INJA 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.
INJA IMMO
Largest movements
- Cash -€30,724
down €30,724 (-52.2%), from €58,914 to €28,190
mainly Net result for the year (-€179,886) and Investment in fixed assets (net) (-€68,427)
- Other debts +€220,135
up €220,135 (+10.4%), from €2.1m to €2.3m
- Profit (loss) carried forward -€179,886
down €179,886 (-27.2%), from -€660,200 to -€840,087
- Gross operating margin -€29,963
down €29,963 (-40.3%), from €74,341 to €44,378
- Financial charges -€10,658
down €10,658 (-6.3%), from €169,233 to €158,575
- Other operating charges +€3,888
up €3,888 (+39.5%), from €9,844 to €13,732
- Depreciation +€1,238
up €1,238 (+2.4%), from €50,720 to €51,958
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 | €3,058,237 | €3,039,855 | -€18,381 | -0.6% |
| Fixed assets | 21/28 | €2,991,878 | €3,008,348 | +€16,469 | +0.6% |
| Tangible fixed assets | 22/27 | €2,991,878 | €3,008,348 | +€16,469 | +0.6% |
| Land and buildings | 22 | €2,919,924 | €2,879,619 | -€40,305 | -1.4% |
| Plant, machinery and equipment | 23 | €71,954 | €128,728 | +€56,774 | +78.9% |
| Current assets | 29/58 | €66,358 | €31,508 | -€34,851 | -52.5% |
| Amounts receivable within one year | 40/41 | €5,318 | €1,296 | -€4,023 | -75.6% |
| Trade receivables | 40 | €5,318 | €1,296 | -€4,023 | -75.6% |
| Current investments | 50/53 | €104 | €104 | +€1 | +0.5% |
| Cash at bank and in hand | 54/58 | €58,914 | €28,190 | -€30,724 | -52.2% |
| Deferred charges and accrued income | 490/1 | €2,023 | €1,918 | -€104 | -5.2% |
| Total equity and liabilities | 10/49 | €3,058,237 | €3,039,855 | -€18,381 | -0.6% |
| Equity | 10/15 | €699,224 | €519,338 | -€179,886 | -25.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €1,215,000 | €1,215,000 | = | 0.0% |
| Reserves | 13 | €82,424 | €82,424 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,123 | €4,123 | = | 0.0% |
| Legal reserve | 130 | €4,123 | €4,123 | = | 0.0% |
| Distributable reserves | 133 | €78,302 | €78,302 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€660,200 | -€840,087 | -€179,886 | -27.2% |
| Amounts payable | 17/49 | €2,359,013 | €2,520,518 | +€161,505 | +6.8% |
| Amounts payable after more than one year | 17 | €50,000 | €21,000 | -€29,000 | -58.0% |
| Other amounts payable | 178/9 | €50,000 | €21,000 | -€29,000 | -58.0% |
| Amounts payable within one year | 42/48 | €2,138,482 | €2,339,657 | +€201,175 | +9.4% |
| Current portion of amounts payable after more than one year | 42 | €21,000 | - | -€21,000 | |
| Financial debts | 43 | - | €1,048 | +€1,048 | |
| Credit institutions | 430/8 | - | €1,048 | +€1,048 | |
| Trade debts | 44 | €1,262 | €2,394 | +€1,132 | +89.7% |
| Suppliers | 440/4 | €1,262 | €2,394 | +€1,132 | +89.7% |
| Taxes, remuneration and social security | 45 | €1,203 | €1,062 | -€141 | -11.7% |
| Taxes | 450/3 | €1,203 | €1,062 | -€141 | -11.7% |
| Other amounts payable | 47/48 | €2,115,017 | €2,335,153 | +€220,135 | +10.4% |
| Accrued charges and deferred income | 492/3 | €170,531 | €159,860 | -€10,670 | -6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,720 | €51,958 | +€1,238 | +2.4% |
| Other operating charges | 640/8 | €9,844 | €13,732 | +€3,888 | +39.5% |
| Gross operating margin | 9900 | €74,341 | €44,378 | -€29,963 | -40.3% |
| Operating profit (loss) | 9901 | €13,778 | -€21,311 | -€35,089 | |
| Financial income | 75/76B | €27 | €1 | -€27 | -97.2% |
| Recurring financial income | 75 | €27 | €1 | -€27 | -97.2% |
| Financial charges | 65/66B | €169,233 | €158,575 | -€10,658 | -6.3% |
| Recurring financial charges | 65 | €169,233 | €158,575 | -€10,658 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | -€155,428 | -€179,886 | -€24,458 | -15.7% |
| Income taxes | 67/77 | €0 | €0 | +€0 | +166.7% |
| Profit (loss) for the period | 9904 | -€155,428 | -€179,886 | -€24,458 | -15.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€155,428 | -€179,886 | -€24,458 | -15.7% |
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 9 October 2026 via checked.be.