IMMOWOUT: what changed
Two fiscal 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.
IMMOWOUT
Largest movements
- Tangible fixed assets -€7,017
down €7,017 (-4.7%), from €150,710 to €143,693
- Cash +€5,676
up €5,676 (+13.1%), from €43,390 to €49,066
mainly Net result for the year (+€10,933) and Depreciation (+€7,017)
- Debts after one year -€12,045
down €12,045 (-18.3%), from €65,848 to €53,803
- Profit (loss) carried forward +€10,933
up €10,933 (+11.6%), from €93,860 to €104,793
- Gross operating margin -€2,079
down €2,079 (-6.8%), from €30,600 to €28,521
- Taxes -€962
down €962 (-24.0%), from €4,009 to €3,047
- Other operating charges +€355
up €355 (+7.9%), from €4,502 to €4,857
- Financial charges -€310
down €310 (-9.6%), from €3,242 to €2,932
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 | €363,135 | €362,393 | -€742 | -0.2% |
| Fixed assets | 21/28 | €150,710 | €143,693 | -€7,017 | -4.7% |
| Tangible fixed assets | 22/27 | €150,710 | €143,693 | -€7,017 | -4.7% |
| Land and buildings | 22 | €150,710 | €143,693 | -€7,017 | -4.7% |
| Current assets | 29/58 | €212,425 | €218,700 | +€6,275 | +3.0% |
| Stocks and contracts in progress | 3 | €155,786 | €155,786 | = | 0.0% |
| Stocks | 30/36 | €155,786 | €155,786 | = | 0.0% |
| Amounts receivable within one year | 40/41 | - | €600 | +€600 | |
| Trade receivables | 40 | - | €600 | +€600 | |
| Cash at bank and in hand | 54/58 | €43,390 | €49,066 | +€5,676 | +13.1% |
| Deferred charges and accrued income | 490/1 | €13,249 | €13,248 | -€1 | 0.0% |
| Total equity and liabilities | 10/49 | €363,135 | €362,393 | -€742 | -0.2% |
| Equity | 10/15 | €274,377 | €285,310 | +€10,933 | +4.0% |
| Contributions | 10/11 | €164,106 | €164,106 | = | 0.0% |
| Capital | 10 | €164,106 | €164,106 | = | 0.0% |
| Issued capital | 100 | €164,106 | €164,106 | = | 0.0% |
| Reserves | 13 | €16,411 | €16,411 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,411 | €16,411 | = | 0.0% |
| Legal reserve | 130 | €16,411 | €16,411 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,860 | €104,793 | +€10,933 | +11.6% |
| Amounts payable | 17/49 | €88,758 | €77,083 | -€11,675 | -13.2% |
| Amounts payable after more than one year | 17 | €65,848 | €53,803 | -€12,045 | -18.3% |
| Financial debts | 170/4 | €65,848 | €53,803 | -€12,045 | -18.3% |
| Amounts payable within one year | 42/48 | €22,910 | €23,280 | +€370 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €12,810 | €12,045 | -€765 | -6.0% |
| Trade debts | 44 | €5,169 | €8,267 | +€3,098 | +59.9% |
| Suppliers | 440/4 | €5,169 | €8,267 | +€3,098 | +59.9% |
| Advances received on contracts in progress | 46 | €600 | - | -€600 | |
| Taxes, remuneration and social security | 45 | €4,331 | €2,968 | -€1,363 | -31.5% |
| Taxes | 450/3 | €4,331 | €2,968 | -€1,363 | -31.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,017 | €7,017 | = | 0.0% |
| Other operating charges | 640/8 | €4,502 | €4,857 | +€355 | +7.9% |
| Gross operating margin | 9900 | €30,600 | €28,521 | -€2,079 | -6.8% |
| Operating profit (loss) | 9901 | €19,081 | €16,647 | -€2,434 | -12.8% |
| Financial income | 75/76B | €56 | €265 | +€209 | +373.2% |
| Recurring financial income | 75 | €56 | €265 | +€209 | +373.2% |
| Financial charges | 65/66B | €3,242 | €2,932 | -€310 | -9.6% |
| Recurring financial charges | 65 | €3,242 | €2,932 | -€310 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €15,895 | €13,980 | -€1,915 | -12.0% |
| Income taxes | 67/77 | €4,009 | €3,047 | -€962 | -24.0% |
| Profit (loss) for the period | 9904 | €11,886 | €10,933 | -€953 | -8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,886 | €10,933 | -€953 | -8.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.