INGIMMO: 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.
INGIMMO
Largest movements
- Cash +€28,473
up €28,473 (+105.7%), from €26,935 to €55,407
mainly Net result for the year (+€40,556) and Current investments (+€11,407)
- Current investments -€11,407
down €11,407 (-11.8%), from €96,374 to €84,967
- Tangible fixed assets -€4,225
down €4,225 (-23.0%), from €18,409 to €14,184
of which Furniture and vehicles: -€3,798
- Receivables within one year +€2,091
up €2,091 (+4.4%), from €47,095 to €49,186
of which Other amounts receivable: +€16,443
- Reserves +€40,556
up €40,556 (+30.4%), from €133,536 to €174,093
- Other debts -€39,769
down €39,769 (-98.8%), from €40,265 to €496
- Trade debts +€9,870
up €9,870 (+340.9%), from €2,895 to €12,765
- Tax, wage and social debts +€4,088
up €4,088 (+56.0%), from €7,298 to €11,386
of which Taxes: +€4,088
- Gross operating margin +€22,628
up €22,628 (+51.6%), from €43,852 to €66,480
- Taxes +€7,089
up €7,089 (+49.0%), from €14,464 to €21,554
- Financial income +€2,424
up €2,424 (+257.6%), from €941 to €3,365
- Depreciation +€1,807
up €1,807 (+74.7%), from €2,419 to €4,225
- Financial charges +€1,625
up €1,625 (+338.9%), from €480 to €2,105
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 | €190,919 | €205,660 | +€14,741 | +7.7% |
| Fixed assets | 21/28 | €18,409 | €14,184 | -€4,225 | -23.0% |
| Tangible fixed assets | 22/27 | €18,409 | €14,184 | -€4,225 | -23.0% |
| Furniture and vehicles | 24 | €14,772 | €10,974 | -€3,798 | -25.7% |
| Other tangible fixed assets | 26 | €3,637 | €3,210 | -€428 | -11.8% |
| Current assets | 29/58 | €172,510 | €191,476 | +€18,966 | +11.0% |
| Amounts receivable within one year | 40/41 | €47,095 | €49,186 | +€2,091 | +4.4% |
| Trade receivables | 40 | €38,698 | €24,346 | -€14,351 | -37.1% |
| Other amounts receivable | 41 | €8,397 | €24,840 | +€16,443 | +195.8% |
| Current investments | 50/53 | €96,374 | €84,967 | -€11,407 | -11.8% |
| Cash at bank and in hand | 54/58 | €26,935 | €55,407 | +€28,473 | +105.7% |
| Deferred charges and accrued income | 490/1 | €2,107 | €1,916 | -€191 | -9.1% |
| Total equity and liabilities | 10/49 | €190,919 | €205,660 | +€14,741 | +7.7% |
| Equity | 10/15 | €139,736 | €180,293 | +€40,556 | +29.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €133,536 | €174,093 | +€40,556 | +30.4% |
| Distributable reserves | 133 | €133,536 | €174,093 | +€40,556 | +30.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €51,183 | €25,367 | -€25,816 | -50.4% |
| Amounts payable within one year | 42/48 | €50,958 | €25,367 | -€25,591 | -50.2% |
| Trade debts | 44 | €2,895 | €12,765 | +€9,870 | +340.9% |
| Suppliers | 440/4 | €2,895 | €12,765 | +€9,870 | +340.9% |
| Advances received on contracts in progress | 46 | €500 | €720 | +€220 | +44.0% |
| Taxes, remuneration and social security | 45 | €7,298 | €11,386 | +€4,088 | +56.0% |
| Taxes | 450/3 | €7,298 | €11,386 | +€4,088 | +56.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €40,265 | €496 | -€39,769 | -98.8% |
| Accrued charges and deferred income | 492/3 | €225 | €0 | -€225 | -100.0% |
| Remuneration, social security and pensions | 62 | €433 | €0 | -€433 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,419 | €4,225 | +€1,807 | +74.7% |
| Other operating charges | 640/8 | €2,672 | €1,405 | -€1,267 | -47.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €43,852 | €66,480 | +€22,628 | +51.6% |
| Operating profit (loss) | 9901 | €38,328 | €60,849 | +€22,521 | +58.8% |
| Financial income | 75/76B | €941 | €3,365 | +€2,424 | +257.6% |
| Recurring financial income | 75 | €941 | €3,365 | +€2,424 | +257.6% |
| Financial charges | 65/66B | €480 | €2,105 | +€1,625 | +338.9% |
| Recurring financial charges | 65 | €480 | €2,105 | +€1,625 | +338.9% |
| Profit (loss) for the period before taxes | 9903 | €38,790 | €62,110 | +€23,320 | +60.1% |
| Income taxes | 67/77 | €14,464 | €21,554 | +€7,089 | +49.0% |
| Profit (loss) for the period | 9904 | €24,326 | €40,556 | +€16,231 | +66.7% |
| Profit (loss) for the period to be appropriated | 9905 | €24,326 | €40,556 | +€16,231 | +66.7% |
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 29 September 2026 via checked.be.