IMOCARIS: 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.
IMOCARIS
Largest movements
- Tangible fixed assets -€53,672
down €53,672 (-4.4%), from €1.2m to €1.2m
of which Land and buildings: -€41,307
- Cash +€26,626
up €26,626 (+88.4%), from €30,128 to €56,754
mainly Depreciation (+€59,560) and Accrued charges and deferred income (+€16,488)
- Debts after one year -€24,138
down €24,138 (-10.6%), from €228,084 to €203,946
- Other debts -€20,555
down €20,555 (-8.8%), from €232,402 to €211,847
- Accrued charges and deferred income +€16,488
up €16,488 (+30.5%), from €54,058 to €70,547
- Gross operating margin +€12,402
up €12,402 (+19.7%), from €62,878 to €75,280
- Taxes +€2,166
new in 2025: €2,166
- Depreciation +€1,517
up €1,517 (+2.6%), from €58,043 to €59,560
- Financial charges -€957
down €957 (-4.4%), from €21,519 to €20,563
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 | €1,250,788 | €1,224,966 | -€25,822 | -2.1% |
| Fixed assets | 21/28 | €1,210,432 | €1,156,761 | -€53,672 | -4.4% |
| Tangible fixed assets | 22/27 | €1,210,432 | €1,156,761 | -€53,672 | -4.4% |
| Land and buildings | 22 | €1,147,401 | €1,106,093 | -€41,307 | -3.6% |
| Furniture and vehicles | 24 | €63,032 | €50,668 | -€12,364 | -19.6% |
| Current assets | 29/58 | €40,356 | €68,205 | +€27,850 | +69.0% |
| Amounts receivable within one year | 40/41 | €10,000 | €9,297 | -€703 | -7.0% |
| Trade receivables | 40 | - | €1,462 | +€1,462 | |
| Other amounts receivable | 41 | €10,000 | €7,834 | -€2,166 | -21.7% |
| Cash at bank and in hand | 54/58 | €30,128 | €56,754 | +€26,626 | +88.4% |
| Deferred charges and accrued income | 490/1 | €228 | €2,155 | +€1,927 | +847% |
| Total equity and liabilities | 10/49 | €1,250,788 | €1,224,966 | -€25,822 | -2.1% |
| Equity | 10/15 | €590,960 | €585,198 | -€5,762 | -1.0% |
| Contributions | 10/11 | €120,500 | €120,500 | = | 0.0% |
| Capital | 10 | €120,500 | €120,500 | = | 0.0% |
| Issued capital | 100 | €120,500 | €120,500 | = | 0.0% |
| Reserves | 13 | €472,644 | €464,698 | -€7,945 | -1.7% |
| Non-distributable reserves | 130/1 | €5,505 | €6,010 | +€505 | +9.2% |
| Legal reserve | 130 | €5,505 | €6,010 | +€505 | +9.2% |
| Tax-exempt reserves | 132 | €364,806 | €347,707 | -€17,099 | -4.7% |
| Distributable reserves | 133 | €102,333 | €110,981 | +€8,649 | +8.5% |
| Profit (loss) carried forward | 14 | -€2,183 | €0 | +€2,183 | |
| Provisions and deferred taxes | 16 | €121,602 | €115,902 | -€5,700 | -4.7% |
| Deferred taxes | 168 | €121,602 | €115,902 | -€5,700 | -4.7% |
| Amounts payable | 17/49 | €538,226 | €523,866 | -€14,360 | -2.7% |
| Amounts payable after more than one year | 17 | €228,084 | €203,946 | -€24,138 | -10.6% |
| Financial debts | 170/4 | €228,084 | €203,946 | -€24,138 | -10.6% |
| Amounts payable within one year | 42/48 | €256,084 | €249,374 | -€6,711 | -2.6% |
| Current portion of amounts payable after more than one year | 42 | €23,682 | €24,138 | +€456 | +1.9% |
| Financial debts | 43 | €0 | €10,000 | +€10,000 | |
| Credit institutions | 430/8 | €0 | €10,000 | +€10,000 | |
| Trade debts | 44 | €0 | €3,388 | +€3,388 | |
| Suppliers | 440/4 | €0 | €3,388 | +€3,388 | |
| Other amounts payable | 47/48 | €232,402 | €211,847 | -€20,555 | -8.8% |
| Accrued charges and deferred income | 492/3 | €54,058 | €70,547 | +€16,488 | +30.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,043 | €59,560 | +€1,517 | +2.6% |
| Other operating charges | 640/8 | €4,456 | €4,550 | +€94 | +2.1% |
| Gross operating margin | 9900 | €62,878 | €75,280 | +€12,402 | +19.7% |
| Operating profit (loss) | 9901 | €379 | €11,169 | +€10,791 | +2,850% |
| Financial income | 75/76B | €0 | €97 | +€97 | |
| Recurring financial income | 75 | €0 | €97 | +€97 | |
| Financial charges | 65/66B | €21,519 | €20,563 | -€957 | -4.4% |
| Recurring financial charges | 65 | €21,519 | €20,563 | -€957 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | -€21,141 | -€9,296 | +€11,845 | +56.0% |
| Transfer from deferred taxes | 780 | €5,700 | €5,700 | = | 0.0% |
| Income taxes | 67/77 | - | €2,166 | +€2,166 | |
| Profit (loss) for the period | 9904 | -€15,441 | -€5,762 | +€9,679 | +62.7% |
| Transfer from tax-exempt reserves | 789 | €17,099 | €17,099 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,658 | €11,337 | +€9,679 | +584% |
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 14 October 2026 via checked.be.