IMMOVISION: 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.
IMMOVISION
Largest movements
- Tangible fixed assets -€60,385
down €60,385 (-5.1%), from €1.2m to €1.1m
- Cash -€31,460
down €31,460 (-23.6%), from €133,282 to €101,822
mainly Net result for the year (-€61,407) and Trade debts (-€30,383)
- Profit (loss) carried forward -€61,407
down €61,407 (-4.9%), from -€1.3m to -€1.3m
- Trade debts -€30,383
down €30,383 (-10.1%), from €300,763 to €270,380
- Depreciation -€42,987
down €42,987 (-41.6%), from €103,371 to €60,385
- Gross operating margin -€4,762
down €4,762 (-3.0%), from €157,895 to €153,133
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 | €1,321,751 | €1,229,995 | -€91,757 | -6.9% |
| Fixed assets | 21/28 | €1,186,057 | €1,125,672 | -€60,385 | -5.1% |
| Tangible fixed assets | 22/27 | €1,186,057 | €1,125,672 | -€60,385 | -5.1% |
| Land and buildings | 22 | €1,186,057 | €1,125,672 | -€60,385 | -5.1% |
| Current assets | 29/58 | €135,695 | €104,322 | -€31,372 | -23.1% |
| Amounts receivable within one year | 40/41 | €1,385 | €1,465 | +€80 | +5.7% |
| Other amounts receivable | 41 | €1,385 | €1,465 | +€80 | +5.7% |
| Cash at bank and in hand | 54/58 | €133,282 | €101,822 | -€31,460 | -23.6% |
| Deferred charges and accrued income | 490/1 | €1,027 | €1,035 | +€8 | +0.8% |
| Total equity and liabilities | 10/49 | €1,321,751 | €1,229,995 | -€91,757 | -6.9% |
| Equity | 10/15 | -€1,148,099 | -€1,209,506 | -€61,407 | -5.3% |
| Contributions | 10/11 | €110,110 | €110,110 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,258,209 | -€1,319,616 | -€61,407 | -4.9% |
| Amounts payable | 17/49 | €2,469,851 | €2,439,501 | -€30,350 | -1.2% |
| Amounts payable after more than one year | 17 | €2,110,026 | €2,110,026 | = | 0.0% |
| Financial debts | 170/4 | €2,110,026 | €2,110,026 | = | 0.0% |
| Amounts payable within one year | 42/48 | €357,763 | €327,380 | -€30,383 | -8.5% |
| Trade debts | 44 | €300,763 | €270,380 | -€30,383 | -10.1% |
| Suppliers | 440/4 | €300,763 | €270,380 | -€30,383 | -10.1% |
| Other amounts payable | 47/48 | €57,000 | €57,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,062 | €2,094 | +€33 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €103,371 | €60,385 | -€42,987 | -41.6% |
| Other operating charges | 640/8 | €6,369 | €6,488 | +€119 | +1.9% |
| Gross operating margin | 9900 | €157,895 | €153,133 | -€4,762 | -3.0% |
| Operating profit (loss) | 9901 | €48,155 | €86,261 | +€38,106 | +79.1% |
| Financial income | 75/76B | €79 | €80 | +€1 | +0.7% |
| Recurring financial income | 75 | €79 | €80 | +€1 | +0.7% |
| Financial charges | 65/66B | €147,747 | €147,747 | = | 0.0% |
| Recurring financial charges | 65 | €147,747 | €147,747 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€99,513 | -€61,407 | +€38,106 | +38.3% |
| Profit (loss) for the period | 9904 | -€99,513 | -€61,407 | +€38,106 | +38.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€99,513 | -€61,407 | +€38,106 | +38.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.