INDIMMO FINANCE: 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.
INDIMMO FINANCE
Largest movements
- Current investments -€7.1m
down €7.1m (-28.6%), from €24.8m to €17.7m
- Receivables after one year -€752,845
no longer reported in 2025 (was €752,845)
- Cash +€496,222
up €496,222 (+751%), from €66,111 to €562,333
mainly Current investments (+€7.1m) and Net result for the year (+€3.6m)
- Receivables within one year +€417,397
up €417,397 (+51.3%), from €814,176 to €1.2m
of which Other amounts receivable: +€420,184
- Contributions -€7.0m
down €7.0m (-44.7%), from €15.7m to €8.7m
- Debts after one year -€1.2m
down €1.2m (-24.8%), from €4.9m to €3.7m
of which Financial debts: -€1.2m
- Profit (loss) carried forward +€823,298
up €823,298 (+26.0%), from €3.2m to €4.0m
- Other debts +€285,477
up €285,477 (+82.9%), from €344,523 to €630,000
- Financial income +€2.2m
up €2.2m (+125%), from €1.8m to €4.0m
- Financial charges -€104,865
down €104,865 (-35.8%), from €292,792 to €187,927
- Taxes +€68,875
new in 2025: €68,875
- Gross operating margin -€62,120
down €62,120 (-283%), from -€21,971 to -€84,091
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,460,325 | €19,489,099 | -€7.0m | -26.3% |
| Current assets | 29/58 | €26,460,325 | €19,489,099 | -€7.0m | -26.3% |
| Amounts receivable after more than one year | 29 | €752,845 | - | -€752,845 | |
| Other amounts receivable | 291 | €752,845 | - | -€752,845 | |
| Amounts receivable within one year | 40/41 | €814,176 | €1,231,573 | +€417,397 | +51.3% |
| Trade receivables | 40 | €7,507 | €4,719 | -€2,788 | -37.1% |
| Other amounts receivable | 41 | €806,670 | €1,226,854 | +€420,184 | +52.1% |
| Current investments | 50/53 | €24,780,167 | €17,695,156 | -€7.1m | -28.6% |
| Cash at bank and in hand | 54/58 | €66,111 | €562,333 | +€496,222 | +751% |
| Deferred charges and accrued income | 490/1 | €47,025 | €37 | -€46,988 | -99.9% |
| Total equity and liabilities | 10/49 | €26,460,325 | €19,489,099 | -€7.0m | -26.3% |
| Equity | 10/15 | €19,069,258 | €13,074,857 | -€6.0m | -31.4% |
| Contributions | 10/11 | €15,650,000 | €8,650,000 | -€7.0m | -44.7% |
| Capital | 10 | €15,650,000 | €8,650,000 | -€7.0m | -44.7% |
| Issued capital | 100 | €15,650,000 | €8,650,000 | -€7.0m | -44.7% |
| Reserves | 13 | €253,700 | €436,000 | +€182,300 | +71.9% |
| Non-distributable reserves | 130/1 | €253,700 | €436,000 | +€182,300 | +71.9% |
| Legal reserve | 130 | €253,700 | €436,000 | +€182,300 | +71.9% |
| Profit (loss) carried forward | 14 | €3,165,558 | €3,988,857 | +€823,298 | +26.0% |
| Amounts payable | 17/49 | €7,391,066 | €6,414,242 | -€976,824 | -13.2% |
| Amounts payable after more than one year | 17 | €4,855,233 | €3,652,707 | -€1.2m | -24.8% |
| Financial debts | 170/4 | €4,827,969 | €3,652,707 | -€1.2m | -24.3% |
| Other amounts payable | 178/9 | €27,264 | - | -€27,264 | |
| Amounts payable within one year | 42/48 | €2,350,391 | €2,648,770 | +€298,379 | +12.7% |
| Financial debts | 43 | €2,000,000 | €2,000,000 | = | 0.0% |
| Credit institutions | 430/8 | €2,000,000 | €2,000,000 | = | 0.0% |
| Trade debts | 44 | €5,868 | €9,081 | +€3,214 | +54.8% |
| Suppliers | 440/4 | €5,868 | €9,081 | +€3,214 | +54.8% |
| Taxes, remuneration and social security | 45 | - | €9,688 | +€9,688 | |
| Remuneration and social security | 454/9 | - | €9,688 | +€9,688 | |
| Other amounts payable | 47/48 | €344,523 | €630,000 | +€285,477 | +82.9% |
| Accrued charges and deferred income | 492/3 | €185,443 | €112,766 | -€72,677 | -39.2% |
| Other operating charges | 640/8 | €968 | €1,627 | +€660 | +68.2% |
| Gross operating margin | 9900 | -€21,971 | -€84,091 | -€62,120 | -283% |
| Operating profit (loss) | 9901 | -€22,939 | -€85,718 | -€62,780 | -274% |
| Financial income | 75/76B | €1,769,405 | €3,978,119 | +€2.2m | +125% |
| Recurring financial income | 75 | €1,769,405 | €3,978,119 | +€2.2m | +125% |
| Financial charges | 65/66B | €292,792 | €187,927 | -€104,865 | -35.8% |
| Recurring financial charges | 65 | €292,792 | €187,927 | -€104,865 | -35.8% |
| Profit (loss) for the period before taxes | 9903 | €1,453,674 | €3,704,474 | +€2.3m | +155% |
| Income taxes | 67/77 | - | €68,875 | +€68,875 | |
| Profit (loss) for the period | 9904 | €1,453,674 | €3,635,598 | +€2.2m | +150% |
| Profit (loss) for the period to be appropriated | 9905 | €1,453,674 | €3,635,598 | +€2.2m | +150% |
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 31 October 2026 via checked.be.