.7% |
| Amounts payable | 17/49 | €501,899 | €447,937 | -€53,962 | -10.8% |
| Amounts payable after more than one year | 17 | €366,765 | €311,177 | -€55,587 | -15.2% |
| Financial debts | 170/4 | €338,168 | €282,581 | -€55,587 | -16.4% |
| Other amounts payable | 178/9 | €28,597 | €28,597 | = | 0.0% |
| Amounts payable within one year | 42/48 | €134,955 | €136,085 | +€1,130 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €53,520 | €55,587 | +€2,067 | +3.9% |
| Trade debts | 44 | €275 | €1,886 | +€1,610 | +585% |
| Suppliers | 440/4 | €275 | €1,886 | +€1,610 | +585% |
| Taxes, remuneration and social security | 45 | - | €510 | +€510 | |
| Taxes | 450/3 | - | €510 | +€510 | |
| Other amounts payable | 47/48 | €81,160 | €78,102 | -€3,058 | -3.8% |
| Accrued charges and deferred income | 492/3 | €180 | €675 | +€495 | +275% |
| Non-recurring operating income | 76A | €206,068 | - | -€206,068 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,271 | €82,125 | +€854 | +1.1% |
| Other operating charges | 640/8 | €10,472 | €8,435 | -€2,037 | -19.4% |
| Gross operating margin | 9900 | €274,837 | €41,333 | -€233,504 | -85.0% |
| Operating profit (loss) | 9901 | €183,094 | -€49,227 | -€232,322 | |
| Financial income | 75/76B | €8,613 | €366 | -€8,247 | -95.7% |
| Recurring financial income | 75 | €8,613 | €366 | -€8,247 | -95.7% |
| Financial charges | 65/66B | €20,144 | €16,046 | -€4,098 | -20.3% |
| Recurring financial charges | 65 | €20,144 | €16,046 | -€4,098 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | €171,564 | -€64,907 | -€236,471 | |
| Transfer from deferred taxes | 780 | €4,940 | €1,035 | -€3,905 | -79.1% |
| Income taxes | 67/77 | -€3 | €110 | +€112 | |
| Profit (loss) for the period | 9904 | €176,507 | -€63,982 | -€240,489 | |
| Transfer from tax-exempt reserves | 789 | €9,594 | €2,009 | -€7,584 | -79.1% |
| Profit (loss) for the period to be appropriated | 9905 | €186,100 | -€61,973 | -€248,073 |
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.