IMMOWORLD: 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.
IMMOWORLD
Largest movements
- Tangible fixed assets -€25,937
down €25,937 (-5.7%), from €453,629 to €427,692
of which Land and buildings: -€25,246
- Cash -€10,847
down €10,847 (-61.3%), from €17,710 to €6,862
mainly Net result for the year (-€49,912) and Investment in fixed assets (net) (-€8,022)
- Profit (loss) carried forward -€49,912
down €49,912, from €19,558 to -€30,354
- Other debts +€6,490
up €6,490, from €0 to €6,490
- Debts after one year +€5,303
up €5,303 (+1.3%), from €396,418 to €401,721
- Gross operating margin -€12,269
down €12,269 (-96.2%), from €12,751 to €482
- Depreciation +€676
up €676 (+2.0%), from €33,283 to €33,959
- Financial charges +€239
up €239 (+2.4%), from €10,124 to €10,362
- Other operating charges +€184
up €184 (+3.1%), from €5,889 to €6,072
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 | €484,749 | €447,707 | -€37,042 | -7.6% |
| Fixed assets | 21/28 | €453,629 | €427,692 | -€25,937 | -5.7% |
| Tangible fixed assets | 22/27 | €453,629 | €427,692 | -€25,937 | -5.7% |
| Land and buildings | 22 | €452,938 | €427,692 | -€25,246 | -5.6% |
| Plant, machinery and equipment | 23 | €691 | €0 | -€691 | -100.0% |
| Current assets | 29/58 | €31,120 | €20,015 | -€11,105 | -35.7% |
| Amounts receivable after more than one year | 29 | €1,000 | €1,000 | = | 0.0% |
| Other amounts receivable | 291 | €1,000 | €1,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,538 | €11,280 | -€258 | -2.2% |
| Trade receivables | 40 | €11,538 | €6,335 | -€5,203 | -45.1% |
| Other amounts receivable | 41 | - | €4,945 | +€4,945 | |
| Cash at bank and in hand | 54/58 | €17,710 | €6,862 | -€10,847 | -61.3% |
| Deferred charges and accrued income | 490/1 | €872 | €872 | = | 0.0% |
| Total equity and liabilities | 10/49 | €484,749 | €447,707 | -€37,042 | -7.6% |
| Equity | 10/15 | €87,758 | €37,846 | -€49,912 | -56.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,558 | -€30,354 | -€49,912 | |
| Amounts payable | 17/49 | €396,991 | €409,861 | +€12,870 | +3.2% |
| Amounts payable after more than one year | 17 | €396,418 | €401,721 | +€5,303 | +1.3% |
| Financial debts | 170/4 | €396,418 | €401,721 | +€5,303 | +1.3% |
| Amounts payable within one year | 42/48 | €574 | €8,140 | +€7,566 | +1318.8% |
| Trade debts | 44 | - | €1,061 | +€1,061 | |
| Suppliers | 440/4 | - | €1,061 | +€1,061 | |
| Taxes, remuneration and social security | 45 | €574 | €589 | +€15 | +2.7% |
| Taxes | 450/3 | €574 | €589 | +€15 | +2.7% |
| Other amounts payable | 47/48 | €0 | €6,490 | +€6,490 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,283 | €33,959 | +€676 | +2.0% |
| Other operating charges | 640/8 | €5,889 | €6,072 | +€184 | +3.1% |
| Gross operating margin | 9900 | €12,751 | €482 | -€12,269 | -96.2% |
| Operating profit (loss) | 9901 | -€26,421 | -€39,550 | -€13,129 | -49.7% |
| Financial income | 75/76B | €0 | €1 | +€1 | |
| Recurring financial income | 75 | €0 | €1 | +€1 | |
| Financial charges | 65/66B | €10,124 | €10,362 | +€239 | +2.4% |
| Recurring financial charges | 65 | €10,124 | €10,362 | +€239 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | -€36,545 | -€49,912 | -€13,367 | -36.6% |
| Profit (loss) for the period | 9904 | -€36,545 | -€49,912 | -€13,367 | -36.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,545 | -€49,912 | -€13,367 | -36.6% |
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 12 October 2026 via checked.be.