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INMOBAT: 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.

What changed

INMOBAT

BE 0656.769.578
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€3,433
2024 · €3,363+€70
Equity
€122,136
2024 · €26,566+€95,570
Cash
€30,990
2024 · €29,412+€1,577
Balance sheet total
€515,178
2024 · €473,735+€41,443

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€27,665

    up €27,665 (+78.5%), from €35,232 to €62,897

    of which Other amounts receivable: +€15,565

  • Tangible fixed assets +€12,200

    up €12,200 (+3.0%), from €409,091 to €421,292

    of which Plant, machinery and equipment: +€38,860

Equity and liabilities
  • Contributions +€92,186

    up €92,186 (+743.4%), from €12,400 to €104,586

  • Trade debts -€62,454

    down €62,454 (-57.9%), from €107,890 to €45,437

  • Other debts -€47,845

    down €47,845 (-32.4%), from €147,653 to €99,807

  • Tax, wage and social debts +€36,647

    up €36,647 (+1960.8%), from €1,869 to €38,516

  • Accrued charges and deferred income +€30,000

    new in 2025: €30,000

Income statement
  • Purchases and services +€37,763

    new in 2025: €37,763

  • Taxes +€8,780

    new in 2025: €8,780

  • Gross operating margin +€8,687

    up €8,687 (+26.1%), from €33,325 to €42,011

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €3,363
Gross operating margin +€8,687
Depreciation +€51
Other operating charges -€7
Financial charges +€119
Taxes -€8,780
Result 2025 €3,433

Cash bridge derived

cash 2024 to 2025

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.

From operations -€41,253
Investment -€38,832
Financing +€81,662
Cash 2024 €29,412
Net result for the year +€3,433
Depreciation +€26,631
Receivables within one year -€27,665
Trade debts -€62,454
Tax, wage and social debts +€36,647
Other debts -€47,845
Accrued charges and deferred income +€30,000
Investment in fixed assets (net) -€38,832
Debts after one year -€10,646
Current portion of long-term debt +€171
Contributions, distributions and other +€92,137
Cash 2025 €30,990
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €473,735 €515,178 +€41,443 +8.7%
Fixed assets 21/28 €409,091 €421,292 +€12,200 +3.0%
Tangible fixed assets 22/27 €409,091 €421,292 +€12,200 +3.0%
Land and buildings 22 €409,091 €382,432 -€26,660 -6.5%
Plant, machinery and equipment 23 - €38,860 +€38,860
Current assets 29/58 €64,644 €93,887 +€29,243 +45.2%
Amounts receivable within one year 40/41 €35,232 €62,897 +€27,665 +78.5%
Trade receivables 40 €32,600 €44,700 +€12,100 +37.1%
Other amounts receivable 41 €2,632 €18,197 +€15,565 +591.4%
Cash at bank and in hand 54/58 €29,412 €30,990 +€1,577 +5.4%
Total equity and liabilities 10/49 €473,735 €515,178 +€41,443 +8.7%
Equity 10/15 €26,566 €122,136 +€95,570 +359.7%
Contributions 10/11 €12,400 €104,586 +€92,186 +743.4%
Reserves 13 €1,240 €1,240 = 0.0%
Non-distributable reserves 130/1 €1,240 €1,240 = 0.0%
Reserves not available under the articles 1311 €1,240 €1,240 = 0.0%
Profit (loss) carried forward 14 €12,926 €16,310 +€3,384 +26.2%
Amounts payable 17/49 €447,169 €393,042 -€54,127 -12.1%
Amounts payable after more than one year 17 €179,282 €168,637 -€10,646 -5.9%
Financial debts 170/4 €179,282 €168,637 -€10,646 -5.9%
Amounts payable within one year 42/48 €267,887 €194,406 -€73,481 -27.4%
Current portion of amounts payable after more than one year 42 €10,475 €10,646 +€171 +1.6%
Trade debts 44 €107,890 €45,437 -€62,454 -57.9%
Suppliers 440/4 €107,890 €45,437 -€62,454 -57.9%
Taxes, remuneration and social security 45 €1,869 €38,516 +€36,647 +1960.8%
Taxes 450/3 €1,869 €38,516 +€36,647 +1960.8%
Other amounts payable 47/48 €147,653 €99,807 -€47,845 -32.4%
Accrued charges and deferred income 492/3 - €30,000 +€30,000
Goods, raw materials, services and sundry goods 60/61 - €37,763 +€37,763
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €26,682 €26,631 -€51 -0.2%
Other operating charges 640/8 - €7 +€7
Gross operating margin 9900 €33,325 €42,011 +€8,687 +26.1%
Operating profit (loss) 9901 €6,642 €15,374 +€8,731 +131.4%
Financial charges 65/66B €3,279 €3,161 -€119 -3.6%
Recurring financial charges 65 €3,279 €3,161 -€119 -3.6%
Profit (loss) for the period before taxes 9903 €3,363 €12,213 +€8,850 +263.1%
Income taxes 67/77 - €8,780 +€8,780
Profit (loss) for the period 9904 €3,363 €3,433 +€70 +2.1%
Profit (loss) for the period to be appropriated 9905 €3,363 €3,433 +€70 +2.1%

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 28 September 2026 via checked.be.