INBOCO IMMO: 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.
INBOCO IMMO
Largest movements
- Tangible fixed assets -€52,961
down €52,961 (-3.3%), from €1.6m to €1.5m
of which Land and buildings: -€40,747
- Other debts -€109,609
down €109,609 (-11.2%), from €976,168 to €866,560
- Reserves +€30,681
up €30,681 (+5.1%), from €597,384 to €628,065
of which Distributable reserves: +€30,681
- Gross operating margin -€95,811
down €95,811 (-36.3%), from €263,812 to €168,002
- Depreciation -€95,426
down €95,426 (-51.0%), from €187,151 to €91,725
- Taxes +€6,612
up €6,612, from €0 to €6,612
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 | €1,636,544 | €1,584,953 | -€51,592 | -3.2% |
| Fixed assets | 21/28 | €1,599,452 | €1,546,491 | -€52,961 | -3.3% |
| Tangible fixed assets | 22/27 | €1,599,452 | €1,546,491 | -€52,961 | -3.3% |
| Land and buildings | 22 | €1,552,832 | €1,512,085 | -€40,747 | -2.6% |
| Plant, machinery and equipment | 23 | €41,467 | €30,970 | -€10,496 | -25.3% |
| Furniture and vehicles | 24 | €5,153 | €3,435 | -€1,718 | -33.3% |
| Current assets | 29/58 | €37,093 | €38,462 | +€1,369 | +3.7% |
| Cash at bank and in hand | 54/58 | €36,262 | €34,210 | -€2,052 | -5.7% |
| Deferred charges and accrued income | 490/1 | €830 | €4,252 | +€3,422 | +412.0% |
| Total equity and liabilities | 10/49 | €1,636,544 | €1,584,953 | -€51,592 | -3.2% |
| Equity | 10/15 | €659,357 | €690,038 | +€30,681 | +4.7% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €597,384 | €628,065 | +€30,681 | +5.1% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €591,187 | €621,868 | +€30,681 | +5.2% |
| Amounts payable | 17/49 | €977,187 | €894,914 | -€82,273 | -8.4% |
| Amounts payable within one year | 42/48 | €977,187 | €883,963 | -€93,225 | -9.5% |
| Trade debts | 44 | €1,019 | €10,804 | +€9,784 | +960.1% |
| Suppliers | 440/4 | €1,019 | €10,804 | +€9,784 | +960.1% |
| Taxes, remuneration and social security | 45 | - | €6,600 | +€6,600 | |
| Taxes | 450/3 | - | €6,600 | +€6,600 | |
| Other amounts payable | 47/48 | €976,168 | €866,560 | -€109,609 | -11.2% |
| Accrued charges and deferred income | 492/3 | - | €10,952 | +€10,952 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €187,151 | €91,725 | -€95,426 | -51.0% |
| Other operating charges | 640/8 | €27,029 | €27,961 | +€932 | +3.4% |
| Gross operating margin | 9900 | €263,812 | €168,002 | -€95,811 | -36.3% |
| Operating profit (loss) | 9901 | €49,632 | €48,315 | -€1,317 | -2.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €12,490 | €11,021 | -€1,468 | -11.8% |
| Recurring financial charges | 65 | €12,490 | €11,021 | -€1,468 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €37,142 | €37,293 | +€151 | +0.4% |
| Income taxes | 67/77 | €0 | €6,612 | +€6,612 | |
| Profit (loss) for the period | 9904 | €37,142 | €30,681 | -€6,461 | -17.4% |
| Profit (loss) for the period to be appropriated | 9905 | €37,142 | €30,681 | -€6,461 | -17.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.